Trends with Friends

In this episode, Raoul Pal joins the friends to discuss crypto and the macro landspace. They cover:

• The transparency of crypto markets and the ability to analyze blockchain data

• The potential impact of crypto wealth on real estate and other assets

• The concept of the 'banana zone'

• The performance of different sectors in March, with energy outperforming tech

• The bond market and its impact on the overall market dynamics

• Meme coins and the changing nature of financial information dissemination

• The importance of building a network of trusted sources and staying informed about new tools and technologies

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Thanks to our sponsor, FinChat, the complete stock research platform for fundamental investors. TWF listeners get 15% off at checkout with the code "TWF." Learn more today.

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Skip Ahead:

00:00 Welcome

03:05 The Rapid Adoption of Crypto Relative To The Internet

05:50 People Are Slow Thinkers

08:53 This Is The Fastest Accumulation Of Wealth In History

10:51 Understanding The Bullish Thesis

15:00 The Impact of Crypto Wealth on Real Estate and Other Assets

18:20 The Transparency of Crypto Markets

20:14 How AI Will Change The Industry

22:30 Bitcoin Charts

23:37 The ‘Banana Zone’

27:10 Mixed Sentiments: Bullishness and Caution in the Markets

33:00 Making Sense of The Changing Financial Landscape

37:20 Memes Rule The World

41:13 We Are Tokenizing Culture

43:36 Loss Aversion and Investing Advice

46:10 Thoughts on Solana

49:04 Why JC Is All In On Commodities

52:33 Building a Network of Trusted Sources

55:31 Keep It Simple

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Referenced:

• The All-In Podcast - https://www.allinpodcast.co/

• Robinhood - https://robinhood.com/us/en/

• Read Write Own by Chris Dixon - https://readwriteown.com/

• Fidelity's Executive Says Bitcoin's Risk Reward Is In A Different Universe - https://hive.blog/hive-167922/@geekgirl/fidelity-s-executive-says-bitcoin-s-risk-reward-is-in-a-different-universe

• Coinbase - https://www.coinbase.com/

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Big Thank You To Our Guest:

• Raoul Pal - https://twitter.com/RaoulGMI

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Where To Find Howard and Friends:

• Howard - https://stocktwits.com/howardlindzon

• JC - https://stocktwits.com/allstarcharts

• Phil - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

In This Episode, The Friends Cover:

• Analysis of Apple's price and time

• Reddit's IPO

• DJT stock

• Semiconductor stocks, such as Micron and Nvidia, and their cyclical nature

• Energy and commodity sectors

• Netflix and content companies

• Micron as an AI play

• Advice for picking stocks

• Home builders and nursing homes

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This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/

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Skip Ahead:

00:00 Welcome and About Our Guest Ram

03:59 DJT and Reddit’s IPO

11:20 The Dot-Com Era

13:43 Priceline

15:30 Analysis of Apple's Price and Time

20:00 Bear Markets Hiding Under The Surface

26:55 Netflix and Content Companies

31:50 Apple’s Transition From Growth To Value

33:40 Micron ($MU) as an AI Play

37:42 Semiconductor Stocks and Their Cyclical Nature

40:45 Energy and Commodities

46:50 Cocoa Futures and Soybean Futures

48:25 Value Stocks

52:07 Trends With NO Friends (previously Price and Popularity)

59:47 Advice For Picking Stocks

01:02:15 Home Builders and Nursing Homes

01:05:47 Thanks For Listening

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Referenced:

• Trump’s Wealth Surges as DJT Stock Rises Again - https://www.barrons.com/articles/djt-...

• The Reddits by Paul Graham - https://www.ycombinator.com/blog/the-...

• Apple makes transition from growth stock to a value one, unsettling some -https://www.afr.com/technology/apple-...

• Trends With No Friends https://nofriends.beehiiv.com/

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Big Thank You To Our Guest:

• Ram Ahluwalia - https://twitter.com/ramahluwalia

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Where To Find Howard and Friends:

• Howard - https://stocktwits.com/howardlindzon

• JC - https://stocktwits.com/allstarcharts

• Phil - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

In This Episode, The Friends Cover:

• Google and Apple’s potential AI partnership

• How Meme coins have become a cultural phenomenon in the crypto market

• A technical  analysis of Bitcoin

• The transparency of crypto markets

• The compression of time and the availability of new tools and platforms

• The impact of inflation on the bond market

• The lack of upside in the equities market 

• Trade ideas for Reliance Industries and Solana

• TikTok and its impact 

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This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/

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Skip Ahead:

