Eric Balchunas
👤 Speaker
709
total appearances
Appearances Over Time
Podcast Appearances
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
I own a stock.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Wait, if it gets cut in half, where does the money go?
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
It goes somewhere else.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
No, but I'm just making the point.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
I own a stock called Shake Shack.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
It fell 35% today.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Wait a minute.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
I don't own it like professionally.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Is it a hedge?
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Is it a hedge?
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Yeah, it's a hedge.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
It's a hedge against me being dangerously malnourished.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
So that stock fell 30.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
I don't think it closed down 35%.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
But my point is that can happen to any stock at any time.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
that ETF will lose half of the dollars in there in an hour.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
And South Korea, the country will go into a Great Depression.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
That's part of the fun.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
I'm just making the point.
The Compound and Friends
The Investor Utopia is Here with Eric Balchunas
Oh, you know what else I was thinking about I wanted to ask you?