Foreign ownership of US assets has never been higher:
Global holdings of US financial assets jumped +13.6% YoY in Q3 2025, to a record $64.1 trillion.
Holdings have DOUBLED since 2018, and have grown at a +9.3% compounded annual growth rate (CAGR) since 2015.
At the same time, the US net international investment position fell -11.2% YoY, to a record -$27.6 trillion in Q3 2025.
This means foreigners hold $27.6 trillion more in US assets than Americans hold overseas.
Meanwhile, in 2025, purchases of US stocks by investors from overseas surged +134% YoY, to $720.1 billion.
US assets have never been in higher demand than now.
A Classic Study you can no longer commission.
1992 Porsche 911 Reimagined by Singer.
Palm Beach Commission, completed March 2022.
Bahama Yellow. 4.0 liter hand-built flat six. Six-speed. Öhlins. Brembo.
Just 710 miles since reimagining.
Original specification totaled $587,200.
Singer’s Classic Services order books are now closed.
Finite supply. Enduring demand. Register to bid at https://t.co/GaP93XSH9e #RMMiami
#RMSothebys #ModaMiami #Singer
RM Sotheby’s Miami auction is presented by CollectionSuites.
One way to win is by staying in the game for longer.
People quit at a whim or lose themselves when things don't go their way.
Life Hack:
When you get knocked down (and you will countless times), you must learn to dust yourself off and get back to equilibrium quicker.
Beklenen an geldi!
Ofis Agency'nin 2026 yılı beklentileri ve 2025 yılı özeti olan "Beşinci Çeyrek" yıllık finans dergisi yayında!
Derginin tamamı için 👇🏻👇🏻👇🏻
"Do the best with what you've got and ignore everything else. That's why race horses use blinders: You look at the horse next to you, you lose a step." – Jimmy Iovine
Current situation:
1. Stocks = Record high
2. Gold = Record high
3. Silver = Record high
4. Home Prices = Record high
5. Copper = Record high
6. Platinum = Record high
7. Money Market Funds = Record high
8. US Debt = Record high
9. Deficit Spending = Record high
10. Household Debt = Record high
When everything hits a record high at the same exact time, it's not a coincidence.
Fiat currencies are depreciating.
Nvidia breached the $5 trillion market cap a few weeks ago, and even after giving back a chunk, it is one of a dozen companies with market caps exceeding a trillion. Overpriced stocks or Business marvels? https://t.co/rWVLPWuXJR
It is a great paradox that individually we are simultaneously everything and nothing. Through our own eyes, we are everything--e.g., when we die, the whole world disappears. So to most people (and to other species) dying is the worst thing possible, and it is of paramount importance that we have the best life possible. However, when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one of us is only one of about seven billion of our species alive today and that our species is only one of about ten million species on our planet. Earth is just one of about 100 billion planets in our galaxy, which is just one of about two trillion galaxies in the universe. And our lifetimes are only about 1/3,000 of humanity's existence, which itself is only 1/20,000 of the Earth's existence. In other words, we are unbelievably tiny and short-lived and no matter what we accomplish, our impact will be insignificant. At the same time, we instinctually want to matter and to evolve, and we can matter a tiny bit--and it's all those tiny bits that add up to drive the evolution of the universe.
The question is how we matter and evolve. #principleoftheday