Today's Letter

• Sentiment is getting greedy

• ETH mentions overtake BTC and SOL

• Snoop gives up smoke

A golden moment for private credit 🤝

The most interesting thing about the private credit market is what’s happening today.

The market is opening up to ordinary retail investors for the first time ever. It's a golden moment.

Percent is the only platform exclusively dedicated to private credit. They provide accredited investors access to a wide variety of high-yield, short-duration offerings (9-month average).

These shorter-term investments are more responsive to current market conditions and interest rates. This means you can regularly calibrate your investments to meet your needs.

• Get as much as 20% APY and more (That’s high)

• Investment minimums as low as $500 (That’s low)

• Swaggy readers can earn up to a $500 bonus with their first investment (Neat)

PS - Check out this guide to investing in private creidt: ​How to analyze risk & reward in alternative lending​. This is smart, in-depth stuff. Check it out.

SPONSOR

🧠 Stock ideas

Last week, you said you wanted more individual stock analysis.

Ask, and you shall receive.

With crypto booming, there’s a buzz around the metaverse again. If you’re a believer, check out these three stocks. We break each one down below.

In each case, the balance between pioneering technology and market uncertainty is quite pronounced. It's a fascinating sector to watch, with high potential for both disruption and growth.

Analysis provided by public.com.

Meta ($META)

Metaverse Involvement & Strategy: Meta is actively reshaping its entire business model to focus on building the metaverse, with significant investments in AR/VR technologies and social platforms like Horizon Worlds.

Bull Case:

• Strong financial resources and a vast user base across its platforms provide a solid foundation for leading the metaverse evolution.

• Pioneering technology in AR/VR through Oculus and extensive R&D could position Meta as a primary architect of the metaverse infrastructure.

Bear Case:

• High investment costs with uncertain returns and timeline, especially as the metaverse is still in an embryonic stage.

• Regulatory scrutiny and privacy concerns, which have historically impacted Meta, could hinder its progress in the metaverse space.

​Full analysis

One more idea - Invest in the gamification of wellness

Oberit is an early-stage HealthTech company with an innovative approach to mental health and addiction recovery. Oberit's solution is grounded in AI-powered relapse intervention and a data-backed treatment app that promotes healthier lifestyles.

The company is currently raising an equity round valued at $6 million, potentially rising to $8 million.

Oberit's unique selling point lies in its gamification approach, where users earn "Oberit Coins" for engaging in health-positive activities. These coins can be exchanged for products or discounts from various health and wellness brands, encouraging sustained app engagement.

The market is big: over 1.5 billion individuals are estimated to be grappling with addiction or mental health issues. The escalation in addiction rates and a gap in affordable and efficacious recovery resources underscore the critical need for innovative solutions like Oberit's.

The market opportunity for Oberit is substantial, driven by factors like increased health awareness, technological advancements in health services, a shift towards preventive healthcare, and growing global middle-class expenditure on health and wellness.

Their revenue streams include paid subscriptions and revenue from marketplace providers, aiming for an Annual Recurring Revenue (ARR) of over $27 million by 2026. The acquisition of the ‘Become Program’ has enhanced its offerings and user engagement, with the app ranking in the 75th percentile in its category on the Apple App Store.

The investment comes with many of the usual risks, including the company's dependence on its marketplace model, the need for future funding, and reliance on a small management team. These factors could affect the company's ability to scale and sustain profits in the long term.

Always DYOR.

Check out the funding page, or request a warm intro to the CEO.

This thread/comment doesn’t actually give any actionable ideas, so I put some together for you:

Short Chinese stocks: You can short-sell Chinese stocks or invest in inverse ETFs that are designed to profit from the decline of Chinese equities. For example, the ProShares Short FTSE China 50 ETF (YXI) or the Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) are inverse ETFs that could benefit from a decline in Chinese stocks.

Invest in alternative emerging markets: Diversify your portfolio by investing in other emerging markets that could benefit from a potential decline in China's economy. Countries like India, Vietnam, and the Philippines may see increased investment and growth as companies shift their production away from China. You can invest in ETFs that focus on these countries, such as the iShares MSCI India ETF (INDA), the VanEck Vectors Vietnam ETF (VNM), or the iShares MSCI Philippines ETF (EPHE).

Bet against Chinese real estate: If you believe that the Chinese real estate market is overvalued and due for a correction, you can short-sell stocks of Chinese real estate companies or invest in ETFs that have significant exposure to the Chinese real estate sector. For example, you could short-sell stocks like China Vanke Co. Ltd. (000002.SZ) or China Evergrande Group (3333.HK).

Invest in commodities that could benefit from a Chinese slowdown: If China's economy slows down, it could lead to a decrease in demand for certain commodities, such as industrial metals. You can invest in ETFs that focus on these commodities, like the Invesco DB Base Metals Fund (DBB), which could potentially benefit from a decline in demand for industrial metals.

Invest in safe-haven assets: If you believe that China's economic issues could lead to global market instability, you can invest in safe-haven assets like gold or U.S. Treasury bonds. You can invest in gold through ETFs like the SPDR Gold Shares (GLD) or buy physical gold. For U.S. Treasury bonds, you can invest in ETFs like the iShares 20+ Year Treasury Bond ETF (TLT) or the iShares 7-10 Year Treasury Bond ETF (IEF).US Senator casually buying leveraged positions over companies they legislate

📈 Trends you need to know

Brought to you by our friends at Glimpse, my favorite way to spot trends.

This high-intent phrase means American consumers are in trouble.

Notes

Please read this disclaimer. The authors of Alt Assets, Inc. are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content should not be taken as professional advice. They are self-taught accredited investors, sharing information, research, entertainment and lessons learned based solely on their own experience and circumstances. Individual results may vary. The published content is unique, based on certain assumptions and market conditions at the time of publishing, and is intended to serve solely as research, not financial advice. For entertainment purposes only. Not investment advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several, or all of the alternative asset classes that Alt Assets, Inc. publishes content about on its site. Any of the Fund’s investments that have positive designations on the Alt Assets, Inc. site are purely coincidental, as the Fund is actively managed and guided by its own investment parameters, as summarized in the relevant private placement memorandum. Alternative investing involves a high degree of risk, including complete loss of principal and is not suitable for all investors. Past performance does not guarantee future results. The newsletter may contain affiliate links, meaning that Alts.co and its associated entities may receive compensation for referring customers to the noted companies. We recommend seeking the advice of a financial professional before you make any investment in an alternative asset class or any associated entities, and we accept no liability whatsoever for any loss or damage you may incur.