Today’s Animal Spirits with Michael and Ben is brought to you by EquityZen. EquityZen is giving Animal Spirits listeners half off their first investment minimum by going to equityzen.com/animal – usually a $20K minimum investment – we’re giving you $10K minimum. We discuss: The coming Airbnb IPO Are there any likable tech CEOs? WeWork’s latest PR…
Ben Carlson
The Cost of Selling Your Home
What are the frictions involved in the home selling process?
Crazy But True
In doing some research for my stock market explainer piece from last week I came across a crazy but true stat about the stock market: The feedback on these types of stats is something of a Rorschach test for investors. I got the usual comments about Japan, buy & hold doesn’t work, maybe people should…
Can We Talk Ourselves Into a Recession?
Narratives often drive the economy but figuring out the prevailing narrative has never been harder.
Explaining the Stock Market to Big Cat
Dan Katz (Big Cat of Pardon My Take fame) and Alex Rodriguez (J Lo’s boyfriend) had Mad Money’s Jim Cramer on the latest episode of their podcast, The Corp, this week. Big Cat expressed a number of concerns about the stock market to Cramer, claiming he doesn’t play the stock market because it’s like a…
Animal Spirits: Michael’s Brain Fart
Michael and Ben discuss everything they’re reading, writing, watching, and thinking about on this week’s Animal Spirits.
Yes, the Stock Market is Going to Crash
How to deal with the inevitability of stock market crashes.
A Market of Stocks
On a total return basis, the S&P 500 is up almost 22% on the year.1 To state the obvious, this means the underlying securities included in the S&P 500 are having a good year as well. But there’s still a wide range in outcomes for the performance of the individual stocks in the S&P. For…
The Powder Keg of Comparison
Everyone lives in a relative world when it comes to money and buying stuff.
Passive Bubble Feedback
Does it matter if investors keep buying regardless of valuations?
