“The supply and demand for gold affects its price and its price affects supply and demand”
On today’s show we talk about one of the most important topics in personal finance, home ownership.
Michael and Ben discuss renting versus buying, how to think about starter homes, where your house fits into your retirement plan, and much more.
History can only tell us what has happened, not what can happen.
On today’s show we discuss:
-Antitrust hearings and Mark Zuckerberg’s emails
-Why index funds aren’t killing capitalism
-How Apple continues to grow, and much more
The big are getting bigger, and the small are being swallowed up
The big five are such a large percentage of the market, it hardly matters what the rest of the stocks are doing.
“Technology stocks on balance were more likely to have generated extreme negative than extreme positive decade horizon shareholder returns in the seven decades since 1950.”
-Stocks are a video game
-Praying for beta
-Antitrust laws, and more
History is rhyming
The level of bearishness from older folks, given where the market is, is both surprising and completely understandable.