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Animal Spirits Podcast

Never Stop Buying Lottery Tickets (EP.183)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 23 December 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

On this week's show we discuss the new stimulus bill, why the stock market isn't always this easy, Tesla investors who made a boatload of money, Robinhood lawsuits, the potential for a Roaring 2020s and more.   Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Today's Animal Spirits is brought to you by our friends at YCharts.

0:03.2

One of the most surprising pieces of market data that I've come across.

0:07.4

I don't know that many people would believe this.

0:09.6

The Russell 2000 Small Cap Index, as of last Friday's close, is now outperforming the S&P 500.

0:15.3

How did that happen?

0:17.1

So this is again through Friday stocks are down on Monday but yet the Russell was up close

0:21.0

to 20% the S&P's up 17.

0:23.6

Remember the beginning of the year when all it was is five stocks carrying the day?

0:28.2

And now it's crazy.

0:30.2

And we're going to go through some of the top holdings

0:32.4

in the Russell 2000 with some

0:34.2

helps from YCharts and talk about how one of the biggest names has maybe the

0:38.2

greatest comeback of any stock this year. It's insane. So we're going to get into

0:41.4

that a little bit. Go through the top 15 or 20 holdings of the Russell 2000 using some white charts

0:45.3

If you want to take a look at why charts tell them animal spirits sent to you and they will give you 20% off your initial subscription to the service

0:52.1

Welcome to Animal Spirits, a show about markets, life, and investing.

0:57.0

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

1:03.6

Michael Batnick and Ben Carlson work for Ritt Holt's

1:06.1

wealth management.

1:07.1

All opinions expressed by Michael and Ben

1:08.9

or any podcast guests are solely their own opinions

1:11.6

and do not reflect the opinion of Ritt Holt's

...

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