00:00 Introduction and Swag Talk

02:50 Mike Tyson’s Comeback Fight

04:26 Google Gemini May Partner With Apple  

08:36 Howard Lost A Tooth

09:34 The Acceleration of AI

13:05 The Longevity of Nvidia

18:10 The Multi-Trillion Dollar Crypto Market and the Movement of Money

21:14 Solana and The Meme Coin Phenomenon

25:18 Crypto Markets

27:28 Dogwifhat and The Benefit of Public Blockchains 

30:30 The Compression of Time 

33:10 Changing The Rules

35:17 Risk and Risk Management

37:28 Inflation and the Bond Market

39:20 Interest Rates and Commodity Prices

41:12  Exposure to CRB

42:15 Best Performing Sectors

43:37 No Evidence That Interest Rates Are Going Down

45:17 Lack of Upside in Equities Market

46:20 Trade Idea: Reliance Industries

47:34 Trade Idea: Selling Solana

51:25 CoStar Group and The Real Estate Market

55:00 Price And Popularity

1:00:18 Post-AI Data

1:01:20 TikTok and its Impact

1:05:11 The Three Asset Classes (Maybe Four) 

1:07:20 It’s Spring Get The Fuck Outside

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Referenced: 

• Mike Tyson Fight - https://www.fastcompany.com/91058313/netflix-mike-tyson-vs-jake-paul-fight-love-is-blind-sports

• Tyler Denk - https://twitter.com/denk

• Ram Ahluwalia - https://twitter.com/ramahluwalia

• Solana - https://coinmarketcap.com/currencies/solana/

• SafeDeal (SFD) - https://coinmarketcap.com/currencies/safe-deal/

• DogWifHat Coin - https://coinmarketcap.com/currencies/dogwifhat/

• Nicky Montana - https://twitter.com/nickymontanaa

• Comedy Cellar - https://www.comedycellar.com/

• Costar - https://www.costar.com/

• Eddy Elfenbein - https://twitter.com/EddyElfenbein

• Steve Mnuchin’s at it again - https://fortune.com/2024/03/16/why-does-steve-mnuchin-want-to-buy-tiktok-banking/

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Where To Find Howard and Friends:

• Howard - https://stocktwits.com/howardlindzon

• JC - https://stocktwits.com/allstarcharts

• Phil - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

In appreciation of your support, we're excited to give one lucky subscriber the chance to own a new 14" MacBook Pro. Your involvement in our community is invaluable, and we can't express enough gratitude for your role in our success. Details and how to enter here: https://shorturl.at/uvwE8

In appreciation of your support, we're excited to give one lucky subscriber the chance to own a new 14" MacBook Pro. Your involvement in our community is invaluable, and we can't express enough gratitude for your role in our success. Details and how to enter here: ⁠https://shorturl.at/uvwE8⁠

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Today we discuss the excitement of Bitcoin reaching new heights and explore the factors propelling its growth. We cover:

• Bitcoin reaching an all-time high and the potential factors driving its growth

• The demand side of Bitcoin, including the involvement of institutional investors and the impact of ETFs

• Bitcoin as an on-ramp to the degenerate economy

• The potential risks and opportunities in the crypto market

• The bond market, inflation, and oil prices

• The future of currencies

• The relationship between Bitcoin and gold

• The importance of silver outperforming gold

• Concerns in the market

• The malevolent seven stocks

• Michael Saylor's All-In Strategy

• The importance of optimism, mindfulness, health, and the value of family and community

This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/

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In This Episode, We Cover:

(00:00) Welcome 

(01:37) We’re Giving Away a Free MacBook

(02:03) Bitcoin at ATH

(04:17) The Resilience of Bitcoin and the Potential Upside

(07:00) The Demand Side

(08:04) The Degenerate Economy and the Future of Crypto

(12:33) The Bond Market, Inflation, and Oil Prices

(15:19) Speculation and FOMO

(20:07) The Long-Term Chart of Bitcoin and the Demand-Supply Dynamics

(24:48) The Role of Gold and the Future of Currencies

(28:25) Cheat Code: Silver Outperforming Gold

(31:27) The Malevolent Seven

(33:00) Market Breadth

(33:58) The Magnificent Seven ETF

(34:46) The Art and Math of Investing

(38:14) Michael Saylor's All-In Strategy

(42:40) Staying Optimistic

(48:50) Finding Trends and Riding Them

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Referenced:

