Your Budget Sucks | Animal Spirits 397

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  • Опубликовано: 7 фев 2025

Комментарии • 118

  • @TheCompoundNews
    @TheCompoundNews  9 дней назад +3

    This episode is sponsored by Kraneshares. To learn more about the KraneShares CSI China Internet ETF, visit: kraneshares.com/KWEB

  • @Joedepas
    @Joedepas 8 дней назад +5

    Private chef in NY here- love listening to this conversation while cooking at work.

  • @ualman1138
    @ualman1138 5 дней назад +1

    I never thought I would see the day where there was a 2xleveraged ETF based on meme coins based on the First Lady

  • @bigworm3886
    @bigworm3886 8 дней назад +6

    Hybrid work is probably the greatest development that I’ve personally experienced in my lifetime. Game changer

    • @Frederick0220
      @Frederick0220 2 дня назад

      Remote work is even better but 1 day a week hybrid may be the sweet spot since you don't start taking remote days for granted

  • @welcometothefizzytoyshow7520
    @welcometothefizzytoyshow7520 8 дней назад +5

    listening to this now, after the crash and it’s crazy that you guys were talking about this.

  • @SoDakJason
    @SoDakJason 9 дней назад +11

    Ben has a 15-minute delay on the ticker, Michael is watching 1-minute candles.

  • @sharongilonmoreno8923
    @sharongilonmoreno8923 8 дней назад +11

    It's not about the eggs man, it's FOOD.

    • @fungdark8270
      @fungdark8270 7 дней назад

      Yes, we are an obese nation that spends way too much on food, that’s the point

  • @justinpeterson3314
    @justinpeterson3314 День назад

    Batnick's movie taste is always on point!

  • @Frederick0220
    @Frederick0220 2 дня назад +1

    Regarding Alpha Dog, RIP to the main actor Anton Yelchin

  • @jogrin
    @jogrin 7 дней назад +1

    27:16 absolutely wild that you guys were talking about hard landings the day of the plane-heli accident in DC.

  • @stctjc
    @stctjc 5 дней назад

    When I was in college we had our own chef who made all our meals. Of course, our house had about 70 guys living in it so the cost was minimal.

  • @sunnydh5300
    @sunnydh5300 9 дней назад +8

    Michael’s 44-48 yo HS graduation observation was weirdly on point. I might ‘hypothetically’ use it cuz it feels more polite. Maybe to me it feels like a play off a ‘never ask a woman her age” thing

  • @Bigredbulldog401
    @Bigredbulldog401 8 дней назад +1

    I wanna see a full video of these clean dishes 😂😂😂

  • @old_lem
    @old_lem 8 дней назад +1

    A man of culture... I love Margin Call.

  • @stevenlippold
    @stevenlippold 8 дней назад +2

    "have some self respect!" -Micheal to Ben
    As a midwesterner too, I get what Ben was talking about but I'm with Michael here!

  • @Corgiking521
    @Corgiking521 8 дней назад +2

    I’m maxing my 401k and Roth on 120k a year. 30k on over 400k seems kind of low

  • @davidwilson9976
    @davidwilson9976 9 дней назад +3

    Shout out to Duncan. Been in Thailand this winter, cause of the time change haven't been able to make the live chat. Miss the regular chatters.

  • @Dayvon11
    @Dayvon11 8 дней назад +1

    I went to see Gladiator 2 with 4 buddies at the theatre and my one buddy fell asleep and was snoring in the first 20mins (we’re 30 😂)

  • @Kenkoopa44
    @Kenkoopa44 8 дней назад +1

    lol, from one Ben to another... you honk the damn horn!!

  • @bubblybull
    @bubblybull 9 дней назад

    We had a private chef right after my wife had our child. She was a chinese student that would cook us 4 or 5 different meals every 3 days and before she came I was dead against it. Now, I know
    better : best money spent EVER !

  • @JimboJimbo-i4i
    @JimboJimbo-i4i 9 дней назад +1

    The conversation on private is absolutely insane by you two, you didn’t even factor the most important and best part - someone who can literally take care of all your health considerations whilst making something taste good. I’ll almost certainly never be able to afford one but if I had 50+ mill I would 100% use one.

  • @cherrycoulis6564
    @cherrycoulis6564 2 дня назад

    You guys need to spend the $30 for a portable tire inflator to keep in your car, it’s so easy to use, no more gas station compressors, and mine has saved me multiple times

  • @Miloxiaocelao
    @Miloxiaocelao 9 дней назад +7

    Anyone thinks Ben looks like Topher Grace. For those who don't know, he was Eddie Brock in the third Maguire Spider-Man.

