The biggest flex in life is literally just not having to work
Nobody really cares how big your house is, what watch you wear, or what kind of car you drive
Nothing makes people more jealous than someone with a mysterious source of income who lives life on their own terms
If we can’t embrace & laugh at Mr. Market’s craziness.
If we can’t find humor during times like these.
The investing journey is going to be longer, harder & more frustrating.
Acting impulsively will become more likely.
Great companies getting cheaper because investors have decided every software business is now suddenly dead at the same time?
That’s not rational. That’s ridiculous.
We laugh at ridiculous things. And we carefully contemplate how to take advantage.
$LQDA just a reminder to all those who are nervous - TPIP Phase 2 results reported today are for PAH - NOT PH-ILD - which we all know is LQDA's golden goose.
As opposed to today's PAH results, results from the TPIP Phase 2 study with PH-ILD did NOT have good results - with a negative(!) (-4) 6MWT result. It passed safety, so INSM is moving towards a Ph3 test, but the results in ILD were not good.
The 60/40 portfolio is dead.
Persistent inflation and rising market volatility have made the old "set-it-and-forget-it" portfolio strategy obsolete. The market has changed—higher rates, higher inflation, and bigger risks demand a dynamic, risk-managed approach.
🚨 Reality check: In 2022, both stocks (-19%) and bonds (-22%) dropped—exposing the flaws of the 60/40 strategy. It took over two years just to break even.
Think of it like following an old, coffee-stained roadmap in a city that's completely changed. New roads, unexpected detours, traffic patterns—if you stick to the old roadmap, you’re going to get lost.
There’s a #BetterWay. Hedgeye’s unique investing process is like having a real-time GPS—helping you navigate today’s markets with confidence and precision.
That’s why I wrote "Master The Market: A Hedge Fund Manager's Guide to Process and Profit"—sharing my 24 years of experience for FREE.
It will give you a solid understanding into how I approach risk-managing the markets.
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Let's go.