Animal Spirits Episode 69: Denominator Blindness

This week’s Animal Spirits with Michael & Ben is sponsored by YCharts:

Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service.

We discuss:

  • Flipping your home using Zillow
  • How accurate are Zillow’s house price estimates?
  • Why auto loans are not the canary in the coal mine
  • Why everyone wants to predict the next subprime
  • My car buying experience
  • Putting household debt numbers into perspective
  • Why student loan debt is rising in the 60 and up crowd
  • How big should your nest egg be at retirement?
  • The new Michael Mauboussin piece on market inefficiencies
  • What is alpha anyways?
  • Was it easier to invest in the 1950s, 60s, 70s, and 80s?
  • Wealthfront wants to be a bank
  • Why your tax refund was probably smaller than last year
  • Why do long/short fund expense ratios include dividends paid?
  • Should you hire someone to help run your 401k?
  • Our latest TV show, movie, and book recommendations and much more.

Listen here:

Stories mentioned:

Books mentioned:

Charts mentioned:

Email us at with any feedback, recommendations, or questions.

Follow us on Facebook.

Subscribe here: