Animal Spirits Episode 22: Horizontal Support

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

  • Why the current low interest rate environment is so challenging for investors.
  • Why share buybacks get such a bad rap.
  • The psychological difference between dividends and buybacks.
  • The difficulty in running a hedge fund.
  • Why wealthy investors prefer to pay higher fees.
  • The problem with choosing an advisor based on a beauty contest.
  • Do people need more life insurance?
  • Go anywhere funds.
  • Why momentum is such a misunderstood phenomenon in the markets.
  • What active mutual funds are up against.
  • The crazy real estate stories coming out of the Bay Area.
  • Michael explains technical analysis to me and much more.

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