Animal Spirits Podcast - podcast cover

Animal Spirits Podcast

Animal Spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes every Wednesday morning. See our disclosures here - https://ritholtzwealth.com/podcast-youtube-disclosures/

Episodes

The 24/7 Stock Market (EP.226)

On today's show we talk about supply chain issues, why millennials don't drive minivans, what constitutes being rich, net worth by age, my favorite Tom Hanks movie, the difference between housing affordability and the right time to buy a house 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 [email protected] with any feedback, questions, recom...

Oct 13, 202149 minEp. 226

Unaffordable Housing (EP.225)

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 [email protected] with any feedback, questions, recommendati...

Oct 06, 202159 minEp. 225

Listener Mailbag

On today's show we answer listener questions about inflation, commodities, refinancing, investing in gold, how to network when finding a job 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megapho...

Oct 04, 202140 min

Richer Than Ever (EP.224)

On today's show we discuss Rich Dad Poor Dad, why bailouts are here to stay, Cathy Wood really likes treasuries, sports gambling hits the mainstream, options are enormous, how much it costs for a down payment 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 [email protected] with any feedback, questions, recommendations, or ideas for future top...

Sep 29, 202154 minEp. 224

Talk Your Book: Accelerating Your Returns

On today's Talk Your Book we spoke once again with Bruce Bond of Innovator ETFs about defined outcome investing. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 27, 202129 min

Probably Not The Next Lehman (EP.223)

On this week's show we discuss the newest market crisis du jour, what's holding down bond yields, the crypto narrative that doesn't hold water, America's day care system is broken 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn mo...

Sep 22, 202151 minEp. 223

Talk Your Book: The Fabric of Risk

On today's Talk Your Book we spoke with Rick Bookstaber of Fabric Risk about how advisors and their clients should approach the concept of risk in their financial plans. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices....

Sep 20, 202134 min

The Crypto Gateway Drug (EP.222)

On today's show we discuss the problem with historical analogs in finance, the biggest stocks in the stock market, why financial manias persist, why stablecoins earn such high rates of interest, the education gap between men and women, why U.S. home prices aren't as crazy as you think 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@gma...

Sep 15, 202155 minEp. 222

Talk Your Book: An Alternative to Low Bond Yields

On today's Talk Your Book, we spoke with David Lau of DPL Financial Partners about all things annuities and how they can help advisors in a low interest rate world. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visi...

Sep 13, 202136 min

Interest Rates Are Never Going Up Again (EP.221)

On today's show we discuss the early days of this podcast, Ray Dalio's performance issues, how wealth and demographics are impacting interest rates, why bitcoin matters, Ben's week with Covid and 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. L...

Sep 08, 202152 minEp. 221

Talk Your Book: Insourced CIO

On today's Talk Your Book we spoke with Helios CEO Chris Shuba about estate planning and investment services for financial advisors. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 06, 202134 min

The Big Long (EP.220)

On today's show we discuss a Covid outbreak for Ben, the shifting risk appetite for young people, getting rich overnight has never been easier, why money supply is not inflation, the labor shortage hitting close to home and 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 [email protected] with any feedback, questions, recommendations, or ideas for futu...

Sep 01, 202147 minEp. 220

Listener Mailbag

On today's episode, the guys are back with another episode of listener questions. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 30, 202146 min

How to Crush a Job Interview (EP.219)

On today's show we discuss the pros and cons of the CFA, tales of Michael's old job interviews, seeing both sides of the NFT boom, why moving money in crypto is still so complex, people working two jobs remotely, why we're taking money out of our homes and 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 [email protected] with any feedback, questions, r...

Aug 25, 202147 minEp. 219

Talk Your Book: Bring Your Own Deal

On today's Talk Your Book we spoke with Rocket Dollar CEO Henry about self-directed IRAs. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 23, 202131 min

Ben Turns 40 (EP.218)

On this week's show we discuss direct-listed IPO performance, the scorching hot NFT market, Ben's milestone birthday, transitory inflation signals, shortages in the economy, the relativity of rich 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conve...

