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Bloomberg: "No reliable safe havens." Billionaires have been investing elsewhere. Here's how to get in.
Bloomberg's Marcus Ashworth wrote plainly recently: "No more reliable safe havens."
After all, the S&P fell over 7% from the February peak. Bonds, even with less risk, are barely keeping pace with inflation.
So-called "diversified" portfolios have gotten hit from multiple directions.
Meanwhile, the world’s wealthiest have been setting records in another asset class.
Circumstances are always unique, but after the dot-com bust, it grew roughly 24% annually for a decade. After 2008, roughly 11% annually for 12 years.
Blue-chip art.
Why? It trades globally in multiple currencies, has scarce supply, and has shown near-zero correlation to equities since 1995.*
With Masterworks, 70,000+ investors allocated $1.3B fractionally across 500+ artworks featuring Banksy, Basquiat, and Picasso.
Accredited? You can invest in a diversified portfolio of postwar and contemporary art alongside two other real assets. From 2017-2025, the mix would’ve beat the S&P 500 by 3.1x.
See if you can improve your portfolio performance all in one diversified strategy.
*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd
Three stories were on the table this week. We ran the one nobody else is leading with because it’s the one that will still matter in twenty years.
Happy Memorial Day (not that any of us are taking the day off)!
Three stories were on the table this week. The Cargill Fort Morgan lockout. The Texas AG joining the DOJ on the Big 4 packer concentration case. And a USDA-funded computer vision project out of the University of Illinois that is trying to do something cattle producers have wanted for as long as anyone has been selecting cattle: put a number on structural soundness.
This third story isn’t being covered, and it should be, because it’s the kind of research that starts quietly in a university feedlot, disappears into peer review for a few years, and then surfaces as the EPD that changes how an entire industry makes its most expensive selection decision.
Ask any auctioneer, any judge, any rancher who’s been at it long enough to have culled a few hundred cows what separates a heifer that stays in the herd for ten calves from one that washes out at three. You hear the same answer in different words: “she’s put together right.” Strong feet. Square hocks. Moves easy. Built to walk. What you will not hear is a number. That’s the gap this project is trying to close.
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