Michael Lebowitz, CFA

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[Michael Lebowitz, CFA @michaellebowitz]

Buy and hold is not a process... Buy and hold is a recipe to give back half or more of what you have earned over the last 5-10 years. Have a process and understand risk. You can make back money but not time.

[Michael Lebowitz, CFA @michaellebowitz]

@FocusWalker Thank you. I have been roasted for my tweet and primarily asked about gold and dollar valuations. Your reply is the first numerical answer I have gotten. How did you arrive at it?

[Michael Lebowitz, CFA @michaellebowitz]

Someone just asked me how far Bitcoin could fall. I replied: "What is it worth?" I got a blank stare. And there is the answer.

Without being able to put a reasonable fair value on it, as it has no cash flows, it's impossible to know when buyers will step in. Could be 60k or could be 6k

[Michael Lebowitz, CFA @michaellebowitz]

The IPO Boom And Its Impact On Markets https://t.co/c9K4T4RO3R

[Michael Lebowitz, CFA @michaellebowitz]

GOLDMAN SACHS EXPECTS SPACEX’S AI REVENUE TO SURGE 100 TIMES BY 2030

Let me guess, Goldman is a lead underwriter in the IPO

[Michael Lebowitz, CFA @michaellebowitz]

The word “quantum” is defined as “an amount,” with its Latin root meaning “how much.” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “quantum leap,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next potential technological innovation—quantum computing. Check out our latest:
https://t.co/QT87vSA4Cw

[Michael Lebowitz, CFA @michaellebowitz]

Saylor Sells Bitcoin: Is His Cult Crumbling?
https://t.co/UKkHTOUOvN

[Michael Lebowitz, CFA @michaellebowitz]

@TheVolawatcher if you had to create a small portfolio of five Q stocks which five? Considering the benefit to big companies is limited but so is the risk of failure.

[Michael Lebowitz, CFA @michaellebowitz]

Quantum computing promises to solve problems in minutes that would take today's computers longer than the age of the universe. But the technology is far more fragile and complex than the headlines suggest. Today's article breaks down how quantum bits work, why reliable quantum computers are likely still years away, and which companies are best positioned to survive the long wait. Check out our latest:
https://t.co/QT87vSA4Cw

[Julian Klymochko @JulianKlymochko]

History doesn't repeat but it often rhymes.

March 2000, June 2008, and February 2021 were wonderful times to begin shorting high beta stocks.

[Michael Lebowitz, CFA @michaellebowitz]

The word “quantum” is defined as “an amount,” with its Latin root meaning “how much.” In physics, a quantum is the smallest discrete unit of any physical property. The adjective form, as in “quantum leap,” describes a sudden, significant, and fundamental change. It is also a perfect adjective for coining the next potential technological innovation—quantum computing. Check out our latest:
https://t.co/QT87vSzwMY

[Michael Lebowitz, CFA @michaellebowitz]

The Blackwell Cliff That Wasn’t https://t.co/hDMMBFUSJh

[Michael Lebowitz, CFA @michaellebowitz]

@DavidBCollum @chrismartenson Does no temperature mean absolute zero or actually no temperature?

[Michael Lebowitz, CFA @michaellebowitz]

AI Credit Card Agents: The Next Wave Of Consumerism https://t.co/u2U3YBuyzB

[Michael Lebowitz, CFA @michaellebowitz]

Low Savings Boosts Spending Today But At A Cost Tomorrow https://t.co/13steBcLZS

[Michael Lebowitz, CFA @michaellebowitz]

Part Two discusses what we believe are the two biggest risks to the bullish case: how well the benefits of productivity are distributed between corporate America and the broader population, and the Engels Pause, a prolonged period of disruption that precedes the widespread benefits of innovation.
https://t.co/lns94dDTNt

[Michael Lebowitz, CFA @michaellebowitz]

@LanceRoberts Yes, but at some point, savings will normalize. More on this coming in Monday's Commentary and a future blog article. The big question is how much will AI Capex offset the impact of an eventual increase in savings rates.

[Michael Lebowitz, CFA @michaellebowitz]

@LanceRoberts The savings rate is down to 2.6% as a result. Not much left in consumer's tank to spend. Can AI Capex offset it???