Research only. Aggregates public statements from canonical investors (podcasts, interviews, 13F filings). Not a trading signal, not a recommendation.
Themes where at least 3 speakers landed on the same side in the last 14 days, with no more than one voice against. This is the week’s news — where agreement formed or hardened. A theme tagged standing 90d was already near-unanimous before this week, so the fresh voices are joining a crowded trade rather than starting one.
| Theme | Proxy | Direction | Speakers | Who & where |
|---|---|---|---|---|
| GOLD standing 90d | GLD | BULLISH | 13 (1 dissenter) | Brent Johnson (Brent Johnson), Danielle Dimartino Booth (Danielle DiMartino Booth), Darius Dale (Macro Voices), Felix Jauvin (Forward Guidance), Felix Quinn (Forward Guidance), Grant Williams (Wealthion), Jason Trennert (Stanley Druckenmiller), Jonathan Wellum (Wealthion), Lacy Hunt (Lacy Hunt), Luke Gromen (Luke Gromen), Michael Howell (Michael Howell), Quinn Thompson (Forward Guidance), Raoul Pal (Raoul Pal) |
| BITCOIN | BTC-USD | BULLISH | 7 (1 dissenter) | Darius Dale (Macro Voices), Felix Jauvin (Forward Guidance), Jason Trennert (Stanley Druckenmiller), Quinn Thompson (Forward Guidance), Raoul Pal (Raoul Pal), Tom Lee (Fundstrat) (Tom Lee), Tony Edward (Paul Tudor Jones) |
| SPX | SPY | BULLISH | 6 (1 dissenter) | Chris Galipeau (Wealthion), Darius Dale (Macro Voices), Ed Yardeni (Wealthion), Jenny Harrington (Gilman Hill) (CNBC Fast Money Final Trade), Julian Emanuel (CNBC Fast Money Final Trade), Luke Gromen (Luke Gromen) |
| USTS | IEF | BULLISH | 4 (1 dissenter) | Ben Carlson (A Wealth of Common Sense (Ben Carlson)), David Rosenberg (Wealthion), David Woo (Wealthion), Ed Yardeni (Wealthion) |
| OIL | USO | BULLISH | 3 | David Woo (Wealthion), Patrick Ceresna (Macro Voices) (Macro Voices), Quinn Thompson (Forward Guidance) |
| SILVER standing 90d | SLV | BULLISH | 3 | Jonathan Wellum (Wealthion), Luke Gromen (Luke Gromen), Quinn Thompson (Forward Guidance) |
Every name above has a receipt — the interview, the date, the quote. Those ride in The Brief, the daily edition.
Themes with ≥3 speakers on each side. The split itself is the signal — the fault line between camps often reveals more than the count does.
LONG_DUR_TREASURIES (TLT) — 5 LONG vs 7 SHORT
LONG: Ben Carlson (The Compound), Chris Whalen (Julia La Roche Show), David Freeberg (All-In Podcast), Harry Dent (Julia La Roche Show), Jason Trennert (Stanley Druckenmiller)
SHORT: Darius Dale (Macro Voices), David Rosenberg (David Rosenberg), Lacy Hunt (Lacy Hunt), Michael Howell (Michael Howell), Nick Colas (The Compound), Patrick Boyle (Patrick Boyle), Raoul Pal (Raoul Pal)
NVDA (NVDA) — 7 LONG vs 3 SHORT
LONG: Ankur Crawford (The Big Picture (Ritholtz)), Chris Roland (CNBC Fast Money Final Trade), David Sacks (All-In Podcast), Gene Munster (CNBC Fast Money Final Trade), Guy Adami (RiskReversal) (CNBC Fast Money Final Trade), Neil Movva (Invest Like the Best), Rob Sechan (NewEdge Wealth) (CNBC Fast Money Final Trade)
SHORT: Ben Thompson (Invest Like the Best), Ed Zitron (The Compound), Joachim Klement (Klement on Investing)
The weekly view shows what changed; this shows where the crowd stands. Every speaker's most recent statement in the last 90 days, one stance per person. The fault lines here run deeper than any single week.
