meta_pixel
Tapesearch Logo
Log in
We Study Billionaires - The Investor’s Podcast Network

TIP533: How the Fed went Broke w/ Lyn Alden

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 12 March 2023

⏱️ 69 minutes

🧾️ Download transcript

Summary

Stig brings back one of our most popular and thoughtful guests, investment expert Lyn Alden. Together, they discuss how the Fed went broke and what the implication is for us as investors. 


IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:28 - What is on the balance sheet of the FED.

07:32 - Why the Fed should be profitable.

11:36 - Should central bankers be elected? 

21:09 - Why Lyn is bullish on India and Brazil.

36:39 - Whether the commercial bank system will allow a central bank digital currency. 

41:20 - How to build a monetary system for Argentina.

49:12 - How to build a portfolio optimizing for both sleeping well at night and independence. 

54:00 - How do we know that what we know about financial markets is true.

58:40 - Why you’re too concentrated if you’re super excited about your portfolio.

1:01:50 - How to spend money to optimize for happiness.


Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


BOOKS AND RESOURCES


NEW TO THE SHOW?


P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!


SPONSORS

  • Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.
  • Take advantage of the mid-market exchange rate whenever you convert or spend different currencies and enjoy no markups and no hidden fees with Wise.
  • Let an expert do your taxes from start to finish so you can relax with TurboTax.
  • Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.
  • Discover the easier way to help diversify your investment portfolio with CrowdStreet.
  • Get the professional support you need to prepare for your future career with UBC Sauder School of Business.
  • Get yourself a Blockstream Jade -- An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.
  • Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.
  • Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.
  • Support our free podcast by supporting our sponsors.


HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:03.0

In this episode, I invited back investment expert, Lin Alden.

0:07.0

Today, we discuss how the Fed went broke and analyzed the Fed's balance sheet

0:11.0

with an intercession into discussion of how to build a portfolio in a challenging macro environment.

0:15.0

And whether we should optimize for happiness in the process.

0:19.0

Lin Alden is always a wealth of knowledge and I hope you'll enjoy the conversation as much as we did.

0:25.0

You're listening to the Investors Podcast.

0:30.0

Where we study the financial markets and read the books that influence self-made billionaires the most.

0:36.0

We keep you informed and prepared for the unexpected.

0:48.0

Welcome to the Investors Podcast.

0:50.0

I'm your host, Dick Broderson and I'm here with Lin Alden.

0:53.0

You just know you're going to be in good company whenever Lin is here.

0:56.0

Lin, how are you doing today?

0:58.0

I appreciate that. I'm doing good. Happy to be here.

1:01.0

Fantastic. You're always welcome.

1:02.0

As we chat about just before we started the show, this is the 11th time that you're on our show.

1:07.0

And this is episode 533.

1:09.0

I mean, can you believe it?

1:11.0

So I don't want to do the numbers, but I don't know.

1:13.0

2% ish sounds about right?

1:15.0

This is you on the show.

1:17.0

So I hope we can increase that percentage as we go along.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.