Talk Your Book: Investing in Next Gen Tech Stocks
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 23 February 2026
⏱️ 25 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Today's Animal Spirits Talk Your Book is brought to you by Invesco. Go to Invesco.com to learn more about |
| 0:05.7 | the Invesco NASDAQ, NextGen 100 ETF, ticker QQQJ. That's the tech juniors. Is that right, Michael? |
| 0:13.1 | That's right, Ben. All right. Invesco.com to learn more. |
| 0:18.4 | Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik and |
| 0:23.6 | Ben Carlson as they talk about what they're reading, writing, and watching. All opinions expressed by |
| 0:28.8 | Michael and Ben are solely their own opinion and do not reflect the opinion of Ridholt's wealth |
| 0:33.1 | management. This podcast is for informational purposes only and should not be relied upon for any investment |
| 0:38.6 | decisions. |
| 0:39.7 | Clients of Britholt's wealth management may maintain positions in the securities discussed in this podcast. |
| 0:47.9 | Welcome to Animal Spurts with Michael and Ben. |
| 0:50.1 | There was a time there, Ben. |
| 0:52.2 | When was it? |
| 0:53.3 | It was at 23 when I was like apologizing to the audience, |
| 0:56.4 | and to you, I guess, for, sorry, we're doing this talk again. We're doing it. We're talking about |
| 1:02.9 | the mag seven, because that's all there was to talk about. There was one year in particular, |
| 1:07.4 | I do think it was 23, where the S&P was up, whatever it was, and X |
| 1:12.5 | the MAG was basically flat, or said differently, the MAG 7 was up 20% of the 493 were flat. |
| 1:16.7 | Like, it was that stark. |
| 1:18.9 | And this year, we're recording this intro on February 9th. |
| 1:23.5 | The spread between the equal weight and the cap weighted S&P has never been this large. |
| 1:30.2 | And I would imagine, well, I can't prove it with a cursory glance, maybe I could, that if you |
| 1:36.4 | were to equal weight the tech stocks versus tech, it would look similar, said differently, |
... |
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