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 had the chance to talk to Weld Royal for a recent profile at Barron’s:
We talked about my new book (it comes out in a month!), institutional investors, working with wealth management clients, managing risk and more.
We also got into some of my thoughts on how I got into creating content:
You wrote about getting started at Ritholtz in 2015 by criticizing the industry. What was wrong then–and now? It just fel...
My family was in Florida on spring break this past week.
One day I was walking to get something from our rental car while my wife and kids went to the ice cream shop (we do that a lot on vacation).
As I was walking by a restaurant the door opened and two older couples exited very slowly. Each of the older gentlemen was slouched down and walking in what looked like a decent amount of discomfort. Their wives were behind the...
From March of 1965 through July of 1970, the unemployment rate spent every single month below 5%.1
That’s the longest streak on record in modern economic history…until now.
Since the fall of 2015, the unemployment rate has been below 5% for 125 consecutive months:
OK fine this chart is not technically true.
The unemployment rate spiked to 14% during the first few months of Covid. But that was not a real recess...
Today’s Talk Your Book is brought to you by Motley Fool Asset Management and Eaton Vance:
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On today’s show, we discuss:
Motley Fool Asset Management,
Why momentum investing is not performance chasing, and how a rules-based approach brings discipline to the strategy
How Motley Fool layers momentum on top...
America is the wealthiest country the world has ever seen.
Of course, that wealth is not evenly distributed (and never has been).
It’s concentrated.
The top 10% control nearly 70% of the wealth in this country. The top 1% has the same amount of wealth as the bottom 90% (each is 32% of the total).
The top 1% owns more than 50% of the stocks, while the bottom 50% owns 1% of the stocks.
And it’s not just the top ...
