Tom Watts, CFA, CAIA, CFP

When I'm not investing to generate ethical returns, you can find me biking, skiing and traveling. #familyoffice #investment #realestate #crypto

[Boring_Business @BoringBiz_]

Apollo just released a 48 page report on their outlook for public and private markets

Few charts that caught my eye

1/ Marine fuel price at major hubs have seen a massive shock due to recent geopolitical conflict

[Tom Watts, CFA, CAIA, CFP @towatts]

@heyshrutimishra Great. But it has a knowledge cut off. So it can’t incorporate data that is timely. It won’t be helpful doing comps.

[Felix Prehn 🐶 @felixprehn]

Just created a complete analysis of AI infrastructure opportunities covering chip manufacturers, power companies and system integrators.

I shared this analysis with my 20,000+ students.

For 24 hours, it's yours for FREE.

Like, RT & Comment "AI" and I'll DM it to you.

[Tom Watts, CFA, CAIA, CFP @towatts]

@felixprehn AI

[Quant Science @quantscience_]

The secret of hedge funds is revealed in a 41-page PDF:

This paper analyzed 464 stocks that 10X-ed over a 24-year period.

Here are the best factors that drive outperformance: (number 3 is the best 🧵)

[StockMarket.News @_Investinq]

One of the best investing clips you’ll ever watch.

Seth Klarman, the value investing legend behind Baupost.

He almost never does interviews but he did this one.

Save this, I promise you’ll come back to it.

[The Long Investor @TheLongInvest]

I prefer to be aligned with

- Buffett
- Druckenmiller
- Paul Tudor Jones
- Tepper
- Dalio

Think and behave like the experts

They have battled through the decades

And do not stick their head in the sand

They prepare and are telling you how to prepare

[Mohamed A. El-Erian @elerianm]

FYI: My latest "Weekly Look at the Global Economy and Markets:"

https://t.co/MbdvWuvt5b

https://t.co/XVuKf6Ytta

#economy #markets #jobs #Inflation #federalreserve #China #UK #Europe #AI #investing #investors

[Tom Watts, CFA, CAIA, CFP @towatts]

@elonmusk @CathieDWood Thomas Edison was known as a terrible person, although he commercialized a number of technologies.

[Tom Watts, CFA, CAIA, CFP @towatts]

@elonmusknews30 Yes

[Tom Watts, CFA, CAIA, CFP @towatts]

@Mr_Derivatives Agree

[Jurrien Timmer @TimmerFidelity]

What is catching my eye is that while sentiment is leaning bullish among retail investors and Wall Streeters, corporate insiders are selling at the highest level since 2000. The chart below shows the Vicker’s Insider Sell/Buy index. Typically, this index only produces meaningful signals at market lows when CEOs and the like buy their company stocks at depressed levels. They have all kinds of reasons to sell shares, including for compensation, so there is usually little signal there. That may well be the case today, but given the conversation about valuation and bubbles and loft earnings goals, the current 25:1 sell/buy ratio is something that gives me pause.

[Tom Watts, CFA, CAIA, CFP @towatts]

@ddiamond @AnnieLinskey @jdawsey1 @_willparker_ The team left out the upgrade of the PEOC bunker under the ballroom, which was reported on NPR. Some view the ballroom as a headfake for PEOC changes, and the donations as linked to PEOC.

[Tom Watts, CFA, CAIA, CFP @towatts]

@jdawsey1 Thanks for your article on the new ballroom at the White House. The Presidential Emergency Operations Center (PEOC) is under the ballroom site. Officials have stated that a renovation and security upgrade is included in the plans. Why exclude that from the article?

[James Chanos @RealJimChanos]

The arrogance of today’s retail investor base when it comes to information they dismiss or opinions they disagree with, due primarily to stock price performance, is hitting ATH’s every day now.

[James Chanos @RealJimChanos]

So almost 100% of the current US Savings Rate ($1.3T) is retail investors buying equities.

[Fiat Archive @fiatarchive]

Short seller Jim Chanos announced he was shorting Microstrategy and buying Bitcoin on May 15th.

Since then:
$MSTR: -22.2%
$BTC: +4%

[Barchart @Barchart]

U.S. Stock Market hits most expensive valuation in history, surpassing the Dot Com Bubble and the run-up to the Great Depression 🤯

[Daily Chartbook @dailychartbook]

"In the past four business cycles, a move above one standard deviation has preceded equity market corrections."

@joebrusuelas

[Financelot @FinanceLancelot]

The Dow Jones to Gold Ratio is about to cross a level only seen 4 times in history.

2008, 1973 and 1929