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With all due respect to Michael, when you're looking at a list of the top 10 companies in India, at least look at it. Props to Josh for pushing this a bit. The British were myopic at the turn of the last century, vis a vis the world they ruled over and they paid the ultimate price and lost their empire and their dominance. Americans should try to open their eyes a bit more. The opportunities out there are massive right now. Infosys and Tata, at the very least, should at least register on your radar. Aside from that, great show as always. I learn so much from you guys.
I think you are creating something that was not there. Both Josh and Michael zone out a little here and there not to ignore a topic but they are preparing to discuss many topics at a deep level for an hour “mostly” live. That takes an insane amount of focus and it just will result in them looking forward mentally to the next point or next topic. Don’t create an affront that likely does not exist.
I have to agree they did a good explanation of the situation. Going into the stocks was not something they should do because they're responsible and KNOW NOTHING ABOUT THOSE STOCKS.
About the GME piece... how is it any different than someone going on CNBC saying they just doubled their position in AMZN? Like genuinely, Josh doesn't go out and say "Buy AMZN!". He is just telling you his trades. I'd argue Jim Cramer has more impact and potential drive stock movement than Roaring Kitty.
100%! The only difference is the strategies and what side of Wall Street these individuals stand on. One's a momentum opportunist. The other is a fund operator under the SEC's watch. God forbid the individual momentum traders who manage their own money benefit from the markets. But don't take from the short sellers who are also making markets in an egregious conflict of interest. What a hypocrisy.
@@sparksmcgee6641How so? He’s trading on a regulated platform that reports all income to the IRS and E*trade charges 50 cents an option contract to both open and close. If he’s making millions he’s paying the federal govt roughly 40% of that as these trades are short term cap gains.
Even if Keith Gill did directly tell people to buy, so what? Is that illegal? Someone better tell Jim Cramer... And so what if he is managing other people's money? Isn't that what every hedge fund does? Take other people's money, invest it, then go on CNBC to promote those positions? What part of that is illegal guys??? No one would be investigating him, or threatening to ban him if he was pumping NVDA. Why are the rules suddenly different for us when it comes to GameStop?
coffee pods/k-cups are some of the most EXPENSIVE ways to drink coffee. On a per cup basis, k-cups are almost 3x as expensive as ground coffee. Consumers will go back to ground.
It's not. I'm really disappointed in Josh and Michael for not sticking up for Keith more in that opening bit. How many fund managers have they had on their show talking up their book?
Nice coverage of Indian stocks! Feedback: All-in-1 podcast covered the salesforce story much in depth, hinting at enterprise spending slowdown, gdp slowdown etc. It may be nice for you guys to discuss fewer topics in depth instead of a large number of topics.
Software is different because it's a business commitment and no company wants to sign up for a service that may go bust / get acquired / is unstable. I'm not hosting my business data on some unproven technology slapped together by a one-person team. On the other hand, I can choose to consume any media from any platform at any time.
Hard agree. Also compliance, we have CMMC & itar compliance requirements, similar things exist in healthcare. Smaller companies are slower to obtain these
47:33. And way more. I had a window washing company that only worked on top tier homes. I kept track of the market because it was the only direct change in our clients. A down market without a recession was about the same as a full blown recession with the same downturn. It goes to Josh's inside about spending by the top tier and how much it can influence the economy. Stock and dividens are much better than high real estate prices for across the board spending. A bunch of guys buying 75k trucks with black rims is the extent of high real estate prices.
Really? There's no concern for private credit market? Steward Health and Red Lobster went bankrupt on private lending. Private equities are taking in more debt while putting it in the books of the acquired companies.
This is for TRB - I disagree with your assertion that market cap will always beat equal weight indices. Equal weight index will vastly outperform market cap when the biggest 3-5-10 companies of an index crash or underperform for many years while the other 490 stocks continue to grow. If you pull up an equal weight S&P vs Market cap comparison dating back to 2001 you will understand this point.
@@TheCompoundNews CBW said so last week. Maybe it was a specific point in time like right at market peaks, but there are certainly situations where equal weight outperform. My guess would be now for the next 10 years would be one of those times.
