The S&P 500 is now up 71% and has hit 88 all-time highs since Michael Burry said ‘Sell.’
Peter Mallouk
9,069 posts
Peter Mallouk
@PeterMallouk
I simplify Money, Motivation and Mindset | CEO, @CPIWealth | #1 Financial Advisor in America 3 Times | Bestselling Author | @Royals | @SportingKC
Joined March 2016
- The S&P 500 is up 47% since Michael Burry said ‘Sell’.
- Every bag in America trying to avoid getting on a Southwest flight
- The S&P 500 is up 57% and has hit 71 all-time highs since Michael Burry said ‘Sell.’
- The average US family health insurance premium has increased from $6,000 in 2000 to $21,000 in 2022. That’s a 249% increase, or 5.8% per year, more than double inflation. The biggest beneficiaries of this massive increase in costs: health insurance companies. UnitedHealth
- I’ve never shorted a stock in my entire life, but if I was ever going to, Palantir would be the one. 3 reasons: first the valuation is incomprehensible. Second, the company is evil. And third, Alex Karp may as well be the villain in a Batman movie.
- Replying to @profgallowayOr you can hang out with people you love and respect. Friends aren’t cars. I am a fan but this is a terrible take. I can’t imagine choosing friends based on how smart or successful they are.
- A great short speech on what matters. And what doesn’t.
- The best advice Warren Buffett gave at this weekend’s Berkshire conference had nothing to do with investing.
- Kevin O’Leary was against crypto until FTX came along and gave him 15 million in tokens to promote them. Now he’s lost what was given to him and is playing the victim. The real victims are the millions of people that fell for the fraud he promoted.
- Nvidia currently has only $26 billion in sales versus $208-525 billion for the Big 4 (Microsoft, Apple, Google and Amazon). Just how high are these expectations? Nvidia now trades at over 38x sales and over 200x earnings. We’ve never before seen a price to sales ratio that high
