Podcast appearances and mentions of spencer jakab

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Best podcasts about spencer jakab

Latest podcast episodes about spencer jakab

WSJ What’s News
Alternative Indicators: What Pinched Consumers Are Buying at the Liquor Store

WSJ What’s News

Play Episode Listen Later Nov 19, 2025 15:35


We all want a little treat—even if we're on a budget. That desire may be part of what's shaping U.S. liquor sales; big spirits companies are seeing growth in the sales of their smaller bottles of liquor, while sales of the pricier larger sizes decline. What does that tell us about how consumers are feeling about their wallets? Host Alex Ossola discusses with Nadine Sarwat, director and equity research analyst at brokerage firm Bernstein. And finally, in this last episode of our alternative economic indicator series, WSJ investing columnist Spencer Jakab joins Alex to take stock of all four indicators in this series—Nevada employment, copper, heavy trucks and liquor—and the picture they paint about the broader U.S. economy.  Sign up for the WSJ's free What's News newsletter. Further Listening Alternative Indicators: Can Nevada Employment Predict Where the Economy is Headed? Alternative Indicators: What's Dr. Copper's Prognosis for the U.S. Economy? Alternative Indicators: What Big-Rig Truck Sales Reveal About the U.S. Economy Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Government Shutdown Poised to Become Longest in U.S. History

WSJ What’s News

Play Episode Listen Later Nov 4, 2025 12:29


P.M. Edition for Nov. 4. WSJ's Congress reporter Katy Stech Ferek talks about the latest in negotiations as lawmakers search for a deal to end the shutdown. Spencer Jakab, who writes WSJ's Markets A.M. newsletter, explains why a famous method of valuing stocks suggests rough years ahead. And it's Election Day in the U.S. Head to WSJ's live blog for more coverage of key races in New York City, New Jersey and Virginia. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ's Take On the Week
The ‘Infinite Money Glitch' Making the Trump Family Millions

WSJ's Take On the Week

Play Episode Listen Later Sep 18, 2025 33:15


The Trump family's latest venture—a so-called “crypto treasury” stock—could generate their biggest payday through the WLFI token from World Liberty Financial, while being a potential minefield for investors. The offering follows the success of Michael Saylor's MicroStrategy, now renamed as Strategy, a “bitcoin treasury company” that accumulates bitcoin by using debt and new stock issues to keep on buying more. Listen in on a conversation between some of The Wall Street Journal's sharpest financial minds in the debut episode of Ticker Shock as our team unpacks the trade. Ticker Shock provides insights to help finance-curious listeners connect the dots between what's happening in policy, markets and the economy to their financial lives and investments. This week, business and finance editor Alex Frangos and markets reporter Chelsey Dulaney are joined by Streetwise columnist James Mackintosh and Markets A.M. newsletter writer and investing columnist Spencer Jakab to discuss the “infinite money glitch.” They also talk about how these sorts of tokens compare to meme stocks such as GameStop and AMC. Further Reading Trump Family Amasses $5 Billion Fortune After Crypto Launch The Trumps' New Crypto Money Maker: Deals With Themselves Trump Brothers-Backed Bitcoin Mining Company Surges After Nasdaq Listing The Recipe Behind the Trump Family's Crypto Riches: PancakeSwap The Hottest Business Strategy This Summer Is Buying Crypto The Man Making Billions From the Wildest Bitcoin Bet For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on the Street Column and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
How America Fell in Love With Cocaine Again

WSJ What’s News

Play Episode Listen Later Sep 17, 2025 12:33


P.M. Edition for Sept. 17. Cocaine use is rising in the U.S., in part because of an excess supply smuggled in by Mexican cartels. WSJ deputy editor for Latin America Santiago Pérez joins to discuss why, and how Trump administration policies may play a role. Plus, the Federal Reserve lowered interest rates by a quarter point today. We hear from WSJ investing columnist Spencer Jakab about how the central bank is shifting its priorities. And after poorer workers closed the gap with the rich in recent years, the gulf is now widening again. WSJ economics reporter Jeanne Whalen talks about what's causing the growing rift. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Why Rising Global Bond Yields Are Worrying Investors

WSJ What’s News

Play Episode Listen Later Sep 3, 2025 13:48


P.M. Edition for Sept. 3rd. Global bond yields are climbing; yields on U.K. 30-year gilts this week hit their highest level since 1998. WSJ columnist Spencer Jakab explains what this means for investors. Plus, Florida is pushing to repeal all vaccine mandates, a move that would make it the first state to end such rules. And the U.S. now has over 1,100 billionaires, but where do they live, and what industries built their fortunes? WSJ data reporter Inti Pacheco shares what he learned from the data. Alex Ossola hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
What's News in Earnings: How Magnificent Can the Magnificent Seven Get?

WSJ What’s News

Play Episode Listen Later Aug 5, 2025 9:41


Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street's Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal's new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors' lofty expectations is becoming more of a challenge. Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies' earnings reports and analyst calls to find out what's going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Sign up for the WSJ's free WSJ AI & Business. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ Your Money Briefing
What's News in Earnings: How Magnificent Can the Magnificent Seven Get?

WSJ Your Money Briefing

Play Episode Listen Later Aug 5, 2025 9:56


Bonus Episode for Aug. 5. Six of the so-called Magnificent Seven companies have reported quarterly earnings, with only Nvidia, the most-valuable of them all, yet to release its results. Heard on the Street's Asa Fitch talks about how much better it can get for the stocks harnessing AI-mania to propel the stock market. Asa, who also writes the Journal's new AI newsletter, says that the hyperscalers show no sign of slowing their furious pace of capital investment in infrastructure, but he cautions that continuing to top investors' lofty expectations is becoming more of a challenge. Markets AM writer Spencer Jakab hosts this special bonus episode of What's News in Earnings, where we dig into companies' earnings reports and analyst calls to find out what's going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter.Sign up for the WSJ's free WSJ AI & Business. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Two Officials Dissent as Fed Leaves Rates Unchanged

WSJ What’s News

Play Episode Listen Later Jul 30, 2025 14:24


P.M. Edition for July 30. As was widely expected, the Federal Reserve held rates steady for a fifth straight meeting. But in a rare move, two officials disagreed with the decision. WSJ investing columnist Spencer Jakab joins to discuss why, and what the Fed might be paying attention to ahead of its next meeting in September. Plus, President Trump announces new tariff rates for Brazil and India, and says he won't extend the Aug. 1 deadline for countries to make trade deals with the U.S. And Amazon will pay the New York Times at least $20 million annually to license its content to train artificial intelligence. We hear from WSJ reporter Alexandra Bruell about the significance of that deal. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Republicans Triumph as House Passes Trump's Megabill

