The Four Most Dangerous Words in Podcasting (EP.88)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 19 June 2019
⏱️ 36 minutes
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| 0:16.4 | Today's animal spirits is brought to you by Why Charts. We're going to be talking about a little bit of their research today, but one of the reasons that we enjoy using Why Charts so much is not only because it's a great place to come and do research on a bunch of different things, but they also do their own research and they kind of give you a leg up and a help by doing the research for you. So they've got a great piece on IPOs that we're going to discuss today. |
| 0:19.2 | So remember, if you go to YCharts, mention Animal Spirits, send you, it'll give you 20% off if you're a new subscriber. |
| 0:25.4 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:30.2 | Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:36.0 | Michael Batnick and Ben Carlson work for Rit Holt's wealth management. |
| 0:40.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect |
| 0:45.2 | the opinion of Ritholz wealth management. |
| 0:47.4 | This podcast is for informational purposes only and should not be relied upon for investment decisions. Clients of Ritholz wealth management |
| 0:53.9 | may maintain positions in the securities |
| 0:55.6 | discussed in this podcast. |
| 0:57.9 | There is an article a week ago from Tech Lunch |
| 1:02.0 | showing that 151 new unicorns joined the list in 2018 and a |
| 1:09.6 | unicorn is a private company valued at a billion dollars or more. So in 2018 more than 135 |
| 1:17.5 | billion dollars was invested in these companies or wait are they saying that |
| 1:22.4 | 135 billion dollars was invested or valuation went into those companies? |
| 1:26.4 | It sounds like it's got to be valuation, right? It said investors poured more than 135 billion dollars into those companies. |
| 1:32.1 | So you think that's actual cash? $135 billion into those companies. |
| 1:32.6 | So you think that's actual cash? |
| 1:35.0 | 135 billion was raised? |
| 1:36.3 | It says a 52% increase year over a year. |
| 1:38.6 | I understand that. |
| 1:39.2 | But do you think, I'm saying, this is your story, man, |
... |
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