Is Betting Better?

Talking Real Money - Investing Talk

Don McDonald

How To, Business, Education, Investing

4.5 • 811 Ratings

🗓️ 23 October 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Could betting markets predict the future? The evidence shows that the "wisdom of crowds" has been pretty accurate. In finance, they call it "the efficient market." Essentially, this means that, in aggregate, a large crowd (like the global stock market) is likely to be a more accurate future prognosticator than you or even professional managers. Then listeners ask: What are the best investments for young grandchildren? Should dividends be reinvested or paid out? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.0	18 plus subscription required season C's apply.
0:34.9	Reality radio for a really great future.
0:38.0	We're talking real money.
0:40.8	Hello, friends.
0:42.2	Welcome to another exciting edition of the Talking Real Money, Money, Money, Money podcast.
0:47.4	I am Don McDonald.
0:49.1	Over there, 3,000 miles away across the room.
0:52.2	The biggest room.
0:53.5	This is the biggest room in the world. It's a 3,000- away across the room. It's the biggest room. This is the biggest room in the world.
0:56.5	It's a 3,000 mile long room from, as a matter of fact, the gray panels are identical.
1:02.1	Look at that.
1:03.2	The sound panels.
1:04.1	I hate those lights, though.
1:05.3	They're just, well, I hate the lights there.
	...

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