Unaffordable Housing (EP.225)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 6 October 2021
⏱️ 56 minutes
🧾️ Download transcript
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| 0:00.0 | As many of you already know, we're big fans of masterworks.io, the first and only platform |
| 0:05.4 | for investing in fine art. Ben and I have personally invested in a handful of blue chip artworks |
| 0:09.8 | along with Paki McCormick, Mev Faber, Nick Majuli, and Ram Capital. Yesterday, Masterworks announced |
| 0:16.1 | a $110 million Series A value of the company at over $1 billion around the applause. |
| 0:23.9 | Masterworks plans to buy $400 million of art this year and close to $1 billion in 2022, |
| 0:32.1 | making them one of, if not, the largest buyer in the art market. Art is estimated to be a $1.7 |
| 0:40.0 | trillion asset class and contemporary art has appreciated 14% annually from 1995 to 2020. |
| 0:46.9 | I'll be performing stocks real estate and gold. So if you listen to Robert Kayesaki and sold |
| 0:52.5 | everything last week, then you're in luck. You can start rebuilding your portfolio today with |
| 0:56.6 | contemporary art. Join hundreds of animal spirits listeners who have signed up by going to masterworks.io |
| 1:01.6 | slash animal. That's masterworks.io slash animal. Please see the disclaimer at masterworks.io slash |
| 1:08.5 | disclaimer. Welcome to animal spirits. A show about markets, life and investing. Join Michael |
| 1:15.5 | Batnik and Ben Carlson as they talk about with their reading, writing, and watching. |
| 1:20.9 | Michael Batnik and Ben Carlson work for Ritholds Wealth Management. All opinions expressed |
| 1:25.6 | by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the |
| 1:30.0 | opinion of Ritholds Wealth Management. This podcast is for informational purposes only and should |
| 1:34.5 | not be relied upon for investment decisions. Clients of Ritholds Wealth Management may maintain |
| 1:38.9 | positions in the securities discussed in this podcast. Welcome to animal spirits with Michael and Ben. |
| 1:44.3 | We have a new category that we're going to lead the show to off with and I feel like we've |
| 1:49.5 | had this category. We've been talking about it, but now it's officially. It's a standalone |
| 1:53.9 | in the document supply chain and I want to tell you a quick little story. This weekend, |
| 1:59.6 | Robin said to me, she's like, do you know about the there's like ships in Los Angeles? I don't |
... |
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