4.6 • 854 Ratings
🗓️ 6 December 2021
⏱️ 21 minutes
🧾️ Download transcript
Brazilian fintech Nubank is set to go public at a valuation of as much as $40 billion. In this week's episode of Industry Focus: Financials, Jason Moser and Matt Frankel dig into Nubank -- what the company does, how has it grown, what is its market opportunity? Could this Buffett-backed fintech be a good fit for your portfolio?
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0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
0:20.4 | We're talking energy. And today we're talking tech. Let's dive in. |
0:26.0 | It's Monday December 6th. I'm your host Jason Moser and on this week's financial show |
0:30.4 | we're taking a closer look at another IPO coming here in the financial space, New Bank. |
0:36.0 | Joining me this way to take a look at it all, its certified financial planner, Mr. Matt, |
0:41.6 | Frankle. Matt, how's everything going? Well my portfolio is not |
0:45.0 | doing that great but I'm doing fine I don't know about you but I feel like I'm in my |
0:48.8 | own personal bear market over here. Well I think I think think that that feeling is probably contagious. I think a lot of people are probably feeling that way these days. |
0:59.0 | And, you know, as we know, it's obviously a feature of investing. |
1:06.0 | It's one of those, it's one of those things that comes with the territory and you have to get used to it. |
1:10.0 | And, you know, that's, I'm glad you brought that up because for newer investors, it's really, it's that's I'm glad you brought that up because for newer investors it's really it's it's difficult right I mean for newer |
1:17.1 | investors it's really difficult to look at days or stretches like we've been going through here seeing all of that red and being able to reconcile that, |
1:26.7 | hey, you know what, everything is probably going to be okay. The more you go through these types of situations, |
1:32.0 | the more you go through these types of situations the more you go through these |
1:32.9 | types of stretches the easier it gets the more you can stomach that volatility and I |
1:38.0 | don't know about you Matt and before we get into the into into new bank I mean maybe we could |
1:41.7 | just throw a tip or two out there for folks in dealing |
1:46.0 | with this kind of volatility. I mean, for me, I mean, we always hear the same old, well, we're focused |
1:52.1 | on the long term and that's that's correct to a degree but but for me I mean I look at stretches like this and it really just makes me feel better about having a very well diversified portfolio. I mean I'm not just exposed to a bunch of |
2:06.3 | growth stocks and leaving it at that. I mean I do have some boring names in my portfolio that while they may not |
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