Otavio (Tavi) Costa

Personal update:

I am launching a mining-focused fund.

Miners are likely one of the most compelling investment themes of the next decade, in my view.

For more information:

tavi@azuriacapital.com

For accredited investors only. As always, none of this is investment advice.

US vs. China 10-year yields.

Probably the most important macro divergence between two superpowers engaged in wartime-scale spending on an AI arms race.

substack.com/@tavicosta/not…

Curious:

Would you fly from the US to Europe on Monday?

I’m not sure what I hate more…

The look of this chart or the idea that the Fed will likely keep hiking into this slowdown.

Hiking Into Deceleration.

That’s a problem.

tavicosta.substack.com/p/thoughts-on-…