Robert Hunt Financial Market Update

Mark Cuban and Peter Mallouk make a big time bet in 2021 that we follow up on, a private stock specialist misleads customers, and the Vanguard effect wins even when it loses.

I actually open Trump accounts and give you my experience, there is a sad tale of a Ponzi scheme in Georgia GOP country, and Jack Bogle gave a gift that keeps becoming more generous as the years go by.

The Wall Street Journal outlines Leopold Aschenbrenners immense intellect, JP Morgan has a technical strategist that purports to know the future and the Client Corner comes with a great question.

We can't help but feel sorry for the difficult task of stock picking, Nike falls dramatically and we investigate the plumbing of indexing to see if it can pass a stress test.

An author knows index funds are better, but still goes on to recommend a bunch of active funds, we fall prey to hot shot managers that earn lots of money quickly, Polymarket tricks us and Gen Z loves sports betting.

We sort through the fallout of the hedge fund Situational Awareness, evaluate the promises we tell ourselves about dividend funds, and look to the difficulty of venture capital investing.

The hedge fund Situational Awareness is forced to sell its public holdings, the latest stock market data doesn't care about global turmoil and stock market increases can make us reckless.

Jamie Dimon gives a warning about today's risks, The Blackstone Group is hunting for your money, and a few government officials want to create more new rules around retirement funding

We quiz Nelson on why Trump accounts were re-instated and what else to look for, examine the disease of stock picking and evaluate a fraud involving a supposed canal resort development in the hill country.

Yes, you can lose all your money investing in apartments, the algorithm is better than your local banker, and the stock market's returns are incredible.

We will review how various asset classes have performed year to date, interview an attorney on Trump accounts, and inspect the source of index anxieties.

Floyd Mayweather made around 1.3 billion in his career, SpaceX stock flippers have regrets, and European stocks appear to be on sale.

Bulls go missing, bots become excellent advisors, and the shoeshine boy's are starting to give stock tips.

Paul Tudor Jones is expecting the S&P 500 to do very little from here, Fidelity has shown its cards with some new ETF fees and the private deal may not be as exclusive as you think.

The only thing more expensive than an AUM advisor is not having one, Charles Schwab decides complexity is your friend and somehow the stock market is hitting new highs.

What qualities do you need to possess to leave your financial advisor? How bad are corrections really? Find out!

Burton Malkiel reminds us why indexing is the best bet against an AI hyped market, AI Agents are now learning how to buy and sell for us, and Allbirds shoes teaches us an important lesson.

The chip boom snuck up on everyone but index funders, Howard Mark's predictions scrutinized and why you still need to be on your toes with a CFP.

AI makes its way into Google Sheets allowing for expert advice regarding our balance sheets, the South Korean index crashes 18% and equal weight indexes may not always be as good as they seem.

Citrini drops an AI article from the future that spooks markets, a Yale professor astutely recommends a larger equity allocation for most and sometimes advisors get it wrong.

Nelson Hunt returns! We discuss the particularities of Trump accounts as only an attorney could. You won't want to miss the riveting discussion on concentration risk and the shortcomings of Private Equity.

The Trump accounts have a few peculiarities that we look at prior to the window for funding opening, Tai Lopez of internet fame, takes investors on a wild ride that offers lessons for us all, and AI Bots sound a lot like regular financial advisors.

AI is threatening individual companies in the index, Elon Musk is bending the knee to the all powerful index fund investor and the crypto investing game is VERY hard.

Everyone in 2026 claims they would have had the stomach to hold Nvidia through the dot-com crash, but the data says otherwise. Today, we’re deconstructing the dangerous allure of hindsight bias, why high-volatility years make silver and gold look tempting to even the most disciplined investors, and why the 'simplest' portfolio—the Vanguard Total World Stock ETF (VT)—comes with tax intricacies that most Bogleheads (including me) overlook. Let’s get into the math.

Peter Mallouck shows us more excellent data to keep us going, young traders give it a go in gamified trading platforms, and Dave Ramsey pulls back the curtain on how the wealthy invest.

Market drawdowns happen all of the time, chart crimes are still crimes, and AI still has a few weaknesses left...

AI can be used to review your financial documents, Vanguard is pumping advertisements that Bogle would hate, and Elon is so sure the future will be abundant that he thinks saving for retirement is a waste. Interactive Brokers Ad: https://www.interactivebrokers.com/en/trading/client-outperformance.php Vanguard Ad: https://advisors.vanguard.com/insights/article/a-practitioners-guide-to-building-an-active-equity-portfolio Elon Musk Predictions: Highlight Video Here  

Let us look back at 2025 to see what sort of returns were given across asset classes.

What you may assume is a privileged position to invest for the elite, just isn't so,tax equivalent yield is a 'thing', and the regional president of Frost Bank gives me a call.

Vanguard is actually much better than you think, buying at the high is what the cool kids are doing, and it is much more difficult to pick stocks than we think.

Military bases are great test cases for the power of investor psychology, Goldman Sachs keeps making new products, and 31 dips since 2009 is the price of poker for a % 1,200 gain. Oh, Harvard also buys some bitcoin.