    • @Josh-eb1bd
      @Josh-eb1bd 8 дней назад

      No one thinks that. His mid forties receding hairline and bad takes ensure he is never confused with a superhero or intelligent money manager.

    • @dentonyoder4652
      @dentonyoder4652 8 дней назад

      I see it a little, but it's not a super strong resemblance IMV

    • @matt.stevick
      @matt.stevick 8 дней назад

      i always have said justin timberlake

    • @Miloxiaocelao
      @Miloxiaocelao 8 дней назад

      @@matt.stevick Oh for sure he's bringing sexy back.

    • @Miloxiaocelao
      @Miloxiaocelao 8 дней назад

      @@Josh-eb1bd meh

  • @anothername2730
    @anothername2730 9 дней назад +1

    Story at 50:42 is awesome. Ben cracks me up. ❤️

  • @joncagan9412
    @joncagan9412 9 дней назад +6

    Eggs are an ingredient in nearly everything

  • @old_lem
    @old_lem 8 дней назад +1

    Adventures in Babysitting is solid... there was a slight remake with Jonah Hill called 'The Sitter' that came out awhile back. 😊

  • @elgavio
    @elgavio 9 дней назад +2

    We refer to the period between 2000 and 2010 as "The Noughties" in the UK, fyi - pronounced like "naughty" - they paled in comparison to the 90s , of course.

  • @danielshinerock1526
    @danielshinerock1526 8 дней назад +3

    Josh is in Shake Shack having a meal.

  • @gassman55
    @gassman55 9 дней назад +2

    Having a chef doesn’t mean the live with you. They can also remake meals for you. $1m salary works

  • @scottiebumich
    @scottiebumich 8 дней назад

    I don't think a private chef is that out of reach. We have a housekeeper that works 6 days a week from 8-12 and a housekeeper/nanny that works from 2-7 5x a week. We also have a babysitter on the nights we go on date night. We also have a gardener that works 5x a week for 4 hours a day and a pool guy that comes 2x a week. I made my income in the US, have done very well investing and have moved abroad and live a very nice life! I'm 38 with a wife, 2 year old, and another on the way.

  • @Ryan_Tinney
    @Ryan_Tinney 9 дней назад +1

    What Larry Fink talked about with Bitcoin is verbatim what the Gold proponents have been saying about gold since the 1970s.

  • @EtTuSilver
    @EtTuSilver 9 дней назад +1

    Ok, Ben... I know you're rolling in the dough but those eggs really irritate me every time I do my weekly grocery run. They really flair that irrational rage. That said. Love the show. Keep on keeping on you legends!

  • @supremesalez9635
    @supremesalez9635 7 дней назад +1

    Grand Rapids hedge is awesome lol

  • @FredSox49
    @FredSox49 8 дней назад

    A friend's son was the late Paul Allen's private chef. He may have gone on to work for Bezos.

  • @jogrin
    @jogrin 9 дней назад +1

    16:40 perhaps the 2020s are “Roaring”?

  • @crohmer
    @crohmer 8 дней назад

    not one of the worst lists, theres some solid stuff in there, really looking forward to Brutalist, bullish on brady corbet

  • @deancart5
    @deancart5 9 дней назад +4

    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

    • @Strwar1
      @Strwar1 9 дней назад

      As a beginner what do I need to do? How can I invest,on which platform? If you know any please share.

  • @kosi42
    @kosi42 8 дней назад +1

    Gladiator 2: Michael was NOT entertained.

  • @voicification
    @voicification 9 дней назад

    I gotta say - the Mag7 contributes the vast majority of the earrings growth into the SPY but the professional money class (messers Batnick and Carlson sadly included) still cries concentration! I can’t reconcile the two.

  • @MrThomsmith
    @MrThomsmith 9 дней назад +8

    Michael's tshirt is a blatant rip off of The Endless Summer movie poster.

    • @hillmadaris
      @hillmadaris 8 дней назад

      That's by design.

