Jim Ross

It was great to be back in Boston last week, reconnecting with returning Institute members and meeting new market and investment leaders! We are excited for the events and research areas we have coming up in the next few months! #ocio #investmentsolutions #investmentmanagement #investmentconsulting

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With seven of the top ten MSOs (by enterprise value) reporting, here are some summary metrics: * Only Green Thumb Industries (GTI) and Trulieve beat topline revenue expectations * Four of the seven beat AEBITDA expectations. * Sales increased 0.32% Q/Q and 3.95% Y/Y. With no new markets opening, we expected softer top-line growth. * AEBITDA dropped -1.55% Q/Q and grew 13.79% Y/Y. Big SG&A cuts drove the strong Y/Y AEBITDA improvements. Green Thumb Industries (GTI) and Trulieve have had the classiest quarters; we’ll see what we learn tomorrow from TerrAscend, Cresco Labs, and The Cannabist Company.

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Amid tightening spreads and market shifts, we discuss the complexities of the securitized sector and exploring opportunities in undervalued areas like commercial real estate and asset-backed securities.

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Putting July's Volatility into Perspective In today's video Observations and Expectations, Virtus Senior Managing Director and Chief Market Strategist, Joe Terranova, provides context on the elevated volatility in the month of July. #ObservationsandExpectations

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I founded Blair Capital Management after decades in the trenches of Wall Street witnessing firsthand how the largest institutions and hedge funds combine to aspire to wealth preservation and growth. Let’s start a conversation today!

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I founded Blair Capital Management after decades in the trenches of Wall Street witnessing firsthand how the largest institutions and hedge funds combine to aspire to wealth preservation and growth. Let’s start a conversation today!

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I founded Blair Capital Management after decades in the trenches of Wall Street witnessing firsthand how the largest institutions and hedge funds combine to aspire to wealth preservation and growth. Let’s start a conversation today!

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📢 Just released Thought Piece: How Managed Asset Portfolios Utilizes Covered Calls  Our latest article discusses how our Investment Team leverages covered calls and the key criteria that shape our strategy. 🔍✨ Read here: 👉 https://lnkd.in/eCJ897Fm #ManagedAssetPortfolios #Investing #OptionsTrading #InvestmentStrategy #ContrarianThinking #MarketInsights #RiskManagement #InvestmentResearch #GlobalMarkets #ValueInvesting

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Powered by AVACF and Avance Gas's extraordinary cash generation + return to shhldrs ($3.50/shr divvy for 3Q24 announced this AM,) ExCap just blew through the 50% ytd gain mark. We use zero leverage, but hold very little cash (~3% of the portfolio today) and I don't gamble on non-income generators This "stuff" works. To be fair, it is freaking thunderdome out there in the mkts since DJT 2.0 was confirmed. But SPY is up 27.7% ytd and QQQ, surprisingly, is lagging with "only" a 25.1% gain ytd. We are winning handily. Getting de-platformed by failing financial media outlets has been the best thing for me and for ExCap. I am still, for the time being, accepting new asset mgmt clients Getting close to ExCap’s capacity, tho. So PM me for details ASAP. It just makes sense.

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Regulators think they are doing good. The outcome, however, is generally the opposite of the intent. The 3.48 hours per resident day staffing rule has just been finalized for nursing homes. This will have the effect of shutting down single-entity non-profits captained by local or religiously affiliated boards who do not have the resources and also rural communities (who will use the exemption until it burns off). As such, there will be less supply of care while the demand for it is only increasing which will probably put a higher burden on emergency care sourced at acute care hospitals. https://lnkd.in/eA5TxQDU

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Tuesdays have rebounded 1.8% on average (back to 2004) following a Monday decline of more than 2.5%. The S&P rallied 1.0% yesterday, with all sectors in positive territory. CIO Larry Adam provides insight into this and other market headlines in Up & Adam.

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Thank you Citywire, Citywire RIA, Arielle Shternfeld, and Reagan Darrah for interviewing us at the CAIS Summit in Beverly Hills. We’ve had a strong focus on alternative and private #investments for our multifamily office from Running Point’s inception. Additionally, at Running Point, we manage private placement life insurance (#PPLI) and private placement variable annuity (#PPVA) accounts—great structures for owning privates and compounding growth tax free—for other #RIAs, #wealth-managers, and family offices. #CAISSummit #alternatives #financialadvisors ~~ Disclosure: The opinions expressed are those of Running Point Capital Advisors, LLC (Running Point) and are subject to change without notice. This is not investment advice and this is not a recommendation to buy or sell a security. The opinions referenced are as of the date of publication, may be modified due to changes in the market or economic conditions, and may not necessarily come to pass. Past performance is not indicative of future results. Forward-looking statements cannot be guaranteed. Running Point is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Running Point’s investment advisory services and fees can be found in its Form ADV Part 2, which is available upon request. RP-24-165

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📣Join us for our April Roundtable! We discuss the current market environment and portfolio positioning in light of recent economic data coupled with the kickoff of earnings season. Watch now: https://lnkd.in/ecnZCMUr #ManagedAssetPortfolios #webinar #ValueInvesting

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Why is Crown Castle (CCI) the “single best trade” for our CIO of alternative and multi-asset portfolios, Adrian Helfert? During his interview on TheStreet, Adrian highlighted its unique position: “We see a good catalyst in the future. We see good yields. We see a depressed valuation we think can be realized.” Citing its strategic pivot under new leadership and its potential to unlock value through a focused review, Adrian sees potential growth in the short term if catalysts align. Watch the full interview to explore his deep dive into CCI’s prospects: https://bit.ly/4icfZqT #TowerStocks #MarketInsights #StockAnalysis #ReUrbanization

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