So I am the ice cream vendor that you guys have mentioned that will be at Future Proof next week. I’ll be in front of Vanguard’s booth on Monday from 5:30-6:30pm. Been a Compound fan going on 5 years now. Compound guys come by for some free ice cream. See you in a few days.
I would love a detailed 10 minute explanation of what gaps get filled means. No sound bites or short explanations that Duncan will put on the RWM channel - I want details and examples.
Look at Starbucks the past 6M or so with OHLC candles. See how it shoots down after the earnings disappointment, leaving a gap? “Every gap gets filled” means that most drastic moves up or down will be corrected.
I wish it was publicly traded because i would buy a ton on stock. Lots of incels and lonely old men out there. I guarantee all elon musk followers have OF!
52:49 Agree with Michael on the Big Fish in the small pond shutting up about how well they're doing. Be grateful you're doing so well and quit lording it over your friends
@@snoomtreb All the insurance companies does the calculations of risk. Florida is risky state to live in with all the natural disasters that hit it. I can only assume there is a small chance of your apartment being destroyed by fire, a typhoon or get flooded.
22:29 Jeeps got ridiculously expensive!! I used to have a Jeep Grand Cherokee 15 or so years ago and it was an affordable mid range car. Now it’s priced like a luxury vehicle.
As a retired state trooper you should definitely think about safety and this stat is 100% correct. The bigger vehicle wins. Love the show and thank you for all your content!
Hey guys, that visual showing insurance costs as a % of home values is easily explained by land value. You only insured the structure and the cost to rebuild. With very high land prices in CA, it is easy to explain the low ratio in insurance cost as a % of home value.
Air Conditioning is in fact one of the most material factors influencing the rapid growth in GDP and economic productivity in the modern era for humanity. Siestas were (are) a thing for a reason, as historically there were large swathes of the day - particularly the closer you were in relation to the equator - that were unworkable. The daylight working arbitrage opportunities created once American first invented air conditioning is in part cited as a reason for its escalation in economic growth in relation to the broader world.
I remember the first time I got one of those "We've been watching you watching dirty films, so pay us some bitcoin or we send the video to all your contacts." It came to my work email. I was working in a cubicle along one of the main throughways in the office. Oh yeah, I'm for sure cranking it to dirty movies. You totally got me.
36:29 Michael, Wasn’t there a Big Lots in Carle Place on Glen Cove Rd? It was in the corner of a strip mall. Not sure if it’s even there anymore. If it’s not that store then maybe I’m thinking of Job Lots.
Utility returns move with financials often because they are rate based. Basically a regulator sets the rate of return they can bake into their customers rates based on market rates needed to secure investment. So basically the higher rates go the higher their cost of capital, which unlike most increasing costs of capital (which implies more risk) these increases are basically guaranteed, turning increased cost of capital into a good thing for equity holders.
Yes, Michael… as noted when you first brought up NVDA long term holders … we are out here riding the waves up and down over decades. From evolving products gaming chips to Blackwell, the hold for long term has always been about belief in earning growth and visionary management.
Ben is such a nice guy but he ALWAYS interrupts michael's stories with his own. I want to know what happened to Michael and his cart at the supermarket.
"In every relationship, there is a person who stacks a dishwasher like a Swedish architect, and another who stacks a dishwasher like a racoon high on crystal meth". 😀
Stopped in a Casey's General Store for microwaved sandwiches while being driven between Spencer and Souix City, Iowa, in a white Cadillac with red upholstery for a new-business pitch for the former infamous IBP in mid-1996. Obviously part of a totally bizarre day.
Great episode. Inflation spiked across the world and normalize around the same time. Regardless of what Powell did, a stable government would have achieved the feat. Bitcoin is still a risk asset. It is volatile and until there is a big adoption, it will continue to move with tech stocks.
18:20 The guy talks about letting his runners run and kicking out the losers but he doesn't explain what made him pick Netflix and Nvidia in the first place. There are thousands of stocks. How did he know those 2, in particular, would be so successful?
On the clean car stuff. I have two vehicles. One is the "clean no eating car" and the other is no holds barred" so that way I always have a clean car and a car I'm free to trash.
DirectTV killed me with the Disney thing, the 3rd dispute they’ve had in 2yrs with them. I cancelled this week and do TH-cam tv, saving money in the process. I was full boomer and pro cable, but I’m sick of their nonsense and have officially cut the cord.
@11:30 - If there's an old lady in your way, then you act like a gentleman, smile and apologize as you say "Pardon me, Ma'am, I just need to grab something off this shelf." Acting annoyed is unnecessarily rude.
44:53 I hear various streamers talk about OF, and yes it's understood to be mostly pornographic, but the company says otherwise 🤔 The top creators make millions and they have a team or AI respond to (paid) messages, it's not that creator 😂
Housing Equity = Emergency Fund! In case world goes to hell as your other risk assets work. Agree keep your low rate mortgage but after it’s paid off … you’re likely 45-55. Becomes the E fund.
