Animal Spirits: The Active Management Resurgence

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

Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. If you’re looking for a new job at a fast-growing investment research firm, YCharts is hiring.

We discuss:

  • The most bullish thing about the stock market right now
  • The junk stock rally
  • How leverage turns the smart money into dumb money
  • Is 2021 finally a stock-picker’s market?
  • People really like getting checks from the government
  • Could inflation fix wealth inequality?
  • Why did baby boomers have so much more wealth than millennials at the same age?
  • Why this is the best time ever for start-ups
  • Is the stock market rigged against mom and pop investors?
  • How much money do you need to make to buy a new car?
  • Why timing the housing market is a loser’s game and more

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