Animal Spirits: Anti-Carry

On today’s show we discuss:

-Picking pennies up in front of a steam roller without getting steamrolled
-How to get exposure to Bitcoin and stocks in one wrapper
-Finding income in a low rate world, and much more

Animal Spirits: Lifestyle Creep

On today’s show we discuss:

-Why living paycheck to paycheck on 100k isn’t a bad thing
-Why the hot housing market is nothing like the housing bubble
-Why Peloton is B.S. , and much more

There’s no inflation. Yes there is.

Inflation is an interesting thing. People who have an opinion before they see the data don’t update their priors once the numbers are revealed. Imagine this for a second. General Motors reports revenue of $32 billion. One group of people argue that it’s understated, while another group argues that it’s overstated. You would never see…