The Stock Market Sell Off Continues

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Published 2024-07-18
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00:00 Intro
02:00 Portfolio Update
09:52 Market Sell Off
12:20 Netflix Earnings Report
18:44 Online Sales Record
20:12 Ken Griffin Buys Stegosaurus

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About Joseph Carlson:

I am not a professional investor and have never claimed to be. I'm an amateur investor sharing my experience of what I've learned, where I have had success, and where I've had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call "compounders". I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, and timeline, and overall circumstan

All Comments (21)
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  • @Miggy315
    Came for the valuations, stayed for the paleontology lesson
  • When Joseph's little bit of buying power exceeds my entire portfolio like 3 times...
  • @danudesh8331
    How much was the tax implications with your Chipotle sale? Do you consider it when sell your holdings?
  • @guerro327
    I stopped going to Chipotle because the store was always filthy and I never saw the same employee more than once.
  • I’m in the restaurant industry. Way too much competition out there. Pizza has way too much competition. Every gas station sells pizza now that is way cheaper than the regular pizza chains. Chipotle is over saturating their own market. They have open two within less than two miles of each other. The older one has very very poor service but great location. New one is in poor location and just doesn’t make sense. The older one just need a real management team. When I say older it’s less than 6 years old. Not that you care but I agree with your decision to get out of chipotle. I believe you are good with Texas Roadhouse but I’d try to stay away from restaurants. Too much competition no moat unless you are Chick-fil-A which isn’t publicly traded. I always enjoy your content! Learn a lot Thank you!
  • I made a large deposit today to buy more shares in my index fund. I like buying dips.
  • @Boblol126
    Bought more Mastercard on a whim 🤷‍♂️
  • @BananaXG
    Starbucks will continue to do poorly as long as Howard Schultz isn't running it. The culture isn't there without him.
  • @mmullen04
    Those tall bones on the stegosaurus are similar to osteoderms on alligators and help to warm the body of such a large animal. Essentially a form of solar panel for the animal
  • @theegress3131
    Can you possibly review value companies like Markell as a specific example. They currently trade around an 8 P/E
  • @michaelswami
    Thought Netflix was going to stop reporting subscriber growth. I guess they meant only if it’s poor.
  • @TomJones-wm4ro
    I’m always buying. When you own good companies you don’t stop buying. Double down when the market dips
  • @mario3454
    You’re going to rebuy Chipotle in the future when it’s higher.