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Animal Spirits Podcast

We Should Be in a Bubble (EP.202)

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 5 May 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

On this week's show we discuss the roommate theory, Bill Murray, the massive scale of the 5 big tech stocks, rational vs. irrational bubbles, pros and cons of Robinhood, crypto going off 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

Today's animal experience is brought to you by Masterworks,

0:01.8

Marker Calendar, because on Friday,

0:03.2

we're chatting with masterworks.io Founder, Scott Lynn.

0:06.3

In case you don't know, masterworks.io is the first

0:08.5

and only platform to invest in real tangible blue chip art.

0:11.1

Since we spoke to Scott last year,

0:12.4

animal experience listeners have invested millions

0:14.2

of dollars on masterworks, both Michael and I

0:15.7

have personally invested in a handful of paintings.

0:17.8

Boschiat, Herring, Warhol, who else you got, Michael?

0:20.4

Kondo?

0:21.6

Real people were probably yesterday, people.

0:24.3

Not quite.

0:25.2

Contemporary art prices rose 14% annually

0:27.4

between 1995 and 2020, outperforming both gold and real estate.

0:30.5

I did not know that.

0:31.3

So if you're looking for a real asset to hedge your portfolio

0:33.4

against inflation, go to masterworks.io.

0:35.5

Tell them animal spirits then you

0:36.6

will begin investing in blue chip art today.

0:38.4

See important information at masterworks.io slash disclaimer.

0:42.0

Welcome to Animal Spirits, a show about markets, life,

...

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