The hottest Investing Substack posts right now

And their main takeaways
Category
Top Finance Topics

Understanding ETFs

DeFi Education • 519 implied HN points • 01 Nov 23
💰 Finance Investing
  1. ETFs are investment funds that hold a collection of assets and are traded like stocks. They aim to track the performance of an index or asset class.
  2. Creating your own ETF is complicated and needs approval from regulators. It’s not as easy as just launching a product; there's a lot of scrutiny involved.
  3. ETFs have a unique process for buying and selling called creation and redemption. This helps keep their price in line with the value of the assets they hold.

Safary Hack, Paid Post Explains How to Avoid the Losses...

DeFi Education • 439 implied HN points • 29 Nov 23
🔮 Crypto Investing
  1. Check your DeFi transactions carefully before approving them to avoid losing funds. Malicious attacks can trick you into giving away your money.
  2. Frontend attacks can make trusted websites seem normal but steal your crypto. Always be cautious when interacting with these sites.
  3. Even experienced users can fall victim to these hacks, so it's important to stay informed and learn how to protect your assets.
Get a weekly roundup of the best Substack posts, by hacker news affinity:

Valuing the Unknowable

Investment Talk • 569 implied HN points • 14 Feb 23
💰 Finance Investing
  1. Valuing the unknowable can be difficult because some things are simply unpredictable.
  2. Life is full of surprises, both terrifying and wonderful, due to the existence of unknowns.
  3. Finding a new job or changing career paths can be stressful, but unexpected positive outcomes are possible.

Clouded Judgement 2.13.26 - Build vs Buy

Clouded Judgement • 12 implied HN points • 13 Feb 26
💰 Finance Investing
  1. AI is lowering the cost and speed of building software, but the classic reasons to buy vendor products—total cost of ownership, speed to market, focus, ongoing maintenance, and compliance—still matter.
  2. With engineering velocity becoming less of a constraint, the market will likely be flooded with new software, driving commoditization; companies that don’t capture the next wave risk slower growth and lower valuations.
  3. Short-term earnings and retention can look healthy even as disruption looms, because markets often discount disruptive threats early; companies need a clear path to durable, predictable growth to avoid a slow decline.

💥Bed Bath & Bagholders💥

PETITION • 569 implied HN points • 02 Apr 23
💰 Finance Investing
  1. Hudson Bay Capital and BBBY structured a deal involving convertible preferred stock, benefiting Hudson Bay financially.
  2. BBBY raised $225mm to address credit issues and pay vendors, but needed more liquidity for a turnaround.
  3. The deal with Hudson Bay also included warrants to buy $800mm of preferred stock, with conditions to protect Hudson Bay's downside.

Is Silver At $200 Possible?

QTR’s Fringe Finance • 35 implied HN points • 05 Jan 26
💰 Finance Investing
  1. CME margin hikes can force leveraged longs to liquidate and cause sharp, temporary price drops, but that mainly transfers exposure from weak hands to deep pockets rather than fixing any physical metal shortage.
  2. Large COMEX deliveries and steady accumulation by well‑capitalized players indicate real physical demand is being removed from the tradable float, tightening supply and making large upside moves — including scenarios that point toward $100–$200 silver — plausible if those forces persist.
  3. Physical silver ownership is fundamentally different from trading paper because metal can’t be margin‑called, and geopolitical/policy trends plus valuation mean‑reversion arguments increase the odds that strategic hoarding could push silver into triple digits over time.

The VC Corner 📰 #7

The VC Corner • 339 implied HN points • 06 Jan 24
💼 Business Investing
  1. This newsletter is a great resource for anyone interested in venture capital and startups. It offers news and insights that can help investors and startups stay informed.
  2. You can subscribe for a free trial to access more detailed content. This allows you to explore the newsletter before committing to a subscription.
  3. The VC Corner aims to keep readers updated weekly, making it useful for both experienced investors and those new to the field. It provides valuable information that can enhance your understanding of the startup landscape.

A Historic Alt Season is Approaching. Or is it? (+ a Short!)

DeFi Education • 1159 implied HN points • 19 Mar 23
🔮 Crypto Investing
  1. Bitcoin has seen a significant price increase recently, which often leads investors to think about buying altcoins with those profits. People usually believe that when Bitcoin rises, altcoins will also get a boost next.
  2. The upcoming Arbitrum token airdrop is generating a lot of excitement in the crypto community, prompting many to reactivate their dormant wallets. However, it's important to remember that not all airdrops translate into actual wealth; the support and liquidity of the token matter.
  3. Despite the hype around altcoins, some experts suggest being cautious about investing in them just because Bitcoin is doing well. They recommend focusing on Bitcoin itself as a safer investment, rather than taking risks with many altcoins.

