The hottest Investing Substack posts right now

And their main takeaways
Category
Top Finance Topics

Sick from $NVDA FOMO? Here's the Vaccine

Value Investing Substack • 373 implied HN points • 28 May 23
💰 Finance Investing
  1. Value investors should not feel bad about missing out on short-term stock jumps like NVDA's recent +25% increase.
  2. It's important to avoid setting unrealistic benchmarks based on present-day reference points when evaluating past investment decisions.
  3. Embracing less-than-perfect outcomes and understanding the arbitrariness of present-day reference points can help investors overcome FOMO and focus on long-term success in stock markets.

Gymshark part 2: co-founder exits, billionaire tax planning, securing the bag, and cash crunches

Net Income • 373 implied HN points • 13 Jul 23
💼 Business Investing
  1. Co-founder disagreements in growing businesses are common and it might be necessary to part ways if visions differ.
  2. Smart tax planning strategies can help wealthy individuals protect assets and leave a financial legacy for future generations.
  3. Managing cash flow in a rapidly growing business, especially with inventory-based models, is crucial for long-term success.

The Stocks I Did Not Expect To Like

Spilled Coffee • 24 implied HN points • 07 Jan 26
💰 Finance Investing
  1. Price action and charts can reveal strong opportunities, so follow what the market is actually doing instead of story-driven hopes.
  2. Focus on relative strength and momentum—stocks making new highs often deserve attention regardless of whether they're labeled value or growth.
  3. Stay open-minded: profitable setups can come from legacy industrials, discount retailers, or online travel agencies, not only from flashy new tech or biotech.

STIR Crazy

Pinecone Weekly Brief • 216 implied HN points • 13 Jan 24
💰 Finance Investing
  1. Last week's cut pricing madness is an opportunity
  2. Check out Chase Taylor's post on pineconemacroresearch
  3. Subscribe to Pinecone Weekly Brief for a 7-day free trial
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Economics Links, 1/4/2024

In My Tribe • 501 implied HN points • 04 Jan 25
💰 Finance Investing
  1. Paul Krugman talks about how gambling on asset prices is like a natural Ponzi scheme. People get caught up with optimism, which can lead to bigger financial risks.
  2. There are new types of market leaders, like Michael Saylor of MicroStrategy, who influence markets and create a kind of cult-like following among investors.
  3. In Argentina, Javier Milei is changing things by cutting government departments and privatizing state companies. His aim is to weaken the power of his political rivals.

The Bear Cave #245

The Bear Cave • 653 implied HN points • 27 Oct 24
💰 Finance Investing
  1. New reports are raising serious concerns about several companies, including Hershey, which was found to have harmful chemicals in its products. This could impact its reputation and sales.
  2. Several high-profile executives have recently resigned from their positions at major companies, suggesting possible instability or issues within those organizations.
  3. There are calls for caution when it comes to tweeting about stocks, as public opinions and statements can significantly affect market perceptions and investments.

New Bitcoin ETFs, old coins

Ecoinometrics • 196 implied HN points • 26 Jan 24
💰 Finance Investing
  1. New Bitcoin ETFs have captured a small percentage of the total supply of Bitcoin.
  2. Increased retail sales in December signal economic growth but also potential challenges for inflation.
  3. Top companies like Apple and Microsoft show there can be sustained growth at the top, with new catalysts like Bitcoin ETFs.

Liquidity, Not Logic: QTR And Epoch Times Talk Markets

QTR’s Fringe Finance • 21 implied HN points • 09 Jan 26
💰 Finance Investing
  1. Stocks are driven more by liquidity and expectations of policy support than by the current health of the real economy, so bad economic news can sometimes lift markets even as it masks growing strain and creates moral hazard that shifts costs into inflation and weaker purchasing power.
  2. Market valuations look high by almost every historical measure, leaving little margin for error, so investors should be realistic about what they’re paying for and the future growth those prices assume.
  3. Speculation is concentrated in areas like crypto and parts of AI where downside can be sudden, and individual investors should read 10‑Ks, compare peers, understand debt and cash flow, and beware passive flows and index concentration.

What is a Real Estate Investment Trust (REIT)?

