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.

The Ritholds Wealth Management may maintain positions in the securities discussed in

this podcast.

On today's show, we are joined by Samir Kajy to talk about all things venture capital.

Ben, when we hung up with Samir, he made an interesting analogy that in 2021, everybody

was super excited to buy a Volvo and pay BMW prices.

Now you can buy BMW prices, you can buy, man, you got a good look at a butcher.

Now you can buy BMWs at Volvo prices and nobody wants to do it, such as the nature of

human investing.

Yeah, in both the venture capital space and in the stock market, where I'm just going

to take an easy way until the dust settles and see what happens instead of actually putting

your money to work when things are down.

So there are a bunch of platforms for advisors to connect private investments, whether it's

real estate, private credit, whatever, with individual investors, family offices, wealth

managers and that type of thing.

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