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Cliff Notes: BEST PERFORMING STOCKS THAT NO ONE KNOWS · Earn Your Leisure

• 0:00
  Speaker 1: Coach, the energy out there felt different. What changed for
• 0:03
  Speaker 1: the team today?
• 0:03
  Speaker 2: It was the new game day scratches from the California
• 0:06
  Speaker 2: Lottery players.
• 0:07
  Speaker 3: Everything. Those games sent the team's energy through the roof.
• 0:09
  Speaker 1: Are you saying it was the off field play that
• 0:11
  Speaker 1: made the difference on the field.
• 0:13
  Speaker 3: Hey, little play makes your day, and today it made
• 0:15
  Speaker 3: the game. That's all for now, Coach, one more question.
• 0:18
  Speaker 1: Play the new Los Angeles Chargers, San Francisco forty nine
• 0:21
  Speaker 1: ers and Los Angeles Rams scratchers from the California Lottery.
• 0:25
  Speaker 1: A little play can make your day. Peace made responsibily.
• 0:28
  Speaker 1: You must be eighteen years or older to purchase late
• 0:29
  Speaker 1: or claim.
• 0:30
  Speaker 4: Maybe ask you if I saw something on your on
• 0:32
  Speaker 4: your Instagram that was extremely interesting.
• 0:35
  Speaker 3: Ao Smith Corporation kickers I got, I got, I got
• 0:44
  Speaker 3: new stocks for this year. I haven't even talked about
• 0:46
  Speaker 3: these anywhere. Aosmith I talked about publicly, but I got
• 0:50
  Speaker 3: other ones. Uh. Listen, we're under housed in this country.
• 0:54
  Speaker 3: You guys have tons of real estate people. Come on
• 0:56
  Speaker 3: and you have mortgage people, you have home builders, and
• 1:01
  Speaker 3: so you guys know this. We really don't have enough houses.
• 1:06
  Speaker 3: The up and coming home buying generation, they don't want
• 1:10
  Speaker 3: to buy these pieces of shit from the nineteen sixties
• 1:13
  Speaker 3: that my parents' generation is trying to sell them. They
• 1:16
  Speaker 3: want new houses. They don't want to renovate sixty year
• 1:19
  Speaker 3: old houses. We got to build more houses. Everyone knows this.
• 1:22
  Speaker 3: The problem is it's going to happen at a glacial
• 1:26
  Speaker 3: pace because how expensive it is to put up a
• 1:28
  Speaker 3: house right now. You can't find labor, you can't get appliances,
• 1:32
  Speaker 3: you can't get this, you can't get that. So there's
• 1:35
  Speaker 3: going to be I think a bull market in new housing. Like,
• 1:38
  Speaker 3: for as far as the eye can see, the most
• 1:40
  Speaker 3: common age to be in America right now, I think
• 1:43
  Speaker 3: is twenty nine or thirty. That's the year you buy
• 1:46
  Speaker 3: a house, like all the years around that, right That's like,
• 1:49
  Speaker 3: so you look at the population, what's the age that
• 1:52
  Speaker 3: most Americans are. It's literally the prime home buying age.
• 1:57
  Speaker 3: So bullish on housing. And I know interest rates have
• 2:01
  Speaker 3: been helping. Obviously rates will go up, mortgages will get
• 2:04
  Speaker 3: more expensive, but I still think the demand is there.
• 2:06
  Speaker 3: Household formation is going to be explosive every time they
• 2:10
  Speaker 3: build a new house. Every time, no matter how much
• 2:15
  Speaker 3: the house is, how many bedrooms, what region of the country. Whatever,
• 2:19
  Speaker 3: it needs a hot water heater, it needs a boiler,
• 2:23
  Speaker 3: there's a fifty to fifty shot. You go down your basement,
• 2:26
  Speaker 3: look at your boiler. There's a fifty to fifty shot.
• 2:29
  Speaker 3: Aosmith made it. They have half the market.
• 2:31
  Speaker 4: The monopoly.
