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Avoid These 10 Overhyped Stocks Before It Destroys Your Portfolio · Earn Your Leisure

• 0:00
  Speaker 1: Let's talk about the top five overhyped stocks.
• 0:04
  Speaker 2: I'll put yours over there. I see you got a paper.
• 0:06
  Speaker 2: I don't want to look at yours. I have to
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  Speaker 2: put pen to pad today. What you got?
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  Speaker 3: I like the company and I like the leadership, but
• 0:16
  Speaker 3: I think the valuation is off.
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  Speaker 2: Number one, I'm going to start with Oracle. Okay.
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  Speaker 3: The credit default bond issue is a real one. Do
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  Speaker 3: I think they'll protect it? Now, this is the only
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  Speaker 3: story that kind of reminds me of 2008 with the
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  Speaker 3: rating agencies kind of skewing things so it doesn't go under.
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  Speaker 3: And I don't want the company to go under because
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  Speaker 3: it will lead to a collapse and a succession of
• 0:41
  Speaker 3: events that will negatively affect America. But I think the
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  Speaker 3: valuation was too high, and I think the market has
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  Speaker 3: reflected that.
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  Speaker 2: That's number one. Number two, I like the entrepreneur. I
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  Speaker 2: like the business strategy.
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  Speaker 3: I'm trying not to ruin any relationships for us going forward.
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  Speaker 2: But micro-strategy.
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  Speaker 3: OK, they're going to be where there's a conversation about
• 1:01
  Speaker 3: if they should be removed from the index. I think
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  Speaker 3: there's tremendous value there. And I'll keep saying it. There
• 1:07
  Speaker 3: is a concerted effort to not let Michael Saylor control.
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  Speaker 3: Bitcoin and be the lead face of it by. Entities
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  Speaker 3: around the world. So that's number two. And a getting
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  Speaker 3: rich relationship part, you have to know who to not
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  Speaker 3: piss off.
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  Speaker 2: So you don't end up on a blackball list. He's
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  Speaker 2: currently on there. Number three, QBTS. Ah, okay. I love Quantum.
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  Speaker 1: Okay.
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  Speaker 2: I love all the executives there.
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  Speaker 3: But remember when y'all were screaming at me last year
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  Speaker 3: about Quantum and you.
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  Speaker 2: Don't understand the technology. I don't understand it.
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  Speaker 3: Where are you D-Wave Quantum babies at now? Google will
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  Speaker 3: be your main competitor if it's value. Number four, Rigetti.
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  Speaker 2: Ah, okay. Now we got one that matches. spaghetti i
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  Speaker 2: think has an amazing promise and premise of the future
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  Speaker 2: but it's not delivering this year and i don't think
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  Speaker 2: it will next year either and uh final ticker is
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  Speaker 2: oklo oh overrated overhyped okay um you think overrated you
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  Speaker 2: can name 25 other companies that are better.
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  Speaker 4: They're so niche that it's tough for me to say
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  Speaker 4: overrated just yet.
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  Speaker 2: I'm not going to knock yours. I understand why you
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  Speaker 2: said it.
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  Speaker 4: But when we're talking about expedited power and we're talking
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  Speaker 4: about nuclear power.
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  Speaker 3: I don't think they'll be the one, though. They'll be
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  Speaker 3: maybe second or third. And this goes into the selection process.
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  Speaker 3: Not every company who makes it is solely because... They
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  Speaker 3: were the best product. They had the best funding. A
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  Speaker 3: lot of these companies are selected to be the leader
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  Speaker 3: over the next 10 years. I just wonder if they
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  Speaker 3: won't be selected over the next five to 10.
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  Speaker 2: Okay. What about you?
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  Speaker 4: So I have Rigetti on there, but I'm going to
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  Speaker 4: have some. Now, I don't think that they don't necessarily
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  Speaker 4: have to be bad companies. I think they're overhyped.
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  Speaker 1: Yes.
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  Speaker 2: And overrated. Yeah. My first one is IONQ. Listen, I
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  Speaker 2: thought about it, but I ain't want to double down.
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  Speaker 5: Yes.
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  Speaker 4: That doesn't mean that it's a bad company. That doesn't
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  Speaker 4: mean that Quantum won't play a role in the future.
