Show notes
Bakes’ Takes Podcast Show Notes Saturday, July 10, 2021 :24 Why I do this—Bobby, Jack, please listen in. ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you. Anonymous, NY—Rental Property? No rush. Vs. earn nothing in the bank. BT Invest in themes, trends on top 401(k) SPX, int’l, stay in market Debt down? Don’t have debt 72-75 Real Estate Term Insurance Take care of loved onesCash, Gold, Bitcoin 6 mos. liquid, inflation/deflation Real estate clearly way to wealth. Live in and have tenants pay your mortgage. Illiquid, leveraged. Market hot. Make sure you want to live in it own next 10 years. Mr. Fernandez, YouTube Bakes’ Take—Cut losses, let winners run, short SPAC’s/SOGU very promising Bakes’ Takes-Gray Swan, new segment WSJ, Elaine Yu--50-year old man stabbed cop who survived, then stabbed himself in the heart. Reminds me of The Godfather/Cuba. Tiananmen Square II coming? China’s response then U.S./World response to China? https://www.youtube.com/watch?v=Ae_owwtZJl8Viva Fidel! Bakes’ Take—Podcasts of the Week! https://podcasts.apple.com/us/podcast/e39-west-coast-super-drought-climate-crisis-nuclear/id1502871393?i=1000528321580 https://podcasts.apple.com/us/podcast/didi-to-doughnuts-and-an-interview-with-meredith-whitney/id1545205930?i=1000527661333 https://podcasts.apple.com/us/podcast/stop-worrying-learn-to-love-debt-bomb-tony-dwyer-canaccord/id1545205930?i=1000526822595Tony Dwyer 34 minutes, take away taper at same time infrastructure bill increases debt, rates up, 45 minutes cannabis CT RI 19 states now, 36 medical Bakes’ Take—Uranium is ESG! China is a Gray Swan. Rates still likely up 2H. Cannabis is like alcohol stocks post Prohibition. Bakes’ Take—Reporters of the Week! And, indeed, turbulence, or worse, could lie ahead, Michael Burry told our colleague Connor Smith. Burry, a key player in both the book and film versions of The Big Short, won a fortune by betting against the housing market before the subprime mortgage collapse. More recently, he was an early bull on Gamestop (ticker: GME), but took his profits in 2020’s fourth quarter before the frenzy around the original meme stock took off. Now he’s warning that the craze will end in tears. “I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” he told Connor in an email. “We’re running out of new money available to jump on the bandwagon.” Bakes’ Take—Charts/Tweets/Posts of the Week! Bakes’ Takes- Bakes’ Take— Newsletters of the Week 37:16 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to [email protected] or write if you prefer. I will also keep you anonymous is you’d like. Thank you for listening, Mike Wilson is my producer. Have a great week. Bakes Bakes’ Beacons—Everyday Heroes Much-needed levity… https://www.youtube.com/watch?v=c86Ytt0gmE8

