A Once in a Lifetime Investment Opportunity (EP.385)

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Nov 6, 2024

Join the entertaining discussion on Warren Buffett's significant cash reserves and the current stock market dynamics. They dive into the peculiarities of market performance and rising interest rates, while also chuckling over the absurdities of social media complaints. Explore Bitcoin's leading status in crypto, the shifts in homebuying trends, and KKR's new ventures in retirement funds. Plus, hear humorous anecdotes from everyday life, including memorable service industry stories and family movie nights.

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INSIGHT

Buffett's Cash Pile

Warren Buffett's large cash pile doesn't necessarily signal a market downturn.
His investment strategy differs from that of typical investors due to his age and business model.

INSIGHT

Market Performance vs. Individual Stocks

Despite a 20% market gain, 40% of Russell 3000 stocks are down this year.
Stock picking is difficult, and median returns are often lower than perceived.

INSIGHT

Expensive Stocks Outperforming

Since 2014, expensive stocks have significantly outperformed cheap stocks, contrary to historical trends.
This might be due to the effects of quantitative easing (QE), impacting valuation metrics.

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On episode 385 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Warren Buffett's massive cash pile, the performance of the average stock this year, the Polymarket whale, markets in everything, Twitter replies now and then, the cost of college is going down, Bitcoin is still king, private equity in targetdate funds, politics vs. investing, and much more!

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Find complete show notes on our blogs:

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

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Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

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