• 2:33
  Speaker 3: I mean, that's right as close as you get. Aosmith
• 2:37
  Speaker 3: been in business since the Civil War one hundred and
• 2:40
  Speaker 3: forty something years, been public forever. It's still a thirteen
• 2:44
  Speaker 3: billion dollar market cap. Nobody even knows that this thing exists.
• 2:48
  Speaker 3: If you look at the New if you look at
• 2:50
  Speaker 3: the New Highs list, it's littered with companies like this.
• 2:54
  Speaker 3: They're value stocks, pay dividends, do buybacks, they're involved in
• 2:58
  Speaker 3: home construction. Eagle Materials is on that list. Mascow makes
• 3:03
  Speaker 3: sheet rock, willboard. There's like there's like fifty stocks like
• 3:08
  Speaker 3: that where you've never heard of it. But every house
• 3:11
  Speaker 3: contains their equipment or materials. So to me, that's a
• 3:15
  Speaker 3: really great place to be hiding out right now. And
• 3:17
  Speaker 3: look how that stock holds up relative to the NASDAC.
• 3:21
  Speaker 3: Let's say, it's like, I feel like that's like where
• 3:24
  Speaker 3: people want to be this year.
• 3:26
  Speaker 4: Yeah, aos is that two at three forty three. In
• 3:29
  Speaker 4: two thousand and two it said eighty two eighty nine
• 3:31
  Speaker 4: my battery. But just want to give context for how
• 3:35
  Speaker 4: much this went up over the last like twenty years
• 3:36
  Speaker 4: or so.
• 3:37
  Speaker 2: Now you're good man. I was just giving you the ticket.
• 3:38
  Speaker 2: People just kept asking, what's the ticket? Was the ticket?
• 3:40
  Speaker 3: Aos? And yeah, aosmith Aos. And now they're entering China
• 3:44
  Speaker 3: and India and not just entering like like selling from here.
• 3:50
  Speaker 3: They have like organization on the ground there. And what
• 3:54
  Speaker 3: makes those markets so exciting Obviously the size is endless. Uh,
• 3:58
  Speaker 3: you could build endless house is in these places. There's
• 4:01
  Speaker 3: nothing there in a lot of cases. But water purification
• 4:05
  Speaker 3: is another business they're in, and the drinking water is
• 4:08
  Speaker 3: just not what it is there. They need, they need
• 4:10
  Speaker 3: all that stuff. So I think this is the kind
• 4:13
  Speaker 3: of stock where you just put it away, pay a
• 4:16
  Speaker 3: dibbon end every quarter, reinvest the dibbon end, do that
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  Speaker 3: automatically through your brokerage account, and just forget about it.
• 4:24
  Speaker 3: Just forget about it. And this is a way to
• 4:26
  Speaker 3: play like the next generation coming up and buying houses,
• 4:31
  Speaker 3: building houses.
• 4:32
  Speaker 2: Yeah, sweet, sweet sweet. So I want to talk about
• 4:35
  Speaker 2: something that's happened here in New York over the weekend. Uh,
• 4:38
  Speaker 2: And I know most people are gonna be like, oh joy,
• 4:40
  Speaker 2: you always talking about DraftKings. Yeah, I do not profitable
• 4:43
  Speaker 2: because a lot of money is spent on advertising. Obviously,
• 4:45
  Speaker 2: Pen Mutual same thing. So I want to know your
• 4:47
  Speaker 2: thoughts on aline sports betting. It's Pen National, I would say,
• 4:52
  Speaker 2: Pen Mutual, Pen Nashural online sports betting is here in
• 4:54
  Speaker 2: New York now, and so what does that mean for
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  Speaker 2: the industry. I'm companies like Caesars and Pen National flutter
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  Speaker 2: DraftKings obviously.
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  Speaker 3: Is it Pin National or is it just pin No?
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  Speaker 2: I think Pen Gaming, Pen Gaming Gaming. So obviously they've
• 5:08
  Speaker 2: spent DraftKings and spent a lot of money. FANDUE, which
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  Speaker 2: is under Flutter Entertainment, has spent a lot of money
• 5:12
  Speaker 2: on advertising. But there's so many people having advertises. You
• 5:16
  Speaker 2: can't turn the TV on without seeing the Caesars Online
• 5:18
  Speaker 2: Bennet commercials right now with a JB. Smooth. So what
• 5:22
  Speaker 2: are your thoughts about I don't understand.
