Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential [1] - The popularity of insurance companies in the Philippines has influenced investment strategies, leading to diversification beyond traditional savings [1] - The trend of investing in blue-chip companies has evolved, with a broader portfolio now including various industries and market capitalizations [1] Investment Focus - The current investment focus includes banks, telecommunications, logistics, and hotels, indicating a diversified approach to portfolio management [1] - The entry into the US market has expanded investment opportunities, particularly in sectors like banking, hotels, shipping, and logistics [1] Market Engagement - The use of platforms like Seeking Alpha has enhanced market analysis and comparison between different regions, particularly between the US and Philippine markets [1] - The experience of acting as a personal broker has provided deeper insights into the US market dynamics, facilitating informed investment decisions [1]

Group 1 - The article emphasizes the importance of diversifying investment portfolios by considering global ETFs that exclude the US, as many investors already have significant exposure to the US market [1] - The author has a strong background in finance, with a Master's in Banking & Finance and experience in corporate finance, M&A, and investment analysis, particularly in real estate and renewable energy sectors [1] - The goal is to share insights and analysis on interesting companies, fostering informed investment decisions and engaging with a global audience [1] Group 2 - There are no disclosed stock or derivative positions in any mentioned companies, and there are no plans to initiate such positions in the near future [2] - The article expresses personal opinions and is not influenced by compensation from any company mentioned [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]

Core Insights - Warren Buffett's net worth is approximately $151 billion, but he believes he could live comfortably on much less, estimating he could manage without 99.99% of his wealth [1][2] - Buffett suggests that a $1,000,000 portfolio generating $30,000 annually in dividends would suffice for a comfortable lifestyle, indicating a need for at least a 3% yield [2] - The current market environment presents challenges for achieving such yields, with the S&P 500 offering about 1.2% and the Vanguard High Dividend Yield ETF at approximately 2.5% [5] Dividend Yield Trends - Average dividend yields have been declining, with the S&P 500 yield below 3% since the 2008 financial crisis [5] - Companies have increasingly favored stock buybacks over dividends, a trend noted by Deutsche Bank's strategist Jim Reid, who attributes this to a market dominated by high-growth technology firms [6] - Passive investors may struggle to achieve Buffett's preferred yield of 3%, but diversification into other asset classes or selective stock picking could help surpass this threshold [7]

Group 1 - Ray Dalio warns that American markets are facing a financial "heart attack" due to rising US debt costs, which are constraining economic growth [1][6] - Dalio recommends that investors allocate 10% to 15% of their portfolios to gold, highlighting its unique uncorrelation with other assets and its tendency to rise during crises [2][3] - Gold is currently trading near record highs, with spot gold at $3,641.10 per ounce, reflecting a nearly 40% increase year-to-date, and gold futures at $3,680.60 per ounce [2][14] Group 2 - Dalio has consistently advocated for gold as a hedge against global risks, emphasizing its importance during periods of money printing and debt accumulation [3][4] - Despite stepping down from Bridgewater, Dalio continues to emphasize the need for investors to reassess their holdings in a debt-laden environment [6][7] - The surge in gold prices indicates that investors are shifting focus from equities to gold as a hedge against potential economic instability and geopolitical tensions [10][14] Group 3 - Central banks, including those in China, India, and Russia, have increased their gold holdings this year, diversifying away from the dollar [14] - Historical data shows that gold has performed well during market downturns, such as in 2008 and 2020, reinforcing Dalio's view of gold as a reliable insurance policy [15]

