Animal Spirits: The Rich Man’s Disease

On today’s Animal Spirits, we discuss:

Desks were not meant to be our altars 

Wealthy and miserable

Berkshire letter

This guy actually put $10,000 into Microsoft at its IPO

More credit card debt than emergency savings

A survey I don’t trust

A different look at sequence of returns 


Cell phone addictions

Listen here

Charts mentioned

Tweets mentioned


(Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers click here.)