Do Centralized Real World Assets on DeFi Break Ethereum? - Bits + Bips

Bullish:

• $BRK.B - Ram sees value emerging in Berkshire Hathaway at attractive valuation during market selloff.

  • “I picked up Berkshire Hathaway last Friday. It's got a price of tangible book of 1.3.”

    Ram·32:56
• $MSFT - Ram is buying Microsoft as part of flight to safety into large cap tech with strong fundamentals.

  • “I picked up Microsoft.”

    Ram·33:02
• $META - Ram sees value in Meta at attractive forward P/E multiple during market correction.

  • “I picked up Meta at 17.5 Ford PE.”

    Ram·33:04
• $BTC - Chris sees Bitcoin as resilient and expects it to catch up to gold narrative with good medium to long-term outlook.

  • “I think you're gonna see Bitcoin starting to catch up to the gold narrative. It's inevitable.”

    Chris·8:48

  • “medium, long term, bullish as ever”

    Chris·8:52

Bearish:

• $TSLA - Ram views Tesla as egregiously overpriced in current market environment.

  • “Tesla's egregiously overpriced.”

    Ram·33:18
• $NFLX - Ram considers Netflix still expensive despite market correction.

  • “Netflix is still expensive.”

    Ram·33:17
• $CAT - Ram has shorts on industrials complex which he views as a bubble, specifically naming Caterpillar.

  • “the industrials complex, which I have shorts on that crack today, names like Teradyne, Caterpillar, John Deere, that's a bubble. That whole category is a bubble.”

    Ram·33:31
• $DE - Ram views John Deere as part of industrials bubble with shorts on the sector.

  • “the industrials complex, which I have shorts on that crack today, names like Teradyne, Caterpillar, John Deere, that's a bubble. That whole category is a bubble.”

    Ram·33:31
• $SPY - Ram predicts 15% S&P correction to 6,000-6,200 level due to oil shock, inflation, and geopolitical risks.

  • “I think the downside could be something like 6,006 thousand 200 in the S and P or 15% correction.”

    Ram·31:08

  • “I think it's just a very caustic environment for risk assets.”

    Ram·34:23
• $BIOTECH - Ram observes biotech sector rolling over in current market environment.

  • “Biotech is rolling over.”

    Ram·34:13