• Matt Hougan - https://twitter.com/matt_hougan 

• Solana - https://solana.com/

• Dogecoin - https://twitter.com/dogecoin

• Shibtoken - https://twitter.com/Shibtoken

• CumRocket - https://twitter.com/CumRocketCrypto

• AVC Article - https://avc.com/2011/11/bitcoin/

• Michael Saylor - https://www.michael.com/

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Where To Find Howard and Friends:

• Howard - https://stocktwits.com/howardlindzon

• JC - https://stocktwits.com/allstarcharts

• Phil - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

Today we are joined by Mo Al Adham, Founder and CEO of Frec. Frec is a platform that makes direct indexing accessible to individual investors, with low minimums and fees. In our conversation, we dive deep on direct investing and tax loss harvesting. We cover:

• What exactly is direct indexing

• The benefits of direct indexing and tax loss harvesting• The limitations of direct indexing, such as high fees

• The power of AI in investing and its potential applications in various industries

• Market analysis, with a focus on technology stocks and rotation

• The concept of home country bias and the potential for investing in foreign markets

• The rise of crypto

• The importance of self-care and rest in maintaining a lean and motivated mindset

Today, we have the pleasure of welcoming Chris Camillo, the co-host of Dumb Money, renowned for exploring unconventional investment strategies. Chris, also known as 'The Social Arbitrator,' employs a distinctive approach by analyzing social trends and consumer behavior to uncover promising investment opportunities. Fully committed to humanoid robotics, Chris joins Howard, Phil, and JC to discuss the following:

• The potential of humanoid robots and their impact on various industries and the economy

• Why Chris calls himself The Social Arbitrator, and how it helps him invest

• How to distinguish signal vs noise, using Mattel Inc and the Barbie Movie as an example

• How Tesla is positioned to be a key player in the humanoid market

• Skepticism surrounding humanoids and the future possibilities of integrating them into everyday life

• The potential positive impact on broad market ETFs due to increased operating efficiency

• Embracing less in the age of overabundance

• Market trends and analysis

• Investment opportunities in blockchain technology

• The potential for market volatility, and the importance of focusing on individual strategies

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In This Episode, We Cover:

(00:00) Welcome and about our guest Chris Camillo

(03:17) Humanoids: The highest conviction idea Chris is working on at the moment

(04:50) Why Chris calls himself The Social Arbitrator, and how it helps him invest

(07:14) Distinguishing signal vs. noise: Mattel Inc and the Barbie Movie

(09:46) Chris’s fruitful cloud computing investments

(11:47) The time horizon of humanoid investments 

(16:15) Elon’s humanoid predictions may actually come true 

(19:30) Robots as a service (RAAS) is here to stay

(22:40) Breaking down the financials 

(27:58) The commercialization of humanoids

(35:07) The implications for broad market ETFs 

(38:43) The age of abundance 

(41:05) Market trends and analysis with JC

(47:08) Chris’s high-conviction trades

(49:00) The importance of individual focus

(50:45) The bond market and market corrections

(53:47) Howard’s take: AI is overvalued

(57:55) Investment ideas: Render (RNDR), McDonald’s Corp (MCD), and Ozempic/Novo Nordisk (NVO)

(01:01:19) Embracing less in the age of overabundance 

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Referenced:

• Dumb Money: https://dumbmoney.tv/

• Mattel Inc: https://www.google.com/finance/quote/MAT:NASDAQ?sa=X&ved=2ahUKEwiOi-Tkp7qEAxU5j4kEHY_gCskQ3ecFegQIbBAX

• Barbie Movie: https://www.imdb.com/title/tt1517268/

• AWS: https://aws.amazon.com/

• Chris’s 15-part tweet thread: https://x.com/ChrisCamillo/status/1749865679614795996?s=20

• NVIDIA: https://www.nvidia.com/en-us/

• Render (RNDR): https://coinmarketcap.com/currencies/render/

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Big thank you to our guest:

Chris Camillo: https://twitter.com/ChrisCamillo

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Where To Find Howard and Friends:

• Howard - https://stocktwits.com/howardlindzon

• JC - https://stocktwits.com/allstarcharts

• Phil - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

Today, we’re joined by Jim O'Shaughnessy, investor, VC, and Wall Street legend.

