⁠The Kobeissi Letter
BREAKING: The median asking home price in the US jumped 6.3% year-over-year last week, to a record $424,985.

Since the beginning of the year, the median asking home price has risen by ~$50,000.

Moreover, the median sale price rose by 3.0% year-over-year, to $383,750, the highest since November 2024.

Meanwhile, the average weekly mortgage rate hit 6.67%, more than double the pandemic lows.

As a result, the typical homebuyer’s monthly mortgage payment surged 5.3% year-over-year, to a record $2,807.

Housing affordability is still getting worse.
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⁠The All-In Podcast
RT @ALLIN_meetups: Meet local besties & celebrate Episode 225 happening April 26 around the world

Join or host 👉 https://t.co/SwGpZAvZof

@Jason @friedberg @chamath @DavidSacks @theallinpod @all_in_tok @BrandonLucasOFC https://t.co/ysC5jozN9T
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⁠Investing visuals
$TSM reports earnings on Thursday:

🔹Est. Revenue: $25.69 Bln (+40.5%)
🔹Est. Earnings per share: $0.42 (+55.6%) https://t.co/NdWa92FfNi
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⁠Finding Compounders
Li Lu recounts how Charlie Munger read Barron’s for over 40 years and only got one investment idea from it

Investing is about extreme patience combined with extreme decisiveness https://t.co/ielXieYGtl
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⁠Finding Compounders
Benjamin Graham on Special Situations https://t.co/49kBFAS9hk
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⁠The Kobeissi Letter
BREAKING: China orders its airlines to halt any further deliveries of Boeing jets as the trade war escalates.
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⁠The Kobeissi Letter
BREAKING: President Trump says, "all necessary permits will be expedited to Nvidia" after the company committed to build $500 billion in the USA. https://t.co/C2GEDLHpG1
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⁠Finding Compounders
Seek firms that create equity https://t.co/p1G9YwHrEP
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⁠Investing visuals
$NFLX reports earnings on Thursday:

🔹Est. Revenue: $10.5 Bln (+12.1%)
🔹Est. Earnings per share: $5.74 (+8.8%) https://t.co/Ds5SEgi8SZ
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