Nick, hope you do not retire until I retire!! Then we can retire together!

Aloha Nick… Great video! Question: recently, on 12/18/24, the VIX spiked to about 28. In that moment what did you look at and consider to decide if you thought that was the peak, or if the VIX would spike higher, maybe to a second standard deviation of 36 like on 8/5/24? Thank you in advance.

I never thought about this... I grew up hating debt but now starting to like debt, of course low-cost debt, and this video was such a crazy idea of using debt to earn millions! You are next level!

looking at a stock as an option!! What a genius way!

Brother, you rock!!! Thank you!!

Good philosophy - Plans are useless, planning is essential!

Enjoy the analyses I learn from both Nick and Jessica. One topic for a potential video later in the year is the history of tariffs and whether they have any real effect on bottom lines, the broad stock market, or particular sectors. Tariffs will likely be heavily discussed in the coming years, even if we do not know what form tariffs will take with the new Administration.

Came here from the 2024 Compound interview! This video was much ore useful than the books I had read from big investors. Fantastic ob.

We are the wealthiest nation in the world and in world history. But most Americans, including me, lack financial literacy. Thanks Nick.

I started intentionally investing with my own money (outside of the 401k) 8 years ago. In this bull market I managed a 51% return, which is easy to say when the market is so bullish. I see the world in a different way now. For example I wanted to pay off my house as soon possible to be debt free. Now, I know money sitting in home equity is a loss in cash value. I’m better off making payments and keeping as much cash in the market where returns are 10% to 20%. Even in 2022, was able to make money. I have learned, and am still leaning, financial literacy the hard way. People like Nick and Jessica should have more followers, this information is worth millions,

Looking forward to new insightful videos! You are great!

Great job 👏🏼

Hi, I remember you guys had a rule called "a double is a bubble" which meant that if the Nasdaq 100 doubles in a two year period, we're in a bubble. December 2022 to December 2024 (exactly two years), the Nasdaq 100's price return was over 100%. Could you explain why that was your opinion in Summer 2024, and is no longer your opinion?

Always great to hear your knowledge

concise and informative...thank you

learned a ton...thank you

Just diversify within the Mag7. SIMPLE

Surprised, but glad you are ok. Here in California we keep a go bag in our cars. I still have a full sized spare tire and my go bag lives there. Totally agree about the small bills I have a stack of 5s. Electronic payment systems go down in emergencies. N-95s were a thing here long before Covid because of wild fires. We tend to get the ones with exhalation valves. Socks and tennis shoes, in case all I wore was flip flops. Hat. After an earthquake you want a good shoe. Work gloves, same reason earthquake debris. Short wave radio, local stations may be down. Good advice, thanks.

Another person here after catching DataTrek on Josh Brown

Very interesting. Food for thought. Thanks. I would say, though, that an equally motivating factor in "the marshmallow test" is fear. If you, as a person with no unusual talents to offer the job market, fear the future where you are afraid to be indigent, you might be a very faithful saver and investor and end up wealthy just because you so viscerally feared poverty. I know such people, actually, and they have done fabulously well.

#3 is something that makes total sense to me. Not that #1 and #2 don't, but you just have to realize that there really can be and in fact is a difference between the US and rest of world. Now, will that persist? Yes, in the short term, but long term, be awake, I guess.

You and Nick are my favorite business commentators

Found you from the Compound recently and I love these theory videos!

thx for the video. i am assuming that the majority of consumers would not wish to own a self driving vehicle. instead, the idea would be to replace taxi, uber and lyft. how many rides would tesla need each day to justify the valuation as well as the amount of capital needed to build those vehicles which will be operated and maintained by tesla?

great channel, please keep it up

Tech to get rich, BRK to stay rich

This is pretty interesting, but anyone paying attention already knows that Buffett is way behind tech. Love the man, but he's not giving his investors the best. I think if he were starting today, he'd be all in on tech. He'd be reading and learning and he'd be a techie at heart. Buffet had a huge IQ (still does, not saying he's lost it, but he's slower (as am I!)); Munger IQ was probably a little higher still.

This was probably the best comparison out there! Thanks Jess

Excellent analysis

So glad I found your superb podcast through Josh Brown’s podcast! Perspective is EVERYTHING!! Thank you very much.

Fantastic data driven, no-nonsense content

Thank you very much for this fantastic information, Jessica! I enjoy your podcast immensely!

LOVE IT!

Found this channel in last few weeks and just watched this episode. Simple applicable thoughts and advice. LOL with the trading as spicy description. Well played and love that you two make complex subjects approachable. Thank you!!!!!

Thanks so much. Appreciated the episode!

Love the data-centric analysis. You guys are great.

I am impressed with your update on these stocks, now my question is which is best to buy at this time. I have some liquid assets to diversify.

EXCELLENT! Thanks for presenting!

👍❤️🙏🏻

Interesting Jessica. Great comparison!

We didn't study this particular case in my MBA program about 15 years ago. Wish we had! Thanks for this video!

Very insightful video, thank you! I did not have any problems with the audio btw.

What about if you stretch data to 30-50 years when tech bubble burst and other market corrections happened?

Perhaps Mr. Buffett doesn't see good intrinsic value right now in the BRK share price. BRK management has always been very shareholder focused. They have made it clear that they prefer not to buy back shares unless they feel that they're undervalued. This is very unlike most of the large cap C-Suite operators where buybacks are more for their own benefit.

Thank you! I own both, and view them differently, like the balance the two bring to my portfolio!

Excellent report! Highly appreciate it ❤

I own none of the assets you mention. If you were close to retirement and was forced to pick one asset between QQQ, XLK, and BRK, which would it be? Are you sure your pick now would be the same 12 months from now?

Jessica and Nick, what is your RISK metric against which these returns must be measured?

Buffet/BRK vs Large Cap Tech can elicit strong reactions. But I own both, each are good options for equities.

But is it meaningful to compare the returns of BRK to the QQQ or XLK cause no one should be 100% in tech to be properly diversified. Shouldnt BRK returns be compared to S&P.