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On today’s show we discuss:
- LISTENER SURVEY (giving away six $50 gift cards)
- Why the stay-at-home economy is here to stay
- There’s a new group of Bitcoin buyers
- The tyranny of index funds
- Dividends fell, but not by much
- A generational wealth gap
- Data on student loan debt
- The government will lose $400 billion on student loans
- Why do poor people waste money on luxury goods (highly recommend)
- Publicly traded TikTok mansions
- We need to build more homes
- We’re only halfway through the virus
- AirBnb S1 (Byrne Hobart substack)
- Amazon health
Listen here:
Recommendations:
- George Clooney is cool
- How I Invest My Money
- The Crown
- Packy McCormick Substack
- Ugly Delicious
- Sorry to Bother You
- Manchester By the Sea
Charts:
Tweets:
Wow, Affirm S1: "Peloton, represented approximately 28% of our total revenue for the fiscal year ended June 30, 2020" https://t.co/jnKkawZn5d pic.twitter.com/Xdg4JfmypS
— Julie VerHage (@julieverhage) November 18, 2020
Wow. BlackRock CIO of Fixed Income Rick Rieder talking about Bitcoin replacing gold on CNBC this morning. pic.twitter.com/9KZR0muJVp
— Pomp 🌪 (@APompliano) November 20, 2020
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