WSJ What’s News

Play Episode Listen Later Jul 3, 2025 14:23


P.M. Edition for July 3. House Republicans overcame some lawmakers' resistance to narrowly pass the tax-and-spending bill ahead of President Trump's July 4 deadline. WSJ reporter Jasmine Li discusses what's in the final bill. Plus, U.S. stocks notch another closing high after the Labor Department's June jobs report came in stronger than expected. We hear from WSJ investing columnist Spencer Jakab about what the report says about the economy, and what's now on Fed officials' minds ahead of their meeting later this month. And Journal science reporter Nidhi Subbaraman tells us how Harvard is already preparing to fill the gaps in its budget left by a loss of federal funding. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Megabill's Fate Uncertain as Senators Continue Marathon Voting

WSJ What’s News

Play Episode Listen Later Jun 30, 2025 14:02


P.M. Edition for June 30. Senators have spent hours voting on amendments and procedural motions as Republicans race to pass President Trump's “big, beautiful bill” by their self-imposed July 4 deadline. WSJ tax policy reporter Richard Rubin gives us the latest from the U.S. Capitol. Plus, a Trump administration investigation finds that Harvard University violated students' civil rights. We hear from Journal higher education reporter Doug Belkin about where the president's battle against elite U.S. universities stands. And investors love stocks that pay dividends, even though finance professors have long said that dividends don't matter. But as WSJ investing columnist Spencer Jakab tells us, it's what people do with the dividends that really makes those investments worthwhile. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Iran Strikes U.S. Military Base in Qatar. What's Next?

WSJ What’s News

Play Episode Listen Later Jun 23, 2025 13:48


P.M. Edition for June 23. President Trump said the U.S. received advance notice of Iran's attack and thatno Americans were harmed and little damage was sustained. Trump indicated that he believed the attack wouldn't escalate the crisis in the region. WSJ national security reporter Lara Seligman joins to discuss how the U.S. might respond. Plus, investors prepare for the possibility that Iran could close the Strait of Hormuz, the world's main energy shipping artery. We hear from WSJ investing columnist Spencer Jakab what impact this would have on oil prices and inflation. And fewer Chinese companies are listing on U.S. stock exchanges. James Areddy covers Chin a for the Journal and explains how the U.S.-China relationship fits into it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.  Sign up for the Markets A.M. Newsletter by Spencer Jakab  Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Where the Middle East Conflict Leaves Trump's Foreign Policy

WSJ What’s News

Play Episode Listen Later Jun 13, 2025 14:29


P.M. Edition for June 13. Iran sends dozens of ballistic missiles to Israel in retaliation for Israel's ongoing attacks against Iran's nuclear program and military leadership. WSJ White House reporter Alex Leary discusses what the escalating conflict in the Middle East may mean for President Trump, who has long said that the U.S. should pull back from foreign entanglements. Plus, we hear from Journal investing columnist Spencer Jakab about how markets are reacting to the conflict. And merchants like Walmart and Amazon are exploring launching their own stablecoins. WSJ reporter AnnaMaria Andriotis talks about why, and what impact that could have on banks. Alex Ossola hosts. Israel-Iran conflict live blog Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
How China's Rare-Earths Control Defined Tentative Trade Deal With U.S.

WSJ What’s News

Play Episode Listen Later Jun 11, 2025 13:45


P.M. Edition for June 11. China's lock over rare-earth magnet exports helped bring the U.S. back to the bargaining table over trade. WSJ economic policy reporter Gavin Bade discusses how China gave the U.S. some access in the tentative deal, but kept some control, which gives it leverage in future trade negotiations. Plus, arrests grow as more cities plan demonstrations after the unrest in Los Angeles. Journal reporter Sara Nassauer explains how Home Depot became Ground Zero in President Trump's deportation push. And U.S. consumer prices rose slightly in May, defying fears that tariffs would have driven up prices. WSJ investing columnist Spencer Jakab talks about what that means for the Fed's meeting next week. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Why Wall Street Is Raising the Alarm Over U.S. Debt

WSJ What’s News

Play Episode Listen Later Jun 3, 2025 14:09


P.M. Edition for June 3. As the U.S. debt grows—and with the “big, beautiful” spending bill set to push it even higher—some on Wall Street are warning that the debt level might soon be unsustainable. And, though it's not the first time we've heard such warnings, WSJ investing columnist Spencer Jakab joins to discuss why this time they're worth listening to. Plus, Elon Musk criticizes President Trump's tax-and-spending bill, calling it a “disgusting abomination.” And the White House sends a $9.4 billion rescissions package to Congress codifying cuts identified by Musk's Department of Government Efficiency. WSJ reporter Jasmine Li talks about what the package includes, and the president's broader goal behind it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
What's News in Earnings: Defense Contractors Thrive in Uncertain World

WSJ What’s News

Play Episode Listen Later Apr 29, 2025 8:52


Bonus Episode for April 29. Every U.S. manufacturer faces increased costs because of import tariffs and other countries' countermeasures, but those making weapons have reason to be both worried and hopeful. WSJ Investing columnist Spencer Jakab discusses with WSJ reporter Sharon Terlep what Northrop Grumman, RTX, General Dynamics, Boeing and other defense companies have reported for their first quarter earnings and what that means for the sector and the broader U.S. economy.  Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ's Take On the Week
Bonus: Trump's Tariff Backtrack Rocked Markets. What Do Investors Need to Know?

WSJ's Take On the Week

Play Episode Listen Later Apr 11, 2025 16:51


In this special bonus episode of WSJ's Take On the Week, we dive into the most pressing questions for investors about tariffs and markets following the news of President Trump's 90-day pause on some of his largest import taxes. Co-host Telis Demos is joined by two friends of the show, WSJ reporter Miriam Gottfried and investing columnist Spencer Jakab. They get into which sectors are most exposed to tariffs, how consumer-facing companies such as Restoration Hardware and car-parts sellers have been affected, the political calculus behind the tariffs, and what the repeated policy shifts mean for the dollar as the world's reserve currency. Further Reading Live Q&A: What's Happening With the Markets?—Our Reporters Answered Your Questions Trump U-Turn Halts the ‘Sell Everything American' Trade, but the Fallout Remains  ​​Democrats Seek Trading Probes After Trump's Tariff U-Turn  Trades Before Trump Tariff Post Draw Scrutiny  Sign up for the WSJ's free Markets A.M. newsletter written by Spencer Jakab. 

