Warren Buffett did it again! Berkshire Hathaway outperformed the S&P 500 in 2024.
Source: Barchart
The last time just 10 stocks accounted for 38% of total market cap was just before the Great Depression
Source: Goldman, zerohedge
The best performing stock in the S&P 500 last year...
Source: Charlie Bilello
MicroStrategy $MSTR now down 47% since hitting an all-time high 6 weeks ago
Source: Barchart
The Enormous Eight: 2024 Returns
Nvidia $NVDA: +171% Netflix $NFLX: +83% $META: +66% Tesla $TSLA: +63% Amazon $AMZN: +44% Google $GOOGL: +36% Apple $AAPL: +31% -S&P 500 $SPY: +25% Microsoft $MSFT: +13% -S&P Equal Weight $RSP: +13% -S&P SmallCap $IJR: +9% Source: Charlie Bilello
This is EM currency performance versus the Dollar in 2024. The 3 worst performers are: (i) Argentina's Peso; (ii) Brazil's Real; (iii) Russia's Ruble.
Source: Bloomberg, Robin Brooks
Swiss central bank faces call to hold bitcoin in reserves
Swiss citizens are advancing a new initiative to integrate Bitcoin into the financial reserves of the Swiss National Bank (SNB). This proposal has entered the official signature collection phase, aiming to secure 100,000 signatures within 18 months. If successful, the initiative will proceed to a national referendum to amend the Swiss federal constitution. The Swiss citizens initiative is an attempt to include Bitcoin in Article 99 (Clause 3) of the Swiss constitution which presently requires some amount of the country to be stored in gold. Bitcoin enthusiasts have suggested that Bitcoin should be considered as an instrument similar to gold. However, the initiative encounters numerous challenges even though the interest has been escalating. Switzerland being a neutral country does not often make changes to its constitution and the process is quite long and complicated. The proposal has to be supported and getting 100,000 verified signatures within the time limit is rather a challenging feat. source : coingape
S&P500's Biggest Winners of 2024
source: yahoo!finance
