Finance Social Media and Updates
Finance Social Media and Updates
Finance Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Block’s Credit Score Play: Can Cash App Score Replace FICO? Block announced it’s selling its Cash App Score to third-party lenders. It could be one of the more interesting data-as-a-service businesses in fintech right now. New Fintech Snark Tank post: https://t.co/tItfZdy7IT
To be clear, the fund being referenced is *not* an interval fund, it is a BDC. This may seem like splitting hairs because they are both lumped together as evergreen/semi-liquid fund structures, but there are important distinctions - much in the...
Is your MRR a mystery? Many companies I help struggle with revenue accuracy. Are one-time services muddying your recurring revenue? Co-mingled revenue streams aren't just confusing; they're a "big SaaS sin" impacting valuation and strategic planning and metrics. Clean up...
There are two reasons why buybacks are falling and likely to fall more 1. CApex as a use of FCF is deemed more important than share count reduction or SBC dilution offset 2. To the extent stocks fade the ESO awards provided...
I will be joining @CNBC's @michaelsantoli this afternoon at 430p ET for a discussion of the credit markets--including, yes, private credit. Snip from our Outlook 2026. https://t.co/u8NP4oAYoL https://t.co/umYLiLDzTY
Your CFO wants more efficiency. Your CMO wants more volume. They're both right. And both wrong. The real question isn't "what should our target be?" It's "where are we at on our marginal frontier?" Spending power = the amount you can increase spend before...
Great to be back on with @MariaBartiromo discussing Ripple’s banner year and accelerating momentum as we start 2026. Already, we are actively seeing Boards and CEOs pushing their CFOs and treasurers to understand how they can leverage and benefit from...
Freddie Mac Chief Economist Sam Khater: “Mortgage rates dropped again this week, now down to their lowest level since September of 2022.” The 30-year fixed averaged 6.01% this week, down from 6.09% last week. Meanwhile, pending home sales are DOWN after existing...
I wrote a short opinion piece in response to the idea that Buffett has been wrong about gold and Bitcoin. Buffett's core argument is that you should build a portfolio around "productive" cash flow generating assets. Don't buy land and...
He made $4B for his old firm and $900M for himself. Then sued to break a noncompete—and launched a hedge fund that gained 20% in year one.
$LSBK has performed well over the 6 months since Stillwell filed a 13D (+22%) Stillwell (owns ~10%) is making his next move: nominating a director for the 2026 AGM and pushing for buybacks while the stock trades below TBV. He also warned...
Finian O'Shea of Wells Fargo just asked this question on this morning's $OBDC conference call and mgmt confirmed nothing behind the scenes, no bonus economics or shenanigans behind the $1.4bn private credit loan sale at par value to 4 institutional...
Is Malaysia about to witness a construction monopoly? A "too big to fail" monopoly. 🏗️ The proposed Sunway-IJM merger is under fire for its potential to stifle competition and inflate costs. Here is the 5-point TL;DR on why this deal needs a rethink. 🧵👇
Today, @TheStablecon and @Artemis drop "The State of Stables," our quarterly report on the trends driving the fast-moving stablecoin ecosystem. It’s impossible to know today what the legacy of stablecoins will be. Entrepreneurs have barely begun to challenge the dominant paradigms in...
One positive aspect of the evolution of this market cycle has been how the market has become less reliant on multiple expansion. Earnings and dividends now comprise almost half of the cumulative gains since October 2022, with the P/E expansion...
I Love and Endorse the Bipartisan 3 % of GDP Budget Deficit Solution In the House of Representatives there is now a bipartisan bill in the works to enact, and a growing agreement that we need, a 3% cap on the budget...
Francois Rochon on being fully invested "If we continue to find companies that we believe can do five percentage points better than that on an annualized basis over many years, why would we hold cash?"
📊 "Person A has $125K which has been sitting comfortably in a bank account for 5 years now. Person B had $3M, but this is now reduced to $1.5M due to market volatility and taking risks in the market. Both started with...
📊 If you are a beginner and want to learn the key Sector ETFs to track. Below is a good starting point. Here is the full suite of SPDR S&P 500 Sector ETFs from State Street: $XLK – Technology $XLC – Communication Services $XLY...
📺 STOP WAITING FOR THE BREAKOUT, TRADE THE RANGE FOR NOW Get today's newsletter: https://t.co/Rqp84Wg39F My core message to everyone today: stop expecting big follow-through and start trading the range that’s actually in front of you. That’s the environment right now: quick pushes,...
The volume of retail-focused private credit funds has ballooned over the last few years, and is expected to grow to trillions of dollars of assets in that next few years. This points to why this could challenge the broader industry:...
FPIs have finally started some buying, it looks like - in equity, they've added about 14,000 cr. in Feb this far: https://t.co/6Ag6kWbKnh
Bitcoin Won Over Wall Street and Now It’s Paying the Price Wall Street may invest in BTC but that doesn't mean they are "hodlers" with the same religious zeal shown by many who profess to "never sell." -Bitcoin's price has...
