Podcasts about manias

Want to know your English level? Take our free English-level quiz here to find out what your current English level is.  Do you love All Ears English?  Try our other podcasts here: Business English Podcast: Improve your Business English with 3 episodes per week, featuring Lindsay, Michelle, and Aubrey IELTS Energy Podcast: Learn IELTS from a former Examiner and achieve your Band 7 or higher, featuring Lindsay McMahon and Aubrey Carter with Jessica Beck in previous episodes Visit our website here or https://lnk.to/website-sn If you love this podcast, hit the follow button now so that you don't miss five fresh and fun episodes every single week.  Don't forget to leave us a review wherever you listen to the show. Send your English question or episode topic idea to support@allearsenglish.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

A forma como lidamos com o dinheiro diz muito sobre quem somos enquanto povo. Seremos nós, portugueses, mais aforradores ou gastadores? O que dizem os números sobre os nossos hábitos financeiros? No mais recente episódio do podcast MoneyBar, vamos olhar para as virtudes, as contradições e as curiosidades da nossa relação com o dinheiro. Inscreva-se na lista de Espera do Curso “Do Zero à Liberdade Financeira”: https://bit.ly/Lista-de-Espera-Curso  Inscreva-se na Lista de Espera do Programa Património Imobiliário: https://moneylab.pt/imobiliario-sup  Inscreva-se na Lista de Espera do Programa Património 50+: https://moneylab.pt/patrimonio-50-sup  Subscreva a Newsletter: Newsletter MoneyLab – https://bit.ly/NewsletterMoneyLab  Junte-se ao grupo de Telegram: https://bit.ly/moneylab-telegram  Whatsapp MoneyLab: https://moneylab.pt/whatsapp  Redes Sociais Instagram: https://www.instagram.com/barbarabarroso  Facebook: https://www.facebook.com/barbarabarrosoblog/  Subscreva os canais de Youtube: https://www.youtube.com/barbarabarroso  https://www.youtube.com/moneylabpt  Para falar sobre eventos, programas e formação: https://www.moneylab.pt/  Disclaimer: Todo o conteúdo presente neste podcast tem apenas fins informativos e educacionais e não constitui uma recomendação ou qualquer tipo de aconselhamento financeiro.

"Manias can last a lot longer than anyone thinks," argues Nigam Arora. However, he points to "extremely positive" sentiment, upped earnings expectations, and significant concentration as signs that a pullback is very likely before midterms take the wheel of macro moves. To protect your portfolio, he offers perspective on how his firm uses dynamic hedging while still participating in rallies. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Zacks GenXers Tracey Ryniec and Mark Vickery look back on the late 1990s and compare it with 2026's AI Revolution. (1:00) - What Can We Takeaway From The Past Stock Market Bubbles? (10:15) - Will AI Be The Next Dot-com Bubble? (21:45) - Breaking Down The Current Valuation of The AI Trade Right Now? (46:45) - Episode Roundup: MSFT, GOOGL, NVDA

Nigam Arora returns to Market on Close to explain what he considers a bubble versus a mania, and talks about how they compare to the current exuberant rallies in tech. As Nigam explains, market mania can be a dangerous tightrope to walk amid aggressive bullish moves. He adds that there are opportunities for short sellers when manias lose steam in the AI trade.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Today's Post - https://bahnsen.co/4w45BZc David Bahnsen discusses why market drawdowns are normal and distinct from bubbles, using 2026 S&P 500 moves (down ~9% peak-to-trough, then a sharp rebound to up ~5% YTD) to argue markets are behaving typically despite war-driven narratives. He distinguishes frequent corrections from rarer bubble bursts and critiques the incoherent swing from “apocalypse” to “mania” framing. Bahnsen outlines three investor responses—market timing (impractical), buy-and-hold (endure), and embracing volatility through dividend growth and reinvestment—emphasizing asset allocation built for investor temperament and cash-flow needs. He applies historical bubble psychology (Kindleberger's stages) to AI, predicting mixed outcomes: some hyperscalers and AI-related firms will disappoint or fail, while valuable companies may survive valuation resets. Key takeaways include inevitability of future corrections, prudence via diversification and limited AI exposure, and potential selective opportunities after any AI-driven downturn. 00:00 Welcome and Agenda 02:05 Year-to-Date Market Whiplash 04:45 Corrections Are Normal 08:11 Three Ways to Respond 12:20 Embrace Volatility With Dividends 14:10 Manias vs Bubbles 16:12 AI Bubble Risk and Diversification 23:27 Kindleberger Bubble Stages 26:42 Seven Investor Takeaways 29:05 Closing Philosophy and Farewell Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Stop me if you've heard this one before… It was the best of nights… it was the worst of nights… Yeah, Dickens ain't got nothin' on WWE after we all lived through a rollercoaster of a weekend wherein after night one the sky was falling and after night two people were ready to dance in the streets. To quote Roger Murtaugh… we're gettin' too old for this shit… but that ain't gonna stop us from running down all of the happenings from yet another Vegas WrestleMania in this, episode 243, A Tale Of Two Manias!   FULL VIDEO EPISODES! That's right folks, you can see our bright smiling idiotic faces in full color on our YouTube channel. Full episodes available as well as clips.   ...AND ANOTHER THING: The Man They Call Tim suggests watching "CM Punk: Best In The World" on YouTube Uncle Todd suggests checking out Minor Case Straight Rye Whiskey from Limestone Branch Distillery (if you're over 21 of course)   FOLLOW US ON THE SOCIAL MEDIAS: Facebook - http://facebook.com/freerangeidiocy Instagram - http://instagram.com/freerangeidiocy YouTube - http://youtube.com/@freerangeidiocy