Ticker Take: a weekly newsletter on investing.

Jon’s Newsletter • 119 implied HN points • 05 May 24
💰 Finance Investing
  1. Selling stocks in May may not be the best strategy, as historical data shows it only works about a quarter of the time since 2008.
  2. The current stock market is looking healthier, with positive earnings and potential interest rate cuts, which might lead to steady gains this year.
  3. Investors are keeping an eye on dividend stocks and marijuana stocks, as both sectors show potential for growth and steady income.

The Bull Case (Is That Nothing Matters Anymore)

QTR’s Fringe Finance • 64 implied HN points • 02 Dec 25
💰 Finance Investing
  1. Inflation may keep driving up prices, while governments avoid taking responsibility. This could hurt middle and lower classes over time.
  2. Market behavior might not reflect real economic data anymore, so a sudden surge of cash could lift stock prices drastically without waiting for the economy to catch up.
  3. Even if a downturn happens, it might end quicker than expected. The market has changed, and old rules about valuations may not apply anymore.

What Your Tokens Really Mean

DeFi Education • 839 implied HN points • 10 Jun 23
🔮 Crypto Investing
  1. The SEC is actively pursuing major crypto exchanges like Binance and Coinbase for selling what they consider unregistered securities. This shows they are serious about regulating the crypto market.
  2. Crypto tokens represent programmed code and their value is determined by market demand, unlike stocks and bonds which are backed by legal agreements. This can lead to confusion about what people are actually buying.
  3. People often misunderstand the real meaning of tokens, especially in times of market volatility. It's important to know that tokens can have different purposes and values, not all tied to money.

Resilience Series Part 1: TFF Group

Business Breakdowns • 530 implied HN points • 12 Sep 23
💼 Business Investing
  1. The TFF Group is a resilient company with more than a century of family ownership and vertical integration.
  2. Resilience in business means prioritizing longevity over short-term gains, owning the entire supply chain for longevity, and maintaining profitability during downturns.
  3. Studying companies like TFF Group, which focus on resilience, provides valuable insights into strategies for long-term success.

Bitcoin ETFs: winners and losers

Ecoinometrics • 255 implied HN points • 09 Feb 24
💰 Finance Investing
  1. Bitcoin ETFs have winners like BlackRock and Fidelity, along with losers like Grayscale, showing the importance of scale in this market.
  2. Bitcoin and Ethereum are showing decreasing correlation, hinting at potential opportunities for more diverse trading options in the crypto market.
  3. Historically, US presidential election years do not necessarily prevent economic downturns, revealing the limitations politicians have in propping up the economy.

The Trial of Sam Bankman-Fried

DeFi Education • 519 implied HN points • 09 Oct 23
🔮 Crypto Investing
  1. Sam Bankman-Fried's trial is focusing on accusations of fraud that led to big losses for FTX customers. It's important to pay attention to how the trial unfolds, especially the testimonies from key witnesses.
  2. People often trusted centralized exchanges like FTX instead of managing their own crypto safely. Understanding cognitive biases can help investors avoid making the same mistakes in the future.
  3. Investing in crypto without learning about it can lead to serious losses. Gaining knowledge and understanding the technology is key to making smart investments and avoiding scams.

My Personal Investing Journey

Jay's Data Stream • 5 implied HN points • 19 Feb 26
💰 Finance Investing
  1. Buy-and-hold only reliably works for broad index funds, because they spread risk across many companies; individual stocks or crypto can go to zero, so you can’t treat every asset the same.
  2. True diversification means different exposures, not just different labels — owning the S&P plus a bunch of U.S. tech bets is still concentrated; an automated, multi-asset portfolio with regular rebalancing helps you survive big drawdowns.
  3. Use clear rules and position sizing: keep a small YOLO bucket, only hold individual bets you would buy at today’s price, and pay attention to fees and fine print because small differences compound over time.

Q&A

DeFi Education • 2318 implied HN points • 11 Jun 22
🔮 Crypto Investing
  1. Crypto is always changing, even in tough markets. It's important to stay updated on what's happening.
  2. Engaging in Q&A can help clarify doubts about DeFi and crypto. Don’t hesitate to ask questions if you're confused.
  3. Being part of a community helps share knowledge and gather different viewpoints about the markets. It's good to hear what others think.

