Sometimes protecting your capital seems more important than making money, basically because if you lose your capital, making money is much more harder. Missing the train vs loosing your money. There're a lot of trains, however if you lose your money its gone.
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement
DCA long term stay true to the game keep adding ZEROS to your net worth! Will there be a correction? Absolutely and pounce like a cheetah in the Serengeti!!!
It's important to maintain a nice balanced portfolio, including cash on the side, so we're forever ready to trickle in when a downturn occurs. Having had my portfolio steered by a CFA I can say its pointless going about such a comprehensive market solely, being guided avoids you unseen mistakes and has gotten my startup of 200k to 7 figures in nineteen months with downside risk... You'd be wise to choose experience and professionalism over financial videos online if you're looking to really get on the positive side of the market.
Who's your coach, I'd really appreciate if you don't mind. I’m trying to get an advisor for guidance but it’s been a hassle. Anyone who is fee-based is hard to find and usually have a heavy workload.
I’m no Tom Lee. Not even close. But I have a particular worry about the markets going forward. Baby boomers hold more than half of the total US net worth. They hold a substantial portion of stocks and stock mutual funds. The next downturn, are they not going to freak the F out when their nest eggs and income streams are threatened?! I feel like this is a scenario we’ve never faced before. And I’m concerned we’re not ready. From a concerned Gen Xer. Scott, I’d love for you to have someone on the show who specializes in demographics. Especially someone who owns understands them in relation to the financial markets.
Kid (Little Prof G with hair) received coal from Santa because he was naughty. Kid was mad about getting coal and attempted to poison Santa. Unfortunately Dad ate the poisoned cookies intended for Santa and he died. Kid thought his dad's death was Santa's doing and still blames Santa. Kid knew he was naughty & deserved the coal. He likely knows he shouldn't have tried to poison Santa. While he meant his dad no harm, he never the less caused his death. Being a naughty little dick, years later he still doesn't take responsibility for his bad behaviour. It seems that although Santa knows who's naughty & nice, and is totally aware of the entire situation, he isn't a snitch. Santa didn't go to the Police.
Scott, sorry for your sad first holiday cheer, those pains are the reason you became such a good dad, cheers to your happiness. Any day can be holiday if you decided to celebrate your day! Let’s hope for a better 2025 for all of us. I am a big fan of your podcast. Beside the business talks in your podcast, most of your discussions hits home as I am a USC MBA, worked mostly in healthcare and exploring the world of finance since 2017 when I went back to school for MBA. Besides that, I have lived in Southern California for past 15 years, planning to retire in UK, and have a 21 years old son, so a lot in common! Keep doing great podcasts and talk truth and real life! Great set up with your talented young podcast partner. Happy Holidays 🎉
I invest in few of these but my portfolio is still down by approximately 23% and there's no hope in sight. Buying is not even an option. Any recommendations on how to scale up my returns before selling off to draw even will be highly appreciated as I am losing my mind given that my retirement draws nearer.
The market is serious and can be risky; it's important to do your research or consult an advisor to minimize mistakes. I made my first million this way after years of learning. Good luck!
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
Judith B. Richards a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
Thanks Tom for Truman Commission story, which found massive waste by contractors. GOP trashes govt workers but 3/4 of govt budget is spent thru contractors. That's where you'll find most waste and inefficiency - if DOGE was really about waste (which it is not).
Great podcast. Always enjoy hearing Tom Lee and Ed is really evolving as a podcaster with great questions. Also like how Scott brings it back to asking recs for young adults. Re: Doge, I also have concerns. Musk and Rama.. should not be the voice. There is too much distrust, they lack integrity and they are out of touch billionaires. Find someone normal if they want to succeed without tearing the country apart.
Another major reason I gravitate to the YT interface over the standard podcast app. All diversified prof g channels are uploaded to one page vs 3 pages I would voyage between to stay up to date.
