Shows / Animal Spirits Podcast
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
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastThe 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastInterest 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastThe 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…
Animal Spirits PodcastListener 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…
Animal Spirits PodcastHow 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastBen 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…
Animal Spirits PodcastDid 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastEmergency 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…
Animal Spirits PodcastThe 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…
Animal Spirits PodcastWe 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…
Animal Spirits PodcastPrices 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastHigh 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…
Animal Spirits PodcastTalk 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…
Animal Spirits Podcast$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…
Animal Spirits PodcastThe 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…
Animal Spirits PodcastTalk 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…
Animal Spirits PodcastLifestyle 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…
Animal Spirits PodcastFed 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…
Animal Spirits PodcastTalk Your Book: The State of the Housing Market
On today's show the guys talk with Logan Mohtashami, lead analyst at Housing Wire. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common…
Animal Spirits PodcastPermanent Stimulus (EP.208)
On this week's show we discuss why crypto is sucking the air out of the room for investor attention, the future of bear markets, the insane cost of building a…
Animal Spirits PodcastTalk Your Book: The Commodity Supercycle
On today's Talk Your Book we spoke with Direxion's Ed Egilinsky about the potential for a commodities supercycle and why it makes sense to be tactical when it…
Animal Spirits PodcastAnd Then I Got Scammed (EP.207)
Description: On this week's show we discuss the king of SPACs, how the internet broke people's brains, Guy Fieri, the promise of crypto, the history of money…
Animal Spirits PodcastListener Mailbag (EP.206)
On today's show we answer listener questions on real estate, asset allocation, where to save retirement money, dealing with big gains in individual stocks and…
Animal Spirits PodcastThe Worst Time To Buy a Home (EP.205)
On today's show we discuss Tesla vs. Ford, the Robinhood effect, why 24/7 markets make volatility worse, trying to explain what DeFi is, the Frankenstein…
Animal Spirits PodcastA Shortage of Everything (EP.204)
On today's show we discuss Elon Musk's crypto tweets, why bitcoin is falling, some context behind the inflation numbers, the weirdest economy ever, why used…
Animal Spirits PodcastGrowth at a Reasonable Price
On today's show, the guys talk with Clay Gardner of Titan, an actively managed investment solution that is trying to disrupt mutual funds. Find complete…
Animal Spirits PodcastBubbles Are Forever (EP.203)
On this week's show we discuss the huge miss in the job's report, why stock market valuations are so hard to use today, why we need to build more houses, the…
Animal Spirits PodcastWe Should Be in a Bubble (EP.202)
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…
Animal Spirits PodcastThe YOLO Economy (EP.201)
On this week's show we discuss the crypto crash, setting return expectations, make life changes because of the pandemic, cynical thinking because of the…
Animal Spirits PodcastThe Dumbest Week Ever (EP.200)
On this week's show we talk about dogecoin, the crypto crash, money-losing companies, buyers of second homes, why 2008 broke so many brains, a shortage of…
Animal Spirits PodcastA Shortage of Workers (EP.199)
On today's show we discuss housing bubble talk, huge fund inflows into stocks, gains for the bottom 50%, shortages, inflation and investing in collectibles…
Animal Spirits PodcastListener Mailbag
On today's Animal Spirits, Michael and Ben answer listener questions. Everything from personal finance to real estate to investments, and everything…
Animal Spirits PodcastHousing Bubble 2.0?
