The Tim Weichselbaum Show

Comedian Michael Dragon joins me to talk about day trading the S&P 500 and other topics related to investing and finance. Usually people who are passionate about these topics aren't known to be the funniest people. Well times are changing, and thanks to r/wallstreetbets there are a lot more finance bros being born every day. Look out hedge funds, retail investors are becoming the new sharks. Michael Dragon on Instagram: https://www.instagram.com/michaeldragoncomedy Tim Weichselbaum on Instagram: https://instagram.com/timweichselbaum Chapters: 0:00 - Intro 1:04 - Getting to know Michael Dragon 12:50 - Comedy talk 35:03 - Stock market investing / trading 53:10 - r/WallStreetBets 54:23 - covered call ETFs 55:32 - Dividend yield chasing 57:00 - The options wheel strategy 1:04:00 - Day trading with 0dte options 1:05:33 - Swing trading, volume profile, daily scalping 1:16:45 - Gambler mindset and blowing up your account 1:23:58 - Using technical analysis for day trading 1:25:43 - Our biggest paper losses

I've been sober from alcohol for two years and there hasn't really been much to show for it, other than not embarrassing myself in public as often. It helps that I rarely am seen in public. I've become a very private individual and can only relate to the upper elite class. This podcast doesn't count as being personal, as I don't think anyone listens. These past few weeks I've been hyper focused on music production and options trading. Two of the most boomer hobbies in existence. Subscribe on YouTube, Apple, Google, Spotify, or your favorite platform: https://linktr.ee/twshow Tim Weichselbaum on Instagram: https://instagram.com/timweichselbaum Chapters: 0:00 - Intro

Handicapped people tend to be better than average people because they were forced to adapt due to their shortcomings. The average person just smooth brains their way through life without evaluating anything. Being called a boot licker doesn't offend me because it's usually door dashers who call me this. I respect people to some degree by default, but if your job is to deliver other people's food I can't say I value your opinions anymore than the opinions of an octopus or a tarantula. Subscribe on YouTube, Apple, Google, Spotify, or your favorite platform: https://linktr.ee/twshow Chapters: 0:00 - Intro 1:20 - People with an IQ of 70 9:06 - Being physically disabled, ALS 12:23 - Are people smarter now than in the past? 14:29 - The Trump cult, small town America 17:13 - Biden's border wall, student loan debt 20:45 - What it takes to be a good doctor, therapist 25:08 - Road rage homicide 32:03 - The struggle of being an Instacart shopper 39:18 - Being a lineman with epilepsy 45:41 - Being called a boot licker by a DoorDasher 1:03:09 - Outro

Having fun without alcohol is very hard, because you're thinking rationally. Being rational prevents you from taking risks, like leaving the house ever. Why leave the house when you're just going to be around people who are going to make you regret leaving the house? From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

Bone density is overrated, and only necessary for chumps who live their entire lives on a rock. What is it the stone age? All it takes to free yourself of this primitive force is to travel a few hundred miles away from the Earth and you'll never need to feel the pain of standing or sitting upright. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

Believe it or not, not all Baby Boomers are millionaires! Even though it seems like it would be relatively easy to become a multi-millionaire at this age group, there are still many who don't own their own homes. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

I enjoy the challenge of thinking of new strategies to solve complex problems. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

The 2030 problem is when all the boomers are going to be in retirement homes or graveyards, and this means the hikikomori won't be able to leech off them anymore. This is only true for the boomers that are below the average net worth, and can't simply pass their home down to their children. How will these coddled millennials fair without their parents to cushion them from the harsh economy? From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

Hikikomori is a Japanese word for adults who are smart enough to realize that life is better inside. Society and social interaction in general is overrated, and people who choose to opt out of this are ahead of their time. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

When somebody asks me about something, I don't assign labels like "good" or "bad." That's too binary. Instead, I'll remind them: It isn't what it is not. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

Being a rich kid is never fun. You get judged by cake eaters who are jealous of your privilege. It's even worse when they find out you aren't working and don't have to. So I'd advise that you at least get some sort of job, like one that has very few responsibilities, just so you can avoid awkward conversations with strangers. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

I try to avoid small talk with strangers, because it eventually leads to the awkward situation where they find out that I'm better than them at life. From episode 85 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=M7Gaf-BgxJ4

Trump was arrested and this makes him more attractive than ever as a candidate. Who wouldn't want to vote for an ex-president that went to jail for no real reason? In other news, I learned about Hikikomori, an advanced lifestyle invented by Japanese people. I used to think being a recluse was a bad way to live, now I'm convinced we are the ones who have figured out that avoiding society is actually the better way to do it. Subscribe on YouTube, Apple, Google, Spotify, or your favorite platform: https://linktr.ee/twshow Chapters: 0:00 - Intro 2:22 - Impatient stock broker 4:32 - Telling people what I (don't) do for a living 15:54 - It isn't what it isn't 17:12 - Living as a recluse (hikikomori) 39:53 - Why I respect the homeless, getting bored of hobbies 52:20 - Trump arrest 59:08 - Stealing from corporations (aka rich people) 1:09:21 - Selling Nvidia (NVDA) calls & puts

