Animal Spirits: It’s Hard Being Rich

We discuss:

  • Is consumer debt out of control?
  • Lots of people and businesses are still in a world of financial pain
  • Why hasn’t technology played a larger role in helping with the pandemic?
  • Is it ok for rich people to complain about being rich?
  • Why do so many famous people need therapy?
  • You don’t achieve your way out of depression
  • Maybe buying expensive stocks isn’t that bad of an idea
  • Why are there outflows from stock mutual funds?
  • How baby boomers will screw up fund flow data in the years ahead
  • Keeping politics out of your portfolio
  • Is real estate the next big fintech play?
  • One purchase you don’t go cheap on
  • When compounding matters the most

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