Mark Cuban’s Tips for TikTok Traders; Dr. Scott Gottlieb on Covid Testing

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 20 July 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

While Covid-19 cases climb in 40 states, former FDA Commissioner Dr. Scott Gottlieb considers the American infrastructure that led the country to this point, as well as what’s needed to support its physical and financial recovery. Mavericks owner, entrepreneur, and investor Mark Cuban offers his investing tips to day traders, even the ones on TikTok. With the 1990s tech bubble in mind, Cuban encourages market participants to think long term and practice patience. He issues a reminder to investors, novice and seasoned: “Everyone’s a genius in a bull market.”

Transcript

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0:00.0	This is Squackpot. I'm C. NBC producer Katie Kramer. Today on our
0:05.8	podcast. COVID case numbers climbing in 40 states. Dr. Scott Gottlie
0:11.0	former FDA chief on what we missed before the pandemic.
0:14.4	There are a lot of gaps in our preparedness, and this isn't a sort of new problem.
0:19.8	This has been building over many years.
0:21.8	And what there is still not enough of.
0:23.7	We haven't invested in infrastructure,
0:25.3	so we don't have the ability to surge testing capacity
0:28.6	in this country.
0:29.2	Took us months and months to get where we are
0:31.4	and we still don't have enough testing. And Mark Cuban's tips for. months and
0:33.3	Mark Cuban's tips for day traders,
0:35.9	patience and historical perspective are key to success.
0:39.7	Yeah, I think we're very similar to what's going on in the 1990s.
0:43.6	You know, as I look at my portfolio,
0:45.2	I have to keep on reminding myself
0:46.8	that the internet bubble lasted multiple years.
0:50.4	It's Monday, July 20th, 2020.
0:52.8	Squackpot begins right now.
0:55.0	Good morning, everybody.
0:57.0	Welcome to Squack Box here on C.
0:59.0	I'm Becky Quake along with Joe Heron and Andrew Ross Sorkin.
	...

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