Breakaway - Investing & Finance

Markets. Down 17% was down 25%.  Meta job cuts. 11000 13%. Brad Gerstner letter . A summary of some of the layoffs this year… Twitter: cutting 50% of its workforce (estimated 3,700 jobs). Facebook ($META): cutting 13% of its staff (11,000 jobs), its largest round of  Crypto SBF is a FRAUD! Bernie Madoff style!  FTX lends money to Alameda!! $10b loan on $16b in assets.    FTX meltdown . FTX. Alamed...

Markets. Down 20%. Was 25%, but rallied up 5% just this week.   GDP growth 2.6% (-1.6 and -0.6 in Q1 and Q2). So no recession…currently.  Apple. +7% Amazon. -14%  Meta. -25% Amazon. AWS insanely profitable. All other biz combined is break-even. Sales of $127b and Operating Income of only $2.5b (2%). Story: AWS $5.4b. All Other: $-2.9b. Everything losing money!!  Tesla: $5b on $21b.  Meta: meltdown...

US Stock market is down 22% and the Nasdaq 100 (NDX or QQQ) is down 32% year-to-date.  Netflix After 2 quarters of negative subscriber growth Netflix adds 2.4 million subscribers in Q3 and expects 4.5m in Q4. Here are some key takeaways.  Revenue grew 6% YoY or 13% excluding FX. This is a big deal because it shows they continue to scale topline at double digit growth.  Advertising tier launching i...

Markets Down 24% YtD.  Layoffs and Freezes and Downgrades and Upgrades Lyft has frozen hiring.  Meta froze hiring.  Docusign cutting 9% of workforce.  Apple downgrade : The iPhone maker dropped 4.9% after Bank of America cut its rating to neutral from buy, warning of weaker consumer demand for its popular devices. The selloff erased roughly $120 billion from Apple’s market capitalization. Nike dow...

Markets Down 17%. Tech down 25%.  Housing . Homes in August sat on the market an average five days longer than they did a year ago. The median listing price in August dropped to $435,000 from $449,000 in July The average home sold for less than its list price for the first time in more than 17 months during the four-week period ended Aug. 28, according to Redfin Nord Stream Pipeline closed again....

The Markets Down 13% YtD.   I don’t think we’ll see new highs until 2024. Just gonna bounce around. The Fed.  Jerome Powell: “Restoring price stability will likely require maintaining a restrictive policy stance for some time,”  Student loan debt relief The president’s plan cancels $10,000 in federal student-loan debt for borrowers making under $125,000 a year or couples making less than $250,000...

Markets  Yes, We’re in a recession, but White House attempting to change the definition after …centuries…forever? Recession is 2 quarters of negative GDP.  Inflation at 8.5%.  US stocks down 24% and Tech down 31% on June 17. Now: 12% and 18%, respectively.  Politics Nancy Pelosi visits Taiwan. Prompts drills and missile tests by China . Do we really need this right now? Is that a good idea? Does i...

Economy/Markets.  US Stocks down 22%, tech down 28%, ARKK down 55%.  Inflation print. CPI at 9.1% Energy and Gas up 60%  Food up 10%.  These are the items that are killing average Americans.  What now:  War, Supply Chains, Inflation (supply driven), and Fed actions.   We need a peace deal to end the war and we need China open.  Are we in a recession? Yes.  Politics:  70-80% of americans in general...

Austin Texas bachelor party. I love that town.  Dr. Emperor of masks and vaccs Fauci has Covid; and he’s been vaccinated 4 times.  Chesa Boudin the progressive DA of the most progressive city was recalled. Are people actually getting tired of crime?  Markets:  S&P down 23% and Nasdaq 100 down 30%.  Fed just raised 0.75% this week. First time since 1994. Now we’re at 1.75%.  Inflation. Gas. War...

Mike Greene is innovating and changing the future of single-family home investment opportunities!  Mike Greene is the CEO of Resi-Shares ; a firm that is leveraging data, technology, and financial innovation to deliver systematically diversified appreciation and rental income from single family homes. Mike and I go back a long way having attended the MBA program at UC Berkeley.   Mike has worked h...

Markets:  S&P 500 down 15% and Nasdaq 100 down 23% YTD.  Housing Market:  Mortgage rates from 2.5 to 5.5%. $1m loan at 3% is $30,000 per year, Double that to get pre-tax earnings of $60,000. That means you need to be earning at least $60,000 more per year to cover mortgage interest on $1m loan.  There is a silver lining to this market. Big downturns every decade or so make for the best 2-3 tim...

