The hottest Investing Substack posts right now

And their main takeaways
Category
Top Finance Topics
Daily Chartbook 1467 implied HN points 27 Sep 23
  1. US home prices rose in July for the 5th consecutive month.
  2. Half of the tracked cities saw new high home prices.
  3. The FHFA House Price Index increased by 0.8% in the most recent month.
QTR’s Fringe Finance 14 implied HN points 15 Jan 26
  1. Ask “what would this look like if it were easy?” to reframe problems and find elegant, high-leverage solutions instead of forcing effort and complexity.
  2. Look for smaller competitors with close comparables that show a clear path to closing the market-cap gap with larger incumbents; those situations can produce big, relatively straightforward gains.
  3. Using comps to visualize an easy outcome helps identify investments where scaling feels likely and the upside is easy to justify.
The Bear Cave 419 implied HN points 15 Dec 24
  1. There are new reports about companies experiencing accounting issues and bad loans. It's important to pay attention to these signs as they could lead to financial trouble.
  2. Many executives are resigning from their positions, which could indicate instability within those companies. If a company keeps changing leadership, it might be a bad sign for its future.
  3. Short sellers are becoming more vocal, and there are discussions about plans that could affect companies negatively. Watching how these short sellers act can give clues about company health.
Daily Chartbook 1519 implied HN points 06 Sep 23
  1. Vehicle sales in the US saw a 13.7% increase in August compared to last year.
  2. Demand for commercial and industrial loans is decreasing notably.
  3. Goldman Sachs lowered the US recession probability from 20% to 15%.
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Daily Chartbook 1519 implied HN points 02 Sep 23
  1. Freight rates have increased but not as much as in previous years
  2. Geopolitical risks are leading to more mentions of 'reshoring' in corporate earnings calls
  3. The Credit Managers Index report for August shows signs of weakness
Daily Chartbook 1545 implied HN points 23 Aug 23
  1. Affordability calculations include median existing home prices and mortgage rates.
  2. US households are handling high mortgage rates well, so far affecting only homebuyers.
  3. Existing home sales decreased more than expected, with slowest pace since 2010.
Daily Chartbook 1545 implied HN points 22 Aug 23
  1. The US has the lowest homeowner vacancy rates in almost 70 years.
  2. The gap between 30-year mortgage rates and 10-year Treasury rates is widening.
  3. The trucking industry is reacting to higher freight volumes, indicating a potential market improvement.
DeFi Education 1358 implied HN points 26 Apr 22
  1. Exit strategies in crypto include buying, holding, and selling, with the focus on liquidity as a key factor for investors. It's important to sell when the market recognizes your investment's value for better gains.
  2. Understanding the fundamentals of crypto is essential, but they differ from traditional assets. Factors like project purpose, team strength, and market competition are crucial to consider.
  3. Regularly review your portfolio to ensure each investment has a solid reason for holding. Cut losses on projects with weak teams or bad token supply dynamics to make smarter choices.
Case Closed 137 implied HN points 07 Feb 24
  1. Space stocks performed poorly compared to the broader market in January 2024.
  2. Investors should evaluate space stocks that are currently out of favor for future opportunities.
  3. Changes were made to the coverage of space stocks, with specific insights on the performance of ASTS, LLAP, LUNR, SATS, CMTL, and BA.
Daily Chartbook 1441 implied HN points 23 Sep 23
  1. Monthly housing payments have reached a new all-time high at $2,661
  2. Used car prices are unlikely to 'crash' soon due to under-production of cars
  3. Credit card utilization rate is increasing but still below historical levels
DeFi Education 2298 implied HN points 27 Jun 21
  1. The decentralized finance (DeFi) market has a huge opportunity for growth, involving trillions of dollars in alternative assets and investment funds. This growth can be driven by lower costs and continuous fiat money printing.
  2. There are significant risks in DeFi that investors should be aware of. Many projects could fail, due to scams, hacks, or market volatility, and it’s essential to keep learning and stay informed about the changes.
