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Animal Spirits Podcast

The Dumbest Week Ever (EP.200)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 21 April 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

On this week's show we talk about dogecoin, the crypto crash, money-losing companies, buyers of second homes, why 2008 broke so many brains, a shortage of homeowners, a new idea for Airbnb and 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. 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 Osprey.

0:02.8

The Osprey Bitcoin Trust ticker OBTC offers easy access to Bitcoin right from your brokerage account or IRA.

0:11.6

OBTC has the lowest management fee Bitcoin fund in the US.

0:16.2

If you want to hear Ben and I talk to our friend Phil Perlman from a few weeks ago on the psychology

0:21.1

of investing in Bitcoin, check that out. That's from April 2nd.

0:25.2

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

0:29.9

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

0:36.1

Michael Batnik and Ben Carlson work for Ritholds Wealth Management.

0:39.6

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

0:44.1

and do not reflect the opinion of Ritholds Wealth Management. This podcast is for informational

0:48.6

purposes only and should not be relied upon for investment decisions. Clients of Ritholds Wealth

0:53.0

Management may maintain positions in the securities discussed in this podcast.

0:57.3

Welcome to Animal Spirits with Michael and Ben. Well, that was one of the

1:00.4

crazier weeks we've had in a while. We had Dogecoin. How much was it up on the week? I don't know.

1:07.0

A lot. You have the $100 million Delhi. You have the Jake Paul fight, which did $65 million

1:16.4

in sales. One point, something million pay-per-view buys. I think it was the 12th

1:22.1

biggest fight of all time. How long did the fight last?

1:27.2

You have dapper labs raising money at a $7.6 billion valuation. You have me getting my money out

1:32.7

of dapper labs, credit to me. Only took a 15% loss, not bad. It's a $7.5 billion

1:38.8

company and I still can't get my money out. Can they invest in an ACH payment program now?

1:42.8

That they have this much money. They're worth this much money. Listen, they're doing KYC checks

1:46.8

and obviously they don't know you. They don't know you like that, Ben. I've been trying to get my

...

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