Will Social Security Be Around in 2060?
The episode of “Ask the Compound” pivots from a playful intro to a deep dive on the future of tax preparation and emerging investment vehicles. Hosts Duncan and Bill discuss why, despite advances in artificial intelligence, filing a complete tax return by 2026 remains elusive, and they unpack the mechanics of the newly dubbed “Trump accounts” for minors. They highlight that AI can soon automate simple W‑2 returns, but the U.S. tax code’s complexity—especially itemized deductions and recent law changes—makes full automation a longer‑term prospect. Language models frequently miss current figures, such as the 2024 standard deduction, underscoring the risk of relying on them without human oversight. The conversation also notes Betterment Advisor Solutions as a tool for streamlining simple client accounts. A memorable quote from CPA Bill Archeronian: “I’d be thrilled on April 8 20230 if I wasn’t preparing tax returns.” He also shares odd deduction attempts—a plane bought to depreciate for real‑estate travel and a shark mascot expense—illustrating the nuance required in tax advice that AI may not capture. For advisors, the takeaway is clear: embrace AI for efficiency while maintaining expert judgment, and consider novel savings vehicles like Trump accounts, which function like non‑deductible IRAs and can be converted to Roth IRAs for tax‑free growth. Mis‑tracking contributions could trigger penalties, so robust record‑keeping becomes essential as these products gain traction.
$1 Million Is the Worst Amount of Money | Animal Spirits 459
The episode opens with a look at rising global defense spending and WisdomTree’s new suite of geopolitical ETFs, positioning investors to capture the long‑term shift toward security‑related industries. Hosts Michael and Ben dissect recent market moves: the MAG7 giants erased roughly...
Would Gen Z Like the 1980s?
The video is a tongue‑in‑cheek pitch for a film that merges body‑swap and time‑travel tropes to explore generational differences. It outlines the premise: a baby boomer swaps bodies with a Gen‑Z renter; the Gen‑Z is sent back to 1980 when...
Which Beaten Down Stocks Are Worth a Closer Look?
The episode examines why the U.S. equity market can post a 15% gain while a sizable slice of individual stocks languish in double‑digit losses. Host Duncan and guests dissect the recent sell‑off in the so‑called MAG7 mega‑caps—Apple, Microsoft, Alphabet, Amazon,...
Why You Never Sell New Highs
The video centers on a portfolio manager’s steadfast policy: never sell energy stocks when they reach new highs. He stresses that clients rarely request profit‑taking, reinforcing his belief that exposure should remain at least index‑weight, typically 4‑5% of a portfolio,...
How Much Money Should You Save?
The Ask the Compound episode tackled the perennial question of how much money one should save for retirement, while also probing the cultural perception of wealth in high‑cost cities like New York. Host Duncan and co‑host Ben fielded listener queries...
What’s the Worst Asset Class for the Next 5 Years?
The Ask the Compound episode tackled a provocative question: which asset class will deliver the worst returns over the next five years—private markets or U.S. residential real estate? Host Duncan and guest Nick Mulli dissected recent capital inflows, the housing...
The Perfect Price of Oil | Animal Spirits 456
On Animal Spirits, hosts Michael and Ben discuss current oil-market dynamics, debating whether the shock is a replay of February 2020 panic or a “liberation day” moment of manageable disruption. They highlight a clip from Taylor Sheridan’s Land Man that...
Will AI Displace Financial Advisors? | Animal Spirits 455
The latest Animal Spirits episode tackles a pressing question: will artificial intelligence render financial advisors obsolete? Host Michael and Ben invite AI‑focused guest Michael Kitsus to explore how rapidly evolving tools are reshaping the wealth‑management landscape, while also revisiting a...
Trump's 10 Commandments for Business | LFTC
The episode centers on Professor Jeffrey Sonnenfeld’s new book, *Trump’s Ten Commandments: Strategic Lessons from the Trump Leadership Toolbox*, which distills the former president’s recurring tactics into a playbook for business, politics, and media. Sonnenfeld and host Josh discuss how...
Autonomous Driving Is a Trillion Dollar Opportunity
Uber reported one of its strongest quarters, hitting a $15 billion annual trip run rate, 200 million monthly active users, record adjusted EBITDA of $2.5 billion and accelerating free cash flow while quarterly trips rose 22% and membership grew 55%...
