Leading AI foundation model stocks will experience wild quarterly earnings volatility
“They'll be able to raise capital and get out on a meme, but like, these are going to be stocks that like wildly hit and then wildly miss their quarters.”
Ries: Stock holding periods, company lifespans, and executive tenures have dropped dramatically
“Average holding time of stocks is like dramatically down. Lifespan of companies is dramatically down. Average tenure of executives is dramatically down.”
Winning concentrated startup stock usually continues to perform well post-liquidity
“History has shown that hanging onto your stock Generally speaking, not always. There are counter examples, of course, to everything. Generally, you know, that stock that got you to the liquidity point will probably continue to do pretty well.”
Only 1% to 2% of Americans owned stocks in 1929
“Back then only one to two percent of Americans owned stocks.”
Sanchez: No stock is as reliable as a business with weekly cash flow
“I don't think there's another stock as reliable as a business that pays you every week.”
Warner: Members of Congress should not be allowed to trade stocks
“We ought to have a rule that members of Congress shouldn't trade stocks.”
Grantham: Future markets might tax stocks to fund human price discovery
“In the end, you have to have some price work. You have to find a way of paying a few thousand good analysts to help price the equities, and I don't know how they will work it out. It's over my pay grade, but one day in the distant future, there might be a very…”
Charlamagne learned about investing and taxes in his late thirties
“Nobody taught me about, you know, taxes and, you know you know, high yield savings accounts and stocks. Like I didn't learn about any of that stuff till I got in my late thirties, you know, early forties.”
Housel Allocates 40% of Book Royalties to Taxes and Instantly Invests the Rest
“In the last five years, every book check that I've gotten at 40% to taxes, the rest of stocks, just simple, just brainless.”
Tenev: Pretty much anything will likely become tradable real-time like stocks
“I think that we will likely see a world where pretty much anything can be tradable real time, like a stock.”
Musk: He does not buy outside stocks or manage an investment portfolio
“I don't really, you know, buy stocks, you know, so it's not like I'm not like an investor in, I don't like look for things to invest in, I just try to build things and then there happens to be stock of the company that I built but I don't think about should I …”
Kahlo: Rental property yields are definitely higher than stock dividends
“There is no way that If you look at the percentages, what you're collecting on your rent, what your rental income is, and if you measure it against the money that you put out, the percentage of dividend, if you want to call it, you're getting from a rental is …”
Brokerage Ticker Tapes Ran Hours Behind During The 1929 Market Crash
“The reason they had all come down there was because when they were up at the brokerages, they couldn't even find out what was happening to their stocks. Cause everything was out of talk about time and technology. They didn't know what You know, the stops on th…”
Stebbings: Retail Stock Trading Is As Much A Gamble As Crypto
“For the majority of people, they don't know shit about stocks. They don't know shit about crypto. It's the same. It's a gamble.”
Stebbings: Buying children a single stock drives engagement and financial literacy
“If you want your children to give a shit about companies, buy them one single stock, because the minute you have any form of ownership, your interest level will go through the roof.”
Sam Lessin: Build-A-Bear has been one of the best performing stocks since 2020
“From twenty-twenty to now, it's just like, it's like the best stock ever.”
Garcia: Carvana's stock dropped 99% and bonds traded at 40 cents
“In, in, in, in, in, in, in, in, in, our stock went down nine to nine percent. Our bonds were trading at like 40 cents on the dollar.”
Adam Karr: Persuasion in Stock Pitches Undermines Objective Risk Assessment
“There's a tendency to want to convince somebody or persuade somebody to buy a stock. And so when you're persuading, and you may not as equally kind of pull out the potential risks or other factors to weigh against that.”
Sandler: In late 2019, short-term stock movements detached from fundamentals
“What we began to notice in 2019 was stocks were behaving unpredictably, even if you really knew the fundamentals. It was as if the things that we were doing in the short run Didn't matter at all.”
Mobius: Stocks should be the primary component of an investment portfolio
“But the first and foremost in your portfolio should be stocks. You can have bonds, you can have property, you can have gold, you can have many other investment objects, but the primary part of your portfolio should be stocks.”
Brown: 2024 election will likely yield divided government, boosting stocks
“It looks like actually the outcome's gonna be still up in the air, but probably lead to a divided government, which is positive for stocks, historically where no one party gets to do a lot of Weird shit in either direction.”
Kamath: I completely stopped buying public equities last two months
“I'm not even buying public equity anymore. I'm not even buying stocks. I've just stopped. Yeah. Last one, two months, I've just.”
Badshah: Aspire for stocks rather than music if seeking wealth
“Don't do it. Don't do it... Get into stocks if you want to be rich.”
Mylod: Give employees cash instead of equity if they undervalue stock
“If we can't convince somebody that a dollar worth of stock is worth a dollar, Then you actually shouldn't grant it. You should just give a dollar of cash because they'll actually value it, you know, greater.”
