The hottest Investing Substack posts right now

And their main takeaways
Category
Top Finance Topics

Cheers to Three Years

The Wolf of Harcourt Street • 299 implied HN points • 05 Oct 23
💰 Finance Investing
  1. The newsletter community has grown globally over three years, reaching subscribers in 98 countries.
  2. Challenging perceptions around investing, especially in Ireland, is a key goal of the newsletter.
  3. Emphasizing content quality over quantity has led to increased engagement and growth.

#33 Episode - QSBS 2.0 is Here

Law of VC • 134 implied HN points • 08 Jul 25
💰 Finance Investing
  1. The new QSBS rules allow taxpayers to earn up to $15 million tax-free on small business stock if held for just three years instead of five. This makes it easier for investors and founders to cash out sooner.
  2. Companies with gross assets below $75 million can now qualify, up from $50 million. This change helps more young businesses benefit from the QSBS tax advantages.
  3. Investors now have better chances to benefit from tax-free gains as early exits are encouraged. This can lead to more investment and innovation in startups.

Beautifully Opinionated

moontower: a stoner dad explains options trading to his kids • 137 implied HN points • 28 Jan 24
💰 Finance Investing
  1. Moontower.ai is gearing up for private demos with professionals before opening the beta to the waitlist.
  2. Hosting financial literacy sessions for kids can be engaging and informative, like a 'Kiyosaki without the brainworms' approach.
  3. Exploring the history and challenges of mean-variance analysis provides insights into investment strategies and decision-making processes.

Spacetech Failures: Analyzing Major Industry Missteps and Lessons for Investors

Space Ambition • 259 implied HN points • 29 Sep 23
🕹 Technology Investing
  1. The spacetech industry has seen many failures, like Iridium's bankruptcy and Falcon 1's launch issues, but these stories show how important it is to adapt and learn from mistakes.
  2. Space exploration is getting increasingly crowded and risky with satellite constellations like Starlink, which raises concerns about space debris and potential collisions in orbit.
  3. The integration of AI in space missions is still developing, and while AI can help reduce human errors, we need to carefully test and approve these systems for safe use in space.

Dingus of the week: Anyone who bought Hawk Tuah girl’s memecoin

Men Yell at Me • 402 implied HN points • 13 Dec 24
🔮 Crypto Investing
  1. Memecoins are just digital coins that have no real value and are mostly a gamble. People are getting hurt financially by investing in them.
  2. Many young people feel disappointed by traditional paths like college and stable jobs, so they turn to risky internet ventures like memecoins in hopes of success.
  3. Trust in systems is declining as they seem to keep failing us. This creates a culture where people are tempted to follow questionable advice for quick gains.
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Yearn Finance (Part 1 of 2) - Yes There is That Much to Cover!

DeFi Education • 2098 implied HN points • 02 Jul 21
🔮 Crypto Investing
  1. Yearn Finance is a major project in the DeFi space that offers various opportunities for earning returns. It's essential to understand its features and risks before investing.
  2. The evaluation of Yearn Finance will help you make informed decisions about potential investments. You'll learn to weigh the risk versus reward for your own financial choices.
  3. This post focuses specifically on Yearn Finance, excluding discussions about other similar projects to keep the information organized and clear.

Letter #73: Jon Pollock (2015)

A Letter a Day • 255 implied HN points • 15 Apr 23
💼 Business Investing
  1. Jon Pollock discusses how activism fits into Elliott Management's overall investment strategy by seeking to positively shape investment outcomes and drive returns.
  2. Elliott Management excels in activism in the Technology sector due to the complex nature of the industry and the potential for unlocking value through operational improvements.
  3. Elliott Management's success in attaining board representation without launching proxy fights is attributed to strong relationships with institutional shareholders and the identification of situations where change is needed.

