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Animal Spirits Podcast

The 3 Levels of Wealth (EP.302)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 5 April 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

On today's show we discuss why investors are always looking to catch a falling knife, a reversal in the markets since last year, why European stocks are outperforming, how money market funds became the biggest market story of the year, de-dollarization, some vacation thoughts from spring break and much more.  Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. ​​Thanks to Birddogs for sponsoring this episode! Enter promo code "SPIRITS" and get a free Yeti style tumbler with every order: https://www.birddogs.com/collections/pants?utm_source=podcast&utm_medium=influencer&utm_campaign=animalspirits(Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. 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. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's animal spirits is brought to you by bird dogs Michael. I'm on vacation right now

0:05.0

Not to brag and not to brag

0:06.7

I've been wearing bird dogs the entire time. I've been wearing bird dogs for years

0:10.2

Here's the best part of them one. They have a liner beautiful. No underwear no boxers the bird dogs themselves

0:17.7

Act as the shorts with the liner. They act as your own underwear two

0:20.8

This is probably their best invention they have and I don't know why other people haven't copied them

0:24.4

They have the side pocket for your wallet. I hate sitting on a wallet

0:29.5

But I want to have my wallet with me and the other thing is it's a zipper

0:33.2

So if I'm on the go I'm jumping it in out of the water. I don't carry cash

0:37.7

I'm a credit card guy. I can have my wallet right there. It doesn't matter never lose your wall

0:41.6

It's on the side you take your wallet in the water. That's a stretch. It's happened before

0:45.0

I'm just saying if it happens on accident

0:47.1

I jump in one of the kids pushes me in the pool. It's okay. It's safe. It's zipped in there. It's not an open pocket

0:53.1

Number three. Have you tried the pants before? Of course. I've got the joggers the joggers

0:57.7

Yes, I'm a new convert to the joggers

0:59.9

I've always worn the shorts. I wear the shorts all summer all vacation

1:03.4

But I'm a new convert to the joggers and I wore them to one of my daughter's basketball games a couple weeks ago

1:08.4

Someone said where'd you get those pants from? I said, oh these are bird dogs also have the liner. They're wonderful

1:13.9

I'm a huge fan of bird dogs. We're gonna have a link in the show notes if you would like to try bird dogs

1:18.8

Go to our show notes at animal spirits at a wealth of common sense or an investor

1:23.0

Click on the link get some bird dog joggers get some shorts yourself. I don't know two or three pair

1:27.4

You're set for the whole summer. Look at you fashion guy all jazzed up

...

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