From FOMO to FUD: Rapidly Changing Sentiment In Q1

Cody Willard, Bryce Smith

17 Apr 2025 — 7 min read

As you may have seen in Discord, there will be no Live Q&A Chat this week given the short trading week. We'll be back to our regular schedule (Wednesdays at 12:00pm ET next week).

"It is not in the stars to hold our destiny but in ourselves." - William Shakespeare

“Businesses, as well as individuals with desired talents, however, will usually find a way to cope with monetary instability as long as their goods or services are desired by the country’s citizenry.” - Warren Buffett in his 2024 letter to shareholders

I'm sharing an edited and shortened version of the first quarter review letter we sent out to our hedge fund partners this week.

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Where We'd Buy More Spreadsheet

Get a snapshot on the market, and what Cody thinks of the current setup. Since updates come out often, check this page for the latest posts.

Our Models Prove It: AI Is Already The American Economy's Superman

There is a lot of FUD (fear, uncertainty, and doubt) surrounding The AI Revolution and the American economy more broadly right now. The many bearish macro themes dominating headlines these days – including tariffs, end of U.S. hegemony, collapsing dollar, recession, DOGE cuts, etc. – has resulted in a big pullback

Trade Alert: Staying On Our Toes

Bryce here. As Cody often reminds us, if you were losing sleep when things were down big on Monday or a couple weeks ago when people were panicking about another Black Monday or last week when people were predicting a New World Order wherein the USA would be on an

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Tariffs, Trump, Cybertrucks, Cody for President, And Much More

Where We'd Buy More Spreadsheet

Our Models Prove It: AI Is Already The American Economy's Superman

Trade Alert: Staying On Our Toes