Animal Spirits Episode 43: Why Andy Dufresne Would Make a Good Money Manager

On this week’s Animal Spirits with Michael & Ben, we welcomed Morgan Housel back to the show. The three of us discussed:

  • Elon Musk’s bizarre tweet about taking his company private.
  • What odds we all place on TSLA actually going private with funding secured.
  • The shrinking U.S. stock market.
  • Is venture capital in a bubble?
  • Why everyone wants to get into private investments.
  • The impressive rise of Tinder, Slack, Snapchat, and Peloton.
  • Why Tinder might be the preferred sin stock of the future.
  • Is “The Netflix of…” the new “The Uber of…”?
  • Are there more suckers at the poker table in the VC market?
  • Do investors need to participate in private investments to take part in the growth of tech companies?
  • If you had to pick a fictional character to manage your money for you, who would you pick?
  • Is loss aversion a fallacy?
  • Our favorite books of the summer and much more.

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Photo of Prince Alwaleed and Snapchat founder Evan Spiegel mentioned:

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