4.8 • 670 Ratings
🗓️ 3 March 2020
⏱️ 13 minutes
🧾️ Download transcript
End of 2019 wrap up, with thoughts on Bonds, Bitcoin, the decade just gone by, and the connection between Netflix & Dominos Pizza.
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0:00.0 | So let me throw out just a fun fact that I was looking at while we were recording coming |
0:09.4 | through Twitter. |
0:11.4 | Apparently the last decade in terms of individual kind of I guess investment slash stocks that |
0:18.2 | had done well, you know, the overall winner by a huge margin in terms of performance over the last decade |
0:26.7 | is Bitcoin. |
0:28.8 | And number two is Ethereum. |
0:31.7 | Once we move down into the stock world, the next one taking third place is Netflix. And then the fourth place |
0:39.4 | probably surprised me, according to this, is Domino's Pizza. |
0:44.6 | Yummy. I guess that goes with Netflix, doesn't it? If you're watching movie, you want a |
0:49.1 | pizza to go with it. Maybe there's a link there. Exactly. Correlation. It's all about correlation, right? |
0:56.0 | Well, you know, one of the things you were talking about before we went on was some movements. |
1:00.1 | I think maybe it was hogs or, and then we talked about Bitcoin being a big mover. |
1:05.1 | And I know I bought Bitcoin and lost money in Bitcoin. |
1:08.0 | And I think I was surprised when Moritz said it's up I don't |
1:11.9 | know how many percent because it started the year at 3000 or so 91 so it's interesting |
1:17.1 | that the we're going to make a lot of money when it when the trends are big in stocks and |
1:24.1 | in palladium and emissions and things like that okay so we so we have a big trend. The CTAs make |
1:29.0 | money. The trend followers make money. But our performance can look a lot different comparing to buy |
1:35.2 | and hold. And then, of course, the big huge percentage moves in some of these markets mean nothing |
1:41.6 | to us because we size based upon inversely to the |
1:46.3 | wall. So something that's moving around two or three percent a day. Typically, you know, I'm |
1:51.1 | going to have a very small position. And something that barely moved in 2019, it might be my |
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