Admire the success of Sam Bankman-Fried - it takes a lot of talent and hard work to be successful! From episode 84 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=00A6Ju5AlnA

Sam Bankman-Fried learned from the mistakes of Bernie Madoff to become the successful entrepreneur he is today. Bernie's biggest error was stealing from the rich. It's much wiser to pull a reverse Robinhood if you want to stay out of prison. From episode 84 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=00A6Ju5AlnA

Sam Bankman-Fried is getting a lot of flak for being a so called money launderer and ponzi schemer, and the reason he's getting away with it is because he was smart enough to steal only from the middle class. At least this was true when I recorded this. I think he's back in jail now. From episode 84 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=00A6Ju5AlnA

Being funny is a rare gift, and it can't be denied once it has been proven. Some comedy elitists claim that Chris D'Elia is not funny because he does silly voices and not the type of comedy that they were taught is legitimate in their circles. I can get not enjoying his comedy, but to deny that he's funny is simply wrong. Look up his older stuff on YouTube from around 2011. Podcast links: https://linktr.ee/twshow Tim Weichselbaum on IG: https://instagram.com/timweichselbaum Chapters: 0:00 - Chris D'Elia isn't funny? 3:52 - Bill Cosby 6:19 - Was Hitler funny? Hitler's art 13:12 - Is Trump a fascist? 16:49 - Advice for anti-fascists 19:16 - Is America a Fascist country? 29:50 - The Second Amendment and Fascism 45:10 - Hitler's substance use 51:49 - Nazi doctors, having a Nazi relative 54:39 - Neo-Nazis and The Beatles 57:55 - Comedy gatekeepers & "real comedians" 1:07:43 - Mark Normand losing money on Bitcoin 1:09:58 - The realities of Bitcoin investing

I'm a reclusive person living alone in the middle of Texas, and another reclusive species is moving in. I'm not willing to burn the house down, so I have to fight the problem by cleaning it. This is an arduous undertaking for someone who can barely get out of bed in the morning. Podcast links: https://linktr.ee/twshow IG: https://instagram.com/timweichselbaum Chapters: 0:00 - Intro 0:28 - Texas heatwave, A/C preferences 10:29 - Brown recluse update 26:33 - Buying a vacuum cleaner 32:26 - Owning multiple homes 34:15 - Gay men stereotypes 38:10 - Miata update 44:29 - Installing a dash cam 55:27 - Diagnosing my gaming laptop 1:03:50 - Sleep apnea update

Let's give Stockton Rush another chance to redeem himself! We all make mistakes, and although profiting off of the Titanic may not seem right, it happened so long ago that it's practically a forgotten piece of history. What do you think? From episode 81 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=uY2fN6GTG0w

A lot of people have been piling onto Stockton Rush, claiming he was a bad person for supposedly not listening to the engineers he fired. That's very convenient for them to do now that he's gone and can't defend himself. I believe there are two sides to every story, and that Stockton might not be the one to blame for the implosion after all. Podcast links: https://linktr.ee/twshow Personal IG: https://instagram.com/timweichselbaum Timmy Gusto: https://instagram.com/timmygusto

I know we're in a recession when consumable items cost as much as electronics. For $43 you can buy permanent items like microphones, which could last forever. Spending this kind of dough on something that grows on trees is ridiculous. From episode 80 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=-FysPWribEk

J. Bruce Ismay caught a lot of heat for not going down with the Titanic, which I think is ridiculous. Just because other people died, why should he be shamed into isolation for surviving? The crypto market is stagnant and I'm stuck at home without a car during a heat wave. So there's not much else to do besides learn about shipwrecks and the Erie Canal. Podcast links: https://linktr.ee/twshow Chapters: 0:00 - Intro 4:22 - Losing interest in hobbies, bedroom fun 10:55 - Surviving the recession, r/antiwork 17:16 - $43 for paper towels?! 20:48 - Struggles of being a podcaster 22:52 - r/HydroHomies, sober update 28:48 - Sympathy vs empathy, coffee 34:00 - Losing your sense of humor with age, being isolated 39:15 - Erie Canal, Titan submersible 44:08 - Titanic (1997) 59:50 - Debunking Titanic factoids 1:08:08 - Gratitude, Miata, Trump

Personal finance has been my drug of choice for the past few weeks. This includes getting hyper-focused on things I used to find mundane such as credit card statements. Since I don't have much positive cash flow, I need to squeeze every penny I can out of credit card rewards programs. From episode 77 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=eS9MxtdVqxI

This newfangled chat GPT style AI is not worth the hype. It just takes something a human thought of and mushes it around. It's not replacing the human intellect. It's only making certain human jobs more valuable because of how bad it is in comparison. From episode 77 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=eS9MxtdVqxI

Seventeen is the age when I felt like a fully grown adult. Anything after that felt like excess years without any new development. Those last few years of high school are when your personality crystallizes into what it will be for the rest of your life. From episode 77 of The Tim Weichselbaum Show. Full episode: https://www.youtube.com/watch?v=eS9MxtdVqxI