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Animal Spirits Podcast

Unaffordable Housing (EP.225)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 6 October 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary

On this week's show we discuss supply chain problems, buying Christmas presents early, why progress requires inflation, investors have been spoiled, housing affordability in the United States, Zillow's problems buying houses, Squid Game and much 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

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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