FYI: On this week’s Animal Spirits with Michael & Ben we discuss:
.Michael’s old trading diary and why he shorted Amazon.
.The benefits of documenting your investment process & ideas.
.GMO’s latest dire predictions for the markets.
.The prospect for micro efficiency and macro inefficiency in the markets.
.Why the path of returns matters more than the returns themselves.
.Why millennials should pray for lower returns and market crashes.
.Do you really need to hedge all of your risks in a portfolio?
..Why you shouldn’t go long dinner and short breakfast.
Why you should read fiction books and much mor
Regards,
Ted
http://awealthofcommonsense.com/2017/12/animal-spirits-episode-9-invest-like-the-worst/
