POLL CLOSED - 722 votes in! Here’s where my followers are putting their net new monthly contributions: Equities - 31.2% Gold/Silver/Metals - 26.5% Bonds - 23.7% Oil/Commodities - 18.7% Main takeaway: - Equities squeaked out the win, but nearly 70% went to gold, bonds & commodities combined. This shows a clear defensive and diversified mindset even in a running bull market - lots of hedging going on! Important context: My followers are generally more well-informed & experienced retail investors, so this cautious mix probably doesn’t represent the broader public (who I suspect are still close to 100% equities right now). Comments also noted: Cash, Treasuries, Bitcoin & “mattress money” dominated the replies.

美国制造商生产成本指数录得2022年以来最高涨幅，这通常意味着商品价格将会提升。

虽然铜的战略储备一直在拉升，价格却还没有特别大的突破🤔

Jim Simons, one of my personal heroes. For those who don't know, Jim started as a mathematician who founded Renaissance Technologies, using data, math, and algorithms instead of predictions or narratives. His flagship Medallion Fund averaged roughly 66% gross (39% net) annual returns for DECADES! Still to this day one of the greatest records in investing history. Simons proved that systematic, emotion-free investing beats gut instinct, turning math into billions. Jim Simons’ net worth is estimated at $35 billion, putting him among the richest hedge fund founders ever and nearly all of it came from Renaissance Technologies’ Medallion Fund, which was so successful it was eventually closed to outside investors. In this awesome clip he provides an overview of some of the approach his firm including taking advantage of "anomalies in the market" that they took advantage of through quantitative algorithmic strategies. Some examples include "Betting on the trend" for example in the commodities space. He highlights: - "Prediction is not the only part", you've got to "now what your costs are, also are you going to move the market" - "Have to understand how to minimize the volatility of the whole assembly of the positions you have" - "this takes fairly sophisticated mathematics" - "we have over a 100 phd working for them" - "my whole thing is you get smart people together" Common Sense Tips: 1. Risk management is everything - Position sizing, diversification, and controlling volatility matter more than being right. Most blow-ups come from bad risk, not bad ideas. 2. Remove emotion from decisions Fear and greed destroy returns. The more rules-based and boring your approach, the better your long-term results. 3. Costs quietly kill your performance. - Fees, spreads, taxes, and overtrading matter far more than most retail investors realize, the same was even more important for Jim's firm. 4. You don’t need genius, you need discipline. - Retail can’t run quant models, but they can avoid hype, stick to a plan, and manage risk!

这样的数据，可能会引发大家进行滞涨的交易。 金属、防御股和大宗商品可能又会变香饽饽。 https://t.co/a9FxzskEez

Markets were expecting a tariff-impacted hot CPI print today but they were dead wrong The next few months will see a choppy environment for all assets, including commodities, as the debate between “AI kills everything and deflationary” vs “Trump/Takachi are reflationary” intensifies

美国正在飞速建立铜资源储备，等庄家建好仓就要开始疯狂拉升了。

得观察一下都是些什么金属

我认为随着大宗商品的普遍上涨，可能会带来前所未有的通胀。不过这件事情可能发生在明年，我先Mark一下。

铜也起来了😭 https://t.co/l97bIk6rCK

The deficit of Copper is huge and growing.

这是我们未来的金属。 https://t.co/OF6JYKGLqr