The outrage over SpaceX being forced into index funds is real, but the impact on your portfolio is not.
My latest on why the SpaceX index fund panic is overblown: https://t.co/7ZAjuQSVqE
On this day in 1942, U.S. warships ambush a Japanese task force at Midway. Japan loses four carriers and nearly 250 warplanes in the ensuing battle. It's a turning point in the Pacific War.
To the moon!: Top 50 public space companies globally are worth $402 billion or up nearly 3.5x YoY
In term of YTD performance, the average change in market capitalization for a space stock is +138% (median is +75%) vs. NASDAQ +15%; the best performer is up ~2,300% vs. worse down ~60%
(DEUTSCHE BANK)
The Fat Pitch For Bears🐻
On EP. 465 of Animal Spirits, @michaelbatnick and @awealthofcs break down:
• What could actually stop this market
• Why Nvidia might be TOO big
• Michael Burry’s endless crash calls
• AI portfolio mania
• “AI is the new Netflix”
• The robots replacing everyone
• Rich people still being miserable
Plus: Harrison Ford, Martin Short, and market timing lessons people never learn🤔
The Nasdaq 100 is +650% the last 10 years.
That beats the Roaring 20s and Japan's bubble of the 1980s, and it's nearing dot-com level returns.
The difference now is that earnings back up the price action.
@awealthofcs explains.
PREMIERING AT 2PM ET!🚨🎙️
@awealthofcs, @duncanhillphoto, and @RitholtzWealth CFO @billsweet discuss:
- If this market makes sense
- S&P 500 returns
- Value added tax
- Foreign tax credits
- how to save for college and more!
⏯️https://t.co/aRWDGY3SnK
It's publication day for my new book!
Risk & Reward is now available
Tons of my favorite charts, stories and anecdotes
I read the audio version of the book myself
I had a lot of fun writing this
I think it's the best thing I've ever written
The System is Broken, You Should Get Rich Anyway💰
@Downtown Josh Brown sits down with Haley Sacks (@mrsdowjones) to talk financial anxiety, “zero jargon” finance, investing culture, and the lessons behind her new book, Future Rich Person: The New Rules for Building Wealth.
Plus: the biggest money misconceptions Millennials & Gen Z still believe and the first financial moves people should be making right now💸💸💸