There are 'unusually attractive' prices for promising companies, says Ron Baron
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- Опубліковано 2 жов 2024
- Baron Capital CEO Ron Baron joins CNBC's 'Squawk Box' to break down potential investment strategies amid the market bounce off of June lows. "We're investing in growth companies, so the growth companies are our hedge against inflation," Baron tells CNBC. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Skip Joe's rambling: 1:57 - 2:52 (Come on, I can't be the only guy who does this.) Please continue Ron.
Lol question should have taken 5 seconds.
Why did you cut him off ffs
Ron was about to throw out some knowledge/gems to viewers then gets interrupted by “clickbait” questions.
Almost like CNBC wants to keep the poor masses trading stocks like it’s a god damn casino.
What is the lululemon of healthcare??
Because everyone has an agenda. Even Ron mentioning certain “gems”. Don’t be fooled.
WHAT IS THE LULU OF HEALTHCARE
@@demri123 figs
Would be nice to have so much money or access to capital that you can just tell people to keep buying!
honestly. imagine having that much flex
@@kaitlinmel4316 Very sound and pragmatic. I have been into this for long and though I won't say I have lost a fortune, but I have squandered quite a lot. If it's not a problem, do you mind recommending the pro you worked with? I could definitely use the help of one right now... I look forward to your reply...
@@sonyablack2015 Funny enough, I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding. I don't know if I am permitted to go into details here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@kaitlinmel4316 wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
@@kaitlinmel4316 Thank you...
Love how this pundit interrupts Ron Baron as he is in the middle of sharing the companies he’s bullish on. Journalism at its finest
Ron Baron is one of few people worth listening
Definitely. His results speak for themselves.
Sure, follow his advice now and loose all ur money haha, only clowns on TV
He was saying the Lululemon of healthcare...??
This guy is honest and wants to share his knowledge
Sharing your lucks with others makes him much richer
Wonderful comment 👌 you're so right 👏👏👏👏👏
One of the very few you'll get actual investing advice from on this network.
Mr. Ron Baron sees through the chaos because it’s happened before, over and over again.
Ron just throwing out facts lol. Legend
true
You have to pay close attention to investors like Ron as when he mentions the company’s he’s buying these analysts will cut the info off at the kneecaps so the viewer can’t get any knowledge of the jems that produce capital long term.
The anchor is an idiot for cutting off the speaker from talking.
Ron is a true intelligent investor
Must protect this man
Very well articulated; I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts.
@@joshspring7686 Yes, I've used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I've been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years.
@@miawhitlock9140 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?
@@chrisbluebird5037 The advisor I use is Jessica Meador Jones, she's verifiable , so you could just search her.
@@miawhitlock9140 I just looked up Jessica Meador Jones online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
Even with the current dip in crypto, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I've gotten $18,539 in my portfolio. Thanks so much Mr Dominic Jones
I'm surprised you know him too. I've been making a lot of profits investing with him for a few months now.
Please any information on how i can get intouch with Mr Dominic.?
Mr Dominic Jones changed my life because of the
high profits I got from trading with him.
I was skeptical at first till I decided to try. Its
huge returns is awesome. I can't say much.
You can communicate
with him on telegam with the user name below
I sincerely appreciate the knowledge you share. If you have been closely watching the crypto
Knowing Axel William has been the greatest thing that has ever happened to me, it turned my life story to a success story
Really! That's good, Please I'm very much interested. How can I get in touch with this Axel William? I really need to give him a try.
That's his handle up there, you all can earn from him.👆
with The guidance of Axel William has helped me recovered so much and all i have lost in my past trade. i am always thankful to him.
Most difficult part about this current market environment for new investors, is filtering out the good from the bad. Just because a company is down 50%+, does not make it a sound investment. Do your OWN due diligence & invest in great companies or IFs/ETFs.
I struggle with this a little bit even as an “old” investor.. too many new ones I want to get into but trying to keep my portfolio somewhat trim for the snowball effect.
For you to succeed in the market a proper strategy is required and you need to always monitor the lines, great investors/traders do not panic on the dips because that's when they make their profits.