Links - 09/14/2023

Value Investing World • 255 implied HN points • 14 Sep 23
💰 Finance Investing
  1. For value investors, price declines can mean more attractive pricing due to higher yields.
  2. High turnover portfolios can have costs due to bid-ask spreads.
  3. Spinoffs have underperformed but can still be profitable.

Links - 03/26/2023

Value Investing World • 255 implied HN points • 27 Mar 23
💰 Finance Investing
  1. Don't feel the need to immediately make back money lost, it's ok to take your time.
  2. Trying to recover losses the same way they were made can lead to more problems.
  3. Being overly cautious can sometimes lead to unexpected mistakes.

Zhang Lei - Lessons from a Legend

kalanis • 255 implied HN points • 09 Mar 23
💼 Business Investing
  1. Zhang Lei's incredible success came from boldness, self-study, and willingness to exit comfort zones.
  2. Empathy and collaboration can help grow markets, showing value in delayed gratification over instant results.
  3. Investing in education and oneself produces the best compounding results, while tech changes need to narrow the knowledge gap and be an equalizer.

Understanding How Economic Models Break Down (and a Highly Profitable Trading Strategy!)

DeFi Education • 759 implied HN points • 22 Nov 22
🔮 Crypto Investing
  1. Crypto market relies on capital flow. Without enough users investing and using protocols, they can't function well.
  2. Supply and demand are key. If there's not enough capital to meet the demand, economic models can break down.
  3. Some protocols like algorithmic stablecoins can fail fundamentally. They need constant user trust and large investments, or else their value collapses.

The REIT Pain Trade

Lewis Enterprises • 216 implied HN points • 10 Nov 23
💰 Finance Investing
  1. Shorting REITs vulnerable to higher rates has been a popular but unsuccessful trade this year.
  2. The post does not offer investment advice and comes from the author's interest in quantitative investing and REITs.
  3. Readers can access the full post by subscribing to Lewis Enterprises for a 7-day free trial.

One Microcap Stock I Own

QTR’s Fringe Finance • 16 implied HN points • 05 Jan 26
💰 Finance Investing
  1. A small energy infrastructure company is increasing its exposure to data center construction, which could diversify its revenue and boost growth.
  2. Its operations are accelerating in the Middle East and across the EMEA region, indicating geographic expansion and momentum.
  3. The business trades at roughly a 10x run‑rate P/E and has a solid balance sheet, suggesting an attractive valuation with manageable financial risk.

Beating The S&P 500 Isn't As Easy As It Sounds

Spilled Coffee • 28 implied HN points • 10 Dec 25
💰 Finance Investing
  1. Consistently beating the S&P 500 is very hard; most active managers have underperformed their benchmarks in recent years.
  2. Many individual stocks and even big-tech names often trail the index — only about 37% of stocks outperformed in 2025 and only two of the Magnificent 7 beat it.
  3. It is possible for an active strategy to outperform over multiple years, but that kind of consistent outperformance is uncommon and not guaranteed.

Longer, Higher For Longer

QTR’s Fringe Finance • 23 implied HN points • 18 Dec 25
💰 Finance Investing
  1. Interest rates are the core price that coordinates savings and investment, and heavy central-bank intervention has turned them into an administered price that can obscure real market signals.
  2. After a forty-year decline, long-term rates may be shifting higher because of large government debt, weaker anti-inflation norms, and adverse demographics — implying bonds could be "longer, higher for longer."
  3. If long rates stay higher, long-term bonds and real stock returns will likely suffer while commodities (especially gold) may outperform; keeping a very low fixed-rate mortgage and favoring companies with easy access to commodities could make sense.

Daily Chartbook #251

Daily Chartbook • 1441 implied HN points • 04 Aug 23
💰 Finance Investing
  1. Newly listed homes declined by 20.8% in July compared to the previous year.
  2. Active listings of homes decreased by 6.4% compared to last year.
  3. The U.S. homeowner vacancy rate dropped to 0.7% in the second quarter, the lowest since 1956.

