March 2020

Animal Spirits: Bailout Main Street

On today’s episode, we discus:

-The number of businesses impacted by the Coronavirus shutdown
-The potential fiscal stimulus plan
-Why interest rates are rising
-How to think about rebalancing into the pain
-Great Depression comparisons and much more.

Animal Spirits: Is This Worse Than 2008?

On today’s show we talk about:
-The sudden economic stop
-Will people work from home after the virus passes?
-What if the NBA didn’t cancel their games?
-What happened with bond ETFs? And much more

How to Fight Hindsight Bias

Hindsight bias is a problem because it leads to overconfidence, which leads to more risk taking, which leads to bad decisions, which leads to lower returns.