--- title: Friday Fast Five - 8/21/2025 description: We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday. image: https://blog.hodgescapital.com/hubfs/Hodges-FridayFastFive.jpg --- [![Hodges-Logo-1](https://blog.hodgescapital.com/hs-fs/hubfs/Hodges-Logo-1.png?width=215&height=98&name=Hodges-Logo-1.png "Hodges-Logo-1")](https://www.hodgescapital.com/) [![Connect With Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6) ** ** [![](https://blog.hodgescapital.com/hs-fs/hubfs/Hodges-Logo-1.png?width=521&height=237&name=Hodges-Logo-1.png)](https://blog.hodgescapital.com/) [![Connect With Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6) ** ** **Menu** ** ** ![Outside 1-1-2](https://blog.hodgescapital.com/hs-fs/hubfs/Outside%201-1-2.jpeg?width=4106&name=Outside%201-1-2.jpeg "Outside 1-1-2") # Hodges Friday Fast Five *"In the investment business, you go to school every day, but never graduate." - Don Hodges*   # Friday Fast Five - 8/21/2025 by [Hodges Investment Team](https://blog.hodgescapital.com/capital-fast-five/author/hodges-investment-team), on August 22, 2025 Five interesting things that Hodges Capital research analysts discovered this week... **#1 ****Educational Crypto: **The Harvard Management Company, which oversees Harvard’s endowment, made notable shifts in its allocation toward Bitcoin and gold in Q2. HMC purchased roughly $117 million of iShares Bitcoin Trust and $102 million of SPDR Gold Trust. While these are relatively small allocations within the context of the endowment’s broader public equity portfolio, experts suggest a growing number of investors are turning to cryptocurrencies and gold as stores of value amid rising money supply and inflation. **#2 ****Home Bodies****: **According to annual Census Bureau surveys, domestic migration rates have fallen to historic lows in 2025, with just 7.9% of Americans moving in the past year. Several factors appear to be driving this decline, including high mortgage rates, rising home prices, and—perhaps most significantly—the expansion of remote work. (Wall Street Journal) **#3 ****Crystal Ball: **FanDuel Sportsbook announced a joint venture with CME Group as it works to launch its own prediction market. The speculative asset class has shown promising growth, with platforms like Kalshi continuing to gain traction among investors. However, many regulators remain hesitant to open the floodgates, as the line between gambling and prediction markets is still heavily blurred. (Reuters) **#4 ****Up, Down, and Back Again: **One of the greatest underdog sports stories of the year is unfolding across the pond. Sunderland AFC was once a fixture in the top tier of English soccer, but financial struggles, management turnover, and controversy led to an eight-year stint in the second and third divisions. The club was purchased in 2021 by Kyril Louis-Dreyfus, then just 23 years old, and has since undergone a remarkable resurgence. As the Premier League kicked off last week, Sunderland made its first top-flight appearance in eight years—securing its first victory of the season. Time will tell if the young ownership can keep this storied club afloat for the long haul. **#5 ****Hiring Hiatus: **In a recent Conference Board survey of more than 1,000 public and private corporations, roughly 20% of respondents said they expect to slow hiring in the second half of 2025—double the share from a year ago. The survey last recorded optimism for increased hiring in Q2 2023. (Wall Street Journal)       *HCM is an Investment Advisory Firm registered with the Securities and Exchange Commission (“SEC”), is a wholly owned subsidiary of Hodges Capital Holdings and serves as investment advisor to the Hodges Funds. HCM is affiliated with First Dallas Securities, Inc, a broker-dealer, and investment advisor registered with the SEC.* *This discussion is not intended to be a forecast of future events and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing involves risk. Principal loss is possible. Investing in smaller companies involves additional risks such as limited liquidity and greater volatility. No current or prospective client should assume that information referenced in this communication is a recommendation to buy or sell any security or is a substitute for personalized investment advice from your individual advisor. HCM does not provide tax or legal advice. Consult your tax or legal advisor for any related questions.* *All information referenced herein is from sources believed to be reliable and is provided as general market commentary and does not constitute investment advice. This material was created for informational purposes only and the opinions expressed are solely those of HCM. HCM shall not in any way be liable for claims and makes no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information. The data and information are provided as of the date referenced and are subject to change without notice.* ### Hodges Friday Fast Five We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. 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