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He Worked at the Fed and Bear Stearns. He Just Sold Every AI Stock He Owned

NowPress play to follow along0:00 / 7:12
Chapters5 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Financials and Metals Exposure

  • Trading stocks mostly
  • ETFs for metals
  • Own mining names
  • Non-bank financials
1:46lesson

Bond Market Tightening

  • Spreads tight due to asset competition
  • Private loans showing panic
  • Slow motion train wreck in private credit
3:36lesson

Tech Rally and AI Stocks

  • Bought MX and Schwab during sell-off
  • AMD and other names up 10x
  • Micron stock surged 10x
  • Bubble in AI stocks
5:22lesson

Schwab and Financials Rotation

  • Schwab underpriced at 3.5x book
  • Double-digit growth
  • Bank control improved
  • Silicon Valley Bank reputational issues
7:08lesson

Credit Data and Mortgage Markets

  • Consumer credit data is the problem
  • Need three models due to data issues
  • Guild Mortgage interview highlights
  • Data providers needed from three sources

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