FYI: On this week’s Animal Spirits with Michael & Ben we discuss:
.Some proposals from Barron’s on changes Warren Buffett should make at BRK.
.The latest letter from Howard Marks.
.Why the ‘mother of all credit bubbles’ isn’t as bad as you might think.
.Why it makes no sense to compare government debt to household debt.
.Should computer programmers move from Silicon Valley to the Midwest?
.Why the source of the investor behavior gap isn’t poor market timing abilities.
.The enormity of WeWork’s private market valuation.
.Overly optimistic wealth expectations by millennials.
. Manipulation in bitcoin prices.
.Skill vs. luck in professional sports.
Regards,
Ted
http://awealthofcommonsense.com/2018/06/animal-spirits-episode-34-the-mother-of-all-credit-bubbles/
