On this week’s Animal Spirits with Michael & Ben we discuss:
- How having kids has changed our perspective on our finances
- The rising cost of childcare
- The great baby bust of 2017
- Automation’s threat to the workforce
- Why market valuations are like NBA teams
- A slump in venture capital seed funding
- The holy grail of an investment process
- A blockchain explainer
- The problems that can arise from wealth
- Our worst iTunes review and more
Listen here:
Stories discussed:
- The great baby bust of 2017
- McKinsey: automation my wipe out 1/3 of workforce by 2030
- Solar panel prices plunge by a shocking 26% in one year
- There’s an implosion of early-stage VC funding, and no one’s talking about it
- The early stage slump
- Goldman Sachs warns that market valuations are at their highest since 1900
- Busy dying
- Prosperity is a state of mind
- The curse of the young millionaire
Books discussed:
Charts discussed:

Other resources:
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And check out past episodes here.