A Once in a Lifetime Investment Opportunity (EP.385)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 6 November 2024

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On episode 385 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Warren Buffett's massive cash pile, the performance of the average stock this year, the Polymarket whale, markets in everything, Twitter replies now and then, the cost of college is going down, Bitcoin is still king, private equity in targetdate funds, politics vs. investing, and much more! This episode is sponsored by YCharts and CME Group. Get 20% off your initial YCharts Professional subscription when you start your free trial through Animal Spirits (new customers only). Sign up at: https://go.ycharts.com/animal-spirits Access CME Group's valuable educational materials and trading tools and learn more about what adding futures can do for you at: cmegroup.com/equityfutures Sign up for The Compound newsletter and never miss out: thecompoundnews.com/subscribe Subscribe to The Unlock newsletter: https://www.advisorunlock.com/subscribe Find complete show notes on our blogs: Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. 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 see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today's Animal Spirits is brought to you by Y charts and CME group.
0:04.4	Michael, I did some research on Y charts the other day, and they have these comp tables.
0:09.2	I don't know if you're familiar with this.
0:10.4	Pick an index.
0:11.3	You don't know if I'm familiar with comp tables.
0:12.9	Hello.
0:13.8	I pulled up the Russell 3,000, and I broke it down by year-to-date return.
0:17.2	How many stocks are up?
0:18.2	How many stocks are up? How many stocks are down? How many stocks are up this much and that much?
0:26.3	I'm slicing and dicing returns and comparing it from 2024 to 1999. Pretty cool feature.
0:32.4	And some of those stats may surprise you. We're going to save it for the show, but very, very helpful.
0:41.3	I use white charts every single day. So first thing I check in the morning. It's the last thing I check before I go to bed, right? Got to check those Japan futures or something? No, I'm just kidding. I don't do that. Why? Chart is integral in everything that we do, though. So if you want to check out Y charts,
0:46.5	you've never done it before, go to Ycharts.com. Tell me, Animal Spirit, sent you, get 20% off your initial white charts, professional subscription.
0:59.5	When the rest of the markets slow down, the futures market keeps moving.
1:07.4	Did you know that CME Group S&P 500 and NASDAQ 100 futures trade nearly 24 hours with great liquidity? In the ETF markets, volume and liquidity lessons after 4 p.m. until the next morning,
1:13.7	but with futures, you get trading opportunities both day and night.
1:18.0	Learn more at CMEgroup.com slash equity futures.
1:22.2	Derivatives are not suitable for all investors and involve the risk of losing more than the
1:26.2	amount originally deposited and any
1:28.1	profit you might have made. This communication is not a recommendation or offer to buy, sell,
1:32.7	or retain any specific investment or service.
1:40.5	Welcome to Animal Spirits, a show about markets, life, and investing.
	...

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