- The Rollup
- Rollup #86
The housing market in 2024
Noteworthy insider trade 🚨
Max Lousada, the CEO of Warner Music Group, just sold 869,000 shares of the company’s stock. The sale was worth $28.9 million, and was his first sale of Warner Music Group since 2021.
Source: SEC Filing #1
Noteworthy quote ✒️
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Worth checking out 🔍
Macro Alf explains why he thinks whales will come back to the bond market in 2024.
AI models like ChatGPT use an astonishing amount of water, this study reveals exactly how much.
2023 has been the least affordable year for home buying on record, according to Redfin.
The 50 greatest innovations of 2023.
SpaceX has been valued at $175 billion.
This website lets you find out how long it will take to read a book. You can even enter your own reading speed for tailored results.
Tether’s (USDT) secret loan portfolio.
Elon’s xAI company wants to raise $1 billion to fund its growth.
Noteworthy Chart 🧭
How much money Americans claim they need to be happy
Source: Chartr newsletter
Best articles 📖
Macro Forecasting: Avoiding the Siren Song - I thought this article was quite good. As investors we shouldn’t worry so much about trying to predict macroeconomic outcomes. Rather, we should focus on finding the best businesses to invest in.
The businesses can do their own macro forecasts, based on the factors that actually matter to them.
Zillow's 6 biggest predictions for the US housing market in 2024 - The title says it all on this one, a few of the Zillow team’s best predictions about what will happen to the American housing market in 2024.
Noteworthy Tweet 🪶
The Sahm Rule is one of the most well-known recession indicators in economics.
The Sahm Rule indicator has risen sharply in recent months but it won't be triggered in Friday's jobs report.
Let's review the Sahm Rule, what it says now, and if this time will be different...
— Eric Basmajian (@EPBResearch)
Dec 6, 2023
Best of YouTube 🎬
Felix Zulauf’s Big Calls For 2024 And Beyond
Felix Zulauf explains where he sees markets headed in 2024 and beyond. He sees the rally continuing into Q1 of next year but thinks the markets could run out of liquidity after that. Also, thoughts on China - US relationship, and whether inflation will trend up again.
This has never happened before (Housing Market)
Eric Basmajian explains why newly constructed homes are falling in price, even as existing home prices are going up.
My favorite off topic video 🍿
This guy climbed to the top of K2 (the second-highest mountain in the world) without oxygen, which is already insane… Then he skied down it which is, without hyperbole, death defying.
On a related note, I just read the book “No Way Down” about the deadliest climbing disaster to happen on K2. I thought the book was good not great (3/5), but if you like reading about extreme athletes battling horrible conditions then you’ll definitely enjoy it.
Best AI image 🏆
Humans or aliens?