Every Friday, Mike and Lance from the Mighty investment team serve up their fresh take on investing in stocks and startups. They discuss trending news topics, make bold predictions, and highlight the best opportunities to grow your wealth. There's plenty of banter and good times ahead - listen in!
We open our podcast with an overview of one of the most brilliant cons ever pulled off...that lasted for 15 years! We then dive into earnings season that has a third of the S&P 500 reporting this week, and wrap up with a discussion of President Biden's capital gains tax plan. Spoiler alert: one of us will run for President to repeal the capital gains tax plan if Biden's plan passes. Yes, it's that bad.
Hit play and join us for another Investor Happy Hour!
The episode kicks off with commentary on what the heck is going on with Clubhouse's valuation. We then turn our attention to the exploding cryptocurrency market. Somehow cryptocurrencies managed to skyrocket from a $1 trillion market cap to a $2 trillion market cap in 90 days. We speculate on where the market will go next, and where we're investing our money today.
In this episode, Mike recalls buying his first stock during the dotcom boom using his Palm Pilot 1000 in high school. Lance shreds Ark Invest's new Space Fund over the inclusion of Netflix and Deere. And we debate whether there are enough high quality companies in the world who would choose to go public with one of the 400+ SPACs vs a traditional IPO. Listen in to another great podcast!
Mike and Lance discuss the results of their Twitter poll that asked whether investors were buying, selling, or holding their tech stocks. They also discuss WeWork's second attempt at going public, and share their best tips for evaluating early stage companies as an angel investor.