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The Compound and Friends

Are Tech Stocks Unstoppable? (with Ben, Josh and Michael)

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 8 May 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Are US stocks destined to continue crushing international stocks? How about tech stocks vs everything else? Sure seems that way. But the recency bias is real! Michael Batnick, Ben Carlson and Downtown Josh Brown discuss! Enable our Alexa skill here - "Alexa, play the Compound show!" https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ Talk to us about your portfolio or financial plan here: http://ritholtzwealth.com/ Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms & conditions disclaimer: https://thereformedbroker.com/terms-and-conditions/   Subscribe to the mini podcast on iTunes or Spotify Enable our Alexa skill here - "Alexa, play the Compound show!" Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

After game one of the Celtics buck series I sent my friend a text message and I said I don't want to overreact

0:07.2

But the bucks look like they're in trouble

0:09.0

Yannis has been neutralized. They're collapsing on him and I don't trust

0:12.5

Bledso, Mira Titch, the rest of the supporting cast is just not gonna not

0:15.6

get it done in the South Coast like they're really coming together. And so

0:18.7

last night he sent me a text message after the Bucks took two games in

0:22.1

Boston, wow the Bucks took two games in Boston,

0:23.1

wow, the Bucks are really good.

0:25.4

So I said to you that that reminds me just like,

0:29.2

reminds me of stocks that just continue to go up,

0:33.1

they look unstoppable.

0:34.3

And there's a Georgia Orwell quote that says,

0:37.7

whoever's winning right now looks to be invincible.

0:40.8

And I think that's so applicable to like politics investing economic ideas.

0:46.3

I think what changed is the definition of right now because right now to me is like

0:51.3

intra game like when I see a team go on an 8-0 run I'm like that's

0:55.5

I what they're gonna series is over I give Ben the microphone because we only have two

0:59.6

so you're a momentum fan basically. Yeah.

1:03.0

Wait, so, so do you feel that way, though, in football?

1:06.0

I don't.

1:07.0

Oh, yeah.

1:08.0

Really? So the team scores are just touched down and it looks like they're told every time.

...

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