Animal Spirits Episode 36: Black Swan Growth

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

  • Some things you may not have known about index funds.
  • Why average hedge fund fees are declining (and why most investors will still pay higher fees).
  • Hedge funds and private equity looking to monetize the poor.
  • Why pension funds don’t attract better investment talent.
  • How to avoid financial fraud.
  • Fact-checking the 10k baby boomers retiring everyday stat.
  • The half-life of wealth.
  • The enormity of the Esports business (and why is ‘sports’ in the title?).
  • Why there are fewer “defensive” stocks in the S&P 500.
  • Mutual fund revenues still dwarf those from ETFs.
  • How Dilly Dilly ads from Bud Light are making you drink more beer.
  • Why Liam Neeson movies are the index fund of Hollywood and much more.

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