Concepts of Finance 🧠 • 279 implied HN points • 28 Nov 23
💰 Finance Investing
  1. A Real Estate Investment Trust (REIT) lets you invest in real estate without actually owning properties. You buy shares in a company that owns and manages real estate, earning money from the profits.
  2. REITs generally pay high dividends because they are required by law to return 90% of their taxable income to shareholders. This makes them appealing for income-focused investors.
  3. Investing in REITs gives you access to commercial real estate, offers liquidity like stocks, and can diversify your investment portfolio without the hassle of property management.

Portfolio Review - October 2023

The Wolf of Harcourt Street • 359 implied HN points • 03 Nov 23
💰 Finance Investing
  1. The author discusses reducing their portfolio from 24 to 20 stocks by selling off positions in companies like SQ, DOCU, IIPR, and JNJ.
  2. They reinvested the proceeds into companies like AMZN, MELI, Adyen, and Evolution.
  3. The author is focusing on concentrated positions in companies like MELI and AMZN, with some cash holdings for future investments.

Tesla in 2023: A Return to Reality, The Beginning of the End or Time to Buy

Musings on Markets • 839 implied HN points • 26 Jan 23
💼 Business Investing
  1. Tesla has grown rapidly, becoming a significant player in the auto industry, especially in electric vehicles. Its revenue jumped from $117 million in 2010 to $31.5 billion in 2020, showing strong growth potential.
  2. The company's success is closely tied to its founder, Elon Musk, whose vision drives Tesla forward. However, his dominant presence raises questions about the company's future if he steps back.
  3. The business landscape is changing, and even a successful company like Tesla must face traditional rules of business, like the need for investment and risk management, which is becoming more evident as competition increases.

Navigating Shark-Infested Waters

DeFi Education • 699 implied HN points • 14 Apr 23
💰 Finance Investing
  1. Investing is competitive and risky, with many players trying to outsmart each other. It's important to understand that not everyone has your best interests at heart.
  2. Retail investors often lose money compared to professional institutions, which have more resources and experience. In 2022, retail investors faced significant losses, while hedge funds did much better.
  3. Market sentiment on social media can be misleading. Institutions keep a close eye on retail investors, and their decision-making is often based on a much broader set of information and strategies.

Daily Chartbook #301

Daily Chartbook • 1781 implied HN points • 14 Oct 23
💰 Finance Investing
  1. Theft and shoplifting have increased due to cost of living pressures.
  2. Bankruptcies in 2023 have already surpassed the total from previous years.
  3. Companies with high debt and low earnings in certain sectors are facing bankruptcies.

Celsius 2.0, FTX 2.0, Market Update 2.0

DeFi Education • 599 implied HN points • 26 May 23
🔮 Crypto Investing
  1. In times of panic or excitement, people often follow the crowd instead of thinking independently. This can lead to poor investment decisions.
  2. A group called Fahrenheit has plans to manage the assets of bankrupt company Celsius and even seeks to take it public. They will focus on funding operations and investing in cryptocurrency loans.
  3. The proposed restructuring includes managing assets like cryptocurrencies, loans, and investments, but it's still uncertain what will happen to the customers and depositors of Celsius.

My "Best Idea" Sector For 2026

QTR’s Fringe Finance • 24 implied HN points • 02 Jan 26
💰 Finance Investing
  1. One sector is highlighted as having the biggest upside potential for 2026, but it also carries the largest downside risk.
  2. This year’s top idea is different from last year’s winners, which were gold and silver miners that ran up strongly.
  3. Full analysis is behind a paywall and requires a paid subscription to access the complete write-up.

Wartime vs Peacetime Markets

DeFi Education • 1678 implied HN points • 13 May 22
💰 Finance Investing
  1. Wartime markets involve high uncertainty and crisis, while peacetime markets are steadier and more stable. Investors often react differently in these two types of markets.
  2. In wartime markets, risk and volatility increase, leading to caution in investment strategies. People may prioritize safety over growth during uncertain times.
  3. Peacetime markets typically see growth and optimism, making it easier for tech and other sectors to thrive. Investors tend to take more risks when the market conditions are favorable.

