2023 has been the polar opposite of 2022:
-Worst performing areas of the equity market in 2022 (Nasdaq/Tech/Growth) have been the best performers in 2023. -Best performers from 2022 (Energy/Value/Equal Weight) have been the worst in 2023. Source: Charlie Bilello
Central bank liquidity and the Sp500 are experiencing a rather large divergence. Will it matter?
Source: Markets & Mayhem
Why you should invest for the long run - Nikhil Kamath / InvestyWise Nikhil Kamath
(Stats are for Indian hashtag#stocks but the principle remains the same for most equity markets in the world) "Someone's sitting in the shade today because someone planted a tree a long time ago." - Warren Buffet
Microsoft $MSFT has joined Apple $AAPL as the 2nd individual company that has a bigger market cap than the combined market cap of all stocks in the small-cap Russell 2,000:
Source: Bespoke
This is how Waren Buffet manages risk
Instead of over-diversifying, he takes big bets on companies / stocks on which he has super-strong conviction and knowledge. Almost half of Warren Buffett’s portfolio is made up of Apple at 48%, and valued at $163.7B. The top 5 holdings account for over 75% of the total portfolio... Source: Genuine Impact
Walmart vs Amazon
25 yrs ago: Walmart revenue 305x larger than Amazon. 20 yrs ago: Walmart revenue 51x larger than Amazon. 10 yrs ago: Walmart revenue 7x larger than Amazon. 5 yrs ago: Walmart revenue 2x larger than Amazon. Today: Walmart revenue 1.1x larger than Amazon. Source: Charlie Bilello
Did you know that the biggest e-Commerce app in Asia AND EUROPE trades at 10X earnings?!
$BABA Source: A.J. Button
8 straight day higher for Nasdaq and 7 straight for S&P - the longest winning streaks since Nov 2021...
Source: Bloomberg, www.zerohedge.com