• 5:25
  Speaker 3: Yeah, I don't understand his commercial. So Madison Square Garden
• 5:29
  Speaker 3: is empty and he's like yelling to the empty seats.
• 5:32
  Speaker 3: He's like, Caesar is here and there's nobody's.
• 5:35
  Speaker 4: Doing the prime of COVID. It's weird.
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  Speaker 3: Shit, it's weird.
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  Speaker 2: Uh well, we got to burry out of that, so
• 5:41
  Speaker 2: we gotta at least.
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  Speaker 3: Be I'm not in any of those stocks, and I
• 5:47
  Speaker 3: never have been. And it's not that I don't think
• 5:49
  Speaker 3: online betting will be big. I just don't think it
• 5:51
  Speaker 3: will be that profitable. When you look at like Ladbrokes
• 5:54
  Speaker 3: and some of the companies that have been operating in
• 5:56
  Speaker 3: England legally for years, they're just not such great stocks.
• 6:01
  Speaker 3: And then you compound that with the problem of marketing,
• 6:06
  Speaker 3: like you're seeing those commercials everywhere. None of these companies
• 6:10
  Speaker 3: are profitable. They have to spend so much money to
• 6:13
  Speaker 3: acquire a customer, So I think that market has to consolidate.
• 6:17
  Speaker 3: There are too many earners.
• 6:19
  Speaker 2: What's up. You ever walk into a small business and
• 6:21
  Speaker 2: everything just works like the checkout is fast, their seats
• 6:25
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• 6:28
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• 6:44
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  Speaker 2: back end so you can keep pushing your vision forward.
• 7:27
  Speaker 2: This episode is brought to you by P and C Bank.
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  Speaker 2: A lot of people think podcasts about work are boring,
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• 8:04
  Speaker 2: and C Bank National Association.
• 8:06
  Speaker 5: Member a FDIC, an illegal alien from Guatemala charged with
• 8:12
  Speaker 5: raping a child in Massachusetts. An MS thirteen gang member
• 8:16
  Speaker 5: from Al Salvador accused of murdering a Texas man of
• 8:19
  Speaker 5: Venezuelan charged with filming and selling child pornography in Michigan.
• 8:24
  Speaker 5: These are just some of the heinous migrant criminals caught
• 8:28
  Speaker 5: because of President Donald J. Trump's leadership. I'm Christy Noman,
• 8:32
  Speaker 5: the United States Secretary of Homeland Security. Under President Trump,
• 8:36
  Speaker 5: attempted illegal border crossings are at the lowest levels ever recorded,
• 8:40
  Speaker 5: and over one hundred thousand illegal aliens have been arrested.
• 8:44
  Speaker 5: If you are here illegally, your next you will be
• 8:47
  Speaker 5: fined nearly one thousand dollars a day, imprisoned, and deported.
• 8:52
  Speaker 5: You will never return. But if you register using our
• 8:55
  Speaker 5: CBP home app and leave now, you could be allowed
• 8:58
  Speaker 5: to return legally. Do what's right. Leave now. Under President Trump,
• 9:03
  Speaker 5: America's laws, border and families will be protected.
• 9:07
  Speaker 4: Sponsored by the United States Department of Homeland Security.
• 9:10
  Speaker 3: There's MGM Caesars this that like there should be like
• 9:13
  Speaker 3: three of them, I feel like, and that's where it'll
• 9:15
  Speaker 3: ultimately go to. And I don't think that I'll be
• 9:18
  Speaker 3: able to figure out who's gonna win out of that crop. Like,
• 9:22
  Speaker 3: gun to my head, I would probably bet on the
• 9:24
  Speaker 3: barstool guys, just because the genius of that is that
• 9:29
  Speaker 3: they are the marketing, so they don't have to buy commercials.
