BigBrainAlpha retweeted
Imagine when this bull market eventually ends (I’m not predicting that it will happen soon) we return to a period in which value stocks outperform growth stocks.
According to Fama-French data, growth stocks outperformed in 8 of the 13 years from 1926 to 1939, before value stocks dominated for the majority of the next 70 years.
I can’t imagine value outperforming for the NEXT SEVEN DECADES of my career. But for market participants starting out in 1939, that was the exact environment they had to navigate.
One of the big drivers for a change like this is likely higher interest rates.
BigBrainAlpha retweeted
A classic chart to counter the wisdom of crowds idea. US Americans are absolutely clueless about how common things are. They think over a quarter of Americans are Native Americans, one in five Americans is transgender, over a quarter of the population are Muslim, one in five households earn over half a million dollars. The right answer to all of these questions is 1%. They build their worldview on totally incorrect assumptions towards reality. Data literacy matters.
BigBrainAlpha retweeted
The GRU hacked into Jared Kushner's iPhone. Dutch military intelligence (MIVD) then recruited a GRU spy who gave them access to the hacked phone. What MIVD discovered was that Kushner had access to two bank accounts --one Azerbaijani, the other Israeli --where Saudi Crown Prince Mohammed bin Salman and Emirati ruler Mohammed bin Zayed deposited money. It sounds like a slightly far-fetched episode of "Slow Horses," but it's real. And it proves just how eye-poppingly corrupt this administration was and continues to be as its "special envoy" decides the fate of tens of millions in Europe in the Middle East. Simply incredible reporting by Matthew Cole, drawn from his new book on Kushner. vanityfair.com/story/jared-k…
BigBrainAlpha retweeted
The cyclical bull market has taken the nominal S&P 500 price index 113% higher since the October 2022 low (127% in total return), while the inflation-adjusted price index has gained 93%. The equal-weighted S&P 500 price index (SPW) lags far behind, producing a rather meh real gain of 47%. This is well-below average and a reminder that this bull market would be far less glamorous were it not for the mega caps.
BigBrainAlpha retweeted
People who drank more coffee had less body fat, less visceral fat, and more lean mass than less-frequent or non-drinkers.
The biggest benefit was seen at 5 or more cups per day.
And for men, every extra cup per day was associated with a ~10 ng/dL higher total testosterone. Higher coffee intake was also associated with better glucose and insulin regulation in men.
This was an observational study, but mechanistic and experimental evidence actually supports coffee's benefits on metabolic and hormonal health. I'm willing to believe there's a real link here rather than draw a conclusion such as "coffee drinkers live healthier lives in general."
BigBrainAlpha retweeted
Before the Panic of 1907, before J.P. Morgan had to step in and save the NYSE when it ran out of cash, there was the 161.8% Fibonacci extension of the previous decline.
BigBrainAlpha retweeted
This chart as originally created is missing important context. So I added it, in red.
BigBrainAlpha retweeted
Imagine having this indicator 10 years ago 🫢
🔸 Tops + Bottoms
🔸 Next ATH Breakout
#Bitcoin AO 📍
xitter.cf/i/broadcasts/1AGRnnOoe…
BigBrainAlpha retweeted
Look at the number of salmon at Brooks falls
Bears are fattening up!
youtube.com/watch?v=EwTH5yY7…
BigBrainAlpha retweeted
“The winners in the stagflationary 1970s”
This is the only piece of research I printed and kept over last couple of years (there’s even a coffee stain there).
Obvious that long skew has to be towards Energy, Real Estate and Value
BigBrainAlpha retweeted
Replying to @YoYoMaMa2001 @AdithiaKusno
BigBrainAlpha retweeted
This pattern of 15 good(ish) years (white portion of the box) followed by 15 years when you had better be a market timer (yellow portion) has worked all the way back to the 1830s. The next yellow box starts about now.
𝗜𝘀 𝘁𝗵𝗲𝗿𝗲 𝗮 𝗿𝗵𝘆𝘁𝗵𝗺 𝘁𝗼 𝗴𝗼𝗼𝗱 𝗮𝗻𝗱 𝗯𝗮𝗱 𝗱𝗲𝗰𝗮𝗱𝗲𝘀 𝗳𝗼𝗿 𝘀𝘁𝗼𝗰𝗸𝘀?
@Finaeon's Bryan Taylor lays out a 30-year cycle running through the last century of US market returns:
• 𝗗𝗼𝘂𝗯𝗹𝗲-𝗱𝗶𝗴𝗶𝘁 𝗱𝗲𝗰𝗮𝗱𝗲𝘀: 1920s, 1950s, 1980s, 2010s
• 𝗣𝗼𝗼𝗿 𝗱𝗲𝗰𝗮𝗱𝗲𝘀: 1940s, 1970s, 2000s (two vicious bear markets)
• 𝗙𝗼𝗹𝗹𝗼𝘄 𝘁𝗵𝗲 𝗽𝗮𝘁𝘁𝗲𝗿𝗻 → the 2040s look strong
• 𝗦𝗮𝗺𝗲 𝗽𝗮𝘁𝘁𝗲𝗿𝗻 → the 2030s do not bode well
"If you follow that logic, the 2040s are going to provide great returns."
youtu.be/6gK1_b6jFLc?si=oRj4…
Paul Tudor made $100M in one day, Stan Druckenmiller made 1 trade that broke the Bank of England
on one RobinHood stage two $10B+ hedge fund CEOs gave a 30-minute trading masterclass
completely free - two of the greatest traders in history will show you the most important rules of trading
bookmark & watch - this is better than any paid course from fake traders
JPMorgan CEO rejected Lehman Brothers offer to be CEO - he knew the bank would collapse in 2 months with $600B in debt
38-min lecture from a young Jamie - to understand how he predicted every global crisis before it happened
- filmed in 2008 while Lehman Brothers was still alive - he already knew exactly what was coming
watch and save - one of his first public lectures, recorded at the Economic Club 10 years after Sandy Weill fired him from Citigroup
BigBrainAlpha retweeted
A Norwegian neuroscientist spent 20 years proving that the act of writing by hand changes the human brain in ways typing physically cannot, and almost nobody outside her field has read the paper.
