Investors / stance tracking
What Peter Boockvar is saying
FollowFollowingUnfollowCIO, OnePoint BFG Wealth Partners
45 dated public stances tracked since 2024-08-14, most recently 2026-10-19. 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 Peter Boockvar'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. Peter Boockvar is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
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45
tracked stances
35
themes
1
side flips
2026-10-19
last heard
Returns 90d +1.6% 50% correct · 28 calls · 180d +7.8% 53% correct · 19 calls · 1y +11.1% 58% correct · 19 calls
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. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2026-07-15 | USD | bearish | -2.7% | — | — |
| 2026-07-15 | PEP | bullish | -5.0% | — | — |
| 2026-07-15 | KHC | bullish | -10.5% | — | — |
| 2026-07-15 | GOLD | bullish | +2.5% | — | — |
| 2026-07-15 | BANKS | bullish | -9.0% | — | — |
| 2026-07-10 | USTS | bearish | +3.5% | — | — |
| 2026-07-10 | MU | bearish | -5.8% | — | — |
| 2026-07-10 | MSFT | bearish | -36.0% | — | — |
| 2026-07-10 | ENERGY | bullish | +19.2% | — | — |
| 2025-07-08 | WY | bullish | -3.9% | -5.7% | -11.1% |
| 2025-07-08 | VICI | owns | -1.0% | -12.2% | -15.8% |
| 2025-07-08 | USD | bearish | -1.9% | -3.3% | -8.2% |
| 2025-07-08 | URANIUM | bullish | +38.4% | +37.6% | +17.9% |
| 2025-07-08 | SILVER | bullish | +32.4% | +107.5% | +58.7% |
| 2025-07-08 | O | bullish | +5.6% | +3.5% | +16.1% |
| 2025-07-08 | Long Dur Treasuries | bearish | -4.2% | -3.9% | -2.5% |
| 2025-07-08 | International Dev | bullish | +8.9% | +14.6% | +25.8% |
| 2025-07-08 | ENERGY | bullish | +1.8% | +7.8% | +29.6% |
| 2025-07-08 | Commodities Broad | bullish | +1.4% | +5.6% | +28.7% |
| 2025-07-08 | COLD | bullish | -16.7% | -17.5% | +2.7% |
| 2025-05-30 | SPX | bearish | -10.4% | -16.0% | -30.2% |
| 2025-04-03 | European Equities | bullish | +13.4% | +16.6% | +24.2% |
| 2025-03-01 | short Big Tech / long China Equities | pair | -1.6% | -1.5% | -6.7% |
| 2025-02-08 | GOLD | bullish | +14.3% | +16.7% | +74.0% |
| 2025-02-01 | Big Tech | bearish | +5.5% | -9.3% | -21.5% |
| 2024-12-06 | AIA | bullish | +9.9% | +13.2% | +43.0% |
| 2024-08-14 | SPX | bearish | -10.1% | -12.0% | -20.1% |
| 2024-08-14 | Long Dur Treasuries | bearish | +6.5% | +7.2% | +7.3% |
View flips
Where the tracked view on a theme reversed between appearances — bullish to bearish or back. Dates are the episodes on each side of the turn.
