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Animal Spirits Podcast

Animal Spirits Unleashed (EP.01)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.7 • 2.1K Ratings

🗓️ 15 November 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

Both Ben Carlson and Michael Batnick joke that we probably talk to each other more than we talk to our own wives. Michael lives and works in New York while Ben lives and works in Michigan so the two are probably on the phone with each other a minimum of 5-6 times a day. We also hold simultaneous conversations with one another through direct messages Twitter, quick hits on Slack, text messages, email, and occasionally Skype. The majority of the time we talk about different research we're looking at, what we've been reading, crazy things going on in the markets, irrational things being said or done by investors, ideas for writing material, dad talk, what's going on with our own investments or personal finances, TV shows/movies/comedy specials we like or dislike and much more. So, like everyone else on the planet, we've decided to start our own podcast called Animal Spirits with Michael & Ben. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing.

0:07.0

I hate the people who talk about it all the time, so I didn't want to be one of those people.

0:11.0

From two guys who study the markets as a passion.

0:13.8

Can I count on you to talk me off the ledge partner?

0:15.8

Yes, and that's what this podcast is for.

0:18.9

And trade for all the right reasons.

0:21.2

That's my due diligence.

0:22.2

I'm in. Dude, if you're in, I'm in. Dude if you're and I'm in.

0:23.3

A line of thinking is the higher the volatility on an asset, the higher the volatility on

0:27.8

the opinions. So I feel like you have crazies on both sides.

0:30.7

Here's your host of animal spirits, Michael Batnick.

0:34.1

I can say that I was never driven by money.

0:35.9

So you were trading three times the leverage ETS for the love of the game.

0:38.8

Exactly, man.

0:40.1

I'm a purist, but anyway.

0:41.9

And Ben Carlson. This is true. I do not drink coffee. I've never been on Facebook. I've never done fantasy football. Oh one last thing. Michael Batnik and Ben Carlson worked for Ritholt's wealth management.

0:53.4

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and

0:58.0

do not reflect the opinion of Ritholt's wealth management.

1:00.8

This podcast is for informational purposes only and should not be relied upon for investment decisions.

1:05.6

Clients of RITOLT's Wealth Management may maintain positions in the securities discussed in this

1:09.7

podcast.

1:10.7

Now, today's show.

...

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