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How Do You Think About Sleeping Well at Night?
Lynn: I think there's two things that a person has to optimize for that are so much conflicting. One is that someone should be diversified and safe enough that they can sleep at night, right? And that means different things to different people. But basically, if there's an asset in your portfolio that you keep thinking about, you maybe should know in that asset or learn more about it.
Stig brings back one of our most popular and thoughtful guests, investment expert Lyn Alden. Together, they discuss how the Fed went broke and what the implication is for us as investors.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:28 - What is on the balance sheet of the FED.
07:32 - Why the Fed should be profitable.
11:36 - Should central bankers be elected?
21:09 - Why Lyn is bullish on India and Brazil.
36:39 - Whether the commercial bank system will allow a central bank digital currency.
41:20 - How to build a monetary system for Argentina.
49:12 - How to build a portfolio optimizing for both sleeping well at night and independence.
54:00 - How do we know that what we know about financial markets is true.
58:40 - Why you’re too concentrated if you’re super excited about your portfolio.
1:01:50 - How to spend money to optimize for happiness.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
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