Just plain out mandate change. All of these things play a role including on days like today when the dow slid 10 points and the s p climbed 1. 3 and the nasdaq gained. 67 . [ applause ] some change is glacial and therefore uninvestable, but other types of change are swift. And those are the ones you need to find so you can buy their stocks on. Buy, buy, buy with abandon. I love behavior change investing. It could be incredibly lucrative and when you have a behavior change theme you can use selloffs to buy stocks at discount prices that are based on those changes as long as you dont think theyre really fads. Lets start with the obvious one for today, entertainment. How and what people consume and where and when they do it. Today the stocks of traditional Entertainment Companies like disney, time warner 21st century fox, via com, cbs and discovery got annihilated. [ shots fired ] i dont have much more to say about disney later, but suffice it to say now that disney raised questions in th
Industrials roared because Warren Buffett brought a precision cast parts . Judge big todays action, dow plummeting 212 points, nasdaq nosediving 1. 2 , nobody remembers as all these positives were undone in one horrendous session for the bulls. Now, last night i tried to be skeptical if not down right critical about the rally. Suggesting it could easily be repealed as the week went on. I didnt know it would be repealed immediately. But thats because i didnt think wed be dealing with a chinese currency devaluation that makes their goods cheaper to export and our goods more expensive to sell there. Yet thats exactly what happened. I want to put it in context so you can benefit from it but also so you can be concerned as i am about it and know what could come. First, china, chinas desperate. Chinese communist governments trying to put everyone to work while at the same time putting an end to the widespread corruption in business and politics. We keep hearing that china needs to grow its e