FYI: On this week’s Animal Spirits with Michael & Ben we discuss:
.How hard it is to predict what’s going to transpire over the short-term in the markets.
.The pros & cons of private equity.
.The phony happiness provided by private equity reporting.
.What would a permanent portfolio look like to us?
.Why picking an asset allocation is easy…
…but sticking with it is not.
.The new factor ETFs from Vanguard
.Should Harvard just invest in index funds?
.Scary market predictions.
.How and why I started this blog and more.
Regards,
Ted
http://awealthofcommonsense.com/2018/02/animal-spirits-episode-17-phony-happiness/