Feb 7, 2025 · The Greatest Wealth-Creation Machine of All-Time. How Nvidia Minted Thousands of Millionaires

Aug 5, 2024 · Blowing air on the flame, over the weekend we learned that Buffett dumped half of his Apple exposure. Alex Morris notes that Apple is still 30% of Berkshire’s equity portfolio at the end of the second quarter. But context aside, Apple was likely to fall on this report, dragging down mega-cap tech with it.

Jun 11, 2024 · This is not the 1990s stock market. From 1995-1999, 108 stocks in the S&P 500 doubled. 39 in 1999 alone.

Jan 31, 2025 · The Greatest Wealth-Creation Machine of All-Time. How Nvidia Minted Thousands of Millionaires

Jun 18, 2024 · The S&P 500 is up 15.5% year-to-date. The average stock in the index is up 6%. The median stock is up less than 5%. It’s a hard year to beat the index.

Jan 9, 2025 · I used to write a lot about the CAPE ratio. It was a big topic of debate for a few years back in the mid-to-late teens. For those who weren’t around or are unfamiliar with this, it stands for the Cyclically Adjusted Price-Earnings ratio, and it inflation adjusts the last ten years worth of earnings to smooth out the volatility of the business cycle.

Aug 20, 2024 · It turns out, with the benefit of hindsight, that the panic was overblown. The market gained it all back in four days, and now we’re just 1% from a new high for the S&P 500.

Jun 7, 2024 · In a new paper about concentration and what it means for the market, Michael Mauboussin and Dan Callahan showed that “the arithmetic average of the series of annual returns of the top stock relative to the S&P 500 from 1950 to 2023 was -1.9 percent.”

Apr 21, 2024 · Tim Ferriss is a writer, podcaster, and investor. We cover the power of staying curious and having meaningful conversations, the universal characteristics of world-class performers, and how to spot investing opportunities in new and uncrowded spaces.

Jan 2, 2024 · Monetary policy is tighter but below the level of real rates that led to prior recessions; corporate cash flow is still in good shape, unlike the cash flow deficits which preceded prior recessions; and the corporate sector termed out debt maturities before the rise in rates, partially immunizing itself from the interest spike that preceded prior recessions.