This week’s Animal Spirits with Michael & Ben is sponsored by YCharts:
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We discuss:
- The dreaded yield curve inversion — useful signal or noise?
- Who’s smarter — the bond market or the Fed?
- Which generation is in more trouble financially — millennials or boomers?
- Who ya got — Kahneman vs. Cialdini?
- Why IPOs are almost always oversubscribed
- Better investment — real estate or stocks?
- Bitcoin volume is fake. Do HFTs make stock market volume similarly overstated?
- New hedge funds vs. old hedge funds
- Simple vs. complex
- Behavioral lessons from the blackjack table & much more
Listen here:
Stories mentioned:
- Yield curve inversions aren’t great for the stock market
- How your kids can ruin your retirement
- Kahneman on intuition
- Why are IPOs oversubscribed?
- Scared of stocks? Buy a house instead
- Majority of bitcoin trading is a hoax
- Hedge fund launches fall to 18 year low
Books mentioned:
- The Checklist Manifesto by Atul Gawande
- Where the Crawdads Sing by Delia Owens
- Predictably Irrational by Dan Ariely
Charts mentioned:
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TV Shows/Movies/Podcasts Mentioned:
- Catastrophe (Amazon Prime) – Pretty much the perfect comedy for the streaming era. It’s just 4 seasons with 6 episodes per season and each episode is only 30 minutes a piece. A hilarious and perfect take on marriage and having kids.
- Green Book – I’m not exactly going out on a limb by recommending the movie that won best picture at the Oscars but I enjoyed this one. Viggo Mortensen and Mahershala Ali were a wonderful duo.
- Us – Michael came away confused by this new horror movie from Jordan Peele.
Email us at animalspiritspod@gmail.com with any feedback, recommendations, or questions.
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