Book: The Art Of Compounding Quality
"What's left for the quality investor? Lean back and do nothing" "Don't be distracted by short-term disturbances, cherish your companies, and let time, a quality company's best friend, do its work" Source: investmentbooks
Hedge funds increased ETF short positions by largest amount in 20 months according to Goldman Sachs
Source: barchart
An exciting stat from Goldman: Just 10y ago, the collective market cap of the Mag 7 was $1.5tn.
Today, that stands at $13.5tn. Source: GS, HolgerZ
"The stock-bond correlation switch is the ultimate diversification regime shift."
"You don't have as great a need for alternatives when the correlation is negative. Investor search for diversification should be at a heightened level." Source: BofA, Darren
Big Election Year Q1s Dip April-May Before Gains Last 7 Months.
2024 is 3rd best Election Q1 since 1950 tracking. Historically, there is a dip in April-May before gains till year-ned. There was only 2 losses in the last 7 months of election years since 1950 (2000 & 2008) Source: Ryan Detrick, CMT, AlmanacTrader
As shown by Jeroen Blokland >>> The Ishares 20+ Year Treasury Bond ETF is down 48% since April 2020.
This means investors have realized a negative return of 15% annually on long-duration bonds over the last four years. Moreover, this 'return' was realized with structurally higher volatility and, on average, a positive correlation with stocks. It also means the market for long-duration bonds has to double(!) to erase losses. Source: Jeroen Blokland
(Bloomberg) - A surprising thing is happening to some women on weight-loss drugs who’ve struggled with fertility issues: They’re getting pregnant...
Source: Bloomberg, Carl Quintanilla
$BABA Alibaba free cash flow vs share price
Source: KoyfinCharts
