Venture: USA Software
The idea was that software would be disrupted by AI. We believe that view was overdone, and now the market agrees.
Latest
Resilience Is Bullish
Bitcoin has held up in a tough macro environment with high real rates and a rising dollar. Resilience is bullish.
The Boring Stocks Are Back
My favourite momentum chart has seen its “jaws” close. That means the past winners have fallen, while the past losers have rallied.
Venture: European Chemicals
Following this trade, the ByteTree Venture Portfolio will be invested across 31 different companies and commodities. This latest chemical stock will fit into industrials, where we already have 9% invested.
Slow and Steady
175,000 words in nine months. That’s what building the ByteTree Quality portfolio has required - and that wasn’t
Gold Super Bull Resumes
The recent price action of the gold super bull thesis has gotten me very excited about this issue. Gold measured in the long bond has turned the corner.