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Siding With Hamas: Looks Like The Left Miscalculated

Portfolio Armor's Photo
by Portfolio Armor
Wednesday, Oct 11, 2023 - 7:53
Pro-Hamas tweet by Chicago BLM
Pro-Hamas tweet by Chicago BLM (the parachutist alludes to Hamas's airborne attack on the Supernova EDM festival last weekend). 

Submitted by Portfolio Armor:

Has The Left Gone Too Far?

As Zero Hedge reported yesterday, reported last night, Black Lives Matter's pro-Hamas tweets have attracted the attention of Elon Musk. 

BLM Chicago wasn't the only leftwing organization to express support for Hamas. 

Fanon was an Afro-Caribbean Marxist who advocated massacres as an essential part of decolonization. 

It Looks Like It May Cost Them

Unfortunately for leftists in college and grad schools, their pro-Hamas messages have also attracted the attention of future employers. 

Hedge fund manager Bill Ackman and others started demanding the names of the students behind the Harvard organizations that published pro-Hamas statements. 

And it is starting to impact their employment prospects. 

An early casualty was the president of NYU Law School’s Student Bar Association, Ryna Workman (previously known as "Lauryn Workman"). 

Shortly after word got out about her pro-Hamas statement, the law firm where she was going to work rescinded its offer. 

An Apparent Miscalculation 

As our friend Isaac Simpson pointed out, these sorts of pro-Hamas messages might have gone over with less resistance had this been a typically ineffective terrorist attack, but the scale and savagery of this one finally made some American elites rethink their tolerance for leftist endorsement of political violence. 

Maybe if we're lucky, they'll start pushing back against the endorsement of BLM violence in America. 

In Case You Missed It

Each week on the Portfolio Armor web app, and on our Substack, we post our system's top ten names--the ones we estimate have the highest return potential over the next six months, net of hedging cost. These were the top ten names we posted on April 6th

Screen capture via Portfolio Armor on 4/6/2023.

 

Here's how our top names did over the next six months: They were up 16.57%, on average, while SPY was up 5.74%. 

That was the 11th top names cohort out of 14 so far this year that beat SPY (PA top names return on the left below; SPY on the right). 

 

If You Want To Stay In Touch

You can find our current top names on our website. You can also follow Portfolio Armor on Twitter here, or become a free subscriber to our Substack using the link below (we're using that for our occasional emails now).

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