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Animal Spirits Podcast

The Round Trip (EP.259)

Animal Spirits Podcast

The Compound

News, Business News, Investing, Business

4.7 • 2.1K Ratings

šŸ—“ļø 1 June 2022

ā±ļø 43 minutes

šŸ§¾ļø Download transcript

Summary

On today's show we discuss what the narrative would be if we went back to new highs, why high oil prices are so worrisome, why the housing market is more important than the stock market, some good news about the U.S. economy, the new Top Gun and much more. Ā  Find complete shownotes on our blogs...Ā Ben Carlson’s A Wealth of Common SenseĀ Michael Batnick’s The Irrelevant InvestorĀ Like us on FacebookĀ And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.Ā  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 Masterworks Ben. I am at the dashboard with all the

0:05.7

offerings. You see what I'm saying? Yes. Just poking around, looking at the art. I see this

0:10.6

glen like on this, this is a painting. It's called The Stranger. What are your thoughts?

0:14.8

It really speaks to me. It speaks to me. Listen, I don't think we pretend to understand art in

0:20.2

many ways, but this one is a solid color. Well, is it known? Click it. At first blush, it appears

0:27.0

to be solid black. But you see what's going on here? You said it. No, explain it to that, my friend.

0:33.6

That's art. I can't explain it. If you don't say it, I can't explain it. Okay. Art is like

0:38.2

crypto in some ways. It speaks to some people, not other people. It makes a lot of sense. Here's

0:42.4

the best part about Masterworks. This year, especially, nothing's going down. Has anything in your

0:47.1

portfolio and Masterworks gone down? No, here's what I love about this. You could click on the

0:53.0

deal sheet and Ben, since you don't know what you're looking at, let me just explain it to you.

0:56.7

This painting is a characteristic example of glen like going to textbook. Say this is textbook Ben.

1:02.2

I'm sorry. I miss red. It's not textbook. It's text-based. This is a text-based work which explores

1:07.8

the themes related to authorship, history, and identity. Well, the good news is Masterworks actually

1:12.8

picks out the painters and the paintings for you, so you don't have to do it. They hand select them

1:16.5

ahead of time, and then you get to invest in which ones you want to do. So go to masterworks.io,

1:21.6

slash disclaimer, to learn more. Welcome to Animal Spirits, a show about markets, life,

1:27.8

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

1:33.0

writing, and watching. Michael Batnik and Ben Carlson work for Ritholds Wealth Management.

1:38.7

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

1:43.2

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

1:47.6

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

...

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