People do underrate the importance of a financial advisor that’s why you hear people losing money or getting liquidated or buying in on the very wrong assets as the case maybe. Let’s say you want to retire in 10 years, buy a home or send your kids to a private college, to accomplish these kind of goals you would definitely need skilled professional with the right licenses to help you make those plans a reality and this is where financial advisor comes in. My goal is to buy a contemporary home before I retire and ‘’Nicole Ann Sabin’’ has really helped me get closer to that dream.
@@PhilipMurray251 How can this person you mentioned that helped you be reached?
@@instinctively_awesome8283 look up her name on the web for her page where you can of course reach.
Ron Baron is drunk off his solid 40 year run. He's like a poker player that runs hot and thinks he's a genius player because of it. He started his firm in 1982 when long bond was around 16% and FFR peaked at 22% due to Volker's brave hikes that assaulted and ultimately killed runaway inflation which predecessor Burns failed to rein in.. so much for "inflation being easy to tame". Why couldn't they put the Genie back in the bottle in the 1970's?? Baron is the poster child of the BTFD mentality (imagine the popular meme dog in the room sitting on a stool amid burning house stating "everything is fine!") He's a cheerleader of 15 years MMT which has got us to where we are now, on the brink of hyper-inflation and concomitant Civil War due to gross economic inequality. ZIRP has been great for his portfolio, indeed, to the detriment of lower economic strata with ever stagnant wages. "Everyone who predicts Macro is always wrong? Rubini predicted the 2008 housing crash.. so did Michael Bury. Soros predicted Sterling's crash in 1992 and profited $1B from it. Most people can not withstand a 50% peak to trough drawdown like we saw in 2001 or in 2008. Baron's greatest strength is not picking bottom's but his conviction in his holdings that allows him to hold during and through the winters, so as Lynch said Buy What you Know! The bottom line is that Baron and his Cathy Wood counterparts have enjoyed the 40 year decline in Yields which have boosted long duration assets to the Moon (ie, Tesla, etc). This stops NOW that the Fed Put has turned into a Fed Call. "Greenspan's irrational exuberance" call in 1996 happened to be correct as the markets tanked hard in 2001... Baron leaves this out. He's (like most William O'Neil style managers that are very difficult to beat towards the end of an up cycle) right that markets can be overbought for a LONG time and SPX went parabolic in 1998 and 1999 leading to a severe tech recession in 2001 leading to collapse of Enron, Global Crossings, etc. "We never predict anything about the economy or the stock market" - this means he does not give a hoot about volatility or draw downs in his funds. Are you comfortable stomaching 10%, 20%, 30% , 40%, 50%, 60% drawdowns? It took 25 year for the equity markets to make new highs from the 1929 crash. That's a lifetime for average investors. He loves to talk about 1982-2022 on the Dow... 800 to 32,00. He conveniently ignores the fact that from Feb 1966 to July 1982, the Dow went from 986 down to 804, 18% decline over 16 years. This guy is a salesman for his funds. PERIOD. Don't be deluded. Watch Jeremy Grantham's recent interviews on Bloomberg - he called 2022 downturn as have many others who do watch and measure the economy and macro fundamentals.
so he rubbished greenspans comments in 1996 about ' irrational exuberance' in the market by saying it went on a tear for the next 4 years.... yes thats the point, and it ended with one of the biggest stock market crashes the world ever saw, it takes years and years to recover from.
Can Joe Kernen please just go away already 🙄
Yea, he's tough to bear with most of the time.......uses 100 words to accomplish what most people would do with 20.
2:58-4:08 did anyone fact check this? Because this man just named a lot of past events from the top of his head.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities :(
@@noahfleming8982 you could be right or wrong depends on your expertise, I once made much loss when i invested thinking i have gathered enough trading skills from UA-cam videos but now its a different ball game for me because I was lucky to have met *Julia Renee Lindberg* , a financial manager and stock expert. I have made more than $75,000 in 6 months under her supervision
@@idellameyer7411 That’s impressive! How could someone go about getting investment guidance from a coach like that. Would you mind sharing your coach's Info?
