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We have a double dip on the podcast this week, so instead of the Videos Of The Week post, I wanted to drop my conversation with Dave Collum for you guys. He’s a professor of Organic Chemistry at Cornell and a must follow on Twitter. He’s also a sharp investor and entertaining market commentator. If you would rather watch the podcast on YouTube, here’s a link. On the podcast, we discussed:
* Financial markets and the ridiculous overvaluation of some of the largest stocks: “I think the Magnificent Seven is going to become the Magnificent Zero.”
* The impact of passive investing on the market.
* The Presidential Election and his thoughts on Biden, Trump, and how things might play out between now and November 5.
* The generational divide, including the wealth gap between old and young, the upcoming wealth transfer to younger generations, and its potential impact on the real estate market.
* Book Recommendations: Psychology of Totalitarianism by Mattias Desmet and American Betrayal by Diana West.
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