AI Trade Splinters as Google Challenges Nvidias Dominance: https://www.wsj.com/finance/stocks/ai-trade-splinters-as-google-challenges-nvidias-dominance-b1ce018d?gaa_at=eafs&gaa_n=AWEtsqctzmIQG0aU6d48JjgpKj8fgSLzLK2t4TQ_BoI78LvZ1wsz3ZT9P-g4X_b0HJ4%3D&gaa_ts=69279725&gaa_sig=PTi-_7jQ-k8Zxqjt6p4nc_5DZS5Q4tKhRnd9MgLutj2HuB3VUHfOAHRevbnIx0LGobNJGzRrxrJ7wb7WVoFW7w%3D%3D  

Bitcoin Drops: https://finance.yahoo.com/news/bitcoin-drops-below-90-000-110411849.html Why We Could Use a Good, Long Bear Market: https://www.wsj.com/finance/stocks/why-we-could-use-a-good-long-bear-market-73997cb7?gaa_at=eafs&gaa_n=AWEtsqdXlKfTpMc5bql-SmT7orDF4PHsv2MloGREGDU2uHspz0YnTKxS1L7W1mswlBM%3D&gaa_ts=691f57bf&gaa_sig=Iyj3e_g7OeprTSIpJEC3tbJb4LrXZBZvFwYGSqDd-WG83Rs2pqdqph-o0_zQeg1QzHVd2U21UOa-WvUREfkAVg%3D%3D Bonds Are Heading for the Best Year Since 2020: https://www.wsj.com/finance/bonds-are-heading-for-the-best-year-since-2020-02c5738b?gaa_at=eafs&gaa_n=AWEtsqfJAhwL67-m6eqVFv3S3-ws9KEivBRF2ThwpQrmHQT7CHlyPvgozr4Xrh1i4ks%3D&gaa_ts=691f57da&gaa_sig=G1a3oo06rcHRRQJlVihrTx61vAKRtAGPY_B2vpDTqVn02HUXyTmCxG6_xEXRLFoRteBo5YtO22A4FPVNWZDByQ%3D%3D US Judge rejects Capital One $ 425 million settlement with depositors: https://www.reuters.com/legal/government/us-judge-rejects-capital-one-425-million-settlement-with-depositors-2025-11-07/  

Using Premium Credit-Card Rewards Is Becoming a Part-Time Job: https://www.wsj.com/personal-finance/using-premium-credit-card-rewards-is-becoming-a-part-time-job-82c18455 Big Tech's Soaring Profits Have an Ugly Underside: Open AI's Losses: https://finance.yahoo.com/news/big-tech-soaring-profits-ugly-122500177.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALWD8nHJpEX9nXtZWkO4v_XtrwIvO8rKBhPFqurEeLjfAZX_MpLRlZKzvh_KxoRHzyXhj5mAjEFyQwvNU6ge7XHmM957K3kQvN_C0H00uXQ_ylebgQOlOUQ7qTp1OpGZ0JM8viep6SYx0PLWZg6E3XQApdYSYOtfxiW0PZikonoF  

The Market Just Wobbled. Will It Fall Down?: https://www.wsj.com/finance/stocks/the-market-just-wobbled-will-it-fall-down-70a5ea3d?gaa_at=eafs&gaa_n=AWEtsqfyBMcmp5-qY55rSsrkDFD4ameU28rcjP5AEeuLVpnw_5Dt1lx_fYqy1m_FFQ0%3D&gaa_ts=690d0af1&gaa_sig=h2ibgLMJ0nxL6Bq3D1wKTzh0LwU5JJVK13XlVFNY-1dDgcxOJfe-GYefaPulGUCJHAiPCi17logV5P5QpzJUVA%3D%3D Rick Perry's Nuclear Ambitions Begin With Gas Power: https://www.wsj.com/business/energy-oil/rick-perrys-nuclear-ambitions-begin-with-gas-power-26a56815?gaa_at=eafs&gaa_n=AWEtsqc21L7GsvvRoSYI7i0H8qje91bOA3Pa1WIU2B5PcOYba94rpRdLZmS-hJga0kA%3D&gaa_ts=690d0b27&gaa_sig=ssp3UHZK2hkTbTvmKIJ90TG0h1mvWMW_1Lg2tlU2RiomNhxooIEQ0_8FcXxYFgFPaaHTBcO6xrqnR1Ti34e_gw%3D%3D Nissan Sentra: https://www.cars.com/vehicledetail/7802e8fc-0b5e-44f7-8ce4-e3ac15f0e4dd/  

