The Compound and Friends cover image

The Game Has Changed

The Compound and Friends

00:00

The Junk Stocks Rally After Thanksgiving

Right after Thanksgiving, you could buy the worst shit. The tax plus selling comes back and you get this, you get this. I was doing this trade in 2005. We were buying focus media and other assorted Chinese advertising stocks. This has always worked. It is exactly like sitting at the blackjack table and saying, you know what, I have an 18? What do you get to do with an 18? You're not going to win every time, but you're going to win 75% of the time. That's exactly it. So every hand, the same way, every time and do it every year.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app