Talk Your Book: Derek Thompson Feels Like He's Taking Crazy Pills

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 26 April 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of Animal Spirits: Talk Your Book, ⁠Michael Batnick⁠ and ⁠Ben Carlson⁠ speak with Abundance author Derek Thompson about his new book, what it means in the current environment, why the supply chain is so important for consumers and what comes next in the trade war. This episode is sponsored by Betterment Advisor Solutions. Grow your RIA your way at: https://www.betterment.com/advisors Find complete show notes on our blogs: Ben Carlson’s ⁠A Wealth of Common Sense⁠ Michael Batnick’s ⁠The Irrelevant Investor⁠ Feel free to shoot us an email at ⁠[email protected]⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: ⁠https://www.idontshop.com⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠ The Compound Media, Incorporated, an affiliate of ⁠Ritholtz Wealth Management⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠https://ritholtzwealth.com/advertising-disclaimers⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today's show is brought to you by our sponsors at Betterment Advisor Solutions.
0:04.2	Imagining a better future is the first step.
0:07.2	Investing in that future with Betterment Advisor Solutions is the next.
0:10.3	Whether you're launching your own practice, looking to streamline client onboarding, or just
0:13.9	searching for efficient ways to scale your firm, Betterment Advisor Solutions is here to help.
0:18.2	They automate to make tax optimization simpler. They provide support
0:22.2	to make administrative tasks easier. At Betterment Advisor Solutions, they are building innovative
0:27.2	technology, all for anyone who's ever said, I think I can do better. So grow your RIA,
0:32.6	your way with Betterment Advisor Solutions. Learn more at betterment.com slash advisors. Investing
0:37.4	involves risks.com slash advisors. Investing involves risk,
0:38.3	performance not guaranteed. Welcome to Animal Spirits, a show about markets, life, and investing.
0:48.9	Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.
0:54.1	All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the
0:58.4	opinion of Ridholt's wealth management.
1:00.4	This podcast is for informational purposes only and should not be relied upon for any investment
1:05.1	decisions.
1:06.2	Clients of Ridholt's wealth management may maintain positions in the securities discussed in
1:10.1	this podcast.
1:14.3	Derek, Tomp. Ridholt's wealth management may maintain positions in the securities discussed in this podcast. Derek Thompson, welcome to Animal Spirits. Hey, great to be here. All right, for our audience,
1:20.0	who might not be as online as the average citizen and doesn't know abundance, the book that
1:25.3	you wrote with Ezra Klein, What is abundance? But hold on,
1:27.6	there's the second part of the question. Is this book now completely useless given the change in the
	...

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