Overview Of The Week 5: Hungry Like A Wolf
Hi Multis!
We're back! There have been two weeks without an Overview Of The Week. Last week, I already missed it. But as there was no news, I postponed the OOTW to this week and while I had a very busy weekend this week, I feel hungry like a wolf to write this one! Let's go.
Visuals
This week, I made this meme. Well, I'm not sure it's a meme or not.
Of course, if school fails, you should do this yourself.
How do you do that? This might help you. Last year, our daughter's class had a day about ‘professions’. She was 9 then. She asked me to be one of the volunteer parents who talked about their profession. Of course, I wanted to do that. But I had to think quite a bit about how to explain stocks to such young children. This is what I came up with.
Memes Of The Week
There were some fine memes I wanted to share with you. Keep them coming on the Stonk Memes channel in our Slack group (if you are a paying member and not in our Slack community yet, you miss a lot of the interaction, so let me know if you want to join; it's included in your subscription).
This is the first one.
The second one is a prediction. Do you agree?
And this is a funny one about Tesla.
The last one this week is about how painful value investing has been for a long time now.
Interesting Podcasts Or Books
I had the honor of being an early reader of Vitaliy Katsenelson's new book. I finished it and I really loved it, although I also suggested some changes. When it comes out, I'll let you know. If you don’t follow Vitaliy on Substack yet, you can do that here.
I also started a new book, The Nvidia Way by Tae Kim. I'm almost halfway and I like it so far.
The markets in the past weeks
It's been a more extended period since the last update, so let's look at what the indexes did in the last few weeks.
As you can see, all indexes were down. The S&P 500 lost 1.75%, the Nasdaq 2.10% and the Russell 2000 dropped the most, 2.37%.
The Greed & Fear Index remained in Fear, close to Extreme Fear.
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