Francesco Ruffini

[Francesco Ruffini @FrRuffini]

@AndreasSteno If so SPY can reach 4800 by year end, lower dollar has been one of the key driver for multiple expansion in 2009-2013

[Francesco Ruffini @FrRuffini]

@seandsweeney @aussieflya Old 911 are not really as expensive as they looks like. In some cases (driving less than 5k miles / Y) the total cost of ownership for a 996/997 is lower than any other car given that they will not lose more value. Maintenance is the only issue, but not depreciation

[Francesco Ruffini @FrRuffini]

@GRDecter 3.5M

[Francesco Ruffini @FrRuffini]

@lisaabramowicz1 Hopefully we will see the end of this spending mania.

[Francesco Ruffini @FrRuffini]

@GRDecter Using the 3 month Treasuries is a bit misleading
The 10Y would provide a more smoothed picture

[Francesco Ruffini @FrRuffini]

@GRDecter And finally inflation will subdue

[Francesco Ruffini @FrRuffini]

@RichRayPoorRay @yourneedler @AdultingIsEasy And add dividends back to Equities. The leverage when investing in stocks is already factorized by many companies being leveraged, this the 10% compounding for the S&P 500.

[Francesco Ruffini @FrRuffini]

@itscharliemar Opening some tomorrow, so far long only

[Francesco Ruffini @FrRuffini]

@hendry_hugh Long term rates unchanged, you are aligned with market consensus of no more hikes

[Francesco Ruffini @FrRuffini]

@GRDecter Wasn’t he heavily short Europe before the recent massive rally?

[Francesco Ruffini @FrRuffini]

@AlessioUrban Likely outcome/ CNY do devaluate -> deflationary effect

[Francesco Ruffini @FrRuffini]

@hendry_hugh Don’t get me wrong, I HOPE you are right. given my long treasuries position (TLT but also ZROZ), but not anywhere as confident as you that inflation is slowing down so abruptly.

[Francesco Ruffini @FrRuffini]

@hendry_hugh 140 is wonderful wishing, but 115 is a reasonable target if inflation settle below 3%

[Francesco Ruffini @FrRuffini]

@GoodsCapital Yes, inflation

[Francesco Ruffini @FrRuffini]

@AlderLaneEggs Italy

[Francesco Ruffini @FrRuffini]

@Joe_A_Marshall 144k down payment invested in the S&P. 500 for 20y would have resulted in over 940k usd today. Subtract 20% long term cap gain, still an outstanding decision. In addition when renting usually you save in improvements and decorations. After all, why bother?

[Francesco Ruffini @FrRuffini]

@TheRealSmithKid @Joe_A_Marshall What about the down payment invested in the S&P500 compounded at 10% a year?

[Francesco Ruffini @FrRuffini]

@HindenburgRes Ackman vindicated

[Francesco Ruffini @FrRuffini]

@yourfriendandy The quintessential America answer to the pursuit of happiness: your single family home (30Y mortgage), pick up truck, backyard and a dog.

[Francesco Ruffini @FrRuffini]

@dougboneparth You will owe your 350k to Dimon, and no more free cookies…