Animal Spirits: Never Stop Buying Lottery Tickets

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

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We discuss:

  • Pros and cons of the new stimulus bill
  • The psychology of round numbers in markets
  • Tesla, Tesla, Tesla
  • Learning the wrong lessons from 2020
  • Robinhood is getting sued (and why it probably doesn’t matter)
  • Markets shouldn’t be this easy
  • The optimistic case for the 2020s
  • The first $1 trillion mutual fund
  • The biggest comeback of the year in the markets
  • Covid’s impact on poverty
  • Will the pandemic usher in UBI?
  • Waiting for a crash is a terrible strategy
  • My Tenet review and more

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