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The Disciplined Investor

TDI Podcast: Evolutionary Trading (#873)

The Disciplined Investor

Andrew Horowitz and guests - Frank Curzio, Ben Hunt, Barry Ritholtz, Leo Laporte, Keith McCullough, TDI

Stocks, Obama, Business, Laporte, Bloomberg, Business News, Ramsey, Podcast, Cnbc, Investing, Twit, Curzio, Tdi, Cramer, Dvorak

4.4705 Ratings

🗓️ 16 June 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

Stocks breaking out – tech mania continues Apple finally announces AI – investors love it CPI comes in – yields drop – it is Goldie Lox all over again! And our guest this week is Steve Sanders – EVP at Interactive Brokers Steve Sanders is Executive Vice President of Marketing & Product Development at Interactive Brokers. In this capacity, he oversees all marketing and product development efforts at the company and introduces Interactive Brokers’ low commissions, advanced trading technology and breadth of product worldwide to advanced individual and institutional investors globally. Steve joined Interactive Brokers in 2001 to establish the company’s platform for financial advisors. Since that time, he has been responsible for many key initiatives including building a direct / digital marketing program, developing a new account structure and registration process for institutional investor clients and contributing to the deployment of the company’s Integrated Investment Account.  During his over twenty-year tenure with the company, Steve has remained focused on providing IBKR clients with the products, tools and resources necessary to meet a wide variety of trading and investing objectives, which he believes has contributed to the company’s extraordinary growth over the years. Prior to joining Interactive Brokers, Steve spent fifteen years at Citibank in a variety of positions including Managing Director and Chief Technology Officer of Cybic, a “Request for Quote” exchange to facilitate the distribution of OTC derivative products to retail investors, which he developed. Before that, he held diverse roles throughout the organization in credit & risk management, marketing, financial planning, and product structuring functions. Steve holds an MBA in Finance from the University of Chicago and an undergraduate degree from SUNY at Albany in Accounting and Computer Science. Check this out and find out more at: http://www.interactivebrokers.com/ Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy - HERE Stocks mentioned in this episode: (SPY), (QQQ), (NVDA)

Transcript

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0:00.0

The Disciplined Investor is all about you, your money, and the markets.

0:06.0

Sit back and get ready for this edition of The Discipline Investor Podcast.

0:11.6

This episode of The Discipline Investor is sponsored by Horowitz & Company.

0:16.6

If you're looking for a portfolio manager, look no further.

0:20.2

Horowitz and Company, from seed through harvest, cultivating financial success.

0:30.0

Stocks breaking out as tech mania continues.

0:33.4

Apple finally announces AI and investors love it.

0:38.1

CPI comes in, yields drop.

0:40.0

It's the Goldilocks all over again.

0:42.5

And our guest this week is Steve Sanders, EVP at Interactive Brokers.

0:47.5

All this.

0:48.6

And much more on episode number 873 of the Disciplined Investor podcast.

1:10.2

Well, what fun, aren't we having a good time at this whole thing?

1:13.3

I mean, bad news is good news, and good news is good news.

1:16.4

And that's what we call Goldilocks circumstances.

1:19.7

That's what we call a situation when we see that no matter what, there's an opportunity for the markets to go up.

1:26.4

And boy, have they been going up. I mean, it's amazing to

1:30.3

watch on a daily basis how every dip is bought. And what we're seeing right now is a circumstance

1:38.1

that you don't really see that often. What you see is, you know, times where you have corrections

1:43.7

in the markets that are deep and sometimes a little more shallow. You have situations What you see is, you know, times where you have corrections in the markets that are deep

1:45.4

and sometimes a little more shallow. You have situations when you see rallies, but right now we're in one of

1:49.7

those really mega rally moments. That's pretty interesting. Now, that could end at any time.

...

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