To The Moon

Yesterday Biden expressed confidence that he would show results in fighting inflation. I thought CPI had to fall to the 5.xx%. As a result, CPI in February was unchanged as expected at 6.0 percent and core was also unchanged at 5.5 percent. Month-on-month, it was slightly higher, at 0.5%.There is a long way to go in the fight against inflation, and a quarter-point rise cannot be missed.$Financial Select Sector SPDR Fund(XLF)$ Source of titleclosed $XLF 20230616 32.0 PUT$ $XLF 20230616 32.0 PUT$ roll $XLF 20230616 28.0 PUT$

In the past two weeks, some changes in the macro world have exerted a strong influence on the price changes of crude oil market. It is embodied in two things. First, the Federal Reserve issued a strong hawkish police; Second, Silicon Valley Bank (SVB) declared bankruptcy.On March 6th, the Federal Reserve said that it underestimated the intractability of inflation, and the crude oil market turned around and fell, changing the upward direction of prices brought about by the hope of domestic economic recovery. The next day, Silicon Valley Bank (SVB), the largest venture capital bank in the United States, experienced a run on the market, and the crude oil market continued to fall. On March 10th, the federal government took over Silicon Valley Bank, and the downward trend of crude oil price tem

The future growth of every company is uncertain. That’s why it’s important to consider:- historic growth- return on capital and capital allocation- margins and pricing power- competitive advantages- potential for more products and entering new marketsCompounders often look expensive, but history demonstrates they are often actually undervalued.This table shows the relationship between growth and multiplesIn short, a PE ratio of 50 requires a 20% earnings growth over 5 years to turn that forward multiple from 50 -> 20.https://twitter.com/long_equity/status/1616366298513932288