Long Dur Treasuries — bearish2025-07-08 → bullish2026-10-19
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| Long Dur Treasuries | 3 | 1 bullish / 2 bearish | 2026-10-19 | |
| SPX | 3 | 2 bearish / 1 neutral | 2025-07-08 | |
| ENERGY | 2 | 2 bullish | 2026-07-10 | |
| GOLD | 2 | 2 bullish | 2026-07-15 | |
| MACAU CASINO STOCKS | 2 | 2 bullish | 2025-07-08 | |
| PLATINUM | 2 | 2 bullish | 2025-07-08 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-10-19
Long Dur Treasuries
bullish
CNBC (uncut) · uncut_tv
The Economist 'will bonds blow up' cover is a contrarian sentiment signal suggesting the near-term rate spike has run its course, warranting short-term relief in long-end yields despite long-term structural upward pressure from fiscal stress in France, Japan…
“will bonds blow up — that told me maybe this rise in rates in the short term have probably played itself out”
Morning Call — 2026-10-19 (CNBC, full episode, ads cut)
Japanese banks benefit from a steep yield curve where the BOJ keeps short-term rates pinned at just 1% while long-term JGB yields rise, mechanically expanding net interest margins
“banks in Japan continue to rally because you have that very steep yield curve”
90d -9.0%
Peter Boockvar: The AI Spending Bubble Is Cracking
Gold's pullback is a technically-driven rest after a straight-line move, driven by temporarily elevated real rates and a modest dollar bounce — both cyclically transient — while the long-term fiscal deficit and dollar debasement thesis remains fully intact
“I think gold's a buy on this pullback”
90d +2.5%
Peter Boockvar: The AI Spending Bubble Is Cracking
2026-07-15
NAND
bearish
Wealthion · video
Chinese company YMTC is pursuing NAND storage market share aggressively at the expense of margins — the same threat CXMT poses to DRAM — directly targeting Western Digital's and Seagate's elevated gross margins
“your profit margin is my opportunity”
Peter Boockvar: The AI Spending Bubble Is Cracking
Pepsi's post-earnings selloff overstated US consumer weakness while strong international business growth is more than compensating, making the decline a buying opportunity within the broader consumer staples recovery
“their international business is doing great”
90d -5.0%
Peter Boockvar: The AI Spending Bubble Is Cracking
2026-07-15
LONG JPY
bullish
Wealthion · video
The yen is at 40-year lows and fundamentally too cheap; the BOJ will be forced to raise rates more aggressively to address inflation, and Japanese finance ministry encouragement of capital repatriation will drive yen appreciation and reverse current-account…
“the yen is just way, way too cheap”
Peter Boockvar: The AI Spending Bubble Is Cracking
Kraft Heinz is a contrarian long with a new CEO reinvesting in the business, a well-covered generous dividend, dirt-cheap valuation, and extreme sell-side pessimism (only 1 of 22 analysts with a Buy) that sets up a mean-reversion as fundamentals stabilize
“dirt dirt cheap with generous dividend yields”
90d -10.5%
Peter Boockvar: The AI Spending Bubble Is Cracking
2026-07-15
CONSUMER STAPLES STOCKS
bullish
Wealthion · video
Consumer staples have been over-punished on lower-income consumer weakness and volume headwinds; they now trade at very cheap valuations with generous dividends, and international business growth will stabilize earnings as the selloff has gone too far
“I've been loving the consumer staple stocks”
Peter Boockvar: The AI Spending Bubble Is Cracking
The dollar's feeble rally from 97 to 101 despite a massive shift from two expected Fed cuts to one-and-a-half expected hikes reveals structurally limited upside, and the modest bounce will roll over as the rate narrative eventually eases
“I do think the dollar is a sell”
90d -2.7%
Peter Boockvar: The AI Spending Bubble Is Cracking
Chinese DRAM and NAND competitors CXMT and Yangtze Memory Technology are systematically targeting Micron's 85% gross profit margins using China's established market-share-first strategy, repeating the commoditization pattern China has executed in solar, EVs…
“that 85% gross profit margin that Micron has today, they're coming after it”
90d -5.8%
Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's Dominance
Said again: 2026-07-15 (Wealthion)
Hyperscalers are signing 30-year lease commitments and embedding enormous ongoing maintenance capex for hardware upgrades that the market doesn't appreciate; there is no year-four margin harvest because the technology treadmill never stops—Oracle is already…
“there's no rainbow in year four here”
90d -36.0%
Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's Dominance
China acts as a price floor buyer at $65 and a ceiling seller near $100, creating a durable $65-100 oil range that generates healthy cash flows and large buybacks for energy companies without triggering a new supply capex cycle, while refinery margin…
“85 is the new 65 when things eventually settle out”
90d +19.2%
Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's Dominance
