This episode is brought to you by our friends at Masterworks. Visit masterworks.com/compound to skip the 10,000 person waitlist. See disclaimer at mw-art.co/x.
Josh - your theory on Buffet and the airlines in 2020 is fact. He discussed it during the 2021 Berkshire annual meeting. He referred to himself as the “rich uncle” to the airlines who had to sell because otherwise, they would not get the bailout they needed.
Great show and guest guys, as usual.. I'd like to echo the comments from the review Duncan read, and add that as a young boomer (57) after having made every mistake during dot com bubble, the thoughts given here are spot on for the younger investors. To also get market perspective/ideas/thoughts on current sentiment and forward looking sentiment is very, very good especially from folks in the investment field! Thanks!
I wouldn't be surprised if Netflix adds another tier where all devices you own are ad-free and for your current tier you can select only one device to be ad free. It seems like that would be the best way to combat subscriber sharing, benefit from another price hike, and test their ads service since they already have the recommendation models to drive user interest as well as user attention being on the screen anyway
Spending per guest at Disney is an interesting indicator, although might I add that when my family went, it’s because there are no meal plans (sit down meal, counterservice, a couple snacks per day). Everything Is a la carte, which lets them charge more and force people to pay everything separate. So that data point can have two interpretations.
I own NFLX and DIS too. but I see DIS has an advantage of high-quality content. and NFLX figure things out fast. I think either one will dominate this streaming thing soon.
I know Mozz gets this, but most people don't. I feel like I'm sort of starting to understand investing. A lot of folks want to regurgitate a few Buffet quotes but don't understand the big picture. I love that we're talking Ted Williams because I have always believed it is so similar. Ted and Warren are prodigies. Everyone wants to think they can read a book and do what those guys can do but you can't. Warren's buying stocks at 10 and neither of these guys can tell you how they're doing what they're doing. Fortunately, with Warren there's a lifetime of him trying. Those that can try to tie it all together can maybe do what I'm hoping to do which is to just get some crumbs off his table.
Like your theory on Buffet airline sale Josh.Although he famously once said that essentially airlines are not investable, he went in. But this guy does not sell at the bottom.
There could be something disrupting Google/Apple/Amazon/Microsoft/Meta. But there is likely nothing disrupting all of them at once. Oh, wait, maybe Dept of Justice can?
Nah, the High Sparrow in GoT is the father of Kiera Knightley's character in Pirates of the Caribbean. I saw the movie two days ago and it was good. Simple premise, very suspenseful, no one wins in the end. Didn't watch it with the wife, obviously.
The "fixed wifi" he is talking about from tmobile is basically just the same shit your phone gets on 5g internet. I don't think its anywhere as good as fiber and i doubt it can keep up in a major city. Probably amazing for bum fuck nowhere towns that are still getting 2005 internet speeds though.
Apple products are for people who don't have to think about their expenses. If more people have to budget due to inflation, apple will feel some pressure
55:15 once you pay the add on fees for the TV channels it's more expensive then just internet. Then you realize this and try to cancel the cable and they waste your time transferring you around on the phone hoping you just give up. Comcast sucks
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
This episode is brought to you by our friends at Masterworks. Visit masterworks.com/compound to skip the 10,000 person waitlist. See disclaimer at mw-art.co/x.
Been waiting weeks for this! Hope you enjoyed your time off, Josh !
I've put my entire life on hold for months while waiting for this.
Please put Steve Weiss on Josh
Welcome back. I missed you. This show was a part of my Saturday mornings so I've missed it as a part of my mornings for a few weeks
Josh - your theory on Buffet and the airlines in 2020 is fact. He discussed it during the 2021 Berkshire annual meeting. He referred to himself as the “rich uncle” to the airlines who had to sell because otherwise, they would not get the bailout they needed.
Very humble thoughtful guest - enjoyed his commentary!
I was definitely looking forward to this, excited to have you back on cnbc and the podcast! I hope you had a great vacation!
Josh,
Your explanation and comparison between the google expensing and Meta expensing.
This is why I love you
You are a Historian and great explainer
Great show and guest guys, as usual.. I'd like to echo the comments from the review Duncan read, and add that as a young boomer (57) after having made every mistake during dot com bubble, the thoughts given here are spot on for the younger investors. To also get market perspective/ideas/thoughts on current sentiment and forward looking sentiment is very, very good especially from folks in the investment field! Thanks!
@1:04:05 (edit) or so, Josh Brown, "I hate my friends anyway" lol good man.
Good time..Thanks guys
Excellent fellas. Keep rockin.
TCAF is back baby!!! Great show Alex is a stud!
Congrats Alex! Super insightful discussion
I love the Ted Williams batting chart, I will have to get this book!
Hi Dad. ;)
I can confirm the calling and threating to leave works on internet providers too, just do it Michael
I wouldn't be surprised if Netflix adds another tier where all devices you own are ad-free and for your current tier you can select only one device to be ad free. It seems like that would be the best way to combat subscriber sharing, benefit from another price hike, and test their ads service since they already have the recommendation models to drive user interest as well as user attention being on the screen anyway
Another Great Discussion!