@@gaileickhoff116 My coach, *Julia Renee Lindberg* mentioned her earlier. I found her at a stock market interview, then I looked her up online
@@idellameyer7411 I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this
the strategy that beats 90% of investors is buy the SPY
5:00 - 5:35 protect ron
Crash let’s go I want another 30% drop. Friday was amazing let’s continue this into September I have my target price’s for my favourite growth stocks.
When gray haired men with money.... talk about money..... listen!
Tesla is going to dominate.. Im fully invested and I recommend buying Tesla now....
Is this Jerry Seinfeld's uncle?
why is it "impossible to get out of deflation" could anybody explain it to me?
Wise words. People fail because they try to be traders. Try to time the market. Try to fight the Fed. Investors win because they play the long game
Takeaway: According to Baron, it possible to get out of inflation, it is impossible to get out of Deflation, aka the Japanese Scenario. This is the risk of the FOMC's policy.
Ron is Legend!
Another hedgie pumping tesla
well, yes growth companies are going to be fantastic investments in the future. no one knows when that will be. market most likely will fall further. but any investment in a good growth company will be pay off later this decade.
UNH
long term and optimistic, It totally agree, However, the higher the S&P goes in the short term the more severe the sell off is going to be - I will make money in that sell off!! 10 year - way too low!!! tons of money to made shorting bonds. God bless America
white shirt guy talks too much
I would disagree with Ron Baron: "It's impossible to get out of deflation."
Just give out free money indiscriminately. Viola, inflation.
You hear that? Ron has exactly the same idea I do about growth companies: "a hedge against inflation." Everyone and their sister LOVES to tell me how tech and growth sell off hard during times of rate hikes (and they do), but then they never BUY THEM BACK WHEN THEY ARE LOW. I don't know where the market bottom is, but I don't mind dollar cost averaging on dips when the NASDAQ has pulled back 20% or more. Today, NASDAQ was down 4%! One day! I was buying.
Agree 100%; you will be rewarded by simply following historical charts of high-quality companies after a big pullback.
Main them today we have a lack of supplies from China inflation and we must take more of your $ to increase supply so you can't afford supply awesome idea
lol noone was talking about 3600 when S&P was bouncing back to 4300...price always determines sentiment
I really like Ron Baron so call me biased. One of the very few portfolio managers who has a strategy and understands companies.
Tesla's cars are for the upper middle class right now, most people could not afford one. They can't touch the customer base of Ford, Toyota, Nissan, KIA or VW. So there has been little motivation for those companies to get into the electric car game, until the EU passed the 2035 'zero-emission' laws. Toyota can make 10 million cars a year globally and its not much of a design challenge to go from a very complex Hybrid car, to a far more simple electric car. Tesla has been all by themselves in the EV market, but the competition is coming. I think Mr. Baron is going to be surprised that he bought the Musk hype.
I think you will be surprised when tesla sells 20 million cars per year and Toyota is bankrupt. ~2030-2032
No one can compete with Tesla in the EV market.
@@Vumillionaire I think you are going to be surprised. I think EVERYONE is gong to be surprised. The difference in the legacy car makers and Tesla, is that Tesla has spent the last 10 years learning what the legacy car makers already know... how to make car's at scale.
Legacy car makers also make highly complex cars with both a gasoline engine and a battery with electric motor. This is the part that people fail to see. A car with battery and electric motor(s) is very simple to make compared to a Hybrid car. Vastly less science, less parts, and less to design.
Musk has convinced people he has some magic touch with high tech. Yet an EV is just a fancy golf cart.
Strong point from 5:00
This buffoon has had the wind at his back for decades....Let's see how he enjoys the next few years
Tomorrow Red monday worse than Oct 2008. Dow down 2200
Thats called ron baron’s exit liquidity
The day before Jackson Hole.......a BIG mutual fund guy is out pumping the market.......Gee......I wonder why???? God for bid anyone wants to liquidate....or even take profits.......
Meanwhile I’m here worried about my £10k investment going down 😂😂
It is all relative...
