Updates on our position on Twitter

Dave and Brandon have recently bought stocks, which ones did they buy?

The arbitrage play on Activision keeps getting more attractive.

Dave talks about the stocks that are likely to hold up more than others during this bear market

Consumer debt is at record levels and continues to climb higher even with interest rates rising.

As prices come down, so does risk if you have a long term mindset.

Dave and Brandon give you an update on their Twitter buys. 

Dave says buy Activision on for the arbitrage as Microsoft is poised to buy it for $95 a share. 

Brandon gives you his trading strategy. 

We talk about the Berkshire Hathaway Shareholder Meeting and we play a new game. 

Munger made news when he hammered Robinhood 

Elon buys Tesla, and with a 7% gap between the current price and what shareholders are likely to get, Brandon and Dave are buying it as well

GE disappointed investors with their q1 earnings report, but what was said in the conference call is keeping Brandon bullish for the long term turnaround of the company that Thomas Edison founded well over a century ago.

Dave talks about the cyber security tailwinds for Microsoft.

Investing is the hardest simple thing you can ever do. Yet people are cutting losses after losing years worth of profits right now. Even some of the best strategies will occasionally lose 50% from peak to trough, even though they will still beat the market over the course of time. Keep the long term in mind, think beyond the current headwinds.

Dave says Ford is better than GM right now.

This show is a roller coaster. 

I'm by myself tonight but we will be doing a full show tomorrow. 

I start with last week's Netflix debacle and then explain why a large portion of this market may be a value trap. This is very important for listeners, do not be suckered in to buying a company on last year's peak earnings! 

Dave discusses his strategy for crypto and crypto staking. 

We talk about James O'Shaughnessy's book "What Works On Wall Street". There is one value ratio that has worked better than any other over the past 70 years, and it's not Price/Earnings. 

The "Dogs Of The Dow" hunt well over time...

Jamie Dimon's earnings call was almost as bearish as the RH earnings call a couple of weeks ago.  

The 2/10 yield curve inversion has predicted a recession each time it has happened with a 1 to 2 year spread usually between the inversion and a recession for the past 50 years.

Why Brandon bought Fed Ex today despite the yield curve inversion. 

Meta's CFO gave a brief but important update on Meta's Apple privacy headwind and on Reels. 

Berkshire doubled down on HP. 

Walmart is going to raise it's average minimum pay for truckers to a breathtaking level. 

Dave gives a hint as to what he's going to talk about on our next episode. 

Tickers mentioned on this episode: $brk $aapl $wmt $nvda $fdx $fb

BONDS ARE STILL DEAD and they’ve had one of their worst quarters in 157 years.

$RH’s conference call was a roller coaster. Is it still a buy? We discuss the odd and controversial 4th quarter earnings confrence call.

Biden is releasing 1,000,000 barrels of oil from US reserves per day for the next six months. Is it enough to curb inflation?

We dive into GameStop’s stock split that virtually guarantees this thing will be a penny stock at some point.

Dave says just buy $AAPL and forget about it already.

If we enter a recession, Brandon gives you a good way to tell when the bottom will come.

$KULR has signed two new government contracts

Dave is still holding Nvidia, we put this in the same category as Apple. Stop trading it, buy it on dips and own it.

Berkshire Hathaway made their first acquisition since 2016 and it was of a company you may not have heard of UNLESS YOU’RE A REGULAR LISTENER. We called Alleghany a buy back on November 13th, was Buffett listening???? Rhetorical question, OF COURSE HE WAS.

We talk about why this is a good deal for Berkshire.

Side note: at one point in this podcast it sounds like I say “insureity insurance”, I assure you that I said “surety insurance”. I just wanted to ENSURE that you knew what I was saying.

Intel is building plants and increasing investments in Germany and in the United States. Dave is long here.

Dave says buy NVIDIA on weakness and short term market negativity.

Walmart is creating a cyber security division.

The ten year yield has been hitting 52 week highs while investors have sold off banks on Russia/Ukraine fears. Is now the time to go shopping in this sector?

Tickers mentioned in this episode, $INTC, $GS, $JPM, $NVDA, $WMT, $FB, $VOYA

Credit card expenditures are flat so far for the year, what can we take away from that?

Should the war in Ukraine and the recent market moves influence the Fed to be more dovish?

Is Meta Platforms ($FB) still a buy? Dave and Brandon discuss this.

We are 1 year into this podcast now so we go over some of our winners and some of our losers.

Carl Icahn sold Occidental Petroleum the same week that Warren Buffett bought it, who will wind up on the right side of this?

And we have Dave’s cat as an unexpected special guest!