Avsnitt 575 - The fat pitch

0:00Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. But wait baby, let's go! We're going to have a good time. We're going to have a party. x�� , misé tia , adon tia

0:44clean It's been a lot of fun. I thought we could have been a lot of fun. I thought we could have been a quarter of a quarter. And see a little bit more than Q2. You have found some spain. I saw that the room is still again. It's been around the morning. How do you feel about your room? Well, it's been a bit of a day. It's been a bit of a day. We are back to the morning. All right, Artemis project. That's what the USA does. And even SpaceX-file has been looking for an IPO. Yeah, but it's just it's like it's a good thing. You can handle it on a few days delay here. Then there's fransmen that it's happening in the end of the day.

1:29Yeah, now it's been staked also for a few days. Yeah, but it's just I thought we should talk a little Iran and I thought I thought a little social media, Snapchat as I talked about in the beginning of the year We'll be right back.

2:11So it's just to listen to the podcast that's called 4 minutes to Wall Street That's what you find on other podcast platforms Yes, it's a good recap inför USA -開放 So spana in the Then we also want to talk about That you can buy and cut off the USA You have to do with CoinShares Can you tell us about trading there And how you can use Rob Markets? Yeah, but exactly. There were a lot of people, including me, who had longed the svensk coinshares. And now they have been in the USA, so now there are coinshares in Sweden. And then they haven't got their own shares to the end. But then they have been able to hedge their position through the coinshares.

3:00And that shows us really on the downside. And now is the stock market much higher than what it did in Stockholm. And it shows the fact that you have a lot of money. You have to have a lot of accounts on several places. When you do trades on several markets, you can hedge in a very fine win by RoboMarkets. Precis. So, platforms like Ropomarkets give you extra access to make an affair that you can't do annars, all of a sudden. So, it's very important, rent out of fact. And then, Ropomarkets, as usual, have a value of a stock on ISK in euro and dollar, so you don't have to do it with a savings and you can't do it with a trading view, which is a great system if you want to follow many different options, many different markets and get a good eye-opening.

4:00And if you can get a code, you can also try to do strategies and other things in trading. So, spana in Robomarkets. And if you have any questions, then we'll see Max and Simon on Stockholmskontoret. Stort tack! But come back, investeringen bär risk and it's not sure that you'll get back your investment capital.

4:24What's up with a little kvartalssummering? It's almost up for the year. I was very positive to silver for the year. I was able to ride some of the stocks but not any all-in miners. But this one saw in silver that it was a speculation. While gold has been more sophisticated. What do you say about gold and silver? Both here and here? No, I'm going to go to the road for the year and then I've got to get off. I'm going to get off the road. Edelmetaller and metaller in the house. Then I tried to trade silver a little bit. We both were both. It was also good. Then I've got to go off. I've sold a lot of my Loom.

5:41I've also sold a lot of my Loom. I've also sold a lot of my Loom. I've got to go off my Loom in January. so it was very good I rotated in in energy but then I chose uranium and then I bought acer in Norge and it has gone really nice but it's a little for a bit but what do you do but I'm waiting for uranium to be a good squeeze yeah but exactly here you see with your affair that you had a hack You took one of the biggest silver companies and it was very good. What you bought in silver was good. In fact, most of the less have been a fantastic increase. But even the big ones have been a very good increase.

6:31And it's because they are producers. They're already now on the big increase. Exactly. Exactly. For example, I have a little experience of a company from the first company, since 2012-2013, or it was when it was done, but before it was also. It's not always safe that you get paid for risk you take when you go down in market cap and in the phase of exploration companies. It's not always safe that you get paid for. You take more risk of the market. It can come a new emission that they don't have budgeted ordently for any gruva that they open. You get so many bakslages. If you don't really believe on the market in itself and it's what you think about the price of the market.

7:31Råvarans pristrend Då vill man hamna så nära den som möjligt Och då är det oftast de här stora producenterna Det är mindre vålla såklart Och inte samma hävstång Men du fångar ju då råvarans prisuppgång På ett bättre sätt tycker jag Ja men precis Och därför valde jag till exempel Häckla Som är USAs äldsta och största silverproducent Typ ingen belåning Alltså marginellt and produce very well. They also got a Trump administration that they got a goldcants thing that they got classed as a kritish supplier. So it was a lot of many boxes. And despite that it is a very tough and a lot of company, in all of a half-stowns on balance-require, so it got from $85 to$33 on a half-year.

