I'm tired of the fakers.
I'm tired of the posers.
I'm tired of watching people with a million followers say absolutely NOTHING and get paid handsomely for it.
Everyone's a Fed expert today. Last month everyone was a shipping expert. Before that everyone was an energy expert.
But NOBODY ever puts an actual recommendation on the board.
The difference between them and me is that I put a name, a date and a price on it and then I live with it in public. Our CoreWeave short is down roughly 35% in a month. We called SpaceX at 145 on the way down and it's near 115 now. One pick from last week's conference is already up 18%.
I always tell people: Hate me if it makes you feel better but you cannot argue with a printed price.
Liquidity is contracting. Real yields are rising.
The wheels are coming off the AI trade.
The margin of safety is zero and the market is barely down from its highs.
I just wanted to get this video out because I genuinely believe this is extremely important and worth your time.
If you want to know where I'm putting my money right now then feel free to join our Noble Update Founding Member plan to get weekly stock picks, honest insights on the market, and exclusive access to every upcoming conference this year.
Plus, if you want your weekly edge in ideas, people and trends, I highly suggest you sign up to The Pod Street Week where my team and I distill the most valuable conversations each week into actionable, investment focused summaries and frameworks:
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit georgenoble.substack.com/subscribe