Yes, Michael… as noted when you first brought up NVDA long term holders … we are out here riding the waves up and down over decades. From evolving products gaming chips to Blackwell, the hold for long term has always been about belief in earning growth and visionary management.
This episode is sponsored by Jensen Investment Management. Learn more about the Jensen Quality Growth ETF at: www.jenseninvestment.com/etf/
So I am the ice cream vendor that you guys have mentioned that will be at Future Proof next week. I’ll be in front of Vanguard’s booth on Monday from 5:30-6:30pm. Been a Compound fan going on 5 years now. Compound guys come by for some free ice cream. See you in a few days.
Yoo! Definitely will stop by!
Defensive coordinator lmao what a roast 😂
He 100% does look like he should be on the sidelines of a football game.
I'm with you Ben, Slow Horses is such a great show
I would love a detailed 10 minute explanation of what gaps get filled means. No sound bites or short explanations that Duncan will put on the RWM channel - I want details and examples.
Look at Starbucks the past 6M or so with OHLC candles. See how it shoots down after the earnings disappointment, leaving a gap?
“Every gap gets filled” means that most drastic moves up or down will be corrected.
I really love this podcast. The last one was amazing as well. I love the relatable money discussion videos.
I hear you Ben … grew up w/o a/c. Makes me appreciate the simple comforts now!
Mudroom and Porsche all in one podcast! It doesn't get better than that, guys. (BTW, I have neither of those, but I think I will survive. )
Great, Batnick is going to teach us about onlyfans...
I wish it was publicly traded because i would buy a ton on stock. Lots of incels and lonely old men out there. I guarantee all elon musk followers have OF!
18:25 credit to ben for giving credit to michael for giving credit to that person
Credit to you for giving credit to Ben for giving credit to Michael for giving credit to that person
52:49 Agree with Michael on the Big Fish in the small pond shutting up about how well they're doing. Be grateful you're doing so well and quit lording it over your friends
In the last 4 years my house insurance in florida went from 2k, to 4k, to 8k, to this year there asking for $13500. I have never made a claim!!
My sympathies, I considered moving to FL during COVID and one climate change talk I had attended made me choose a less at risk state.
That's insane our insurance here in Belgium is 200(!) A year. It's an apartment, but 13000 is insane.
@@snoomtreb All the insurance companies does the calculations of risk. Florida is risky state to live in with all the natural disasters that hit it. I can only assume there is a small chance of your apartment being destroyed by fire, a typhoon or get flooded.
@@tamwilfred Or sinkholes!
@@tamwilfred likely indeed
22:29 Jeeps got ridiculously expensive!! I used to have a Jeep Grand Cherokee 15 or so years ago and it was an affordable mid range car. Now it’s priced like a luxury vehicle.
As a retired state trooper you should definitely think about safety and this stat is 100% correct. The bigger vehicle wins. Love the show and thank you for all your content!
Hey guys, that visual showing insurance costs as a % of home values is easily explained by land value. You only insured the structure and the cost to rebuild. With very high land prices in CA, it is easy to explain the low ratio in insurance cost as a % of home value.
46:46 Batnick claiming he doesn’t know what Brazzers or Pornhub are… sure bro 😉
Ikr
Ben may have had a ministroke trying to keep a straight face. It's about the wives...
Air Conditioning is in fact one of the most material factors influencing the rapid growth in GDP and economic productivity in the modern era for humanity. Siestas were (are) a thing for a reason, as historically there were large swathes of the day - particularly the closer you were in relation to the equator - that were unworkable.
The daylight working arbitrage opportunities created once American first invented air conditioning is in part cited as a reason for its escalation in economic growth in relation to the broader world.
45:25 Ben's "Hello!" felt very Seinfeld-esk
shout out to Kyla and her deep dive on the failures of dating apps
I remember the first time I got one of those "We've been watching you watching dirty films, so pay us some bitcoin or we send the video to all your contacts."
It came to my work email. I was working in a cubicle along one of the main throughways in the office. Oh yeah, I'm for sure cranking it to dirty movies. You totally got me.
36:29 Michael, Wasn’t there a Big Lots in Carle Place on Glen Cove Rd? It was in the corner of a strip mall. Not sure if it’s even there anymore. If it’s not that store then maybe I’m thinking of Job Lots.
Utility returns move with financials often because they are rate based. Basically a regulator sets the rate of return they can bake into their customers rates based on market rates needed to secure investment. So basically the higher rates go the higher their cost of capital, which unlike most increasing costs of capital (which implies more risk) these increases are basically guaranteed, turning increased cost of capital into a good thing for equity holders.
Yes, Michael… as noted when you first brought up NVDA long term holders … we are out here riding the waves up and down over decades. From evolving products gaming chips to Blackwell, the hold for long term has always been about belief in earning growth and visionary management.
In the summer we keep our upstairs zone at 65. It costs about $35 extra per month but the family sleeps well, worth the money.
