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Financial expert Ron Gross and investment specialist Emily Flippen discuss the latest inflation numbers, activist investor activity at Twilio and Match Group, and potential plans to take Docusign private. Documentary filmmaker Chris Temple talks about his new movie and how parasocial relationships impact financial decisions and the growing financial nihilism among young Americans. Ron and Emily also break down two stocks on their radar: Despegar and On Holdings.
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Quick takeaways
- Activist pressure led to the CEO of Twilio stepping down, while Elliot Management's stake in Match Group suggests potential changes.
- The documentary explores the causes of growing financial nihilism among younger Americans, including rising wealth inequality and the influence of social media.
Deep dives
The rise and fall of Dogecoin millionaire
The documentary explores the story of Pro the Doge, a man who invested heavily in Dogecoin and became a millionaire. It examines the factors that drove his decision and the consequences of his actions. The film also delves into the growing trend of get-rich-quick schemes and the impact of social media on people's financial behavior.
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