Adam

Sports/music/food/cigars/scotch

[Adam @Adam36under]

@SamanthaLaDuc He never had the plot....

[Adam @Adam36under]

@StockShark16 This didn't age well....

[Adam @Adam36under]

@CCWatcher1 @MichaelPBento This! 👍

[Adam @Adam36under]

@1769_alex It's beautiful

[Adam @Adam36under]

@EdMac84 @cspan @SenWarren @SecScottBessent You would be incorrect. Just Google Bessent and George Soros

[NoLimit @NoLimitGains]

Berkshire Hathaway is preparing for something.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

🚨 We may be looking at the rarest market setup in 50 years.

The S&P 500's four historic drawdowns since 1972:
– 1973 Inflation: -43%
– 1987 Liquidity: -30%
– 2000 Tech: -47%
– 2008 Credit: -55%

Each one was driven by ONE dominant risk.

Right now, all four are present at the same time.

1. INFLATION
A commodity supercycle. Energy, metals, agriculture all in multi-year base breakouts. The Fed's preferred inflation gauge has been above 2% for 18 of the last 24 months.

2. LIQUIDITY
The largest equity supply shock since 2000. SpaceX, OpenAI, Anthropic raising ~$275B combined. Google flipping from $60B/year buybacks to $80B net issuance. Over $1 trillion of IPO and lockup supply hitting the Russell 3000 in 2026.

3. TECH
Semiconductors trading 73% above their 200-day moving average – the largest stretch since March 2000. Climax run signals across the AI complex. Micron, Palantir, SMCI, the SOX index, all showing the textbook O'Neil sell pattern.

4. CREDIT
Apollo, KKR, BlackRock, Blue Owl, Cliffwater, Partners Group – all gating redemptions on their evergreen funds in the last 90 days. The private credit machine is freezing in real time.

Never in 50 years have all four risks been simultaneously present.

But here's the part nobody talks about

While the AI Big 10 has gone vertical, quality stocks have been left for dead.

– Berkshire Hathaway: trailing the S&P 500 by hundreds of basis points
– Coca-Cola, Procter & Gamble, Pepsi: trading at multi-year relative lows
– HEICO, Union Pacific, MSCI: making boring new highs while everyone watches Nvidia
– Healthcare vs. S&P 500: 25-year relative low

The last time this happened?

December 1999. Barron's ran a cover titled "What's Wrong, Warren?" – mocking Buffett for being a dinosaur, for missing the internet, for refusing to pay for growth at any price.

Berkshire was down 19% in 1999 while the Nasdaq was up 85%.

What followed:
– Berkshire +29% over the next 24 months
– Nasdaq -78% over the next 30 months

The setup today

Four historic risks stacked simultaneously, while the boring, durable, cash-flowing businesses that always survive these regimes have been treated like dead money for years.

The math doesn't get more asymmetric than this.

Quality stocks aren't out of style.

They're being orphaned.

That's when generational positions are built.

The boring stuff hasn't worked for a long time.

History suggests that's exactly the moment it starts to.

[Adam @Adam36under]

@greg_hunter13 @eighteenholes18 @NUCLRGOLF He just blocked me because he’s wrong

[Adam @Adam36under]

@eighteenholes18 @greg_hunter13 @NUCLRGOLF And you say I’m arguing? Yet that’s all you’re doing on this thread

[Adam @Adam36under]

@JameyLowe9 @NUCLRGOLF Where do you spot the ball?

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF Rules 14.2d(2) and 14.2e or when the player will take relief under a Rule.If the ball was at rest on, under or against any immovable obstruction, integral object, boundary object or growing or attached natural object:
The flag is a moveable object. Ball falls into the hole. Done

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF The ball must be replaced on its original spot (which if not known must be estimated), except when the ball must be replaced on a different spot under

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF Maybe you should try and learn something.
14.2c
Spot Where Ball Is Replaced.....

[Adam @Adam36under]

@unusual_whales When did he say this? @unusual_whales He hasn't been seen for a week. Why are you posting old 'news'?

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF There would be no need to place it again, because as you said before, the ball is now below the surface of the green....and in the hole, at rest. There is no need to place it again.

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF Again, fix the ball mark....like everyone should do. Or even fix the damage done to the hole placement, replace the ball and the ball falls into the hole. Then, it's below the surface of the putting green. How would you play the ball in the current position? You can't.

[Adam @Adam36under]

@NUCLRGOLF It's an ace all day everyday

[Adam @Adam36under]

@eighteenholes18 @NUCLRGOLF Why? You fix your ball mark, place the ball back on the exact same spot, the ball falls into the cup. Very possible and very simple.

[Adam @Adam36under]

@financialjuice Wait, has anyone actually seen Trump in the last 8 days?

[No Lie with Brian Tyler Cohen @NoLieWithBTC]

Scott Pelley issues new statement after being fired by CBS for opposing their pro-MAGA bias:

“New management has instructed me to inject falsehoods and bias into a politically sensitive story. I’ve been told to include assertions that are unverified. To date, in every case, I have managed to ignore these instructions or refuse them.

Recently, politicians have been invited to choose correspondents for interviews on the broadcast. Giving politicians control over 60 Minutes interviews is not how this is done.

Finally, incompetence and unprofessionalism in the new management have wreaked havoc. In a case involving one of my stories, the entire program came within 19 minutes of not getting on the air at all.”