We discuss the difference between portfolio managers and portfolio management, Michael’s favorite investment book ever written, how to think about financial television, the amazing run in tech stocks, the future of the asset management business, the psychology behind dividend payments and much more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Both Ben Carlson and Michael Batnick joke that we probably talk to each other more than we talk to our own wives. Michael lives and works in New York while Ben lives and works in Michigan so the two are probably on the phone with each other a minimum of 5-6 times a day. We also hold simultaneous conversations with one another through direct messages Twitter, quick hits on Slack, text messages, email, and occasionally Skype. The majority of the time we talk about different research we're looking at, what we've been reading, crazy things going on in the markets, irrational things being said or done by investors, ideas for writing material, dad talk, what's going on with our own investments or personal finances, TV shows/movies/comedy specials we like or dislike and much more. So, like everyone else on the planet, we've decided to start our own podcast called Animal Spirits with Michael & Ben. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation.   Learn more about your ad choices. Visit megaphone.fm/adchoices