Michael Batnick @michaelbatnick Twitter profile

Last Seen Profiles

@__usama54

@90ordnasselA

@howard_coombes

@Sunset_TP

@gentrifighter

@goodacrewillie

@pyoapple

@acervomanga

@Mnak14

@gruppa_voina

@glosserafim

@naishasaintus_

@coachalpogue

@Posemesh

@Chemmmz

@CrackMcCraigen

@AES_TQStars

@HAOW_424

@eto_sister

@Newaygoathletic

@wonbinloverclub

@draft_fpl

@KatrinaDeCuba

@ariavelieee

@FabreVictoire

@cryptoartsy

@AmaHawkeye

@axeesoxee

@firminoret

@shirock_

@amou_torihiki

@chibastationnn

@johncanzanobft

@JaeeMaraj

@pinkurohai

@Ankido_

Michael Batnick

@michaelbatnick

3 years

"Charlie Munger doesn't get it." -Nicholas, 22, owner of .19 shares of Tesla

220

835

13K

Michael Batnick

@michaelbatnick

3 years

COINBASE CEO SOLD $291 MILLION OF HIS SHARES ON OPENING DAY. Coinbase CEO sold 1.5% of his shares on opening day.

511

875

12K

Michael Batnick

@michaelbatnick

3 years

Berkshire has $145,600,000,000 in cash. $0 in Bitcoin.

811

992

11K

Michael Batnick

@michaelbatnick

6 years

The market cap of the top 5 S&P 500 companies: $4,095,058,706,432 The market cap of the bottom 282 S&P 500 companies: $4,092,769,755,136

304

5K

10K

Michael Batnick

@michaelbatnick

5 years

The average CEO listens to 60 podcasts a day.

712

936

9K

Michael Batnick

@michaelbatnick

3 years

$1 invested in Bitcoin in July 2010 is worth $800,000 today.

279

1K

8K

Michael Batnick

@michaelbatnick

3 years

Have fun staying poor.

467

425

8K

Michael Batnick

@michaelbatnick

3 years

Cars gain 10% in value as soon as you drive off the lot.

138

331

7K

Michael Batnick

@michaelbatnick

3 years

It doesn't make sense that Coinbase is worth more than ICE (NYSE) and CBOE combined. That would be like if Tesla was worth more than the combined market caps of GM, Ford, Daimler, BMW, Ferrari, and Volkswagen.

157

435

6K

Michael Batnick

@michaelbatnick

2 years

MicroStrategy holds ~$5.9 billion in Bitcoin. Its market cap is $5.3 billion.

358

349

6K

Michael Batnick

@michaelbatnick

3 years

Thinking you’re late to crypto is like thinking you’re late to the internet in December 1999.

231

672

6K

Michael Batnick

@michaelbatnick

4 years

Where to invest: $1- Scratch-off ticket $10- Cocktail $100- Good meal $1,000- Weed Stocks $10,000- Bitcoin $100,000- Banana on wall $1,000,000- 60/40 $10,000,000- Hedge funds $100,000,000- NYC Penthouse $1,000,000,000- Sports team $10,000,000,000- Election $100,000,000,000- Mars

135

858

6K

Michael Batnick

@michaelbatnick

4 years

An asteroid could strike earth tomorrow, wiping out mankind, and the stock market would be up 2%.

307

606

5K

Michael Batnick

@michaelbatnick

2 years

48

397

5K

Michael Batnick

@michaelbatnick

2 years

Elon Musk discloses $11 billion short position in Twitter.

238

222

5K

Michael Batnick

@michaelbatnick

5 years

The Patriots have signed John Bolton to a 1-year, $4 million deal

109

680

5K

Michael Batnick

@michaelbatnick

4 years

We've gone from recession to depression to recovery to euphoria in less than 100 days.

154

721

5K

Michael Batnick

@michaelbatnick

3 years

Just sold my 2014 Ford Focus for $123,000.

224

135

4K

Michael Batnick

@michaelbatnick

2 years

Elon Musk: “I’m the richest troll in the world” Ken Griffin: “Hold my Constitution”

69

331

4K

Michael Batnick

@michaelbatnick

3 years

I woke up at 6:45 this morning. My kids got up at 7, or 3.5% later.

