SEASON 01 – EPISODE 08
Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets.
If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps, underneath the embedded video below.
In addition to the embedded video above, there is also an audio player at the bottom of this page
Rule #1 in investing: DO NOT BLOW UP!
It is ok to miss some short term gains in order to avoid big draw downs.
This also means that sometimes the best thing to do is nothing. However, this can also be the hardest thing to do.
Especially when markets are violently sideways and investors lack the attention span to objectively consider opposing views.
In that regard, Brent and Jon discuss the casualties of an economic cold war (and inevitable kinetic war) with China.
Plus, how clickbait blindness fuels tribalism, and the importance of time horizons when developing a narrative.
Perhaps the best way to sum up this episode might be in one quote:
“People don’t want to hear your opinion, they want to hear their opinion come out of your mouth.”
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CHAPTERS
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00:00 – Disclaimer
00:25 – Video intro (NEW shorter version)
00:55 – Host intros
01:10 – Brent is getting old
01:57 – More “violently sideways”
03:55 – Gold gains gone and miners mauled
04:48 – Traders vs Investors and avoiding the big drawn down
07:42 – Rule #1: Do not blow-up
09:08 – Who wins in an “Economic Cold War”?
12:21 – Zero attention span market tribalism
13:38 – Crypto fever and the dogma degens
14:40 – The inevitable kinetic War with China
16:20 – Starving out the enemy
17:40 – The inescapable “reality” of hard times
19:03 – Unpredictability and China’s need for control
20:35 – Iraq, The Chinese Yuan, and the end of the US Dollar Hegemony
25:50 – Clickbait blindness, time horizons, and the nuance of a narrative
29:48 – Fat Tuesday and internet fasting
30:12 – Salutations
30:35 – Outro / Disclaimer
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LEARN MORE
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Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets.
If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week.
For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all.
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JOIN THE MADNESS
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Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there!
Join us each week for another episode, released every Saturday morning Eastern Standard Time.
Until then, don’t be bashful, share with us any madness you come across during the week.
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CONNECT WITH US
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To make sure you always get your weekly dose of Madness, please subscribe to our YouTube channel @MilkshakesPod
You can follow Brent Johnson on Twitter at @SantiagoAuFund
You can follow Jon Kutsmeda on Twitter at @JonKutsmeda
More links to the show, including your favorite podcast feed, can be found on the SUBSCRIBE page of this website or via our Linktee.
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