8:30so that you can't be happy with I hope I say many of them are maybe in a phase where you need to start a lot of things you need to pay, you need to pay, you need to raise grades, and so and then you need to have the two-year cycle which has been perfect where everything goes up now, now, now still price is still high, I've been on it earlier, that gold It's going to be a lot of money here, but it's been the last few weeks of getting out of the gold and silver ETFs. So it's still not been a super hype in the company. It's been a meme hype in silverpris, which you saw, if it could be from 70 up to 120 and 70 again.

9:19but I will probably take a little miners here now when you see that the price has stabilized gold has still been very stable now it has come to some countries like Turkey has started to sell and Poland has talked about to sell for the sake of the security and if Turkey could save its value but trots it goes gold super stark so in the background here So it's very much And probably With Iran and Russia With confiscating of And like that People want to have a hedge So it's just When we get a break On the bar Take all the golds Saudi and Saudi They must finance their economy And consumption You can't eat gold It's the problem.

10:18So, some countries might be forced to take out of their gold to create liquidity and cash flow over a period. So, we are just a war time economy. Alltså, a war time economy. It's real. It's really important to the real ones. which are very important. And gold is a dead end on the way. It's like a hedge for the market to protect its value. But it's not always that it is important. It's a crisis that is important. Yes, exactly. And if we go to another trend here in the year, it was super strong in Europe. OMX was one of the strongest in the world. Man understood not really what happened. Alla would have been to the USA.

11:13We had a lot of money on the way down. It would have been one of the stronger economies in Europe. And I will take my hand from my hand just because I have not been able to cut off my own. It was a lot of strong. We went much better than all the other. Börser tillsammans kändes det som Och sen kom ju då Iran och det här Som vi ska prata mer om Som liksom tog tillbaka Men det var väl en av de andra stora trenderna här Och det visar väl Det känns som att allt rört sig Mycket starkare nu, mycket mer i grupp Det går liksom inte att Tro att nej men Stockholm har performat Några dagar här utan då ska det göra det I flera månader Utan Ja, saker rör sig längre och starkare nu För tiden när ETF och allting rör sig i flock There we go around all that.

12:00And then, overall any Heroes, all around all over again, All-in - Sisters of materials Ilary and contracts, and so as ging of Once, If you look for mehr of the shareholders in favor of the紙 brothers, first return they are didn't go super cheap?? Inconvenibile essentially with electric tech comp stores, So then is it just like pominals Fave-en kanske är att dra det för långt, men det kanske inte är helt... Det är prylar som behövs för industrin, för gruvindustrin. Försvar har vi mycket under. Försvar, etc. Så vi är väl inte en value case på det sättet och kanske vi har inte så mycket råvarutillgångar och sånt, men ändå så blir det någon form av proxy på det.

12:57So you can understand why you look at the Swedish companies and think that they are not the worst class or the worst class class. And it was probably what you saw in Q1. Yes, exactly. And then there is some weird stuff. I usually go to Thailand, it's a bit of a sterk. When I've been home, it's a little better. But if I look at my own graph here, I was down 15 % most in the middle of March. and now when my innehav have been up and done good trades so now I'm going to Q1 with minus 0 ,26 % and it's a step forward when I've always had a very bad Q1 I've almost been going cash for Q1 and then coming back 1 April if you look at the 1st graph today so you see that it was exactly now it's from the Tullbotten So if you want to have a little self-confidence boost, then you can take up your 1-year graph today.

13:56If you have had a little bit of Trump-bottes here, you can see a very nice graph. Another spaning from Q1 was Sivers. We got for the first time a Reddit-actie here on Stockholmsbörsen for a long time. I have not had much, followed the most from Sidlinien, but I thought that this is completely different. This is going to go up a lot so I'm glad that I don't have cut off my own. If you notice that here it's completely different volume. It can be 100-200 million kronor on a day on a person with 100 000 followers and draws out different tweets and peers. And I've just listened to my own and bought Sivers when the The duktiga semi-cap blogg Johan He wrote about this before Now it's hard to say What are you doing here More than that This is an action That's in play now And can run out all the way Both up and down But a new phenomenon In all of a sudden If you know if you're trading So it's been a dream Today it's been a dream From flat to 15 % up It's been a hundred million So it's like It's been a lot of money Here on both long and short Yeah I don't think about on the short end.

