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Stansberry Digest

How to Protect Your Portfolio From SpaceX and OpenAI

A warning from Whitney Tilson... The most overhyped, overvalued large caps of all time... The next coming of WeWork, but on steroids... SpaceX's odd mix of businesses... A looming crisis for your retirement savings...


Editor's note: Today, we're bringing you a special Friday Digest from Stansberry's Investment Advisory lead editor Whitney Tilson...

The occasion is the pending mega-cap IPOs we've written about lately, including from Elon Musk's SpaceX and ChatGPT creator OpenAI. Whitney has a strong take on both of these companies going public. As you might gather from the title of this essay, he's not bullish...

In this essay, Whitney details why he's skeptical of the excitement around these two stocks. He examines the balance sheet of SpaceX (since it has filed a public prospectus already and OpenAI hasn't), analyzes the company's "odd mix of businesses," and shares perspectives on the subject from a few friends.

This is the type of analysis Whitney regularly provides in his free e-letter, Whitney Tilson's Daily, and our flagship Investment Advisory... And i

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LATEST ARTICLES

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DailyWealth

Old-School Data Centers Are Back

Editor's note: The AI boom is creating winners beyond the stocks grabbing headlines. According to Joel Litman, chief investment officer of our corporate affiliate Altimetry, "traditional" hardware titan Dell Technologies is turning into a force in AI infrastructure. And while the stock has already soared this year, Wall Street may still be underestimating the company's growth potential...Dell Technologies (DELL) used to be easy to label...

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Health & Wealth Bulletin

A Better Way to Play the Modern-Day Space Race

America's greatest enemy lurked in the skies above rural Texas.On October 4, 1957, the Soviet Union launched Sputnik – the first satellite successfully launched into low-Earth orbit.

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Stansberry Investor Hour

Episode 467: Value Investing Is Dead. Here's What Replaces It.

In this week's Stansberry Investor Hour, Dan welcomes Matthew Tuttle to the show. Matthew is the CEO of Tuttle Capital Management, a firm that focuses on breaking away from conventional Wall Street wisdom by using its own ETFs that target new investment opportunities.Matthew kicks things off by discussing the "death of value investing" and what he believes is contributing to it. First, with the advent of the Internet, information was more accessible to ordinary people, so a lot of the edge from learning crucial details was lost. Second, folks lost interest in value investing. When COVID-19 struck, a lot of new investors spent their stimulus checks on meme stocks instead of solid companies. But while Matthew thinks it's dead, he says the new value stocks are in heavy assets, low obsolescence ("HALO") investing. These are stocks with physical assets, so it's unlikely that even AI could disrupt them...

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Whitney Tilson's Daily

SpaceX and OpenAI's IPO horse race spells catastrophe for investors

Two of the biggest IPOs in history are in the pipeline – for SpaceX and OpenAI. And they're competing to claim the title of the most overhyped, overvalued large-cap stock of all time.The winner will wrest the title from Palantir Technologies (PLTR), which briefly traded for more than 100 times revenues last November. The data analytics firm is down nearly 30% since I added it to my "Stinky Six" list of stocks to avoid on October 29 (and it still has a lot more room to fall).

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