    • @MrThomsmith
      @MrThomsmith 8 дней назад

      As a graphic designer, I get it. And as long as you got permission from John Van Hamersveld, the artist who designed the epic poster​, then all is good. Otherwise, I wouldn't be wearing that shirt in Huntington Beach. Surfers take this shit very seriously.@hillmadaris

  • @midwestcannabis
    @midwestcannabis 8 дней назад +3

    268th like We Party On! 🫶🥳🥳✌️✌️✌️🥳🥳🥳

    • @WanderingExistence
      @WanderingExistence 8 дней назад +1

      My semiconductor man 🤙

    • @midwestcannabis
      @midwestcannabis 8 дней назад +1

      @WanderingExistence Party On 🥳🥳🥳✌️✌️✌️✌️

  • @domesticateddad-mr6pk
    @domesticateddad-mr6pk 8 дней назад

    Class of 99’ too sir!!!

  • @jeremyhill2391
    @jeremyhill2391 8 дней назад

    Crap, I was going to watch Gladiator II when my wife is on a trip next week…

  • @chrisf1600
    @chrisf1600 8 дней назад +2

    The comments about leveraged funds are uninformed and naive. If you can deal with the drawdowns, 2x QQQ or SPY makes a lot of sense. Yes, a 2x daily resetting product might not make exactly 2x the return of the underlying, but so what ? There's a wealth of research supporting the idea that these products, if used sensibly, are fine for long-term holders. But let's not forget that this podcast is for "entertainment only" so perhaps I'm being optimistic to expect anything more.

    • @WanderingExistence
      @WanderingExistence 8 дней назад

      Can you help me understand what a sensible utilization of these products is? Is it something to utilize on big drawdowns like this as opposed to the chop Nvidia has had in the past month?

    • @Frederick0220
      @Frederick0220 2 дня назад

      Totally agree. For day and swing trading, I prefer 3x, but for long-term investing, 2x seems to offer the best returns

  • @alexk729
    @alexk729 9 дней назад +1

    The All- American Rejects got hot in 2004ish 😂woooooooh

  • @nowonderfreebeats2587
    @nowonderfreebeats2587 8 дней назад

    Money is to be spent however they want to spend it is why you will never have a lot of it 😅

  • @crohmer
    @crohmer 8 дней назад +1

    gladiator 2 is so goofy, the CGI monkeys are the worst part

  • @wm32871
    @wm32871 8 дней назад

    54:28 are you not entertained !! Are you not entertained !

  • @nowonderfreebeats2587
    @nowonderfreebeats2587 8 дней назад +1

    I held tqqq 2020 crash and added to my position... Watch less movies read more books 😮😂

  • @kristentheologus-KTechnogal
    @kristentheologus-KTechnogal 8 дней назад

    Property taxes $570 😂 Come on! That isn't even close even if that was a monthly amount!!

  • @crohmer
    @crohmer 8 дней назад

    i also watch games on my laptop on mute while watching movies

  • @patrickpellegrino
    @patrickpellegrino 9 дней назад +2

    Why can’t they just make more original movies? Why did they have to make gladiator two and ruin it? Another money grab perhaps

  • @jogrin
    @jogrin 9 дней назад

    What’s a budget?

  • @fvid88
    @fvid88 9 дней назад

    37:59 no wonder why banks are doing so well

  • @codingparas
    @codingparas 9 дней назад

    Now, you also love scrubs and the fray. I hope we meet one day. I am not a finance person.

  • @TheoreticallyNo
    @TheoreticallyNo 9 дней назад

    Upper tier pro athletes have personal chefs. Makes sense given their body is literally required for work.

  • @4thand133
    @4thand133 9 дней назад +22

    Am I the only one sick of even hearing the term "AI"? It's gone from interesting, skipped right past cool, and went straight to irritating. I say pull the plug on the whole thing, stop spending billions on this nonsense. Old fashioned Google circa 2021 was fine.

    • @JimboJimbo-i4i
      @JimboJimbo-i4i 9 дней назад +3

      Up until 2021 Oct AI meant AGI to all of us.
      Now it’s everything, even outsourced Indians are classed as AI now

    • @SuperSavageSpirit
      @SuperSavageSpirit 9 дней назад

      Old fashioned Google isn't going to be enough to get america out of the amount of debt it has. That isn't an option

    • @mariov5035
      @mariov5035 8 дней назад +4

      So we quit technological advancement bc you're sick of hearing about it?

    • @jsssm
      @jsssm 8 дней назад +1

      No

    • @danielshinerock1526
      @danielshinerock1526 8 дней назад

      Business as usual! AI!

  • @leesmith9299
    @leesmith9299 8 дней назад

    coz chatgpt is delight off the tongue. i assume it's an acronym that can't even be spoken easily. deepseek is just new so it takes a while to get used to the name.

