Karen Finerman
👤 SpeakerAppearances Over Time
Podcast Appearances
How am I doing? I mean, it's exhausting. I have to say it's exhausting and you know, you just never know what you're going to find. And this idea of there could be monumental news at any moment. is it's tiring.
How am I doing? I mean, it's exhausting. I have to say it's exhausting and you know, you just never know what you're going to find. And this idea of there could be monumental news at any moment. is it's tiring.
How am I doing? I mean, it's exhausting. I have to say it's exhausting and you know, you just never know what you're going to find. And this idea of there could be monumental news at any moment. is it's tiring.
Well, I'm on, you know, I'm on the computer all day long and just. At any moment, it could be something really market moving. So you have to sort of be in this high level of, you know. High alert. High alert, exactly. So has your investing strategy changed since Liberation Day? Liberation Day? No, it hasn't. It hasn't worked. I can tell you that. You know, I'm always long.
Well, I'm on, you know, I'm on the computer all day long and just. At any moment, it could be something really market moving. So you have to sort of be in this high level of, you know. High alert. High alert, exactly. So has your investing strategy changed since Liberation Day? Liberation Day? No, it hasn't. It hasn't worked. I can tell you that. You know, I'm always long.
Well, I'm on, you know, I'm on the computer all day long and just. At any moment, it could be something really market moving. So you have to sort of be in this high level of, you know. High alert. High alert, exactly. So has your investing strategy changed since Liberation Day? Liberation Day? No, it hasn't. It hasn't worked. I can tell you that. You know, I'm always long.
I have various hedges on, but always, always net long, very net long. And that's been the strategy for years and years. And You know, it's painful when you are long going into the pandemic or going into the great financial crisis or whatever it might be. But the idea of sort of being able to market time, so know when to sell, know when to get back in, and then understand.
I have various hedges on, but always, always net long, very net long. And that's been the strategy for years and years. And You know, it's painful when you are long going into the pandemic or going into the great financial crisis or whatever it might be. But the idea of sort of being able to market time, so know when to sell, know when to get back in, and then understand.
I have various hedges on, but always, always net long, very net long. And that's been the strategy for years and years. And You know, it's painful when you are long going into the pandemic or going into the great financial crisis or whatever it might be. But the idea of sort of being able to market time, so know when to sell, know when to get back in, and then understand.
have that gap be wider than whatever taxes you might pay, to me is just a strategy that is too difficult. So I don't try to do it. But what I do try to do, one of my favorite quotes, which I always come to is, buy when there's blood on the streets, even if it is your own. And I can tell you recently, there's been a lot of my own. So I look at the VIX.
have that gap be wider than whatever taxes you might pay, to me is just a strategy that is too difficult. So I don't try to do it. But what I do try to do, one of my favorite quotes, which I always come to is, buy when there's blood on the streets, even if it is your own. And I can tell you recently, there's been a lot of my own. So I look at the VIX.
have that gap be wider than whatever taxes you might pay, to me is just a strategy that is too difficult. So I don't try to do it. But what I do try to do, one of my favorite quotes, which I always come to is, buy when there's blood on the streets, even if it is your own. And I can tell you recently, there's been a lot of my own. So I look at the VIX.
I don't know how closely you follow the VIX, but it's sort of in no man's land now. It was up in the 50s. So I'd be a buyer when it's terrifying. It's not low enough now. It's in limbo at, I don't know, 30 where it is right now. So I'm not really doing much, just being exhausted.
I don't know how closely you follow the VIX, but it's sort of in no man's land now. It was up in the 50s. So I'd be a buyer when it's terrifying. It's not low enough now. It's in limbo at, I don't know, 30 where it is right now. So I'm not really doing much, just being exhausted.
I don't know how closely you follow the VIX, but it's sort of in no man's land now. It was up in the 50s. So I'd be a buyer when it's terrifying. It's not low enough now. It's in limbo at, I don't know, 30 where it is right now. So I'm not really doing much, just being exhausted.
So the VIX is really, it is a measurement of how likely the volatility is in the market at more than 1% on any given day, but it's really become known to be the sort of fear-greed index. So when the VIX is really low, and the kind of lowest I've ever seen it drag along for a long time is low double digits, so, you know, 11 or 12. And then in periods of high uncertainty.
So the VIX is really, it is a measurement of how likely the volatility is in the market at more than 1% on any given day, but it's really become known to be the sort of fear-greed index. So when the VIX is really low, and the kind of lowest I've ever seen it drag along for a long time is low double digits, so, you know, 11 or 12. And then in periods of high uncertainty.
So the VIX is really, it is a measurement of how likely the volatility is in the market at more than 1% on any given day, but it's really become known to be the sort of fear-greed index. So when the VIX is really low, and the kind of lowest I've ever seen it drag along for a long time is low double digits, so, you know, 11 or 12. And then in periods of high uncertainty.
So the highest I've ever seen it is during the pandemic, during the really, really dark, dark days of the pandemic, as high as about 80 intraday, maybe. So... Now the VIX has gone from mid-teens to as high as 56. I guess it was Tuesday morning. Was that when the bottom was sort of the... I can't even remember all the days. So it hit somewhere in the mid-50s. And I like when the VIX is super high.
So the highest I've ever seen it is during the pandemic, during the really, really dark, dark days of the pandemic, as high as about 80 intraday, maybe. So... Now the VIX has gone from mid-teens to as high as 56. I guess it was Tuesday morning. Was that when the bottom was sort of the... I can't even remember all the days. So it hit somewhere in the mid-50s. And I like when the VIX is super high.