The Ledger, every show

“All you have to do is look at a chart of CVS, which is in a 60% drawdown from a tie, or look at Walgreens Boots Alliance, which is in a 90% drawdown. These companies are going away.”

“My point is the expectations on the part of our employers are just going to go up as we become more tech enabled. So we're doing more, not necessarily being paid more. And many of us are going to reach the point where the quote unquote co-pilot actually should…”

“Yes, companies are going to become fabulously profitable as they institute all this amazing technology that's coming down the pike, and it's already happening, and of course, we're gonna get rid of a lot of busy work that people should not be doing anymore if …”

“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.”

“They just told us they sold out of Blackwell chips for 12 months.”

“CVS spent, like, huge amounts of money to buy Aetna, and to buy Caremark. So, buy an insurance company, buy a pharmacy pharmacy benefits manager, and basically, take, take a vertical approach to what was obviously going to be a consolidating industry. Those de…”

“The guy that developed the touchless technology for Amazon's retail was just pushed out of the company, and they are closing A lot of those Amazon go stores because there just didn't seem to be anything magical that made people want to go to them.”

“The Fed has done its first interest rate cut, and they started off with a double cut, and they'll probably do another one in a couple weeks”

“You think Amazon's a tech stock? It's not. It's consumer discretionary. It's not in the tech index.”

“Jim Cramer's last book, the first, this is a change in religion for him. The first thing he says is the first money you accumulate in the market should be in an index fund.”

“There are now 10 different companies in, and then on top of which these are startups, but then on top of which you're getting offerings from zoom and Salesforce and big existing enterprise software companies, but there are 10 different companies specifically b…”

“They have a machine in there that makes between 508 hundred salads an hour.”

“By the way four one K is 11 trillion dollars, ok? People are adding to that 11 trillion dollars every two weeks when they get paid.”

“Warren Buffett is involved in the yen carry trade. He sold bonds, denominated in yen, and used that to fund the purchase of Japanese equities.”

“This is the first time in a long time, and only the third time in history, that international stocks have been outperformed by the S&P by a hundred percent. Over the trailing 1010 year period.”