A $2 billion quantitative hedge fund that recently added “Alpha” to its name, is calling it quits after three consecutive years of losses and roughly 25-year run https://t.co/69PJrwEni7
🚨 INSIGHT Altcoin volume has fallen by half as capital rotates back into Bitcoin, echoing past corrective phases. https://t.co/K2gnfiMzSh
Ireland’s corporation tax receipts have become increasingly concentrated with just three multinational companies accounting for almost half of all of the revenue stream in 2024, watchdog warns https://t.co/of9w2dPPpV via @livfletcher_ https://t.co/iNNIyP8iwQ
1.6% is a statistical illusion for the urban middle class While headline inflation is stable, the "unprotected" service sector is aggressive: Personal Care & Misc. → 6.6% Education → 3.2% Cause→Effect: Subsidized fuel (-0.7%) masks the reality of rising service labor costs. If you...
Tencent's free cash flow last quarter was US$13B, so the amount they invested in Wildlight is (probably) minuscule for them. They and competitor Netease are in plenty of other deals that are not made public, both in the West...
With credit spreads low and profit margins seemingly on the rise, valuations seem OK at current levels. These two variables are important drivers for the equity risk premium, which is currently at 4.0% according to my version of the DCF...
I have mentioned this chart a few times in the past, but it does really go to show just how extreme things got the last few years. The chart is SPX/(UNRATE^2)*USIRYY*USINTR Unravelling things after extreme euphoria is never an easy process. As things...
If #Bitcoin closes this week below the 99smma it would be the first time since 2023. 😱 Will buyers step in or will we finally close below?? https://t.co/1XkBztY0Jt
It was great to join @alxlowen and Dale Gillham of @Wealthwithin in the studio in Melbourne recently to discuss Senjin Capital’s Japan-focused deep value shareholder activist investment strategy for the The ALx Report and Talking Wealth. Dale brings a wealth...
BLUE OWL PERMANENTLY HALTS REDEMPTIONS AT PRIVATE CREDIT FUND AIMED AT RETAIL INVESTORS — FT Being long scarcity might lead to illiquidity, but being long illiquidity doesn’t necessarily mean you’re long scarcity You’re long exit liquidity
Blue Owl is permanently halting redemptions at its inaugural non traded private credit fund for retail investors as part of a plan to instead sell down assets over time. With @EricGPlatt https://t.co/GmiIAdaLVK
Month-to-date SPAC statistics: IPOs: 21 Definitive agreements: 1 As Jerry Seinfeld said, "That's not gonna be good for anybody."
This thing does not look well (SVIX on 15 minutes). Do your own work. https://t.co/81j1h6AyOe
Here's ETF flows for the first six weeks of the year historically. This year is off to the best start almost by double. One reason is growing depth of cash vacuum cleaners. VOO, SPYM hoovering as always but there's already...
A note re: $OPEN and $Lennar --- if you back it out, Lennar held 18.5M shares of Opendoor at end of its Q3. The 13F likely indicates either they had some anti-dilution protections or participated in debt-for-equity swap, and that’s why...
Great reminder futures rolls (H25 to M26) are upon us. Bottomline March 2y futs should be heavy. Roll is nasty at -4.5 which should add to the flattening pressure along with front-end auctions next week.
It’s official: The current world order has broken down. In my parlance, we are in the Stage 6 part of the Big Cycle in which there is great disorder arising from being in a period in which there are no rules,...
With 13Fs for Q4 out, retweeting this AI workflow (which I quite like). I will be building a stack of a couple dozen funds I follow to get a quick look at their portfolios: new additions, size ups/downs and portfolio...
One more tweet as I've been procrastinating this am. This short exchange actually captures a lot of how I think about a portfolio when you roll it up to a high level. Trading your little edges but the portfolio wants...
The volatility on #Bitcoin is the lowest it has been since the crash. That means; there's a big move on the horizon. If we dip, I'll be a big buyer, for sure. If we go back upwards, I'll start taking...
New York City faces a fiscal crisis –– a $5.4B budget deficit. Mayor Mamdani’s plan: tax the most profitable corporations or INCREASE PROPERTY TAXES FOR THE FIRST TIME IN DECADES. MAMDANI’S PLAN = A PLAN TO KILL NEW YORK’S ECONOMY. https://t.co/HKJXzJh4Cu
Using a 40% vol for TSLA, the stock dropping to $365 by March expiry is about a 1 st dev move. If normal distrubution the fair odds for that are 5-1. The 370-365 ps offers 5.7-1 It's not a rec...
At the current market cap, Topicus is effectively a “2015-vintage” version of Constellation Software $CSU $TOI $TOI.V
Periods of high return dispersion are an opportunity for investors. As return performance gaps widen and valuation spreads develop, the ability to quantify the current rotation regime and anticipate the next one can deliver outperformance relative to...
The reason this is important (even though it’s only a few stocks) is that the Mag 7 is so big that if they should fall they could well take the S&P 500 (cap-weighted) index with it. History shows (below) that...
Largest merger arbitrage books (by 13-F*) Pentwater: $10.6 billion HBK: $8.1 billion Millennium: $7.8 billion Balyasny: $5.3 billion Fidelity: $4.4 billion Citadel: $2.9 billion Qube: $2.7 billion AQR: $2.4 billion Glazer: $2.3 billion Magnetar: $2.1 billion h/t Cantor
.@Cloudflare crushes analysts’ expectations on revenue and its stock soars in late trading https://t.co/RRvAoDmATi @SiliconANGLE @Mike_Wheatley “If those three metrics are moving together, it often points to enterprise commitment velocity improving…” - @Chirag_Mehta @constellationr