Today we jump back 15 years to the Mar. 30, 2011 episode of the PWTorch Livecast with PWTorch assistant editor James Caldwell and PWTorch columnist Pat McNeill. They discussed with live callers the WrestleMania 27 line-up, final hype on Monday's WWE Raw, announcers for WM27, what the main event could one should be, Brock Lesnar's wrestling talk promoting UFC's TUF, Bret Hart on the WrestleMania build-up, Best/Worst WrestleMania matches & PPVs & box office results, ROH and FCW talk, and more.In the previously VIP-exclusive Aftershow, hey took Listener Mail questions from the Pat McNeill Zone of the VIP Forum covering a wide variety of old and current topics.Become a supporter of this podcast: https://www.spreaker.com/podcast/wade-keller-pro-wrestling-podcast--3076978/support.

Is U.S. market dominance about to break? In this episode of Insight is Capital, Pierre Daillie sits down with Cole Smead (CEO & Portfolio Manager, Smead Capital Management) to unpack why today's market may be less about valuations—and more about a powerful capital cycle that could reshape global investing.From AI-driven CapEx booms to the hidden risks of passive investing, Smead draws on historical parallels—from railroads to telecom to fracking—to explain why investors often miss the biggest regime shifts… and why the next decade of returns may look very different from the last.This conversation explores the case for international equities, the structural setup for commodities, and why Canadian oil could play a critical role in portfolios as capital flows begin to rebalance globally.If you think diversification still means owning the S&P 500… this episode may change your perspective.

WrestleMania 42 is shaping up to be one of the most polarising Manias in years… depending on how WWE book it, it could either be an all-time classic or a complete disaster!In this episode, we break down the key decisions that could MAKE WrestleMania 42 incredible… and the ones that could absolutely BREAK it.From a potential Cody Rhodes heel turn, to the booking of Brock Lesnar vs Oba Femi, the looming involvement of The Rock, too many celebrities, and even Stone Cold Steve Austin… there's a lot riding on this year's show.We're not saying WrestleMania is in danger, we're asking one simple question:What decisions will MAKE or BREAK WrestleMania 42?Let us know in the comments:What would MAKE WrestleMania for you?And what would completely BREAK it?

It's Flashback Friday! This episode originally hit the main feed in April, 2017. It's Tuesday and it's time for a new episode of Shooting the Shiznit. “Superfan” Kerry Morris joins Brian Tramel on Episode 14, Season 3 as they talk about attending 17 Manias, the people in the crowd you see every week and Kerry even tells us about the buttheads he has met. Check out our LINK OF ALL LINKS to watch the show and listen to our podcasts! linktr.ee/STSPOD Do you want these shows as soon as they are recorded? Join Patreon!! Subscribe now ! www.patreon.com/shootintheshiznit Vitality Chiropractic in Jonesboro and Newport, Arkansas, is a trusted haven for individuals seeking comprehensive chiropractic care. With a dedicated team of professionals, they prioritize spinal health and overall well-being. If you're looking for personalized and effective chiropractic services, reach out to them at (870) 523-2225 to experience their commitment to enhancing your health and vitality. Meal prep in Northeast Arkansas! 15% Off with our code STSPODCLUB at bare870.com. That's 15% off and use our code STSPODCLUB Go to bare870.com Trust Bare for your meal prep needs in Northeast Arkansas. Eat Better. Live Better. Paypal LINK ! py.pl/15aeX0 Link of all links: linktr.ee/STSPOD Search “Shooting The Shiznit” to LIKE the STSPOD FB page !! Sponsored by Spunklube is the perfect blend of water and silicone. It is an all purpose personal lubricant that can be used for any occasion. You will love the natural feeling and look of it. It is safe for sensitive skin. Go to spunklube DOT com and tell them shootin the shiznit sent you ! Follow them on Twitter @SpunkLube Have you used the UBER Eats app? If not, you can download it & get $7 off your first order by using this code: eats-briant24790ue Did you love this week's episode?? Was it worth a $1 ? $2? $100?? Donate to STS by using the Cash app and sending $$$$ to: $BTSTS In partnership with Championship Wrestling on CW30! Every Saturday at Noon on YouTube. Follow them on Twitter: @cw30wrestling Do you wanna be a pro wrestler ? Go to championshipwrestlingmemphis.com and apply for classes that start soon !! LIVE MEMPHIS WRESTLING: EVENTS: tinyurl.com/Upcoming-Live-Event