We probably could use some reasonable gun laws that 80% of Americans agree on.  In fact, 80% of Americans would agree on a lot of things, but our politicians are so corrupted by the far left and right, its impossible to get anything done!  Huge rally this week. Stocks up 4% in 4 days.  Layoffs at PayPal, Netflix,  Robinhood and Bolt (one click startup payment company) Hiring Freeze/slowing at Meta...

The US is in a recession. The Fed is not helping as they are driving consumer confidence and therefore spending into the ground. Its a Fed-induced recession. Regardless, the markets needed this correction. Its healthy and if you have money this is the time to make a lot of money over the next decade.   Tech stocks and "Generals" have now been shot. Apple is down 25%. Google, Amazon, Micr...

We are in the 3rd major drawdown of the 2000's.   2000: DotCom Crash 2008: Great Recession 2020: Great Reset.  Elon is buying Twitter. The far left is pissed. But now he's got backing by big private equity and Larry Ellison. He also says he will take Twitter public again in 3 years or so.  Tesla is killing it. Growing 50% year over year at a scale never before seen in history.  Netflix c...

I think Covid is finally over, at least in US. We are so tired of it. Time to move on.  Markets are wild this quarter. Down 15%, then up 10% to be down only 6%!?   Tesla is tearing it up in Austin with their Cyber Rodeo today/tomorrow. Elon to speak tonight. So many catalysts in their business including Tesla Austin, Berlin and Shanghai expansion.   Elon joined Twitter board. This will be interest...

Ukraine.  Markets are getting smashed, but we're not in recession...Yet.   State of the Union. Covid super spreader event...nope...they told us its over! Yay. Is Biden a flip-flopper?  Overall boring, like all of them.   Covid is over; at least our politicians say so.  Tesla is KING.  

Serious and tragic situation with Ukraine and Russia. This needs to end soon.  Markets officially went into "correction" territory this week, which means they're down 10% from high. This could be a wild year!  Block and Etsy are great examples of growing high potential companies that got punished by 60-70% off their high. They both reported strong earnings on Thursday and rebounded...

Markets are crashing in general, but worse if you're in high-tech.  Just got to weather this out. If you have cash, keep buying slowly.  You'll look back in 2 years and realize it was a hell of a deal.  War in Ukraine, supply chain and stupid Fed policy/communications not helping at all. Good news is no fundamental structural issues in economy.  EV's. Government continues to attack...

The markets are absolutely crazy nuts volatile. If you miss earnings your stock is hammered.  The Generals: Apple, Microsoft, Google, Facebook, Amazon. These are the barometers of our economy and doing well. Our economy is in great position.  We just need to ensure that the Fed and Biden policies don't cause a consumer confidence led recession.  Tesla is again at odds with the Administration,...

Normally I put out Pod on Friday, but couldn't wait this time around...too much going on.  The markets are resetting and hopefully done! The Fed provided guidance today and it was good.  Microsoft (2nd biggest company in world) released earnings and it was spectacular. Need the same from Apple.   Tesla Earnings! Unbelievable and one of the most interesting earnings calls ever! Elon was on. I...

A little emotionally drained today from turmoil in markets, but wanted to get it out to tell the NFLX and markets story while fresh. Worst start to a year in decades.   Bleeding over until Monday. We may see more storm and darkness before the light.  Dear Netflix: You must prioritize sub growth.  Peloton hiring McKenzie and slowing/haulting production...yeah that's a bad sign! 

The markets are off to a dismal start of 2022, but it was worth it for 26% returns in 2021.  I talk a lot about where and why of markets in 2022.  Tech is in the dumpster, but it will bounce back.  Stocks like Robinhood down 80%. That means if you buy now and they get back to previous high you'll 5x your money.   Pfizer CEO talks to the Pod.  Narcos Mexcio

The Fed is ending the stock market party. We knew it was inevitable. But will it really end?  Elizabeth Warren takes a crack at Elon for not paying taxes. ?? He'll pay more taxes than any American in history this year. She's a hater.  EVs. Tesla has been at it for 20 years. Took them 17 to get to profitability. Will be VERY hard for the newbies.  CEOs of major airlines testify that masks...

Inflation is NOT transitory. The Fed is going to take action and we're seeing it ripple thru the markets.  Stocks with good fundamentals are not getting hurt; but megacaps that make no money are getting crushed.   Omicron. Democrats, Pfizer and the media are so happy we have new variant to talk about. I'm so over it, and I think most Americans are.   Jim Cramer jumped the shark. Thinks m...

My guest today is Travis Dillard. He is the co-founder of Cadia Capital Group, a real estate investment company and we talk  A LOT about real estate on this podcast.  Previously he was CEO of a communications company that he sold to private equity.  Travis and I talk a lot about real estate investing; he is an expert in this space. He runs a real estate investment company and brings insights into...