Ben is such a nice guy but he ALWAYS interrupts michael's stories with his own. I want to know what happened to Michael and his cart at the supermarket.
I can't imagine not having an AC. I can't even sleep if the indoor temp is over 70 degrees
Dating apps are rough. Men swipe right 54% of the time while women swipe right 5% of the time
"In every relationship, there is a person who stacks a dishwasher like a Swedish architect, and another who stacks a dishwasher like a racoon high on crystal meth". 😀
Stopped in a Casey's General Store for microwaved sandwiches while being driven between Spencer and Souix City, Iowa, in a white Cadillac with red upholstery for a new-business pitch for the former infamous IBP in mid-1996. Obviously part of a totally bizarre day.
19:22 divide it by the total population. makes sense to me.
Supermarket Sweep- always straight to the turkeys.
I thought Paul Graham was the Giants RB4 on the practice squad about to be elevated to getting some real game reps 😂
Michael you cant abandon the Giants when they need you most.
Please upload the origin story videos to TH-cam
ILY guys
Invest in a bedjet to keep you cool at night. It'll help reduce your ac use.
Isn't TH-cam tv and cable the same thing?
Guess I’m too young. I only remember the Beetlejuice cartoon.
Great episode. Inflation spiked across the world and normalize around the same time. Regardless of what Powell did, a stable government would have achieved the feat.
Bitcoin is still a risk asset. It is volatile and until there is a big adoption, it will continue to move with tech stocks.
18:20 The guy talks about letting his runners run and kicking out the losers but he doesn't explain what made him pick Netflix and Nvidia in the first place. There are thousands of stocks. How did he know those 2, in particular, would be so successful?
On the clean car stuff. I have two vehicles. One is the "clean no eating car" and the other is no holds barred" so that way I always have a clean car and a car I'm free to trash.
Forgive my add, where exactly do you talk about the title topic? Chapter names don't suggest that topic at all.
Great sound
The venture capital money is in the US.
13:12 why no mention of South Korea?!
Much of Casey’s success is attributable to their Taco Pizza.
DirectTV killed me with the Disney thing, the 3rd dispute they’ve had in 2yrs with them. I cancelled this week and do TH-cam tv, saving money in the process. I was full boomer and pro cable, but I’m sick of their nonsense and have officially cut the cord.
Hahaha! Batnick know everything about OnlyFans. Good one Ben.
14:52 but who's jerome powel?
is the preview new? i like it!
I'm a Cowboys fan and I feel bad for Giants fans.
Hey Batnick, the phrase is "the floor is yours."
There is also Google, Mike.
As a Detroit fan you must be used to losing. Lol. Jets fan
@11:30 - If there's an old lady in your way, then you act like a gentleman, smile and apologize as you say "Pardon me, Ma'am, I just need to grab something off this shelf."
Acting annoyed is unnecessarily rude.
@ben the utilities is ripping because of the demand from LLMs needing so much electricity
learn humility or get new friends
Great topics one after the other today … feel like I’m at the bar with you 😂 … Bitcoin = smoke and mirrors! Bigger fool theory.
Batnick and Carlson pretending they don't know anything about these porn sites. 😂
Don't change. No need to explain. We can Google
How about a Mud House guys…. Hey hey?
I'm with Ben, I can do better than pay off a mortgage.
44:53 I hear various streamers talk about OF, and yes it's understood to be mostly pornographic, but the company says otherwise 🤔
The top creators make millions and they have a team or AI respond to (paid) messages, it's not that creator 😂
No man you don't need to explain who these people are. We all have the Internet
I liked the first half of long legs and absolutely hated the second half
Housing Equity = Emergency Fund! In case world goes to hell as your other risk assets work. Agree keep your low rate mortgage but after it’s paid off … you’re likely 45-55. Becomes the E fund.
25:41 One of the things I find funny about crypto is that it was created to “stick it to the man” after the GFC. Now “the man” is all over it!
supermarket sweep
An amazing show
69 in the bedroom michael😂😂😂
🥳🥳🥳🥳🥳🥳✌️✌️✌️✌️✌️
What millionaire wears New Balance 😂
Beatnik made the same joke about watching porn(“how would the know”) on two podcast two days in a row. Weak.😂
EU behind. They are too socialist (not enough capitalism vs US markets.. despite antitrust attackers).
haha. milk is not just for 7 year olds.
trump winning is the catalyst for bitcoin
👍🏼📈🐋
Is Batnick smoking weed?
You're both likeable sport wise. Move on...
Lol.. two dudes trying to act like the don't know what Only Fans is haha
MIchael doesn't know what a Casey's is? Coastal elitist.
Ben with the napalm 3:00
Yes, Michael… as noted when you first brought up NVDA long term holders … we are out here riding the waves up and down over decades. From evolving products gaming chips to Blackwell, the hold for long term has always been about belief in earning growth and visionary management.