Animal Spirits Episode 23: The Lump Sum

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

  • What to make of stocks and bonds both falling in the first quarter.
  • Would you rather take $1 million now or $1,000 a week for life?
  • Why states are so strapped for cash.
  • How the world has changed since 2008.
  • Why people make emotionally charged arguments against stock buybacks (including U.S. senators).
  • This week’s chart crime.
  • The single best investment trait to compound your capital.
  • My contrarian stance on IPAs.
  • How many shows or movies are worthwhile enough to put down your phone.
  • Why relatives trump absolutes when it comes to wealth comparisons and much more.

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Chart crimes mentioned:

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