On today’s show we discuss
- Is it a bad idea to borrow money from my friend? (yes)
- Bird is raising more money
- And ScootScoop is taking their products
- You should only own the best stocks
- Do global stocks outperform US treasury bills?
- Passive investing is causing a market bubble, but not in stocks you’d expect
- Portfolios look alike
- $3.6 trillion of the S&P 500 is indexed
- Minivans are so 2005
- The U.S. dollar is on borrowed time
- Robinhood is raising money at a $7.6 billion valuation
- Betterment everyday
Listen here
Charts
Tweets
People saying that negative rates aren't natural. I'd argue that in the state of nature, negative rates are the norm (paying people to store and preserve your stuff). Positive rates are the weird deviation.
— Joe Weisenthal (@TheStalwart) July 25, 2019
Only 22 percent of U.S. adults are on Twitter, and 80 percent of the tweets come from 10 percent of users. If you rely on Twitter for political information, you are being informed by ersatz pundits residing within 2.2 percent of the population. https://t.co/E2hh7aNmaj
— Arthur Brooks (@arthurbrooks) July 28, 2019