101

94

4K

Michael Batnick

@michaelbatnick

4 years

Wow, they're talking about a $6 trillion stimulus package. A trillion is such a big number that it loses all meaning. Here's some context, one trillion seconds is 31,709 years.

144

931

4K

Michael Batnick

@michaelbatnick

2 years

CFO: "We expect full-year revenue to come in at $34 billion, up 24% y/o/y, but below the $34.1 billion we previously expected." Market: -23%

68

161

4K

Michael Batnick

@michaelbatnick

3 years

This is your last chance to buy the Bitcoin dip until the next Bitcoin dip.

121

230

4K

Michael Batnick

@michaelbatnick

3 years

Inflation is below 2%

31

318

4K

Michael Batnick

@michaelbatnick

4 years

Imagine not knowing there’s a microphone in AirPods.

124

136

3K

Michael Batnick

@michaelbatnick

2 years

It's been fifteen years since you could beat inflation with a savings account.

109

755

3K

Michael Batnick

@michaelbatnick

3 years

GameStop just fell 40% in 15 minutes. If you don't think this could happen to the S&P 500, you're right.

87

164

3K

Michael Batnick

@michaelbatnick

4 years

Apple 4:1 stock split. Tim Cook wants that Robinhood money.

73

361

3K

Michael Batnick

@michaelbatnick

3 years

To anger a value investor, tell him Warren Buffett got lucky. To anger a growth investor, tell him Tesla is a bubble. -Teddy Roosevelt

57

213

3K

Michael Batnick

@michaelbatnick

2 years

Textbook: "Stock splits have zero economic impact" Market:

147

190

3K

Michael Batnick

@michaelbatnick

6 years

"The definition of “rich” is passive income that’s greater than your burn." by @profgalloway

55

848

3K

Michael Batnick

@michaelbatnick

3 years

Ladies and gentlemen, the weekend.

144

227

3K

Michael Batnick

@michaelbatnick

4 years

Why doesn’t Chipotle do breakfast bowls? Replace rice with eggs and they’ll be a Dow stock in 12 months.

99

162

3K

Michael Batnick

@michaelbatnick

3 years

The S&P 500 is now up 100% from its March 2020 lows.

108

419

3K

Michael Batnick

@michaelbatnick

2 years

Stocks tend to bottom long before the economy does.

86

672

3K

Michael Batnick

@michaelbatnick

4 years

It appears that Elon Musk's account was hacked by Elon Musk.

54

258

3K

Michael Batnick

@michaelbatnick

4 years

Two types of Coronavirus investors here: The ones buying Zoom and Slack quoting Elon And The ones buying cruises and airlines and quoting Buffett

126

341

3K

Michael Batnick

@michaelbatnick

3 years

Am I diversified?

286

137

3K

Michael Batnick

@michaelbatnick

3 years

If a stock falls 70%, the most it could lose is another 30%.

213

97

3K

Michael Batnick

@michaelbatnick

3 years

And there it is, The Big Long This Hedge Fund Made $700 Million on GameStop

66

364

2K

Michael Batnick

@michaelbatnick

4 years

My plumber just called me. He bought Kodak yesterday at $9. Sold it today for $20. Have a nice day

124

154

2K

Michael Batnick

@michaelbatnick

5 years

If you make $50k a year and don't eat food, don't drink coffee, don't have kids, and don't pay taxes, this house could be yours in 750 years.

145

337

2K

Michael Batnick

@michaelbatnick

3 years

"Every crash in history was a buying opportunity," he said to himself, with the market 2% off its all-time high.

22

101

2K

Michael Batnick

@michaelbatnick

3 years

Move over, growth stocks.

105

125

2K

Michael Batnick

@michaelbatnick

4 years

Am I doing this right?

122

403

2K

Michael Batnick

@michaelbatnick

3 years

Berkshire Hathaway is up almost $100 billion on their Apple investment. They paid $36 billion, sold $11 billion worth, and are now sitting on 907 million shares valued at $124 billion.