On today's show we discuss the rise in Gen Z traders, how retail investors are impacting the market, the 4 types of Robinhood traders, the dependability of…
Animal Spirits PodcastThe Active Management Resurgence (EP.197)
On today's show we discuss the most bullish thing about the stock market right now, the catalyst for value beating growth, when the smart money is really dumb…
Animal Spirits PodcastTalk Your Book: Investing in the Gig Economy
On today's Talk Your Book we speak with David Dziekanski, portfolio manager for the SoFi Gig Economy ETF. Find complete shownotes on our blogs... Ben Carlson’s…
Animal Spirits PodcastAn Affordability Crisis (EP.196)
On today's show we discuss rising real estate prices, how the work from home trend could impact housing, working at Goldman Sachs, the income required to be…
Animal Spirits PodcastTalk Your Book: The Case for Emerging Markets
On today's Talk Your Book we spoke with Nick Niziolek from Calamos Investments about the potential for emerging markets in the coming years. Find complete…
Animal Spirits PodcastSuper Bullish (EP.195)
On this week's show we talk about taking cash out of your house, the coming economic boom, why the Fed isn't printing as much money as you think, Beeple's $69…
Animal Spirits PodcastTalk Your Book: Investing in Freedom
On today's show we speak with Perth Tolle of Life + Liberty Indexes about freedom as an investment factor. Find complete shownotes on our blogs... Ben…
Animal Spirits PodcastThe Recession is Over (EP.194)
On this week's show we discuss the wreckage in growth stocks, the outperformance of value, what the massive fiscal stimulus plan means for the economy, the…
Animal Spirits PodcastTalk Your Book: The Most Ambitious ETFs
On today's Talk Your Book we chat with Simplify Asset Management CEO Paul Kim about creating ETFs that are concentrated, enhance the upside and protect the…
Animal Spirits PodcastNever Bet Against America (EP.193)
On this week's show we discuss the recent rise in interest rates, how much rates really matter to the markets, the latest Buffett shareholder letter, when…
Animal Spirits PodcastTalk Your Book: Investing in Moonshots
On today's Talk Your Book, we spoke with Direxion's Dave Mazza about the Direxion Moonshot ETF and how to invest in the most innovative companies. Find…
Animal Spirits PodcastThe Beanie Baby Bubble (EP.192)
On today's show we discuss the collectibles boom, similarities and differences to the Beanie Baby boom of the late-1990s, NBA Top Shot, ISAs for pro athletes…
Animal Spirits PodcastListener Mailbag
On this episode, we cleaned out our inbox to answer questions from listeners about retirement, personal finance, investing, markets, careers, and more. Find…
Animal Spirits PodcastBidding Wars (EP.191)
On today's show, we discuss food delivery as a viable business, SPACs vs IPOs, the new benchmark for tech companies, the red hot real estate market, Bryan…
Animal Spirits PodcastTalk Your Book: The Madness of crowds
On today's show, the guys talk to Daniel Crosby, PhD, the Chief Behavioral Officer of Orion Advisor Solutions about some of the craziest few weeks in stock…
Animal Spirits PodcastMoney Tree (EP.190)
On this week's episode we discuss Elon Musk becoming the new Warren Buffett, companies putting bitcoin on their balance sheet, the Mount Rushmore of CEOs, NFTs…
Animal Spirits PodcastTalk Your Book: Commission-Free Insurance
On today's show, the guys talk with David Lau from DPL Financial Partners about how they're improving the insurance sales for advisors and their clients. Find…
Animal Spirits PodcastThe Big Squeeze (EP.189)
On this week's show we talk about all things GameStop, Robinhood, short-sellers, when markets become a pop culture phenomenon, why people are so angry with…
Animal Spirits PodcastIt's Very Different This Time (EP.188)
On today's show we talk about the wild moves in Gamestop, why this is now a young person's market, why the SEC is probably going to come calling for some YOLO…
Animal Spirits PodcastTalk Your Book: Investing in Fixed Income
On today's show, Michael and Ben talk with Gibson Smith of Smith Capital Investors about how the structure of the fixed income market has evolved over time…
Animal Spirits PodcastMicro Bubbles (EP.187)
On today's show we discuss why index funds will never cause a bubble, how day traders are evolving, the best-performing stocks of 2020, penny stock madness and…
Animal Spirits PodcastTesla is the Next Tesla (EP.186)
On this week's show we discuss the outsized role tech companies play in our democracy, why aggression is highly contagious, why the stock market is creating…