The Biggest Investing Lessons of 2024

[@TheCompoundNews]

This episode is sponsored by Public! Discover how you can lock in a 6% or higher yield with a Bond Account at: public.com/compound

[@maisumfarid]

Make this a monthly episode! One of the most informative ones yet!

[@brunomanco7529]

This is why youtube is the greatest adversary of Netlix and all media in general. Look at the quality of these videos. Who else gives this with a 0 dolar subscription + ads ????

[@joealtamuro]

Josh, I love these episodes with Nick! The “Saint Nick of Investing”!

[@peterpayne2219]

My God, Nick is so bloody smart. Thank you for these videos every month.

[@hannahvannewkirk5525]

I thoroughly enjoy Nick’s consistent patriotism and great charts!! Go USA!! 🎉🇺🇸

[@martytayman9138]

Nick and Josh….great combination!

[@ZaziNombies]

Thnx! Good discussion

[@dewallsworld]

Including Nick Colas and Jessica Rabe on the Compound is my favorite!

[@matt.stevick]

he’s back! thank u 🙏 nick 👏🏻📈🇺🇸

[@sgagetti]

Thanks guys. Merry Christmas

[@addieglobal949]

Taking Notes ✍🏾

[@Ryan_Tinney]

My favorite Mondays are the ones with some Nick Colas chatting on The Pound.

[@Bobventk]

19:20 but how much of that fact is already in prices? Saying “the US is better blah blah” is MEANINGLESS to expected returns

[@jminter]

Nick is da dawg

[@jminter]

Great to hear that Nick Colas will be on TCAF this week, a must listen episode indeed. Can you please cover energy, materials and healthcare - the sectors are currently underperforming and their outlook in 2025, big thank you.

[@jeffreyharrison4045]

Love these guys! Nick and Jessica bring fresh new and nuanced approach

[@NickColasandJessicaRabe]

Thank you!

[@markbell4320]

miss seeing Jessica but this is awesome as usual - great stuff throughout, gentlemen -- "US is a business"

[@usazar]

Is there a better researcher than Nick? Coz Nick is God level

[@MonteRosa849]

Fantastic information! Thank you very much Josh and Nick! 👍

[@sergeyyakubovsky7259]

Super Smart guest!

[@sameluckyguy]

Great summary

[@chrisd6736]

“Europe is a museum” comment cracked me up.

[@Walker956]

its old as fuck. everuyone keeps saying it all the time. nothing special

[@John-qu7ij]

Thank you guys I was bit fearful of being fully invested

[@GregorDotUS]

As always, a great show. Can't help but think of Grantham/Mayo and James Montier post the great recession spending years pounding the table on the far better prospects in ROW than the US. And oh man, we all know how that turned out.

[@314jad]

Great content!

[@tenorref]

Wonderful, powerful data.

[@AlexandruPopa-r5s]

I'm really fascinated by investing in stocks but I haven't put in a lot of money yet despite seeing news of people making millions because I am always concerned about the risk involved. What is the best strategy for Less risk and more gains?

[@Nguyen-f7k]

The importance of mitigating risk might be the reason why so many investors are turning to advisors for guidance.

[@Blessed-j8o]

You most likely should get her basic info when you search her name on your browser. DANIEL J FLORENCE

[@tengo-hambre817]

One thing that is conveniently forgotten by is the amount of stimulus pumped into the economy in the last 15 years via monetary and fiscal policies. All those funds primarily end up on corporate balance sheets. All that money is pumped into the markets, tangible and intangible. So yes, American Exceptionalism has greatly benefitted by the money printing and quantitative loosening We are not collectively more intelligent or more productive or more efficient than other parts of the world. The perma-bull says this time it is different which is what was said in 1999 and in every asset bubble. When everyone is talking about the stock market, who is left to join in?

[@neilblondell4235]

Every country is stimulating it's economy.......look at Japan, constantly printing and 0/negative interest rates.

[@sanesanyo]

That's the embedded advantage of being a reserve currency. Also majority of the returns can also be explained by multiple expansion

[@williambanzhof9739]

EXCELLENT!

[@daraghcuddy244]

US prioritise work over life, Europeans, life over work is the biggest difference. US having reserve currency is a big component too

[@jubinpandey5053]

US outperformance is driven in part by access to the best human capital in the world in the US (higher education system) and around the world (through immigration when it works). Hopefully that continues.

[@alipouyeshman]

16:30 right on point!

[@zelinli4287]

This is real good 👍

[@TheTunneys]

I would argue that the prevalence of trading apps on people's phones around the world has resulted in the ability, for the first time, for people to invest in US Stocks. 10 years ago there was no way someone would be able to buy 0.1 of a TSLA stock whilst walking to watch their favorite football team in Europe. That is possible and happens now. If ordinary people can buy fractional stocks of any company in the world, they are probably going to buy US companies.

[@terryharris1291]

Since easier access to the US market from New Zealand has helped me make huge returns.In the old days you had to pay huge fees.

