Is Financial Education Working? (EP.413)

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 21 May 2025

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 413 of Animal Spirits, ⁠⁠⁠Michael Batnick⁠⁠⁠ and ⁠⁠⁠Ben Carlson⁠⁠⁠ discuss: how retail became the smart money, why long-term investing caught on, where the money is coming from to buy the dips, chances of re-testing the lows, the Moody's downgrade, millionaires next door, takeout food culture, the broken housing market and much more! This episode is sponsored by Nuveen and YCharts. Invest like the future is watching. Visit: https://www.nuveen.com/future to learn more. Learn why 9 out of 10 advisors say YCharts is a best-in-class platform at YCharts.com. Sign up for The Compound newsletter and never miss out: ⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠ Find complete show notes on our blogs: Ben Carlson’s ⁠⁠⁠A Wealth of Common Sense⁠⁠⁠ Michael Batnick’s ⁠⁠⁠The Irrelevant Investor⁠⁠⁠ Feel free to shoot us an email at ⁠⁠⁠[email protected]⁠⁠⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This message is brought to you by Nouveen. What does it mean to invest like the future is watching?
0:05.0	It's one of the largest global investment leaders managing $1.3 trillion in public and private assets.
0:09.7	Newveen is uniquely positioned to take on tomorrow today. Combining over 125 years of deep expertise across income with innovative alternative solutions,
0:18.5	New Vien adapts to the needs of investors as they change, offering reliability, access,
0:22.1	and foresight to its clients, communities, and the global economy, all in the pursuit of lasting
0:25.4	performance.
0:26.4	Newveen, invest like the future is watching.
0:29.1	Visit nuvine.com slash future to learn more.
0:31.8	Investing involves risk.
0:33.2	Principle loss is possible.
0:35.5	Today's episode is brought to you by our friends at Y charts.
0:38.6	Ben, you and I primarily use Y charts for the data platform side of it.
0:44.6	The charts, the ratios, the economic data, all that sort of stuff.
0:51.1	But advisors are using it in a totally different way.
0:54.0	They are using it for proposal generation, meeting prep. They're using the AI tools, the extraction tools.
1:01.0	Scenario analysis. All that good stuff. Yeah. So Y-charts surveyed their advisor clients.
1:07.6	Advise using the platform added 33 million and new AUM last year and saved over 20 hours a month on research, propulsive generation and meeting crop. So it's efficiency gains, right? I think the AI chat is the one that is the new one for me that I've been using a lot. Get this data for me, put it into an Excel file. Does it respond, Ben, just use a target date fund? No.
1:28.2	Not yet.
1:33.9	Click the link in the show notes to learn why nine out of ten advisors say whitecharts is the best in class platform.
1:35.7	I hear from our very own Nick Majuli.
1:43.2	If you click that link, there's a webinar or a video that he did on how their new risk profile feature makes it easier for advisors to match portfolios to client risk.
1:54.0	Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. All opinions expressed
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