Your Budget Sucks | Animal Spirits 397

[@TheCompoundNews]

This episode is sponsored by Kraneshares. To learn more about the KraneShares CSI China Internet ETF, visit: kraneshares.com/KWEB

[@SoDakJason]

Ben has a 15-minute delay on the ticker, Michael is watching 1-minute candles.

[@sunnydh5300]

Michael’s 44-48 yo HS graduation observation was weirdly on point. I might ‘hypothetically’ use it cuz it feels more polite. Maybe to me it feels like a play off a ‘never ask a woman her age” thing

[@Miloxiaocelao]

Anyone thinks Ben looks like Topher Grace. For those who don't know, he was Eddie Brock in the third Maguire Spider-Man.

[@Josh-eb1bd]

No one thinks that. His mid forties receding hairline and bad takes ensure he is never confused with a superhero or intelligent money manager.

[@dentonyoder4652]

I see it a little, but it's not a super strong resemblance IMV

[@matt.stevick]

i always have said justin timberlake

[@stevenlippold]

"have some self respect!" -Micheal to Ben As a midwesterner too, I get what Ben was talking about but I'm with Michael here!

[@Joedepas]

Private chef in NY here- love listening to this conversation while cooking at work.

[@welcometothefizzytoyshow7520]

listening to this now, after the crash and it’s crazy that you guys were talking about this.

[@sharongilonmoreno8923]

It's not about the eggs man, it's FOOD.

[@bigworm3886]

Hybrid work is probably the greatest development that I’ve personally experienced in my lifetime. Game changer

[@MrThomsmith]

Michael's tshirt is a blatant rip off of The Endless Summer movie poster.

[@hillmadaris]

That's by design.

[@davidwilson9976]

Shout out to Duncan. Been in Thailand this winter, cause of the time change haven't been able to make the live chat. Miss the regular chatters.

[@gassman55]

Having a chef doesn’t mean the live with you. They can also remake meals for you. $1m salary works

[@joncagan9412]

Eggs are an ingredient in nearly everything

[@pleasantjourneys]

Go vegan🎉

[@voicification]

I gotta say - the Mag7 contributes the vast majority of the earrings growth into the SPY but the professional money class (messers Batnick and Carlson sadly included) still cries concentration! I can’t reconcile the two.

[@JimboJimbo-i4i]

The conversation on private is absolutely insane by you two, you didn’t even factor the most important and best part - someone who can literally take care of all your health considerations whilst making something taste good. I’ll almost certainly never be able to afford one but if I had 50+ mill I would 100% use one.

[@elgavio]

We refer to the period between 2000 and 2010 as "The Noughties" in the UK, fyi - pronounced like "naughty" - they paled in comparison to the 90s , of course.

[@anothername2730]

Story at 50:42 is awesome. Ben cracks me up. ❤️

[@Bigredbulldog401]

I wanna see a full video of these clean dishes 😂😂😂

[@Dayvon11]

I went to see Gladiator 2 with 4 buddies at the theatre and my one buddy fell asleep and was snoring in the first 20mins (we’re 30 😂)

[@jeremyhill2391]

Crap, I was going to watch Gladiator II when my wife is on a trip next week…

[@danielshinerock1526]

Josh is in Shake Shack having a meal.

[@midwestcannabis]

268th like We Party On! 🫶🥳🥳✌️✌️✌️🥳🥳🥳

[@WanderingExistence]

My semiconductor man 🤙

[@midwestcannabis]

@WanderingExistence Party On 🥳🥳🥳✌️✌️✌️✌️

[@kosi42]

Gladiator 2: Michael was NOT entertained.

[@Ryan_Tinney]

What Larry Fink talked about with Bitcoin is verbatim what the Gold proponents have been saying about gold since the 1970s.

[@alexk729]

The All- American Rejects got hot in 2004ish 😂woooooooh

[@BitcoinMining-z6k]

Great analysis, thank you! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How can I transfer them to Binance?

[@kristentheologus-KTechnogal]

Property taxes $570 😂 Come on! That isn't even close even if that was a monthly amount!!

