About this video
- Video Title: I made a Move‼️
- Channel: Jeremy Lefebvre Makes Money
- Speakers: Jeremy Lefebvre
- Duration: 00:35:42
Overview
This video discusses managing emotions in investing, the importance of a sustainable strategy beyond luck, and an analysis of potential market hedges. The speaker shares insights on his portfolio's growth, critiques specific stocks like Ferrari (RACE), examines broader market trends in luxury goods, and reacts to commentary from Tom Lee regarding the market's future outlook. The video concludes with the speaker detailing a specific hedging move he made against Tesla (TSLA) using TSLZ.
Key takeaways
- Portfolio Growth and Emotional Management: The speaker's public account has grown significantly, nearing $4.1 million. He emphasizes the need to manage emotions associated with such gains and to develop a sustainable strategy rather than relying on luck.
- Importance of Due Diligence: Many investors may have profited recently without in-depth research. The speaker stresses that consistent success requires continuous work, research, and strategic planning, especially to withstand market downturns.
- Ferrari (RACE) Valuation Concerns: The speaker analyzes Ferrari's high valuation and expresses regret for not shorting it. He points to negative market sentiment around new models like the F80 and the 812 Competizione, as well as concerns about the brand's direction (e.g., V6 engines, electrification) and potential sales impact.
- Luxury Market Weakness: Broader trends in luxury goods, including LVMH and Rolex, show weakness, contrasting with record highs in other asset classes like stocks, gold, and crypto. This suggests a disconnect between wealth and consumer spending in the luxury sector.
- Market Hedges and Tesla (TSLZ): The speaker details his hedging strategy, particularly adding to his position in TSLZ (a 2x inverse ETF against Tesla) due to his belief that Tesla is vulnerable to market downturns. He views this as a prudent hedge rather than a primary investment.
- Tom Lee's Market Outlook: The video includes a reaction to Tom Lee's optimistic view of the market reaching 7,000 for the S&P 500 by year-end, while also acknowledging potential risks and mixed economic data.