Very informative video you have, I have been able to understand the messages you pass but there are some other challenges that may come about when taking some other risks
Great show and great guest! Would you consider doing something like how to find a trustworthy investment advisor who will handle financial planning including investment, will, and estate planning?
every time I hear Tom's voice, I think I'm hearing Bowen Yang. Does anyone else get that feeling too? I think he should do his first SNL debut... would be freakin awesome to see any skit with them together
I like Tom Lee alot and listen intently to many things he says and believe him. But he's wrong about DOGE. DOGE isn't going to actually accomplish anything. There's absolutely 0 chance they can find 2 trillion dollars to trim from the government. It won't even be close. Cutting military spending is one of the least popular ideas in the country. Everyone wants the government to spend less, nobody wants them to do that with military cuts. It won't happen. I'd be suprisised if they can find a few billion in actual cuts. The uncomfortable and unpopular truth is that to overcome the deficit issue will probably require tax increases
Excellent breakdown of market! You’ve really got a talent for breaking things down and making them so easy to understand. 🌟 Step Finance has been gaining traction-would love to see a full analysis of what they’re building! 🚀
Great episode, but I really don’t like his take on shaming these companies. Nothing could be better than to shame these companies into charging the right amount and being ethical. If healthcare wasn’t so unethical that Guy would still be alive.
On healthcare, we have allowed the insurance companies to control the terms of service. Anyone who is on a medicare advantage plan has one from a large insurance company (Aetna, UnitedHealth, Anthem, etc.) But they have to follow the terms of service and pricing reimbursement set by Medicare. Consequently, Medicare coverage does not have these denials of service, etc. We need Medicare for all or at the very least we need the retail health insurance companies to adhere to the Medicare terms of service and pricing.
EV/EBITDA divided by (yield + growth) the PEGY ratio for S&P. 10 year median 1.29. 16-year median 1.32. Today, 1.26. The PEGY ratio explains 90.5% of market returns over the last 16 years. And it says that adjusted for cash debt profitability yield and growth The S&P 500 is actually 2.5% undervalued and has fundamentally justified upside potential of 19% over the next year.
The equities market might keep the trump tariffs in check? Except Elon said America would have to endure 2 or 3 years of pain from the doge austerity programs thus killing the economy and the market.
tom's take is similar to scott's take few months ago on pivot, scott thought AI would learn the worst side of humanity since it would scrape most of negativity on social sites since we fight all the time lol
45:00 the problem with analyzing DOGE is that it is a completely fake and non-existent 'department' with absolutely no power. Perhaps it becomes an official agency, but currently it has 0 power.
Regarding spoofing capabilities of AI Agents, the only long term solutions is the blockchain. Existing cybersecurity solutions are only playing cat and mouse game with adversaries, thus providing only short term fixes
Why would anyone pay 200$ for outdated information that you can get FOR FREE is beyond my comprehension. The knowledge cutoff date the models are trained on is April 2023🤦
I think Tom Lee may have overlooked something. Trump wants to devalue the dollar and he benefits from BTC going up in value. He is trying to devalue the dollar by purchasing BTC using Government funds. It's honestly one of the first things Trump has done which impressed me. It's legitimately an intelligent way to achieve a few of his goals simultaneously. I assume he stumbled on to the idea accidentally, but it's still a smart move on his behalf
Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
Love the opening jokes, but notice that if Scott got a lump of coal in his stocking, Santa is GONE, and so leaving poisoned cookies isn't an option, unless he did it the following year. CMON! Just kidding, it's all good and happy holidays!!!
Mass deportations and tariffs are NOT priced into the market, yet. They will be soon, but I think the impact will be underestimated. Broadly implemented tariffs and cutting the low wage labor supply drastically will have greater impacts than most think, it may work out in the long run, but there will be extensive and acute short term pain.
tariffs yes, but they will be busy with deporting criminals and probably don't want to deport the vast majority of immigrants because they know they help the economy.
The recommendations he would make to a young couple are too generic and useless. “Think on the long term.” “Invest in equities, gold, bitcoin, real estate.” Like most other Institutional money managers Tom Lee recommendations are near useless for individuals.
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
Sometimes protecting your capital seems more important than making money, basically because if you lose your capital, making money is much more harder. Missing the train vs loosing your money. There're a lot of trains, however if you lose your money its gone.
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement
DCA long term stay true to the game keep adding ZEROS to your net worth! Will there be a correction? Absolutely and pounce like a cheetah in the Serengeti!!!
It's important to maintain a nice balanced portfolio, including cash on the side, so we're forever ready to trickle in when a downturn occurs. Having had my portfolio steered by a CFA I can say its pointless going about such a comprehensive market solely, being guided avoids you unseen mistakes and has gotten my startup of 200k to 7 figures in nineteen months with downside risk... You'd be wise to choose experience and professionalism over financial videos online if you're looking to really get on the positive side of the market.
