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Animal Spirits Podcast

Broke & Overweight (EP.93)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 24 July 2019

⏱️ 42 minutes

🧾️ Download transcript

Summary

On this week's show we discuss why are fewer people subscribing to Netflix, will we ever really reach peak podcast, how many people own their home outright, what is the chance your home will go down in value over 5 years, Elizabeth Warren's plan to rein in Wall Street, Mira Sorvino's thoughts on the stock market, Ray Dalio's thoughts on the coming paradigm shift, a boglehead's risk parity strategy on steroids & much more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's episode is brought to you by Why Charts.

0:02.0

Go to Why Charts, tell them that we sent you for 20% off a new subscription.

0:07.0

Welcome to Animal Spirits, a show about markets, life, and investing.

0:12.0

Join Michael Batnick and Ben Carlson

0:14.7

as they talk about what they're reading, writing, and watching.

0:18.6

Michael Batnick and Ben Carlson

0:20.3

work for Ritholz's wealth management.

0:22.1

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

0:26.5

and do not reflect the opinion of Rit Holt's wealth management.

0:29.5

This podcast is for informational purposes only and should not be relied upon for investment decisions.

0:34.6

Clients of RIT holds wealth management may maintain positions in the securities discussed

0:38.0

in this podcast.

0:39.0

Why charts has this thing called a one-page report for any company that you're looking at. So I brought

0:45.1

up Netflix because that was very much in the news this week. And so it shows you the income

0:49.9

statement, the balance sheet, cash flow statement for the last, I don't know, called six years. statement the

0:53.0

last I don't know called six years and what really stands out here

1:00.2

looking through this is the company's free cash flow, which has been getting more and more

1:07.3

negative in the recent years.

1:10.1

So at 2015, it was under a billion dollars and in the last 12 months their free cash

1:15.6

list negative 3 billion dollars.

1:17.6

So I posted a quick one on Twitter about this and I the great thing about why charts

1:22.1

why I like them is the search function is pretty easy so I just typed in Netflix and then if you want to look for a metric you just type it in and it'll give you 10 options that you can choose from.

...

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