Room for disappointments in 2025 and into 2026
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 2 January 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
Episode transcripts: seekingalpha.com/wsb
Show links:
Expect A Roller Coaster Stock Market In 2025
Here's Who Should Buy The Discount At Grayscale Bitcoin Trust
Kirk's Margin of Safety Investing Group
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Transcript
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| 0:00.0 | Kirk Spano from Margin' Of Safety Investing. |
| 0:13.2 | Always great to have you on the podcast. |
| 0:14.8 | Thanks for joining us again. |
| 0:16.1 | How are you doing, Rina? |
| 0:17.1 | It's always great to be here. |
| 0:18.6 | It's always great to have you, especially as we all try |
| 0:22.4 | and synthesize and summarize and contextualize what we could be doing better, what we're thinking |
| 0:28.8 | about heading into 2025. How are you thinking about the markets and your investing year thus far? |
| 0:34.4 | Well, as you know, I had a pretty good year. I was one of the most bullish analysts |
| 0:41.6 | not only at Seekin Alpha, but across Wall Street in the whole country. And the market and |
| 0:49.5 | Bitcoin both hit my targets, both just a little bit north of where I thought they'd be. |
| 0:56.6 | I thought that the stock market would hit 5720 this year based on earnings exceeding |
| 1:03.1 | expectations that would be in the 6,000s, maybe in the first quarter of 2025. |
| 1:10.7 | We're a little bit ahead of that. |
| 1:12.0 | We're already there. |
| 1:13.8 | Bitcoin, I don't even remember what it was at the start of the year, |
| 1:17.1 | but I said it's on its way to 100,000. |
| 1:19.7 | I got laughed at. |
| 1:21.0 | Same way I got laughed at when it was 55,000, |
| 1:24.9 | and I said it would go back under 20 and that's where you buy it. |
| 1:27.7 | That's what happened. |
| 1:28.9 | So we bought a lot of it. |
... |
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