Who's your coach, I'd really appreciate if you don't mind. I’m trying to get an advisor for guidance but it’s been a hassle. Anyone who is fee-based is hard to find and usually have a heavy workload.
Oh very well then, conducting due diligence on *Lina Dineikiene* should suffice. The lady's been around for a while and her system is quite top notch
These finance related episodes are what I love most
I'm here for the Vodka discussion
Same. Only ones I watch. lol
Yeah I like meth
I mean,I like when they talk about meth because then I can smoke it here at home and pretend that I'm a baller like them an' shit.
Thank you for Bringing Tom Lee. The wallstreet laughed at him when he said 4750
He's trustworthy
@@derekjohnson77 lol
Wow! Awesome to see Tom Lee on the show!
Skip to 24:20 to hear Tom Lee.
Tom just has a calming aura about him. Love his insights and overall philosophy on investing.
Great episode!
Grade:
Opening Joke: 9.5
Opening Talk:9.0
Guest: 10
Questions: 9.0
🥇🥇🥇🥇
Great joke. Finally, he does one that doesn't include sexual innuendo
I’m no Tom Lee. Not even close. But I have a particular worry about the markets going forward. Baby boomers hold more than half of the total US net worth. They hold a substantial portion of stocks and stock mutual funds. The next downturn, are they not going to freak the F out when their nest eggs and income streams are threatened?! I feel like this is a scenario we’ve never faced before. And I’m concerned we’re not ready. From a concerned Gen Xer.
Scott, I’d love for you to have someone on the show who specializes in demographics. Especially someone who owns understands them in relation to the financial markets.
Tom Lee's service is worth checking out, for sure.
new here, the algorithm knows me well. new fan, this scott galloway guy is incredibly intelligent and articulate.
Excellent guest. I hope you have him more frequently. Very precise wording when explaining his opinions.
Your podcast is the only one I watch regularly and want to share with others. Kudos. Hope for continued success for your venture.
Tom Lee = Market GOAT
The fact he said we could have a down second half of 2025 is scary. Cause he was the only one bullish analyst at start of 2024
@@Kaodusanyawhat’s scary about a correction in the market
all i know if TomLee makes more $$ giving advice than managing his own money. lol.
Scott, I'm 4 years old. Can you explain the opening joke?
But Professor Scott Galloway is also 4 years old.
Dad ate the poison cookies because he is Santa
It’s not a joke it’s a tragedy 😂
Kid (Little Prof G with hair) received coal from Santa because he was naughty. Kid was mad about getting coal and attempted to poison Santa. Unfortunately Dad ate the poisoned cookies intended for Santa and he died. Kid thought his dad's death was Santa's doing and still blames Santa.
Kid knew he was naughty & deserved the coal. He likely knows he shouldn't have tried to poison Santa. While he meant his dad no harm, he never the less caused his death. Being a naughty little dick, years later he still doesn't take responsibility for his bad behaviour. It seems that although Santa knows who's naughty & nice, and is totally aware of the entire situation, he isn't a snitch. Santa didn't go to the Police.
Ask Diddy
I heart Tom Lee
Excellent session. Tom's comments were most insightful.
Listening to this podcast makes me smarter! Practical, futuristic and even historic information!
Great episode today guys - thanks as always!
Loved Tom's breakdown of history as tied to the Markets.
JG
MSF | Military Veteran
Protect that Tom Lee hair at all costs.
Scott, sorry for your sad first holiday cheer, those pains are the reason you became such a good dad, cheers to your happiness.
Any day can be holiday if you decided to celebrate your day!
Let’s hope for a better 2025 for all of us.
I am a big fan of your podcast.
Beside the business talks in your podcast, most of your discussions hits home as I am a USC MBA, worked mostly in healthcare and exploring the world of finance since 2017 when I went back to school for MBA.
Besides that, I have lived in Southern California for past 15 years, planning to retire in UK, and have a 21 years old son, so a lot in common!
Keep doing great podcasts and talk truth and real life!
Great set up with your talented young podcast partner.
Happy Holidays 🎉
this episode was so good i actually relistened to much of it. thanks!!
I like Tom Lee’s approach to markets
I invest in few of these but my portfolio is still down by approximately 23% and there's no hope in sight. Buying is not even an option. Any recommendations on how to scale up my returns before selling off to draw even will be highly appreciated as I am losing my mind given that my retirement draws nearer.
The market is serious and can be risky; it's important to do your research or consult an advisor to minimize mistakes. I made my first million this way after years of learning. Good luck!
