On this week’s Animal Spirits, we discuss:
Old-money billionaires are chasing new tech riches
The shrinking public stock market
Tech billionaire busted for drug trafficking
I can't believe the "shrinking US stock market is alarming" myth has to be busted yet again but here we go…
The # of US stocks has been cut in half since 1997 but ex-US has doubled from 20k stocks to 40k in that time pic.twitter.com/X8t43OOyW1
— Ben Carlson (@awealthofcs) August 6, 2018
Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
I want to thank @elonmusk for the shorts. He is a man of his word! They did come with some manufacturing defects. #tesla pic.twitter.com/qsYfO8cbkp
— David Einhorn (@davidein) August 10, 2018
Wowowowow. Tinder on track for over $800M in 2018 revs.
— modest proposal (@modestproposal1) August 8, 2018
Walt Disney: An American Original