Halftime Report Live from Future Proof in Miami Beach 3/10/26
Mar 10, 2026
Rob Seachin, investment committee member who makes sector calls and names like Broadcom; Malcolm Etheridge, wealth pro focused on positioning and rebalancing with ideas like Spotify; Bill Baruch, portfolio manager who discusses trades in Uber, Tesla, Amgen and AbbVie. They debate market whipsaws, oil-driven moves, AI and software valuation, private credit stress, and conference takeaways in Miami Beach.
AI Snips
Chapters
Transcript
Episode notes
Favor Durable Growers Over Broad Software Bets
- Maintain selective exposure to durable growers in a stagflationary environment and pay up for quality growth.
- Hold some software names but avoid all-in bets; multiples have compressed and momentum favors durable growers.
Demand Concrete Revenue Proof Before Holding Troubled Tech
- For troubled tech names, focus on incoming revenue streams and cloud/CapEx guidance to justify keeping positions.
- Watch Oracle's revenue outside OpenAI partnerships and whether new products actually monetize.
Turducken Risk Makes Fund Redemptions Sticky
- Fund-of-funds structures like Cliffwater can hide liquidity risk because investors can't quickly redeem underlying holdings.
- Boaz Weinstein warned that layered funds create a 'turducken' where redemptions require cutting through multiple levels.