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Slate Money

Slate Money - The Shared Values Edition

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 5 August 2017

⏱️ 43 minutes

🧾️ Download transcript

Summary

Felix Salmon of Fusion, senior strategy officer of a political risk startup Anna Szymanski, and Slate Moneybox columnist Jordan Weissmann discuss:

-       The rising stock market

-       The composition of index funds

-       Etsy

Check out other Panoply podcasts at megaphone.fm.

Email: slatemoney@slate.com

Twitter:@felixsalmon, @Three_Guineas, @JHWeissmann

Production by Daniel Schroeder


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

The following podcast contains explicit language.

0:10.3

Hello!

0:12.4

And welcome to the Shared Values edition of Slate Money,

0:17.9

your guide to the business and finance news of the week.

0:21.3

I'm Felix Hammond of Fusion. I'm here to talk with Anna Schumanski.

0:25.1

Hello.

0:25.6

It says here you're a senior strategy officer at a political risk startup. This is something I've not seen on my piece of paper before.

0:32.6

It's been there for a while. Yeah.

0:34.6

Oh my God. I never even noticed that. This is, this just goes to prove how much I... Wait, Anna, did you get a job? It's a job. It's a job. She's doing air quotes. Yeah, they're big air quotes. Okay, so, I mean, welcome Anna, who's a... Well, she's senior, which is good. And welcome to Jordan Wiseman, who's also senior.

0:55.5

You're a senior something something at sleep. Yes.

0:56.4

And we are going to actually do something, which we pride ourselves on generally not doing,

1:05.8

which is talking about the stock market.

1:07.3

We do it once in a while.

1:08.4

We do it once in a while.

1:09.9

And once in a while is more or less

1:12.4

the correct frequency to check in on the stock market. Especially the Dow. Yeah. It's like a pet you

1:19.4

don't have to mind too much. It's like a lizard of some sort or something. If, you know,

1:23.6

there are certain radio shows which pride themselves on doing the numbers every single day

1:29.5

and telling you what the stock market did this day compared to where it closed the last, the previous day.

1:35.1

That is stupid. Don't do that. Pay no attention to that. Do not sub-tweet. You know, I'm going to leave that alone.

1:41.7

Just go ahead. On the other hand, like paying no attention to the stock market whatsoever is if you do that, then you're missing out on an important data point.

1:52.2

So every so often, it's worth checking in on how it's doing.

...

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