[@deancart5]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

[@Strwar1]

As a beginner what do I need to do? How can I invest,on which platform? If you know any please share.

[@patrickpellegrino]

Why can’t they just make more original movies? Why did they have to make gladiator two and ruin it? Another money grab perhaps

[@codingparas]

Now, you also love scrubs and the fray. I hope we meet one day. I am not a finance person.

[@dashsamson6945]

*Thanks for your content, Crypto ETFs approval have been a blessing to us buddy, I was able to build my portfolio to $56k in 30days, I feel blessed🤗*

[@princegerald3189]

Same here Pal, I strongly agree that Bitcoin ETFs approval will be a lifetime opportunity for us, with my current portfolio of $102,500 from my investments with my personal financial advisor George Ollenburger, 1 agree with you

[@TheoreticallyNo]

Upper tier pro athletes have personal chefs. Makes sense given their body is literally required for work.

[@wm32871]

54:28 are you not entertained !! Are you not entertained !

[@leesmith9299]

coz chatgpt is delight off the tongue. i assume it's an acronym that can't even be spoken easily. deepseek is just new so it takes a while to get used to the name.

[@voicification]

The Mag7 as a whole seem like they are in good shape. I think OpenAI is the biggest loser here.

[@jogrin]

16:40 perhaps the 2020s are “Roaring”?

[@jogrin]

What’s a budget?

[@fvid88]

37:59 no wonder why banks are doing so well

[@anthonyburke223]

You definitely kicked Europe when they are down. Haha

[@danielshinerock1526]

Business as usual.

[@crohmer]

All American rejects and the fray suck and I was a 90s/2000s kid

[@pleasantjourneys]

Naples, FL = Billionaires Your 'realtime' is fantasy

[@joshh2924]

Wheres josh brown?

[@anothername2730]

Downtown.

[@toddpolish]

@@anothername2730like Julie

[@jogrin]

Animal Spirits isn’t normally his show.

[@danielshinerock1526]

He is having root beer with Jimmy off CNBC.

[@danielshinerock1526]

Shake shack.

[@stankiah]

All deepseek did is prove that all these investments are justified. Just imagine taking this model breakthrough and applying 100 billion worth of hardware to it. AGI 2027? More like ASI 2026.

[@garyrogers6977]

"Bookie" on Max was fantastic!

[@clamato54]

Hahaha 80% decline because of an open source software project 😂

[@RTC1655]

Literally the most expensive academic paper ever written.

[@matt.stevick]

📈🇺🇸

[@chrisf1600]

The comments about leveraged funds are uninformed and naive. If you can deal with the drawdowns, 2x QQQ or SPY makes a lot of sense. Yes, a 2x daily resetting product might not make exactly 2x the return of the underlying, but so what ? There's a wealth of research supporting the idea that these products, if used sensibly, are fine for long-term holders. But let's not forget that this podcast is for "entertainment only" so perhaps I'm being optimistic to expect anything more.

[@WanderingExistence]

Can you help me understand what a sensible utilization of these products is? Is it something to utilize on big drawdowns like this as opposed to the chop Nvidia has had in the past month?

[@matt.stevick]

27:14

[@shifu9276]

Dune part two sucked, but that’s okay cause part one sucked as well.

[@nowonderfreebeats2587]

I held tqqq 2020 crash and added to my position... Watch less movies read more books 😮😂

[@4thand133]

Am I the only one sick of even hearing the term "AI"? It's gone from interesting, skipped right past cool, and went straight to irritating. I say pull the plug on the whole thing, stop spending billions on this nonsense. Old fashioned Google circa 2021 was fine.

[@JimboJimbo-i4i]

Up until 2021 Oct AI meant AGI to all of us. Now it’s everything, even outsourced Indians are classed as AI now

[@SuperSavageSpirit]

Old fashioned Google isn't going to be enough to get america out of the amount of debt it has. That isn't an option

[@mariov5035]

So we quit technological advancement bc you're sick of hearing about it?

[@jsssm]

No

[@danielshinerock1526]

Business as usual! AI!

[@stevenlippold]

Private chef democratization!!!!!! Let's bring it to the masses! Use AI, robots, and crypto!