“And so the Fed's in a really tough situation. December hike odds jumped from 45% to 70%. Goldman dropped its cut call entirely.”
Stay heavy in cash as CPI hits 3-year high and December hike odds jump to 70%
“that is where all of the marketing spend is and will continue to be … these companies are like the best buy in the world because they're both producing AI…”
Long Facebook/Meta as marketing spend concentrates in the dominant ad platforms
“that is where all of the marketing spend is and will continue to be … these companies are like the best buy in the world because they're both producing AI…”
Long Google as the direct beneficiary of AI marketing spend, building data centers and AI
“Buying a vehicle, maybe Ferrari 599, that, you know, there are only a couple hundred of those in 5 years could massively outperform the NASDAQ because these…”
Scarce assets like Ferraris could outperform the Nasdaq as wealth concentrates at the top
“the plain old Chanel bag … used to cost €5,000”
Scarcity-led pricing power lets Hermès raise bag prices far above inflation every year, compounding earnings and equity.
“Maybe just being short Verizon is a good bet if Starlink becomes a thing. … I wouldn't want to be a legacy telco that can't serve rural areas right now.”
Short Verizon as Starlink eats legacy telcos that can't serve rural areas
“this is why, by the way, I'm bullish on Monero, I'm bullish on Zcash, I'm bullish on owning money. This is what people forget...”
Bullish on Monero and Zcash as privacy money to hide capital from government overreach
“this is why, by the way, I'm bullish on Monero, I'm bullish on Zcash, I'm bullish on owning money... if you need to hide your capital from what you...”
Bullish on Zcash as privacy money for hiding capital from seizure
“this world is probably not going to be reinvesting into index funds … they're probably going and actually buying scarce assets”
Scarce collectibles go parabolic as AI winners buy Ferraris and dinosaur bones over index funds
“I'm still convicted in uranium as a megatrend bull thesis”
Uranium is a 5-10x megatrend bull; rebid URA below 40 despite an ugly chart
“I want stable inflation-protected cash flows that are backed by megatrend theses … these pipeline flows are inflation linked”
Pipeline MLPs are lazy megatrend longs: inflation-linked cash flows, mega yields, AI power demand
“I'm a little more cash heavy than I'm used to right now. I've lightened up a lot on crypto at higher levels. I've lightened up even on the S&P and equities.”
Going cash-heavy across crypto and S&P, waiting for a 2018 or 2020 style crash to deploy