Core Viewpoint - Barrick Mining has agreed to sell its last operating gold mine in Canada, the Hemlo Gold Mine, to Carcetti Capital Corp for a total of $1.1 billion, marking a strategic shift towards copper investments [2][5]. Transaction Details - The sale includes $875 million in cash and $50 million in Carcetti shares, with an additional $165 million in contingent payments based on future gold prices [2]. - The transaction is expected to close in the fourth quarter of 2025 [2]. - BMO Capital Markets valued Hemlo at approximately $620 million under long-term assumptions, but up to $1.2 billion at current spot prices, indicating a sale price of about $3,150 per ounce of reserves [4]. Strategic Shift - The sale reflects CEO Mark Bristow's strategy to diversify Barrick's portfolio beyond gold and into copper, following the acquisition of Randgold Resources in 2019 [5]. - Barrick has reduced its Canadian presence by relocating head office functions and cutting the number of executives based in Canada [5]. Production and Future Plans - Hemlo has produced over 21 million ounces of gold since its discovery, contributing 143,000 ounces in 2024, which accounted for about 3.5% of Barrick's total output [6]. - Despite the sale, Barrick maintains a pipeline of early-stage projects and exploration targets in Canada, emphasizing its ongoing commitment to the region [6]. Other Asset Sales - Barrick has been active in divesting non-core assets, including a $1 billion sale in Alaska earlier this year, with total gross proceeds from such sales expected to exceed $2 billion in 2025 [7]. - The company is also advancing major copper projects, including the $6 billion Reko Diq mine in Pakistan and an expansion in Zambia [7].

Core Insights - A prominent millionaire meme coin trader believes that the recent bounce in meme coins is just the beginning, with an "explosive parabolic move" expected soon [1][4] - The trader, Unipcs, has a current position in Fartcoin (CRYPTO: FARTCOIN) with a profit and loss (PnL) of approximately $4.3 million, down from a peak of over $8 million [2][3] - Unipcs plans to hold his positions until they surpass $10 million in value, focusing on undervalued assets and maintaining conviction in his strategy [3][5] Profit and Loss Analysis - In June, Unipcs reported an unrealized profit of $4.5 million, which has slightly decreased to around $4.3 million today [2] - The PnL has remained around the $4 million mark for the past few months, not accounting for nearly $933,000 already paid in funding [3] Market Outlook - Unipcs anticipates a parabolic rally in meme coins, particularly those within the Solana (CRYPTO: SOL) ecosystem [3] - He emphasizes a long-term investment strategy, contrasting with short-term or volatility-driven trading approaches [5] Investment Focus - Unipcs's conviction picks include Fartcoin, Useless, and Bonk (CRYPTO: BONK), while he notably excludes Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) from his list [6]

Group 1 - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, with a focus on banks, telecommunications, logistics, and hotels [1] - The popularity of insurance companies in the Philippines has influenced investment strategies, leading to diversification beyond traditional savings in banks and properties [1] - The investment approach has evolved from focusing solely on blue-chip companies to a more diversified portfolio across various industries and market capitalizations [1] Group 2 - The entry into the US market occurred in 2020, following a period of learning and analysis through platforms like Seeking Alpha [1] - The investor has holdings in US banks, hotels, shipping, and logistics companies, indicating a strategic approach to portfolio diversification [1] - The comparative analysis between the US and Philippine markets has been a key aspect of the investment strategy, enhancing market awareness and decision-making [1]

Core Insights - Advisors and investors are increasingly seeking alternatives to enhance and diversify traditional portfolios, with hedge fund strategies providing low correlation complements to stocks and bonds [1][2] - High management and entry fees have historically restricted access to hedge funds, but the emergence of hedge fund replication ETFs allows investors to capture industry strategies with lower costs [1][2] Hedge Fund Strategies - Hedge fund strategies typically offer reduced correlations to major asset classes and can capture trends beyond traditional portfolios, making them attractive during market volatility [2] - The traditional 2/20 fee model and high entry fees have been significant barriers for many investors, which ETFs aim to lower [2] HFND ETF Overview - The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) provides a comprehensive approach for investors looking to enhance portfolio diversification by offering exposure to hedge fund industry returns within an ETF structure [3] - HFND aims for potential outperformance through fee savings and tax efficiency, without directly investing in hedge funds or replicating their holdings [3] Investment Strategy - HFND seeks to generate returns similar to various hedge fund sectors, including global macro, managed futures, and equity long/short, using publicly reported returns and fees for portfolio construction [4] - The portfolio is designed to offer similar volatility, returns, and correlations as the hedge fund industry, gross fees, primarily investing in ETFs and futures contracts [4] Performance Metrics - As of August 31, 2025, HFND generated a 30-day SEC yield of 1.99% and has management fees of 0.95%, allowing investors to capture hedge fund industry returns while mitigating single-manager and manager concentration risk [5]