Finally back again 👏👏👏
Crushed it again Gents!
Great Show Guys!
The intro is dope! ✨
Just entered guys.. LOVE IT!
Great show, and can't wait to represent the merchandise.
Spending per guest at Disney is an interesting indicator, although might I add that when my family went, it’s because there are no meal plans (sit down meal, counterservice, a couple snacks per day). Everything Is a la carte, which lets them charge more and force people to pay everything separate.
So that data point can have two interpretations.
How do I win a free yearly subscription to Alex Morris' TSOH? You guys are all awesome!
Link in description to enter!
@@TheCompoundNews Thanks guys!
"Maybe you should have Ben call for you" 🙂
This was so funny!
Brawl in 99! Let’s go!!!
I own NFLX and DIS too. but I see DIS has an advantage of high-quality content. and NFLX figure things out fast. I think either one will dominate this streaming thing soon.
Buffet did admit he sold airlines for that reason I recall.
Yes he did say this, over a year ago.
WBD for the win. Thrones was amazing, regardless of the ending. If new series is good, WBD for the win. Best shows: HBO
Josh wrong about House of the Dragon. It looks absolutely amazing! Have you not seen the trailer?
Good use of strata!!
I know Mozz gets this, but most people don't. I feel like I'm sort of starting to understand investing. A lot of folks want to regurgitate a few Buffet quotes but don't understand the big picture. I love that we're talking Ted Williams because I have always believed it is so similar. Ted and Warren are prodigies. Everyone wants to think they can read a book and do what those guys can do but you can't. Warren's buying stocks at 10 and neither of these guys can tell you how they're doing what they're doing. Fortunately, with Warren there's a lifetime of him trying. Those that can try to tie it all together can maybe do what I'm hoping to do which is to just get some crumbs off his table.
Like your theory on Buffet airline sale Josh.Although he famously once said that essentially airlines are not investable, he went in. But this guy does not sell at the bottom.
it's not a theory, i remember buffett saying this in his last annual meeting. probably where this guy got it from.
@@commanderrussels2612 agreed. Buffett said this during the annual meeting. Don’t know why Josh claimed it’s his theory 🤦🏽♂️
@@AmitKKarpe Which annual meeting, do you know? Josh has actually mentioned his theory on Buffet on an episode ages ago.
There could be something disrupting Google/Apple/Amazon/Microsoft/Meta. But there is likely nothing disrupting all of them at once. Oh, wait, maybe Dept of Justice can?
53:28 JB hits us with a spot on Ben impression lol.
Apple's in the middle of typhoon season now. So they're good until November December
Nah, the High Sparrow in GoT is the father of Kiera Knightley's character in Pirates of the Caribbean.
I saw the movie two days ago and it was good. Simple premise, very suspenseful, no one wins in the end. Didn't watch it with the wife, obviously.
I think that COVID showed us that life is short and people will travel more. That will greatly benefit Airbnb in the long term
Disney per costumer revenue is up because the cost to go to disney is higher. This isn’t rocket science guys cmon.
Is Josh's fav tv show Bridge & Tunnel? Lol
Level 4s can in fact levitate
Not a recession but a growth scare.
A vibe scare
Ppl r spending more but getting less… just went to Disney less shows and rides breaking down multiple times at all parks!
The "fixed wifi" he is talking about from tmobile is basically just the same shit your phone gets on 5g internet. I don't think its anywhere as good as fiber and i doubt it can keep up in a major city. Probably amazing for bum fuck nowhere towns that are still getting 2005 internet speeds though.
Hahah that batgirl rough cut eh?
Apple products are for people who don't have to think about their expenses. If more people have to budget due to inflation, apple will feel some pressure
Disney raised prices hence the higher spend rate
Not the Apple gas 🤭
Josh - Frank Luntz is a GOP pollster so it is not surprising he is trying to paint a picture he did
I wish they had gone through Chapter 11. Would flight cancelations be worse than now?
marriot does have a competitor
55:15 once you pay the add on fees for the TV channels it's more expensive then just internet. Then you realize this and try to cancel the cable and they waste your time transferring you around on the phone hoping you just give up. Comcast sucks
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
Why spin off Instagram NO
Dude spin off Facebook!!
Apple gonna take a Big hit. mark my Words down 50 percent in 12 months 😳
X to doubt
Meta is dead. The party is no longer cool.
House of the dragon sounds awful. They are already trying to make it woke.. When are they going to learn?
No your thinking of rings of power.
@@wKFaded rings of power is trying to be woke also. So is game of thrones
@@ComixMultiplication house of dragon far from woke... what makes you think it is?
@@wKFaded They already announced they are doing a race swap on characters.
@@ComixMultiplication kinda but not really. The Valaryions yes but everyone is on board with it including GRRM.
Please add Korean subtitles Korean individual investors are the second largest investor in Tesla.
A lot of Korean watching this chanel
Why have a guest if you talk over them? Can't listen to these anymore.
Not my favorite episode. Didn't get much color or commentary from the guest. Pretty vanilla and a bit of a snoozer IMO.