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Investment Implications of "The Battle Between the HAVES & HAVE NOTS"
The Plutonomix Podcast: There are always two sides to every issue, both of which have merit
11 minutes
1 year ago
Investment Implications of "The Battle Between the HAVES & HAVE NOTS"
In this week’s episode of the Plutonomix Podcast, Barnaby Levin and Laurie Kamhi discuss the growing wealth divide and the consequences it will have on the economic and investment landscape - including something now referred to as "Money Dysmorphia." They explore the impact the pending, $72 Trillion transfer of wealth from Boomers to younger generations might have in the midst of this and the risks associated with being the beneficiary of sudden wealth. Barnaby and Laurie also touch on the potential benefit dividends can have in stock-picking strategies and the need for alternative investments when faced with market volatility. And they remind listeners of the importance of patience and preparation when navigating times of economic and political uncertainty.
TIMESTAMPS
(01:22) How growing inequality may lead to "The Battle Between the HAVES & HAVE NOTS"
(03:07) The pending transfer of wealth from Boomers to younger generations
(05:00) Money Dysmorphia
(06:37) The potential comeback of the Dividend Discount Model
(07:58) Battening down the hatches in uncertain times
(09:03) The importance of planning ahead, with or without an advisor
(09:53) "All that glitters is not gold"
RESOURCES
What I Think I Know by Barnaby Levin
The Illusion of Knowledge by Howard Marks
Closing Technique of the Week: The Ben Franklin Close
CNBC: The Fed has not made a compelling case for taming inflation by crushing demand, says Judy Shelton
Stanley Druckenmiller says he'd be 'stunned' if a recession doesn't happen in 2023
Contact Barnaby
Contact Laurie
The Plutonomix Podcast: There are always two sides to every issue, both of which have merit