Daily Chartbook #298

Daily Chartbook • 1781 implied HN points • 11 Oct 23
💰 Finance Investing
  1. Global PC shipments have shown signs of improvement after a decline
  2. The number of US workers on strike is potentially reaching a 40-year high
  3. Interest rates on commercial bank credit cards are at an all-time high

The Bear Cave #248

The Bear Cave • 583 implied HN points • 17 Nov 24
💼 Business Investing
  1. Culper Research claims Zeta Global Holdings is involved in shady practices, including false data and deceptive websites to gather consumer information. They think Zeta's stock price is too high and expect it to drop soon.
  2. There have been several high-profile resignations among executives in various companies, highlighting instability in leadership. It's concerning when CFOs and CEOs leave, especially in such quick succession.
  3. Recent reports have raised concerns about financial discrepancies in VusionGroup, which may indicate larger issues within the company. The connection with a major Chinese partner raises further questions about its operations.

Hidden Champions among India's ADRs/GDRs

Asian Century Stocks • 353 implied HN points • 10 Sep 23
💰 Finance Investing
  1. There are high-quality Indian companies listed overseas that international investors can consider.
  2. Among the 16 Indian companies listed overseas, five were highlighted as having competitive products and potential for growth.
  3. The Indian market has more than 5,000 listed stocks, with Indian ADRs and GDRs having a combined market cap of around US$660 billion.

What Did Buffett See in AAPL in 2016? Coca-Cola

Value Investing Substack • 353 implied HN points • 11 Jun 23
💰 Finance Investing
  1. In 2016, Apple stock was undervalued with a low P/E ratio, making it an attractive investment opportunity.
  2. Apple's brand strength and ability to create standardized products quickly were key factors that Buffett saw in the stock.
  3. Buffett's investment strategy in Apple was similar to his approach with Coca-Cola, focusing on consistent returns and solid fundamentals.

Is EBITDA Really Bullshit? Answer: "It Depends"

Value Investing Substack • 353 implied HN points • 05 Aug 23
💰 Finance Investing
  1. EBITDA can be a controversial metric in finance, with some calling it 'bullshit earnings'.
  2. John Malone successfully used EBITDA to communicate TCI's growth strategy in cable industry.
  3. Valeant Pharmaceuticals' misuse of EBITDA led to financial trouble, highlighting the importance of understanding the context behind EBITDA figures.

Samsara

Business Breakdowns • 353 implied HN points • 25 Jul 23
💼 Business Investing
  1. Samsara is focused on revolutionizing industrial operations through IoT technology.
  2. The company offers a diverse portfolio of IoT devices and solutions beyond just fleet management.
  3. Samsara's business model involves bundling hardware costs with subscriptions and focusing on digitizing industrial companies.

CK Hutchison update (1 HK)

Asian Century Stocks • 353 implied HN points • 07 Sep 23
💰 Finance Investing
  1. CK Hutchison is facing inflation pressures due to weak Euro, high inflation, and high-interest rates.
  2. The company is transitioning towards becoming more asset-light through selling assets and share buybacks to increase return on equity.
  3. Potential factors affecting CK Hutchison's future performance include interest payment repricing, margin rebounds, and growth in the retail segment.

The Bear Cave #261

The Bear Cave • 396 implied HN points • 16 Feb 25
💼 Business Investing
  1. There's been some concern about AppLovin, a mobile app company. A researcher claims they are using a scheme that makes it look like users are rewarded for in-app purchases, which might not be genuine.
  2. Multiple company executives have recently resigned, including CEOs and CFOs from several firms. This shows instability in some companies and could affect their future performance.
  3. Some activists are raising issues about well-known companies, like Coca-Cola, and their social policies. This highlights ongoing debates around corporate responsibility and public perception.

Microsoft's worst week in years; Google also stumbles

Achee Alpha • 6 implied HN points • 08 Feb 26
💰 Finance Investing
  1. Microsoft's stock plunged despite solid revenue because investors doubt its AI strategy and fear AI will compress software profit margins.
  2. Microsoft's consumer AI products have fallen behind competitors and only a small share of Office users have adopted Copilot, suggesting businesses don't yet see enough value.
  3. Big cloud players are pouring money into AI infrastructure and investors are demanding clear paths to profit, which has put pressure on companies like Microsoft and Google amid heavy capex and uncertain monetization.

