Transcript
Podcast Host (0:00)
This is an iHeart podcast.
Dell Representative (0:02)
Guaranteed human Dell PCs with Intel inside are built for the moments you plan and the ones you don't. They're for those all night study sessions. The moment you're working from a cafe and realize every outlet's taken the times you're deep in your flow and can't be interrupted by an auto update. That's why Dell builds tech that adapts to you. Built with long lasting battery so you're not scrambling for an outlet and built in intelligence that makes updates around your schedule, not in the middle of it. Find technology built for the way you work@dell.com DellPCS built for you
Podcast Host (0:35)
Want to build the smartest workplace with an intelligent all in one Solution? The Shure IntelliMix Bar Pro is an AI powered video conferencing bar designed to deliver seamless Collaboration. Support your AI tools and workflows with the IntelliMix Bar Pro from Shure, the bar that removes barriers. Shure built for collaboration. Learn more At Ezra. We believe in starting with your financial goals, not a formula. At Oppenheimer we put the full strength of our long standing expertise to work understanding your life and your ambitions and designing the precise strategies that build and protect your wealth. With confidence across this generation and the next, put the power of Oppenheimer thinking to work for you. Wealth Management Capital Markets Investment Banking
Wasabi Representative (1:32)
Wasabi is purpose built to free your business from skyrocketing storage costs and fees from the big guys. Wasabi is the go to provider for professional and collegiate sports teams around the world. Check out Wasabi's AI enabled intelligent media storage, Wasabi Air and the industry's only cloud storage service with triple protection against cybercriminals. Wasabi driving innovation in data storage for up to 80% less than market competition. Try for free at wasabi wasabi.com Wasabi Hot Cloud Storage Proud partner of Iheart
Market Analyst 1 (2:02)
Podcast Network let's talk about the strength of the market and a few interesting things I saw on Instagram. Put in a group chat so S&P 500 relative to M2 money supply is almost exactly where it was at the.com bubble and then also the S and p. The dot com bubble overall chart laid over the current S&P 500 chart is almost exactly the same. So a lot of people are starting to say this looks a lot like the dot com bubble and a market crash is coming.
Market Analyst 2 (2:52)
With all the kindness and love in my heart from me to you, from Xander to you. If you think a crash is coming this year, you're misinformed Will it come next year? Yes. The great part about my thesis about people say why invest in two index funds if they hold the same companies. Team clipped us up, I've always said for mitigation of risk. Notice when software stocks were down 20 to 35% to 55%, the S&P was only down 3% and everyone was panicking like it was 1999 or 2001. I will say, despite the difference between 99 and now, is that companies. Okay, think about it this way. I criticize Apple while being at 4 trillion in 99. You couldn't put six companies together that was half as good as Apple's fifth competitor. The strength of the market is better because the companies are better. Look at Anthropic and despite all the stuff I've said about Sam Altman that's been revealed in the book that's come out and all the investigative journalism, that company's worth a trillion. Anthropic's worth a trillion. SpaceX worth it pre IPO, maybe two, two trillion arguably. Right. So the strength of the companies are better than we've seen. And you can't leave out Google, you can't leave out Lily, you can't leave out there's a bunch of companies if you go down the list of Dow, the S P, the NASDAQ that are just are like some of the highest grade of company that we've ever seen. So the comparison would be false. And wishing for a crash does what for you? It does nothing. Even if we, let's say we drop 50%. You know, like if I can be very honest tonight, you know who doesn't give a damn about a crash? The people who've been invested the last 10 years. A 50 drop means if you're up 2500%, 3000% like the people who got an Expedia in 09.22, they don't care about a drop. That's why length of hold, like for you guys, it's already been what, seven years? I don't think y' all selling in the next three. Why? Because you've extrapolated what, what the IP is going to be worth in 22 years. So I think everyone who wishes for a crash are only the people who've been sitting on the sidelines.
