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The Iced Coffee Hour

Stocks Just Hit ANOTHER Record High - WTF Is Happening?! | MeetKevin

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.4 โ€ข 786 Ratings

๐Ÿ—“๏ธ 29 May 2026

โฑ๏ธ 116 minutes

๐Ÿงพ๏ธ Download transcript

Summary

OpusClip: Start clipping at https://opus.pro/ich Airbnb: Find a co-host at https://airbnb.com/host Zapier: Get Started for FREE at https://Zapier.com/ICH FanDuel: Sign up now for your $25 bonus on FanDuel Predicts Subscribe To MeetKevin Here: ย @MeetKevinย  Timestamps: 00:00:00 - Intro 00:01:02 - Michael Burry & Biggest Stock Wins (Circle, Tesla, Nvidia) 00:03:08 - The $40M Tesla Portfolio & Lessons From Losses 00:05:52 - Happier With Less Stress / Should You Pay Off Debt? 00:08:11 - Iran War, Pickaxe Mountain & the Market Rally 00:11:17 - Forward Growth Valuations & the Circular AI Flow 00:13:35 - The Most Frustrating Rally Ever / Advice for $40-200K Earners 00:16:11 - OpusClip Sponsor / How the Average Person Should Invest in 2026 00:17:29 - QQQ vs TQQQ: Why Leveraged ETFs Will Go to Zero 00:21:04 - The #1 Risk Nobody's Talking About: Credit & Data Center Overbuild 00:24:58 - The Labor Market & The Wealth Effect 00:27:27 - Dry Powder & Why Cash Reduces Selling Pressure 00:29:06 - Kevin's Portfolio & Kevin O'Leary's $5M FU Money Take 00:31:02 - Are 5% Treasuries Actually a Good Buy? 00:34:54 - The Hantavirus & Real Estate Risk 00:37:31 - Airbnb & Zapier Sponsorships 00:40:04 - Is It Harder to Build Wealth in 2026? 00:42:00 - AI Implementation as the Path to Wealth (Cardone Comparison) 00:46:04 - The Best Decade Ever to Buy Real Estate (2022-2032) 00:48:34 - Graham Pushes Back: Why He's Selling His Real Estate 00:55:55 - Habitability Lawsuits & California Tenant Risk 00:57:42 - Mansion Tax & Anti-Investor Legislation 00:59:09 - Who Should Buy vs Rent / Kevin's Portfolio Allocation 01:00:55 - FanDuel Sponsor / Kevin's Top Stock Holdings 01:03:16 - Kevin's Fitness & Mediterranean Diet Transformation 01:06:38 - How Much Do You Need to Retire? ($8-10M for a Family) 01:09:19 - Spending More When You Have Free Time 01:11:43 - Buy Now Pay Later & Deferred Recession Risk 01:12:33 - Ideal Lifestyle: When Your Salary Covers Everything 01:14:57 - Best Money You'll Ever Spend & The $12.9M Jet Story 01:20:42 - SEC Investigations & The Large Options Trader Letter 01:23:48 - Zero-Day Options Trading Explained 01:27:07 - Jack's Weekly Covered Call Strategy 01:32:00 - Career Advice: Grinding on the Right Thing 01:34:08 - Podcasting & Corporate-Owned YouTube Channels 01:38:29 - The $2.2M Offer to Buy 10% of Graham's Channel 01:41:00 - Toddler Podcast Idea & Niching Down Your Audience 01:43:49 - Family Life: Kids, Personalities & a Dad Win 01:47:13 - Trump Accounts & Tax Strategies 01:48:18 - Final Advice & Wrap-Up *๐—–๐—ข๐—ก๐—ก๐—˜๐—–๐—ง ๐—ช๐—œ๐—ง๐—› ๐—จ๐—ฆ* ๐—œ๐—š: https://www.instagram.com/icedcoffeehour ๐—๐—”๐—–๐—ž: https://www.instagram.com/jlsselby ๐—š๐—ฅ๐—”๐—›๐—”๐— : https://www.instagram.com/gpstephan ๐—–๐—น๐—ถ๐—ฝ๐˜€ ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น: https://www.youtube.com/c/TheIcedCoffeeHourClips ๐—ซ.๐—ฐ๐—ผ๐—บ: https://x.com/TheICHpodcast ๐—ง๐—ถ๐—ธ๐—ง๐—ผ๐—ธ: https://www.tiktok.com/@theicedcoffeehour ๐—ฆ๐—ฝ๐—ผ๐˜๐—ถ๐—ณ๐˜†: https://open.spotify.com/show/5c2uoXBQkOjIiCOf60jJj7 ๐—”๐—ฝ๐—ฝ๐—น๐—ฒ: https://podcasts.apple.com/us/podcast/the-iced-coffee-hour/id1515070058 For sponsorships or business inquiries reach out to: icedcoffeehourpartnerships@gmail.com Apply for The Index Membership: https://entertheindex.com/ For Podcast Inquiries, please DM @icedcoffeehour on Instagram! *Some of the links and other products that appear on this video are from companies which Graham Stephan & Jack Selby will earn an affiliate commission or referral bonus. Graham Stephan & Jack Selby are part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:21.8

dot UK slash podcast to learn more. This is going to be the most frustrating rally ever.

0:26.8

AI giants, NVIDIA, Open AI and Oracle have built a circular network. Is it easier to build wealth

0:33.1

right now for the average person in 2026? Unfortunately, AI doesn't make people wealthy unless they're like at the top tier of being

0:42.7

able to use AI.

0:43.8

But the people who will make most of the profits will be the shareholders, which is scary.

0:48.0

When folks are saying this is a red flag, you don't necessarily see it that way.

0:51.9

Nobody saw this company.

0:53.2

What do you think is the biggest risk to the economy right now that no one's talking about? All that crap's going to implode one day. It's all going to zero one day. They're going to overbuild and it's all going to crash. So if there's any motivation to leave from all of this, I would say every single year from now over the next 10 years, it's just going to get harder and harder and harder. So I don't know where it all comes out. I don't know when it's all going to collapse, but it's going to be ugly. And a lot of people are going to get really hurt and leveraged ETFs are going to go to zero. Kevin, thank you so much for coming on the ice coffee hour. Glad to be back. Really appreciate it, man. So I'm

1:28.1

curious. The big short investor, Michael Burry said the stock market is minutes away from a bloody crash.

1:34.9

Stocks are hitting a record high up 19% since the March bottom. Jack was curious about this one.

1:41.9

What stocks have you made the most money on?

1:44.5

Ooh, well, let's answer that. First, Michael Burr is probably right. I actually think that

1:50.7

this market is going to see a whole lot more crazy ups and downs because what's gotten

1:56.5

really popular lately has been super concentration and leveraged ETFs. So you see it like at the end of the day in the beginning of the day. Things just go crazy up and down. And I think we're going to see that craziness. Like these are going to be the most volatile years I bet over the next few years. Because I kind of think a lot of people are like, it can't go higher and watch that. I follow the QQQQ, theDAQ, the NASDAQ, it's going to go through like a thousand. And people are going to be like, what? This isn't fair. Why does it keep going up? It shouldn't. But between here and there, Burry's probably going to be right and be like, see, I told you there was a 19% dip. And then it goes right back up. It's crazy right now. So what about the stock? So on the stock,

2:34.7

most money in the last like six months, circle actually, bought it around 68. And then of course

2:41.3

it fell to like 58. I'm really good at like buying when it's still like kind of got some room to

2:45.8

go down, like timing that bottom so hard. But now it's like 120, 1.30. And I'm like, okay,

2:50.6

great. That's a

...

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