Today’s Animal Spirits is brought to you by DPL Financial Partners
We spoke to David Lau a few weeks ago about how they work with advisors. Check out the whole show here.
On today’s show we discuss:
- Packy’s latest on the creator economy
- What is NBA Top Shot?
- Michael Burry sold his GameStop stock in the fourth quarter
- Where to donate for Texas
- What are NFTs?
- Betting on binary events
- There is more demand than supply for Bitcoin
- Now showing Japan
- CoinBase is valued at $100 billion
- The case for third-party delivery
- Athlete ISAs
- Ted Seides with Michael Schwimmer
- Herd ammunity by April
0/ Retail trading is exploding & VC $ is following. @public raised $200M at a $1.2B valuation just 2 weeks after @RobinhoodApp raised $3.0B in a convert note at a 30% discount to the IPO, @etoro raised a 9 figure round , & B2B broker Apex is reportedly going public via a SPAC
— John Street Capital (@JohnStCapital) February 15, 2021
Wow… Robinhood up to $65B+ AUM (13mm users x $5000 average account size).
Last I saw was ~$20B last year.https://t.co/W9BjFKjh2J pic.twitter.com/JtDvbUXY21
— Jake (@EconomPic) February 18, 2021
This chart is just amazing. pic.twitter.com/mLcWQhm5jb
— Helene Meisler (@hmeisler) February 20, 2021
For all the sh#$ talking book/market receives, over the past 10 years the long-only metric has actually DONE BETTER than the other value measures that account for intangibles more robustly.
–US, top 1500, decile cuts, equal-weight, total returns.
–Stories > Results
— Wes Gray 🇺🇸🗽🤙 (@alphaarchitect) February 16, 2021
Simple Example: Start with $1 billion of equities and suffer a 20% drawdown, the equity exposure falls to
$800 million. If equities turn around and rally 20%, the portfolio will make only $160 million, not the full
$200 million you lost.
— Benn "DJ D-Vol" Is Not A Cat (@bennpeifert) February 19, 2021
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