Knowing something about India, I say this is buying moment. Modi and his party were too drunk with power and if they had gotten this landslide win they would have made a Erdogan like mistake, glad the people brought them down to earth
Coding is replaced by AI for sure. But glue them together still need that engineer. Actually, it's always like that, we had architect, designer, and coder. We were taught 20 years ago to be software engineer and not coders. It's the fact that there was so much demand that they were interchangeable for most industries. If you take f35 for example, you'd need to go back to follow CMMi approach. tldr; real engineers are rare. We just had an era that demand in software was so high that we trained bunch of software developers. But if this blip goes away, the engineers would remain like all other engineering fields.
Enough with NVDA hating. Can retail win for once without the “professionals” calling the top and to sell tomorrow. - Michael has been saying this since $700 just saying
search “Linus Tech Tips Nvidia” it just dropped today. He was given access to show all of Nvidia products, he is the top tech review name specifically with CPUs/GPUs for many years. What they have created is levels above what Apple has. It’s GG.
People are focusing too much on indian stock market and not enough on indian real estate market..India has 1/3rd the land of us or china and the population is expected to rise to 1.5 billiion by 2030..That level of population density makes indian re market a really attractive investment...i have family members who have owned agriculture land in india since late 90s and the value of the land has literally 100x in ~25 years(in dollar terms, not rupees)…i would be surprised if atleast 5 out of the top 10 most expensive housing cities are not indian, 20 years from now. If india ever has a housing bubble, it would put the japanese housing bubble to shame.
Why do people think Jamie Dimon isn't as greedishly self-serving as everyone else when pretending to be an elder statesman or sage...and then taking a dump on his nascent competition?
on that "end of software", Obviously, the author has no idea what's going on for years. 1 already changed. open source alternatives often are better than legacy. vscode pretty much eliminated all code editors. 2 this is still true 3 this wouldn't work as the company grow. that's why excel is king. When you have niche tools that's better than excel in use, that just means the company is too small. When you get large enough, all those 'new' software that does the same as the good old excel will go back to excel. Just add turnover rate and multiply by years, size of team, number of teams, number of departments,... it's not sustainable to just keep training without real value add.
Another point about the software engineering/dev makes a lot of money. That's purely bs and a fallacy. You can have same talent doing same thing get paid drastically different. The issue is that there are handful of companies fight for handful of people which really jacked up the prices. Since we are benefiters of that industry, someone's willing to pay for that, no one really complained. When I first worked on smartphone architecture, there were 3 of us, we were paid peanuts. When I got to do consulting and later worked on modern chipsets, we had thousands of people working on the same stuff that was written by 3 of us, yet our pay was significantly higher. The outcome of the software was same, but now built by thousands and significantly higher salary. Because of demand and business has changed, it has nothing to do with software itself.
Mike I know it hurts to be 2nd fiddle but you gotta say Josh is just naturally too good. If you carry on being a child I may have to stop watching your show, bro. Eat humble pie. Learn what you can from the master
We were in NYC last month. We're going again this fall. Love The City; MAGAs can stay away! Will be spending some of the Nvidia stock bought at $7.86/share in February 2016.
Yeah the problem is India religionism, regionalism, castism… over nationalism, which the opposition uses to its advantage. Hence only a narrow win. No reason why modi shouldn’t have won with a landslide. Sad
Roaring Kitty has like 2.9M in cash 😂 thats gold to Morgan Stanley, no way they kick him out. They probably pay him .5% interest on that and turn around and flip it for +5%. He aint leaving lol
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Thanks for covering the economic and political situation in India, most Americans don’t know enough about it.
Had to call my internet provider at minute 14, went crazy because nothing made sense.
LOL i was already swearing and doing an internet speed test and they came back
Man….i love this show! The back and forth between Josh and Michael literally makes me laugh out loud. Keep it up, men!
Thanks for watching, appreciate the support!
With all due respect to Michael, when you're looking at a list of the top 10 companies in India, at least look at it. Props to Josh for pushing this a bit. The British were myopic at the turn of the last century, vis a vis the world they ruled over and they paid the ultimate price and lost their empire and their dominance. Americans should try to open their eyes a bit more. The opportunities out there are massive right now. Infosys and Tata, at the very least, should at least register on your radar. Aside from that, great show as always. I learn so much from you guys.
