AS Animal Spirits Podcast

Podcast

Animal Spirits Podcast

Animal Spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes every Wednesday morning. See our disclosures here - https://ritholtzwealth.com/podcast-youtube-disclosures/

Website ↗ Last published 2 November 2026 835 posts collected by Sputnik

Said on Animal Spirits Podcast

“Streaming is one of the greatest inventions of all time. And the company that won, their stock stinks.” — Ben Carlson, Animal Spirits Podcast
Ben Carlson · 28 Oct 2026 Listen →
“In order to compete effectively with these modern monopolies, you need to raise a trillion dollars. And most companies can't do that. So the natural laws of economics about competition coming in don't exist anymore. In order to compete, you need to have access to capital. Tons of it.” — Michael Batnick, Animal Spirits Podcast
Michael Batnick · 28 Oct 2026 Listen →
“In July 2018, I tweeted that the top five stocks in the index are equal to the bottom, I think it was 240, 280, something like that. … I recently updated that stat. The top five are now equal to the bottom 434 stocks. It is unbelievable the concentration that we're seeing in this market.” — Michael Batnick, Animal Spirits Podcast
Michael Batnick · 24 Oct 2026 Listen →
“I sat across the table back in 99 when I was at Fidelity from the Global Crossings of the world, the Qwest Communications, the JDS Uniphases, Nortel Networks, all of them telling me there's this insatiable demand for fiber networking equipment that's never going to go away. … That's the same thing I hear now when I bring up the fact that I think this data center craziness is not going to end well. No one wants to hear it.” — Bill Eigen, Animal Spirits Podcast
Bill Eigen · 12 Oct 2026 Listen →
“I don't buy hurricane insurance when the hurricane's in the process of ripping my roof off, like everyone else does. I buy hurricane insurance when the weather forecast is saying there's no chance of a hurricane forever.” — Bill Eigen, Animal Spirits Podcast
Bill Eigen · 12 Oct 2026 Listen →
“There are more self-storage facilities in the U.S. than there are Starbucks, McDonald's, Walmarts, Home Depots, Domino's, Dunkin' Donuts, and Costcos combined ... This is how rich we are collectively as a nation. We can't fit all our stuff into our houses anymore.” — Ben Carlson, Animal Spirits Podcast
Ben Carlson · 7 Oct 2026 Listen →
“I think hope is getting pretty stomped on at this point. I've seen the same thing and heard all the fun sayings: survive to 25, exist to 26. Someone can coin 27 and win the same prize, which is that just because rates were low doesn't mean they're going to go back to being low. There's not a rule that says that has to happen.” — Jerry Baglien, Animal Spirits Podcast
Jerry Baglien · 5 Oct 2026 Listen →
“I do think that Meta has a little bit more of an existential risk than, say, Google does, for example, in that other than the advertising business, they've not been successful in any subscription-based businesses, really.” — Dan Chung, Animal Spirits Podcast
Dan Chung · 7 Sep 2026 Listen →

Hosts

Animal Spirits Podcast is hosted by Ben Carlson and Michael Batnick .

Recent Episodes

  1. 2 Nov 2026

    Talk Your Book: Diversifying the AI Trade

    With Brian Griggs

  2. 28 Oct 2026

    Why Baby Boomers Have All the Money (EP. 488)

  3. 26 Oct 2026

    Talk Your Book: Beyond Bonds in Retirement

    With Matt Kaufman

  4. 24 Oct 2026

    Talk Your Book: Investing in Single Stock Futures

    With Tim McCourt

  5. 21 Oct 2026

    It's a Bloodbath (EP. 487)

  6. 19 Oct 2026

    Talk Your Book: The Case for Value and Momentum

    With Lance Humphrey

  7. 14 Oct 2026

    Are Higher Rates Worse Than ZIRP? (EP. 486)

  8. 12 Oct 2026

    Talk Your Book: Will AI Debt Cause a Recession?

    With Bill Eigen

  9. 7 Oct 2026

    Sudden Wealth Syndrome (EP. 485)

  10. 5 Oct 2026

    Talk Your Book: How Higher Rates Are Re-Shaping Commercial Real Estate

    With Jerry Baglien

  11. 30 Sep 2026

    Will Higher Rates Kill the Stock Market? (EP. 484)

  12. 28 Sep 2026

    Talk Your Book: The Next Generation of Income Strategies

    With Mike Laughlin

Guests

Alex Morris (12 episodes), Sal Gilbertie (7 episodes), Bruce Bond (7 episodes), Jason Barsema (6 episodes), Brendan Ahern (5 episodes), Jack Neureuter (5 episodes), Matt Kaufman (5 episodes), Paul Kim (5 episodes), Kristof Gleich (5 episodes), Bob Long (4 episodes), Dave Mazza (4 episodes), Ed Egilinsky (4 episodes), and 224 more.