The 4 Types of Robinhood Traders

Anish Acharya and Matthieu Hafemeister from Andreessen Horowitz wrote an excellent piece this week about the rise of active investing among young people and why this trend is here to stay: A new generation of Gen Z investors are willing to take risks to counter a deck that may be stacked against them. Active investing is a…

How Much Money Do You Need to Make to Buy a New Car?

I first read The Millionaire Next Door a few years out of college. For some reason the following stats were the ones that jumped out at me the most: 63% of the millionaires surveyed for the book purchased or leased new cars but 37% bought used. 46% of these millionaires had either the current year…

Animal Spirits: The Active Management Resurgence

This week’s Animal Spirits with Michael & Ben is supported by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. If you’re looking for a new job at a fast-growing investment research firm, YCharts is hiring. We discuss: The most bullish thing about the stock market right now The…