WSJ What’s News
U.S. Stocks Soar as President Trump Pauses Some Tariffs

WSJ What’s News

Play Episode Listen Later Apr 9, 2025 11:47


P.M. Edition for April 9. U.S. stocks stage a furious rally after Trump announces a 90-day pause on reciprocal tariffs. WSJ investing columnist Spencer Jakab discusses the market reaction, and markets reporter Ryan Dezember breaks down what the tariff pause means in practice, as China was a big exception to the pause, with Trump saying the tariff rate on Chinese goods was now 125%. And, no matter what the tariff rate is, putting new levies into practice will make the act of importing much more complicated. Liz Young, who covers logistics and the supply chain for the Journal, walks us through how it works. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Inside the U.S.-Ukraine Mineral-Rights Deal

WSJ What’s News

Play Episode Listen Later Feb 26, 2025 14:01


A.M. Edition for Feb. 26. WSJ foreign correspondent Ian Lovett explains how Washington and Kyiv bridged differences over security guarantees and future mineral revenues to strike an agreement Ukraine hopes can reset relations with President Trump. Plus, House Republicans pass a budget plan, overcoming disagreements on the size of proposed spending cuts. And investing columnist Spencer Jakab unpacks the widening gap between the expected returns of large U.S. growth stocks and cheaper alternatives abroad. Luke Vargas hosts. Sign up for the WSJ's new Markets A.M. newsletter here—it's free! Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
Why Cash Cows Are Wall Street's New Darlings

WSJ What’s News

Play Episode Listen Later Feb 12, 2025 13:55


A.M. Edition for Feb. 12. WSJ columnist Spencer Jakab says a new twist on value investing is turning attention to companies returning gobs of cash to shareholders. But does that mean growth is dead? Plus, Elon Musk defends his government cost-cutting drive as President Trump hands DOGE more authority. And the WSJ's Jason Douglas explains which countries are likely to bear the brunt of reciprocal tariffs promised by the president. Luke Vargas hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ's Take On the Week
WSJ's Take On the Year: Market Trends to Watch in 2025

WSJ's Take On the Week

Play Episode Listen Later Jan 5, 2025 24:37


AI was a big stock market theme in 2024. We've talked about it, and heard it many times. But it was far from the only thing that happened in stocks last year. We saw record-breaking growth from power companies like Vistra. Cult stocks like Palantir and MicroStrategy also had a moment. And of course, Nvidia, a company that needs no introduction, had a blockbuster year.  But where there are winners, there are also losers. The announcement of Walgreens' potential sale highlighted the challenges within the retail pharmacy sector. Shares of the biotech company Moderna also slumped partly due to waning demand for its Covid-19 vaccine and booster. And discount chain Dollar Tree took a hit this year as its shoppers showed signs of belt-tightening. For our first episode of 2025, we're joined by global editor of WSJ's Heard on the Street column, Spencer Jakab, and deputy editor of WSJ's Heard on the Street, Aaron Back, to reveal more of the market's winners and losers in 2024 and examine what their wins or losses could mean for investors and the economy in the year ahead.  Further Reading  Walgreens Is in Talks to Sell Itself to Private-Equity Firm Sycamore Partners  Tech-Loving Hedge Funds Have a Crush on Utility Stocks  For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard On The Street Column, and WSJ's Live Markets blog. 

The Journal.
Does Warren Buffett Know Something We Don't?

The Journal.

Play Episode Listen Later Nov 13, 2024 17:22


The famous investor and muti-billionaire CEO of Berkshire Hathaway is doing something unusual: selling stocks and hoarding cash. WSJ's Spencer Jakab breaks down possible reasons why and what everyday investors can learn from his choices. Further Reading: - Does Warren Buffett Know Something That We Don't?  - A $150 Billion Question: What Will Warren Buffett Do With All That Cash?  Further Listening: - Charlie Munger: Curmudgeon, Sage and Investing Legend  Learn more about your ad choices. Visit megaphone.fm/adchoices

Lead-Lag Live
Spencer Jakab on Housing Market Challenges, Global Fiscal Implications, and Strategic Investment Diversification

Lead-Lag Live

Play Episode Listen Later Nov 13, 2024 45:27 Transcription Available


Can high mortgage rates hold homeowners captive in their current situations? Spencer Jakab, the global editor of Heard on the Street at The Wall Street Journal, joins us to unravel the complex web of the housing market, where historically low mortgage rates have shackled homeowners, creating stagnant turnover and inflated prices. Gain insights from Spencer as he shares the intricacies of choosing topics for financial commentary and uncovers the global disparities in stock market valuations, illustrated by the Hyundai IPO in India. Together, we explore how engaging content is crafted to meet reader expectations in a fast-paced digital world.The economic landscape is shifting, and rising yields are at the forefront of this transformation. We delve into the cascading effects of increased borrowing costs on mortgage rates and housing turnover, painting a picture of a market in flux. As we discuss the potential impacts of political decisions on federal budget deficits and public debt, the conversation expands to a global scale. Discover the interconnectedness of economies as we draw parallels with other nations' fiscal challenges and speculate on the ramifications of political changes.US stocks have shown remarkable dominance, but is it time to look beyond familiar borders for investment opportunities? Our discussion moves to the global stage, where Warren Buffett's strategic moves in Japan highlight the potential rewards of diversifying into undervalued markets. We examine the trends in AI investments and their uncertain returns, drawing comparisons to past technological booms. Throughout, we underscore the importance of overcoming home country bias and the benefits of a diversified portfolio in capturing opportunities across emerging and undervalued markets. Join us as we navigate these compelling financial narratives and the challenges they present to modern journalism.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.Join Sasha Graham and icons, athletes, and every day folks from the sports world to learn the secrets to living your very best life. No athletic ability required! www.SportsWillSaveUsAll.com Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

WSJ What’s News
The Trump Transition Kicks Into High Gear

WSJ What’s News

Play Episode Listen Later Nov 11, 2024 13:55


P.M. Edition for Nov. 11. WSJ reporter Brian Schwartz on how President-elect Donald Trump's team is choosing who will staff his White House. And prediction markets had a big moment coming out of the presidential election. WSJ markets reporter Gunjan Banerji discusses whether they're here to stay. Plus, Heard on the Street global editor Spencer Jakab on what Warren Buffett could do with his $325 billion cash stockpile. Tracie Hunte hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ What’s News
WSJ Poll Shows Wave of Support for Kamala Harris

