Matthew Sigel

speaker
339 appearances 1 recordings 1 series first heard Apr 2026 last heard 1 Apr

Matthew Sigel’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

Appearances

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They've done a great job of onboarding real world assets.
The oil and precious metals volumes are considerable.
It's the best way to express macro multi-asset views on the weekend.
They have a buyback, which is considerable.
And the valuation based on that buyback math looks pretty reasonable.
So there's one example where there is no hype ETF.
So I had to buy a DAT in the fund.
Very small position given the volatility.
But I think that's one that's worth looking at.
Got it.
Is there anything that you're worried about in 2026?
Yeah.
I mean, I'm worried about Mag7 not earning a return on their enormous CapEx.
And when you look at companies that go through enormous investment cycles, tends to be a tough time for the stock because you only learn later what the return on capital is.
And
And with the concentration of these companies in the S&P, if they're not earning a return, that's going to be a real headwind for the market.
We were debating this the other day.
Microsoft has been a total dog year to date.
It's now as cheap as it's ever been on P.E.,
And, like, why is that?
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