  • @crohmer
    @crohmer 8 дней назад

    All American rejects and the fray suck and I was a 90s/2000s kid

  • @Mr.Eeeeeeeee
    @Mr.Eeeeeeeee 7 дней назад

    Greetings from Greece! There is too much information out there today. So the knee jerk reaction to absolutely everything that happens tends to skew to the extreme end. AAPL is playing AI perfectly. They are not over investing on LLMs which are not revenue or earnings generating any time soon. Most people will not shell out $20 a month to look up things. Let everyone else invest in building the infrastructure and keep making great mobile devices that dominates the high end market. China story is overplayed. India is the next big market and potentially even bigger than China as they don’t flood the market with cheaper copycat smartphones.

  • @voicification
    @voicification 9 дней назад

    The Mag7 as a whole seem like they are in good shape. I think OpenAI is the biggest loser here.

  • @bobmullen4517
    @bobmullen4517 6 дней назад

    Are you not entertained?!?

  • @matt.stevick
    @matt.stevick 8 дней назад

    27:14

  • @anthonyburke223
    @anthonyburke223 9 дней назад

    You definitely kicked Europe when they are down. Haha

  • @matt.stevick
    @matt.stevick 9 дней назад +2

    📈🇺🇸

  • @pleasantjourneys
    @pleasantjourneys 9 дней назад

    Naples, FL = Billionaires
    Your 'realtime' is fantasy

  • @vguerrier90
    @vguerrier90 7 дней назад

    Ben's comments on eggs came across very out of touch

  • @joshh2924
    @joshh2924 9 дней назад +2

    Wheres josh brown?

  • @shifu9276
    @shifu9276 8 дней назад

    Dune part two sucked, but that’s okay cause part one sucked as well.

  • @clamato54
    @clamato54 9 дней назад

    Hahaha 80% decline because of an open source software project 😂

    • @RTC1655
      @RTC1655 9 дней назад +1

      Literally the most expensive academic paper ever written.

  • @stevenlippold
    @stevenlippold 8 дней назад

    Private chef democratization!!!!!! Let's bring it to the masses! Use AI, robots, and crypto!

  • @garyrogers6977
    @garyrogers6977 9 дней назад

    "Bookie" on Max was fantastic!

  • @river_keith
    @river_keith 2 дня назад

    Pickup truck driver's 😅

  • @Walker956
    @Walker956 5 дней назад

    sport nerd. not fan

  • @stankiah
    @stankiah 9 дней назад

    All deepseek did is prove that all these investments are justified. Just imagine taking this model breakthrough and applying 100 billion worth of hardware to it. AGI 2027? More like ASI 2026.

  • @MBoyer-ng6ok
    @MBoyer-ng6ok 9 дней назад

    Quick Takes:
    ) Perhaps inadvertent topical link with Klarman and the later S&P/ETF Preakness Chart. Klarman is also a leading racehorse owner (that has won the Preakness!! a couple of times). Arguably doing better on the track than the market recently however.
    ) MEG: Milk, Eggs, Gas (classic prices people latch on to & use as measures of inflation, even if smaller part of budget than shelter, insurance, vehicle, etc).
    ) Millions of meme crypto tokens are too much like multicolored tulip bulbs for me (but as long as there are buyers on the greater fool theory, it works)...
    ) 450K earning couple in Brooklyn is probably more like a 200K couple in Grand Rapids. Adjust for cost of living.
    ) Ben is midwest polite on the parking.
    ) Goonies is timeless. RIP Matuszak (Sloth Fratelli)
    ) Tire inflation ($50 to $350!) literally... also Batnick mentions new ease of tire inflation earlier in the show!
    ) Recommendation for early 90's eras coming of age movie set in midwest (pre-internet/no cell phones): Snack Shack (2024)....It follows 2 guys with a entrepreneurial and gambling bent (and a mutual love interest). It's Nebraska and one even has a Buffett poster/stock interest in one scene. It's not just Wonder Years with cigarettes but kinda, in a good way.. Very poignant with some comedic moments. On Prime (led there from NYT best movies on Prime list).

  • @goredole9797
    @goredole9797 9 дней назад

    Seems to me that the biggest winner of open-source AI (that no one is talking about), will be Intel. That's because open-source AI is run locally on PCs/laptops, and Intel dominates this space, providing the best AI-powered productivity solutions.
    If you check the best selling AI-powered laptops on Dell, HP, or Lenovo websites, 9 out of 10 are powered by Intel.