Animal Spirits Episode 32: Big Mistakes

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

  • Michael’s new book (released today!): Big Mistakes: The Best Investors and Their Worst Investments
  • Where Michael came up with the idea for his book and how it felt to write about his own mistakes
  • Where the value and momentum premiums come from
  • Why investing is all about expectations and overreactions
  • Mary Meeker’s Internet Trends 2018
  • The growth in voice technology (even though we only use our Echos for music)
  • Amazon dot toast
  • Why most hedge funds don’t hedge
  • Why time horizon is so important when making personal finance decisions
  • Our advice for people trading companies in their own field
  • What is our definition of “long-term” when it comes to investing?
  • How news headlines affect market volatility and much more.

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