• 9:33
  Speaker 3: But for the other guys, for Vanduel has to give
• 9:37
  Speaker 3: Bill Simmons a million dollars a minute basically, and DraftKings
• 9:41
  Speaker 3: is spending money like forget it, and like that's not
• 9:45
  Speaker 3: to me as an investor. I don't want to see
• 9:48
  Speaker 3: a business that requires that level and concentration of marketing
• 9:52
  Speaker 3: all the time. Yeah, because how do you ever make money?
• 9:56
  Speaker 2: Yeah, if you looked at it, like Flutter owns the
• 9:59
  Speaker 2: rights to fan Duel and so if you want to
• 10:01
  Speaker 2: invest a fans, you got to invest in them and
• 10:04
  Speaker 2: England yeah yeah, and FanDuel owns that I think like
• 10:08
  Speaker 2: thirty one percent of the market, And so it's kind
• 10:10
  Speaker 2: of weird because you got to invest Flood to invest
• 10:11
  Speaker 2: in them. So it's an interesting place. I still got
• 10:14
  Speaker 2: my DraftKings. I'm invested. So we'll see.
• 10:17
  Speaker 3: What's that stock? I don't even follow.
• 10:19
  Speaker 2: What's it gotta beat down? It hit a fifty two
• 10:22
  Speaker 2: weeks Friday. I think it got down to twenty five
• 10:24
  Speaker 2: hours on Friday.
• 10:26
  Speaker 3: Yeah, what's the evaluation?
• 10:27
  Speaker 2: Like?
• 10:28
  Speaker 3: Is it cheap? Yet? It was not cheap the last
• 10:30
  Speaker 3: time I looked twenty billion dollar market cap? All right,
• 10:36
  Speaker 3: I'll start following this thing. Yeah, I'm definitely not an
• 10:38
  Speaker 3: expert in this in this space by any means.
• 10:42
  Speaker 4: At a conference recently, you had a chance to sit
• 10:44
  Speaker 4: down with Kathy as a wealth manager. What are like
• 10:48
  Speaker 4: some of the biggest lessons that you've taken away from
• 10:50
  Speaker 4: her fall from Grace?
• 10:54
  Speaker 3: So, I think she's an extraordinary person and I'm a
• 10:57
  Speaker 3: huge fan of hers, and I know we talked about
• 10:59
  Speaker 3: that last year, but I was never an investor in
• 11:03
  Speaker 3: her funds, not because I didn't think that they could work,
• 11:06
  Speaker 3: because obviously they've had an amazing run prior to the
• 11:09
  Speaker 3: last let's call it six months or whatever. I just
• 11:13
  Speaker 3: don't believe in buying the most popular stocks as like
• 11:19
  Speaker 3: an investment strategy. And I know like she's focused on innovation,
• 11:24
  Speaker 3: and it just so happens that those stocks have become popular.
• 11:27
  Speaker 3: But every time a stock is in the news, like
• 11:30
  Speaker 3: a big, well known brand named stock because they miss
• 11:33
  Speaker 3: earnings or it's like getting killed later that day, it's like, oh,
• 11:37
  Speaker 3: arc just bought it. It's like it's become like a
• 11:39
  Speaker 3: portfolio of very controversial, you know stocks that are falling
• 11:44
  Speaker 3: off their highs, and DraftKings is one of them. And
• 11:46
  Speaker 3: Robin Hood and like she like she like jumps in,
• 11:51
  Speaker 3: not like she's going to rescue the stock, but she's like,
• 11:54
  Speaker 3: I feel like it's very headline driven. So I don't
• 11:57
  Speaker 3: invest that way with my own money. I'm not gonna
• 11:59
  Speaker 3: pay somebody to invest that way for me. So, you know,
• 12:03
  Speaker 3: from that standpoint, we've not allocated to her strategy. But
• 12:07
  Speaker 3: I do think that she's somebody that everybody should listen to.
