Equity Mates Investing Podcast
Business
Everyone makes mistakes. We just make a lot of them.
So with Alec recovering from COVID, the lads chat over zoom about a lot of fallen super stars.
Starting with a few confessions from both Bryce and Alec ... it reminds us of that infamous investing meme, "what do you call a stock that fell 90%? "
Also, there has been a lot of chat around Meta, so the lads continue the discussion and offer up their own views on the situation and opportunity for Mark Zuckerberg.
FTX and Binance are two of the biggest crypto brokers and have both been embroiled in finance drama this week. Bryce and Alec update on the situation and how it's playing out and what they are doing with their own crypto holdings.
Carvana was trading at $377 at it's peak. A Morgan Stanley analyst placed a +59% increase to it's trading about a year ago. Carvana is currently trading @ $9, and Morgan Stanley now suggest it can go to $1. The lesson: Be cautious listening to headlines and broker recomendations.
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Have you just started investing? Listen to Get Started Investing – Equity Mates series that breaks down all the fundamentals you need to feel confident to start your journey.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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Equity Mates Investing Podcast is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Equity Mates is part of the Acast Creator Network.
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