Animal Spirits Episode 46: How the Financial Crisis Affected Millennials

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

  • The lingering impact from the financial crisis on investor risk appetite.
  • How a financial crisis in your formative years can leave lasting scars.
  • Every generation has their own ‘Death of Equities.’
  • Even the Fed makes decisions based on pasts crises.
  • Cliff Asness on how to think about performance struggles.
  • Is there mean reversion in liquid alts?
  • Are half of all young people deleting the Facebook app?
  • Will half of all colleges be bankrupt in 10-15 years?
  • How much money will you spend in retirement?
  • Fake day trading guys concoct the worst Ponzi Scheme of all-time.
  • Why do athletes keep hiring scumbag accountants?
  • Can you use Google trends to invest?
  • What if Goldman Sachs would’ve purchased iShares in 2009?
  • Some follow-up thoughts on the FIRE movement and much more.

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