The Stock Market is Heartless, be a bayesian about risk taking, about those $2,000 checks (with Allison Schrager)
Courtesy of The Reformed Broker
Stocks soar to record highs as an armed insurrection invades Capitol Hill and millions of Americans remain susceptible to the worst pandemic in a century. How? How is this possible?
Josh’s guest is Allison Schrager, an economist, senior fellow at the Manhattan Institute, contributing editor at City Journal, co-founder of LifeCycle Finance Partners, LLC and the author of the book An Economist Walks Into a Brothel. Allison writes about risk, reward, retirement systems, pensions, the economy and political policies that affect all of our lives.
You can subscribe to her letter, Known Unknowns, here: https://www.allisonschrager.com/
You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!
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