In this excerpt from episode 151 of the Animal Spirits podcast, Michael and Ben discuss day traders, Robinhood, Dave Portnoy, active management, and more.
Listen to the full podcast episode (link below) to hear Michael and Ben discuss who is driving market prices right now, Robinhood's PR dream, the Hertz bankruptcy story, Dave Portnoy's day-trading escapades, why active managers should be salivating right now, how private equity could turn out like index funds, why bad news resonates more than good news, is the banking industry heading for a collapse and more.
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