I totally agree with you. I started out investing on my own too and lost quite a bit. After the 2020 crash, I managed to pull out about $160k. I then invested that money with an analyst, and in just seven months, I made almost $580,000. It's amazing how having the right guidance can turn things around!
@@RosemarieTarun That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Judith B. Richards a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
maybe fearing being stupid is stupid. way to go, Ed.
Pro tip to skip unskippable ads: click on a different video, wait for it to allow you to skip, then press rewind for previous (this) video.
Sounds like that takes longer than watching the unskippable ad
This is a great interview!!!
Thank you for all these valuable questions.
This was quality content. I listen to market commentary about 6-9 hours a day... You've earned yourself a new subscriber 👍
I don’t even spend that much time at my job
Love Tom Lee
DOGE would never suggest raising taxes on the wealthy.
No more tiktok in the U.S! Cool,maybe i can convince my 14 year old to read a book now. Wish me luck😂
Thanks Tom for Truman Commission story, which found massive waste by contractors. GOP trashes govt workers but 3/4 of govt budget is spent thru contractors. That's where you'll find most waste and inefficiency - if DOGE was really about waste (which it is not).
TOM LEE BROUGHT ME HERE... 🥰🥰🥰
I love Scott's mood in this session.
Great podcast. Always enjoy hearing Tom Lee and Ed is really evolving as a podcaster with great questions. Also like how Scott brings it back to asking recs for young adults. Re: Doge, I also have concerns. Musk and Rama.. should not be the voice. There is too much distrust, they lack integrity and they are out of touch billionaires. Find someone normal if they want to succeed without tearing the country apart.
in tom lee we trust 📈🇺🇸
This guy's takes are so unique and interesting
Another major reason I gravitate to the YT interface over the standard podcast app. All diversified prof g channels are uploaded to one page vs 3 pages I would voyage between to stay up to date.
Always enlightening to hear Tom Lee share his views...and a very good marketing for Fiji Water as well 😄😄😄
Prof G makes stuff up a lot. but for tom lee I can watch this.
Very informative video you have, I have been able to understand the messages you pass but there are some other challenges that may come about when taking some other risks
In Tom we trust
I became a Lee fan when i realized most of his calls are spot on.
Every bull has been spot on lol. Literally not much has stayed down for more than 1-2 years
@@sirus312 very true but im referring to specific calls about specific events.
This was great. Some of the best investment wisdom out there served up for free!
Great discussion, please bring him back on in the new year!
Great show..always enjoy listening to Tom
TOM IS A BEAST
Great show and great guest! Would you consider doing something like how to find a trustworthy investment advisor who will handle financial planning including investment, will, and estate planning?
every time I hear Tom's voice, I think I'm hearing Bowen Yang. Does anyone else get that feeling too? I think he should do his first SNL debut... would be freakin awesome to see any skit with them together
I must fast forward to Tom lee part
The vodka discussion is excellent description of Veblen economics
Palantir Tech to massively benefit!
Why pay for CGPT when I have Gemini?
Grok > Chatgpt, what will happen to chatgpt when XAI out trains them in a year :)?
Tom Lee rocks!!
Scott speaks like a sorkin character
Someone needs to send the Prof to Whosville
I like Tom Lee alot and listen intently to many things he says and believe him. But he's wrong about DOGE. DOGE isn't going to actually accomplish anything. There's absolutely 0 chance they can find 2 trillion dollars to trim from the government. It won't even be close. Cutting military spending is one of the least popular ideas in the country. Everyone wants the government to spend less, nobody wants them to do that with military cuts. It won't happen. I'd be suprisised if they can find a few billion in actual cuts. The uncomfortable and unpopular truth is that to overcome the deficit issue will probably require tax increases
Spot on
I forgot what i was listening to for a few minutes and was convinced i was listening to a podcast with Lyn Alden 😆
Tom Lee @24:00
Excellent breakdown of market! You’ve really got a talent for breaking things down and making them so easy to understand. 🌟 Step Finance has been gaining traction-would love to see a full analysis of what they’re building! 🚀
Great pod. I hope you got a good review Ed :-)
What about DeFi? When will DAPPS start having an effect on Financial Institutions not keeping up with blockchain technology?
Love that comment - almost always money wins(re: TikTok)
Cannot watch Galloway’s dentures, will listen to pod instead for Tom Lee
Tom lee ❤❤❤❤
Finance bros talking about AI is one of the most grating parts of this podcast.
