Breakaway - Investing & Finance
Breakaway from the haters and mainstream thought. Learn about Investing, Finance and the Economy in a plain english and entertaining way. Understand the business environment and make money investing. Uncertainty in the markets driven by crisis, anarchy, politics and craziness is simply opportunity. Facts and truth here.
Breakaway - Investing & Finance
Markets, Govt, Coinbase, Robots, NFLX, Tesla, Apple, Google
Opening
Golf
PGA Championship at Quail Hollow.
- 156 players. Top 70 make cut.
Qualification Criteria
California Budget
- $12 billion budget deficit. Newsom is proposing to close the deficit by rolling back state-funded insurance coverage for adults without legal immigration status, cutting coverage for weight loss drugs like Ozempic
- California: 13.3%
- Hawaii: 11.0%
- New York: 10.9%
- New Jersey: 10.75%
- Oregon: 9.9%
Investing
- $1000 to every kid.
Home Alarm: $45/ month
Markets
Tariffs
Tariff Game Theory: China has to blink because everyday that passes every company is studying and implementing supply chain changes.
So much panic in last month or so.
- Now Flat year to date
- If investing on April 7. You are up 17% and 29%
- Downturns is when you make money!!!
Netflix
- All time high: $1182. Up 29% YTD.
- $500 billion market cap.
- Netflix said on Wednesday 94 million subscribers use its advertising-supported tier.
Buffet
- Becoming old. 94 years old. Legend.
- I’m still pissed he didn’t buy Tesla.
Coinbase
- Ransom
- Turning it around. Will pay $20m reward to help find attackers!!!
Tesla
- Stilll planning to go live with Robo-taxi in Austin in June. Shares could explode.
- $345 today. $480 ATH.
- If you bought Tesla 10 years ago. You’re up 20x. 35-36% annualized returns.
- Robots dancing shown to Crown Prince and President Trump in Saudi.
- Talk in Saudi:
- Robots and wanting your own C3P0 or R2-D2 and productivity unlock. Universal “High Income”.
- How are we doing on Robotaxis. Robots on wheels. Bringing robotaxi to the Kingdom.
Apple
- ATH $258. Now at $211. Was $172
- WHat is a buy-back?
More of Eddy Cue testimony here.
Alphabet/ Google
- Search is dead.
- Cloud, Youtube, Google Biz suite alive and well.
DOGE
These kids are so hard core. No weekends. They know they’re racing against a media and political clock that won’t thank them for their service.
Requiring receipts: "They were basically partying on taxpayer money."
Recommendations:
- Friends and Neighbors
- Theo Von with David Spade. Listening to Ben Affleck.