Today’s Animal Spirits Talk Your Book is brought to you by Exponential ETFs

On today’s Animal Spirits Talk Your Book we discuss:
Are some stocks too big to succeed?
It’s relatively easy to beat the market
Do stocks outperform treasury bills?
Is the S&P 500 the world’s largest momentum strategy? (no)
But it is the largest let your winners run strategy
The average dollar invested in U.S. stock funds outperformed before fees
Listen below
Charts mentioned


Tweets mentioned
The market cap of the top 5 S&P 500 companies:
$4,095,058,706,432
The market cap of the bottom 282 S&P 500 companies:
$4,092,769,755,136 pic.twitter.com/qqcuOs0Qki
— Michael Batnick (@michaelbatnick) July 18, 2018