Won't lie—we're hoping for a market correction.
Getting to buy amazing companies at a discount, just because the market's panicking, not because they're bad? That's like striking gold.
But you have to be ready to move.
We're holding our positions until Aug/Sept, the
Market makers never miss a chance to squeeze out more.
CPI landing as expected definitely takes some heat off.
If PPI follows tomorrow, I think we’ll see a rebound.
⏳️ 2026 is starting to feel a lot like 1929.
Not because of one chart, but because speculation is everywhere instead of fundamentals.
• Gains are super narrow
• AI prices assume everything goes perfectly
• Retail is back chasing hot trends
• Passive money buys no
CPI today 📉
PPI tomorrow 📊
SpaceX IPO on Friday 🚀
Warsh’s first rate decision next week 🏦
OpenAI & Anthropic IPOs coming next 🤖
Earnings season starts mid-July 📈
Lots of big macro stuff hitting the market right now.
Still think it’ll hold up until earnin
Bill Ackman just went through how he’d underwrite a SpaceX investment using that classic Harvard venture framework.
People, Opportunity, Context, Deal.
Three of four were already clear:
People: "SpaceX is 1 of 1."
Opportunity: "1 of 1."
Context: "Incredible.
Global central banks bought +17 tonnes of gold in April—the second monthly purchase this year. A big shift from March, when Turkey and Russia led a -30 tonne sell-off.
Poland bought +14 tonnes, bringing their year-to-date total to +45 tonnes and reserves to 595 tonnes.
Ch