A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
Young people have it tough in a lot of ways, financially speaking.
Housing is expensive. Student loans. Inflation. The cost of daycare. Etc. Etc.
I know there is worry of disillusionment and financial nihilism among the Gen Z cohort but I have faith in young people.
This group already has some things figured out.
The Wall Street Journal shows people under 30 are taking advantage of tax-deferred retirement accounts:
The s...
When you live through a technological innovation boom it’s impossible to avoid trying to predict how it will turn out.
Will anyone be right about what the future of AI looks like?
Probably not.
Here are some of my current AI predictions about the world at large:
I think we’re going to see an explosion in new business formation.
I think some industries/roles will be materially impacted but most of us will simp...
I also covered questions about the SpaceX IPO, investing in bonds during retirement, AI’s impact on the labor market, supporting your in-laws who didn’t save enough for retirement and balancing all of your financial goals in retirement.
Further Reading:
Is This a Bubble?
1Communication services is basically tech. The biggest holdings are Google and Meta.
The post On the Inevitability of an AI Bubble appeared ...
I was interviewing for a job right out of college at a financial institution.
It went okay but I never got called back for a second interview. A friend applied for the same role and made the second round of interviews. He eventually got a job in the training program.
I asked him how he made it through.
My brother was friends with one of the hiring managers. I got lucky.
Luck plays a bigger role in your career path than m...
Today’s Talk Your Book is brought to you by Franklin Templeton:
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On today’s show, we discuss:
How interest rates and credit risk drive muni bond price volatility
Why rising yields represent an opportunity for fixed income investors
The case for municipal bonds beyond just...