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Animal Spirits Podcast

Cancel All the Debt (EP.177)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 18 November 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

On this week's show we discuss vaccine Mondays, why the market doesn't care about increasing cases, what's the best age to die, making emergency funds obsolete, too much cash on the sidelines and more. 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

Click on a timestamp to play from that location

0:00.0

By now you guys have heard us talk about Masterworks.

0:02.8

I.O. the fine art investing platform.

0:05.4

But if you haven't, go back and listen to our interview with their CEO,

0:09.9

Scott Lynn, that was back in April.

0:12.4

I had a blog post out this weekend detailing how I invest my own money and included that I have personally invested in art on Masterworks. Ben has done the same. Just last week, Masterworks announced that their first Banksy masterpiece was acquired,

0:26.7

resulting in a 32% return net of fees. Obviously past performance is no guarantee of future performance and all of that good stuff.

0:34.7

Check out Masterworks.io today and their art experts will help create a custom portfolio to match your investment needs.

0:41.4

Again that's Masterworks.

0:43.0

I.O. Tell them Animal Spirits sent you to skip their 10,000 person

0:46.8

wait list today. See important information at Masterworks.

0:50.3

I.O. slash disclaimer.

0:51.6

Welcome to Animal Spirits, a show about markets, life, and investing.

0:57.0

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

1:03.6

Michael Batnick and Ben Carlson work for Ritt Holt's

1:06.1

wealth management.

1:07.1

All opinions expressed by Michael and Ben, or any podcast

1:09.9

guests are solely their own opinions

1:11.6

and do not reflect the opinion of Ritt Holt's wealth management.

1:14.5

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

1:19.6

Clients of Ritt Holt's wealth management may maintain positions in the securities discussed in this

1:23.3

podcast.

1:24.3

Welcome to Animal Spirits with Michael and Ben.

...

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