What Nancy Tengler is saying
CEO & CIO, Laffer Tengler Investments
5 dated public stances tracked since 2026-04-20, most recently 2026-04-20. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Nancy Tengler's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Nancy Tengler is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
Returns 90d -7.5% (n=6)
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances.
Most-argued themes
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-04-20
SOFTWARE STOCKS
owns
Bill Miller · video
The narrative that AI would eliminate software was overblown, compressing valuations to cheap or dirt-cheap levels that have created a buying opportunity supported by strong Q1 fundamentals
“we had added to uh software. That that feels pretty good right now”
Oil Surges After Iran Strait Closure | Open Interest 4/20/2026
2026-04-20
GEV
owns
Bill Miller · video
Data center and electrical grid build-out driven by AI and energy security creates durable capex demand for power infrastructure companies, making GE Vernova a core holding
“what we've been doing recently is adding to names like GE Vernova”
90d +9.0%
Oil Surges After Iran Strait Closure | Open Interest 4/20/2026
2026-04-20
ETN
owns
Bill Miller · video
Eaton benefits from sustained spending on data center power and electrical grid infrastructure as AI buildout and energy security concerns drive capex
“the data center and electrical grid names so power Eaton GE Vernova. Those are names that we hold pretty significant positions in”
90d -1.3%
Oil Surges After Iran Strait Closure | Open Interest 4/20/2026
2026-04-20
ULTA
owns
Bill Miller · video
Consumer discretionary is an overweight given tailwinds from tax refunds and potential energy rebates for consumers, with Ulta added as beauty demand rebounds
“Consumer discretionary is another overweight so we added to Ulta and TJ Max recently”
90d -14.7%
Oil Surges After Iran Strait Closure | Open Interest 4/20/2026
2026-04-20
TJX
bullish
Bill Miller · video
Consumer discretionary overweight with discount retail positioned to capture value-seeking behavior as consumers adjust spending amid elevated energy costs
90d -2.2%
Oil Surges After Iran Strait Closure | Open Interest 4/20/2026
Idea Scout Weekly
Every Sunday: who said what across the tape we track —
845 voices, 2,419 episodes and articles —
with side-flips and points of disagreement called out. Free.
How we track it.
Free · double opt-in · unsubscribe in one click
Newest stances reach Brief subscribers first; these pages update on a one-week lag.