The Only Rational Deployment of Our Ignorance

I was dubious of online conferences once this pandemic hit and everyone began hosting Zoom and Skype events but I’m coming around to the idea.

Sure, you don’t get the social and networking opportunities that you get at a normal conference but there are plenty of positives:

  • More people can attend
  • You don’t have to travel anywhere (this is a big one for me since I hate leaving my kids)
  • There are no awkward conversations with salespeople
  • You don’t have to wait 10 minutes for everyone to find their seats and quiet down before starting the next speaker
  • It’s much easier to perform a Q&A online
  • People have the opportunity to be more selective about the presentations/talks they listen to

I did a presentation for Ally Bank this week. The entire thing happened on Skype. All I had to do was share my screen and walk through my presentation from the comfort of my desk.

After my talk, they did a rapid-fire Q&A from the audience (which sounds like it was just over one thousand people) where I probably answered 7-8 questions.

There was no waiting for someone to walk up to the mic (which doesn’t work half the time) and no diatribes from someone who wants to prove to the room how much smarter they are than the speaker.

All in all, I was pleasantly surprised by how much I enjoyed this format.

I still enjoy the regular conference experience because of the social interactions they bring about. It’s much harder to develop meaningful relationships via Zoom.

But now that everyone is more comfortable hosting and attending video chats I think this format will work until the world gets back to normal.

It could be a while until regular conferences are back so this is what people will be dealing with for the foreseeable future. I think it can work for the right speakers and a willing audience.

Here’s the presentation I did on diversification:

Diversification Presentation by Ben Carlson on Scribd

UPDATE: I found the full presentation on video which you can watch here:
 


 
Here’s this week’s Animal Spirits video where we touch on the possibility of inflation, why investors would probably freak out from an inflationary spike, a potential spending boom, the post-WWII scenario for the economy, why poverty improved during a depression, why people will demand more fiscal stimulus in future recessions and more:
 

 
Now here’s what I’ve been reading lately:

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.