WSJ What’s News

Play Episode Listen Later Jul 26, 2024 17:41


P.M. Edition for July 26. A new Wall Street Journal poll finds Kamala Harris and Donald Trump are virtually tied after President Biden stepped out of the race. WSJ editor Aaron Zitner breaks down the results. And WSJ columnist Spencer Jakab warns that junk stocks could be dragging down the returns of our stock index funds. Plus, new U.S. inflation data keep the door open for an interest rate cut in September. Jennifer Maloney hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hidden Forces
The Return of Meme Stock Investing | Spencer Jakab & Andrew Left

Hidden Forces

Play Episode Listen Later Jun 17, 2024 49:31


In Episode 367 of Hidden Forces, Demetri Kofinas speaks with Spencer Jakab and Andrew Left. Jakab is an award-winning financial journalist who edits the Wall Street Journal's “Heard on the Street” column. He is also the author of “The Revolution That Wasn't,” a book about the meme stock craze that overtook the video game retailer GameStop in 2021 and the heroes and villains, like activist short-seller Andrew Left, who made that story so captivating and powerful. As the founder of Citron Research, Andrew famously bet against GameStop during the mania of 2021, only to get squeezed out of his position as the stock rallied to the unimaginable heights of $483 per share. Last week, amidst the excitement and uproar of Keith Gill's anticipated return as ‘Roaring Kitty,' the hero of Wall Street Bets and the face of the GameStop meme craze, Andrew announced that he was at it again, taking a new short position in the video game retailer, albeit at a significantly reduced size from the one he was forced to close three years ago. Demetri devotes the episode's first hour to recapping the GameStop meme craze and how it relates to the concept of Financial Nihilism that he developed in 2019 and about which he began publishing episodes in early 2020. He, Andrew, and Spencer discuss the role of narrative investing, the characters that make up a good financial story, and how those character archetypes come together to generate interest and excitement around a given company's stock or crypto token in the hopes that it could lead to life-changing profits, a communal sense of belonging, and a whole lot of fun. In the second hour, Demetri asks Andrew and Spencer if they think that this latest resurgence in the price of GameStop is a late aftershock to the 2021 meme stock mania or if it is a sign of things to come as liquidity ramps higher ahead of the 2024 election. Kofinas also asks Left about how this investment philosophy of financial nihilism has impacted the ability of activist short-sellers like him to operate, what he thinks explains this change in attitude towards the stock market among Millennials and Zoomers, and how the forces driving it are impacting our politics and society at large. You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe. If you enjoyed listening to today's episode of Hidden Forces, you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 06/12/2024

WSJ What’s News
Fed Projects One Rate Cut This Year Despite Mild Inflation Report

WSJ What’s News

Play Episode Listen Later Jun 12, 2024 15:21


P.M. Edition for June 12. Federal Reserve officials indicated most are in no hurry to lower rates, even after a report showed inflation eased last month. Spencer Jakab, global editor of Heard on the Street, has more. And investigative reporter Joe Palazzolo discusses how several female employees at SpaceX say its founder Elon Musk showed them an unusual amount of attention or pursued them. Plus, U.S. travelers can now renew their passports online. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

NerdWallet's MoneyFix Podcast
Learn How Random Investments Can Outperform Managed Funds

NerdWallet's MoneyFix Podcast

Play Episode Listen Later May 29, 2024 18:17


Learn why randomly choosing individual stocks can beat expert investing strategies — and what that means for your portfolio. Can random stock picks outperform Wall Street professionals? What kind of portfolio returns can low-cost index investing drive? Hosts Sean Pyles and Anna Helhoski delve into the astonishing results of a dart-throwing experiment by Wall Street Journal columnist Spencer Jakab and his team, which pitted random stock selections against high-profile hedge fund picks. The hosts explore this intriguing setup and its outcomes, offering actionable insights into the power of simple, low-cost index funds and ETFs over expensive investment managers. Their insights are intended to offer a better understanding of the practicality of low-cost index funds, the importance of maintaining a diversified portfolio, and the pitfalls of frequent market adjustments. Then, Sean and Anna delve into the latest financial headlines, including findings from the Federal Reserve's Economic Well-Being of US Households report for 2023, April's drop in home sales, and Google Flights adding Southwest Airlines fares to its search results. In their conversation, the Nerds discuss: index funds, investment strategies, stock market, ETFs, dart-throwing experiment, investing tips, low-cost investing, financial wellbeing, active vs. passive investing, hedge funds, portfolio diversification, The Wall Street Journal, stock picks, investment success, random stock selection, economic well-being, smarter investing, outperforming the pros, investment managers, A Random Walk Down Wall Street by Burton Malkiel, stock listings, mutual funds, stock performance, financial journalists, retirement savings, financial stress, household income, emergency expenses, high mortgage rates, affordable housing, home sales, previously owned homes, Google Flights, Southwest Airlines, travel expenses, airfare comparison, financial education, money management, financial planning, investment portfolio, stock market analysis, market adjustments, investment risks, and diversification benefits. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

The Journal.
Can Chinese Customers Rescue Starbucks?

The Journal.

Play Episode Listen Later May 9, 2024 17:28


Starbucks has a problem: Sales at U.S. stores have fallen sharply and now the company is looking to China, its second biggest market, to boost its revenue. But as WSJ's Spencer Jakab explains, increased competition there is making that a tall order.  Further Reading: -Starbucks Is Running Out of Americans to Drink Its Expensive Coffee  -The Furious Race for the Future of Coffee Further Listening: -The Underdog Coffee Bean That's Making a Comeback  Learn more about your ad choices. Visit megaphone.fm/adchoices

Nightside With Dan Rea
Nightside News Update 5/3/24

Nightside With Dan Rea

Play Episode Listen Later May 4, 2024 39:53 Transcription Available


We begin the program by bringing you four news segments with different guests on the stories we think you need to know about!In this hour, we're joined by Dr. Rachel Monárrez, Chris Lisinsk, Jan Goss, and Spencer Jakab. Ask Alexa to play WBZ NewsRadio on #iHeartRadio

WSJ What’s News
Fed Holds Rates Steady, Extends Wait-and-See Stance

WSJ What’s News

Play Episode Listen Later May 1, 2024 13:32


P.M. Edition for May 1. The Federal Reserve is holding interest rates steady, acknowledging recent inflation setbacks. Heard on the Street editor Spencer Jakab explains. And BlackRock begins offering 401(k) retirement plans with a monthly check. Markets reporter Jack Pitcher has more. Plus, Arizona's legislature votes to repeal the state's nearly total ban on abortions. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ's Take On the Week
Tale of Two Feds: Will Interest Rates Drop and is FedEx a Tech Company?

