On today’s show we discuss:
- Liftoff, our automated asset management program
- Fantasy stocks at Wealthbase
- How luck influenced your life this year
- Where does the WSJ find these people?
- A Roth IRA or a traditional one?
- Now showing Japan
- Amazon is ruthless
Listen here:
Recommendations
- Soul
- Wonder Woman 1984
- It’s a Wonderful Life
- Die Hard
- Doctor Sleep
- The Midnight Sky
- The Bourne Identity
Charts:
Tweets
"We show theoretically and empirically that flows into index funds raise the prices of large stocks in the index disproportionately more than the prices of small stocks…Flows predict a high future return of the small-minus-large index portfolio." https://t.co/1D2ZshhSyq pic.twitter.com/Gh7UpBRgij
— Ralph Sueppel (@macro_srsv) December 28, 2020
Wow, they're talking about a $6 trillion stimulus package.
A trillion is such a big number that it loses all meaning.
Here's some context, one trillion seconds is 31,709 years.
— Michael Batnick (@michaelbatnick) March 24, 2020
And here's your mind-blowing ARK Stat of the Day: $ARKK's volume on Christmas Eve (a half day in stock mkt) this year was $541m. On Christmas Eve 2019 it traded $4m. Just a little 135x increase lol. pic.twitter.com/ux4ZxAcKeX
— Eric Balchunas (@EricBalchunas) December 28, 2020
Dave Portnoy of @barstoolsports has raised over $6 million dollars for small businesses.
He’s already done more than our Congress.
— Ryan Fournier (@RyanAFournier) December 26, 2020
Does anyone even know that CBS All Access' big budget Stephen King adaptation of THE STAND came out a week ago?
If it aired on Netflix, HBO, Disney+… everyone would
— Matthew Ball (OOO) (@ballmatthew) December 24, 2020
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