On this week’s Animal Spirits, we discuss: My book, Big Mistakes Why and how value and momentum investing work.  Mary Meeker’s internet trends Amazon dot toast A hedge fund blow up A Bill Gross hiccup Listen below Charts mentioned     Recommendations Big Mistakes: the Best Investors and Their Worst Investments The Space Barons: Elon…

Ben and I will be doing our first live Animal Spirits at EBI West in a few weeks. One of the things we’ll be discussing is what Finance Twitter might have been like during moments in financial history. The Great Depression, 1987, and the tech bubble. For example. It’s going to be a lot of fun,…

Fifty years ago today, the S&P 500 closed above 100 for the first time ever. The New York Times ran the following headline on the cover of the business section. The funny thing about going through old news papers is how some things never change. This sentence could be in tomorrow’s paper: “Yesterday’s upswing, they…

It’s finally here, my book officially comes out this week. The other day I said to my wife, “Wow, I really did it. I wrote a book.” She replied, “What’s the Netflix password?” Like my wife, you might already be over my book, even if you haven’t read it yet. I get it. Congratulations Twitter…

Articles Experience is not the same thing as expertise. By Ben Carlson The difference between Value and Momentum lies in where the mistake happens By Jesse Livermore, Chris Meredith, CFA, and Patrick O’Shaughnessy, CFA So, once more I raise my lance, spur on my faithful destrier, and charge, dreaming the impossible dream that this time I’ll be…