@PerrittCap Profile picture

PERRITT

@PerrittCap

Micro-cap manager with thirty years of experience.

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$84 trillion in assets is set to change hands over the next 20 years. The recipients will be primarily members of Gen X (those born between 1965 & 1980), millennials (1981-1996) & Gen Z (1997-2012), are expected to inherit $72 trillion. The remainder will be going to charity.


Apple has bought back $655 billion in stock over the past 10 years, which is greater than the market cap of 490 companies in the S&P 500.


“Keep your eye on one thing and one thing only: how much government is spending. Because that’s the true tax. If you’re not paying for it in the form of explicit taxes, you’re paying for it in the form of inflation or borrowing.” – Milton Friedman


#WednesdayWisdom If you don’t like the road you’re walking, start paving another one….Dolly Parton


MondayMotivation If you are distressed by anything external, the pain is not due to the thing itself, but to your estimate of it….Marcus Aurelius


Vanguard is projecting only a 1.1% annualized return for Large Cap Growth stocks in the next 10 years. They are also anticipating outperformance from Large Cap Value stocks (+5.7%), Small Cap stocks (+6.0%), and International stocks (+7.9%).


Since the launch of ChatGPT, Big Tech has added over $8 trillion in total market cap.


If holders of Treasury Bonds diversify into gold to hedge their repayment risk, we might see a “gold wave” continue to grow….Gabelli Gold


#WednesdayWisdom Keep your face always toward the sunshine – and shadows will fall behind you….Walt Whitman


#MondayMotivation The only thing people regret is that they didn’t live boldly enough, that they didn’t invest enough heart, didn’t love enough…..Ted Hughes


“It is always in my mind that I can still crush anybody. If you don’t believe you can win tournaments anymore, then you can’t do it.”….Roger Federer Stock picking is a game of self-confidence. Whether you win or lose today another big win is right around the corner


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