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  Speaker 2: It will in the future. It just won't be playing
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  Speaker 2: in the near future. Yeah.
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  Speaker 4: And I think you're right. I think you're spot on
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  Speaker 4: in terms of where Google's at in terms of Quantum.
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  Speaker 4: So that's number one. Number two might be a surprise.
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  Speaker 4: I think Tesla is on my list. Overhyped and overrated.
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  Speaker 2: Dottie, what you got to say to that? For.
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  Speaker 4: Again, I just have a tough time, especially like I'm
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  Speaker 4: reading every day, every single day I read. I just
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  Speaker 4: have a tough time finding a company that its technicals
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  Speaker 4: and its fundamentals don't match. And he doesn't love that company.
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  Speaker 4: And year after year, it's the same thing. And it's
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  Speaker 4: not cars. And eventually, I think next year we'll see
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  Speaker 4: a merger. But presently, as constructed, I'm just like.
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  Speaker 2: I told y'all three years ago, he doesn't love that company.
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  Speaker 2: he's going to be chairman and leave Dustin. So I agree.
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  Speaker 2: So number four is Alibaba.
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  Speaker 1: Yeah.
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  Speaker 3: Yeah.
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  Speaker 2: You know what? Every control.
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  Speaker 3: Yeah.
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  Speaker 4: Every time I think that, okay, Alibaba is going to,
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  Speaker 4: it's going to have a turn here.
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  Speaker 2: I mean, it's, it's, it's had some down years. Let's
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  Speaker 2: just say that. Right.
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  Speaker 4: Every time I think it's, this is going to be
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  Speaker 4: the year or this is going to be the innovation. Oh,
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  Speaker 4: they're like a cloud business. oh, they're going to play
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  Speaker 4: a part in the AI story for China. It's just
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  Speaker 4: like the stock just never rewards you for putting it
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  Speaker 4: on your watch list or some people having their portfolio. Now,
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  Speaker 4: can that change? I just don't... Which one are they?
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  Speaker 4: Are they the Amazon or are they the Google or
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  Speaker 4: are they a hybrid of both for the Chinese economy?
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  Speaker 4: He's another person that got blacklisted.
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  Speaker 2: True. So that was for....
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  Speaker 4: Almost um yeah i had those are my four those
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  Speaker 4: are my four i was i had a fifth one
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  Speaker 4: i was like you know what let's just hold off
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  Speaker 4: because you know you never know because you never know but.
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  Speaker 2: Yeah i think overhyped.
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  Speaker 3: Doesn't necessarily mean bad company yeah it's just evaluation.
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  Speaker 4: Just just a bit over i okay i'll just say
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  Speaker 4: palantir was my number five that's a hot okay.
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  Speaker 2: What about you? Valuation is just out of control. Doesn't
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  Speaker 2: mean bad company.
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  Speaker 1: You got to start looking at Netflix.
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  Speaker 2: That's a good thing.
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  Speaker 5: You got to start looking at Netflix as far as that,
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  Speaker 5: you know, Mag7 and all that.
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  Speaker 1: Mag7 did?
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  Speaker 5: No, they're not Mag7. No, but I'm saying they lumped in.
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  Speaker 5: They lumped in with that elite level of tech companies.
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  Speaker 5: I mean, they distribute content. Now, you could say Meta
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  Speaker 5: is not vitally excessive either, but I would say Meta
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  Speaker 5: is a communication company and a media company. So Meta,
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  Speaker 5: to me, is an essential business. Oh, Meta's going to
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  Speaker 5: be fine. You got them on your list? No, I'm
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  Speaker 5: saying Netflix is not an essential business.
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  Speaker 3: No.
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  Speaker 1: Nobody needs to have Netflix.
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  Speaker 2: And the cost of acquisition for the content is huge.
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  Speaker 1: Exactly.
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  Speaker 5: It's too thin. Their profit margins are too thin. They're
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  Speaker 5: paying too much. And they got a bunch of competitors.
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  Speaker 2: Yeah, YouTube.
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  Speaker 1: They can't compete with YouTube. They're trying anything. Now they're
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  Speaker 1: trying podcasts.
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  Speaker 2: They are.
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  Speaker 1: They're saying the music, they're going to become the record label.
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  Speaker 2: The cost acquisition thing is very scary. And I could
• 6:46
  Speaker 2: have miscalculated this. Correct me.
