2min chapter

The Compound and Friends cover image

Never Buy New Lows, Never Short New Highs

The Compound and Friends

CHAPTER

What Do You Think You Learned From Wall Street?

Money has to go somewhere, lie, it doesn't evaporate, right? It'll evaporate, like an 87, it evaporated. Money is going out of bonds and into stocks. And if you look at the weekly floes from the i c i, you see that it goes in on big dips. But we've never had a thirdy year at two point four % yield with inflation at eight. So that so if you're going to ask, in what environment would we have outflows from bond funds, this would be it.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode