Millennials on Communism (EP.120)

Animal Spirits Podcast

The Compound

Investing, Business News, News, Business

4.7 • 2.1K Ratings

🗓️ 8 January 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's episode, we discuss Ben's new book Don't Fall For It: A Short History of Financial Scams, the future of the publishing world, how markets respond to geopolitical uncertainty, why this bull market lacks euphoria, risks & opportunities from an aging population, how many people actually have a budget, 401k hacks and much 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	Today's Animal Spirits is sponsored by our friends at Why Charts.
0:04.0	One of the reasons that I like Why Charts is because it makes our lives easier as
0:09.2	someone who's trying to provide content to people.
0:12.0	So I wanted to see how US stocks have performed
0:17.1	under previous geopolitical crises. And so I went back and I looked at what
0:21.4	happened during World War II and the Korean War and the Vietnam
0:24.8	War and it was easy enough to pull up not only those charts but also put a headline on them.
0:30.4	So I put World War II and then in the bottom it has our little Redholtz wealth management logo so I love the fact that you can just take the data instead of having to transfer all over
0:39.4	Put it in your own thing. It looks good. Why charts does that for you? Go see them
0:43.1	tell them Animal Spirits send you and get 20% off of your initial subscription.
0:47.0	Welcome to Animal Spirits, a show about markets, life, and investing.
0:52.4	Join Michael Batnik and Ben Carlson. a show about markets, life, and investing.
0:52.8	Join Michael Batnick and Ben Carlson
0:55.1	as they talk about what they're reading, writing, and watching.
0:59.0	Michael Batnick and Ben Carlson work for Ritholz's wealth management. All opinions expressed by Michael and Ben or any
1:04.8	podcast guests are solely their own opinions and do not reflect the opinion of Ritholz wealth
1:09.3	management. This podcast is for informational purposes only and should not be relied upon for investment decisions.
1:15.0	Clients of Ritholz wealth management may maintain positions in the securities discussed in this podcast.
1:20.0	Welcome to Animal Spirits with Michael and Bend.
1:22.0	A hearty congratulations and Ben. A hearty congratulations Ben on the upcoming release of your third and final book.
1:28.0	Potentially. It could be after what I went through this week with it, but as people read this my book should be
1:35.5	available at all finer book establishments except your local bookstore because
	...

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