Her name is Audrey van der Meer.
She runs a brain research lab in Trondheim, and the paper that closed the argument was published in 2024 in a journal called Frontiers in Psychology. The finding is brutal enough that it should have changed every classroom on Earth.
The experiment was simple. She recruited 36 university students and put each one in a cap with 256 sensors pressed against their scalp to record brain activity. Words flashed on a screen one at a time.
Sometimes the students wrote the word by hand on a touchscreen using a digital pen, and sometimes they typed the same word on a keyboard. Every neural response was recorded for the full five seconds the word stayed on screen.
Then her team looked at the part of the data most researchers had ignored for years, which is how different parts of the brain were communicating with each other during the task.
When the students wrote by hand, the brain lit up everywhere at once.
The regions responsible for memory, sensory integration, and the encoding of new information were all firing together in a coordinated pattern that spread across the entire cortex. The whole network was awake and connected.
When the same students typed the same word, that pattern collapsed almost completely.
Most of the brain went quiet, and the connections between regions that had been alive seconds earlier were nowhere to be found on the EEG.
Same word, same brain, same person, and two completely different neurological events.
The reason turned out to be something nobody had really paid attention to before her work. Writing by hand is not one motion but a sequence of thousands of tiny micro-movements coordinated with your eyes in real time, where each letter is a different shape that requires the brain to solve a slightly different spatial problem.
Your fingers, wrist, vision, and the parts of your brain that track position in space are all working together to produce one letter, then the next, then the next.
Typing throws all of that away. Every key on a keyboard requires the exact same finger motion regardless of which letter you are pressing, which means the brain has almost nothing to integrate and almost no problem to solve.
Van der Meer said it plainly in her interviews.
Pressing the same key with the same finger over and over does not stimulate the brain in any meaningful way, and she pointed out something that should scare every parent who handed their kid an iPad.
Children who learn to read and write on tablets often cannot tell letters like b and d apart, because they have never physically felt with their bodies what it takes to actually produce those letters on a page.
A decade before her, two researchers at Princeton ran the same fight using a completely different method and ended up at the same answer. Pam Mueller and Daniel Oppenheimer tested 327 students across three experiments, where half took notes on laptops with the internet disabled and half took notes by hand, before testing everyone on what they actually understood from the lectures they had watched.
The handwriting group won by a wide margin on every question that required real understanding rather than surface recall.
The reason was hiding in the transcripts of what the two groups had actually written down.
The laptop students typed almost word for word, capturing more total content but processing almost none of it as they went, while the handwriting students physically could not write fast enough to transcribe a lecture in real time, which forced them to listen carefully, decide what actually mattered, and put it in their own words on the page.
That single act of choosing what to keep was the learning itself, and the keyboard had quietly skipped the choosing and skipped the learning along with it.
Two studies. Two countries. Same answer.
Handwriting makes the brain work. Typing lets it coast.
Every note you have ever typed instead of written went into your brain through a thinner pipe. Every meeting, every book highlight, every idea you captured on your phone instead of on paper was processed at half depth.
You did not forget those things because your memory is bad. You forgot them because typing never woke the part of the brain that would have made them stick.
The fix is the thing your grandmother already knew.
Pick up a pen. Write the thing down. The slower road is the faster one.
BigBrainAlpha retweeted
Cathie Wood might be the most expensive lesson retail investors have ever paid for.
Her flagship ARK Innovation ETF is down 23% in the last 5 years.
The S&P 500 is up 77% over the same period.
She has underperformed the index by 100 percentage points.
And she has done it while collecting BILLIONS in management fees.
A quick reminder of the highlight reel:
– She predicted Tesla would hit $3,000 per share by 2025. It is currently $432.
– She predicted Tesla revenue would hit $234 to $367 billion in 2025. The actual number came in under $100 billion.
– She made Teladoc her single largest position around $80 per share. It trades at $7 today.
– She loaded up on Zoom near $300. It trades at $110.
– She dumped almost her entire Nvidia position in January 2023 around $20 per share. Nvidia is now at $220, which means she sold the single greatest stock of this generation right before it 10x’d.
Morningstar officially labeled the ARK family of funds a “value destroyer,” noting that her funds lost roughly $14 billion in shareholder value from 2014 to 2024.
But here’s the part nobody talks about:
ARK Investment Management has been one of the most profitable asset managers of the last decade.
Wood has personally made tens of millions in fees while her investors have collectively lost real money.
This is the part of Wall Street most retail investors do not understand.
You’re not paying for performance, you’re paying for marketing.
The people who win are the ones running the fund, not the ones holding it.
This Friday, May 15, every fund managing over $100 million is legally required to disclose their Q1 2026 trades to the SEC.
We will be breaking down EVERY major filing right here the moment they drop.
Follow us with notifications before it’s too late.
If you don’t follow us, you might regret it.

































