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    Home»Investment»Animal Spirits: How to Pick the Winners
    Investment

    Animal Spirits: How to Pick the Winners

    By Staff WriterAugust 1, 20245 Mins Read
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    Posted July 31, 2024 by sean

    Today’s Animal Spirits is brought to you by YCharts and CME Group:

    YCharts Launches New Partnership with United Planners ...

    See here for the YCharts Advisor Pulse newsletter!

    See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you.

    On today’s show, we discuss:

    Listen here

    Recommendations:

    Charts:

    Tweets:

    HISTORIC: $VOO has broken the all-time annual inflow record for an ETF w/ $50.9b and IT’S STILL JULY. Unreal. Now of course, it could see outflows and un-break record but this Vanguard we talking about = 99% chance it hoovers up more cash Pac-Man style. Legit shot at $100b IMO. pic.twitter.com/yQg5RxkNc2

    — Eric Balchunas (@EricBalchunas) July 24, 2024

    Eating Too Much ‘Boomer Candy’ Can Lead to Decay in ETF Returns.. ha, nice headline from @psarofagis who found mostly an inverse correlation bt the yield of an equity ETF and their outperformance over the S&P. Highest yielders had lowest outperformance rates.. pic.twitter.com/7Hpw9OizLW

    — Eric Balchunas (@EricBalchunas) July 25, 2024

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    New balance ceo reveals over $6b in annual sales, making it the 4th biggest sneaker company by sales. He says growth has been fierce in the last 2 years and the business has doubled. (It’s a private company so we never really knew #s)

    — Sara Eisen (@SaraEisen) July 23, 2024

    A disingenuous take is when someone predicting economic collapse says “I hope I’m wrong, I would love to be proven wrong here.”

    — Morgan Housel (@morganhousel) July 27, 2024

    Ouch!

    Twitter’s revenue under Elon has fallen more than NINETY PERCENT:

    In Q2 2022, Twitter did $1.2 BILLION in revenue.

    This year in Q2 – Elon’s second controlling Twitter – it did $114 million.

    The last time Twitter revenue was that low in a quarter was Q1 2013!

    📉☠️ pic.twitter.com/YhPxJbtAgp

    — Compound248 💰 (@compound248) July 28, 2024

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