Networked Conviction 003

Investing 101 • 4 implied HN points • 06 Feb 26
💰 Finance Investing
  1. Big, durable businesses often hide in plain sight — legacy financial firms, grungy enterprise software, and mineral-rights plays can be ‘sneaky giants’ with steady cash flows and entrenched advantages.
  2. The best opportunities come from noticing overlooked, messy sectors where scale and resilience aren’t obvious, and where small structural edges compound into big moats.
  3. Clear investment insights take time and reflection — ideas crystallize through board meetings, updated marks, and repeated conversations, so consistent journaling and revisiting thoughts matters.

DeFi Education's Greatest Hits: Twitter Edition

DeFi Education • 559 implied HN points • 28 Feb 23
🔮 Crypto Investing
  1. On-chain analysis can reveal important movements of funds, especially from high-profile wallets, and monitoring these can help with investment decisions.
  2. Institutional investors have a different approach to the market than retail investors, and understanding these differences can help avoid costly mistakes.
  3. Basic cybersecurity measures like using strong passwords and VPNs can significantly reduce the risk of getting hacked in the digital asset space.

Finance 101 for Crypto Degens, Part 1

DeFi Education • 1159 implied HN points • 17 May 22
💰 Finance Investing
  1. The time value of money means that money now is worth more than money in the future because you can invest it and earn a return. This idea explains why banks charge interest on loans.
  2. Understanding capital structure is important. It distinguishes between the types of capital a company uses, like debt (bonds, loans) and equity (ownership shares), and how these affect the company's value and risk.
  3. Discounted cash flow analysis helps evaluate the value of a business by looking at its expected future cash flows. This method shows how much future money is worth today, factoring in investment risks.

How AI Is Enhancing My Investment Process— and How It Can Help You

Behavioral Value Investor • 141 implied HN points • 01 Jul 25
💼 Business Investing
  1. AI can help save time and money in the investment process. This means you can do more in less time, making your investing easier.
  2. AI can be more efficient than humans at certain tasks. It can analyze data and find trends that might be hard for us to see.
  3. Using different AI models can improve your investment strategies. Experimenting with the latest tools can help you find better ways to invest.

Why Silver is Outperforming Gold (Again)

QTR’s Fringe Finance • 25 implied HN points • 12 Dec 25
💰 Finance Investing
  1. Macro forces like Fed rate cuts, a weaker dollar, and ongoing inflation are lifting precious metals, and silver is riding the same tailwind that’s helped gold.
  2. Silver’s role as both a monetary metal and an industrial input—used in electronics, solar panels and EVs—is creating extra real-world demand that can push its price higher than gold’s.
  3. Silver’s lower per-ounce price and higher volatility make it more attractive to retail buyers and short-term traders (unit bias), which amplifies percentage gains and helps it outpace gold in bull markets.

Equities Just Might Not Be The Same Anymore

QTR’s Fringe Finance • 22 implied HN points • 19 Dec 25
💰 Finance Investing
  1. High-growth companies are staying private longer and selling to wealthy investors, so everyday retail investors are being shut out of the biggest returns.
  2. There are fewer public companies and IPOs happen much later, making the stock market less diverse and a poorer reflection of the broader economy.
  3. Given these structural shifts and short-term reporting pressures, the long-held belief that stocks will always deliver strong returns is now questionable and depends on policy and human choices.

cool story, dad

moontower: a stoner dad explains options trading to his kids • 117 implied HN points • 11 Feb 24
🚌 Education Investing
  1. Kids often learn from their parents through modeling and osmosis rather than direct instruction.
  2. Teaching someone else's child may sometimes be more effective in imparting knowledge and lessons.
  3. Finding learning moments in everyday activities or tailored to a child's interests can help them grasp concepts effectively and make the lessons their own.