From fueling some of mankind's most violent events to inspiring your daughter's latest pop star obsession, mania has become an indispensable force in shaping our collective story. This hour we explore a centuries-long flower frenzy and modern-day fanaticism to uncover why we are so drawn to being "totally obsessed." GUESTS: Daniel Durbin: Professor of Communication and Director of the Institute of Sports, Media and Society at the University of Southern California Annenberg School Sarah Bilston: Professor of English at Trinity College and author of the book, The Lost Orchid: A Story of Victorian Plunder & Obsession Paul Barnes: Pianist and Professor of Music at the University of Nebraska-Lincoln Glenn Korff School of Music Join the conversation on Facebook and Twitter. Subscribe to The Noseletter, an email compendium of merriment, secrets, and ancient wisdom brought to you by The Colin McEnroe Show. The Colin McEnroe Show is available as a podcast on Apple Podcasts, Spotify, Amazon Music, TuneIn, Listen Notes, or wherever you get your podcasts. Subscribe and never miss an episode. This episode is produced by Angelica Gajewski. Colin McEnroe, Robyn Doyon-Aitken, and Dylan Reyes contributed to this show, which originally aired on April 1, 2025.Support the show: http://www.wnpr.org/donateSee omnystudio.com/listener for privacy information.

“Predictions are hard,” Yogi Berra once quipped, “especially about the future”. Yes they are. But in today's AI boom/bubble, how exactly can we predict the future? According to Silicon Valley venture capitalist Aman Verjee, access to the future lies in the past. In his new book, A Brief History of Financial Bubbles, Verjee looks at history - particularly the 17th century Dutch tulip mania and the railway mania of 19th century England - to make sense of today's tech economics. So what does history teach us about the current AI exuberance: boom or bubble? The Stanford and Harvard-educated Verjee, a member of the PayPal Mafia who wrote the company's first business plan with Peter Thiel, and who now runs his own venture fund, brings both historical perspective and insider experience to this multi-trillion-dollar question. Today's market is overheated, the VC warns, but it's more nuanced than 1999. The MAG-7 companies are genuinely profitable, unlike the dotcom darlings. Nvidia isn't Cisco. Yet “lazy circularity” in AI deal-making and pre-seed valuations hitting $50 million suggests traditional symptoms of irrational exuberance are returning. Even Yogi Berra might predict that. * Every bubble has believers who insist “this time is different” - and sometimes they're right. Verjee argues that the 1999 dotcom bubble actually created lasting value through companies like Amazon, PayPal, and the infrastructure that powered the next two decades of growth. But the concurrent telecom bubble destroyed far more wealth through outright fraud at companies like Enron and WorldCom.* Bubbles always occur in the world's richest country during periods of unchallenged hegemony. Britain dominated globally during its 1840s railway mania. America was the sole superpower during the dotcom boom. Today's AI frenzy coincides with American technological dominance - but also with a genuine rival in China, making this bubble fundamentally different from its predecessors.* The current market shows dangerous signs but isn't 1999. Unlike the dotcom era when 99% of fiber optic cable laid was “dark” (unused), Nvidia could double GPU production and still sell every chip. The MAG-7 trade at 27-29 times earnings versus the S&P 500's 70x multiple in 2000. Real profitability matters - but $50 million pre-seed valuations and circular revenue deals between AI companies echo familiar patterns of excess.* Government intervention in markets rarely ends well. Verjee warns against America adopting an industrial policy of “picking winners” - pointing to Japan's 1980s bubble as a cautionary tale. Thirty-five years after its collapse, Japan's GDP per capita remains unchanged. OpenAI is not too big to fail, and shouldn't be treated as such.* Immigration fuels American innovation - full stop. When anti-H1B voices argue for restricting skilled immigration, Verjee points to the counter-evidence: Elon Musk, Sergey Brin, Sundar Pichai, Satya Nadella, Max Levchin, and himself - all H1B visa holders who created millions of American jobs and trillions in shareholder value. Closing that pipeline would be economically suicidal.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Join Russell Napier in discussion with author Perry Mehrling about the extraordinary life of Charles P. Kindleberger – central banker, US Department of State representative steering post-war German reconstruction, leading academic, and author of Manias, Panics And Crashes. Kindleberger was driven by the hope that, if he helped people understand how the dollar system really works, they would stop trying to destroy it. Perry's account is given additional nuance and insight through the friendship he developed with Kindleberger in his later years.www.libraryofmistakes.com

