Value in 60 seconds: Long ideas vs reckless investing

The firm's top long-investment picks gained 33% since 2021 and beat the market this year. The speaker contrasts this disciplined approach with reckless meme-stock bets, which only thrive when money is loose. As credit tightens, investors need better ideas.
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I do want to point out that our long ideas do really well as well. We're not just about shorting. We've got great long ideas. We focus a lot on that. We do a ton of work on that. Our focus list long, which are our best of our best long ideas, has outperformed significantly through the first 3 quarters of this year, and it's also outperformed Since 2021 by 33%. The long ideas do really well. We put a lot of work into those. And I think we're moving into an environment where that work matters. It's very simple. When you have too much money sloshing around, what does that mean? People don't have to be discerning. They can be reckless with their capital, which is what meme stock and a lot of speculative investing is. It's reckless investing. You get away with being reckless. When the money supply begins to shrink, credit conditions tighten, you can't be as reckless. And what we help people do is avoid reckless investing. We do that with long ideas. We have a lot of great long ideas. They're on the site here in the long ideas section. And on a regular basis, we're going to be providing you with plenty of places to put money, not just places to avoid money.
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