“Generation Gamble” and the Rise of the Machines
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 October 2021
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money |
| 0:20.1 | radio show. I'm Chris Hill joining me this week, Senior Interest Andy Cross and Ron |
| 0:24.3 | Gross. Good to see you as always gentlemen. Hey Chris. |
| 0:26.9 | We do, Chris. We get the latest headlines from Wall Street. We'll dig into the rise |
| 0:30.8 | of sports betting and stock trading with CNBC's Melissa Lee. And as always, we've got a couple |
| 0:36.2 | of stocks on our radar. But we begin with a rough month for the market. The S&P 500 fell |
| 0:42.0 | nearly 5% in September, the worst month of the year so far. Andy, all three major indices |
| 0:49.2 | are still up double digits for 2021. But I don't blame any investor who's just a little |
| 0:54.6 | bit rattled after the past few weeks. Yeah Chris. It was a hard month for investors, |
| 1:02.6 | especially growth investors. We've had such a really nice rebound off the COVID lows |
| 1:09.7 | from last year. And this year, like you mentioned before, the stocks were up. Guys, the market |
| 1:14.0 | was more than 20% now. It's up that mid double digits, kind of like the 15% range. We're |
| 1:20.2 | back to where we were in July. So it's still not not horrible. Overall, we still have seen |
| 1:29.5 | pretty, pretty team, not much volatility into the market so much. We still haven't seen |
| 1:34.6 | those big pullbacks, dramatic, really dramatic pullbacks, north of 5% on a daily basis in |
| 1:39.7 | the long periods of time. But certainly, I think this is one reason why we constantly really |
| 1:45.5 | talked to our members and to listeners and to viewers of our shows and talking about |
| 1:51.1 | listen, the markets have been really calm over the last 18 months. And we don't expect |
| 1:56.7 | that going forward. We know markets historically fall. Gosh, 10% every year or 13 months or |
| 2:04.0 | so is fall 15% every couple years, 20% every four years. So as an equity investor, Chris, |
| 2:11.3 | we really have to expect that kind of volatility. We haven't seen it. So this past kind of |
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