15:13I think that it's not so many times it's a Swedish company that's in the club that's data center, and it's the next technique to photonics and laser. And the name of the name is that they deliver to Google's data center and Vidja Det blir liksom bara för håsigt Allt står i scenigt Sen kanske inte det har lossnat i fundamentan På samma sätt Men Det känns bara såhär Att fundera på att gå kort Kändes bara Alltså där När den stod i 6-7 spänn Jag var aldrig i livet Jag har inte ens tänkt på det Men jag har sett folk som gör det Men jag har lite svårt att se det Nej vissa dagar går den ju ner 25 % Så det är ju bara Jag förstår det It was more just that Man has seen when things Spar out And you can either have tight stop Or be prepared for Stora swings If you want to see a little What is it?

16:24What is it? What is it? What is it? What is it? What is it? What is it? No, but Råvaruhåsen I January Gjorde att Man fick en Väldigt bra position Att börja med Så jag Sålde mina häcklar Jag sålde mycket Av mina lumi I had solt 75 % of my Lumi Lumi went very strong I had Volterra Platinum-bolag in England It also went very well I sold it on Plutally sat there with 50 % of kassas And so it looked out After that Then we have a lot of I have come back You have come back in the new emission In the end of the year But it has also made that result I think it's better to Q1, but I'm not plus. But Q1 has already started well.

17:11And then I'm a little happy with myself that I haven't traded bort with indexes here. It was very easy to go short on war or go long when it was a little bit of panic for two weeks ago. I've done a small trade, but no size. I think it's too much binary So when you come in In such a situation All right With so much cash So I'm very afraid of the position And it's not always What do you do? When so much comes So you're with very much And this time I've been with very little Exponering Sitter you with a belated And it's just a lot Then you're not rationally So with a bigger kassa So you can either get passive Or do you do a little bit Yeah and the funny thing is It's over all And it's new outspels from all sides Both from Iran and from USA And the oil price is going to go to the other And it's different predictions And the end I constate Every day is just a brus All right It's not a fat pitch yet For no one knows and it's in the deadline so they're going to get up and hit and hit and I'm just like I don't want to be able to play here I'm going to go home for a reason to go home but I think it's not the way to be just now until you know if it's worse or if it's an off-ramp that you can't let it on for now it's just a lot of games and I don't know who they're going to for Is it for a while to be able to get a lot of emotional feelings?

19:00Or is it for a while to get a better sentiment? It I can constate that you've been able to get in the retorical way that the wall is very low. Had you said to me before that everything happened and that the horse was going to be stashed and that the oil was going to 100 % on two months If I had to guess what the price stood in, it was a lot less than today. And that we had seen a VIX up to 40-50. The price has been topped on 33 and fell down to 24. So what you want to give the US administration or Trump cred for is that he has really been holding down the ball. It has been a long time on the price of the price.

19:52but I haven't seen any panic and it's it's also that I haven't seen a fat pitch, I haven't seen any panic that I want to be long in and then it's like to go short now we've come up here now it's not like interesting and long but maybe it's a little more interesting to go short, but it can come a deal and then you're there and you're there and you're like 5 % index where the sun isn't. It's not hellig kul. Så jag känner väl att man måste inte vara med här. Det blir tråkigt för man sitter och följer och läser allting väldigt noga men man gör inte så mycket. Så det jag tittar på nu inför Q2 är att försöka titta på sektorer som kanske inte påverkas på samma sätt.

20:37Som har en annan avkastningsprofil. Och jag tittar då på healthcare, biotech, medtech är intressant också. Den sektorn tycker jag börjar vakna till liv. We saw two big big for the USA in Biotech for the week. I think Medtech has gone pretty well the last week. 10 days. I'm following Bone Support, Xvivo and these blanks. They've been very much. It's been a little bit in Bone Support. It's gone from 12 ,7 % to 12 % blank. And the actuals have gone 20 % on a week. On these things. and so on. All of them are still very blanked but momentum has begun to move to the other side. And now it will come some reports.

21:25So I'm very interested in Medtech and that you might have a lot of work there. You're talking about biotech. Yeah, exactly. For you want to find sectors that are a little... I think on the thing about where the Hobbit lives are. The Shire. When Frodo comes home and have been with me on the the mostiest ever since. And they have not noticed that it has been a big war. It's a bit of a war. And it's a bit of a shit. And it's a bit of a biotech branch. It's clear that they're on the risk of the William and so on. But the research and so on and there is a asymmetry in the way of the way it goes. I think that I think that you might have a little Exponering there.