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Listen, I'm not going to tell anyone how to invest, but if you DO invest, please, just read this comment:
Before you listen to people like this, just ask yourself 4 questions:
1.) What is going-on in the real estate/housing market right now?
2.) What is going-on in the securities market right now?
3.) What would happened to the wider market if EITHER of the aforementioned segments hit a serious speed-bump?
4.) Is there any correlation between recent yield jumps & new housing data?
I agree. Markets are bullish. Thx FED !
THE GUY TALKED LIKE RON BARON AT FIRST! LOL!
He is right now is the time to capitalize on an opportunity. It's so funny I laugh at idiots that loved paying double price last year now they wont buy the same stock half price. Explain that logic to me please. Thanks
Ha ha said we wont see 3600 again. Yes we will
Agree 100%. The Media is too obsessed with the stock market and does not focus on the individual stocks. Buy good stocks and hold them for 5-10 years. Forget the market and it’s dips
We must protect this man and his Tesla shares!!
every time this speaks I want to throw up, they literally had people every day calling the bottom the likes of Tom Lee... now they're saying every one was bearish yea, I agree its irrelevant but people are so dishonest what can you, keep working, cheers
The problem is not many understand macro properly, thats why theyre wrong mostly....but if you understand it, its way more insightful than micro or simple price action....
Ron, long term, long term. Joe interrupts to ask him the opposite he’s speaking about. Ron goes long winded to tell him your question is irrelevant
Investing in growth stocks is certainly a hedge against inflation. If you're able to spot companies that do end up growing, you're in a good place regardless of what happens in terms of inflation. As for the US inflating its way out of debt, I agree that entering an era where we actually may hit ~2% long-term inflation and have to fight to keep it there will help in terms of paying down debt that was issued when interest rates were extremely low. However, given the Fed's mandate of price stability, I don't know that this alone will answer the issue of our country's debt burden.
Really appreciate the CNBC host interrupting him as he’s listing off companies he’s investing in at attractive valuations.
LEGEND speaking - such wealth of knowledge and wisdom! To all those candle traders - wake up!
sooo great interview EPIC
Ron did not look amused
We will go below 3600 powell made sure
Its not a buying opportunity if you already bought a lot at high. Which he did
I LIKE RON...But it is brutal listening to him. Goes on, and on, and on, and on.
It’s actually his point,everyone’s short term only real winners are long term
If you had trouble paying attention to that you might want to get checked out for ADD.
Another tesla pumper
Clever man 👍
Short everything
Rational thinking
He gets it!
Last 1 minute is gold.
LMFAO
Lol
it is easy to recall it if you have lived it.
Why did he recommend Space X? The average Joe can’t invest in it.
Facts on facts 🚫🧢
But this time its different
Buy buy buy
Wisdom has spoken...
You have 4.5years.
So what stocks? Lol
Well said, Ron.
Legend!
His advice: Buy the most overvalued bubble stocks like Tesla at the top of the market.
He referenced what elon said to put things into perspective. He said buy growth companies with solid balance sheets that will out pace the current cycle. He didn't say buy tesla I wont buy it that ship sailed bro.
@@kingstilletto Hes bullish on TSLA. TSLA just getting started
@@keto6789 tesla sucks im not a buyer
What's the "lulu lemon of healthcare"?
FIGS
@@Zaerki Thanks I did not know they were public
5:10
Big deal your money won't mean anything go hide in your bunker,the kings of the earth will hide in the mountains,good luck to you.
Lululemon?! WTF. Sports wear is one of the most exciting businesses he can think of?
He mentioned FIGS which he calls as Lululemon of Healthcare.
@@rahulchawla20 Oh I see, this company seems even duller than Lululemon
👏🏿
Exactly, Ron is always on point. so many CNBC commentators have been wrong for years like Josh Brown, Liz Young, Morgan Stanley, Liz Sonders from Schwab etc….
These guys never come on when the market is at the low and mention they are buying , They only come on after they have pumped the market and then tell you to buy.
The market is low though. Lots of the growth stocks are down 60+%
Keebler elf
Billion dollar man you mean
@@dantedlane2 billion dollar Keebler elf