What happens to interest rates and market returns as societies become wealthier?
Ben Carlson
TL;DR: The Best Finance Books in One Sentence
Short summaries of some of the classic finance books.
Investing in a Negative Interest Rate World
How should investors think about investing in a negative interest rate environment?
Animal Spirits: The Bankrupt Barber
This week’s Animal Spirits with Michael & Ben is sponsored by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: How stocks have reacted to past Fed rate cuts There’s always a bull market somewhere Why is the stock market falling? Why aren’t there more unicorn…
Cheap Money vs. Investor Psychology
One of the biggest misconceptions about the Fed’s monetary policy is that low interest rates immediately cause investors to speculate or take on more debt. It would be silly to argue there hasn’t been any yield-chasing or excess risk-taking in recent years but there is a big difference between interest rate levels and credit (or…
Re-Kindled: Superforecasting
Michael and Ben review the lessons from Superforecasting by Philip Tetlock.
The Big Lie in Personal Finance
Don’t make it a habit of judging others based on their financial choices.
Thinking About the Alternatives
Come to Wealth/Stack in September!
Different Ways to be Rich in 2019
Different ways to become wealthy that don’t involve money.
Animal Spirits: Rush to the Exits
On this week’s Animal Spirits with Michael and Ben we discuss: Solar shaming Power laws in the stock market The insane number of stocks that end up losers The stealth king of the passive bubble Why a “rush for the exits” is a poor investment thesis Why are fewer people driving minivans? What would happen…