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A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
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The AI Trade is Global

2026-06-06 04:30:10

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...

On the Inevitability of an AI Bubble

2026-06-04 19:41:53

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 ...

Animal Spirits: The Biggest Short Squeeze of All-Time

2026-06-03 19:15:14

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The Housing Market Recession

2026-06-03 02:40:23

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...

Talk Your Book: Why Rising Rates Won’t Hurt You Anymore

2026-06-01 19:15:46

Today’s Talk Your Book is brought to you by Franklin Templeton: To learn more about Franklin Templeton’s full range of muni bond ETFs, SMAs, and mutual funds, visit franklintempleton.com/munis. 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...

The Different Kinds of Investors

2026-06-01 10:58:39

Someone alerted me Risk & Reward was the best seller1 in stock market investing this week: It’s a pretty eclectic mix of investment styles here. You have value investing (Benjamin Graham), growth investing (William O’Neill), risk management (Nassim Taleb), stock-picking (Jim Cramer) and some day trading books. This is what makes a market. Something for everyone. It’s also why it’s so difficul...