Today's Animal Spirits talk your book is brought to you by Fabric Risk.

Go to FabricRisk.com to join the wait list to gain early access.

So if you're a financial advisor, check it out, and your email,

that's FabricRisk.com, and you can learn how to

help your clients better understand the risk in their financial plan.

Welcome to Animal Spirits, a show about markets, life, and investing.

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

Michael Batnik and Ben Carlson work for Ritholds Wealth Management.

All opinions expressed by Michael and Ben, or any podcast guests,

are solely their own opinions, and do not reflect the opinion of Ritholds Wealth Management.

This podcast is for informational purposes only,

and should not be relied upon for investment decisions.

Clients of Ritholds Wealth Management may maintain positions in the securities

discussed in this podcast.

On today's show, we speak with Rick Bookstaber from Fabric,

and Rick is probably not a name you've ever heard of,

but very important in the industry.

I should say he's held a lot of very prominent positions.

For example, Rick was Morgan Stanley's first risk manager.

Some of this is from Wikipedia.

He moved to Solomon Brothers and was in charge of firm-wide risk.

He had similar roles at Moore Capital.

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