So, you messed up.

DeFi Education • 1019 implied HN points • 01 Dec 22
🔮 Crypto Investing
  1. Everyone makes mistakes, especially in investing. It's important to learn from them and manage risk so you can keep moving forward.
  2. If you're struggling financially, focus on increasing your cash flow, cutting expenses, and working hard. It's important to adapt to the tough times.
  3. Don't assume that past market conditions will come back. Prepare for the future by managing risks and being smart about your investments.

Letter #152: Steve Eisman, Danny Moses, Vincent Daniel, and Porter Collins (2024)

A Letter a Day • 176 implied HN points • 03 Feb 24
💰 Finance Investing
  1. Four 'Big Short' traders from FrontPoint Partners discussed their experiences and current perspectives on investing and short selling in the financial industry.
  2. They shared insights on their past trades like shorting Tesla and UPS, as well as their current high conviction trades and concerns about areas like commercial real estate.
  3. Despite changes in their approach and careers, these traders continue to monitor credit quality and consumer behavior as key indicators for the US economy.

DeFi Education Q&A (May 2023)

DeFi Education • 599 implied HN points • 16 May 23
🔮 Crypto Investing
  1. The Q&A sessions provide expert insights from experienced professionals in finance and crypto. This helps you stay informed and make smarter choices.
  2. You can also ask for research topics, and the team will either answer your questions right away or write a detailed post about it later.
  3. These sessions are a great way to connect with other crypto enthusiasts. You can share ideas and discuss trends with like-minded people.

DeFi Ed September Q&A

DeFi Education • 1179 implied HN points • 29 Sep 22
🔮 Crypto Investing
  1. It's a monthly Q&A where DeFi Ed team answers questions about DeFi and crypto. You can ask anything you're curious about.
  2. You can also suggest topics for future content and give feedback to help improve their offerings.
  3. This session is for paid subscribers only, making it more exclusive and personal for those who contribute.

Space Ambition Useful Resources for Founders and Investors

Space Ambition • 99 implied HN points • 10 Apr 24
💼 Business Investing
  1. There is a fellowship program for people interested in starting spacetech companies. It's starting soon and there are only a few spots left.
  2. They offer help for those with ideas for spacetech or sustainability start-ups looking for support or funding.
  3. Investors can get involved by reaching out for access to deal flow and investment opportunities in the space sector.

Deep Dive: Aevo

DeFi Education • 319 implied HN points • 25 Oct 23
🔮 Crypto Investing
  1. Bitcoin recently increased by almost 20%, which highlights its exciting potential.
  2. The post encourages readers who have been buying Bitcoin to share their experiences.
  3. There will be a general market update in a future post, keeping readers informed on the latest trends.

The VC Corner 📰 #6

The VC Corner • 219 implied HN points • 30 Dec 23
💼 Business Investing
  1. This newsletter provides valuable news and resources for people in the startup and venture capital world. It's great for both experienced investors and beginners.
  2. By subscribing, you get access to weekly insights that can help you stay informed about the latest trends and developments in startups.
  3. There's a free trial option available, so you can explore the content without any initial commitment.

Economics Links, 2/2/2025

In My Tribe • 410 implied HN points • 02 Feb 25
💰 Finance Investing
  1. The rising 10-year Treasury yield means higher costs for government debt and could hurt stock prices as investors change their expectations.
  2. Traders need to be careful with market momentum, as it can shift unexpectedly, leading to losses when everyone stops buying at high prices.
  3. Renewable energy projects face high costs to connect to the grid, and large battery systems have limitations, raising questions about their reliability.

Just Own Stocks

Spilled Coffee • 52 implied HN points • 19 Nov 25
💰 Finance Investing
  1. Investing in stocks is a smart long-term strategy. Even if the market feels uncertain, staying invested usually pays off over time.
  2. Many people underestimate the costs of owning a home. Homes can seem like good investments but often don't grow wealth as effectively as stocks.
  3. It's better to invest regularly in the stock market rather than trying to time when to buy or sell. Consistency is key for building wealth over the long run.