Timmer: Higher cost of capital from Fed rate hikes requires broad asset resets
“All investments are really valued as the present value of future cash flows, and that's true for bonds, it's true for stocks, and what the Fed was doing last year was raising the cost of capital, and that requires a reset for all assets, and that's exactly wha…”
Amy Falls: Equity long-short funds typically exhibit 0.7 correlation to equities
“Similarly, hedge funds or absolute return, I've typically divided that into two categories, equity-oriented strategies, i.e. Long short, because there we assume you're going to have a . Seven-ish correlation to stocks. But you're going to have less volatility …”
Wozniak: I do not invest in stocks or cryptocurrency
“I don't invest. I don't even invest in crypto. I don't invest in stocks.”
Sanchez: Small business acquisition returns remain high due to lacking standardization
“Over time, what happens is those arbitrage opportunities or the difficulty of doing something decreases, which means the return typically decreases too. And so this has happened in stocks. It's happened in real estate. It will happen in crypto, but I think we'…”
Palihapitiya: Nearly 500 stocks down 30% to 40% recently
“There are almost 500 stocks that are off 30 or 40% in the last 30 days.”
Palihapitiya: Equities are the only fractionalized asset proven to reliably appreciate
“The only fractionalized asset that has ever been proven to appreciate reliably are stocks. Every other fractionalized asset where you take something and then you divvy it up generally has been a trash burger. You need to either own the whole thing yourself. Or…”
Competitors who took Standard Oil stock became fabulously wealthy
“And certainly any of the, you know, competitors or suppliers or partners or the like who ended up taking standard oil stock got fabulously wealthy by doing so.”
Sanchez: Do not speculate on stocks without an unfair advantage
“If you don't have an unfair advantage, if you can't like write down why specifically you're going to win instead of somebody else, you should be really careful speculating on stocks because the big boys don't really do it.”
Jackson: 2020 stock market is biggest bubble of lifetimes, sell equities
“The biggest bubble of lifetimes don't own any stocks.”
Mizuno: Japanese public has strong resistance to investing in equities
“Japanese general public's financial literacy is not as high as I hoped, and there's a very strong sort of, like, a resistance or, like, hesitation among Japanese people to invest in stock because they think it's risky.”
Pysh holds zero stocks through the crisis due to government intervention
“And I think a lot of people in my community are rolling their eyes at me for not having stocks going through this because so much of it is dependent on government decision-making.”
Pysh: Stocks will underperform gold and Bitcoin in purchasing power
“The stock market went straight up, but relative to gold, and in my opinion, relative to Bitcoin, those stocks are going to underperform.”
Yanowitz: Stock markets are 100% going to tank again
“Stocks are going to tank again 100%.”
Renaissance Holds 4,000 to 5,000 Long and Short Equity Positions
“So today, and it's not so dissimilar from what it was back then, today it's about four or 5000 stocks that are long, four or 5000 stocks that are short.”
Mauboussin: Most stocks have only two or three linchpin value drivers
“For most stocks, there tend to be two or three sort of key issues. You might call them linchpin issues, perhaps, and the ability to find those things and dwell on them as soon as possible tends to be very helpful”
Levine: Computers have an easier time picking stocks than driving cars
“And like, to me, it's gotta be a lot easier to pick stocks than to drive a car for a computer.”
Michael Milken prefers bonds over stocks because returns ignore other buyers
“I was with Mike Milken recently, and he specifically said the reason he likes bonds as opposed to stocks from an investment standpoint is, I don't need other people to buy them. I just need them to pay me off. So I'm happy being the only person buying them. In…”
Robinson: Prolonged sideways consolidation transfers assets from weak hands to strong hands
“So the third way prices change is a protracted period of nothing going on. In other words, a stock just moving sideways for months or years. And I'm using air quotes, nothing going on, because something really strong is going on, something really powerful. And…”
Katie Haun cites study claiming one in three millennials prefers cryptocurrency
“There was a study I saw and I can't cite you the source, but it said that one out of three And this is in the United States. One out of three millennials would rather own Bitcoin or cryptocurrencies than stocks.”
Batnick: Predatory life insurance sales harm clients more than bad stock picks
“If you're selling somebody, you know, a shitty stock or mutual fund, whatever, they're giving you know, 10 grand. And sure, that sucks to lose that, but when you're selling life insurance policies to somebody, and you're asking for giant commissions premiums, …”
Digital wallets will eventually hold stocks, bonds, and real estate
“That really is the big innovation, is this idea that digital wallets will be able to hold all different kinds of assets. You'll be able to hold shares of stock and bonds and pieces of real estate, maybe the mortgage to your home, like all these different sorts…”
Selvala: Selling OTM naked puts is less risky than owning stock
“Anybody who buys a stock, it's the same as being long a call and short a put, you know, at current level. And so if you decouple those things you can be a naked put seller and that's less risky than owning, owning the stock because the puts are out of the mone…”
Spitz: Private Equity Will Deliver a 300-400 BPS Premium, Not 15% Returns
“And we're not going to see if we have five percent return on stocks, we're not going to have 15% returns on private equity. But historically you've gotten a three or 400 basis point premium, and maybe we'll get that kind of premium again, and that's real money…”
Altman: YC's top-performing startups consistently grant heavy employee equity
“But we've seen a lot of data at YC now, and the most successful companies, and the ones where the investors do the best, end up giving a lot of stock out to employees year after year after year.”