Animal Spirits Podcast

This Is the Dumb Money (EP. 423)

108 snips
Jul 30, 2025
The hosts dive into the intriguing intersection of AI trends and the stock market, drawing parallels to past market bubbles. They discuss the current housing market's surprising resilience amidst economic challenges and explore the evolving landscape of cryptocurrency investments. A peek into personal anecdotes reveals the complexities of private market investments and changing consumer behavior. They also mix in light-hearted movie musings, from nostalgia to unexpected popcorn deliveries, creating a captivating blend of finance and fun.
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INSIGHT

AI Bubble as Market Floor

  • AI hype might create a market floor as investors hold expecting an AI bubble.
  • This mindset could delay selling and keep valuations elevated longer.
ANECDOTE

Buying NVIDIA on AI Belief

  • Both Michael Batnick and Ben Carlson bought NVIDIA stock during its April crash believing in AI's potential.
  • The stock surged 70% since then, prompting debate on whether to sell or hold.
INSIGHT

Investor Psychology Extends Bull Markets

  • Bull markets can last much longer than expected, driven by ongoing investor optimism.
  • The psychology of holding gains expecting further upside is prevalent in AI-related stocks.
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