

Why Everyone Is Buying This Stock Right Now
Sep 15, 2025
The podcast dives into the astonishing 500% surge of Opendoor, highlighting its rise alongside giants like Google and Tesla. The discussion also navigates Carvana's tumultuous stock journey, contrasting its challenges with Opendoor's strategies. In tech, it celebrates Google's Gemini AI app as it overtakes competitors in downloads. Additionally, the show explores the implications of changing earnings report frequencies, sparked by a controversial proposal from Trump, and how it could transform transparency in the market.
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Investor Turnaround Story
- Eric Jackson loudly promoted Opendoor after previously buying Carvana at its bottom and profiting massively.
- He used public stunts and social media to catalyze retail investor interest in beaten-down stocks.
Carvana Bottom-Buying Recall
- Joseph Carlson recounts how Carvana crashed from $370 to single digits during the 2022 sell-off.
- He describes Eric Jackson buying at roughly $3.50 and later seeing the stock surge to $370.
Hype Can Reprice Distressed Businesses
- Opendoor and Carvana followed similar boom-and-bust cycles tied to macro conditions and hype.
- Retail interest and a visible turnaround narrative can revive valuations before fundamentals fully recover.