According to the aggregate strategic asset allocation of family offices published in the latest UBS Global Family Office Report, gold is NOT a crowded trade, far from it...
I don't see an allocation to bitcoin either by the way. file:///C:/Users/cmonchau/Downloads/global-family-office-report-desktop2025.pdf
Why you need to invest, in one chart...
Source: Charlie Bilello
Welcome to panic-driven buying!
Going into this week: * Hedge funds just hit 100th percentile gross leverage * Biggest 6-week positioning jump since 2020. * Net buying at +2.5 SD (largest since Dec ’21) * Put protection near multi-year lows * "Offers wanted" floods GS desk This isn’t cautious buying—it’s panic-driven chase mode. Source: The Market Ear
Sometimes we need to be careful with magazine cover page.
Or use them as contrarian indicator?
$1.2 Trillion of S&P 500 $SPX notional options exposure is set to expire on Friday with a max pain price currently sitting at 5,840
Source: Barchart
Institutional investors have rarely been this BEARISH on the US Dollar:
Nearly 20% of fund managers, 174 fund managers with $458 billion in assets, surveyed by BofA said they are underweight the US Dollar, the most in 19 YEARS. Is the US Dollar heading even lower?
📢 MICHAEL BURRY HAS SOLD EVERY SINGLE STOCK HE OWNED.
HE DID START A NEW POSITION IN ESTEE LAUDER THATS HIS ONLY CURRENT POSITION 😨 Michael Burry didn’t just trim his longs. He loaded up on PUTS. 🔴 He’s betting against: • $NVDA (900k shares) • $BABA, $PDD, $JD, $BIDU (China) • $TCOM ‼️ Nearly 50% of his portfolio is a short on $NVDA alone. The Big Bear is back🐻 Source: GURGAVIN on X, Michael Burry Stock Tracker
Incredible stat: 98% of Warren Buffett's current net worth of $160 billion came after he turned 65.
"My life has been a product of compound interest." Warren Buffett Source: Peter Mallouk
