Latest

Crypto Breakout

ByteFolio Issue 86; 💡This issue covers Bitcoin (BTC), THORChain (RUNE), dYdX (DYDX), Celestia (TIA), and The Open Network (TON). Why are Bitcoin and crypto so strong? The quick answer is the outlook for lower rates, which has weakened the dollar, but there’s always more to it. We haven’t

Another Momentum Crash Is Coming

This feels like one of those moments when the stockmarket is about to soar. I don’t mean the index necessarily, but the cheap stuff that is all around us. When I look at popular large caps, I find them terrifying and struggle to see why anyone would own them.

ByteTree BOLD Index

Monthly Rebalancing Report; The BOLD Index has recently made an all-time high. Following rebalancing on 30th November 2023, the new weights for the BOLD Index are 25.3% Bitcoin and 74.7% Gold. The Vinter ByteTree BOLD1 Index (BOLD) invests in Bitcoin and Gold. BOLD combines the world’s two

2023: A Challenging Year for Binance

Token Takeaway: BNB; Binance was confronted with a cascade of challenges in 2023. As the year draws to a close, November further exacerbated the situation for the exchange following the multi-billion-dollar federal fine in the US and CZ’s resignation as CEO. Despite maintaining its position as the world's largest

Venture: Mid-Cap Bank

A cheap British bank.

Munger’s Silver Trade

Atlas Pulse Gold Report, Issue 88; Berkshire sold their silver hoard at a modest profit and later regretted the trade, probably because it went against their ideology to “never bet against America” and their establishment credentials. The critics would say they were happy to punt silver when Berkshire Hathaway was

Last Hurrah

Stock markets are following the expected seasonal pattern, experiencing a correction between Spring and Autumn and a rally since the end of October. The US equity market has exited correction territory, driven by falling bond yields and a perceived peak in Fed rates. Investors have regained their risk appetite and

Venture: Mid-Cap Engineering

Issue 11; An undervalued good company.

Healthcare and Discounted Private Equity

Trades in Soda and Whisky; Last week, I touched on contrarian quality. To remind you, Quality stocks have resilient earnings and cash flow, in contrast to cyclical stocks (commodities and industry) that do not. We have no idea what an oil company’s profits will look like in the future,

Diversification in Crypto

Our breadth charts confirm it is alt season. 71% of tokens are on non-0-star ByteTrend scores in BTC and 95% in USD, meaning most tokens are in uptrends, and only a few are dying compared to BTC. Better still, the breadth in Bitcoin is rising, with over half of the

Gold, Silver, Miners, or BOLD?

Gold is on the verge of an all-time high, and it’s about time too. Robin Griffiths, who writes the AAA Report for ByteTree, which will be published on Wednesday, reminded me last week that there are tops, double tops and triple tops, but you never see quadruple tops because

Contrarian Quality

Last week, I highlighted the Quality comeback. The downward pressure on interest rate sensitive investments would ease, and opportunities would arise. In recent issues, I have added low-priced equity exposure via investment trusts and investment companies in Soda, and low-priced quality companies in Whisky. The regime shift in the Money

Argentinian Victory for Bitcoin as El Peluca Wins

💡This issue covers Bitcoin (BTC), Thorchain (RUNE), Binance (BNB), Cosmos (ATOM), and Avalanche (AVAX). In Argentina, with 56% of the vote, the nation chose the “radical*” libertarian economist and TV presenter Javier Milei to be their new president. I heard that his support has come from the young, who have

Regime Change

On Tuesday, the US reported inflation at 3.2%, down from 3.7% last month. Then, on Wednesday, the UK reported 4.6%, down from 6.7%. The markets were ecstatic because it increased the chances that interest rates have peaked. Rates cuts are now priced in for next year.