What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin? In this episode you’ll learn: Show Notes JPMorgan's Dimon says bitcoin is a fraud that will eventually blow up, compares it to tulip trade - CBNC Extraordinary Popular Delusions and The Madness of Crowds by Charles Mackay Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age by Anne Goldgar Episode Sponsors The Best Charity Gift Cards Be Frugal Cash … [Read more...]
163: Is There An Indexing Bubble?
How an indexing bubble is manifest, why most active managers underperform and how individuals can structure their own quasi index fund that outperforms the market. In this episode you’ll learn: Show Notes The 25 Largest Mutual Funds and ETFs - MarketWatch The Makeup of the S&P 500 Is Constantly Changing - Business Insider article with quote by Adam Parker of Morgan Stanley Fund managers rarely outperform the market for long - The Economist - Manager study by Dow … [Read more...]
154 Plus: How Your Profession Impacts Your Investment Strategy
This week April 20, 2017 on Money For the Rest of Us Plus we look at how investors should factor in their employment in terms of their overall asset allocation, such as the variability of their income and the industry in which they work. We look at a new study by Vanguard on dollar cost averaging versus investing lump sums. We explore the implications of the phrase, "the market went up because the money had no where else to go." Finally, we consider how investment bubbles can contribute … [Read more...]
62: What Dying Bees Can Teach Us About Asset Bubbles and Income Inequality
The link between honey bee colony collapse, asset bubbles and income inequality. In this episode you'll learn: Why honey bee colonies are collapsing.What are positive feedback loops.How positive feedback loops contribute to honey bee collapse, asset bubbles and income inequality.What is preferential attachment.How to avoid being caught up in a positive feedback loop. Show Notes The Blight of the Honey Bees David Wallace-Wells - New York MagazineRapid behavioral maturation … [Read more...]
