Slate Money - The "You Say Beeta, I Say Beta" Edition
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 8 April 2017
⏱️ 42 minutes
🧾️ Download transcript
Summary
Felix Salmon of Fusion, Slate Moneybox columnist Jordan Weissmann, and emerging-markets expert Anna Szymanski, discuss:ProPublica’s report that minority neighborhoods pay higher car insurance premiums than whiteRentberry, a controversial new company that allows renters to bid on apartmentsThe popularity of smart beta investing
Check out other Panoply podcasts at megaphone.fm.
Email: slatemoney@slate.com
Twitter: @felixsalmon, @JHWeissmann, @Three_Guineas
Production by Zachary Dinerstein.
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:05.0 | Hello! |
| 0:07.1 | And welcome to the You Say Beta, I Say Beta edition of Slate Money. |
| 0:13.1 | Your guide to the business and finance news of the week we are recording on Jordan Weissman's birthday. |
| 0:20.5 | Happy birthday, Jordan. Hello. Thank you, Felix. |
| 0:23.1 | We have really two weeks worth of news to cover here because frankly, we covered no news |
| 0:30.0 | whatsoever last week with Bianca Bosca and our sloppy wine episode. |
| 0:38.4 | We're going back to basics here, |
| 0:40.4 | but over the past couple of weeks, |
| 0:43.1 | we had the official triggering of Article 50. |
| 0:47.9 | Britain is going to leave the European Union in March of 2019, |
| 0:57.2 | and I'm very sad about that. And we're not going to talk about that. |
| 1:03.3 | We are going to talk about racial discrimination in car insurance. And we're going to talk about whether you can use like market mechanisms to set rents on the internet and websites. And we're |
| 1:10.7 | going to talk about smart |
| 1:12.4 | beta, which is one of these weird things, which everyone thinks they know what it is. |
| 1:17.4 | And whether it's eating active management, we're going to talk about all manner of stuff. |
| 1:22.4 | But because we're not talking about Article 50, we are not going to talk about the fact that a company which is quite close to my heart, and which we've talked about on this show in the past, Unilever looks like it's going to finally get rid of its weird schizophrenic existence where it has, it's two different companies, one of which is English and |
| 1:44.6 | one of which is Dutch, and they have two different boards of directors, which coincidentally |
| 1:48.0 | have exactly the same members on them. And it's just like one of the most bizarre and |
| 1:53.6 | anachronistic corporate structures in the world. And with the exit of Britain from the EU, it's going to come to an end. And |
| 2:02.5 | Unilever is going to have to make a decision about whether it is going to have its headquarters |
| 2:07.1 | in London or whether it is going to have its headquarters in Rotterdam. And the answer is, |
... |
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