We have a double dip on the podcast this week, so instead of the Videos Of The Week post, I wanted to drop my conversation with Dave Collum for you guys. He’s a professor of Organic Chemistry at Cornell and a must follow on Twitter. He’s also a sharp investor and entertaining market commentator. If you would rather watch the podcast on YouTube, here’s a link. On the podcast, we discussed:
Financial markets and the ridiculous overvaluation of some of the largest stocks: “I think the Magnificent Seven is going to become the Magnificent Zero.”
The impact of passive investing on the market.
The Presidential Election and his thoughts on Biden, Trump, and how things might play out between now and November 5.
The generational divide, including the wealth gap between old and young, the upcoming wealth transfer to younger generations, and its potential impact on the real estate market.
Book Recommendations: Psychology of Totalitarianism by Mattias Desmet and American Betrayal by Diana West.
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