I am one of those that pestered him for a Dave pod ! ... the ones with Dave from 2020 2021 w/ covid is what got me into listening to podcasts on the reg! ..
Collum is always very entertaining. Especially because he has such a wide expanse of views.... high level of academia (the rare right wing ivy league prof), knows finance, views on politics, geopolotics, culture, extremely well read.
I especially like his views on markets since he is not a financial advisor, financial newsletter writer, or fund manager...who are all basically just fee collecting salespeople ( of which most of the guests on financial podcasts are). He has a good every day retail investor view on the markets. Long term perspective.
100% agree with you, it's a good time to suspend podcasts. I still subscribe to Palisades, Thoughful Money, Quoth the Raven, Rebel Capitalist, Macro Voices, and Schiff. However, sad to say, I only listen to 1 of every 4 or 5 podcasts anymore because I feel that I'm stuck in a bit of an echo chamber regarding content. I am a subscriber to Fleckenstein's site and never skip his Q&A or daily digest. As a guest, Mike Green offers unique insight, and he recently sounded a bit of an alarm on the passive bid. I'm also finding some podcast guests to be annoyingly doing many victory laps with their thesis, especially the "technicians" who find their religion in moving averages, MACD oscillators, proprietary "quadrants", and other measures that tell us nothing about the underlying decay in the economy, equity valuations, and society in general. Most people love Gold, people either hate or are absolutely mad for cypto, Covid and our government are pretty much a complete scam, and, much to my chagrin, the Gold miners are still stuck in neutral relative to their earnings power and remain undervalued because "Western" investors are too busy slobbering over stocks and crypto and buying every dip. Rinse/repeat, rinse/repeat. Time to enjoy life and tune most of this shit out until something changes. I'm finding podcasts about Buddhism and life content in general to be more interesting, a la recent Joe Rogan podcasts I listened to with Magnus Carlsen and Brett Weinstein. However, I'm skipping most of Joe's content too, not enough time for it.
I haven't listened to this one yet, looking forward to doing so because I expect some fresh content!
Dave has been wrong for a long time now and will continue to be wrong for a few years. Please read "The Death of Money". Equities have so much room to grow here, and will until the inflation starts to destroy the predictability of earnings. THERE IS NO WHERE ELSE FOR THE MONEY TO GO. BTC is the smartest play but that is still WAY too exotic for normies.
Just got to story about the MSFT analyst, well Chris he was right and you are wrong. Just goes to show you and Dave have ideas on the market that arent true anymore. The stock market doesn't care about P/E ratios they care about what the future is....not past or current performance.
Yes he was "right" but if you were really listening the POINT was to say that when things are moving lower there is no level at which people will stop telling you to buy. Sometimes they are "right" when it bottoms after 10% lower -- but in our context we are saying it to warn that -10% can become -50% quickly. That is all. I realize I'm "wrong" going against the biblical adage that stocks always go up. That was the point of the podcast, saying "I'm out of things to say". Anyways thanks for the comment and for being a sub. +3 months to your sub.
Thanks guys. Realized after watching rm 237 I realized I have been believing in the Easter bunny my whole life.
I feel the same way you do sir. I've realized the Fed...the Janet yellens...the Reed Blahhstings...zero talent money managers just filling buy orders. The slush just keeps going in a circle. the list goes on and fucking on. There's your passive bid.
And to your guys point...you can not even read or listen to today's analysts or think tanks. Beyond the inability to mask their Marxism to the absolute lack of knowledge. Bloomberg TV seems to be trying to fill every role w a DEI special needs reporter. I was on the floor with your Cathy Woods crack....but the sad fact is yahoo finance and other web pubs cite that bag of shit constantly in the never ending quest for retail liquidity and bag holders.
I am one of those that pestered him for a Dave pod ! ... the ones with Dave from 2020 2021 w/ covid is what got me into listening to podcasts on the reg! ..
I still listen to that one every 3-4 months. My favorite podcast episode ever
Dude wtf, no more podcasts. I just signed up.
They will be here on Substack. I just mean no more audio only podcasts with me solo.
What an incredible surprise!! My two favorite listens back together for old time’s sake. Can’t wait to dive in. Cheers Chris and Dave!
Love the podcast but substack media player sucks donkeydicks. Hard to rewind etc
The app is a little better...
Collum is always very entertaining. Especially because he has such a wide expanse of views.... high level of academia (the rare right wing ivy league prof), knows finance, views on politics, geopolotics, culture, extremely well read.
I especially like his views on markets since he is not a financial advisor, financial newsletter writer, or fund manager...who are all basically just fee collecting salespeople ( of which most of the guests on financial podcasts are). He has a good every day retail investor view on the markets. Long term perspective.
I miss these podcast!
Two of my favorites. Thanks Chris.
Great podcast Chris, Collum is a intresting guest, thanks for doing this one.
Great podcast, its good that you had Dave back, you guys seem to hit a whole range of topics.
The GOATS
Loved it!
The Epstein Files are never being released to the public.
100% agree with you, it's a good time to suspend podcasts. I still subscribe to Palisades, Thoughful Money, Quoth the Raven, Rebel Capitalist, Macro Voices, and Schiff. However, sad to say, I only listen to 1 of every 4 or 5 podcasts anymore because I feel that I'm stuck in a bit of an echo chamber regarding content. I am a subscriber to Fleckenstein's site and never skip his Q&A or daily digest. As a guest, Mike Green offers unique insight, and he recently sounded a bit of an alarm on the passive bid. I'm also finding some podcast guests to be annoyingly doing many victory laps with their thesis, especially the "technicians" who find their religion in moving averages, MACD oscillators, proprietary "quadrants", and other measures that tell us nothing about the underlying decay in the economy, equity valuations, and society in general. Most people love Gold, people either hate or are absolutely mad for cypto, Covid and our government are pretty much a complete scam, and, much to my chagrin, the Gold miners are still stuck in neutral relative to their earnings power and remain undervalued because "Western" investors are too busy slobbering over stocks and crypto and buying every dip. Rinse/repeat, rinse/repeat. Time to enjoy life and tune most of this shit out until something changes. I'm finding podcasts about Buddhism and life content in general to be more interesting, a la recent Joe Rogan podcasts I listened to with Magnus Carlsen and Brett Weinstein. However, I'm skipping most of Joe's content too, not enough time for it.
I haven't listened to this one yet, looking forward to doing so because I expect some fresh content!
Dave has been wrong for a long time now and will continue to be wrong for a few years. Please read "The Death of Money". Equities have so much room to grow here, and will until the inflation starts to destroy the predictability of earnings. THERE IS NO WHERE ELSE FOR THE MONEY TO GO. BTC is the smartest play but that is still WAY too exotic for normies.
Just got to story about the MSFT analyst, well Chris he was right and you are wrong. Just goes to show you and Dave have ideas on the market that arent true anymore. The stock market doesn't care about P/E ratios they care about what the future is....not past or current performance.
Yes he was "right" but if you were really listening the POINT was to say that when things are moving lower there is no level at which people will stop telling you to buy. Sometimes they are "right" when it bottoms after 10% lower -- but in our context we are saying it to warn that -10% can become -50% quickly. That is all. I realize I'm "wrong" going against the biblical adage that stocks always go up. That was the point of the podcast, saying "I'm out of things to say". Anyways thanks for the comment and for being a sub. +3 months to your sub.
Where will I get my therapy?
From a 30 pack due to inflation and currency debasement.
Started watching the docs last night!
Thanks guys. Realized after watching rm 237 I realized I have been believing in the Easter bunny my whole life.
I feel the same way you do sir. I've realized the Fed...the Janet yellens...the Reed Blahhstings...zero talent money managers just filling buy orders. The slush just keeps going in a circle. the list goes on and fucking on. There's your passive bid.
And to your guys point...you can not even read or listen to today's analysts or think tanks. Beyond the inability to mask their Marxism to the absolute lack of knowledge. Bloomberg TV seems to be trying to fill every role w a DEI special needs reporter. I was on the floor with your Cathy Woods crack....but the sad fact is yahoo finance and other web pubs cite that bag of shit constantly in the never ending quest for retail liquidity and bag holders.
What a mess.