74

244

2K

Michael Batnick

@michaelbatnick

2 years

Gas to fill up an SUV: $75 Gas to buy an NFT: $150

85

176

2K

Michael Batnick

@michaelbatnick

3 years

Let the Market Worry For You

67

492

2K

Michael Batnick

@michaelbatnick

3 years

This is super bullish for stocks. Jack up rates and people will never sell. Biden creating a nation of Diamond hands.

121

176

2K

Michael Batnick

@michaelbatnick

4 years

If you owe the bank $100, that’s your problem. If you owe the bank $25 trillion, and rates are at 0.5%, and the bank will lend to you in perpetuity, it’s nobody’s problem.

60

290

2K

Michael Batnick

@michaelbatnick

5 years

The average American has less than $10 billion in their savings account.

108

181

2K

Michael Batnick

@michaelbatnick

4 years

Most Zooms should be Slacks, most FaceTimes should be phone calls, most blogs should be tweets, and most emails should be deleted.

57

305

2K

Michael Batnick

@michaelbatnick

3 years

Relax everybody, the lowest oil can go is -$37

45

114

2K

Michael Batnick

@michaelbatnick

3 years

Warren Buffett has a net worth of $90 billion. 100% of that came after his seventh birthday.

68

82

2K

Michael Batnick

@michaelbatnick

2 years

Feels kinda early for tax-loss harvesting

52

88

2K

Michael Batnick

@michaelbatnick

4 years

The Dow is 25% off its highs and 22% off its lows.

39

363

2K

Michael Batnick

@michaelbatnick

3 years

Munger is worth $2 billion. Buffett is worth $105 billion. Time for Warren to find a new friend.

86

61

2K

Michael Batnick

@michaelbatnick

4 years

2020 has: -The income inequality of the gilded age -The election of 1896 -The pandemic of 1918 -The economy of 1929 -The social movements of the 1960s -The stock market of 1987 -The speculation of 1999 -The housing market of 2006

All Wrapped In One - The Irrelevant Investor

This year has included some versions of the following: The income inequality of the gilded age The election of 1896 The pandemic of 1918 The economy of 1929 The social movements of the 1960s The...

theirrelevantinvestor.com

45

644

2K

Michael Batnick

@michaelbatnick

4 years

The five biggest stocks in the S&P 500 have a weighting equal to the bottom 350 stocks (up from 282 in July 2018)

82

800

2K

Michael Batnick

@michaelbatnick

4 years

Instead of giving every person in this country $1 million, Apple decides to boost their buyback by $50 billion.

176

122

2K

Michael Batnick

@michaelbatnick

3 years

Bitcoin is down more than 50% from its highs. This could never happen in the stock market.

368

100

2K

Michael Batnick

@michaelbatnick

2 years

Zoom is now 1/10th the size of Exxon Mobil after passing it during 2020

57

230

2K

Michael Batnick

@michaelbatnick

3 years

You can still trade GameStop at Lehman

46

120

2K

Michael Batnick

@michaelbatnick

3 years

Tom Brady was down by more than 800% and came all the way back. 🐐

38

78

2K

Michael Batnick

@michaelbatnick

6 years

Just a normal day...

57

380

2K

Michael Batnick

@michaelbatnick

5 years

❤️ Logan Graham Batnick ❤️

184

7

2K

Michael Batnick

@michaelbatnick

4 years

4 of the 25 worst days ever have come in 2020.

115

420

2K

Michael Batnick

@michaelbatnick

3 years

Negative rates for savings accounts makes sense. I mean, why should the bank hold your money for free?

344

86

2K

Michael Batnick

@michaelbatnick

2 years

@awealthofcs That's like taking five shots at a bar and then driving 90 mph to get home before you're drunk.

46

118

2K

Michael Batnick

@michaelbatnick

3 years

Alphabet approved buyback of $50 billion worth of stock, just to see if there is liquidity

32

88

2K

Michael Batnick

@michaelbatnick

2 years

Extreme pain is concentrated in high multiple tech stocks, but there's damage all over the place. JP Morgan -31% Starbucks -40% Disney -47%

85

400

2K

Michael Batnick

@michaelbatnick

4 years

Quote map for the correction: -5% Buffett -10% Marks -15% Keynes -20% Bogle -25% Taleb -30% Munger -40% Nietzsche -50% Sun Tzu

79

232

2K

Michael Batnick

@michaelbatnick

4 years

The stimulus package is at the 1 yard line, and it's 9th down.