  3. Understanding terms like Impermanent Loss is crucial for anyone getting into DeFi. If the prices of paired tokens don't move together, you could lose money, which shows why timing and smart investing are important.
OK Doomer 161 implied HN points 27 Jun 25
  1. Many people have a dream of retiring comfortably, similar to how grandma lived her later years, but it's important to recognize that this might not be the reality for most of us.
  2. The financial industry promotes the idea of an easy retirement, but many experts suggest that it's becoming increasingly unlikely for people to achieve that goal.
  3. Being honest about retirement prospects is crucial, as it respects people's time and helps them prepare better for the reality of their financial futures.
Life Since the Baby Boom 461 implied HN points 21 Nov 24
  1. IBM partnered with Apple to create Taligent, hoping to finally compete with Microsoft in the PC market. They planned to introduce a 'guest operating system' idea like their mainframes, but not everyone believed it would succeed.
  2. Miriam's divorce from Matt is final, and she's likely to marry someone Matt dislikes. This adds tension to their already complicated relationship.
  3. Len, now a retired investor, is being courted by a VC firm that wants his help with clients. His retirement status makes him less of a threat, allowing him to offer support without competition.
Things I Didn't Learn in School 275 implied HN points 18 Feb 23
  1. The demand for lithium and copper is predicted to increase significantly due to the rise of electric vehicles.
  2. Chile, rich in copper and lithium, faces challenges with flat export volumes, political instability, and crime.
  3. The shift to electric vehicles will impact commodity prices, inflation, and stock values, influencing global economies.
A Letter a Day 275 implied HN points 10 Jun 23
  1. Good investment ideas can come from unexpected sources, like a round of golf or a casual conversation.
  2. Successful investments often share common traits that aren't found through traditional stock screens.
  3. Applying specific filters, such as assessing risk and uncertainty, evaluating management decisions, and understanding company culture, can help in identifying valuable investment opportunities.
Sriram Krishnan’s Newsletter 275 implied HN points 06 Jun 23
  1. In early stages, focus on winning over a narrow set of customer personas first for startup success.
  2. Startups should avoid selling to multiple personas at once to prevent failure from spreading resources too thin.
  3. As resources grow, consider expanding to multiple personas to increase Total Addressable Market (TAM) and attract later-stage investors.
The Better Letter 275 implied HN points 06 Oct 23
  1. In a coin-flipping experiment, even financially savvy individuals struggled with optimal betting strategies.
  2. The world is far more random than we realize, affecting markets and investments unpredictably.
  3. Probabilistic strategies can help in decision-making, especially when human biases lead to suboptimal choices.
Business Breakdowns 275 implied HN points 03 Oct 23
  1. EMS-Chemie maintains high and stable operating margins by embedding their products into the customer's processes.
  2. Investing in capital expenditures for long-term growth is crucial for resilience.
  3. Large insider ownership and intentional growth capex contribute to EMS-Chemie's success.
We're Gonna Get Those Bastards 8 implied HN points 21 Jan 26
  1. Money is a tool to buy comfort and freedom, and having enough makes small daily worries disappear.
  2. Save and invest consistently with delayed gratification—anyone can build wealth by living below their means and starting early.
  3. Manage risk by hedging against catastrophic losses and being realistic about investing, since preserving capital can be more important than chasing higher returns.
Daily Chartbook 1493 implied HN points 29 Aug 23
  1. Tender rejections in the freight market are at a 6-month high.
  2. High yield default rate could reach 6% due to the strong uptrend in defaults.
  3. Households' interest payments are increasing as a share of disposable income.
Daily Chartbook 1519 implied HN points 18 Aug 23
  1. Homebuyers are turning to newly built single-family homes due to low inventory.
  2. Auto production is above 2019 levels and likely won't increase much.
  3. Wholesale used-vehicle prices rose slightly in August compared to July but are still lower than in August 2022.
DeFi Education 599 implied HN points 08 Mar 23
  1. DeFi is a new way to handle finance without banks, but it comes with risks like hacks and scams. Users need to be aware and do their research to stay safe.