[@Shatter84]

I can tell you it's unbelievably easier in Australia compared to just 5 years ago. My whole portfolio has transitioned over last two years from the ASX (Australia) to NDQ/NYSE.

[@Bullypulpit]

Spot on.

[@jareddalessandro9813]

I learned that Tesla can have a 225 forward PE

[@johnnymartinARTIST]

get your year right josh! 2024...

[@theresa922]

Josh- Enjoy your show and learning about the stock market. One question. How can corps e.g. food, boast on their earnings calls re: their billions in profits and shareholder dividends, yet say they can't lower their prices (or pay employees more)?

[@silentcoconut]

Rates are like Heads I win, Tales You Lose.

[@rossmacintosh5652]

Now this is really confusing me. How come Nick's lamp isn't reflecting in his mirror wall?

[@johnkelley1426]

@34; the top names of the MSCI EAFE read like the leaders of Goldman's, Granolas. GS Granola's suggested, when introduced, roughly matching the performance of the S&P with half, or less, of the volatility. I put them in a fund, and well, it hasn't performed in 2024 to GS' billing. If/when I add more capital to the fund, I'll likely add the ETF, NATO (EU defense), which is up >31% YTD - for diversification outside the US. FWIW. Thanks for the segment.

[@NJtek]

Do u think bonds will outperform stocks?

[@jimbojimbo6873]

Yh

[@KatieRick-w8z]

Thanks for the analysis! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[@Johnwestly-l6n]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@Fred-w7t]

I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.

[@RayaMarcus]

The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

[@Jordan8568-l4u]

who is your advisor please, if you don't mind me asking?

[@RayaMarcus]

‘Stacy Lynn Staples’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Davidmarcus-m3r]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@licher12]

Come on guys, love ya, but the "change" in weighting chart (all country all world 8:16) was nauseating to look at and was very misleading. The rate of change was listed as a nominal number, not a percentage...i.e. the UK is down 50% not 3%. I can't believe Josh let this through...we are usually on identical wavelengths! For a finance nerd, my brain is permanently damaged lol. Thanks for the content though, keep it up!

[@Detonator007]

Buy Buy Buy

[@seangrealish8741]

8:15 USA! USA! USA! USA! USA!

[@AudricEnriquez]

Smart Investing Made Simple: Bitcoin as a Key to Retirement Planning ♻️

[@AkaraBread]

Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.

[@dimkovskigoce]

Where is Jessica, she is very good also. Prase to Nick!

[@JessicaSmith-xz1zo]

I’d love to start investing but don’t know what steps to take. Can anyone guide me?

[@robbrown4621]

Could you please do an episode on how you think a Chinese invasion of Taiwan in 2025 would affect the market? Also, what would war with China mean for the market? And, maybe a separate episode on what would happen if Russia invades the Baltics? Thanks.

[@imdoc7872]

Ive been DCA 25% of my gross income and saving the rest in cash to buy dips. Im going to keep doing the same in 2025.

[@SMTraz]

Biggest lesson of 2024 = Shut the heck up and buy something

[@robharris5658]

The EU and many Asian countries have labor laws that restrict employers from RIFing workers and restructuring organizations that is common in the US. Companies in the US focus on financial performance over social impact. Might at least partially explain the difference in annual returns.

[@MBoyer-ng6ok]

Or the outperformance of the US could be setting up an epic mean reversion trade for the long term oriented investor willing to allocate X-US (outside US).

[@matt.stevick]

watch #2 thx again. (as u should 2 chat but im not your dad ;) my favorite 30:03

[@DestinoParques]

The richest person in Spain is Amancio Ortega the owner of Indetex (Zara). Half of the population including the government considers him public enemy number one. Meanwhile we all know that as soon as you have some capital you have to look for a way to move it outside the country before the government tax you to death. Thanks but I a prefer to invest in the Nasdaq

[@eddiemunster8634]

I imagine that our tax system may be contributing to our outperformance of the European countries

[@midwestcannabis]

132nd like🥳🥳✌️✌️✌️

[@CSARVA]

163rd....Party On!

[@midwestcannabis]

@CSARVA Excellent! 🥳🥳🥳✌️✌️✌️🤝🤝🤝🤝

[@edmundlively8137]

Commerce in America is big business."~~ Calvin Coolidge~

[@SECULARDEVELOPMENT]

How can our stocks not be up when every other economy is sending their investment money to America

[@Bobventk]

Shockingly clueless out of you two.

[@chatgpt-n8r]

none of this analysis matters

[@Detonator007]

BTC to 1 million … what a clown show 🤡

[@Anonymous-ld7je]

Well it used to be worth like 5 bucks a pop and now it's over 100k, so with a long enough time scale you never know what could happen. 1 million is only a 10x now

[@Johnny_York]

Looks like someone doesn't have any bitty in their portfolio.

[@Detonator007]

Still a clown show

[@gary3944]

​@@Detonator007 How