Contagious Ignorance
The Dividend Cafe
The Dividend Cafe - The Bahnsen Group
4.9 • 572 Ratings
🗓️ 1 April 2021
⏱️ 12 minutes
🔗️ Recording | Apple Podcasts | RSS
🧾️ Download transcript
Summary
The actual event that I am discussing may be totally foreign to you, despite the fact that it has dominated the financial news for five or six days. There is a good reason for this if, indeed, it is true for you. The event has proven to be a really weak “news” story in my mind (not for lack of trying), but even apart from the broader news hype, it has further proven to be a weak “financial news” story, and that really, really comes not for lack of trying. This news story begs for us to address the subject of “contagion risk.”
After listening to this episode, you will know much more.
Transcript
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| 0:00.0 | Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio |
| 0:06.5 | and dividends in your understanding of economic life. |
| 0:12.6 | Hello and welcome to another edition of the Dividendon Cafe podcast and video. |
| 0:18.5 | This time recording here for my little spot at LAX getting ready to |
| 0:22.9 | jump on a plane. So I will be traveling to New York, the rest of today, and then we'll be done |
| 0:28.7 | for the week because tomorrow is good Friday. And so the Dividendon Cafe is coming to you on |
| 0:33.7 | Thursday this week in one of these very rare Friday market holidays. We'll have the long |
| 0:40.2 | weekend and then be back to normal next week. The topic this week at Dividing Cafe is solely |
| 0:48.1 | focused around the events of this week that probably for regular people watching regular news, |
| 0:56.0 | they may not have had to be exposed to it, but for folks that are somewhat gluttons for punishment that watch |
| 1:03.1 | financial news all week, this was the story. |
| 1:07.7 | It really began kind of last weekend and picked up, stayed constant throughout the |
| 1:13.9 | week. And it was a story of this private, what they're calling a hedge fund, but it wasn't even |
| 1:19.3 | a hedge fund. It was a private investment firm of a family office that sort of blew up late last |
| 1:24.6 | week. And to give you kind of the nutshell of the story, |
| 1:27.5 | I'm gonna apply this to you. |
| 1:29.4 | I'm gonna apply this to our clients. |
| 1:31.2 | I'm gonna apply this to other investors, |
| 1:34.0 | but I'm gonna use the story of what happened |
| 1:36.3 | to this particular private investment firm |
| 1:39.1 | to kind of draw a broader investment lesson for all of us. |
| 1:42.6 | And really, if you don't mind, |
... |
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