I agree. I'm an African who is US stock focused, but I'm familiar with the big Indian companies.
I think you are creating something that was not there. Both Josh and Michael zone out a little here and there not to ignore a topic but they are preparing to discuss many topics at a deep level for an hour “mostly” live. That takes an insane amount of focus and it just will result in them looking forward mentally to the next point or next topic. Don’t create an affront that likely does not exist.
I have to agree they did a good explanation of the situation. Going into the stocks was not something they should do because they're responsible and KNOW NOTHING ABOUT THOSE STOCKS.
I've been watching KDP for a couple of months (right before it gapped up, coincidentally) but never pulled the trigger. Now Downtown JB scooped me!
"Okay smarty pants! What have you got?" LMAO!!!!😂😂😂
About the GME piece... how is it any different than someone going on CNBC saying they just doubled their position in AMZN? Like genuinely, Josh doesn't go out and say "Buy AMZN!". He is just telling you his trades. I'd argue Jim Cramer has more impact and potential drive stock movement than Roaring Kitty.
100%! The only difference is the strategies and what side of Wall Street these individuals stand on. One's a momentum opportunist. The other is a fund operator under the SEC's watch.
God forbid the individual momentum traders who manage their own money benefit from the markets. But don't take from the short sellers who are also making markets in an egregious conflict of interest. What a hypocrisy.
I don’t see how or why they kick him off. He is paying a lot of money in option fees and taxes on all that short term cap gains.
@@surfrduedeThe fact you think he's paying a lot of money ey is why you don't understand why they're going to get rid of him.
@@sparksmcgee6641How so? He’s trading on a regulated platform that reports all income to the IRS and E*trade charges 50 cents an option contract to both open and close.
If he’s making millions he’s paying the federal govt roughly 40% of that as these trades are short term cap gains.
@@sparksmcgee6641How so? His brokerage reports all income to the IRS and charges options fees to trade on their platform.
Show me the chart of hot dog sales in NYC, then I'll believe NYC is back.
LMFAOOO “I took a chunk out of my scalp” 😂😭🤣💀
Even if Keith Gill did directly tell people to buy, so what? Is that illegal? Someone better tell Jim Cramer...
And so what if he is managing other people's money? Isn't that what every hedge fund does? Take other people's money, invest it, then go on CNBC to promote those positions? What part of that is illegal guys???
No one would be investigating him, or threatening to ban him if he was pumping NVDA. Why are the rules suddenly different for us when it comes to GameStop?
Good discussions, you guys are winning me over
best show of the year. MVP 👉chat
Thanks for sticking with us!
You guys argue like me and my brother…I love it
Batnick and anyoe who thinks this is the top for NVDA are very wrong. Great ep none the less
JB! You’ve got to start using powder wax for your hair! It’s the best for thin hair brother
coffee pods/k-cups are some of the most EXPENSIVE ways to drink coffee. On a per cup basis, k-cups are almost 3x as expensive as ground coffee. Consumers will go back to ground.
I love this podcast, thank you for making finance funny. Homies
Batnik is calling the top of Nvidia yet he doesn't even know that you can already create code from text with current chat GTP 😂😂☠️☠️
Don’t believe into headlines. LLMs hallucinate all the time and are highly unreliable for coding(yet).
I got no stake in the game but how is what he did any different than what everyone else on cnbc does lol
It's not.
I'm really disappointed in Josh and Michael for not sticking up for Keith more in that opening bit. How many fund managers have they had on their show talking up their book?
Intro/outro song name and artist, please? So choice! 👍
Just so you guys know I play poker at the same time as the show is live. Gotta do whatcha gotta do. So I watch it later. LOL
Michael was F E I S T Y this episode lmao.
Jamie D’s beef with an entire asset class that he will never have any business being involved in is baffling.
He’s like Drake, always losing beefs. Jamie didn’t like crypto either
great show as always guys
great work on the music duncan
Great show
Nice coverage of Indian stocks! Feedback: All-in-1 podcast covered the salesforce story much in depth, hinting at enterprise spending slowdown, gdp slowdown etc. It may be nice for you guys to discuss fewer topics in depth instead of a large number of topics.
All in wrong here. There is no sigh that economy is slowing.
Software is different because it's a business commitment and no company wants to sign up for a service that may go bust / get acquired / is unstable. I'm not hosting my business data on some unproven technology slapped together by a one-person team.
On the other hand, I can choose to consume any media from any platform at any time.
Hard agree. Also compliance, we have CMMC & itar compliance requirements, similar things exist in healthcare. Smaller companies are slower to obtain these
Like your golf swing, slow down and get used to the distance. Buy S&P index and used to big returns over time.
Good info as per gents 😊
Appreciate it!
It would be great if you did follow ups on the stocks you bought or picked like KDP
47:33. And way more. I had a window washing company that only worked on top tier homes. I kept track of the market because it was the only direct change in our clients. A down market without a recession was about the same as a full blown recession with the same downturn.
It goes to Josh's inside about spending by the top tier and how much it can influence the economy. Stock and dividens are much better than high real estate prices for across the board spending.
A bunch of guys buying 75k trucks with black rims is the extent of high real estate prices.
22:05 Damn, JC catching strays. Be cool, Batnick 😂
Check out other live streams, interacting with the chat is all they do lol Not that you are playing a game but you get the point.
15:56 that look on Michael’s face is meme-worthy. 😂
Josh don’t forget you also need to include the impact of Rupee depreciation over the past 12 years for USD Investors
God I love you guys!! Great info and you bust me out!!😂😂
59:00 they're scrambling last minute to find a guest
We just had our mini sopranos ending …
Michael’the bloody barber’ bounces back from near self head-lift.
Josh’s India segment was great. Michael should let him finish, not interrupt bc he’s bored
Really? There's no concern for private credit market? Steward Health and Red Lobster went bankrupt on private lending. Private equities are taking in more debt while putting it in the books of the acquired companies.
This is for TRB - I disagree with your assertion that market cap will always beat equal weight indices. Equal weight index will vastly outperform market cap when the biggest 3-5-10 companies of an index crash or underperform for many years while the other 490 stocks continue to grow. If you pull up an equal weight S&P vs Market cap comparison dating back to 2001 you will understand this point.
Nope. - Josh
@@TheCompoundNews CBW said so last week. Maybe it was a specific point in time like right at market peaks, but there are certainly situations where equal weight outperform. My guess would be now for the next 10 years would be one of those times.
From 2002 to about 2008 value outperformed growth. For years.
Knowing something about India, I say this is buying moment. Modi and his party were too drunk with power and if they had gotten this landslide win they would have made a Erdogan like mistake, glad the people brought them down to earth
“I’d say strong to quite strong” is strong to quite strong.
Coding is replaced by AI for sure. But glue them together still need that engineer. Actually, it's always like that, we had architect, designer, and coder. We were taught 20 years ago to be software engineer and not coders. It's the fact that there was so much demand that they were interchangeable for most industries. If you take f35 for example, you'd need to go back to follow CMMi approach. tldr; real engineers are rare. We just had an era that demand in software was so high that we trained bunch of software developers. But if this blip goes away, the engineers would remain like all other engineering fields.
You guys need to retake your Options101 course.
If his options are in the money he does not care what happens short term. Time decay has no effect.
Absolutely nothing happens but a bunch of jaws slapping
Enough with NVDA hating. Can retail win for once without the “professionals” calling the top and to sell tomorrow. - Michael has been saying this since $700 just saying
They're professionals for a reason, it's not about winning or losing. It's about continually making smart bets and managing risk...
Enjoy your NVDA shares, there is nothing better in market history.
search “Linus Tech Tips Nvidia” it just dropped today. He was given access to show all of Nvidia products, he is the top tech review name specifically with CPUs/GPUs for many years. What they have created is levels above what Apple has. It’s GG.
Mike, you're classic!
The common language interaction already exists with Palantir.
