Happy international womens day 2024
"In the future, there will be no female leaders. There will just be leaders." Sheryl Sandberg This quote by Sheryl Sandberg, the former COO of Facebook, is about advocating for gender equality in leadership positions. She is proposing a future where gender is not a factor in determining leadership potential, and where people are simply judged on their merits and qualifications. Source: UK Artificial Intelligence
Interesting chart showing the # of stocks that are up 100%+ YoY with a price to sales ratio greater than 10 over time.
Currently not nearly as frothy as the Dot Com bubble peak months and the peak months during the meme stock rally in late 2020/early 2021. Source: Bespoke
Failure is a muscle.
Source: Seek Wiser
Nvidia, $NVDA, is now just $300 billion away from passing Apple, $AAPL, as the second largest company in the world.
That means Nvidia would need to rise another 13% to dethrone Apple. With $NVDA currently trading at $919, we would need to see a move to $1040 for the stock to pass $AAPL. Just 4 years ago, Apple was more than 20 TIMES larger than Nvidia was. It's now nearly 5 TIMES larger than Walmart, $WMT, by market cap. Source: The Kobeissi Letter
Food for Thoughts
Source: Succeeded Mind
Bank of Japan boj now owns nearly 60% of the entire Japanese government bonds
Source: Game of Trades
Higher female board presence may give ETFs 2.2% performance edge
ETFs that invest in companies with at least 25% women on their boards outperformed by 2.2% in 2023 rivals that invest in firms with fewer female directors. Statistical analysis suggests that relationship may be more causal than coincidental, adding to the value proposition of female corporate oversight.
Source: Bloomberg Intelligence
CEOs' economic outlook is surging
America's top executives are strikingly more confident about the economy, with expectations of stronger sales and capital investments. For the first time in two years, the Business Roundtable's quarterly gauge of CEO sentiment is above its historical average. By the numbers: The lobbying group's index jumped by 11 points in the first quarter to 85 — topping the long-running average by 2 points. source : axios
