September 2018

These Are the Goods

Articles You won’t know the price of your asset until you go to sell it By Nick Maggiulli US grocery is the largest consumer category in the world, registering $641B/year in value By Scott Galloway People were literally lighting their money on fire By Ben Carlson Even if the long-term trajectory is better than average returns, the path to…

Animal Spirits: Looming Disaster

On this week’s Animal Spirits, we discuss: Do stocks diversify bonds? Can bonds be overvalued? Stocks when interest rates rise Thinking about looming disaster Klarman in 1999 Amazon microwave It’s like the internet in 1997 World poverty Betterment survey Dividend stocks are not bonds Beat the market, get more money Twilight of the terminal Listen…

The Next Generation

On the day of its IPO in May 1999, EToys’ nearly quadrupled in price. Toys ‘R’ Us did 300 times more revenue than the new kid on the block, yet after its first day as a publicly traded company, the brick and mortar store had a market cap that was 35% below it. EToys’ $7…

A World Lit Only By Fire

Josh and I spoke about A World Lit Only by Fire, which is a book that Jim Chanos recommended on Barry’s podcast. This book is a deep dive into how people lived during medieval times. We’re going to make these videos a regular occurrence, and hope that you’ll read along with us. Next time we’ll cover…

These Are the Goods

Articles While houses were being foreclosed and jobs were being lost by millions of Americans, my version of the recession was my parents losing their home and my university running out of pastries By Nick Maggiulli Just about anything is possible if we torture the data enough By Corey Hoffstein The era of senior Wall…

Animal Spirits: Borrowing From the Future

On this week’s Animal Spirits, we discuss: $250 trillion in debt Dalio could lose 1% a day for a year and still be worth $400 million Don’t take asset allocation advice from billionaires It’s hard to pinpoint how many assets are really indexed Survey Using the lottery to spur savings The long game J.P. Morgan…

Breakout

There’s a new kid on the block. Innovator’s IBD® Breakout Opportunities ETF, ticker BOUT. The goal of this fund is to identify stocks before they break out. Basically, they’re delivering on a style of technical analysis via machine, which I find intriguing. When I was trading stocks, I would often buy on the breakout and…

These Are the Goods

Articles You don’t have to agree with Barry’s opinions, but you cannot deny the authenticity with which he shares them. By Josh Brown Repeatedly, and assuredly, investors move from mania to mania, sacrificing long-term gains for short-term speculations By Jamie Catherwood Teaching others is the best way to learn By Tony Isola People are more like…

Mania to Mania

“Russell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017.” This comes from a CNN money article, Bitcoin crash: This man lost his savings when cryptocurrencies plunged. From January 2017 through the peak in early 2018, Ethereum gained 16,915%. Any time you have something go vertical, you just…

Animal Spirits: How the Financial Crisis Affected Millenials

On this week’s Animal Spirits, we discuss: How the financial crisis still affects investors What was actually in the death of equities article Where different generations invest there money The 1970s still leave scars Tough times for liquid alts Life insurance is not for saving 150% of Facebook users delete their accounts Will half of…