FSD: The Non-Consensus Rally

In this episode of FSD 76: A Non-Consensus Rally, we dive into the current market dynamics where institutions are caught off-guard by a powerful performance chase. We explore the shift from a period of significant "de-grossing" to a "re-grossing" phase, identifying high-quality names in software, insurance, and homebuilders that are still trading at attractive discounts. The discussion also covers the "clever" geopolitical maneuvering in the Middle East, the resilience of the private credit market, and why free cash flow remains your best friend in an inflationary environment. Finally, we announce the launch of Lumida’s crowdfunding campaign, outlining our mission to disrupt traditional brokerage models with AI-native, investor-centric tools and a powerful digital community.

Episode 119 of the Lumida Wealth : Non-Consensus Invest Beyond the Ordinary podcast, hosted by Justin Guilder, titled "FSD: The Non-Consensus Rally" was published on April 15, 2026 and runs 21 minutes.

April 15, 2026 ·21m · Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

Summary

In this episode of FSD 76: A Non-Consensus Rally, we dive into the current market dynamics where institutions are caught off-guard by a powerful performance chase. We explore the shift from a period of significant "de-grossing" to a "re-grossing" phase, identifying high-quality names in software, insurance, and homebuilders that are still trading at attractive discounts. The discussion also covers the "clever" geopolitical maneuvering in the Middle East, the resilience of the private credit market, and why free cash flow remains your best friend in an inflationary environment. Finally, we announce the launch of Lumida’s crowdfunding campaign, outlining our mission to disrupt traditional brokerage models with AI-native, investor-centric tools and a powerful digital community.

Episode Description