Today’s Animal Spirits is brought to you by YCharts. Mention Animal Spirits to receive 20% off (*New YCharts users only)

Listen here
On today’s show we discuss
- Too many cars are under water…
- …But Ben says don’t worry
- SUVs vs Minivans
- Ray Dalio says the world has gone mad and the system is broken…
- …Ben says he is an expert on an earlier version of the world
- Bill Gates owns a lot of stock
- An article on the richest 1%
- Twitter cannot be fixed
- There is value in value
- Infinite (free) leverage
- A streaming survey
- A football player who is smart about his money
- A multi-trillion dollar cash hoard
Charts





Tweets
There are basically 5 ways to accumulate a billion dollars in America:
1) Profiting from a monopoly
2) Insider-trading
3) Political payoffs
4) Fraud
5) InheritanceNone of these has anything to do with being successful in the supposed free market.
— Robert Reich (@RBReich) November 10, 2019
Remember when Silicon Valley was a parody? pic.twitter.com/LqkVOosfUN
— Michael Batnick (@michaelbatnick) November 11, 2019
2019 is the year the term “smart money” officially died pic.twitter.com/NM9OTPKa2z
— Ben Carlson (@awealthofcs) November 6, 2019