c8alpha Idea Scout — Week of 2026-05-31

The most pointed consensus to emerge this week isn't about equities or rates — it's a coordinated attack on private credit, with Ben Felix, Chris Whalen, and Jim Bianco all independently flagging Ares Capital as a short at a moment when retail investors are still piling into the asset class as a yield substitute. Whalen and Bianco doubled down by also shorting long-duration Treasuries via TLT, a position that implies they see no flight-to-safety bid rescuing bond bulls even if credit cracks. On the single-name side, Patrick Boyle — running a 10.2% hit rate over the past 90 days across 15 calls — pressed shorts on both TSLA and the SPAC ETF SPCX, a pairing that reads as a clean expression of speculative-froth exhaustion. Against that defensive posture, Mohnish Pabrai went the other direction entirely, adding to or initiating longs in AMZN, COST, BRK, and the smaller RESA, leaning into quality compounders while others reach for the exits. Dan Loeb rounds out the long book with NVDA and X, though his 90-day track record on recent calls sits at a modest 0.6%, making Pabrai the more credible bull in the room this week.