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Animal Spirits Podcast

Talk Your Book: Diversifying Away From the Magnificent 7

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.82K Ratings

🗓️ 15 April 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

On today's show, we spoke with Ed Egilinsky, Managing Director, Head of Alternatives, and Head of Sales and Distribution at Direxion to discuss: flows into bullish and bearish levered funds, diversifying away from large-cap tech, utilizing the Nasdaq equal-weight ETF, the appropriate time period to hold leveraged products, and much more! Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's Animal Spirits Talk Your Book is bought to you by direction.

0:03.2

Go to direction.com, that's direction with an X,

0:06.4

and check out their equal-weighted NASDAQ 100 ETF.

0:09.9

A lot of people worried about market concentration, Equal-weighted fund, especially in tech.

0:14.8

Equal-weighted fund is a decent way to diversify that.

0:16.8

Check that out.

0:17.3

Go to direction.

0:18.6

I'm not that worried, but I still am a big fan of diversification

0:21.9

if you are worried.

0:22.8

So go to direction.com if you want to learn more.

0:27.0

Welcome to animal spirits, a show about markets, life, and investing.

0:32.0

Join Michael Bannnick and Ben Carlson

0:33.8

as they talk about what they are reading, writing, and watching.

0:37.1

All opinions expressed by Michael and Ben

0:38.9

are solely their own opinion and do not

0:40.9

reflect the opinion of Redydholz Wealth Management.

0:43.0

This podcast is for informational purposes only and should not be relied upon for any investment decisions.

0:49.0

Clients of Rydholz Wealth Management may maintain positions in the securities discussed in this

0:53.2

podcast.

0:56.2

Welcome animal spirits with Michael and Ben.

1:00.2

Michael we've got a lot of questions over the years in our inbox and we I think we like to keep kind of a running tally I wish I had one of those whiteboards you know like in the sales organizations they'll like stand up and do a little tally when they make a sale, you know?

1:17.0

Yeah, sure.

...

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