  2. Keeping your own private keys safe is crucial. The saying 'your keys, your Bitcoin' highlights that if you lose access to your private keys, you could lose your crypto forever.
  3. Using hardware wallets and trusted protocols can help protect your funds. It's important to only use tested platforms and to follow good security practices to avoid losses.
Points And Figures 373 implied HN points 14 Jan 25
  1. Startups should keep their investors updated regularly, like every quarter. Simple updates help investors stay engaged and offer support.
  2. When updating, focus on key points like growth rates, income or losses, and any future capital raising. It's best to keep it clear and short.
  3. Investors can be valuable beyond just their money. They can help with introductions and potential partnerships, so it's crucial to communicate effectively with them.
Venture Prose 299 implied HN points 26 Mar 23
  1. To survive as a generalist seed investor, understand founders' emotions and engage with genuine care and support.
  2. When interacting with founders, focus on understanding, asking thought-provoking questions, and articulating key issues to help them progress.
  3. In the world of seed investing, competitiveness matters, but it's crucial to prioritize meaningful connections over unnecessary competition.
Daily Chartbook 1545 implied HN points 05 Aug 23
  1. The median home sale price increased by 3.2% from a year earlier, reaching $380,250.
  2. Monthly mortgage payments for the typical U.S. homebuyer increased by 19% to $2,605 compared to a year earlier.
  3. The Global Supply Chain Pressure Index rose to -0.90 in July from -1.14 in June.
Daily Chartbook 1467 implied HN points 01 Sep 23
  1. Median home sale price increased by 4.8% in the four weeks ending August 27, the biggest jump since October.
  2. Active listings saw an 18.7% drop from a year earlier, the largest decline since February 2022.
  3. Employers cut 75k jobs in August, marking a 267% increase from a year ago.
Spilled Coffee 32 implied HN points 06 Dec 25
  1. The S&P 500 has risen 16.8% this year, with the Nasdaq doing even better at 22.1%. This shows a strong market trend and positive performance in tech stocks.
  2. The health care sector is currently the best-performing sector of the S&P 500 in the last quarter of the year.
  3. December is usually a good month for stocks, with positive gains expected. Many investors anticipate a 'Santa Claus rally' towards the end of the month.
Daily Chartbook 1414 implied HN points 16 Sep 23
  1. US home prices rose 3% year over year to $420,846 in August.
  2. Total number of homes for sale hit a record low in August, dropping 1.1% month over month.
  3. Nearly 60,000 home-purchase agreements were canceled in August, up from a year earlier.
Daily Chartbook 1493 implied HN points 17 Aug 23
  1. Mortgage purchase applications decrease, showing minimal demand
  2. Housing starts rise, with single-family starts at a high and multi-family starts at a low
  3. Building permits increase slightly, with single-family permits at a high and multi-family permits at a low
Brad DeLong's Grasping Reality 461 implied HN points 09 Nov 24
  1. The newsletter aims to make readers smarter and more informed about economic topics. It's designed to keep readers engaged and entertained while learning.
  2. Readers can expect economic insights, historical context, and thoughtful recommendations in the newsletter. The goal is to offer clarity and understanding of complex issues.
  3. The newsletter also seeks to enhance public discourse by steering readers away from sensationalism and clickbait, promoting a more thoughtful examination of current events.
QTR’s Fringe Finance 40 implied HN points 17 Nov 25
  1. CoreWeave seems to be overly reliant on big companies like Nvidia and Microsoft to survive. This support makes its stability questionable.
  2. There are signs of increasing investor fear as CoreWeave's credit risk levels are rising. This could suggest that people are worried about the company's future.
  3. The company's initial success looks shaky, especially after needing help to get its IPO off the ground. This raises doubts about its long-term viability.
Daily Chartbook 1467 implied HN points 24 Aug 23
  1. More than one-quarter of homebuyers are looking to move to a different part of the country.
  2. Mortgage demand fell to the lowest level since 1995.
  3. Sales of new homes jumped 4.4% month-over-month in July.