Netflix: It’s a b**ch – OWTW

“It’s a b**ch.” That’s how Netflix CEO Reed Hastings reportedly commented on the turn of faith for one of the growth darlings. We imagine Bill Ackman had similar things to say. Thankfully, he quickly came to his senses and walked away — $400 million lighter, but he did manage to walk away.

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THANK YOU, NATO

The reason to consider Turkey is because, as we move into a time of increased uncertainty, and with the power vacuum left by the United States, I believe Turkey will once again become a key player. Not many Westerners seem to consider Turkey, which I find odd given its geographical

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ANGLOS: GO WOKE, GO BROKE!

Remember last year when Anglos got rid of their thermal coal assets in South Africa, doing the “woke politically correct” thing. Well, what another brilliant wealth-creating exercise. Look at what has happened to the coal “assets” (more like liabilities in Anglo’s eyes): Oh, my gracious! Look at the valuations and

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GERMAN FOOD PRICES RISE 20-50%

Isn’t it weird how all of a sudden hell breaks loose on the inflationary front. Inflation in Germany is more or less the highest in at least a couple of generations. Ah, blame it on the Russians. While inflation may be at the highest in a few generations, bond yields

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EU TO BLOCK RUSSIAN COAL

So the EU, already in the middle of the worst energy crisis since the Arab oil crisis and likely worse, is now pushing to eliminate imports of Russian coal. Just so you understand the importance of Russian coal to Europe… Some 70% of Europe’s thermal coal comes from Russia. Coal accounts

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Central bank hubris bubble: finally bursting? – OWTW

🤔 WHAT TO DO? With bonds cracking this year… We wanted to share some thoughts around a question we got from a client the other day. It went something like this: I’ve got this money sitting with XYZ, and it’s basically in a 60/40 equity-bond split. I’m down a lot

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FOOD

German retailer Aldi Nord to raise prices by 20-50% on Monday German retailer Aldi Nord will raise its prices by an average of 20-50% due to an increase in production costs, local media reported on Sunday. From Monday onwards, meat, sausage products, and butter will be “significantly more expensive,” a

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UKRAINE PLAY?

I received a query from a subscriber as per below: Trade idea: After the war in Ukraine subsides, we’ll likely see a huge injection of capital to rebuild the bombed cities. Is there a micro play here on a few larger Ukrainian construction / raw materials / home builders that

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