In this week's episode of Reformed Millennials, Broc and Joel discuss 2 general millennial Investment strategies #1 - Professor Galloway shared his advice for 25 year olds, what to look for to find assymetric outcomes and the anecdote that selling half on a double and freerolling the rest is actually a bad idea - and #2 - how the trend of making increasingly more risky decisions to "catch up" to where you believe you should be in life plays out in end. Of course at the end we'll also share some more specific examples of companies and trends that could fit in those buckets including Nintendo, Netflix and Wyndham hotels.

Listen on Apple, Spotify, or Google Podcasts.

If you aren’t in the Reformed Millennials Facebook Group join us for daily updates, discussions, and deep dives into the investable trends Millennials should be paying attention to.

👉 For specific investment questions or advice contact Joel @ Gold Investment Management.

📈📊Market Update💵📉

Overview

This trading week is only four days long due to the Labor Day holiday on Monday. Major companies reporting their quarterly performances include Lululemon Athletica (ticker: $LULU) and Zscaler (ticker: $ZS). Investors will be looking for more commentary from Affirm (ticker: $AFRM) management on their partnership with Amazon (ticker: $AMZN) during the earnings call on Thursday. 

Key Earnings Announcements

• Yesterday: , Coupa Software (ticker: $COUP), SmartSheet (ticker: $SMAR)

• TODAY: PODCAST FAVORITES - Lululemon Athletica (ticker: $LULU), GameStop (ticker: $GME), RH (ticker: $RH)

• September 9th: Zscaler ,  Affirm (ticker: $AFRM), Academy Sports and Outdoors , Traeger

• September 10th: Kroger Co.

Investor Events To Watch Out For

• September 8th: Tim Wan, CFO of Asana (ticker: $ASAN), presents at Wolfe Research Inaugural TMT Conference

• September 9th: Tony Capuano, CEO of Marriott International (ticker: $MAR), will speak at Bank Of America Securities Gaming And Lodging Conference

• September 10th: Michael Linford, CFO of Affirm (ticker: $AFRM), participates in fireside chat at the Deutsche Bank Technology Conference

Market Tweets of the Weekend:

Bitcoin needs to hold 46k:

And ADA needs to hold its previous spring high:

Canadian Housing Market Vs. USA:

Ritholtz Wealth @RitholtzWealth

Why U.S. Housing Prices Aren’t as Crazy as You Think "But there’s another reason the housing market isn’t as crazy as you think — housing prices in the rest of the developed world have outpaced prices in the U.S. for some time now." buff.ly/3yScMF9 by @awealthofcs

11:00 PM ∙ Sep 7, 2021

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💸Reformed Millennials - Post of The Week

Ive Been Trying To Better Understand NFTs and What They Mean:

Attached are two really thoughtful articles. First, a post about what it means for modern art.

So here we are, but instead of 1890 when Modern Art began, it’s 2021 when NFT art is beginning. Are you going to go score yourself an investment? Or do you prefer to sit back and watch until you see who the most valuable artists are. Either way, it’s an exciting time for this digital revolution going on in our lifetime.

THE SECOND IS FROM MY MAIN MAN PACKY MCKORMICK:

Not Boring by Packy McCormick

Status Monkeys

Welcome to the 1,901 newly Not Boring people who have joined us since last Monday! Join 67,713 smart, curious folks by subscribing here: 🎧 I lost my voice a little singing too much at the wedding, audio versions will be back soon…

Read more

2 years ago · 65 likes · 4 comments · Packy McCormick

https://medium.com/.../heres-why-nft-art-is-blowing-up...

Patrick OShaughnessy @patrick_oshag

Have been lucky to meet with or study hundreds of companies in 2021. Here's an ongoing list of company attributes that I find interesting...

8:08 PM ∙ Aug 20, 2021

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🌊 Best Links of The Week🔮

• Wyndham Hotels - Loyalty matters (podcast)

• Netflix & Video Games - Matthew Ball (essay)

• Prof G. Millennial Investment Strategy (podcast)

• From Walkman to iPod: What Music Tech Teaches Us About Innovation (article)