Today's animal spirits is brought to you by Composer.

Michael and I have been talking to the founders of Composer for a number of months now

to kind of better learn how their website works.

And this is a cool thing.

So I pulled up two different, what do you call it, symphonies.

Well, what is Composer?

And this is back out. What's Composer?

So Composer is basically a place where you can do quantitative rules-based frameworks

for asset allocation, trading strategies.

And you can go really deep on here.

You're basically creating your own algorithms using their tools.

It's like a portfolio visualizer, like one to step further.

And you can actually implement all of those back tests.

Yes. So just to give you a better idea of the various strategies you can do on Composer,

some of them could be very detailed and more trade-oriented.

Some of them could be more longer-term.

So they have one that's called the Stoic Finance Presence, inflation spiral hedge.

Obviously, this is a strategy that is looking to take advantage of inflation.

And this has commodities, gold, short 20-year-plus-year treasuries, and consumer staples.

So four ETFs.

This portfolio was 40% in 1919, Germany.

I can't remember what those years were, but just go with it.

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