Links - 01/08/2024

Value Investing World • 314 implied HN points • 08 Jan 24
💰 Finance Investing
  1. Buy on the way down in investing for more volume and less competition.
  2. Be prepared for price markdowns when buying in early stages.
  3. Tranquility and occupation bring happiness over wealth and splendor.

Top Links 762 Historicizing fx reserves. Russia's economy running hot. The fall of a fascist explorer & the "Ruler of My Heart".

Chartbook • 329 implied HN points • 07 Jun 25
💰 Finance Investing
  1. FX reserves are important to understand as they reflect a country's financial health and global standing. Historicizing these reserves helps us see how they've changed over time.
  2. Russia's economy is experiencing significant growth, which has both local and global implications. It's a situation worth monitoring as it may affect global markets.
  3. The discussion around a 'fascist explorer' suggests an examination of controversial figures and their influence on society. It highlights the importance of understanding complex historical narratives.

Q3 2023 In Review

DeFi Education • 519 implied HN points • 29 Sep 23
🔮 Crypto Investing
  1. Crypto markets seem to be feeling a bit too excited right now, which some are calling an 'echo bubble'.
  2. Stronger performance in crypto might not happen until the monetary policy becomes more relaxed.
  3. Big changes and developments in the crypto world occurred in Q3, setting the stage for future predictions.

YC

Venture Prose • 519 implied HN points • 21 Aug 23
💼 Business Investing
  1. YC-backed companies' valuations have significantly increased over the past years due to market conditions and increased capital availability.
  2. When investing in startups, it's crucial to have access to top founders, win deals, and diversify your portfolio with at least 20 deals to maximize returns.
  3. High valuations and early-stage startup frenzy can sometimes lead entrepreneurs to lose sight of the core values and essence of their journey.

Fishing Where the Fish Are

Mindset Value • 255 implied HN points • 05 Feb 24
💰 Finance Investing
  1. The Mindset Value Wellness Fund had a successful year by focusing on high-performing cannabis stocks
  2. Investing in cannabis companies like Grown Rogue and Glass House can offer significant growth potential
  3. Exploring opportunities in hemp-based beverages presents a new avenue for investment with potentially high returns

Earnings, Cash Flows and Free Cash Flows: A Primer

Musings on Markets • 1538 implied HN points • 31 Oct 22
💰 Finance Investing
  1. Free cash flow (FCF) is a crucial metric that shows how much cash a company generates after covering its expenses and investments. It's often misused in finance, so it's important to know the real meaning behind it.
  2. When valuing a company, understanding its free cash flow helps in predicting future performance. Different methods are used based on whether you're looking at equity or the whole business.
  3. As companies age, their financial characteristics change. Younger companies usually have negative free cash flows while older, established companies tend to produce positive cash flows and return money to shareholders more consistently.

Are Bond Yields Too High, or Too Low?

The Overshoot • 511 implied HN points • 07 Oct 23
💰 Finance Investing
  1. Employment growth in the US has been strong, but it's not translating to higher wages.
  2. Despite strong employment numbers, bond yields have risen rather than fallen.
  3. The rise in bond yields might be influenced by factors beyond interest rate expectations, presenting potential opportunities for investors.

Investing Update: 2025 Recap & 2026 Outlook

Spilled Coffee • 36 implied HN points • 03 Jan 26
💰 Finance Investing
  1. The market finished 2025 strong—S&P up about 16%, Nasdaq over 20%, and the Dow up 13%—continuing a multi‑year bull run while still seeing volatility, including a roughly 19% drawdown.
  2. Returns were concentrated and mixed across sectors and stocks. Only two mega‑cap techs beat the S&P, three sectors outperformed, and winners included communication services, semiconductors, gold miners, metals, clean energy, and silver.
  3. Active calls and stock picking paid off: a year‑end S&P forecast landed within 1% and an actively managed portfolio outperformed the S&P, showing active management can succeed but is hard to do consistently.

Notes on Erdmann Metro Area Housing Estimates: Part 2

Erdmann Housing Tracker • 63 implied HN points • 01 Dec 25
💼 Business Investing
  1. The housing market has seen a rise in scarcity premiums, meaning the land under homes has become more expensive due to a lack of housing. This affects how valuable land is in different cities.
  2. Real estate development can be risky due to various market conditions, but areas with higher scarcity premiums may offer better investment opportunities in the long run.
  3. Understanding the trends in housing prices, rents, and scarcity can help local policymakers and developers make better decisions for their communities.