Life and Death (EP.400)

60 snips

Feb 19, 2025

In this milestone discussion, the hosts reflect on their journey and the power of kindness. They share personal stories about navigating grief and the lessons learned from loss. The conversation shifts to the rise of passive investing, highlighting its mental benefits versus active trading stress. Nostalgia flows as they recall the golden age of television and dive into memories of iconic shows. With touches on financial strategies and market trends, it’s a heartfelt exploration of life’s complexities intertwined with a dash of humor.

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ANECDOTE

Shared Grief

Michael Batnick's openness about his mother's death helped Ben Carlson process his brother's cancer diagnosis.
It highlighted the importance of sharing grief and offering support.

ANECDOTE

Jon's Battles

Ben Carlson's brother, Jon, battled cancer twice, first in childhood and then later with pancreatic cancer.
Jon's early experience shaped his outlook, creating a blend of optimism and cynicism.

INSIGHT

Personal Grief

Grief is a universal yet deeply personal emotion.
While many experience it, the specific circumstances and relationship make each instance unique.

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On episode 400 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Jon Carlson's story, dealing with grief, why financial planning matters, Jon's life advice, the power of kindness and the mundane, gambler's fallacy on Meta, the mental freedom of index funds, YouTube's reach, Mr. Belding's age, how to save money at Disney and much more.

This episode is sponsored by YCharts and Kraneshares.

Get 20% off your initial YCharts Professional subscription when you start your free trial through Animal Spirits (new customers only). Sign up at: https://go.ycharts.com/animal-spirits

Find complete show notes on our blogs:

Ben Carlson’s A Wealth of Common Sense

Michael Batnick’s The Irrelevant Investor

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.

The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

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