Michael and Ben discuss the quick correction in tech stocks, Softbank buying call options on tech stocks & more.
Why Even the Best Stocks Have to Crash
Sometimes the biggest reason the stock market or certain stocks experience a severe decline in price is because they first experienced a massive rise in price. Trees don’t grow to the sky and all that. The pandemic has changed the way we view the many previously held ways of doing things which has led to…
The New Fed Mandate: Full Employment & Asset Bubbles?
As recently as the 1990s, investors were forced to guess what the Federal Reserve was going to do next based on the width of Alan Greenspan’s briefcase.1 Communication from the Fed is still relatively new, maybe two decades old. The 2008 crisis brought the Fed into the information age as Bernanke and company upped their…
The Economics of Parenting
How much does it really cost to raise a child?
How Much Money is Enough?
Some money lessons from the fast food industry.
Animal Spirits: Asset Price Hyperinflation
Michael & Ben discuss the Fed’s new mandate, inflation, Robinhood traders, a new way to buy a car and more.
The 2 Variables That Drive Stock Prices
The Jack Bogle expected returns formula.
My Strategy For Dealing With FOMO
When the fear of being in morphs into the fear of missing out.
Bull Case / Bear Case
Looking at both sides of every asset class at the moment.
The Case For a Post-Covid Spending Boom
American’s are sitting on trillions in excess savings at the moment.