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Animal Spirits Podcast

Never Bet Against America (EP.193)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 3 March 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

On this week's show we discuss the recent rise in interest rates, how much rates really matter to the markets, the latest Buffett shareholder letter, when value stocks turn into momentum stocks, bubble debates 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

Today's animal spirits is brought to you by our friends at Y-charts.

0:03.6

Last week, Michael and I went through a test of a new feature on Y-charts called Custom Securities.

0:09.7

And they walked us through this. It's great because you can upload your monthly returns,

0:15.2

or quarterly returns, but monthly is probably as you think daily even,

0:18.5

and input your own set of returns onto Y-charts. So they told us, let's say you have

0:23.0

historical returns for something like Enron back in the day, which no longer would be

0:26.3

on any research services. You could put those in and see what Enron Stock Price did back

0:30.4

in the 90s before it crashed. I think it crashed a little. What happened if you put $10,000

0:36.0

into Enron Stock, right? But for someone like us, our firm has our own tactical model that we use.

0:42.3

We have monthly returns for that. We could upload it and have all the tools that Y-charts has

0:46.3

for the research and do a look back for our monthly returns. We also have other data that we could

0:50.8

put in here. So it's a really cool thing. Custom Securities and Y-charts, go to Y-charts, tell them

0:55.1

animal spirits sent to you and get 20% off your initial subscription to the site.

0:59.0

Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik and Ben

1:05.3

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

1:11.1

Carlson work for Ritholds Wealth Management. All opinions expressed by Michael and Ben

1:15.4

or any podcast guests are solely their own opinions and do not reflect the opinion of Ritholds Wealth

1:20.3

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

1:24.7

investment decisions. Clients of Ritholds Wealth Management may maintain positions in the securities

1:29.2

discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. You prepared me for,

1:35.9

you were ready to take the other side on interest rates for me. So we've got a lot of questions

1:39.6

on rates lately because they're finally running a little higher. There was almost a little flash

...

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