Market Overview - U.S. stock markets have experienced a significant bull run since the start of 2023, with major indexes like the Dow, S&P 500, and Nasdaq Composite nearing all-time highs [1] - The S&P 500 and Nasdaq Composite have achieved multiple all-time highs in 2025, while the S&P 400 mid-cap index is up 4.9% year to date, just 4.6% away from its 52-week high [2][9] Mid-Cap Stocks - Investment in mid-cap stocks is recognized as a strong portfolio diversification strategy, combining attributes of both small and large-cap stocks [3] - Mid-cap stocks are less vulnerable to losses during economic downturns due to lower international exposure, and they can outperform small caps in a thriving economy due to established management and market presence [4] Recommended Mid-Cap Stocks - Five mid-cap stocks with favorable Zacks Rank for the remainder of 2025 are Dillard's Inc. (DDS), Sterling Infrastructure Inc. (STRL), StoneX Group Inc. (SNEX), Armstrong World Industries Inc. (AWI), and Watts Water Technologies Inc. (WTS), all rated Zacks Rank 1 (Strong Buy) [5][9] Company Insights Dillard's Inc. (DDS) - Dillard's is enhancing growth through strategic initiatives in both brick-and-mortar and e-commerce, focusing on customer acquisition and retention [8] - The company has a strong financial position with solid liquidity and minimal rent obligations, alongside shareholder-friendly practices like dividends and buybacks [10] - Expected revenue and earnings growth rates for DDS are -0.4% and -15.8%, respectively, for the current year, with a 1.8% improvement in the earnings consensus estimate over the last 30 days [11] Sterling Infrastructure Inc. (STRL) - Sterling Infrastructure provides e-infrastructure, transportation, and building solutions, operating through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions [12][13][14] - The expected revenue and earnings growth rates for STRL are 6.5% and 56.9%, respectively, for the current year, with a 5.3% improvement in the earnings consensus estimate over the last seven days [15] StoneX Group Inc. (SNEX) - StoneX Group operates a global financial services network, offering execution, post-trade settlement, clearing, and custody services through various segments [16] - The expected revenue and earnings growth rates for SNEX are 4.9% and 21.7%, respectively, for the next year, with a 21.7% improvement in the earnings consensus estimate over the last 60 days [17] Armstrong World Industries Inc. (AWI) - Armstrong World Industries is a leading producer of ceiling systems for construction and renovation, operating in three segments: Mineral Fiber, Architectural Specialties, and Unallocated Corporate [18][19][20] - The expected revenue and earnings growth rates for AWI are 12.2% and 15.1%, respectively, for the current year, with a 0.7% improvement in the earnings consensus estimate over the last 30 days [21] Watts Water Technologies Inc. (WTS) - Watts Water Technologies designs and manufactures water safety and flow control products, reporting under three geographic segments: The Americas, Europe, and APMEA [22] - The expected revenue and earnings growth rates for WTS are 3.9% and 11.3%, respectively, for the current year, with a 0.8% improvement in the earnings consensus estimate over the last seven days [24]

Group 1 - The core opinion presented is that while many investors see a strong correlation between gold and Bitcoin, Stockton believes they should be viewed differently, with gold acting as a portfolio diversifier and offering potential upside [1][2] - The S&P 500 has increased approximately 11% year-to-date and nearly 30% since its lows, with recent pullbacks considered healthy resets supported by the 20-day moving average [1] - Gold has broken above resistance, indicating about 4% further upside potential, and is increasingly viewed as a substitute for Bitcoin due to its low correlation with equities [2] Group 2 - Treasury yields are testing support near 4%, and a breakdown could lead to a cyclical downtrend towards 3.2%, suggesting a relatively strong fixed income environment compared to equities [2][3] - Bitcoin is in a long-term uptrend with support levels between $108,000 and $111,000, while short-term momentum is neutral; a target of $135,000 by early 2026 is set, contrasting with other analysts' predictions [4] - Ethereum has surpassed $4,000, indicating continued technical strength, while Dogecoin's breakout aligns with broader momentum signals, emphasizing the importance of technical momentum over fundamentals [5]