P/S ratio on S&P 500 stocks still below 2021 highs...but above 2000

Since 1990, the S&P 500 was higher a year after an all-time high 82.4% of the time and up an average of 13.5% over that one year

Retail stock trading has already passed 2021 highs

But I was told stake rate would decline as yields went down bc you would only be doing it out of "charity"

You only get into crypto if you like gambling, and the current crop of most managers were just the right side of the distribution for a while but math says you dont stay there forever... Same in tradfi tbh. Persistence of top-performing managers over most 5 year periods is ~6%

ETH Treasury Companies so far 59 companies ~$9B ~2.3M ETH Much more coming Source: strategicethreserve dot xyz

crypto people every time we're a few months into a bull run

How uninformed professional finance people are about the best performing asset class of the last 15 years literally blows my mind

Just reading about this ETH thing. Seems promising.

Not going to retire, just going to be a permanent podcast guest. Sorry gents.