WSJ's Take On the Week

Play Episode Listen Later Mar 17, 2024 21:37


This week, the Federal Open Market Committee (FOMC) is expected to release another interest rate decision. Will the Federal Reserve's statements move the markets and disrupt the bullish momentum in the stock market? Torsten Slok, partner and chief economist at Apollo Global Management, joins us to share what specific phrases from the FOMC may indicate when rate cuts will come and gives us a hot take of his own about what the Fed's decision will be. Then, we're turning our attention to FedEx's earnings report expected on Thursday. The company has marketed new technologies in their business strategies, such as providing integral data from packaged delivery services that may excite investors. WSJ reporter Esther Fung and Heard of the Street editor Spencer Jakab join to explain how companies leaning into ‘tech' branding can affect their stocks and what they're looking to hear on this week's earnings call. Finally, we're turning up the volume on music royalties becoming asset-backed securities. WSJ's Los Angeles bureau chief Sarah Krouse joins to share why musicians like Bruce Springsteen are getting big deals from investors and what it means for markets. How can we better help you take on the week? We'd like to hear from you. Send us an email to takeontheweek@wsj.com.

WSJ's Take On the Week
What Third-Quarter Earnings Tell Us About What's Next for Markets

WSJ's Take On the Week

Play Episode Listen Later Nov 26, 2023 18:27


About 95% of companies in the S&P 500 have reported third-quarter earnings. So this week, we're having a roundtable conversation to discuss what we learned from the latest quarter and what the earnings reports tell us about where the market is and where it's heading. WSJ's Heard on the Street editor Spencer Jakab and reporter Justin Lahart join us to explore those ideas and more. Then, we're turning our attention to Dubai where the 28th annual United Nations Conference of the Parties, or COP 28, is kicking off this Thursday. The conference is all about governments coming together to agree on policies to address climate change. WSJ climate finance reporter Amrith Ramkumar explains why this year's conference is welcoming oil giants like Exxon Mobil and Chevron, and why you could see some big market moves for the next two weeks. We want to know what you've been wondering about the economy, companies, stocks, bonds, or markets in general. Send us a note or a voice-memo recording to takeontheweek@wsj.com or leave a voicemail at (212) 416-3489.  Further Reading Breaking Down the Best Earnings Quarter in a Year  Big Oil Producer Lines Up African Carbon Deals Ahead of Climate Talks  Nations Keep Upping Fossil-Fuel Production Despite Climate Pledge  For more coverage of the markets and your investments, head to WSJ.com. 

WSJ What’s News
Israel-Hamas War: Your Questions Answered

WSJ What’s News

Play Episode Listen Later Nov 11, 2023 17:29


Special Edition for Nov. 11. We've been asking our listeners what they want to know about the war in Gaza. In this special edition of What's News, we'll answer some of those questions, covering the situation on the ground and the wider ramifications of the war with Shayndi Raice, our deputy bureau chief for the Middle East and North Africa; Yaroslav Trofimov, our chief foreign-affairs correspondent; and Spencer Jakab, our global editor of Heard on the Street. Annmarie Fertoli and Luke Vargas host. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Acquirers Podcast
Value After Hours S05 E38: WSJ's Spencer Jakab on The Revolution That Wasn't: GameStop and Reddit

The Acquirers Podcast

Play Episode Listen Later Oct 23, 2023 60:33


Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. See our latest episodes at https://acquirersmultiple.com/podcast We are live every Tuesday at 1.30pm E / 10.30am P. About Jake: Jake is a partner at Farnam Street. Jake's website: http://farnam-street.com/vah Jake's podcast: https://twitter.com/5_GQs Jake's Twitter: https://twitter.com/farnamjake1 Jake's book: The Rebel Allocator https://amzn.to/2sgip3l ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Website: https://acquirersmultiple.com/ Firm: https://acquirersfunds.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

New Retirement Radio with Dennis Prout Podcast
Episode 335 - Economic News to Relate to!

New Retirement Radio with Dennis Prout Podcast

Play Episode Listen Later Oct 1, 2023 43:00


On our August 10 New Retirement Radio show, a caller asked about a recent article by Ray Dalio in The Wall Street Journal. Dalio has written and spoken extensively about the economy, including his November 2021 book, Principles for Dealing with the Changing World Order, which I think is a research masterpiece and have discussed on previous radio shows. The caller's question piqued my interest in revisiting Dalio, so today we will discuss his take on the current economic situation as discussed by Spencer Jakab in the August 12 issue of The Wall Street Journal. Given Dalio's experience in running the world's largest hedge fund, we think you'll find his comments pertinent and interesting. Then Heidi will weigh in on saving and planning for retirement by Generation Xers (people born between 1965 and 1980). Given their unique challenges, the advice may be helpful to us all in planning through our own set of circumstances. And Deann will share all stats wise and wonderful to add to the conversation! Tune in and take control!

Forward Guidance
GameStop, Citadel, And The Fleecing Of Small Investors | Spencer Jakab

Forward Guidance

Play Episode Listen Later Sep 26, 2023 91:33


Spencer Jakab, editor of Heard On The Street for The Wall Street Journal, joins Forward Guidance to share what he learned writing his latest book, “The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors.” Jakab and Farley discuss meme-stock mania in all its aspects: the outwitting of hedge funds by individual investors, the transformation of r/WSB from a trading club to a “movement,” the shameless promotion by influencers, and the tallying of who ultimately got rich. Filmed on September 19, 2023. Spencer's book: https://www.penguinrandomhouse.com/books/690543/the-revolution-that-wasnt-by-spencer-jakab/ Spencer's book on Amazon: https://www.amazon.com/Revolution-That-Wasnt-GameStop-Investors/dp/0593421159 Follow Spencer Jakab on Twitter https://twitter.com/Spencerjakab Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Timecodes: (00:23) Fleecing Of Small Investors (16:40) Problems At The Clearinghouse (31:13) Gamma Squeezes via Out-of-the-Money Short-Dated Call Options (38:19) Who Was Still Short? (51:02) The r/wsb Strategy Become A Movement (56:28) The Influencers: Dave Portnoy, Chamath Palihapitiya, and Jack Farley (01:06:10) The Theories Of Conspiracy (01:13:44) How To Beat Wall Street (Actually) -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

WSJ What’s News
Should Markets Worry About the U.S. Credit Downgrade?