| Theme | Split | Leans | Bullish | Bearish |
|---|---|---|---|---|
| SPX | 20–16 | BULLISH | Chris Galipeau, Julian Emanuel, Jenny Harrington (Gilman Hill), Luke Gromen +16 | Nick Colas, Michael Howell, Steve Hanke, Jeff Snider +12 |
| USTS | 14–15 | BEARISH | Ben Carlson, David Rosenberg, David Woo, Ed Yardeni +10 | Nick Colas, Michael Howell, Lyn Alden, Louis Vincent Gave +11 |
| NVDA | 20–10 | BULLISH | David Sacks, Guy Adami (RiskReversal), Gene Munster, Chris Roland +16 | Ed Zitron, Joachim Klement, Ben Thompson, Phil Town +6 |
| LONG_DUR_TREASURIES | 9–21 | BEARISH | David Freeberg, Ben Carlson, Jason Trennert, Chris Whalen +5 | Patrick Boyle, Nick Colas, Michael Howell, Lacy Hunt +17 |
| BITCOIN | 16–9 | BULLISH | Felix Jauvin, Jason Trennert, Tom Lee (Fundstrat), Quinn Thompson +12 | Michael Howell, Lyn Alden, Jim Chanos, Ray Dalio +5 |
| USD | 9–10 | BEARISH | Brent Johnson, Hugh Hendry, Kamakshya Trivedi, Michael Cembalest +5 | Felix Jauvin, Luke Gromen, Darius Dale, Jeffrey Gundlach +6 |
Where the crowd already stands, measured over the full 90 days — not this week’s news. A theme tagged + new this week is still drawing fresh voices; the untagged ones have been settled for a while and added nobody in the last 14 days.
GOLD BULLISH (37 for, 4 against) + new this week · ENERGY BULLISH (27 for, 1 against) · INDUSTRIALS BULLISH (15 for, 0 against) · GOOGL BULLISH (12 for, 2 against) · META BULLISH (12 for, 2 against) · COPPER BULLISH (10 for, 2 against) · SILVER BULLISH (11 for, 1 against) + new this week · AMZN BULLISH (10 for, 0 against)
The hardest signal to fake: a public reversal. Direction changes that landed in the last 90 days, with how long the prior view stood.
| Speaker | Theme | Was | Now | Held prior view |
|---|---|---|---|---|
| Chris Bloomstran | BRK | BULLISH (2026-04-25) | BEARISH (2026-06-29) | 1,804d |
| Ray Dalio | BITCOIN | BULLISH (2025-01-28) | BEARISH (2026-07-30) | 1,733d |
| Tom Russo | HEINY | BEARISH (2021-10-13) | BULLISH (2026-06-02) | 1,693d |
| Pat Dorsey | META | BEARISH (2022-03-13) | BULLISH (2026-07-06) | 1,576d |
| Chris Bloomstran | AAPL | BEARISH (2023-12-04) | BULLISH (2026-06-29) | 1,541d |
| Lacy Hunt | LONG_DUR_TREASURIES | BULLISH (2026-04-13) | BEARISH (2026-07-28) | 1,040d |
| Jeremy Grantham | USTS | BEARISH (2023-09-06) | BULLISH (2026-06-25) | 1,023d |
| Lyn Alden | USTS | BULLISH (2025-11-18) | BEARISH (2026-08-09) | 985d |
Single calls, not a crowd measurement — each row is ONE speaker’s specific-ticker call, featured because that speaker’s prior 90d record is positive (mean signed return > 0 across n≥3 matured prior calls). Each pick is fresh; its own result is still maturing (date shown). Not part of any consensus or divergence theme above.
| Speaker (prior 90d) | Call | Thesis |
|---|---|---|
| David Sacks +20.0% · 86% hit · n=7 | LONG CRM | result matures 2026-11-27 The SaaS apocalypse narrative was indiscriminate and wrong — core systems of record like CRM won't be ripped out because enterprises need compliance, certainty, and decades of bug-proofed software, an (All-In Podcast) |
| Joel Greenblatt +10.1% · 75% hit · n=8 | LONG VTV | result matures 2026-11-27 After a long multi-year period of underperformance, low-price-book/price-sales value stocks in the Vanguard Value ETF represent a relative bargain versus the broader S&P 500 today. (Joel Greenblatt) |
| Jonathan Wellum +8.8% · 72% hit · n=132 | LONG SII | result matures 2026-11-19 Sprott Inc. is the parent of a growing suite of commodity ETFs and earns fee-based revenue across the entire commodity spectrum, making it a diversified, lower-risk play on the commodity cycle versus (Wealthion) |
| Cathie Wood +7.9% · 56% hit · n=77 | LONG PLTR | result matures 2026-11-16 Platform-as-a-service players like Palantir sit in the tier of the AI tech stack that will displace legacy SaaS because enterprises can train on proprietary data they won't share, creating a winner-ta (Cathie Wood) |
| Cathie Wood +7.9% · 56% hit · n=77 | SHORT DRAM | result matures 2026-11-16 Memory is the most cyclical and commoditized segment of the semiconductor food chain, inference-focused chip startups (Cerebras, Groq) are actively engineering out the need for high-bandwidth memory, (Cathie Wood) |
| Barry Ritholtz +4.7% · 100% hit · n=3 | LONG TIPS | result matures 2026-11-23 Sticky inflation driven by tariffs and war makes inflation-protected bonds attractive as yields have risen materially from near-zero (The Big Picture (Ritholtz)) |
| Chamath Palihapitiya +3.8% · 54% hit · n=50 | LONG CRM | result matures 2026-11-27 Horizontal SaaS monoliths like Salesforce are systems of record that AI agents require as canonical data sources, giving them a durable structural role in the AI era — and the stock was meaningfully o (All-In Podcast) |
| Joe Terranova (Virtus) +0.7% · 48% hit · n=33 | LONG HOOD | result matures 2026-11-17 Robinhood has matured beyond a crypto proxy into a real financial services company with 32% revenue growth, 48% EPS growth, and the next generation of investors embedded in its ecosystem (Tom Lee) |
| Joe Terranova (Virtus) +0.7% · 48% hit · n=33 | LONG ANET | result matures 2026-11-17 Arista is a core holding participating in AI networking with accelerating revenue growth that has continued to perform well over a long holding period (Tom Lee) |
| Brent Johnson +0.6% · 62% hit · n=32 | LONG T | result matures 2026-11-19 A 20% cash allocation in T-bills (~4% yield) preserves dry powder to buy distressed assets during a credit crunch rather than being forced to sell at the worst time, with the option value of that liqu (Brent Johnson) |
Multi-leg views — pairs, hedges, spreads, baskets — each from ONE speaker. A relationship or hedged trade rather than a naked direction, so these are tracked separately from the consensus tallies above. Research only.
| Speaker | Type | Structure | Horizon | Thesis |
|---|---|---|---|---|
| Chris Galipeau | BASKET | LONG BANKS (KBE) / LONG BANKS (KBE) / LONG GS / LONG C / LONG WFC | months | Large US bank earnings have beaten expectations for six consecutive quarters and Q2 is off to a very good start, signaling durable consumer and credit health that should support bank stock valuations (Wealthion) |
| Raoul Pal | BASKET | LONG BITCOIN (BTC-USD) / LONG ETH / LONG SOL | months | Bitcoin, Ethereum, and Solana have simultaneously printed rare monthly DeMark exhaustion signals plus weekly accumulation patterns, signaling the distribution phase has ended and an upward reversal is (Raoul Pal) |
| David Bahnsen | PAIR | LONG ENERGY (XLE) / SHORT CONSUMER DISCRETIONARY SECTOR | multi-year | Energy companies pay sustainable dividends through commodity cycles while consumer discretionary revenue is too fickle to support durable dividend growth, justifying a persistent sector tilt long ener (The Big Picture (Ritholtz)) |
| Julian Emanuel | BASKET | LONG MCD / LONG PEP | months | Negative beta stocks like MCD and PEP that correlate inversely to the S&P day-in/day-out deliver index-like returns while providing diversification away from the AI-trade concentration that now domina (CNBC Fast Money Final Trade) |
| Tom Lee (Fundstrat) | RATIO | LONG ETH / SHORT BITCOIN (BTC-USD) | multi-year | ETH flipping Bitcoin's market cap is a plausible multi-year outcome driven by institutional tokenization and AI settlement demand concentrating on Ethereum, implying ETH significantly outperforms BTC (Tom Lee) |
| Chris Whalen | BASKET | LONG MORTGAGE_REITS (REM) / LONG MORTGAGE_REITS (REM) | unstated | Annaly and AGNC offer meaningfully higher yield than Treasuries, which are below inflation, making mortgage REITs the preferred yield vehicle — Whalen currently owns both (Julia La Roche Show) |
| Josh Brown (Ritholtz) | BASKET | LONG DELL / LONG HPE / LONG ANET / LONG MRVL / LONG AVGO / LONG GEV / LONG ETN / LONG VRT / LONG MU / LONG AMD | weeks | Nvidia's guidance on 2027-2028 AI capex on the earnings call will move hundreds of AI infrastructure stocks regardless of NVDA's own muted price reaction, because Jensen Wang functions as the de-facto (CNBC Fast Money Final Trade) |
| Luke Gromen | RATIO | SHORT LONG_DUR_TREASURIES (TLT) / LONG GOLD (GLD) | multi-year | TLT has already lost 90–95% against gold since 2014 as Treasury and the Fed have been forced toward yield curve control and real-rate suppression; the identical dynamic has another 90–95% run remainin (Luke Gromen) |
| Luke Gromen | RATIO | LONG GOLD (GLD) / SHORT SPX (SPY) | multi-year | S&P 500 is already down ~30% against gold since 2022 and ~50% since 2000; as gold re-integrates into the monetary system as the largest FX reserve component and AI-era equity valuations reach extreme (Luke Gromen) |
| Quinn Thompson | HEDGE | SHORT BIG_TECH (QQQ) / LONG GOLD (GLD) | months | Shorting NASDAQ without long inflation protection fails in a debasement regime because nominal prices rise even as real purchasing power falls; the trade requires pairing the tech short with hard-asse (Forward Guidance) |
| Brent Johnson | PAIR | LONG SPX (SPY) / SHORT INTERNATIONAL_DEV (VXUS) | multi-year | Dollar milkshake capital flows concentrate in the US, making US equities likely to outperform EM and international developed equities on a risk-adjusted basis because EM carries embedded currency risk (Brent Johnson) |
| Joachim Klement | BASKET | LONG DELL / LONG AAPL | multi-year | As SLMs shift AI compute from cloud data centers to local endpoint devices, desktop PC manufacturers—not hyperscalers or GPU makers—become the true AI capex beneficiaries (Klement on Investing) |
Top speakers by 90d mean signed return (n≥3). Long/short-aware. Refreshed each memo run — corpus expands, numbers move.
| Speaker | n₉₀ | Hit | Mean 90d |
|---|---|---|---|
| Caitlin Long | 3 | 100% | +49.6% |
| Nick Lawson | 5 | 100% | +41.4% |
| Alex Karnal | 3 | 100% | +39.0% |
| Dennis Hong | 5 | 100% | +35.7% |
| Megan Leonard | 3 | 100% | +35.2% |
| Bill Gurley | 3 | 100% | +30.9% |
| Dan Mcmurtrie | 3 | 100% | +30.7% |
| Dylan Leclair | 3 | 67% | +30.4% |
| Capital Flows | 11 | 73% | +29.4% |
| David Morgan | 4 | 100% | +27.5% |
| Pierre Lassonde | 4 | 100% | +26.9% |
| Dan Dolev | 5 | 60% | +25.7% |
| Lawrence Lepard | 3 | 100% | +24.6% |
| Michael Binger | 4 | 50% | +24.1% |
| Trey Reik | 12 | 92% | +22.5% |
From the daily brief, session 2026-08-27. The paid edition carries the full feed every market morning — this is one row of it.
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