Aug 18, 202152 minEp. 218

Did Bitcoin Kill Gold? (EP.217)

On today's show we discuss investors behaving better, meme stock pushback, what is wrong with gold, why crypto isn't crashing despite more regulation, canceling student loan interest, Michael's trip to the casino and 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 [email protected] with any feedback, questions, recommendations, or ideas for future topi...

Aug 11, 202151 minEp. 217

Talk Your Book: Investing in Dual Impact ETFs

On today's Talk Your Book we spoke with Wendy Wong of New York Life Investments about investing to fight heart disease. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 09, 202124 min

Emergency Pod: We Were Both Wrong About Robinhood

On Wednesday, we held a Twitter Spaces to discuss the Robinhood IPO and the fact that Ben sold his shares last week. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 05, 202114 min

The Best Way to Get a Raise (EP.216)

On today's show we discuss Ben's recent trip to NYC, how the psychology around money can shape your relationships, the 1987 of recessions, the Robinhood IPO, changing how we think about debt, how much money it takes to feel financially secure and 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 [email protected] with any feedback, questions, recommendat...

Aug 04, 202153 minEp. 216

We Love to Spend Money (EP.215)

On this week's show we discuss the insane run in stocks over the last 12 years, what's moving crypto prices lately, when to take profits from a big winner, the shortest recession ever, housing price appreciation slowing down, the Netflix of homebuilding, Robinhood vs. Coinbase and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 28, 202145 minEp. 215

Prices Only Go Up (EP.214)

On this week's show we discuss the difference between a trip and a vacation, what it means to be rich, the inflation conundrum, why it's easier to raise prices than lower them, why Roth IRAs won't get taxed again, the best show no one talks about 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 [email protected] with any feedback, questions, re...

Jul 21, 202149 minEp. 214

Talk Your Book: Invest by Avoiding the Losers

On today's Talk Your Book, we spoke with Julian Koski of New Age Alpha about setting baselines and probabilities on current stock prices to help avoid the losers in the future. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad c...

Jul 19, 202133 min

High School Reunion (EP.213)

On today's episode we discuss the Roaring 20s, why things are better than you think, the coming baby bust, the end of cash, who's driving up home prices, the end of the movie business, Ben's high school reunion and more. Today’s show is brought to you by Masterworks, allowing you to invest a portion of your portfolio in fine art. Learn more at masterworks.io. Promo Code: coupdegras Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Inv...

Jul 14, 202154 minEp. 213

Talk Your Book: Quality Growth

On today's show the guys talk with Eric Schoenstein, CIO at Jensen Investment Management about how to find quality growth companies trading at a reasonable price. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit ...

Jul 12, 202131 min

$35 Trillion Giveaway (EP.212)

On today's show we discuss unplugging from social media for the weekend, the big move in stocks from the bottom of the bear market, why this time is different, the great migration from CA to Austin, Robinhood's S-1, the coming inheritance wave, some thoughts on The Tomorrow War 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 [email protected] ...

Jul 07, 202153 minEp. 212

The Wealthiest Generation (EP.211)

On this week's show we discuss money piling into crypto, bubble experts, flows over pros, young people waiting to settle down, the housing market conundrum, households are richer than ever, FOMO lessons from The Great Outdoors and 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 [email protected] with any feedback, questions, recommendations, or ideas f...

Jun 30, 202142 minEp. 211

Talk Your Book: Anti-Carry

On today's show, the guys talk with Paul Kim of Simplify on how to sell vol and not get run over by the proverbial steamroller. 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 25, 202132 min

Lifestyle Creep (EP.210)

On today's show we discuss inflation, why bond yields are falling, getting wrecked in DeFi, fintech's customer service problem, taking a family loan to buy a house, managing the economic boom 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 [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversati...

Jun 23, 202151 minEp. 210

Fed Apologists (EP.209)

On this week's show we discuss the most underrate innovation of all-time, why the economy is more interesting than the markets, the wild housing market, why more young people may prefer to rent going forward, where have all the movie stars gone and 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 [email protected] with any feedback, questions, recommend...

Jun 16, 202153 minEp. 209