WSJ What’s News

Play Episode Listen Later Aug 2, 2023 17:19


P.M. Edition for Aug. 2. Market reaction to the U.S. credit downgrade has been relatively muted. Spencer Jakab, global editor for the WSJ's Heard on the Street column, says fiscal strains will get harder to ignore. Plus, private-equity and hedge funds are bracing for an overhaul by the Securities and Exchange Commission. SEC reporter Paul Kiernan has the details. And, legal affairs correspondent Jan Wolfe explains why the Justice Department is on trial, too, as it prosecutes former President Donald Trump. Annmarie Fertoli hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices

My Worst Investment Ever Podcast
Spencer Jakab – Don't Take Investment Tips from People

My Worst Investment Ever Podcast

Play Episode Listen Later Jun 21, 2023 45:59


BIO: Spencer Jakab is the global editor of the Wall Street Journal's financial and economic analysis column, Heard on the Street. Prior to becoming a financial journalist 20 years ago, he was a top-rated emerging market stock analyst.STORY: Spencer took investment advice without doing due diligence and ended up losing his entire investment.LEARNING: Don't take investment tips from people; do your due diligence. Diversify your portfolio. Don't invest more than you can lose. “Don't take investment tips from people because those who tell don't know, and those who know, don't tell.”Spencer Jakab Guest profileSpencer Jakab is the global editor of the Wall Street Journal's financial and economic analysis column, Heard on the Street. Prior to becoming a financial journalist 20 years ago, he was a top-rated emerging market stock analyst. He has written two books, the most recent being “The Revolution That Wasn't,” about novice investors caught up in GameStop mania.Worst investment everSpencer moved to Hungary in the early 90s because he was very excited about all the changes due to the fall of the Berlin Wall and the opening up of the Eastern European region. Spencer wanted to make money and also see history being made.After writing to many investment banks looking, he got a couple of interviews with local accountants and banks. Spencer accepted a job as a country analyst in Hungary. He had no idea what he was doing.The job was to meet fund managers who were wealthy, nicely dressed, and suave, talking about all these things they had done and how much money they'd made from various investments. He thought they were so clever and believed that if he followed their lead, he'd be rich too. At the time, Spencer had saved $5,000. He invested half the money in a Southeast Asia fund and the other half in a US bond fund. The market became bearish, and Spencer lost most of his investment.Later, Spencer met a suave, sophisticated fund manager who convinced him to invest in a Canadian company. The company made permanent magnets. The company had a PE ratio of about nine, which is very low. Spencer looked the company up and read the annual report. He still couldn't figure out what a permanent magnet was, but it sounded impressive and very high-tech. The company also had all these PhDs working for them. So Spencer decided to invest in it. He also told his good friend about it, who also invested.Some time went by, and one day as Spencer read the newspaper, he came across a story of how the FBI had raided the offices of the magnet company. The company was run by Russian mobsters and was just a front. Obviously, the stock went to zero after the expose. Spencer and his friend lost all their investment.Lessons learnedDon't take investment tips from people; do your due diligence.Do your own research.Diversify your portfolio.Only invest what you can lose.If you want to be a stock picker, do it with a small amount of your money.Invest in diversified, low-cost funds, hold for the long term, and don't try to time the market. You'll do better than 85% of fund managers over any 10-year period.Andrew's takeawaysOnly buy a stock recommended by a person after researching it.Focus on taking care of yourself, but be very careful about starting to promote something to other people because...

The Gold Exchange Podcast with Keith Weiner
Ep 59 - Spencer Jakab: Meme Stonks and Manic Markets

The Gold Exchange Podcast with Keith Weiner

Play Episode Listen Later Apr 24, 2023 82:52


Spencer Jakab joins the Gold Exchange Podcast to explore the meme stonk craze, lessons for investing in volatile markets, and why Wall Street's dominance hasn't been toppled. Is the reverse Jim Cramer fund better than listening to Jim Cramer? Will AI revolutionize finance? Can markets handle veganism? Keith and Spencer give their thoughts on this investing-themed podcast.

Stocks for Beginners
Spencer Jakab from the Wall Street Journal | The Revolution That Wasn't

Stocks for Beginners

Play Episode Listen Later Apr 11, 2023 45:16


If you don't know who the sucker is at the poker table it's you. I was joined in this conversation by Wall Street Journal reporter Spencer Jakab. His latest book is “The Revolution That Wasn't: GameStop, Reddit and the Fleecing of Small Investors.” The frenzy in meme stocks in 2021 was perceived as a Robin Hood style raid on Wall Street. Reddit forums filled with young men holding "diamond hands" taking down the financial industry. The truth was far more nuanced. We also took a detour to look at insider trading by members of Congress.Spencer Jakab writes for and edits the Heard on the Street Column at The Wall Street Journal. He was Deputy Editor between 2015 and 2019 and wrote the Journal's daily investing column, Ahead of the Tape, for four years before that. Spencer spent four years at Britain's Financial Times writing the “Lex” and “On Wall Street” columns and got his start in financial journalism at Dow Jones Newswires where he was part of a SABEW-winning team covering energy markets. Spencer is the author of two books on the plight of individual investors, both published by the Portfolio imprint of Penguin Random House. “Heads I Win, Tails I Win: Why Smart Investors Fail and How To Tilt the Odds in Your Favor” (2016) and “The Revolution That Wasn't: GameStop, Reddit and the Fleecing of Small Investors.” His first career was in finance where he spent years as a top-rated emerging market stock analyst. He lives in New Jersey with his wife and three sons.Find out more at the blog post: https://www.stocksforbeginners.net/blog/jakabHere's a link to the book: The Revolution That Wasn't: Gamestop, Reddit, and the Fleecing of Small Investors by Spencer Jakab (goodreads.com)Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/stocksforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Stocks for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

