On this week’s show we discuss company performance after a CEO leaves, never-ending finance arguments, what would happen if we banned buybacks, Elizabeth Warren’s plans to break-up big corporations, Tesla as a sentiment barometer, why China matters more to Hollywood than the US, the glut of realtors and much more.
Why are stock pickers having such a hard time? The answer is very simple.
Stocks are at all-time highs and big money is as unexcited about their prospects as they’ve been in 20 years.
On today’s Animal Spirits we talk with the great Eddy Elfenbein about his career, his ETF, and how he views the investment universe.
Articles A lot of things do not revert to the mean. By Morgan Housel How can more money cause problems By Blair duQuesnay If you are an aspiring influencer your number one goal should be to look for a different career. By Ramp Capital The hardest part about owning a concentrated portfolio isn’t financial risk…
Everything you need to know about recessions.
Some killer charts and data from Ed Yardeni on share repurchases.
On this week’s show we discuss the never-ending death of the 60/40 portfolio, why it feels logical and irrational to invest overseas right now, why rich people continue to work, how Blockbuster blew it with Netflix, the Influencer bubble may be popping, a recession may not be on the horizon, the age people are the most unhappy, Paul Rudd and much more.
It’s important to find people you respect who have different points of view.
The best stuff from last week