Geoff Moore

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Any noteworthy items from the Gavin/Chanos discussion or mostly what you'd expect from the two?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate @GavinGewecke Life alpha > investment alpha. Just ordered, thank you.

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Thanks. My initial thought was high real yields typically is bad for gold/commodities but missed the balanced risk aspect. I know your view on the semis bubble but do you currently view RoW equities unattractively for that balance? Excluding outliers like korea obviously...

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Can you expand on the reasoning behind the "if equities haven't corrected, then I'll buy commodities and gold."? Just peak real rates?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Good luck and hope you get some relief soon Andy.

[Geoff Moore @Geoffmoore1029]

@Geo_papic Wag the Dog!

[Geoff Moore @Geoffmoore1029]

@DsrPrivate I would agree. The alpha is in the synthesis of the information, not the access. I don't think AI would have been table pounding the income driven expansion in late 22 & 23 with you and Bob, even with all the information. Though it would perfectly explain it after the fact.

[Geoff Moore @Geoffmoore1029]

@DsrPrivate To your first point, does alpha always have to be persistent to be considered alpha? Can't some people have alpha in specific areas/fields during certain periods of time? Does your QRA alpha not count just because some quarters it doesn't matter as an example?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate FWIW, I always thought your blotter reviews did a great job bridging your views with your positions. That said, I haven't been confused on your views.

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Does it matter in the bigger picture how much of that capex increase is coming from higher priced goods (memory, etc) vs a true increased capacity buildout?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Historically, have you ever done anything at the sector level?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Missed that, thanks!

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Where do you fall on the Matt Shumer doom scenario vs the other end of the spectrum?

[Geoff Moore @Geoffmoore1029]

@DSDataPrivate Does that being the Mag7 to around $700b now?

[Geoff Moore @Geoffmoore1029]

@DsrPrivate @tallnfat Software has been getting smoked too which impacts them more.

[Geoff Moore @Geoffmoore1029]

@DsrPrivate @DSDataPrivate The article that prompted the question stated $1T outflows from active and $600b of that into passive last year.

[Geoff Moore @Geoffmoore1029]

@DSDataPrivate Thanks for putting it together Daniel!

[Geoff Moore @Geoffmoore1029]

@SaleemLampwalla @DsrPrivate https://t.co/3bUKvKbuCy

[Andy Constan @dampedspring]

How I choose options for the damped spring portfolio 101?

This is a fairly narrow 101 because I will focus on how I use options for my portfolio. There are endless options strategies for investors to consider and I would be happy to address specific strategies in future 101's

[Geoff Moore @Geoffmoore1029]

@DsrPrivate Thanks for the clarification.

[Geoff Moore @Geoffmoore1029]

@DsrPrivate If IORB caught them by surprise, it wasn't their reason for the Fed balance sheet increasing. Did they give their reasoning? I.e. they'll buy mbs to lower mortgage rates? That seems like the least consensus call.