Joe Weisenthal’s Post

In our latest episode of “Markets in a Nutshell,” Linda Eedes, CFA discusses the change in the US market for the month of July. With Joe Biden dropping out of the presidential race, the US job market slowed sharply. She analyses how this affected the stock market and if it remains vulnerable to the correction, noting that AI has the ability to generate hefty returns. Listen to the full podcast and subscribe for more insights on what's happening in the global markets: https://lnkd.in/gByV3Kwe Also available on Apple Podcasts: https://lnkd.in/gFDRHcrT #finance #investing #capitalmarkets #assetmanagement

On today’s podcast Chris explains investing diversification with some analogous side trips to the worlds of food and nature. https://lnkd.in/g8PHDyN7 #PaulMerriman #Soundinvesting #mutualfunds #investing #personalfinance #financialeducation #financialplanning #investments

FS Investments' Chief Market Strategist Troy A. Gayeski, CFA shares key takeaways on market conditions and asset allocation strategies in their latest podcast episode. https://lnkd.in/epbyzjcJ #LBO #buyouts

I’ve been told for years (since I was 22 at least) that I’m stupid for thinking market corrections, even crashes, are good *for a certain group of people.* Namely, young investors looking to get into the market. Market corrections and crashes do suck, but only for one very specific demographic: existing investors *who choose to sell!* Again, because I was/am young I was told I was ignorant, even arrogant, for suggesting such a thing, and that the way young people get into the market is by investing into new companies, praying that they succeed, then trading up to big players when the individual companies have small dip. That unsustainable model get lambasted by Scott Galloway in this episode and I’ve never felt so validated in my view of markets. A great listen, especially if you’re young, looking to invest or expand your portfolio, and wondering what this weeks dip in the markets *probably* means. #futurelooksbright https://lnkd.in/exZerXng

This month on #ASXInvestorUpdate: Grant (Ning) Feng, Ph.D, Vanguard, discusses what’s next for Australia’s economy, Russel Pillemer, Pengana Capital Group presents pros and cons of investing in private equity, Shane Oliver, AMP, shares tips on sharemarket seasonal patterns plus Karl Siegling, Felicity Thomas, Arian Neiron, Vera Lin and Caroline Gurney provide insights on what they wished they knew before they started investing. #Inflation #MarketInsights #StartInvesting

While I'm not a frequent poster, I've unearthed a treasure in the world of passive index investing that's too good not to share. I suppose all of the professionals in the world of investing are familiar with the revolutionary force of Vanguard, the undisputed flagship of index investing. Jack Bogle, the visionary founder of Vanguard, has left an indelible mark on the investment landscape. Those who share his values join a unique tribe – the Boglehads. I take pride in considering myself one of the Boglehads, captivated by the brilliance of Jack Bogle's ideas. The simplicity, wisdom, and (EVEN OMG!!! SOCIALISTIC ALTRUISM) embedded in his philosophy have forever altered the investment landscape. I invite you to immerse yourself in one of Jack Bogle's last live interviews. Feel the passion and witness the flow of mind of the investment giant. You won't regret devoting 1h of your valuable time to get into how 15% of the US stock market are operated under VANGUARD empire. Listen to the last live interview of Jack Bogle by Bloomberg View columnist Barry Ritholtz: https://lnkd.in/geAUe2hM If you are interested in the topic - it would be a great pleasure to discuss

What do you know about Factor Investing? This week, on the Make Better Wealth Decisions #podcast, I sit down with Trevor Cummings of TD to discuss Factors in general and low volatility in particular. https://lnkd.in/gas7DDFe

What wins championships? DEFENSE! Many investors have only been trained to play offense When markets get ugly, money is lost and takes years to recover I approach it differently Here's my latest interview with the Investing Experts podcast @SeekingAlpha https://bit.ly/3wdSPxf

What wins championships? DEFENSE! Many investors have only been trained to play offense When markets get ugly, money is lost and takes years to recover I approach it differently Here's my latest interview with the Investing Experts podcast @SeekingAlpha https://bit.ly/3wdSPxf

Well it begins. As the clown show takes shape, it makes it really hard to stay in positions that are ripe to get a glare from the Mad King and his minions. Sold my position in Novo Nordisk, a high quality company with a best of breed product for 13% loss (net forex). With the nut job coming in as Health Sec, it makes it really difficult to hold positions in companies that could get slammed like Thanos. This is like China when they took down their tech co's. No surprises for me. This is what happens when you're willing to vote to sacrifice rule of law for personal gain. It's hard to commit capital under this cloud. So basically reviewing positions and reducing where makes sense, let the "s" hit the fan and see what comes out of it. With bond market right now the only guardrail against all this, can lock in rough 3-4% to wait. As investors we're willing to pay a premium to hold US$ assets for security/stability of rule of law. That's all out the window now, so as investors some now, some slowly (e.g. Wall Street) will have to process this and ask if they want to own risk assets in this environment. I don't think you can quit US cold turkey, but you can reduce and diversify further. Also sold position in Canada Goose for 16.6% loss. I've been torn on this as I thought it was a good turnaround play. But some observations recently made me wonder. They no longer sell in high-end retailers. I was in one over the weekend that used to sell a lot of Goose, but no longer. They are focussing on their own stores. It could work out going more elusive and controlling the distribution. Then again, also I don't hear the same buzz about them like before. Stock was near my loss threshold so I figure cut the loss and move on. I just don't have the same conviction now. As things are evolving, it's just hard for me to want to own individual companies. I'm feeling more compelled to own a basket of low cost ETF's heavily diversified. We're in a tough period now and I'm doing a bit of rethink on how to move forward. The rethink definitely involves reconnecting and validating my investing playbook and making sure my investing ideology is intact and will frame my decisions going forward. I'll probably dive deeper into this in a future podcast/video. Speaking of which, check it out! https://lnkd.in/gazUSp95