The Inversion Investor

The Inversion Investor

Breakup to breakout

Peter Pham's avatar
Peter Pham
Oct 29, 2025
∙ Paid

Everyone’s underperforming so badly that their only hope is collapse.

They pray for a crash — not because they’re positioned for it, but because it’s the only narrative that can excuse their failure.

But since they have no timing, no allocation skill, no real edge — even that salvation would be of no consequence.

The funniest outcome?

It keeps going higher …

User's avatar

Continue reading this post for free, courtesy of Peter Pham.

Or purchase a paid subscription.
© 2026 Phoenix Global Wealth Management · Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture