Hi Logoists, heres episode 1 of the new pod, LOGO Quicktakes where I talk about our new ETF, Alpha brands consumption leaders, LOGO is the symbol.. I talk about the market opportunity and how LOGO is managed and why you need dedication to this $60T theme. Enjoy!
Another add-on on global brands and LOGO
Great overview of the ALpha Brands Consumption Leaders ETF, LOGO from Google NotebookLM
I discuss the February results for the brands strategy, what worked and what lagged. Which style factors and sectors are being rewarded and which ones are lagging. I talk about what could be driving the current market volatility, how long it could last, and what's driving it. Uncertainty is driving everything right now. Perhaps the Trump administration wants an economic slowdown to help bring inflation and rates down so refinancing's get done at better rates?
I talk quickly about the current brands portfolio.
BRANDS MATTER
For more info on how to own great global brand:
The Dynamic Brands strategy had a great month, handily outperforming the S&P 500 by 400bps. Tech was the worst performing sector, Healthcare the best. In this month's portfolio update, I talk about what worked and what lagged, what to expect from the Trump Tariffs and how to make the VOL your friend not your enemy. I covered how the brands portfolio holdings performed and how the trading book performed for the month. Hint: the trading opportunities are robust and should stay that way for the next 4 years. Honestly, thats a great thing with valuations so high, trading can add a ton of value versus a full, buy-hold approach.
For more information on how to invest in the greatest brands ever created: I list the holdings, performance, and all the brochures and fact cards.
In today's 2024 brands portfolio update, I talk about the fund, HSUTX and its returns for 2024 as well as a look-back since inception 10/17/17. An allocation to leading global brands offers significant diversification benefits as well as return benefits. Brands tend to live in the sectors under-represented across indexes. The Fund is overweight Consumer Discretionary, Staples, Communication Services, and Financials vs the market. I talk about the holdings we own, their weight vs the benchmark and what we think will perform well in 2025.
For more information on investing in global brands:
Mark is my favorite analyst and does extraordinary research on markets. He has seen multiple boom and bust cycles so if theres anyone you want to listen to on tech, media, telecom, its Mark at ISI.
In this year end episode we talk about:
Meta, Amazon, Google, Uber, Lyft, Booking, AI, Expedia, Pinterest, and Grab.
"The year of efficiency has turned into multiple years of efficiencies...we expect this to continue...plus AI implementations driving better ROAI". Great margin stability and expansion.
You NEED to have his book on your desk: "Nothing But Net"
Amazon: https://a.co/d/5HfAWMp
For more information on investing in the greatest brands the world has ever seen:
https://www.globalbrandsmatter.com/dynamic-portfolio
I talk about the performance in November and YTD in the Dynamic Brands equity strategy. I focus on the high-tracking error nature of the process and portfolio and highlight the sectors top brands live in vs index weights. I cover the 24 brands we own and then dig into the current health of consumers and how holiday shopping is going. I also highlight a few new brands to the portfolio. I end with the positives and risks we see headed into 2025.
For more info about the global brands fund:
Using Googles NotebookLM to create a 1-1 podcast chat discussing a new MS report on Black Friday, winners and losers and retail trends.
For more about investing in top global brands:
Using AI 1-1 podcast format for topics and brands focused on the global household spending theme which is $50T in size.
For more information on investing in global brands:
I look at the Dicks Sporting Goods quarter and add some color from MS and Goldman notes. We do NOT own Dicks at this time but are considering it.
For more information on the Dynamic Brands Fund:
This is becoming a very cool experiment. I drop in all my notes on the portfolio of brands we own in the Dynamic Brands Fund HSUTX and Googles NotebookLM summarizes them into a 1-1 podcast conversation. I'll use more of these as a fun way to tell the story of investing in great brands and making money on these great companies by owning the stocks.
For more info about the global brands fund:
If you haven't tried Googles NotebookLM product to summarize marketing brochures and other readings using a 1-1 podcast format, you have to try it, its truly amazing. Here's the AI summary of the recently refreshed Brands Investor Brochure, which can be found here in 1 of the orange boxes at the top of the portfolio page:
https://www.globalbrandsmatter.com/dynamic-portfolio
In this months update, I talk about the month and YTD of the brands equity strategy, what worked by sector and style box as well as how each brand we own is performing as a stock and how its performing fundamentally. I also talk about what we expect for the rest of the year and into next weeks elections and how to play any weakness we see.
For more information about the fund or investing in Mega Brands:
https://www.globalbrandsmatter.com/dynamic-portfolio
In today's episode, I cover the month of September and Q3 returns for the Brands Fund, the markets, sectors, and the brands we own. I talk about the active trading environment and using volatility to enhance returns to the core, buy-hold portfolio of great brands. I also cover the health of the consumer and how we see consumer spending developing through the holidays.
Bottom line: Investors should expect more volatility over the next 4-5 weeks. Great for traders, not so great for investors. In a world where central banks are now focused and coordinated on rate cuts, an asset price tailwind is alive and well and dips will likely be bought. Use these periods of VOL to upgrade your portfolio and to build bigger positions in your favorite long-term stocks.
For more information on the Dynamic Brands Fund:
In today's August Dynamic Brands Update, I talk about the market returns along with what styles & sectors are doing YTD. I talk about the global brands portfolio, winners & laggards. I also highlight how crowded tech and semiconductor exposures are currently and how hated consumer stocks are. That's a wonderful contrarian signal. I talk about the health of the consumer, different income cohorts, and the general sentiment amongst consumers. I end with the risks we see in markets and with the Fed as well as the wonderful trading markets we have today and what trades we have ten in August.
For more information on the Dynamic Brands Equity strategy:
https://www.globalbrandsmatter.com/dynamic-portfolio
Today I discuss the volatility in markets today, the July & August rout in equities. I highlight the "everything else" trade and if it has legs and talk about our focus on quality. I talk about the brands portfolio, allocation shifts, where we added and what's performing or lagging. I end with my views on the consumer and how and where they are feeling and spending. You are getting an opportunity to buy some of the most dominant, relevant companies driving global growth on sale today. Use this opportunity to add to your favorites. We are certainly doing that the last few days.
For more information about the global brands strategy:
I discuss the quarter and YTD p[eriod for the brands portfolio as wlel as overall markets and what worked and didn't work. I also talk about the worlds largest crowded trade, an overweight to tech, semiconductors and AI stocks and offer a potential catalyst that could force some capital away from the crowded trades and in to everything else.
For more information on investing in global brands:
https://www.globalbrandsmatter.com/dynamic-portfolio
I discuss the overall market, rates, inflation, economic data and the global brands we own. I also highlight which sectors and style boxes are performing and lagging. I spend a little time talking about the consumer and the massive amount of capital at their disposal that flows to the consumption theme. This is a great market update and highlights the power of investing in global brands and the consumption thematic.
In today's April and YTD update I discuss what we see in equity markets, how top global brands are performing, what we see for inflation, the Fed, rates, and how to navigate this turbulent market.
Brands matter more than ever when rates and inflation stay higher for longer!