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I had some enjoyable final week chatting with Howard Lindzon, whom I beforehand had on MiB. And he’s a part of my dialog about my worst trades.
Right here is Howard:
“I’m excited to have my good pal Barry Ritholtz again on the present. Barry is the Chairman and CIO of Rithotz Wealth Administration, an creator, a newspaper columnist, and the host of the Bloomberg Podcast Masters in Enterprise. He additionally runs a weblog known as The Massive Image, together with Josh Brown and Michael Batnick. I had Josh Brown on a couple of weeks in the past, so I actually needed to carry Barry on to additional the dialogue. And who higher to debate the current banking disaster than the man who wrote the e-book on the Nice Monetary Disaster? (Bailout Nation). We cowl how the market drives the narrative, and Barry shares his perception on a COVID-induced ‘reset’, the Fed, inflation, and the way it all would possibly play out shifting ahead. Get pleasure from!”
At all times enjoyable stuff with Howard…
Beforehand:
- Introduction. (00:38)
- Welcome Barry (07:07)
- Sturdy opinions (09:15)
- Market actions drive narratives (12:28)
- Narrative fallacy & hindsight bias (14:02)
- Asset allocation (16:00)
- COVID reset (19:35)
- GFC v. banking disaster (23:56)
- What prompted the financial institution run (26:28)
- VC’s changing into value takers (28:05)
- Rates of interest & Inflation (30:53)
- The Moody’s tax (33:56)
- What else Barry’s enthusiastic about (35:38)
- Barry’s favourite podcast friends (37:15)
- VC’s shotgun strategy (43:32)
- Non-public v. Public markets (47:06)
- Consistency results in long-term efficiency (47:49)
- Wealth mobility within the US (48:55)
- Barry’s different favourite podcast visitor (50:25)
- Reveals Barry’s watching (53:30)
- Closing ideas. (57:08)
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