In this episode of Non-Consensus Investing, we're seeing a major shift happening right now. Quality stocks are finally on sale after animal spirits got crushed in the last 30 days. We're talking about the rotation everyone missed—solid companies trading below their 200-day averages while earnings keep growing. This isn't 2021 stimulus-driven hype. This is organic growth with analysts holding their forecasts steady. We break down why Fed rate cuts are just theater, how valuations reset from bubble levels, and which stocks we're actually buying: S&P Global, Norwegian Cruise Lines, and Meta at prices that make sense. Big investors remember 2021. They're watching valuations like hawks and jumping in hard when quality gets cheap. The biggest mistake right now? Chasing your favorite momentum stocks on the dip. Those dips usually keep falling. You need to rotate your money to where nobody else is looking. After the dotcom crash, boring small value stocks crushed big tech. We might be watching that pattern repeat today.
(03:21) Lumida Copilot AI App Launch
(04:32) The Revenge of Warren Buffett Theme
(05:28) Economic Outlook and Earnings Strength
(09:41) Why Fed Rate Cuts Are Just Theater
(14:33) Valuation Reset and Market Corrections
(22:40) Quality vs Momentum Investment Styles
(29:48) The Power of Operating Leverage
(30:16) S&P Global Bull and Bear Case
(31:06) ICE: High-Quality Dislocated Asset
(33:05) Consumer Discretionary and Market Psychology
(35:16) Software Stocks Getting Cheap from AI Fear
(47:35) Communication Sector Opportunities
(52:51) What We're Building and Future Events