Independent thinking for complex markets and current events
Shiller CAPE ratio sits at 38-41, second only to the 2000 dot-com peak while Berkshire Hathaway underperforms the S&P 500 by the exact margin it did heading into the 2008 GFC. Buffett sits on a record $380 billion cash pile, selling into strength as the rest chase AI mania like 1999 tech. I think this …
Funds still underwater after 2016 bets, private equity risk eclipses public markets… – Yale is withdrawing $6 billion from private equity. But according to them, there's nothing to read into that, so they claim. – Private equity continues to underperform publicly listed equities across every major time horizon: one year, three years, five years, …
NVDA’s stock price experienced significant declines following its earnings Day 1: NVDA’s stock price declined by 2% ahead of its earnings report, likely due to caution and uncertainty among investors. Day 2: Despite reporting good earnings, NVDA’s stock price dropped by 6.38%. Day 3: The market rallied, with semi-conductor peers rising 5-10%, while NVDA’s stock …
Oh, big surprise! Zero students proficient in reading and math at the Chicago Teachers Union’s poster child school? Talk about setting the bar low! But hey, why aim for excellence when you can aim for mediocrity, right? And now they want 180 more of these “sustainable community schools” that consistently underperform? Wow, what a brilliant …