• 12:11
  Speaker 3: I know everyone is listening to her already. She's uh,
• 12:15
  Speaker 3: she's she's become somewhat iconic. She's become like emblematic of
• 12:19
  Speaker 3: what the market was like in twenty twenty and twenty
• 12:21
  Speaker 3: twenty one, and even if that era has come to
• 12:24
  Speaker 3: an end, you can't take that away from her. She
• 12:27
  Speaker 3: had six ETFs that more than doubled in uh from
• 12:32
  Speaker 3: from I think the from the spring of twenty twenty
• 12:36
  Speaker 3: to the spring of twenty twenty one. Like nobody in
• 12:39
  Speaker 3: history has ever really had a run like that in
• 12:42
  Speaker 3: one year with so many different funds.
• 12:44
  Speaker 4: So you think she would have been better off about
• 12:46
  Speaker 4: concentrating in doing two.
• 12:49
  Speaker 3: Yeah, a little bit more, you know what her I
• 12:52
  Speaker 3: think the issue now is the press loves to build
• 12:56
  Speaker 3: you up so they could then tear you down. Absolutely
• 13:00
  Speaker 3: created her, like she's a product of Yahoo Finance needing
• 13:04
  Speaker 3: to write an article every fifteen minutes, and everybody Bloomberg, CNBC,
• 13:10
  Speaker 3: Wall Street Journal, Fortune, Forbes, everybody loves her story. She's
• 13:16
  Speaker 3: she's first of all, she's female in a game that
• 13:20
  Speaker 3: historically stockpicking has historically been dominated by famous men. She's fearless,
• 13:27
  Speaker 3: she's on Twitter, she does social media. Like there's a
• 13:30
  Speaker 3: lot about her that made the financial media fall in
• 13:32
  Speaker 3: love with her. And you know, I talked to the
• 13:35
  Speaker 3: editors at like big publications and they're like, dude, if
• 13:39
  Speaker 3: we just put Elon or Kathy in the headline, it's
• 13:44
  Speaker 3: it's like ten x what any other headline we wrote
• 13:48
  Speaker 3: that day will do. So they created her, and they
• 13:52
  Speaker 3: feasted off of her. And now that her strategy is
• 13:56
  Speaker 3: out of favor, like high growth innovative companies are just
• 14:01
  Speaker 3: not in favor. Now they're gonna rip her apart for
• 14:05
  Speaker 3: even more clicks. So every day, all the publications, like
• 14:10
  Speaker 3: there'll be at least one article from every newspaper about
• 14:14
  Speaker 3: how fucked up Kathy's fund is or you know, she's
• 14:18
  Speaker 3: down more than the NASDAC you know, over the last
• 14:21
  Speaker 3: eighteen minutes. So whatever headline, it sucks watching that because
• 14:24
  Speaker 3: I got to know her as a person and I
• 14:27
  Speaker 3: can only imagine sitting in her seat. It's not that
• 14:30
  Speaker 3: she's changed her strategy, it's that no strategy is always
• 14:36
  Speaker 3: in favor.
• 14:38
  Speaker 4: My graduates from my school being forced back drop drop Mike,
• 14:44
  Speaker 4: drop bag drop drop.
• 14:57
  Speaker 5: An illegal alien from Guatemala charged with raping a child
• 15:01
  Speaker 5: in Massachusetts. An MS thirteen gang member from Al Salvador
• 15:05
  Speaker 5: accused of murdering a Texas man of Venezuelan charged with
• 15:09
  Speaker 5: filming and selling child pornography in Michigan. These are just
• 15:13
  Speaker 5: some of the heinous migrant criminals caught because of President
• 15:17
  Speaker 5: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 15:20
  Speaker 5: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 15:25
  Speaker 5: crossings are at the lowest levels ever recorded, and over
• 15:29
  Speaker 5: one hundred thousand illegal aliens have been arrested. If you
• 15:32
  Speaker 5: are here illegally, your next you will be fined nearly
• 15:36
  Speaker 5: one thousand dollars a day, imprisoned, and deported. You will
• 15:40
  Speaker 5: never return. But if you register using our CBP home
• 15:44
  Speaker 5: app and leave now, you could be allowed to return legally.
• 15:48
  Speaker 5: Do what's right, leave now. Under President Trump, America's laws,
• 15:52
  Speaker 5: border and families will be protected.
• 15:55
  Speaker 2: Sponsored by the United States Department of Homeland Security,