Funding Secured (EP.42)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 15 August 2018
⏱️ 33 minutes
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Summary
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| 0:00.0 | Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing, |
| 0:06.4 | hosted by Michael Baddick and Ben Carlson, two guys who study the markets as a passion, |
| 0:11.4 | and invest for all the right reasons. |
| 0:14.6 | Michael Batnik and Ben Carlson work for Rit Holt's wealth management. |
| 0:18.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of |
| 0:23.9 | Ritt Holt's wealth management. This podcast is for informational purposes only and |
| 0:27.8 | should not be relied upon for investment decisions. Clients of Ritthold's |
| 0:31.0 | wealth management may maintain positions in the securities discussed in this podcast |
| 0:35.8 | Welcome to Animal Spirits with Michael and Ben |
| 0:39.2 | So funding security this continues to get adder by the day. So this morning, Elon Musk released another statement. |
| 0:47.0 | I don't even know what to make it at this point, but the funny thing to me is that no matter what happens, |
| 0:52.0 | the people who are involved in Tesla become more |
| 0:54.9 | entrenched either way so if you're long Tesla you view everything he's doing as |
| 0:59.6 | genius and if you're short Tesla you view everything he does as idiotic. |
| 1:03.8 | Don't you see both sides? |
| 1:05.0 | Oh, of course I do, but it's just funny to me how no matter what happens, they become more entrenched. |
| 1:10.0 | And that's why I wouldn't want to touch this thing because there's so much like emotion involved. |
| 1:15.4 | And it is kind of hard to believe because I don't know. |
| 1:18.6 | It seems like he's making this up as he goes, but like it almost it's almost like he could have he's playing poker and he does the flush and he gets a car |
| 1:26.4 | turns over at the end that saves the day for him or something right like if this Saudi deal |
| 1:30.4 | comes through well speaking of making it up as he goes I don't know where |
| 1:34.4 | he got this but he wrote in the letter my best estimate right now is that |
... |
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