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This week’s Animal Spirits with Michael & Ben is supported by YCharts:

Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service.

We discuss:

  • Why Elon Musk is a world-class troll
  • The stock market thinks the pandemic is over
  • Why aren’t there more nice billionaires?
  • Why do interest rates keep falling?
  • How to listen to an earnings call
  • What happened to Zillow and Peloton?
  • Why hasn’t technology had a great impact on the healthcare, education and housing sectors?
  • Companies are figuring out a difficult labor market
  • Economic cycles are moving faster
  • Incentives in the media
  • Why aren’t more millennials using financial advisors?
  • Was the 2000s housing bubble exaggerated?
  • When was the last great Tom Hanks movie?

Listen here:

Transcript here:

  • Audiograph

Stories mentioned:

  • Pfizer board member Gottlieb says the Covid pandemic could be over by January in the U.S.
  • Elon Musk faces a $15 billion tax bill
  • Swedish start-up Quartr gains high profile backers
  • Zillow Q3 earnings call
  • Peloton earnings call
  • Help really wanted
  • October employment report
  • Bitcoin bull sees trillions of inflows
  • Nike is quietly preparing for the metaverse
  • Rich millennials don’t want a financial advisor
  • The 2000s housing bubble was greatly exaggerated

Book mentioned:

  • The Contrarian by Max Chafkin

Wine Mentioned:

  • Foolhardy Vinters (code “Spirits” gets you 20% off your first order)

Charts mentioned:

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