4min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#11: Dale Wettlaufer on Value Investing in the 21st Century

Superinvestors and the Art of Worldly Wisdom

CHAPTER

Schiller's Data on Earnings Growth During the Great Depression

In the 1960s real GDP was growing 4.7%. We're growing 2.2%. Real DPI X personal current transfer receipts, which is a very important thing to think about because the classic C plus I plus G plus net X equals GDP calculation. Personal current transfer receipts were only 7% of disposable, uh, excuse me, in the 1960s. It's 20% today. Federal government liabilities to household income adjusted 55% in the 60s, 118% today. And ultimately it's the household sector that's responsible for this.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode