Ideas
US leadership fading; ex-US equities attractive.
US equities began underperforming global equities in 2025: the relative of S&P 500 vs MSCI World ex-US has turned down with lower highs and lower lows, signaling other equity indices are more attractive even as investors remain concentrated in US AI mega-caps.
US leadership fading; ex-US equities attractive.
US equities began underperforming global equities in 2025: the relative of S&P 500 vs MSCI World ex-US has turned down with lower highs and lower lows, signaling other equity indices are more attractive even as investors remain concentrated in US AI mega-caps.
Favor real assets over stretched equities.
After significant corrections in silver, gold and crypto, and with structural support in real estate, precious metals, commodities, crypto, real estate and alternative assets offer better risk-adjusted return than already-extended indices, growth stocks and megatrends.
Favor real assets over stretched equities.
Unlimited fiat money creation is depreciating purchasing power; assets with restricted supply—gold with 1.5-2.5% annual supply growth, Bitcoin with a 21 million hard cap with over 90% issued, and silver with rigid production plus rising industrial demand—are good protection and alternatives.
Spanish residential real estate remains structural opportunity.
Housing scarcity is structural: limited finalist land, slow permitting, legal insecurity, expensive construction finance and materials/labor restrict supply while migration, smaller households and urbanization support demand; Spain still looks cheap versus the world, so residential real estate should keep rising and is investable from small amounts.
AI remains a powerful megatrend.
AI will drive a major increase in productivity, innovation and GDP, especially in developed economies with digital/energy infrastructure, capital, chips and talent; the acceleration makes it essential to be positioned via ETFs rather than trying to pick the winner.
Rearmament and security megatrend attracts capital.
Geopolitical fragmentation, tariffs, sanctions and duplicated supply chains are raising costs and driving a huge rearmament/security cycle; defense spending is rising globally and security now extends to energy, electric grids, semiconductors, data centers and critical infrastructure, creating investment flows into these new megatrends.
Tokenization of real assets is growing.
Beyond Bitcoin, the tokenized world is expanding: equities, bonds, money market funds, private credit, real estate, commodities and art can be fractionalized, traded 24/7, used as collateral and settled automatically, creating a growth opportunity in real-world asset tokenization.
Private markets offer pre-IPO upside.
Private markets are no longer only for wealthy or institutional investors: digital platforms now allow small minimums and access to pre-IPO companies. High-value creation occurs before IPO as seen with SpaceX, Anthropic and OpenAI, so waiting for a listing means arriving late; private equity/venture can improve diversification.
Avoid long-term debt; prefer short-term.
Despite central bank cuts, long-term yields have risen to 2007 levels because markets, not central banks, now price money; rising fiscal deficits and debt refinancing make long-duration debt unattractive, and the speaker says he wants only short-term debt.
China equities face regulatory and confidence risks.
Chinese equities have not rewarded investors because regulators crushed tech champions, undermined free-market confidence and created doubts about property rights; he exited China in November after nearly 100% gain and does not currently hold it.
Unitree Robotics looks ridiculously cheap.
He believes Unitree Robotics is trading at ridiculous prices, though it is complicated to buy; access solutions will be discussed at the event.
Avoid overly concentrated expensive mega-cap tech.
He avoids Nvidia, the Magnificent Seven and Nasdaq 100 because they are circular, heavily indebted, excessively weighted, expensively valued and CDS spreads are rising; concentration creates risk of a severe drawdown, so he prefers safer 10-12% investments.
Buy BTC and ETH on breakouts.
He is already buying and following a trigger-based plan: start buying Bitcoin if it reclaims 67,000 and complete at 84,000; start buying Ethereum above 1,850 and deploy 100% on a weekly close above 2,500, rather than waiting for 40,000 or 1,000.
Emerging markets are currently attractive.
Among equity indices outside the US, he currently likes emerging markets and the MSCI Emerging Markets index/ETF.
Dutch AEX is a preferred market.
He has defended the Dutch AEX for over a year as one of the best equity markets; the idea already worked well and remains a preferred non-US index.
Japan medium-term thesis still valid.
His medium/long-term Japan thesis remains valid; the strategy target is around 36% and even after trimming gains to 7% the stop has not been hit, so he still defends it.
This Pablo Gil video, published August 26, 2026,
features Pablo Gil
discussing SPY, ACWX, XLRE, DBC, Alternative assets, GLD, SILVER, BTC, Spanish residential real estate, AI, Defense & security sector, Tokenization / real-world assets, Private markets / private equity, TLT, FXI, 688836.SS, QQQ, MAGS, NVDA, ETH, EEM, AEX Index, EWJ.
17 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Pablo Gil
· Tickers:
SPY,
ACWX,
XLRE,
DBC,
Alternative assets,
GLD,
SILVER,
BTC,
Spanish residential real estate,
AI,
Defense & security sector,
Tokenization / real-world assets,
Private markets / private equity,
TLT,
FXI,
688836.SS,
QQQ,
MAGS,
NVDA,
ETH,
EEM,
AEX Index,
EWJ
