Animal Spirits: Person of the Year

Today’s Animal Spirits is presented by GiveWell:

We discuss:

  • My trip to NYC
  • What if all the speculative stuff blows up but the market doesn’t care?
  • Better acquisition target: Robinhood or Peloton?
  • Why young people should hope for crappy returns over the next decade
  • Why young people won’t all freak out at the next bear market
  • I’m shorting magazine indicators
  • Can the Fed really do anything about inflation right now?
  • Inflation is personal
  • Why do car prices keep rising?
  • How corporations are taking advantage of higher costs
  • Is in-person dining at fast food restaurants a thing of the past?
  • The secret is out on 7.12% inflation bonds

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Transcript here:

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