On today’s show, we are joined by Nate Conrad, Head of LifeX at Stone Ridge Asset Management to discuss how longevity income ETFs work, what LifeX is actually investing in, why matching spending with investment products is important, understanding the inflation adjustment for inflation protected income funds, declining LifeX fees over time, and much more!
Links
Animal Spirits: The Cost of the American Dream
On today’s show we discuss changing narratives in the markets, why interest rates are rising, why you should never take macro advice from hedge fund managers, why the S&P 500 is so hard to beat, living paycheck-to-paycheck on $150k, why the 2020s inflation was so painful, 7% mortgage rates, the downside of Waymo and much more.
Talk Your Book: The Next Big Short
On today’s show, we are joined by Jared Dillian, Founder of Jared Dillian Money to discuss Jared’s bearishness on private equity, understanding the demand side of private equity, a private equity sentiment bubble, an explosion of HVAC private equity deals, and much more!
Animal Spirits: The Envy of the World
On today’s show we discuss stock market return expectations for the next decade, why there’s no euphoria, Nvidia is a unicorn, the American economy is unstoppable, millennials are richer than expected, sports gambling is coming for ETFs, how to buy a house right now, Netflix won, coaching youth sports and much more.
Talk Your Book: Factor Investing with Dimensional Fund Advisors
On today’s show, we are joined by Rob Harvey, Co-Head of Product Specialists at Dimensional Fund Advisors to discuss how DFA separates itself as an asset manager, details around converting a mutual fund to an ETF, how DFA handled the meme stock craze, value vs growth, and much more!
Animal Spirits: The 1990s Really Were Better
On today’s show we discuss an unbelievable run for the stock market, diversification vs. hedging, an unprecedented surge in household wealth, the new normal of negativity, some nostalgia for the 1990s, the stock market doesn’t care who the president is, 100% yields, when to ask for an early inheritance, how to crack an egg correctly and much more.
Talk Your Book: Yield at What Cost?
On today’s show, we are joined by Jonathan Molchan, Managing Partner at STF Management to discuss how the trend following rules work, issues with traditional call option writing strategies, trend following performance through different cycles, and much more.
Animal Spirits: Money Buys Happiness
On today’s show we discuss calling a top in the stock market, why people don’t trust data, the economy is still fine, why yields are rising in a rate cutting environment, a bigger innovation than AI, the impact of climate change on the housing market, we are a nation of trucks, money actually does buy happiness and more.
Talk Your Book: Private Equity Deals with Ted Seides
On today’s show, we are joined by Ted Seides, founder of Capital Allocators to discuss his new new book Private Equity Deals: Lessons in investing, dealmaking, and operations from private equity professionals.
Animal Spirits: The Most Bullish Backdrop
On today’s show we discuss the biggest risk to the real estate market, why bull markets are different today, gold & stocks both hitting ATHs, the US economy is sitting pretty, wearable AI glasses, bullish housing demographics, Michael’s favorite horror movies and much more.