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  Speaker 4: I thought the live sports would play a bigger role.
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  Speaker 4: And it's not happening. They have slowed down on acquisition
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  Speaker 4: of content. but they are still paying a lot to
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  Speaker 4: produce content. So I'm not mad at that choice. What
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  Speaker 4: else you got?
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  Speaker 5: Yeah, that's a fire one. Yeah, that's the first one
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  Speaker 5: that comes to my mind. Because like you said, when
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  Speaker 5: you think about Fang, what do you have?
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  Speaker 1: You have Facebook.
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  Speaker 4: It wasn't there. NVIDIA was there. No, no, Netflix was there. Well,
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  Speaker 4: Facebook at the time. Apple, Amazon, NVIDIA, and Google. I thought,
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  Speaker 4: is it not Netflix? No, their valuation's not high enough.
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  Speaker 1: But at that time.
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  Speaker 2: At that time.
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  Speaker 1: At that time.
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  Speaker 2: It could have been.
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  Speaker 4: We tried to make an acronym. That was before the
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  Speaker 4: NVIDIA run. It could have been an acronym with them.
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  Speaker 4: But NVIDIA definitely was the end.
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  Speaker 1: I don't know. I think it was Netflix.
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  Speaker 2: People was calling me crazy at the time for putting
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  Speaker 2: NVIDIA in. Then we had to change it when Facebook became. Facebook, Amazon, Apple, Netflix,
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  Speaker 2: and Google.
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  Speaker 1: Yeah, it was Netflix.
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  Speaker 2: It wasn't NVIDIA?
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  Speaker 1: It was before the NVIDIA.
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  Speaker 3: People was calling me crazy if he'd been saying that
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  Speaker 3: it should replace Meta.
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  Speaker 2: But the N got replaced. Yeah.
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  Speaker 1: Because that's before NVIDIA started to go crazy.
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  Speaker 5: So Netflix was a staple in the tech hierarchy.
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  Speaker 1: Yes.
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  Speaker 2: Can it rebound?
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  Speaker 5: Like I said, if you look at Amazon, Apple, Google,
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  Speaker 5: and I would argue Meta too.
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  Speaker 1: Those are all essential companies. This is an entertainment company.
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  Speaker 3: The same mistake that I won't pick on anyone, but
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  Speaker 3: that they're making an AI spending, they made in content first.
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  Speaker 2: Yeah.
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  Speaker 3: Like even a deal structure from the very beginning, it's
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  Speaker 3: a tough business to be in. When you have a
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  Speaker 3: Google who is paying you per performance with all the resources,
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  Speaker 3: that's a tough thing to be.
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  Speaker 2: I think they, I don't think they're done. They're still
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  Speaker 2: number one.
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  Speaker 1: No, no, no.
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  Speaker 4: They're not done with the valuation. The valuation, I mean,
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  Speaker 4: it's trading. I mean, it was down, it got to 63.
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  Speaker 4: I don't even know if it's at 70 yet, but.
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  Speaker 4: It's at 69 right now. Where they missed, and they
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  Speaker 4: probably are kicking themselves now, and maybe they can correct it,
• 9:01
  Speaker 4: was the in real life experience. Right?
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  Speaker 2: So like, Twitch came and got them.
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  Speaker 4: What's the other streaming platform?
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  Speaker 2: Kik. Kik.
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  Speaker 4: These platforms, I mean, they have the technology to do it.
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  Speaker 4: They kind of missed on the in real life experience
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  Speaker 4: and it's still happening. When I watched some of Kai's
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  Speaker 4: like streaming university and I'm watching all these TVs with
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  Speaker 4: 150 different creators, that's live content.
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  Speaker 2: That's daily. Each creator. Each creator. Every day. And you
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  Speaker 2: could be housing that on your platform. Remix.
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  Speaker 1: That didn't work. That didn't work. But look, I mean, look. Profitability.
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  Speaker 2: They tried.
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  Speaker 5: I don't think it's over yet, but they got to
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  Speaker 5: figure out then, because like you said, if they're trying.
• 9:47
  Speaker 1: To compete with YouTube, they can't compete.
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  Speaker 5: YouTube is getting free content.
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  Speaker 1: They're paying for the content that YouTube's getting for free.