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Michael Batnick

πŸ‘€ Speaker
4114 total appearances
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Appearances Over Time

Podcast Appearances

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I get it.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So let's go through some of the shit that's happened.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So the quantum computing names.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

fell 13% in five sessions.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Look at the one that these names are on, okay?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Well, no, there's multiple ones.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So shout out to Wisdom Tree.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

This was, the Defiance one had like AMD and other stuff in there.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

This is the real shit.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

The space ETFs fell 20% very quickly.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Um, the DJ and Dow, look at, look at this.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Like, yeah, rolled over pretty aggressively.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So here, so here's the deal.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I think corrections like this are healthy for a million reasons, but even just for like, we get lulled into complacency when you've had such a long bear bull market.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And I don't mean like the last like 10 years.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I just mean like, like since the March lows, right?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

We, we have like a false sense of security.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And sometimes we, um, as human beings, we fly too close to the sun and we need to be reminded.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Oh, f**k.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Like I was overexposed.