Animal Spirits: Borrowing From the Future

On this week’s Animal Spirits, we discuss:

$250 trillion in debt

Dalio could lose 1% a day for a year and still be worth $400 million

Don’t take asset allocation advice from billionaires

It’s hard to pinpoint how many assets are really indexed


Using the lottery to spur savings

The long game

J.P. Morgan going after affluent millenialsĀ 

The incredible shrinking hedge fund

In the matter of Cadaret, Gran & Co. (UWTI)


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Charts Mentioned

Tweets Mentioned


Lake Success

North Star podcast