Thursday, June 8, 2023
By Whitney Tilson
1) The front pages of today's Financial Times and Wall Street Journal feature two exceptional pieces of journalism that are likely to bring about important and much-needed changes. First, the FT has exposed one of London's best-known hedge fund managers as a serial sexual predator: How Crispin Odey evaded sexual assault allegations for decades. Excerpt: […]
Wednesday, June 7, 2023
By Herb Greenberg
The late Maya Angelou famously said, 'When someone shows you who they are, believe them the first time'... That goes for companies, too. That's why it comes as no surprise that the wheels seem to be coming off TuSimple (TSP), which during the "Everything Bubble" of recent had been the belle of the autonomous vehicle […]
Wednesday, June 7, 2023
By Whitney Tilson
1) My friend Julia La Roche interviewed my old friend Guy Spier of Aquamarine Capital late last month. In it, they covered the inauspicious start to his career (3:00), learning about Warren Buffett (6:13) and making his first pilgrimage to Omaha (9:47), how the lunch with Buffett was "transformational" (22:30), why he changed his mind […]
Tuesday, June 6, 2023
By Andrew Zatlin
Editor's note: Regular readers know our friend Andrew Zatlin is a top-ranked economist who uses proprietary hiring data to find profitable trading setups in the market. In today's essay, he covers the recent bloodbath in retail earnings and shares three important charts you won't see in the mainstream media... Retailers have had a rough go […]
Tuesday, June 6, 2023
By Whitney Tilson
1) I confidently predict that Elon Musk's takeover of Twitter will be a case study taught in business schools for decades to come... The question is, a case study of what? About how a company became so bloated that new management could cut 75% of its employees without a noticeable degradation of its service? And […]
Monday, June 5, 2023
By Herb Greenberg
I'm from the school of thought that 'every picture tells a story'... I wish I had included the charts and screenshots I'm about to show you in something I wrote last week on the mania surrounding artificial intelligence ("AI"). As is often the case, I didn't think about it until after that piece was published. […]
Monday, June 5, 2023
By Whitney Tilson
1) We've all been bombarded with stories about how artificial intelligence (AI) is "the next big thing," so of course every company is trying to tie itself to it to juice its stock... My friend and market veteran Doug Kass of Seabreeze Partners shares my skepticism that the run-ups on most AI-related stocks is warranted, […]
Saturday, June 3, 2023
By Keith Kaplan
Editor's note: Last month, our friends at TradeSmith unveiled a brand-new, artificial intelligence-powered stock-picking software. The response has been incredible. In today's essay, our friend and TradeSmith CEO Keith Kaplan talks about the hottest story on Wall Street today – and how to protect yourself from blowing up... Artificial intelligence ('AI') is the hottest story […]
Friday, June 2, 2023
By Mason Sexton
Editor's note: Today, we're sharing another insight from veteran market timer Mason Sexton. He got worldwide attention for his uncanny prediction of the 1987 stock market crash. As the Chicago Tribune wrote, he called that crash "practically down to the minute." And Timer Digest named him "Top 10 Timer" in 1987, 1988, 1989, 1990, 1992 […]
Friday, June 2, 2023
By Whitney Tilson
1) I refuse to use Twitter because it's always been filled with so many trolls and other garbage. But I have to admit there really is some great stuff on it, so my compromise is to have my analyst Kevin DeCamp follow it and send me only the good stuff. We've been working together for […]
Thursday, June 1, 2023
By Mason Sexton
Editor's note: In the 1980s, Mason Sexton became a star on Wall Street... In 1982, he predicted stocks would explode after having gone sideways for 14 years. He was right. And in 1987, he told people to short the stock market – 11 days before the crash. After Black Monday, everyone from CNN to Time […]
Thursday, June 1, 2023
By Whitney Tilson
1) It looks like the first part of my prediction about what the Fed will do the rest of this year is going to prove correct... Starting with not raising interest rates at its next meeting coming up in two weeks, based on this story from the front page of today's Wall Street Journal: Fed […]
