Jun 11, 2025

Recently, fund manager Gary Black made headlines for selling his remaining Tesla shares due to concerns over valuation and the company’s direction under CEO Elon Musk. Black has shifted his focus to big tech bargains such as Nvidia, Meta, Amazon, and DoorDash, which he believes offer better investment opportunities. His investment strategy revolves around identifying companies with strong growth potential and reasonable valuations, with Nvidia standing out for its AI capabilities and high product demand.

Private equity firms are increasingly looking at opportunities in college sports following a recent settlement allowing schools to pay student-athletes. This decision has provided more economic clarity, potentially paving the way for increased dealmaking in the sector. Additionally, various firms are making moves in the financial industry, such as Centerbridge Partners raising funds focused on Fairstone Bank of Canada and G Squared raising its seventh fund.

The market is witnessing a shift towards private markets, with retail money flowing in and leading to growing liquidity risks. Managers are adapting strategies to accommodate retail investors while addressing potential liquidity mismatches. Concerns about the convergence of public and private market investing and the need for quality assets have been raised as the industry evolves. The debate surrounding the best funding model for investing in cryptocurrencies continues, focusing on raising money from retail meme investors to mitigate risks.

The impact of tariffs on the US economy has been a topic of discussion, with fluctuating stock market reactions following President Trump’s announcements. The debate revolves around whether tariffs could be beneficial for long-term growth or expose the economy to new risks. Lawmakers have been actively trading stocks in response to tariff news, with various viewpoints on the potential consequences. Lastly, the US government has resumed investigating foreign-bribery cases under the Foreign Corrupt Practices Act, focusing on matters affecting US strategic interests and American firms’ international competitiveness.

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