Elon Musk: The Richest Person in History? | The Daily Peel ๐
Wall Street Oasis
Wall Street Oasis
4.9 โข 534 Ratings
๐๏ธ 12 November 2024
โฑ๏ธ 29 minutes
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| 0:00.0 | Did you hear me correctly? $314 billion that makes Musk officially the richest person in history since the like of Andrew Carnegie or John D. Rockefeller. |
| 0:16.0 | What's up, Apes? Welcome back to the Daily Peel's Daily Podcast of the day. I hope everybody had a wonderful weekend and has having a good week so far, off to a pretty good start. If you're invested in literally anything, you're almost definitely off to a great start here this week. Because once again, the Everything Rally continued here into the second week post the election news. The election seems to be driving all of these ass over turns, even though, in my opinion, a lot of them don't exactly make a whole lot of sense. But that's not what we're talking about here today. We are here to avoid the election as much as possible and focus on some actual stuff that's going on in the economy that we all care about. And we can actually, you know, do something about here today. So let's go ahead and talk about that stuff. First and foremost, the WSO |
| 0:54.8 | Alpha portfolio was up 1.43% here on the session today. Great session for the fellas. Tesla carried the |
| 1:01.4 | team quite a bit. It was a very stronger turn, but we kind of saw stronger turns almost across the |
| 1:05.3 | board within the portfolio here today. I've been told I should probably stop naming our tickers |
| 1:09.8 | on a daily basis because that's just |
| 1:11.8 | basically going to reveal the entirety of the portfolio. But go ahead and subscribe to WSO Alpha |
| 1:15.7 | if you want to get in on all of the gains here with us. That does bring our annual return to |
| 1:19.9 | over 20% for the first time this year. We are up 20.45% since the beginning of 2024. Meanwhile, |
| 1:26.6 | the SB 500 yesterday was up 10 basis points the |
| 1:29.7 | NASDAQ was up six basis points the RELTS-2000 was up 150 basis points a 1.5 percent not that anybody |
| 1:35.7 | cares but the Dow was up a very nice 69 basis points so all in all good day for the fellas it was |
| 1:41.5 | rough out here for some of the big tech names however and that was really the only down bad segment of the market here today basically the um the the classic |
| 1:49.6 | mag seven stocks microsoft down 1.07 percent apple down 1.2 percent in video 1.6 meta 1.05 |
| 1:57.0 | just a couple ones that i'm seeing here broadcom down more than 2%, Amazon down 64 basis points. Tesla was up like 5% because fuck it, why not, I guess. But that basically was the big market driver here today. So we cooled down a little bit from the ridiculous games that we were seeing on a daily basis last week. Obviously, the WSWL portfolio didn't because we can't stop. We won't stop ever in our history with this new team of apes that I had to hire after firing the last group of them. So overall, very good session for the fellas. Now, breaking down into some of our banana bits here today, some of the headline news that we thought was important enough to bring to your attention, but I didn't care enough about to write about at least today. This first one, I'll probably be writing about tomorrow, to be honest with |
| 2:36.9 | you, but the S&P 500 is officially at its highest valuations at April 2021 on a forward price |
| 2:42.7 | earnings ratio basis. So the dollar amount that you're willing to pay per dollar of expected |
| 2:47.7 | earnings of the aggregate S&B 500 companies is at its highest level since April |
| 2:52.5 | 2021. We all know what happened in 2022 and 23. Wasn't exactly a super fun time to be in the market. |
| 2:59.2 | So not necessarily saying that this is a defining forecast that that's going to be happening, |
| 3:04.0 | you know, but it is definitely one of those kind of concerning points that you just want to have in the back of your mind when you're making investment in financial decisions |
| 3:11.0 | going forward. Meanwhile, Elon Musk doesn't give a fuck about investment decisions because this man |
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