Colloquium
The Revolution That Wasn't with Spencer Jakab

Colloquium

Play Episode Listen Later Mar 8, 2023 52:20


How has technology impacted modern finance and created an asymmetrical relationship between Wall Street and individual investors? In this episode, we speak with Spencer Jakab, the author of The Revolution That Wasn't and editor of the Wall Street Journal's Heard on the Street column. Spencer dives into the differences between Wall Street and a casino, outlines the risks of being an active investor on Wall Street, and looks at how technology has created an environment where trading stocks is no longer expensive. He emphasizes the importance of long-term investing with tools such as index funds or compound interest to build wealth without playing 'the game'. Let's dive in![00:01 - 07:00] Opening Segment• From Wall Street Trader to Financial Journalist: Spencer Jacob's Journey • How he learned about finance and got a job in emerging markets• Introducing The Revolution That Wasn't[07:01 - 13:40] Examining the GameStop Revolution• How the pandemic provided Spencer an excellent opportunity to start a side project• The genesis of the book • The GameStop stock surge• The initial headlines about the GameStop surge[13:41 - 20:37] Exploring the 'Meme Stock' Phenomenon• The story about meme stocks • Meme stocks went way beyond their fundamental value• Examining the meme stock squeeze• Short selling is a legitimate practice where people bet against stocks without owning them[20:38 - 27:44] Wall Street: Not a Casino, But a Place to Build Wealth • Young Reddit traders made money, but they were net contributors to already rich people• Wall Street is mainly made up of intermediaries who are not taking risks with their own money• Wall Street is not a casino, but it can be marketed as one • The correlation between the level of activity and returns[27:45 - 35:01] The Revolution That Wasn't• Trading used to be expensive, but technological change has democratized finance• The "zero price effect." • People consume more of something when it is free• The pandemic caused record volatility in the stock market, leading to an increase in trading activity[35:02 - 42:16] The Missed Opportunity• From the bear market low to one year after, 96% of American stocks rose• Stocks that were popular in Robinhood did better than more established stocks• The credibility of older, wiser investors vs. the success of younger, social media-savvy investors • The gamification of investing[42:17 - 52:20] Closing Segment• How to beat Wall Street and participate without playing the game• Technology has lowered the cost of investing, allowing for more market participants• Wall Street can be a place to build wealth over the decades with the right approach.Want to connect with Spencer? Head to his website to learn more about his work!Key Quotes:"What's money for, if not to give you the freedom to do something you really wanna do." - Spencer Jakab"If it's free, it means you are the product." - Brian Adams“The most successful individual investors tend to be those who sit back and let things develop.” - Spencer JakabDownload our FREE Strategizing for Inflation Guide here:

Afford Anything
What We Learned in 2022

Afford Anything

Play Episode Listen Later Dec 29, 2022 89:31 Very Popular


#420: Harvard professor Arthur Brooks described two types of intelligence – and explained, in scientific terms, the wisdom that comes with age. Dr. Ellen Vora, M.D., shared insight into the roots of procrastination, offering evidence-based tips for how to overcome our own inner demons of anxiety, fear and laziness. Psychology professor Bill von Hippel described why too much happiness is just as detrimental to our long-term health and wellbeing as too little happiness. Wall St. Journal columnist Spencer Jakab observed the perfect storm of conditions that gave rise to meme stonks and other oddities of our era. Former financial planner Joe Saul-Sehy argued for “strategic under-diversification” and explained the Sharpe Ratio. Data scientist Nick Maggiulli explains the save-invest continuum. And financial planner Bill Bengen, the creator of the 4 percent retirement withdrawal rule, talks about what most people misunderstand about the safe withdrawal rate. These are just some of the highlights from the Afford Anything podcast in this 2022 year-in-review episode. Enjoy! For more information, visit the show notes at https://affordanything.com/episode420 Learn more about your ad choices. Visit podcastchoices.com/adchoices

WSJ What’s News
Why a Banner Year for Stock Buybacks Fizzled

WSJ What’s News

Play Episode Listen Later Nov 22, 2022 16:38


A.M. Edition for Nov. 22. A looming U.S. tax on share repurchases was supposed to inspire a 2022 buyback bonanza that some predicted to cross the $1 trillion threshold. WSJ Heard on the Street editor Spencer Jakab explains why that hasn't transpired.Luke Vargas hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Lead-Lag Live
GameStop Began The Bear Market With Spencer Jakab

Lead-Lag Live

Play Episode Listen Later Nov 22, 2022 45:48


The Everything Bear Market started within weeks of the GameStop spike.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreport                        Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.                         Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.                         The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)

The Rational Reminder Podcast
A Financial Goals Master List (n=310) (EP.223)

The Rational Reminder Podcast

Play Episode Listen Later Oct 20, 2022 66:27


We recently created and conducted a very interesting survey based on financial goals, and today, we get to share some of the data we collected and the answers that were given to the questions. Although there are some definite limitations to our expertise as surveyors and data collectors, the findings are most definitely illuminating, surprising, and useful. Listeners will get to hear a bit about the process of building the survey as well as some of the raw numbers and data before we get into the list of goals that were submitted, collated, and ranked. We also share some of the ways that these were split across demographics such as age and gender. Apart from this focus on the survey, we share some thoughts on Eat the Rich, Coin, and The Next Millionaire Next Door, and finish off the show with some very impactful letters from listeners that we have received recently.   Key Points From This Episode:   Thoughts on the new Netflix show, Eat the Rich, and the story of GameStop. (0:01:58) What to expect on the podcast in November during Canadian Financial Literacy Month. (0:05:17) Reflections on the new film, Coin, and the founding of Coinbase. (0:08:08) Introducing the results from our recent survey on goals. (0:11:23) The process of building the survey and the questions we included. (0:18:22) A look over the basic data of the survey. (0:22:27) Popular objectives from the survey and how these were split across different demographics. (0:23:17) The answers that were given in relation to each specific question. (0:28:02) Developing best practices for goal setting for an advisor environment. (0:30:17) Limitations to our expertise in designing this survey and analyzing the data. (0:32:43) Running through the complete list of goals in order. (0:34:29) Introducing this week's book discussion on The Next Millionaire Next Door. (0:39:46) Standout findings from the research that was conducted for the book. (0:44:00) Utilization of an 'expected net worth test' in the book. (0:49:50) A look at some of the listener messages we have received lately. (0:52:29)     Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/?hl=en Rational Reminder on YouTube — https://www.youtube.com/channel/ The Next Millionaire Next Door — https://www.amazon.com/Next-Millionaire-Door-Enduring-Strategies/dp/1493035355 Eat the Rich — https://www.imdb.com/title/tt14036920/ Katy Milkman — https://www.katymilkman.com/ Spencer Jakab — https://www.wsj.com/news/author/spencer-jakab The Revolution That Wasn't — https://www.penguinrandomhouse.com/books/690543/the-revolution-that-wasnt-by-spencer-jakab/ Robinhood — https://robinhood.com/us/en/ Episode 217 — https://rationalreminder.ca/podcast/217 Coin — https://www.imdb.com/title/tt21622988/ 'Generating Objectives' — https://repository.library.georgetown.edu/handle/10822/707941 Ayelet Fishbach — https://www.ayeletfishbach.com/ Chris Hadfield — https://chrishadfield.ca/ The Millionaire Next Door — https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Stolen Focus — https://www.amazon.com/Stolen-Focus-Attention-Think-Deeply/dp/0593138511 David Senra — https://whatgotyouthere.com/portfolio/304-david-senra/ Tom McHugh YouTube Video — Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/ Benjamin on Twitter — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on Twitter — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/

