Animal Spirits Episode 14: Cash on the Sidelines

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

  • My recent trip to Disney.
  • Has the Fed been punishing savers through low interest rate policies?
  • What’s a retiree to do when yields are so low?
  • Is there a fair valuation for the stock market? Has it changed over time?
  • Are investors holding too much or too little cash in their brokerage accounts?
  • Do different cultures have different feelings about risk?
  • Why it was so difficult to invest in stocks in 2009 and 2010.
  • How unique this stock market run has been.
  • What’s the best insurance for a black swan event?
  • Will podcasting kill conferences?

Listen here:

Stories discussed:

Books mentioned:

Podcasts mentioned:

Charts mentioned:

Cartoons mentions:

I gave a speech to a very large group of advisors who worked for a bank in Italy a few years ago. It was an awesome experience. This was the intro they created for my speech (which I mention in a story on this episode).

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