Category: OWTW

OWTW
CapEx Team

$2,000 Coat Rack – OWTW

The meltdown in popular growth/tech stocks continues. As you probably know, the ARK Innovation ETF — the barometer of the “growth” movement — got slashed in half in recent months. But the pain doesn’t end there. One of the best examples of the tech craze must be Peloton, the firm

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OWTW
CapEx Team

Don’t Write Off Gold Just Yet – OWTW

  R.I.P. OIL? The reports of my death have been greatly exaggerated. To riff off of this popular quote, reports about the (imminent) “death” of oil in the mainstream press have been greatly exaggerated, too. For a few years now, we were among the few contrarian voices saying the coming bull

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OWTW
CapEx Team

Like Saudi Arabia Banning Oil Exports – OWTW

  IT DIDN’T TAKE LONG It was just last week when we commented on the social unrest over in Kazakhstan and said that Russia wouldn’t be the only major player to jump into the fray: China just spent nearly $28 billion securing those commodities (mostly oil and gas but also uranium)

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OWTW
CapEx Team

Back to the Dark Ages – OWTW

  CRAZY OR…? As you probably know, things have been a little shaky over in the “growth” world recently. So much so that ARK’s Cathie Wood — the poster child of the “growth” wave — suggested these stocks were now deep value (yes, really!). But fear not! According to Wood, they

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OWTW
CapEx Team

Santa: A Drug Dealer and Terrorist?! – OWTW

This week we’re swapping the stock charts on our screens for endless reruns of Home Alone, Grinch, and Die Hard with our families. That’s why we’re dusting off an old Christmas post Chris wrote back in 2010 (gosh, has it really been 11 years?!). It’s a deep dive into Santa’s

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Santa Klaus Sticker
OWTW
CapEx Team

Beware the Hype – OWTW

The below list (h/t to @silverguru22) caught our attention this week. It shows the performance — or rather underperformance — of the stocks CNBC host Jim Cramer urged the unsuspecting rubes investors to buy earlier this year. Most of these stocks were high-flying “growth” names completely disconnected from fundamentals. Not that that

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OWTW
CapEx Team

Ghosts of the Dot-Com Bubble – OWTW

Our friend Tim Staermose shared this chart in the Hedgie Watercooler Telegram group (click here to get free access to the group). After mimicking the Nasdaq during the dot-com boom, Cathie Wood’s ARK Innovation ETF (ARKK) — the poster child of the current growth wave — seems to be also following

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OWTW
CapEx Team

Time to Retire? OWTW

High up in their ivory towers, the pointy shoes just realized what most of us have known for some time — high inflation is not as transitory as they have spent months convincing us. Quite a 180 from earlier this year: Federal Reserve Chairman Jerome Powell said prices would rise this

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