People are focusing too much on indian stock market and not enough on indian real estate market..India has 1/3rd the land of us or china and the population is expected to rise to 1.5 billiion by 2030..That level of population density makes indian re market a really attractive investment...i have family members who have owned agriculture land in india since late 90s and the value of the land has literally 100x in ~25 years(in dollar terms, not rupees)…i would be surprised if atleast 5 out of the top 10 most expensive housing cities are not indian, 20 years from now. If india ever has a housing bubble, it would put the japanese housing bubble to shame.
use a styling clay or wax on dry hair josh
Hopefully, If Etrade shuts him down. RoaringKitty SUES them !!!
Why do people think Jamie Dimon isn't as greedishly self-serving as everyone else when pretending to be an elder statesman or sage...and then taking a dump on his nascent competition?
go canes love the shirt
Why Kitty matter? Can't kidd beat the big guys, without everyone ganging up on him. Free market isn't it?
coca cola sells dr pepper in the u.k.
Has anyone considered that Roaring Kitty's account has been hacked?
how do they have schweppes and canada dry? call Lina at the FTC!
keep checking the chat josh! do it more the more pissed off batnick gets.
Utilities are definitely not the best performing sector YTD, Comm Services and Tech are still leading
on that "end of software", Obviously, the author has no idea what's going on for years.
1 already changed. open source alternatives often are better than legacy. vscode pretty much eliminated all code editors.
2 this is still true
3 this wouldn't work as the company grow. that's why excel is king. When you have niche tools that's better than excel in use, that just means the company is too small. When you get large enough, all those 'new' software that does the same as the good old excel will go back to excel. Just add turnover rate and multiply by years, size of team, number of teams, number of departments,... it's not sustainable to just keep training without real value add.
Another point about the software engineering/dev makes a lot of money. That's purely bs and a fallacy. You can have same talent doing same thing get paid drastically different. The issue is that there are handful of companies fight for handful of people which really jacked up the prices. Since we are benefiters of that industry, someone's willing to pay for that, no one really complained.
When I first worked on smartphone architecture, there were 3 of us, we were paid peanuts. When I got to do consulting and later worked on modern chipsets, we had thousands of people working on the same stuff that was written by 3 of us, yet our pay was significantly higher. The outcome of the software was same, but now built by thousands and significantly higher salary. Because of demand and business has changed, it has nothing to do with software itself.
CEO signing on boobs has to do with company stock price being oversold 🤣
Bet kitty bought a bunch on Nvidia over last two years to get that account to its current value
Mike I know it hurts to be 2nd fiddle but you gotta say Josh is just naturally too good. If you carry on being a child I may have to stop watching your show, bro.
Eat humble pie. Learn what you can from the master
Batnick ‼️
Gensler bacstopped RK this morning LFGGGGGG
This beautiful maniak lolllll i laugh out so loud !!!!
Re:GME
Ironical based on what happened today, Thursday 6/6
what unfortunate animals had to die for jenson's jacket?
There's a lot of good faux-leather out there these days, so I hope none.
Miami Hurricanes 🙌💪
We were in NYC last month. We're going again this fall. Love The City; MAGAs can stay away! Will be spending some of the Nvidia stock bought at $7.86/share in February 2016.
23:20 Written by someone who has never tried to use these tools to code)
"meme cycle"
I bought Nvidia so it will stop going up 😅
i have 12 y-chart tabs open
the only value it has is Dr Pepper cause Keurig is trash coffee sales its self and doesn't need this trash this trash needs coffee never gets over 37
If you are going to say ai in a voice you need to start saying China in a trump voice. This is the way.
Don't bother watching this!!
Everything goes blank halfway through!
Great job Batnick...
Chapter marker for where it comes back at 16:10.
What a hater 😂
Michael being a little b.
Yeah the problem is India religionism, regionalism, castism… over nationalism, which the opposition uses to its advantage. Hence only a narrow win. No reason why modi shouldn’t have won with a landslide. Sad
Its better this way in the long run. Avoid the risk of dictatorships. We grow slowly but, hopefully, cater to all sections of society equally
Roaring Kitty has like 2.9M in cash 😂 thats gold to Morgan Stanley, no way they kick him out. They probably pay him .5% interest on that and turn around and flip it for +5%. He aint leaving lol
Your decimal place is off. Keith is going to be a billionaire by the time this is done.
2.9MM in cash is Pennie’s to the dollar to Morgan Stanley
Gamestonk