All Net Wealth Created: https://x.com/kobeissiletter/status/1982969988114964991 Nvidia Becomes First $ 5 Trillion Company: https://www.wsj.com/tech/ai/nvidia-first-5-trillion-company-market-cap-ae513ff0?st=t63Pzv&reflink=article_email_share Warren's Letters: https://www.wsj.com/finance/i-read-all-59-of-warren-buffetts-annual-letters-these-are-the-best-parts-068f834a?gaa_at=eafs&gaa_n=AWEtsqebaqF0Ga3pHVFn4Uq-YS6qgmy2etUx97a9myST7RXrJAexyvgdJEwOSr1-BFI%3D&gaa_ts=6903dcab&gaa_sig=kpj-ZSgTpuTeTnUoptqCD0Az_n4eF_NHpsiQQtTbnk_CQYPpzlSBuTwB2CVnizWG9B_Yn1tUbFG_9rKwz0bp9w%3D%3D  

S&P 500 is more concentrated with AI than ever: https://www.cnbc.com/2025/10/22/your-portfolio-may-be-more-tech-heavy-than-you-think.html Bankrupt and Dying from Cancer, Ulysses S. Grant Waged His Greatest Battle: https://www.history.com/articles/how-ulysses-grant-died-memoirs-mark-twain Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling Ring: https://www.cnbc.com/2025/10/23/nba-billups-rozier-sports-betting-arrests-gambling.html  

Jamie Dimon Warns Us: https://www.theguardian.com/business/2025/oct/09/head-of-jpmorgan-chase-warns-of-risk-of-american-stock-market-crash Congress Thinks Hiding Fund Fees Is Good for You: https://www.wsj.com/finance/investing/congress-thinks-hiding-fund-fees-is-good-for-you-0e12c541?gaa_at=eafs&gaa_n=AWEtsqdaIIklCr_RFotrYjpEnqYuXLi5mn1FmLgFFrvguMTBjO57Nj815Z7tiRM7OW0%3D&gaa_ts=68f1515a&gaa_sig=uzKY7tNWdoIx9zAMrINcJoPvNR6T3CRQapJwzUiukVWcWnXpT8tPm76o50oLq2MfBtoYYxB2qxrpyEYBf1DAyw%3D%3D  

How to Stop Taxes From Eating Into Your Stock Market Gains: https://www.wsj.com/personal-finance/taxes/taxes-on-stocks-44606b68?reflink=desktopwebshare_permalink Gold Prices Top $ 4,000 for First Time: https://www.wsj.com/finance/commodities-futures/gold-price-4000-ounce-record-d63ab2bd?reflink=desktopwebshare_permalink Private Equity Is Coming To Your 401k, Should You Buy In?: https://www.wsj.com/finance/investing/401k-private-equity-risk-8d80d25f?reflink=desktopwebshare_permalink  

9 Technologies That Transformed Investing: https://www.wsj.com/finance/investing/9-technologies-transformed-investing-telegraph-ai-2cd029dc?gaa_at=eafs&gaa_n=ASWzDAjtbC7Kq151dhPIIUe9faO8yHQEC0RDzE9A03rXLetyfUigqGstUz_wgD2dFDA%3D&gaa_ts=68df15ea&gaa_sig=p3xKkq5RlYLGWZeFAZ1Z-f2fahuFAR9VjS123ji7FjGRKOL6FJs6oHfSFezZOVZtF1A2vwJ7h_1sdQpUykEPqQ%3D%3D    ETFs Are Flush With New Money: https://www.wsj.com/finance/investing/etfs-are-flush-with-new-money-why-billions-more-are-flowing-their-way-8d9cbfb7?gaa_at=eafs&gaa_n=ASWzDAhYcLZ5_qnrjNoA2kId7cwZv-VeSwWJpIkAec8-4_T5WK8u0nD8Ta5RtMTqq3I%3D&gaa_ts=68df1615&gaa_sig=o166shm8I6GukfzJ1Z0cY6ckjRUHkp8QkbkXF83FDAYWIswo9nLgi8qHYgfLDSjVyc1v71Paj-5KSKPWiMF2Xg%3D%3D      

Perils of indexing: https://www.apolloacademy.com/passive-investing-continues-to-grow/?mc_cid=b96852ce73&mc_eid=f63d36e99b When Boring Became Beautiful: https://www.wsj.com/finance/investing/index-funds-investing-stock-market-f747f46f?st=MNMje7&reflink=article_email_share Jonathan Clements Passes Away: https://www.wsj.com/finance/investing/jonathan-clements-longtime-wsj-columnist-dies-at-62-8753c01d?st=xc1CzU&reflink=article_email_share  

You Don't Want to Trade Stocks Like a Member of Congress: https://www.wsj.com/finance/investing/why-you-dont-want-to-trade-stocks-like-a-member-of-congress-82d8d929 AI Agents Are Getting Ready to Handle Your Whole Financial Life: https://www.wsj.com/tech/ai/ai-wall-street-investors-15ab24af?st=sb82kQ&reflink=article_email_share  

Active Managers Struggle During Volatility: https://www.cnbc.com/2025/09/05/active-funds-struggle-to-beat-index-funds.html Financial Bubbles Happen Less Often Than You Think: https://www.wsj.com/finance/investing/market-bubble-history-f6b3487b?st=sMkgH9&reflink=article_email_share Pokemon Cards As An Investment: https://www.wsj.com/finance/pokemon-cards-investment-0163e058