79

116

2K

Michael Batnick

@michaelbatnick

3 years

I’m getting paid a 1.3% yield to stake my SPY at Schwab.

73

47

2K

Michael Batnick

@michaelbatnick

4 years

When you’re a great paper trader and somebody asks to see your results.

27

305

2K

Michael Batnick

@michaelbatnick

4 years

50

130

2K

Michael Batnick

@michaelbatnick

4 years

Joe Rogan has a higher market cap than Ford and U.S. Steel combined.

36

163

2K

Michael Batnick

@michaelbatnick

2 years

Not surprised Brady's coming back. Between Bitcoin getting cut in half and inflation running high, guys gotta put food on the table.

37

77

2K

Michael Batnick

@michaelbatnick

3 years

Large stocks are trading like penny stocks. DoorDash is up 50% in 5 days. Its market cap just passed FedEx.

100

132

2K

Michael Batnick

@michaelbatnick

5 years

And for that reason, I'm out.

53

156

2K

Michael Batnick

@michaelbatnick

5 years

Bulls and bears RN

81

286

1K

Michael Batnick

@michaelbatnick

5 years

White Claw in talks to buy Anheuser Busch for $185 billion.

39

123

1K

Michael Batnick

@michaelbatnick

3 years

Pullbacks only look healthy when they happen in other people's stocks.

30

87

1K

Michael Batnick

@michaelbatnick

3 years

Markets are efficient

52

51

1K

Michael Batnick

@michaelbatnick

4 years

Been home for twenty minutes and my three year old hasn’t said a thing about the 1,000 point decline. Way too complacent, we’re going lower.

34

69

1K

Michael Batnick

@michaelbatnick

4 years

If you put $10,000 into stocks at 3:35...

115

66

1K

Michael Batnick

@michaelbatnick

3 years

If the Fed would have just let the economy enter a Great Depression, consumer prices wouldn’t be rising.

43

142

1K

Michael Batnick

@michaelbatnick

4 years

This belongs in the Smithsonian

62

139

1K

Michael Batnick

@michaelbatnick

4 years

Stocks are surging, S&P 500 -1.75%.

33

61

1K

Michael Batnick

@michaelbatnick

6 years

The median retirement balance in the United States for people ages 56-61 is $25k. This could have been accomplished by investing $6 a month since 1980 into a 60/40 portfolio.

101

506

1K

Michael Batnick

@michaelbatnick

3 years

Short sellers (Soul was so good)

34

89

1K

Michael Batnick

@michaelbatnick

2 years

Everything's getting more expensive. We need to send out checks to help fight inflation.

108

67

1K

Michael Batnick

@michaelbatnick

3 years

These are the new rules: Dips last 6 minutes Pullbacks last 6 hours Corrections last 6 days Bear markets last 6 weeks

44

128

1K

Michael Batnick

@michaelbatnick

3 years

Meet the 97-year-old entrepreneur interested in cryptocurrency.

35

44

1K

Michael Batnick

@michaelbatnick

2 years

Largest market cap decline ever, by a lot

44

176

1K

Michael Batnick

@michaelbatnick

5 years

APPLE LEAVES RATES UNCHANGED

28

115

1K

Michael Batnick

@michaelbatnick

3 years

I know one has absolutely nothing to do with the others, but just to show the magnitude of this move: AMC is up 63x YTD Amazon is 60x over the last 14 years Berkshire Hathaway is up 61x over the last 30 years.

49

152

1K

Michael Batnick

@michaelbatnick

3 years

Pay me in GameStop

24

48

1K

Michael Batnick

@michaelbatnick

5 years

"The stock market is a giant distraction to the business of investing" Jack Bogle has done more good for the average investor than anyone who ever lived.

13

258

1K

Michael Batnick

@michaelbatnick

3 years

If every company puts just 1% of AMC onto their balance sheet, it can hit 100k.

38

46

1K