Animal Spirits: Bidding Wars

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

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We discuss:

  • Why food delivery is a terrible business model
  • Why didn’t GameStop raise money by issuing new shares?
  • Why SPACs are probably here to stay
  • Raising money in the capital markets is almost too easy right now
  • Why investors are always fighting the last war
  • Did we all underrate the Internet’s importance pre-pandemic?
  • Robinhood vs. sports gambling apps
  • Have big tech stocks completely changed market fundamentals?
  • The anti-survey segment is back
  • The housing market remains red hot
  • What if we just get a short-term inflation boost and then it goes back down?
  • The chart of the year (so far)
  • Bryan Cranston vs. Tom Hanks and more

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