Fixed on the Trends

The banks are reporting bullshit numbers. Ignore what the fucked faces on the teevee are saying. The numbers out of GS, C, JPM and WFC suggest businesses under duress due to BASEL III. ROE’s are fucked up and cash is not being utilized with any efficiency. Bank stocks are off limits to me— not because of risk, but lack of reward.

Tech has been a fucking mine field. Look at the share performance of INTC over the past quarter. Unless you have some sort of perverted passion for technology, it’s hard to feel good about tech investments.

For me, the basic material sector is pure, without trickery. It’s a straight forward proposition, minus all of the asinine earnings malarkey (extra Biden). If growth accelerates or central banks print money, basic materials will do well. Additionally, homebuilders have extreme momentum. Dare I say TOL, USG and ELLI are better investments than AAPL, SWKS and BRCM right now? I do indeud dare, AND MORE.

What is a sustainable long term investment thesis, with regards to human evolution?

Cleanliness.

Health.

Quality Food and Beverage.

The one constant in the evolution of humans is improvements in quality of life, minus the fucking dark ages of course. Generally speaking, people want to be cleaner, live longer and eat/drink better. Stocks like CL, ECL, KMB, UN, REGN, GILD, ALXN, WFM, HAIN, REED and PEP have done well because of the demand for improvements in quality of life. If you had to choose one investable theme for the long term, get your small brains around this and run with it.