Jeff Henriksen

Founder and PM of Thorpe Abbotts Capital
CU Boulder, CU Denver, Oxford
All opinions are my own

[Jeff Henriksen @JeffH_TAC]

Call me an optimist, but I think the market is smart enough to sniff most of these shenanigans out.
https://t.co/sdUD5HAiW5

[Jeff Henriksen @JeffH_TAC]

Three days away from the first annual VALUEx Charlottesville. Happy to say that we sold out. Looking forward to seeing everyone soon!

#valuexcharlottesville #valueinvesting #valuex #investing #charlottesville

[Jeff Henriksen @JeffH_TAC]

Following a great weekend at #Berkshire2023, great to find this recent podcast by Todd Combs
https://t.co/S8cevOvsEs

[Jeff Henriksen @JeffH_TAC]

At the Berkshire annual meeting, let me know if you're around. #Berkshire2023

[Jeff Henriksen @JeffH_TAC]

Voting machine vs weighing machine

[Jeff Henriksen @JeffH_TAC]

"Funds marketed with a sustainable label were hit with $12.4bn in net outflows in the US in the past 12 months even as green funds in Europe added $126.3bn, according to the data provider Morningstar."
https://t.co/7tPXNgTPOm

[Jeff Henriksen @JeffH_TAC]

“A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.”
https://t.co/4bMm87wEHV

[Jeff Henriksen @JeffH_TAC]

"When you really see the ball, swing really big and when you don't see the ball, don't swing...when your terrible years you're up zero to five, and then throw a couple of fifties and sixties in, the numbers look pretty good over time"
https://t.co/YRnvOlPYw8

[Jeff Henriksen @JeffH_TAC]

Great paper
"We show that a run equilibrium is absent at low interest rates but appears when rates rise because the deposit franchise comes to dominate the value of the bank. The liquidity risk of the bank thus increases with interest rates."
https://t.co/NZQe88e9sH

[Jeff Henriksen @JeffH_TAC]

Volatility will get more extreme.
“preexisting exposure to social media predicts bank stock market losses in the run period even after controlling for bank characteristics related to run risk.... social media amplifies these bank run risk factors.”
https://t.co/3ku3BCQW4y

[Jeff Henriksen @JeffH_TAC]

“we reweight the portfolio daily towards the cheapest 20 per cent…on trailing free cash flows… When I looked this morning [14 March]…the markets only been cheaper for creating that bucket 6% of the time over the past 30 years”
https://t.co/AO6UNsGHbL

[Jeff Henriksen @JeffH_TAC]

Fear vs greed
"In the most bearish survey of this year…investors indicated that fears of a credit crunch had driven up bond allocation to a net 10% overweight, the highest since March 2009"
https://t.co/YJNhNgZvjq

[Jeff Henriksen @JeffH_TAC]

Coach Prime in the WSJ, Sko Buffs!
"He signed 28 players, currently the top ranked group according to 247sports"
https://t.co/hy07YXt2nM

[Jeff Henriksen @JeffH_TAC]

Behavioral credit investing:
"The credit crises...have resulted from some combination of (a) negative economic developments, (b) excesses in the markets, (c) adverse exogenous events, and (d) rising fear among investors and finance industry professionals."
https://t.co/yzHRPD6S1C

[Bogumil Baranowski @bogumil_nyc]

New Episode, Talking Billions: Jeff Henriksen | Deep Dive: Behavioral Finance: The New Frontier Or The Last Advantage in Investing -- it was a real pleasure to tackle some big topics with @JeffH_TAC ; please enjoy! https://t.co/JeQ8wg8uLb

[Jeff Henriksen @JeffH_TAC]

I'll be interviewed live on Cheddar's Closing Bell at 4pmET today. Live link
https://t.co/IzUKYNcP9k
@cheddar

[Jeff Henriksen @JeffH_TAC]

Some of my short thoughts on the Fed and inflation, quoted in Kiplinger and Nasdaq
https://t.co/0dY47vS6uX
https://t.co/YqSIS0TCdW