Spencer Jakab

speaker
249 appearances 4 recordings 3 series first heard Jan 2026 last heard 30 Jun

Spencer Jakab’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 2.

Appearances

newest first · ▶ plays the moment
You had some banks, you had some oil companies, you had manufacturers, hotels, whatever.
The weighting of tech and then of this industry specifically is kind of uncomfortably large right now.
There is a famous anecdote that Joe Kennedy, the patriarch of the Kennedys, the political family.
Those Kennedys, John and Robert and Edward and others' father.
He, at one point, was one of the richest men in America.
And famously, he enlarged his fortune during the Depression when lots of people were wiped out or saw their fortunes cut in half or whatever.
And so the story goes is that he went to get a shoeshine and his shoeshine boy was telling him about the stock market and giving him stock tips.
He said, you know, this kid, you know, seems to know as much about the stock market as I do and he's been right as well.
Just like
kids on the internet or in chat rooms had been right about a lot of things recently.
And he said, you know, either, you know, something's wrong with me or something's wrong with the market.
And so he famously sold a lot of his stocks and avoided losing his fortune during the great crash of 1929.
People have asked me, hey, do you think that this is it?
Is this the sign of the top?
I don't know, because there are a lot of false alarms.
Any kind of bull market is gonna have a lot of false alarms where people say, okay, stick a fork in it, it's done, and they're wrong, they're too early.
Listen, I'm not a financial advisor, but I write this daily investing newsletter.
But let's just take a step back and look at it this way.
They could do well.
They can't do very well.
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