22:13En diversifierad portfölj. Lite spadförsäljare och sånt. Samtidigt. Jag brukar alltid prata om den här biotech-håsen som kommer varje år. Och det är väl typ slutet på maj, juni, juli. Och det sammanfaller ju med att många studier är designade så att de blir klara här sen våren. Och så kommer resultat i juni. Så det brukar komma mycket news i juni. Vilket då skapar att det blir lite. Att strålkastarljuset kommer tillbaka till biotech och sånt. And in the year I think that it might be extra interesting because many other sectors are for a lot of things and it's for many things and for many things that affect.

22:55So I think that's why it's interesting to look at them. It's a little bit of water there, sjukt. I can say that biotech is a little bit, but I hope that people understand what I mean. Yeah, and it's a little bit the same. iGaming also went around. Kambi has went around here, got a little agreement on the end. Evo got a buyout today, got a little bit. It feels like it's been a a-skick in the sector. From that it was just a workstation at the beginning of the year, people started looking at other sectors that are not like olje - or frakt - or like that. Yeah, but it's just a... So I think that you can Man måste bredda sig lite.

23:47Vi är sponsrade av Avanza. Den här veckan tänkte vi prata om deklarationen. Det är ju tråkigt och krångligt. Därför vill Avanza hjälpa till så mycket som möjligt. Där har de tagit fram olika tjänster. Beroende på hur man har handlat under året. Så man har tid att göra roligare saker än att deklarera. If you have dealt with an ISK, you don't need to do anything yourself. But you have Avanza schablonintäkten, which is reported to Skatteverket. They have a document called Deklarationsunderlag, where you see what you have handled under the year. A year, a month, and all the other. But if you have dealt with a normal aktiefond, what do you do, Lundvolf?

24:34Then you have to declare it. If you have to have a loan on your account on your account, then you have to do it on your account for a K4-under contract. You can create a K4-under contract via Avanzas website, and then you can count out and make up your account on your own hand. And that is very smooth and spares very much time. So you recommend that you use the application of the services. But as I said, it's very much time and it's right. Yes, and the declaration is going in 4th May 24.00. So the more you start with this, the better. And it's cost-free to create the K4-banket that you talked about.

25:17And they have written a very good blogging. 5 February on Avanzabloggen. Tips inför the declaration 2066. There I think you really need to go in and look. Where they go through investerar-parakonto, capital-säkring, Axe fondkonto och Olika saker man kan Ha hållit på med under året som man kan behöva Hjälp med inför deklarationen och har man andra Frågor så är det bara att höra av sig till deras Kundtjänst så hjälper de dig Precis och har man flyttat värdepapper Så är det lite Då måste man skriva in inköpskostnad Och sånt och det här blogginlägget beskriver Väldigt bra hur man går tillväga då Så det rekommenderar vi starkt att man går in och läser Det här så man får bra koll och använder Den här tjänsten som gör att det blir Mycket smidigare och enklare och mer overskådligt.

25:59Stort tack Avanza! Men kom ihåg investeringen bär risk och det är inte säkert att du får tillbaka hela ditt investerade kapital.

26:11Och hur om vi ska hoppa till rymden då, hur ser det? Påverkas det av olja och fraktrater och så? Det gör det väl kostnadsbasen går väl upp men där är det ju alltid det är lite andra saker att titta på, det är andra värderingar där man värderar på ett annat sätt I think that space is now when we have a kind of a war economy over the whole of the West. We have to invest in the resources, etc. And then to put it on the rim, it's not enough to put it on the resources. There are many rymd budgets. There are many new technologies to manage these things. And the technology can also use dual use. like, as you say, that you can use it militarily.

26:59So it's in a way on a way to the power budget. Yeah, exactly. I see that it's just that it's just that it's just that it's just that it's just that it's really an hour-skifted-skrean. I've seen it up. It's 240 today, up 8%. 40 % on the year. And SpaceX, they're going to have a sense of a värdering. And I've seen some graphing there. 40 % on the year. They did a new mission just in the year. So it was just that it was on the basis of that. Yes, but some are up 40 % in the case. Yes, absolutely. It's 40 % up. I understand. But SpaceX will set up all the company with a lot of exponents. The power of the company goes a little together with the room.