Crazy Money with Paul Ollinger
Robinhood, Wall Street Bets, and the GameStop Stock Frenzy with Spencer Jakab - S4 Ep10

Crazy Money with Paul Ollinger

Play Episode Listen Later Sep 27, 2022 47:35


Spencer Jakab is the editor of The Wall Street Journal's Heard on the Street column and the author of a fascinating new book called The Revolution That Wasn't: Gamestop, Reddit, and the Fleecing of the Retail Investor. In January of 2021, a large group of small investors from the WallStreetBets subreddit rallied around the stock of video game retailer GameStop, which they believe had been unfairly attacked by short-selling hedge fund Melvin Capital. The subsequent and totally unexpected rally in the stock made millions for several WallStreetBets members and crippled Melvin Capital which was lost up to a billion dollars *per day* during the worst of the short squeeze. On this week's episode, Spencer and I talk about the perfect storm of market, societal, and technological factors that catalyzed the Gamestop phenomenon, why the Robinhood stock trading app (which played a major role in this whole scenario) was designed to function exactly like a sports gambling app. We talk about how WallStreetBets and Robin Hood “investors” are different from boring old etrade or Schwab customers like me, the difference between investing and gambling and lastly, what Melvin Capital's profound losses mean for hedge fund managers in the future. That is, in addition to market, political, and climate-based factors, these hedge fund managers also have to take into consideration the potential madness of crowds.

Masters in Business
Spencer Jakab on the Death of Meme Stocks

Masters in Business

Play Episode Listen Later Jul 8, 2022 87:11 Very Popular


Bloomberg Radio host Barry Ritholtz speaks with the Wall Street Journal's Spencer Jakab, author of “The Revolution That Wasn't: GameStop, Reddit and the Fleecing of Small Investors.” Jakab, who edits the Journal's Heard on the Street column, also wrote “Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor.”  See omnystudio.com/listener for privacy information.

Open to Debate
Agree to Disagree: Can Small Investors Beat The Street?

Open to Debate

Play Episode Listen Later May 13, 2022 53:34


In a modern-day battle of David and Goliath on Wall Street, thousands of amateur retail investors banded together to bid up stocks in a handful of failing companies, most notably the nostalgic video game hub known as GameStop. Within days, the renegade traders sent stocks soaring and dealt heavy blows to hedge funds and other traditional professional investors who had bet against the companies. The "meme stock" phenomenon was born. But where does "revolution" stand a year later? Did the amateurs—trading mostly on the Robinhood platform—change the world of finance? Should more "ordinary" investors get into the game? Or will that benefit Wall Street at the little guy's expense?     In this "Agree to Disagree," the Wall Street Journal's Spencer Jakab and Tastytrade co-founder Tom Sosnoff take on the meme stock debate head-to-head.   Learn more about your ad choices. Visit megaphone.fm/adchoices

The Problem With Jon Stewart
Reporter Called Jon Out, So We Called Him Up

The Problem With Jon Stewart

Play Episode Listen Later Mar 10, 2022 66:26


Last week's episode of our Apple TV+ show took on the stock market, GameStop, and the Robinhood app. Spencer Jakab, an editor with The Wall Street Journal, took to Twitter to vent his disagreements with it. So we invited him on the podcast (we're gluttons for punishment) to talk it out. Jon is also joined by writers Kris Acimovic and Kasaun Wilson to talk about rising gas prices and why comedy clubs are the only landmarks comedians know.What did you think of our episode? Call in your questions or comments to our hotline: 1-212-634-7222.To watch our climate episode, visit https://apple.co/TheProblem-ClimateChangeCREDITSHosted by: Jon StewartFeaturing, in order of appearance: Kris Acimovic, Kasaun Wilson, Spencer JakabExecutive Produced by Jon Stewart, Brinda Adhikari, James Dixon, Chris McShane, and Richard Plepler.Lead Producer: Sophie EricksonProducers: Caity Gray, Robby SlowikAssoc. Producer: Andrea BetanzosSound Designer & Audio Engineer: Miguel CarrascalSenior Digital Producer: Kwame OpamDigital Coordinator: Norma HernandezSupervising Producer: Lorrie BaranekHead Writer: Kris AcimovicElements: Kenneth Hull, Daniella PhilipsonTalent: Brittany Mehmedovic, Haley DenzakResearch: Susan Helvenston, Andy Crystal, Anne Bennett, Deniz Çam, Harjyot Ron SinghTheme Music by: Gary Clark Jr.The Problem With Jon Stewart podcast is an Apple TV+ podcast, produced by Busboy Productions.https://apple.co/-JonStewart

The James Altucher Show
816 - What the H&LL happened to the Meme Stock Squeeze? With Spencer Jakab

The James Altucher Show

Play Episode Listen Later Jan 27, 2022 78:42 Transcription Available


In 2021, it's all about Covid, and then Gamestop Stock. Everywhere you go (or can't go), people are talking about Gamestop, AMC, Meme Stock, Wall Street bet, and Reddit!So, what happened? As I mentioned in the podcast, it's not that easy to short a stock, and sure as hell, it's not easy to pull off what Reddit had pulled off on Gamestop!Spencer Jakab, an award-winning financial journalist and a former top-rated stock analyst at Credit Suisse, came on to talk about his new book, The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors, and to share with us, what was going on behind the scene that made all this possible?Listen to the full episode, and tweet at me @jaltucher on tweeter to share your thought!My new book Skip The Line is out! Make sure you get a copy wherever you get your new book!Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts:Apple PodcastsStitcheriHeart RadioSpotify Follow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn