FYI: On today’s show we discuss:
.Is it a bad idea to borrow money from my friend? (yes)
.Bird is raising more money
.And ScootScoop is taking their products
.You should only own the best stocks
.Do global stocks outperform US treasury bills?
.Passive investing is causing a market bubble, but not in stocks you’d expect
.Portfolios look alike
.$3.6 trillion of the S&P 500 is indexed
.Minivans are so 2005
.The U.S. dollar is on borrowed time
.Robinhood is raising money at a $7.6 billion valuation
Regards,
Ted
https://theirrelevantinvestor.com/2019/07/31/animal-spirits-rush-for-the-exits/