$SNAP i will make 100 of these T shirts. when the stock hits $6 bucks, i will mail them to the first 100 who retweeted the picture. Courtesy of Billy Ray
@berryhorse_29 Thoughts on recent pull forward estimates on quantum? Similar to AI timelines, it felt it was years away and then it was sudden. Appreciate your insights
https://t.co/AVvcadpFBN
Watch Hard Lessons, as legendary investor Stan Druckenmiller sits down with Morgan Stanley’s Iliana Bouzali, sharing how he would construct a portfolio if he had to start over today, why contrarianism is overrated, and which stock he regrets selling too early.
The Tortoise and the Hare: Store of Value edition.. love this chart of $GLD vs Bitcoin for past three years have the exactly same 39% ann return but two VERY dif routes there. One's a teenager and the other is 5,000 years old and they act like it.
This is probably one of my favorite clips from Stanley Druckenmiller. Listen to it at the start of every new year
"We have always believed that January 1 is when the house starts. I think this is the reason we have not had a down year. When I am up, I will play much more aggressively.
I see a lot of managers get up 20% and say I want to book my year, I made my high watermark, lets go to the beach. I am the opposite. Frankly I learned a lot of that from George [Soros]. If you are up 20 or 30%, you are playing the house money, thats when you try to get up 60 or 70%."
Agentic shopping is a mega trend. It’s seeing insane growth across all channels. Uses AI agents to make rational decisions and complete purchases. Stripe has gone all-in on it. Putting their best and brightest on it. $CMRC is early to the trend. Already partnered with Perplexity.
Bitcoin now has a market cap of $2.5 trillion, or $23.8 trillion LESS than gold.
In other words, gold is currently 10.5 times LARGER than Bitcoin.
Even if Bitcoin hit $1,000,000 and gold was unchanged, Bitcoin would still only be ~75% of the size of gold.
We are still early.
On a mission to outperform the S&P consistently over the next 10-15 years. Will be accomplished by finding a handful of multi-baggers and letting them run. Was lucky enough to find two in my first decade investing (BTC & ETH). Only need a few more to reach financial independence.
I will post the results quarterly and any changes in allocations. Starting portfolio will be portrayed as starting with 1M. Thought it would be fun to post publicly in case I get hot. Performance tracking starts with today being Day 1.
$BTC: $497,800
$ETH: $144,900
Cash: $100,800
$HIMS: $52,000
$CAVA: $35,300
$BLND: $34,700
$RSKD: $30,600
$NG: $28,400
$CRV: $25,200 (crypto)
$TMDX: $22,100
$PLCE: $15,800
$BTG: $12,600
Returns: 0.0% / $0
BTC - not for sale. I understand I am extremely overweight but I am comfortable holding for future performance.
ETH - may sell eventually
HIMS/CAVA/BLND - planning to hold at least for 2-3+ years to see if they catch on
NG/CRV/TMDX/PLCE/BTG - TBD
Looking to get more active on X so feel free to ask questions, give me a follow, etc. Open to opinions!
Ideas & conviction have been found off the backs of some on X. Shout out to the following for the ideas:
$BLND, $NG, $BTG - @beaniemaxi
$RSKD - @BoxLongs
$PLCE - @valuemaverick
$HIMS - @alc2022
$TMDX - @JonahLupton