27:41It's like many have used Starlink and other things on the slagfell. It's just Unibubb and OAC. I got a lot of orders here. I think Unibubb also got a lot of orders. It feels like it really bubbles in the whole sector. There are also alternatives on the Swedish market for a while. Yes, I think that the whole sector... It's clear that it's a house. We've had such a house period before the sector. The skill of today is that the state and the capital are now aligned. with this this it comes in money before it has been a little in every house before it has not really been the the financial and the the ability to invest from a state of and in this business when it comes to the things that are so cheap so it must be the state of the money that drives it and it's very much state which are also but before it was more projects and so on, now it feels more big and budgeted is very big and especially all the military has understood that the rim is a important play.

29:08Yes, exactly. When the government says it, then it's a whole different pool of money to up, which I think is very much gynnal the bransch. very much. And then you talked about SpaceX, Nasdaq has the rules here it's been the biggest dump in but like IPO and now it's going to do in a week or two weeks or a month so all indexes will be going to buy it here so you will set it on a very high value and then you will get this gigant, big, big Nasdaq and then the passive has become the biggest, and now it's going to do the rules so that they almost directly will come to buy in sig så det kommer ju komma årtusendets ETF köpflöde här i SpaceX så det känns ju helt sjukt riggat och fantastiskt det är väl Google som äger typ 7 % av SpaceX, jag vet inte vad de ska göra med sin position sen när det kommer på börsen men de som varit med tidigt här eller bara är med i huvud taget känns ju som mega vinnare på den här IPO och då känns det ändå ganska, det känns som att de vill införa, Elon Musk vill införa OpenAI och de här så att han liksom pressar på att det här ska ske någon gång under sommaren.

30:19Det är ganska tajt in på här. Ja, precis. Det verkar vara ett raise till börsen för alla de här. För att riskviljan i den privata sektorn är väl väldigt dålig, verkar det som. Och det kanske har vi med private credit att göra och private equity finns inte riktigt där och VC-firmer. Det verkar inte vara heydays där, om vi säger så. Så då är det börsen som gäller. Och då får man passa på nu när börsen fortfarande trots allt som händer står ganska högt. and Elon Musks his answer is still very very high and Tesla is still very very good trots that the price of the price of the price so it's very smart and SpaceX is it's a brand that they hold on with the power of Starlink and they have helped Ukraine and they see how Artemis is on it it's a space race so it's It's really smart to go to the market now, especially before opening AI and Entropic and they will go to the market.

31:23Yes, and it will be guaranteed to spill over on many other companies, for example, Etesat or the Swedish. If you compare it with multiple, it's clear that it's different companies, and it's especially the French people who are still there, But if you look at the multiple, it's a konkurs - on them. Yes. Let's go on to Snapchat. I had a position in the beginning of the year. The has knocked out because it has gone so badly. I still have a company. I think it's still interesting. I saw the last week that it came in an activist. The action has gone from 8 to 4. Now he had bought 2 ,5 % of the company and sent out a letter.

32:13He saw a value of 26 dollars. He thought he would spin off the glass of money, where he lays money. So many say that it has different values that he can do. I think that it has been a trend with the ban of social media in different countries. I have to understand how it will affect or if it will be implemented. But it feels like... I've listened to quite a lot about this. It feels like there is something to do here. If it's been for many countries with social media and the other, what should the children do? It feels like there is a big business. So antingen they can use a lot of China and a lot of apps instead And that's the way it feels like the bad way Or they go out to the sky and do what we did when we were small That they were just doing real things And that was positive So we'll see what it's going to do It was even a statement For the social media companies That they lost in Los Angeles That it was a woman who had decided to stop them And that they didn't try to stop it and she got 25 million kronor if I understand it right and it looked like a drink with cigarettes that it was going to be able to do it to do it and Meta and Snapchat and all the action have been on it so I think that the numbers and the potential are really in Snapchat then it's a very obvious world with the ban and staining and other things around the entire sector just now you have any input on taxes I think my

34:08forbud will really fit together god

34:16social media I think that the all types of is

34:24out there it feels like it has now Till skillnad från när det kom När vi var yngre Nu var man inte superung När det kom i och för sig Men det fanns ju andra versioner på det innan Alltså innan Instagram Och det kom Så det fanns ju rätt länge innan I andra former Man var ju ändå med på Facebook Att det fanns bara en vål Och sen helt plötsligt lanserade de en tjänst Som var meddelande Så kunde man liksom chatta med varandra Och det var helt sjukt Innan var alla meddelande helt offentliga so just skrev man in the message came there so could sms me or play or Luna Storm so I mean I don't know I don't know if it's a big problem now when you know the last 15 years have been that people just have been able to do it then comes back and that and that it's not all that can be good at it or can use it on the right way.