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The Compound and Friends

The ETF that beat Buffett and Cathie, YouTube’s takeover, CPI and Bank Earnings

Jan 10, 2024
01:35:04
Snipd AI
Discussion on successful ETF outperforming Buffett and Cathie Wood, YouTube's potential valuation, CPI and bank earnings. Stock selection process and holding period importance. Underrated stock: Federal Agricultural Mortgage Corporation. Moody's performance and Berkshire Hathaway inspiration. Analyzing SEC's ETF approval and market manipulation. Earnings season and inflation report. Potential of YouTube and future of media. Apple's potential new product and stock valuations. Discussion on CrowdStrike, ransomware attacks, and Coinbase in the Russell 1000.
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Podcast summary created with Snipd AI

Quick takeaways

  • BlackRock plans to dismiss around 3% of its global workforce as ETFs become the preferred investment vehicle.
  • Valuations for banks like JPMorgan indicate significant potential upside, making them attractive options for investors.

Deep dives

Positive outlook for bank earnings

Analysts expect companies in the S&P 500 to report a second straight quarter of earnings growth, with profits for the fourth quarter projected to rise 1.3% from the same period last year. This is down from the previously projected 8% profit growth. Full-year earnings for 2023 are expected to increase by 0.8% compared to 2022.

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