A clear global bond bear market is underway as JGB yields hit 29-year highs and French OAT and UK gilt yields break out, reflecting investor refusal to take duration with sticky inflation, persistent deficit spending, and rising real yields eliminating the…
“10-year JGB just closed at a fresh 29-year high and French oat 10-year yield just broke out”
90d +3.5%
Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's Dominance
US crude rig count is down 10 consecutive weeks to its lowest since September 2021, supply is self-correcting at the same time OPEC hikes failed to push oil lower — a classic bottom signal with inventories tight and oil in the 60s 'dirt cheap'
“When something doesn't go down on bad news, it's usually a bottom”
90d +1.8% · 180d +7.8% · 1y +29.6%
Peter Boockvar warns that while markets look great, economic growth doesn’t
Foreigners are selling US Treasuries (Canada dumped $54B in one month, a 25-year record) and diversifying away from US assets as tariff hostility accelerates de-dollarization, pushing the dollar structurally lower over multi-years
“I think foreigners are just they want to own less US stuff”
90d -1.9% · 180d -3.3% · 1y -8.2%
Peter Boockvar warns that while markets look great, economic growth doesn’t
Global scramble for critical minerals and raw materials creates a structural premium for silver; at $35/oz it remains well below both its nominal and inflation-adjusted highs despite ~50% industrial demand that ties it to the real economy
“silver at $35 an ounce it's still well below its nominal high let alone its inflation-adjusted highs”
90d +32.4% · 180d +107.5% · 1y +58.7%
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
COLD
bullish
Wealthion · video
Americold (cold storage REIT) has been beaten down to the point it is finally attractively valued with a nearly 6% dividend yield, providing essential infrastructure that grocery chains depend on with no viable substitutes
“America is a stock that's gotten destroyed and finally for the first time it's attractively valued”
90d -16.7% · 180d -17.5% · 1y +2.7%
Peter Boockvar warns that while markets look great, economic growth doesn’t
At ~24x earnings with a 1% dividend yield and the Mag 7 leadership splintering, the S&P 500 is mathematically incapable of repeating the last decade's returns and is likely entering a multi-year consolidation phase
“mathematically it's an impossibility for it to repeat in the coming 10 years what it did over the last 10”
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
PLATINUM
owns
Wealthion · video
Platinum is a hard asset benefitting from the same global critical-minerals scarcity premium as silver and gold, and has already started working after being bought at depressed levels in 2024
“I started buying platinum last year which has had a nice move this year”
Peter Boockvar warns that while markets look great, economic growth doesn’t
A very wide spread between projected demand growth (hyperscaler AI power needs + grid buildout) and constrained uranium supply makes the long-term secular story compelling even after a major price run
“the big picture story is phenomenal... still a very wide spread between expected demand growth relative to the supply”
90d +38.4% · 180d +37.6% · 1y +17.9%
Peter Boockvar warns that while markets look great, economic growth doesn’t
Realty Income offers bond-like income with superior balance sheet quality versus private real estate, daily liquidity, and an attractive dividend yield at a time when long-duration commercial real estate is broadly mispriced
“Realty income, letter O. One of my favorites”
90d +5.6% · 180d +3.5% · 1y +16.1%
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
Long Dur Treasuries
bearish
Wealthion · video
Rising foreign divestiture of US Treasuries combined with excessive debt and deficits will keep upward pressure on long rates even as the Fed cuts short rates, just as in 2024
“I think there's going to be over a multi-year time frame a continued rise in long rates”
90d -4.2% · 180d -3.9% · 1y -2.5%
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
MACAU CASINO STOCKS
bullish
Wealthion · video
Macau gaming volumes are recovering (strong recent numbers cited) while stocks remain extremely cheap after years of underperformance, offering asymmetric upside as China's consumer reopening matures
“cheap stuff out there... still very cheap”
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
VIETNAM EQUITIES
bullish
Wealthion · video
Vietnam remains a competitive low-cost manufacturing hub even under US tariffs because US companies like Nike have already relocated supply chains there and cannot easily move again — and the tariff cost falls on the US consumer, not Vietnam
“Vietnam is still going to be a competitive place to manufacture even with these tariffs”
Peter Boockvar warns that while markets look great, economic growth doesn’t
VICI owns irreplaceable Las Vegas Strip and regional casino real estate plus experiential assets (Chelsea Piers, Great Wolf Lodges) on long-term leases that benefit from post-COVID demand for experiences, with strong dividend yield
“One of my favorites is Vichy Properties. We own that VICI. They own most of the Las Vegas strip”
90d -1.0% · 180d -12.2% · 1y -15.8%
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
OUTDOOR STRIP-MALL / OPEN-AIR SHOPPING CENTER REITS
bullish
Wealthion · video
Open-air shopping centers anchored by grocery, services, and dining are sticky businesses with almost zero new supply since 2008, making them attractively priced with durable cash flows in a 'set it and forget it is over' market
“there's almost no new supply... I love buying beaten up ones at cheap valuations”
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
Commodities Broad
bullish
Wealthion · video
Fertilizer names are hard assets benefitting from the global raw-materials premium in an environment of supply-chain fragmentation and dollar weakness
“fertilizer names. I like these hard assets in this kind of environment”
90d +1.4% · 180d +5.6% · 1y +28.7%
Peter Boockvar warns that while markets look great, economic growth doesn’t
2025-07-08
International Dev
bullish
Wealthion · video
A decade-wide valuation gap vs. the US is closing, a weaker dollar amplifies USD-investor returns, and European defense/reform spending plus Asian growth provide fundamental tailwinds for a multi-year catch-up trade
“the money is not going to be made in the S&P, it's going to be made in other things”
90d +8.9% · 180d +14.6% · 1y +25.8%
Peter Boockvar warns that while markets look great, economic growth doesn’t
Weyerhaeuser is the largest private landowner in the US, a hard asset trading below NAV with global timber export exposure that partially offsets near-term US housing weakness driving the stock down
“as a hard asset I think this is a great one to own and it's cheap relative to their net asset value”
90d -3.9% · 180d -5.7% · 1y -11.1%
Peter Boockvar warns that while markets look great, economic growth doesn’t
S&P 500 trading near 23x 2025 earnings estimates puts valuations in the upper historical echelon, implying materially lower 10-year forward returns versus buying at 15x
“we're trading now almost 23 times 2025 earnings estimates...that implies that your future 10-year return is going to be lower”
90d -10.4% · 180d -16.0% · 1y -30.2%
2025 May Be the Year of “The Dip” But An Economic Slowdown Could Change That | Rise UP!
Said again: 2025-08-15 (Wealthion)
2025-04-03
European Equities
bullish
Wealthion · video
Meaningful fiscal spending on defense and German infrastructure, rotation of global capital away from Mag 7 into European markets, and US trade retreat opening space for European firms to capture business share creates a fundamental — not merely rotational —…
“Europe is going to get their stuff together in terms of trying to generate economic growth”
90d +13.4% · 180d +16.6% · 1y +24.2%
Tariff Shock - Markets Meltdown | ft. Peter Boockvar & Scott Schwartz | Rise Up!
2025-04-01
VALUE STOCKS
bullish
Wealthion · video
Value stocks have lower embedded expectations and are already priced for bad news, making them inherently more resilient than high-multiple growth stocks when tariffs and macro shocks arrive
“A value stock inherently has lower embedded expectations. So whatever externalities come our way owning a value stock well that stock is already priced in a lot of negative news”
Markets Brace for April 2nd Tariffs: What Investors Must Do | Ft. Peter Boockvar & Benjamin Wallace
2025-04-01
MAGNIFICENT SEVEN / MEGA-CAP TECH
bearish
Wealthion · video
The Mag7 trade is no longer the dominant market driver and this is a multi-year trend reversal; high-multiple growth stocks carry more embedded expectations and are more vulnerable to tariff and macro shocks than value stocks
“The mag seven trade is no longer the dominant driver of markets and I think that is a multi-year trend”
Markets Brace for April 2nd Tariffs: What Investors Must Do | Ft. Peter Boockvar & Benjamin Wallace
2025-04-01
INTERNATIONAL STOCKS
bullish
Wealthion · video
As Mag7 dominance fades and US tariff uncertainty shifts where global investors look, international equities offer a less-overvalued alternative that captures the capital rotation out of US mega-cap growth
Markets Brace for April 2nd Tariffs: What Investors Must Do | Ft. Peter Boockvar & Benjamin Wallace
2025-03-01
short Big Tech / long China Equities
pair
Wealthion · video
The AI tech trade that dominated since late 2022 is at a major inflection point as the pendulum swings away from Mag7/high-multiple growth stocks toward value and international equities, with European and Hang Seng markets already outperforming as global…
“there's just a major inflection point... potentially the end of this AI Tech trade”
90d -1.6% · 180d -1.5% · 1y -6.7%
This Week’s Must-Know Market News | ft. Peter Boockvar & Andy Schwartz | Rise UP!
Non-US central bank demand for gold is structurally strong and persistent, driving appreciation against the USD even as the dollar strengthens versus other fiat currencies; inflation-adjusted 1980 high implies a ~$3,500 target
“the Dollar's actually depreciating against gold”
90d +14.3% · 180d +16.7% · 1y +74.0%
This Week’s Must-Know Market News | ft. Peter Boockvar & Andy Schwartz | Rise UP!
Said again: 2025-02-22 (Wealthion)
2025-02-01
Big Tech
bearish
Wealthion · video
Deep Seek reveals that AI model dominance is not US-exclusive and commoditization is underway, which compresses the competitive moats justifying extreme valuations; with the 10-year yield at 4.5% and S&P P/E above 20, the risk/reward in these names warrants…
“maybe it's time to start to more better analyze the valuations that we're paying for these stocks”
90d +5.5% · 180d -9.3% · 1y -21.5%
This Week’s Must-Know Market News | ft. Peter Boockvar & Andy Schwartz | Rise UP!
2025-02-01
VALUE STOCKS AND INTERNATIONAL EQUITIES
bullish
Wealthion · video
The performance gap between big-cap US tech growth and value/international equities has stretched to historic extremes, as even foreign sovereign wealth funds (Swiss National Bank, Norway) have piled into the same handful of US tech names, loading the boat on…
“there are a lot of cheap stocks out there both domestically and internationally”
This Week’s Must-Know Market News | ft. Peter Boockvar & Andy Schwartz | Rise UP!
2024-12-06
PLATINUM
owns
The Compound · video
EV-transition fears bombed platinum to ~$950 vs gold at ~$2,600 despite platinum historically trading above gold, but hybrids are winning the ICE-vs-EV war and actually require more platinum than pure combustion engines, while broader industrial demand…
“I recently bought Platinum — historically always traded above gold, Gold's now 2600, platinum's at about 950”
Three Contrarian Trades for 2025 | TCAF 168
2024-12-06
CHINESE INTERNET STOCKS
bullish
The Compound · video
Sentiment toward China is at rock bottom while the Chinese middle class is poised to double from 300M to 600M people over the next decade, creating a contrarian opportunity in deeply undervalued names like Alibaba and Tencent that generated massive value…
“buy the Chinese internet stocks”
Three Contrarian Trades for 2025 | TCAF 168
2024-12-06
MACAU CASINO STOCKS
bullish
The Compound · video
Macau visitor numbers are back to 2019 levels, the government is aggressively pushing Macau as the Vegas of Asia to capture the entire region's gambling demand — not just mainland Chinese — and only six licenses create a structural moat on a unique asset
“the Macau government is making a big push to make them the Vegas of Asia”
Three Contrarian Trades for 2025 | TCAF 168
2024-12-06
AIA
bullish
The Compound · video
As wealth accumulates across Asia's expanding middle class in China, India, and Malaysia, life insurance penetration must rise, and AIA — Hank Greenberg's decades-built Asian insurance franchise spun out of AIG — is the dominant pan-Asian beneficiary of that…
“AIA Group is another one that was the Asian insurance company division that was spun out of AIG”
90d +9.9% · 180d +13.2% · 1y +43.0%
Three Contrarian Trades for 2025 | TCAF 168
2024-08-14
Long Dur Treasuries
bearish
Wealthion · video
Structural fiscal deficits expanding in any downturn keep long-end yields elevated even as the Fed cuts short rates, steepening the curve and capping bond price upside
“that $2 trillion budget deficit becomes three trillion and that 6% of GDP becomes 10% of GDP”
90d +6.5% · 180d +7.2% · 1y +7.3%
The ‘Death by a Thousand Cuts’ Economy | Peter Boockvar
2024-08-14
LARGE-CAP AI/TECH STOCKS
bearish
Wealthion · video
The AI hype cycle is ending as markets shift from pricing enthusiasm to demanding revenue proof, while the massive capex spend is increasingly recognized as an expense drag rather than a profit driver
“I'm more inclined to think that the big cap names sort of catch up on the downside”
The ‘Death by a Thousand Cuts’ Economy | Peter Boockvar
Early-July highs likely mark the index peak for 2024 as AI megacaps face earnings scrutiny, rate-cut optimism is already fully priced, and economic growth concerns are intensifying
“I think the highs that we saw in early July in the S&P is probably the highs for the rest of the year”
90d -10.1% · 180d -12.0% · 1y -20.1%
The ‘Death by a Thousand Cuts’ Economy | Peter Boockvar
Idea Scout Weekly
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