On today’s show we discuss:
- Why anger spreads on social media
- Why the stock market has no heart
- Grantham on bubbles
- My thinking versus his
- The bubble is coming from…inside the stock market
- The value of intangible assets
- Chamath says stay long
- Mnuchin versus Mellon
- John Street Capital on Fintech
- 2020 was an amazing year for SPACs
- Tesla is the next Tesla
- Bitcoin whales
- A guide to Bitcoin
- Justin Paterno on the U.S. Dollar
The moral of this video is that Mark Zuckerberg and Jack Dorsey are the most powerful people in America and it's not particularly close.
— Kevin Roose (@kevinroose) January 8, 2021
The 9% long term rate of return to US equities has historically come from a 4% FCF yield and 5% growth. In the decade since 2009, there have been regular claims that we were back in a bubble, but the FCF yield suggested valuation was not stretched. This is still true today. https://t.co/cMOdtK8ddv pic.twitter.com/jB0w07f2Ez
— Ensemble Capital (@IntrinsicInv) January 4, 2021
Inflation is coming. pic.twitter.com/T3c8o80Jf8
— Jim Bianco (@biancoresearch) January 6, 2021
Most interesting macro chart I’ve seen in a while.
ISM prices paid is going vertical and it generally leads CPI by 3 months.
via the great MF at GS pic.twitter.com/2oYyJxsl06
— Gavin Baker (@GavinSBaker) January 8, 2021
— Elon Musk (@elonmusk) January 7, 2021
$TSLA traded an unbelievable $62b worth of shares today, that's more than the 10 next most active stocks combined and double $SPY. Outside of "Inclusion Day" (which was arguably shouldn't count) I think this is all-time record for a stock. pic.twitter.com/MpcgvTPwiB
— Eric Balchunas (@EricBalchunas) January 8, 2021
We've seen this movie before. And no, the movie isn't different this time.
— Tiho Brkan (@TihoBrkan) January 7, 2021
Contact us at firstname.lastname@example.org with any feedback, recommendations, or questions.
Check out our t-shirts, stickers, coffee mugs, and other swag here.
(Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers click here.)