Only watched for Tom
Any channel that has Tom Lee on is worth hitting Subscribe
Great episode, but I really don’t like his take on shaming these companies. Nothing could be better than to shame these companies into charging the right amount and being ethical. If healthcare wasn’t so unethical that Guy would still be alive.
Some day, the heart will come to this grinch..❤....We love him.. Im ginna pray for Christmas Spirit to come to him this year.
Maybe you have already but Cem Karsan would be a great guest.
Forgiveness will set you free
48:32 PLTR 👀👀👀
On healthcare, we have allowed the insurance companies to control the terms of service. Anyone who is on a medicare advantage plan has one from a large insurance company (Aetna, UnitedHealth, Anthem, etc.) But they have to follow the terms of service and pricing reimbursement set by Medicare. Consequently, Medicare coverage does not have these denials of service, etc. We need Medicare for all or at the very least we need the retail health insurance companies to adhere to the Medicare terms of service and pricing.
What, are you saying that ChatGPT and Open AI are a Giffen Good?
EV/EBITDA divided by (yield + growth) the PEGY ratio for S&P. 10 year median 1.29. 16-year median 1.32. Today, 1.26. The PEGY ratio explains 90.5% of market returns over the last 16 years. And it says that adjusted for cash debt profitability yield and growth The S&P 500 is actually 2.5% undervalued and has fundamentally justified upside potential of 19% over the next year.
I would have liked to see a question about how someone who is about to retire should allocate their investments in 2025.
Anytime Tom Lee is in long form interview, I am watching
Tom Lee is one of best strategists on the planet! Thanks for having him on.
The equities market might keep the trump tariffs in check? Except Elon said America would have to endure 2 or 3 years of pain from the doge austerity programs thus killing the economy and the market.
Winners win… no matter what.
Tom Lee predicted the S&P 500 to be 5,200 by year end. We are at 6,000 right now (16% greater).
tom's take is similar to scott's take few months ago on pivot, scott thought AI would learn the worst side of humanity since it would scrape most of negativity on social sites since we fight all the time lol
Christmas came early !!!!!
45:00 the problem with analyzing DOGE is that it is a completely fake and non-existent 'department' with absolutely no power. Perhaps it becomes an official agency, but currently it has 0 power.
Is this the same talk as future of everything 2025?
You guys cracked me up today...🤣
Regarding spoofing capabilities of AI Agents, the only long term solutions is the blockchain. Existing cybersecurity solutions are only playing cat and mouse game with adversaries, thus providing only short term fixes
Why would anyone pay 200$ for outdated information that you can get FOR FREE is beyond my comprehension.
The knowledge cutoff date the models are trained on is April 2023🤦
Wheres tha part Tom said btc in danger? Didnt hear it anywhere
Day 70: Please bring on Gary Stevenson (Garys Economics)! Thanks!
I think Tom Lee may have overlooked something. Trump wants to devalue the dollar and he benefits from BTC going up in value. He is trying to devalue the dollar by purchasing BTC using Government funds. It's honestly one of the first things Trump has done which impressed me. It's legitimately an intelligent way to achieve a few of his goals simultaneously. I assume he stumbled on to the idea accidentally, but it's still a smart move on his behalf
Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
Prediction: Truth social buys US Tiktok for $1.00.
Love the opening jokes, but notice that if Scott got a lump of coal in his stocking, Santa is GONE, and so leaving poisoned cookies isn't an option, unless he did it the following year. CMON! Just kidding, it's all good and happy holidays!!!
I love that Tom uses that phrase “animal spirits” and everyone just lets him
Not choosing a stronger position against UHC is huge blemish on your brand. You always been brave to speak out against bad actors.
Mass deportations and tariffs are NOT priced into the market, yet. They will be soon, but I think the impact will be underestimated. Broadly implemented tariffs and cutting the low wage labor supply drastically will have greater impacts than most think, it may work out in the long run, but there will be extensive and acute short term pain.
tariffs yes, but they will be busy with deporting criminals and probably don't want to deport the vast majority of immigrants because they know they help the economy.
Wall Street could start discounting that scenario of the tariffs, considering trump threats
The recommendations he would make to a young couple are too generic and useless. “Think on the long term.” “Invest in equities, gold, bitcoin, real estate.”
Like most other Institutional money managers Tom Lee recommendations are near useless for individuals.