A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
I read The World is Flat by Thomas Friedman when it came out in 2005.
This was one of the first books I read after graduating college that made me feel smarter. It felt like the world made more sense.
Globalization flattened the world. The Internet leveled the global economic playing field. Talent and ideas could come from anywhere in a world where borders didn’t matter as much anymore.
If you had asked me at the ti...
Today’s Talk Your Book is brought to you by Simplify Asset Management:
See here for more information on Simplify Asset Management
On today’s show, we discuss:
What is an auto-callable barrier income strategy?
Gaining access to structed notes through SBAR in an efficient, liquid wrapper
How do barrier options work?
How this strategy can offer drawdown protection as well as income
Returns driven by equity vo...
Every quarter Michael and I record a market and portfolio update video for our clients at Ritholtz Wealth.
We talk about what happened, why it happened, go over the impact on client portfolios and share a bunch of charts and data from our research team.
Our research team — Sean and Matt — did such an amazing job this quarter that I decided to share some of the charts.
Let’s take a look.
The bull market c...
No one needs a chart to show housing is unaffordable right now but here are a couple from Apollo anyway:
The Trump administration has offered some ideas in recent weeks to help with affordability.
The first idea is to ban institutional ownership of homes:
The idea here is if you take away demand from professional investors, that should free up supply for households.
In theory, this makes sense, but this feels like push...
We also answered questions about stock market valuations, 401k contributions, the best sources of financial information and buying vs. renting.
Further Reading:
How Bad is Credit Card Usage in America?
1In the 1950s Bank of America had a $60 million loan portfolio made up almost exclusively of $200 refrigerator loans.
The post Why Are Credit Card Rates So High? appeared first on A Wealth of Common Sense.
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Today’s Animal Spirits is brought to you by Innovator:
This episode is sponsored by Innovator. Learn more at https://www.innovatoretfs.com/pdf/ddq_product_brief.pdf
On today’s show, we discuss:
Trump wants to ban institutional investors in housing, but would it lower costs? Experts are skeptical
Slowest Labor Market in Years Leaves Job Seekers Stuck
US Housing Outlook: Affordability weighing on demand. Supp...
