Episode Details

The S&P 500 is up 14% & Wall Street is celebrating record highs. But beneath the surface, something very different is happening. A staggering 85% of S&P 500 stocks are trading at least 10% below their all-time highs, and some of America's biggest names have been smashed. Bryce & Ren unpack the invisible crash hiding behind the AI boom, explain why a handful of stocks drive most market returns, and explore Charlie Munger's 200-week moving average rule for finding opportunities. Plus, Australia's $44 billion Firmus IPO falls apart, Samsung's profits are exploding, and the boys share what they've learnt about the future of robotics from New York.

In this episode:

00:00 The Invisible Crash Hiding Behind Record Market Highs

02:30 Firmus Pulls Its $44 Billion IPO: What Went Wrong?

07:30 Wall Street Hits New Highs & AI Earnings Accelerates

11:41 Why 85% of S&P 500 Stocks Are Down

15:42 Which 4% of Stocks Drive Long-Term Market Returns

18:20 Charlie Munger's Long Term Investing Rule

21:01 Netflix, Nike & Other Beaten-Down Stocks

24:30 The Mag Seven: Which Stocks Are a Buying Opp?

Stocks & ETFs Mentioned: Maas Group (ASX: MGH), Woolworths (ASX: WOW), Coles (ASX: COL), Cochlear (ASX: COH), Argo Investments (ASX: ARG), SK Hynix (KRX: 000660), Samsung Electronics (KRX: 005930), The Trade Desk (NASDAQ: TTD), AppLovin (NASDAQ: APP), Fair Isaac Corporation (NYSE: FICO), CoStar Group (NASDAQ: CSGP), Lululemon Athletica (NASDAQ: LULU), Intuit (NASDAQ: INTU), McDonald's (NYSE: MCD), Netflix (NASDAQ: NFLX), Starbucks (NASDAQ: SBUX), Walmart (NASDAQ: WMT), Home Depot (NYSE: HD), Boeing (NYSE: BA), Intel (NASDAQ: INTC), General Electric (NYSE: GE), IBM (NYSE: IBM), Apple (NASDAQ: AAPL), Nike (NYSE: NKE), Warner Bros. Discovery (NASDAQ: WBD), Pfizer (NYSE: PFE), PepsiCo (NASDAQ: PEP), Procter & Gamble (NYSE: PG), PayPal (NASDAQ: PYPL), Salesforce (NYSE: CRM), Oracle (NYSE: ORCL), Adobe (NASDAQ: ADBE), United Parcel Service (NYSE: UPS), Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA)

———

Want to get involved in the podcast? Record a voice note or send us a message

And come and join the conversation in the Equity Mates Facebook Discussion Group.

———

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

Keep up with the news moving markets with our daily newsletter and podcast (Apple | Spotify)

We’re particularly excited to share our latest show: Basis Points

Listen to the podcast (Apple | Spotify)

Watch on YouTube

Read the monthly email

———

Looking for some of our favourite research tools?

Download our free Basics of ETF handbook

Or our free

Listen Now