Alliora

Opinions are my own. No investment/tax or other advice. Do your own research.

[Alliora @MeanMatch]

Buy the S&P 500 Index and forget all about it

In the paper „A Quantitative Approach to Tactical Asset Allocation“ Meb Faber outlined a simple yet brilliant strategy for asset allocation: equal weight across five liquid asset classes (US stocks, rest of world [RoW] stocks, 👇

[Alliora @MeanMatch]

The point is that the next evolution of finance may be less about apps, chats or dashboards, and more about giving instructions to an agent and letting it get to work.

[Alliora @MeanMatch]

Managing money is time-consuming. Researching opportunities, moving funds, optimizing yields, rebalancing portfolios and tracking taxes can easily consume hours every month.

[Alliora @MeanMatch]

AI agents have already processed around 100 million transactions & moved tens of millions of dollars through crypto wallets. Coinbase is building the infrastructure for a future where AI doesn't just answer financial questions but actively manages capital & executes transactions.

[Par Value @ParValue26]

Let's be clear about what this actually is.
Index providers didn't change their rules out of goodwill. They changed them because SpaceX is too big and too politically connected to exclude. A $1.5 trillion company going public and not landing in passive funds immediately would be embarrassing for the index industry.
But the consequence is real: $30 trillion in retirement money gets forced into SpaceX at whatever valuation Elon and the bankers set. No price discovery. No earnings track record requirement. No seasoning period to let the market find fair value.
The rules that protected passive investors since 2002 were waived in weeks.
If SpaceX is overvalued at IPO, every 401k in America owns it at the top.

[Alliora @MeanMatch]

#Recession

[Alliora @MeanMatch]

Nobody can force you to do anything with your bitcoin stored in cold wallet - that's the whole point.

https://t.co/u5u8aBG5K0

[Alliora @MeanMatch]

Now that rates, energy shocks and slower growth are pressuring the system, that concentration is unwinding and software is taking the hit first. In other words, this is not just a normal tech pullback, but a crowded trade being repriced under a very different regime.

[Alliora @MeanMatch]

This extreme private equity overweight to software may be one more reason the software correction is happening so hard. When nearly half of all PE deals crowd into one sector, software stops being just a growth story and starts becoming a positioning risk.

[Alliora @MeanMatch]

Too much capital chased the same SaaS narrative of endless growth, sticky revenue and clean cash flow, which inflated valuations far beyond what a tighter macro regime can support.

[Alliora @MeanMatch]

@KobeissiLetter The bottom line is that the Magnificent 7’s pivot away from their asset-light past. Now they are bound by the same physical and financial limits as any other industrial enterprise.

https://t.co/zx16HttMPl

[Alliora @MeanMatch]

Gold became a risk asset - momentum buyers chase upside, then panic-sell on fear, accelerating downside like any crowded trade unwind.

[Alliora @MeanMatch]

Europe's energy stupidity: from Russian gas addiction to Qatar and US LNG dependency in just two years. Europe didn't fix its addiction, it just changed dealers. Trading Putin for Qatar and Trump is hardly a strategy.

[Alliora @MeanMatch]

The Hunt story shows that inflation may be the system’s inevitable escape from excessive debt, but it only transfers wealth to those who can hold assets without leverage long enough to survive denial, intervention, and delay.

[Alliora @MeanMatch]

"Any damn fool can run a printing press."
- Nelson Bunker Hunt, 1974

[Alliora @MeanMatch]

This chart reads like a slow, almost embarrassed retreat of the euro - from assumed anchor to just another option once belief quietly dissolved.

[Alliora @MeanMatch]

@brian_armstrong and exactly the kind of distortion that matters more than price charts if you are trying to understand where the system is actually moving.

[Alliora @MeanMatch]

@brian_armstrong The conflict is not about whether stablecoins will exist, but about who gets to capture the boredom-level returns once they do. This is exactly the kind of regulatory ghost that shapes markets long before anything visibly collapses,