The Big Long (EP.220)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 1 September 2021
⏱️ 45 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Today's animal spirits is brought to you by Y-charts. |
| 0:04.1 | Oh boy, Ben, I just checked the pre-market status of Zoom. |
| 0:10.8 | They just reported earnings. |
| 0:12.2 | It's not a pretty picture. |
| 0:13.7 | The stock's down 14%. |
| 0:15.1 | I don't know if you recall, but this is the stock, the one stock that I told the stranger. |
| 0:21.7 | Listen, if the market holds up, this is the one you want to be in. |
| 0:24.6 | All right, I didn't actually say this one you want to be in, but he priced me. |
| 0:27.4 | Zoom was looking good. |
| 0:28.7 | So what happened was the revenue was up 54%, what's wrong with that, nothing. |
| 0:35.3 | But investors already paid for that. |
| 0:37.6 | That's why the stock had done so well. |
| 0:39.3 | And so when the CFO on the conference call or on the earnings call said that the growth |
| 0:43.8 | would begin to normalize, investors did not take too calmly to that. |
| 0:48.1 | I'm looking at the drawdown chart on Y-charts, and I see a 47% drawdown from the highs |
| 0:51.6 | right now. |
| 0:52.6 | It's not pretty. |
| 0:54.0 | So anyway, on Y-charts, you can look at all the financials of companies. |
| 0:59.6 | You could see the revenue, you could see the revenue growth. |
| 1:02.3 | They do all that for you. |
| 1:03.3 | So go to Ycharts.com. |
| 1:05.4 | If you are interested in a new subscription, tell them Animal Spirit sent you and you'll |
... |
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