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The Only Game in Town (EP.308)

Animal Spirits Podcast

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How to Catch a Falling Knife

In companies that are effectively deflating from the bubble high, like Robinhood, like Peloton, those are knives you don't catch. A regional bank, an ETF, a diversifiedETF, falling 40% in 10 days or whatever it did is a different knife. I saw last week PayPal had another leg down and PayPal is, they're down 80% from the high and they haven't bounced at all. They had a new all time lows last week. So this is one that you would think, that's a pretty good brand, PayPal. And they've still fallen, if you try to do it with other ones,. Like Peloton is still down 96%, Robinhood

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