CPI of 3.7% was above expectations of 3.6% and above last month’s 3.4%. The monthly change was 0.6% driven by fuel and shelter (again). The monthly increase was in line with expectations and annualizes to 7.4%. Core CPI of 2.6% was above estimates of 2.5% and above last month’s 2.4%. The monthly change of … Read more
I’m heading to Buenos Aires this week followed by a few days in Florence, Italy, and will spend November in Japan. I’m open to a small number of in-person conversations. If you’re based locally, or know someone in those locations you think it would be worthwhile for me to meet, feel free to reach out … Read more
Silvia (formerly ProCap Financial) announced today they’ve bought back an additional 5% of the shares outstanding. Total repurchases so far have totaled 20%. I’ve updated my NAV model. Based on pre-market trading, the stock is priced at 100% of NAV. Said another way, when you buy $SVIA, you are buying Bitcoin at the current market … Read more
On back to back to back research calls so I need to make this quick. Covered the $INTC Dec $140 short call position. We put those on 2 weeks ago at $11.85. Profit of 128% in two weeks. Sold $TLN. Stock is up huge on news of a big Google power deal with Constellation. Original … Read more
I’m currently in Florida, Uruguay and heading back to Montevideo soon. After that, I’ll have a week in Buenos Aires, a week in Florence, and will spend November in Japan. I’m open to a small number of in-person conversations. If you’re based locally, or know someone in those locations you think it would be worthwhile … Read more
I arrived in Montevideo, Uruguay a week ago. After that, I’ll have a week in Buenos Aires, a week in Florence, and will spend November in Japan. I’m open to a small number of in-person conversations. If you’re based locally, or know someone in those locations you think it would be worthwhile for me to … Read more
Next Wednesday, September 30th, 2026 at 12pm, I’ll be speaking at the Manhattan Alternative Investment Network. Here’s the agenda. Is Bitcoin a currency? Join the Manhattan Alternative Investment Network for a virtual conversation where Gary Brode, managing partner at Deep Knowledge Investing, will discuss whether Bitcoin should be considered a currency, and the implications that … Read more
