Tavi Costa, portfolio manager at Crescat Capital, discusses his outlook on the macroeconomic landscape, mining stocks, and gold with David Lin, Anchor for Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
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Follow Tavi Costa on Twitter: @TaviCosta (https://twitter.com/TaviCosta)
0:00 – Crescat Capital performance
3:50 – Outperforming with mining stocks
6:35 – Long/short strategy
11:20 – Sources of inflation
13:42 – Policies to fight inflation
18:00 – Macro imbalances
19:11 – Stock market outlook
21:30 – Consumer sentiment
22:24 – Asset allocation
24:27 – Tech stocks
25:44 – Equity valuations
27:50 – Mining stocks
#stocks #economy #investing
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31 Comments
As short on the opposite.
Best utility so far in whole crypto space
This Fed is out of his mind, he will destroy this country completely with this type OCD rate hike. Will top leaders stop this moron?
Awesome
around 5:00 min mark…I think you misunderstand Fama's position. I've never heard him say "markets are perfectly efficient at all times".
David it’s all about debt debt debt debt!!
Fed vs fad. Hefty vs hafty. Ten vs tan. Fix that and you've got as good as full marks mate.
Build Back Better writ large.
Notice how all those Biden / Harris bumper stickers
can't be found anywhere anymore…
Why do you lean on Brazil so much as the BRICS banking system is likely to gain strength? If this comes to pass with any legitimacy the US will likely place obaticals between our banking system and theirs
Tavi is the bomb 💣
I appreciate this dude’s analysis. All “if then” and no emotions/hopium.
Why are financial analysts always so shocked when events do not repeat themselves exactly as they happened in the past!? History does not repeat itself.
Fast talking Fund manager claims he’s out-performing the competition. You don’t say?
Excellent interview between two knowledgeable and passionate individuals 👍🏾
More Tavi on Kitco pls. He appears to like knowledge for knowledge's sake first. Then puts that to work in a portfolio. Great combo.
All the dumb and corrupt people seek government jobs and so the nations are sadly governed. When one capable and accomplished man broke into their secret society, like the wicked queen in Snow White, they must smash the mirror that reflects who they are.
That gentleman was excellent..
It’s hard to listening to these silly yanks.
Nothing is black or white, good or bad, interesting or non interesting.
Everything is “kinda” black, kinda white, kinda good, kinda bad, kinda interesting, kinda non-interesting.
So, I have given this video a kinda downvote and I’ll keep kinda downvoting every time a daft yank speaks with compulsive fricking KINDA.
Now kinda piss off, kinda stupid yanks!
@27:13 why does the graph show S&P earnings going up 35% between 2023-2025?, while the talk is about how we're not seeing earnings drop yet?
sell spy and buy spxu …up 8.27% in past 5 days. and going a lot higher.
"When you stop chasing the wrong things, you give the right things a chance to catch you." –Lolly Daskal
There are two types of items that can skew earnings and cause GAAP earnings to be misleading to investors.
Non-Recurring Items: These are non-core sources of income and expenses that are not expected to continue into the foreseeable future (e.g. restructuring charges, one-time write-downs / write-offs, gains on sales).
Non-Cash Items: These refer to items that are related to accrual accounting concepts, such as depreciation and amortization (D&A), as well as stock-based compensation, where no real cash outflow has taken place.
For the average retail investor it is very difficult to distinguish true Non-GAAP earnings from official GAAP earnings which makes stock-picking extremely challenging in this bear market. Therefore it is good to get realistic sector breakdowns from Tavi given his outperformance in his funds this year.
Interview from Sept 14? Old news!
Always following the streams. Be creative
Totally informative and enjoyable. Bring him back.
Tavi is a very sharp guy. Thanks for this enlightening interview!
Wow this was a wealth of information! Great guest!
Even with the economic Inflation😩 I'm very excited to have earned $10,250 on my $4,000 investment every 13 days 😊
The secret in investment is luck, followed by skill. Millennials are clueless never having seen a down turn like 1980
Good Job Tavi!
Smart guy