A Tale of Two Earnings
This week we discuss Facebook and Spotify earnings, illustrate the carnage in the S&P 500, and poke fun at Jim Cramer.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth newsletter, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
A Tale of Two Earnings: In this week’s post we discuss how the market reacted to Facebook and Spotify’s earnings in similar fashion, when the actual results and posture of management couldn’t be more different. Click here to read our take.
Farrer Fun Fact
Carnage: It’s been a total route of the market during the first month of the year, unless you owned energy stocks. (source: somewhere from Twitter)
Articles and Videos of the Week
This investor letter from Bronte Capital had a fascinating section (Page 7 onward) on when to average down. Its not as straightforward as dollar-cost-averaging fans would believe.
Is it 1999? This blog post hints that it might just be, and if so, hold on to your tech horses.
A former Aramco EVP went on CNBC to discuss the energy crisis and how limited supply capacity and a lack of inventory could keep oil prices high for a while (a bit dated, but sill relevant). Watch the short clip here.
If you can, invest in the inverse Jim Cramer ETF. Not investing advice - but nor is his ;)
We didn’t have a chance to discuss Amazon earnings, but this twitter thread summarizes it quite well.
Just a quick note, going forward we will be focused on quality over quantity. Thus, rather than send this newsletter out fortnightly we will do so when we have something worth saying. That said, we will endeavor to send this newsletter out at least once a month. As always, thank you for subscribing and reading, it really means a lot.