The latest earnings reports offer some reassurance that capital spending (capex) remains strong, says Melius’s Reitzes.
Hyperscalers haven’t cut back on their investments, which is good news for AI-related stocks like Nvidia, Broadcom, and Arista Networks. Source: HolgerZ, Melius Research
Apple has bought back $693 billion in stock over the past 10 years, which is greater than the market cap of 488 companies in the S&P 500
Source: Charlie Bilello
The Warren Buffet Way..
Since 1964, Berkshire Hathaway has delivered a staggering return of over 5,500,000% That’s 5.5 million percent… To put it in perspective: a $10,000 investment back then would be worth $550 million today Source: Stocktwits @Stocktwits
Warren Buffet's portfolio as of 31st of March 2025
Source: Investywise
Microsoft $MSFT CapEx increased with 53% y/y in Q3'25
Source: Quartr
Long term investing
Source: Dividend Growth Investors
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
