Discover video-sourced quotes by politicians

Whitney Tilson: “Cathie Wood and her Ark investment fund went down 80%.”

Featuring: Whitney Tilson, Democratic | Former Hedge Fund Manager, Candidate for New York City Mayor

Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson

Published December 11, 2023 | Video Starts at 52:03

But Berkshire's sort of a signature stock I've been following for decades, so I do talk about that one publicly to my free subscribers. And it really pounded the table. And sure enough, tech stocks completely blew up. Cathie Wood and her Ark investment fund went down 80%. and the S and P was flat and Berkshire was up 50% from there. So today I don't think Berkshire is sold off quite like that. (52:03–52:08)

CLAIM

Asserts that Cathie Wood's Ark investment fund decreased by 80%.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

Discover more from

Whitney Tilson

“The Magnificent Seven tech stocks have been almost entirely driving the entire stock market this year.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 28:25-28:50
“Meta has gone up three and a half times and the others have all soared as well.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 28:44-28:50
“Sales [of Bud Light] dropped by 30% almost immediately and still haven't really recovered.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 42:29-42:34
“This is the number one selling beer in America.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 42:34-42:39
“The S and P was flat and Berkshire was up 50% from there.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 52:08-52:13
“Kilimanjaro's the tallest mountain in Africa.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 24:54-24:59
“Kilimanjaro's one of the seven Summits.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 25:15-25:18
“I climbed it back in 1992 without too much difficulty.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 25:33-25:38
“Aconcagua in South America in Argentina is one of the seven peaks for South America.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 26:57-27:06
“Everest, of course, and that's, you know, the highest peak in the world.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 27:48-27:53
“I'm just not convinced that Tesla, the company is going to be able to generate the free cash flows to warrant its $780 billion market cap…”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 31:16-31:27
“Elon Musk is completely tone deaf to the antisemitism that pervades his site x Twitter.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 32:12-32:36
“When he's providing oxygen to white supremacists and anti supremacists, like, it's really bad.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 33:22-33:29
“I think these university presidents have generally not done a great job in combating antisemitism on their campus.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 36:50-36:56
“Corporations, I think, are running pretty darn scared these days. Exhibit A would be what happened to Bud Light, the number one selling beer…”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 41:34-41:44
“Corporations are definitely running scared.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 42:46-42:49
“Disney is interesting on the long side.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 45:07-45:12
“Nelson Peltz, the activist who's coming in there advocating for board seats.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 47:27-47:31
“Bob Iger's sort of telling [Nelson Peltz] to go jump in a lake at this point.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 47:30-47:34
“There's definitely a big cost cutting push that's happening [at Disney].”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 47:34-47:39
“Anheuser Busch Bud Light, that's a much more serious thing where sales of their number one product remains severely depressed.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 47:58-48:10
“Your product becomes associated with a radical left agenda item in the minds of those people.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 48:14-48:21
“There's a fair amount of debt [in Disney].”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 49:19-49:24
“Their espn, their television business. This is stagnant, declining, melting ice cube, perhaps.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 49:25-49:35
“They're sort of a strong number two, I'd say to Netflix, but a very distant number two.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 49:39-49:45
“Berkshire and financial stocks were, I don't know, up 25% or something like that.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 51:34-51:39
“I peg it today at about a 14% discount to intrinsic value.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 52:18-52:23
“GDP growth last quarter from 4.9 to 5.2%.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 54:40-54:44
“Unemployment, which remains at near 50 year low.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 54:51-54:56
“Mortgage rates at 7% feel incredibly high.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 55:29-55:34
“If the Fed starts cranking out quarter point cuts, they could do another 20 of those given where they're at today.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 56:05-56:15
“When Trump was president, Democrats thought the economy was much worse than it actually was and made them super bearish on stocks.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 59:31-59:41
“Now that Biden's president, the surveys and the data show that Republicans think that the economy's in much worse shape than it actually is…”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 59:40-59:53
“The US Is an incredibly large and prosperous country, that it's gone through loads of Democratic and Republican presidents over a long…”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 1:00:05-1:00:18
“There are countervailing forces from Congress and the courts, et cetera, that prevent either side from going off on too extreme a tangent.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 1:00:19-1:00:28
“We're in a world where all of us now are being manipulated in incredibly sophisticated and dangerous ways.”
Stansberry Investor Hour: Dan Ferriss and Cory McLaughlin Discuss Market Trends with Whitney Tilson | Uploaded December 11, 2023 | 1:01:05-1:01:14