I want to start a group that focuses on big, step-changes for Australia - particularly in the "top" bit, which faces the world. Drop me a note if you're interested. I'm open to ideas.
@qcapital2020 There's a little bit of Chamath in all of us that has to be restrained at all times. When you think you have alpha, always ask yourself, but is it just levered beta. Nothing wrong with levered beta as long as you know it's levered beta. That way you will sell out in time.
The unusually uncertain outlook
This photo, taken this morning, captures well the current state of many economic, financial and policy analyses:
Lots of fog and general uncertainty; a few things commanding clarity โฆ but even here itโs partial.
#economy#markets#EconTwitter
@ania_kubow Take more time through university and focus on obtaining HD's via less volume of work. There is no rush once you begin your studies, as your grades will open doors not time to completion
One of the worlds biggest shipbuilders is approaching decade-high orderbook growth with 1/4 the revenues and none of the profit. Are new builds mispriced, or just mismanaged? What's happening?
@Sentdex Not concerned with the progress of AI... However, concerned about data collection and the application of AI by large companies to herd humanity in a direction away from peace and happiness for power and wealth.
@WifeyAlpha W, may I ask how you suggest a normie may start to get short now? A bit late the the game.. I assume to await a local peak and enter with low portfolio allocation...
Have been dillgently saving for the bottom and 95% cash.
P.s. I am unable to qualofy for US options only CFDs <3
Thankfully only a 20% allocation of portfolio to equities.
Saving cash and awaiting allocation to levered indices and high yield funds when the time is right. $DHY returning a nice 10.7%p.a... likely go lower. $GGUS returned a x4 cash multiple 2020 low to 2022.
Took a pretty big L today... Allocation failed to capitalise favourable economic tailwinds.. Now global growth is in a predicament and the boat has been missed. High concentration to O&G. 5yr horizon could be pretty good, but a lot of risk in ST