InvestTalk 4-17-2024 – 15 Stocks That Have Destroyed the Most Wealth Over the Past Decade
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 18 April 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
As a group, these stocks wiped out an estimated $281 billion in shareholder wealth over the past 10 years.
(That’s a big number, but far less than the estimated $15.9 trillion in wealth created by the top 15 stocks on the positive side.)
Today's Stocks & Topics: LULU - Lululemon Athletica Inc., Market Wrap, 15 Stocks That Have Destroyed the Most Wealth Over the Past Decade, Bank’s Resources, A-I & Energy Demand, Energy Stocks, Inflation & Unemployment, VTI - Vanguard Total Stock Market ETF, VTV - Vanguard Value ETF, VOO - Vanguard S&P 500 ETF, Antitrust Suit Against Live Nation, Investors Sentiment, WTI - W&T Offshore Inc.
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Transcript
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| 0:00.0 | At a time when investors are confronted with market volatility and a variety of challenges fueled by the uncertainty of inflation, |
| 0:14.1 | unsettled geopolitical tensions, and economic pressures. |
| 0:18.6 | Justin Klein and Steve Peasley, stand ready to take your finance and investment questions and share their unbiased |
| 0:25.6 | answers. This is Invest Talk, independent thinking, shared success. Invest Talk is made possible by KPP Financial, |
| 0:35.0 | a registered investment advisor firm, serving clients throughout the United States. |
| 0:40.0 | The clarity for your path forward starts now. |
| 0:45.0 | Here is KPP Chief Executive Officer, Financial Advisor Justin Klein. |
| 0:51.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:57.0 | This is our Wednesday, April 17, 2024 edition. |
| 1:01.0 | I am Justin Klein and our objective here is the same as always is to help |
| 1:06.0 | you navigate this new world, this new environment of fiscal dominance where the risk of inflation is frankly even more important than the risk of a |
| 1:19.6 | deflationary bust like 08 and it's a new regime it's a new environment that most people are not used to people still have PTSD and we our job is to help shake you of that PTSD and help you understand the facts that are happening on the ground. |
| 1:36.0 | From a macro perspective, broader economy, government spending, etc. |
| 1:42.0 | As well as a micro perspective, meaning what's government spending, etc. |
| 1:46.9 | as well as a micro perspective, meaning what's happening for with individual companies, with individual sectors and asset classes. |
| 1:50.8 | And so this is what we cover each and every day on this show a little bit of everything |
| 1:57.6 | but mainly it's about getting you in the right mindset. So you're not running after the dog whistles |
| 2:06.7 | that are everywhere, which are headlines |
| 2:10.6 | and social media posts that are grandiose. and can often be fear-mongering and help and takes your mind off of the |
| 2:19.4 | takes your mind off of the reality of what is happening in markets, in economies. |
| 2:27.0 | Because that's most important. |
| 2:29.0 | It's not about where you hope the market will be or hope the economy will be or hope the economy will be or hope there you're the political |
... |
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