Types of competitive advantage.
Nice pic by @Invesquotes thru Brian Feroldi
World's Biggest Pension Funds have halted their investments in the U.S. until the country stabilizes
Some of the world’s biggest pension funds are halting or reassessing their private market investments into the US, saying they will not resume until the country stabilises after Donald Trump’s erratic policy blitz. The moves underscore how big institutional investors are rethinking their exposure to the world’s largest economy as the US president’s trade policy upends markets, adding pressure to America’s private capital industry, which is under increasing liquidity strain. Some top Canadian funds are backing away from taking on more US private assets because of geopolitical concerns and fears they will lose tax breaks on their American investments. Canada Pension Plan Investment Board, which has C$699bn ($504bn) in assets, is among those considering its approach. Meanwhile, one of Denmark’s biggest retirement funds has paused new investments in US private equity because of concerns over stability and Trump’s threats to take over Greenland, an executive at the fund told the Financial Times. Source: FT, Barchart
The only person that can lose you money in the stock market?
Yourself. Source: Compounding Quality
Investing quote of the day
Meb Faber @MebFaber
Has a new secular BEAR MARKET begun in the US?
The US share in the global stock market has fallen 3-4 percentage points since its November 2024 peak of 67%. This comes as the US has significantly underperformed other markets this year. Many investors are not ready for this.. Source: BofA, Global Markets Investor
Well said by Peter Mallouk >>>
"It’s been a rough year so far for US equity markets, but we’ve been through much worse in the past and gotten through it. We’ll get through this as well. As Abraham Lincoln once said: This, too, shall pass.”
Never interrupt the compounding effect:
Source: Invest in Assets
One-Pager on The Intelligent Investor:
Source: Daniel @MnkeDaniel
