Animal Spirits Episode 42: Funding Secured

On this week’s Animal Spirits with Michael & Ben we discuss:

  • Elon Musk and the prospects for Tesla actually going private.
  • Was “funding secured” one of the best days ever on Twitter?
  • Why are stock buybacks now the scapegoat for wealth inequality?
  • How could we actually fix wealth inequality?
  • Why housing plays such a large role in the wealth of the middle class.
  • Could technology make gold obsolete?
  • Why it’s so difficult to invest after a market crash.
  • Amazon’s clothes are pretty nice.
  • Is the CAPE ratio useful as a timing indicator?
  • What can help if your asset allocation is a mess?
  • The best books to read when developing an investment philosophy.

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