Daily Chartbook #170

Daily Chartbook • 1755 implied HN points • 29 Mar 23
💰 Finance Investing
  1. US home prices fell for the 7th straight month, lowest growth since Nov 2019
  2. Container traffic in US ports dropped compared to the same time last year
  3. February goods deficit increased with exports down by 3.8% and imports by 2.3%

Security or Commodity?

Points And Figures • 479 implied HN points • 11 Oct 24
🔮 Crypto Investing
  1. The ongoing legal battle between Bitnomial Exchange and the SEC is crucial in determining whether $XRP is classified as a security or a commodity. This could impact how all digital assets are regulated in the future.
  2. $XRP is argued to be similar to traditional currencies like the US Dollar, functioning as a medium of exchange without the characteristics of a security, which usually includes dividends or voting rights.
  3. The SEC's actions are perceived as an overreach to expand its regulatory powers, and many believe that a ruling favoring Bitnomial could help protect the crypto industry and promote innovation.

The Ten Crypto Commandments

DeFi Education • 1298 implied HN points • 15 Mar 22
🔮 Crypto Investing
  1. Keep your crypto holdings private. Sharing this info can lead to jealousy or danger, like kidnapping.
  2. Don't trust advice from others blindly. People often share tips to pump their own investments, so research and think for yourself.
  3. Always use proper security. Avoid sharing personal info, use a VPN for transactions, and get your coins off exchanges to stay safe.

Daily Chartbook #169

Daily Chartbook • 1755 implied HN points • 28 Mar 23
💰 Finance Investing
  1. US banks have tightened lending standards in autos and credit cards this quarter.
  2. Probability of the economy entering a recession in the next 12 months is at 35%.
  3. Bank deposits in the banking sector have declined by almost $600bn since the Fed began to raise interest rates.

Links - 02/10/2024

Value Investing World • 117 implied HN points • 10 Feb 24
💰 Finance Investing
  1. Having a long attention span and moderate obsession can lead to good results, even if you're reasonably smart.
  2. Learn from successful individuals through resources like videos, podcasts, and fireside chats.
  3. Consider exploring different perspectives on investing, behavioral biases, and market trends to broaden your knowledge.

Daily Chartbook #233

Daily Chartbook • 1441 implied HN points • 11 Jul 23
💰 Finance Investing
  1. US REITS hold $14 billion of maturing debt this year.
  2. Recession indicators like ISM new orders and yield curve spreads suggest a recession.
  3. Used-vehicle prices dropped 4.2% in June, the largest decline since the pandemic started.

Clarity of Thought

Investing 101 • 156 implied HN points • 31 May 25
💼 Business Investing
  1. Good founders have 'clarity of thought', which means they can explain their ideas clearly and logically. This helps others understand their vision and connects with the audience.
  2. Founders build a framework for their ideas that makes it easy for others to understand complex concepts. By using clear definitions and examples, they help people grasp their vision quickly.
  3. To make a strong pitch, founders need to present their main idea distinctly and also explain why it matters. They should avoid distractions and focus on what makes their idea important and valuable.

Understanding Valuation Methods

DeFi Education • 1978 implied HN points • 30 Jun 21
🔮 Crypto Investing
  1. Having users is really important for a project's value. A company that has a lot of users is usually seen as more successful, even if it's not making money yet.
  2. Sales and profits are not the same thing. Just because a company makes a lot of sales doesn't mean it's actually earning money after paying all its costs.
  3. Quick valuation methods, like comparing sales and earnings, can help you understand a project’s worth. However, you should also consider user growth and how the project makes money.

Letter #153: Susan Li (2023)

A Letter a Day • 117 implied HN points • 06 Feb 24
💼 Business Investing
  1. Meta CFO Susan Li discussed the strong Q2 results, digital ad spending, AI investments, and future ambitions during an interview.
  2. AI investments have positively impacted engagement and revenue growth on Meta's platforms.
  3. Meta's new app 'Threads' is focused on user experience first before considering monetization.