Mega-Cap Dominance
Hi, The Investor’s Podcast Network Community!
This is the last time we’ll be in your inbox for a few days as we take some time with our families for the holidays.
💭 But we’ll see you again on December 27th, and in the meantime, there’s plenty of great stuff packed into today’s newsletter for you to enjoy.
One more thing: The whole point of this newsletter is to inform, educate, and entertain you each day, so please help us get to know you better. The best gift you could give us this year is a minute of your time to fill out this survey.
If you do, you’ll have a chance to win one of the three $50 Amazon gift cards we’re giving away.
— Matthew and Shawn
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QUOTE OF THE DAY
“The way you spend Christmas is far more important than how much.”
— Henry David Thoreau
COOL CHARTS
The seven largest mega-cap U.S. tech stocks have larger market capitalizations than these countries’ entire equity markets
Takeaway: Panic selling during Covid was very costly
TUNE IN
🎧 Clay Finck provides all the takeaways from the Elon Musk biography
🎥 Your next car might not have a steering wheel
🎥 The shadow fleet fueling Russia’s war
🎧 Jeff Bezos on Amazon and Blue Origin in rare, long interview
INVEST LIKE THE LEGENDS
(Watch The Trailer👇🏻)
Check out our brand new course on getting smarter about stock investing — either for yourself or as a gift!
No hot tips, cliches or get-rich-quick schemes; just sound, fundamental lessons:
— We Study Markets (@WSM_TIP)
Dec 15, 2023
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🎙️ We’ve interviewed investing legends like Ray Dalio, Howard Marks, Joel Greenblatt, Jeremy Grantham, and many more, and now, we’re passing along the most important things we’ve learned to you.
In our new course, we’ll take you through ten different sections, covering what a stock actually is and how stock markets work, strategies to optimize your retirement savings, picking great companies, what to look for in ETFs, and how to monitor your investments + so much more!
We Study Markets readers can use the coupon code WSM15 to take 15% off at checkout 💰
WHAT WE’RE READING
📖 Books: What I Learned Losing a Million Dollars, by Jim Paul
📰 Long-form articles: Top takeaways from Howard Marks’ Oaktree Capital quarterly letters
🗞️ Advice: Ways to build mental toughness and resilience
TRIVIA
Which ETF has taken in the most (net) new money in 2023?
TWEET OF THE WEEK
Don’t view your setbacks in life as failures but as opportunities to learn and grow.
Pure wisdom coming from @PrestonPysh & @sebbunney
— Clay Finck (@Clay_Finck)
Dec 15, 2023
RECOMMENDED READING: CARBON FINANCE
Enjoy these investing infographics?
Our friend Carbon Finance sends out a weekly newsletter with simple, data-driven visuals that cover the most important headlines in investing.
The best part is it’s completely free and only takes 5 minutes to read.
FINAL THOUGHTS
🔢 One Big Number: 34%. That’s the number of companies in a recent survey reported by the Wall Street Journal that won’t be giving year-end bonuses — up from 27% in 2022.
🧹 Housekeeping note: If you’re looking to give a little this holiday season, we wanted to highlight the incredible work being done by the folks at the World Central Kitchen, which is currently feeding people everywhere from Gaza to Ukraine to Tennessee.
A small donation of just a few bucks can help “WCK” provide fresh, nutritious meals to those in need.
You can donate or get involved here.
See you next time!
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All the best,
P.S. The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more!
Join our subreddit r/TheInvestorsPodcast today!