Howard, Phil, JC, and Jim discuss the following:

Also, we realize Jim's audio isn't the greatest, so we put together a transcript of the episode here https://rb.gy/8gw35t

If you aren’t already, be sure to subscribe to Trends with Friends here https://www.howardlindzon.com/

In This Episode, We Cover:

(04:12) Jim O'Shaughnessy's background and interest in AI

(05:49) AI in the stock market

(07:48) Market snapshot and trends with JC

(11:49) Jim’s market intuition

(14:19) The future of AI

(19:16) Nividia and IBM

(22:03) Why JC says to count

(23:20) Charts walkthrough with JC: German DAX, Polish Zloty, and more

(27:43) Divergence across the market

(29:50) The degenerate economy: DraftKings, the Super Bowl, and emerging tech

(32:14) The importance of controlling your interactions with technology

(35:52) The role of AI in the speculative economy

(38:19) Speculation as entertainment

(43:38) Advice for navigating new technology

(49:35) The role of parents and grandparents

(52:58) Counting, Biden tweets, and political speeches

(57:04) The Economist cover on China

(59:37) Anecdotes and negative sentiment

(01:01:28) Next week: the media trend

Referenced:

Unix vs Linux: The history of how Unix started and influenced Linux: https://www.redhat.com/sysadmin/unix-linux-history

David Deutsch: https://twitter.com/DavidDeutschOxf

Rupert Sheldrake: https://www.sheldrake.org/

Michael Parekh: https://www.michaelparekh.me/

Andy Kessler: https://twitter.com/andykessler

Sam Altman: https://blog.samaltman.com/

Ben Hunt: https://www.epsilontheory.com/w-ben-hunt/

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Big Thank You To Our Guest:

Jim O'Shaughnessy: https://twitter.com/jposhaughnessy

O'Shaughnessy Ventures: https://twitter.com/osventuresllc

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Where To Find Howard and Friends:

Howard - https://stocktwits.com/howardlindzon

JC - https://stocktwits.com/allstarcharts

Phil - https://stocktwits.com/ppearlman

Riley - https://stocktwits.com/coloradoriley

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All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decisions.

In today’s episode, Howard, JC, Phil, Michael, Braden, and Riley discuss the following:

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In This Episode, We Cover:

(00:00) Introduction and Grass Leagues

(04:40) Apple Vision Pro: more than just a toy

(08:40) How Apple is uniquely positioned in the market

(17:07) Enterprise impacts and timeline

(22:13) FinChat: what they’re building, and why

(27:40) NYT vs. OpenAI and the future of the internet

(31:09) JC's bearish view on the market and market sentiment

(34:50) The vulnerability of the market and potential rotation

(37:53) The psychology of investing

(40:06) SPG, Toyota ($TY) vs. Tesla ($TSLA), and Web 2.0 Leaders

(43:37) DJ Industrial and S&P 500 through election cycles

(47:25) Long China, short US trade

(51:14) The power of FinChat

(53:37) Diabetes and Ozempic

(56:12) Ozempic revenue charts on FinChat

(01:00:06) Prompt engineering

(01:03:31) Google’s Gemini and consolidation of AI efforts

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Referenced:

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Big Thank You To Our Guests:

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Where To Find Howard and Friends:

Howard - https://stocktwits.com/howardlindzon

JC - https://stocktwits.com/allstarcharts

Phil - https://stocktwits.com/ppearlman

Riley - https://stocktwits.com/coloradoriley

In today’s episode, Howard, JC, Phil, and Riley discuss the following:

Share your thoughts on the show by leaving a review.

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In this episode, the friends cover:

(00:00) Welcome to Trends with Friends

(03:08) Howard’s friend loses a finger to an alligator and how he’s planning revenge

(10:09) Vanguard market fund closes at an all-time high and it’s just not tech hitting ATHs

(13:45) Small-cap industrials also reaching all-time highs

(14:30) Our job is to form suspicion and invest accordingly and why sector rotation is important to pay attention

(17:47) MPC - JC’s stock pick

(19:20) The wild dreams JC is having

(20:34) Sector rotation and stock breakouts

(24:40) Analysis of the Russell 2000 and what makes up the index

(30:22) SMCI reaching ATH, the importance of having a journal, and Stocktwits analysis

(33:35) MMYT

(36:00) Why Phil loves social media

(38:48) Closing of Chinese ETFs (MCHI)

(42:33) Health talk: decreasing unforced errors

(46:57) JC meets Joe Weisenthal and talks gangster steak

(49:21) Luxury travel and dining

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Referenced:

FinChat.io — https://finchat.io/

Howard’s Blog — https://www.howardlindzon.com/

JC’s Blog — https://allstarcharts.com/blog/

Pearl’s Prime Cuts — https://primecuts.substack.com/

Riley’s Blog — https://popularprice.beehiiv.com/

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Where To Find Howard and Friends:

Howard Lindzon — https://twitter.com/howardlindzon

JC Parets — https://twitter.com/allstarcharts

Phil Pearlman — https://twitter.com/ppearlman

Riley Rosebee — https://twitter.com/be_rosebee