When Your Friends Are Richer Than You (EP.377)

Sep 11, 2024

The hosts tackle the awkwardness of financial disparities among friends and dive into the rise of OnlyFans and the quirks of dating apps. They share humorous anecdotes about grocery shopping and air conditioning preferences while discussing the economic implications of comfort. Bitcoin ETFs and the evolving dynamics of debt and home equity are explored, alongside a critical look at how dating apps have changed romantic relationships. Finally, they contrast indie film rivalries with reflections on nostalgia and modern adaptations.

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ANECDOTE

Ben Stopped Listening

Ben Carlson hadn't listened to the podcast in a while due to time constraints.
He used to listen to every episode but stopped about two years ago.

ADVICE

Explaining Jargon

Ben Carlson and Michael Batnick aim to improve the podcast by providing more context.
They plan to explain industry terms and the backgrounds of people they mention, making it more accessible for new listeners.

ANECDOTE

Live Show Plans

Ben Carlson and Michael Batnick will share their origin stories at a live show.
They'll discuss how they met, how they joined Ritholtz, and more.

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On episode 377 of Animal Spirits, Michael Batnick and Ben Carlson discuss: a bad week for the stock market, why foreign stocks are so cheap, the state of America's wallet, the coming HELOC boom, the finances of Only Fans, how to become a millionaire, next week's live Animal Spirits from Future Proof, and much more!

This episode is sponsored by Jensen Investment Management. Learn more about the Jensen Quality Growth ETF at: https://www.jenseninvestment.com/etf/

Find complete show notes on our blogs:

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

Feel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, questions, recommendations, or ideas for future topics of conversation.

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

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