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Animal Spirits Podcast

Living Through History (EP.171)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 7 October 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

On this week's show we discuss how crazy it is to live through a period of time that will go down in the history books, why this recession has been devastating to working women, the next Robinhood, the IPO boom, dividend stocks as a bond substitute 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

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0:00.0

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

0:05.0

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

0:11.0

Michael Batnik and Ben Carlson work for Ritholz Wealth Management.

0:15.0

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

0:19.7

and do not reflect the opinion of Ritholz wealth management.

0:22.4

This podcast is for informational purposes only. not be relied upon for

0:23.3

for informational purposes only and should not be relied upon for

0:26.4

investment decisions.

0:27.8

Clients of Ritholz wealth management may maintain positions in the securities

0:30.8

discussed in this podcast. Welcome to Animal Spirits with Michael and Ben.

0:35.4

Well, that was an interesting weekend.

0:38.0

I mean, you never know how history is gonna judge things now because people would look back differently but if somebody told you

0:44.5

let's say January 1st that come October I mean 30 days before the election

0:50.8

that the president to the United States was going to be in the

0:54.6

hospital from getting sick by a global pandemic. What would you have done with your

1:00.2

investments? That's a good question.

1:04.0

Junior gold miners.

1:05.0

Yeah, gold square.

1:07.0

Three times leverage.

1:08.0

Markets up 1.5% today.

1:10.0

Yes, I got some stats on this from previous that might help, but I think this weekend and that Friday,

1:16.3

Saturday, these are going to be the times people revert back to that mid-March period where we had Tom Hanks and his wife get it and then the

...

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