Questions? Comments?Don and Tom tackle the timeless topic of diversification — why it's back in style, why it's so hard to maintain, and why most investors (and pros) still get it wrong. They walk through how market “leadership” shifts over decades, the global vs. U.S. split, and why comparing your portfolio to the S&P 500 is often a trap. Listener questions cover ETF access at T. Rowe Price and Vanguard, whether to invest or pay down debt, and how the 5% flexible withdrawal rule works in early retirement. Plus, the guys riff on Halloween candy inflation, Social Security COLA bumps, and Don's LitReading “Scary Story Season.”0:04 Show open — Saturday radio edition and why repetition matters in financial education1:03 The fashion of diversification — and why it's “back in style”2:27 International and small-cap value resurgence3:15 Why investors chase past returns instead of diversifying4:02 Gold, inflation, and recency bias — lessons from the 1980s5:21 U.S. vs. international allocation debate: market cap vs. 50/506:20 The long wait for Japan's market recovery7:41 Practical diversification tools — AVGE, DFAW, VT8:19 Stop comparing everything to the S&P 5009:08 Historical proof: global portfolio vs. S&P since 193110:02 Caller Charlie — buying Avantis or DFA ETFs through T. Rowe Price or Vanguard12:39 How fund custodians differ from managers13:27 Checking portfolio exposure with Morningstar14:42 Caller Gabe — invest or pay off debt?16:45 When to pay off a car loan vs. mortgage19:35 How to handle multiple mortgages and long-term plans20:22 Social Security's 2026 COLA bump and the “good news/bad news” of $102 more a month22:21 Inflation realities — coffee, beef, and Halloween candy25:02 Candy talk — shrinkflation and Don's trick-or-treat haul25:54 LitReading plug: “Scary Story Season” and Philip K. Dick's The Hanging Man27:34 Search “Don McDonald” in Apple Podcasts — chiropractor cameo included29:05 Listener Victor (a.k.a. George) — can $4 million last 60 years with 5% withdrawals?31:38 How the flexible withdrawal method works in practice33:49 Retirement purpose, Monte Carlo results, and FIRE skepticism37:41 Kindleberger quote on bubbles and envy: “There's nothing so disturbing as to see a friend get rich.”38:55 Kindleberger's background and Manias, Panics, and CrashesLearn more about your ad choices. Visit megaphone.fm/adchoices

Don and Tom tackle the timeless topic of diversification — why it's back in style, why it's so hard to maintain, and why most investors (and pros) still get it wrong. They walk through how market “leadership” shifts over decades, the global vs. U.S. split, and why comparing your portfolio to the S&P 500 is often a trap. Listener questions cover ETF access at T. Rowe Price and Vanguard, whether to invest or pay down debt, and how the 5% flexible withdrawal rule works in early retirement. Plus, the guys riff on Halloween candy inflation, Social Security COLA bumps, and Don's LitReading “Scary Story Season.” 0:04 Show open — Saturday radio edition and why repetition matters in financial education 1:03 The fashion of diversification — and why it's “back in style” 2:27 International and small-cap value resurgence 3:15 Why investors chase past returns instead of diversifying 4:02 Gold, inflation, and recency bias — lessons from the 1980s 5:21 U.S. vs. international allocation debate: market cap vs. 50/50 6:20 The long wait for Japan's market recovery 7:41 Practical diversification tools — AVGE, DFAW, VT 8:19 Stop comparing everything to the S&P 500 9:08 Historical proof: global portfolio vs. S&P since 1931 10:02 Caller Charlie — buying Avantis or DFA ETFs through T. Rowe Price or Vanguard 12:39 How fund custodians differ from managers 13:27 Checking portfolio exposure with Morningstar 14:42 Caller Gabe — invest or pay off debt? 16:45 When to pay off a car loan vs. mortgage 19:35 How to handle multiple mortgages and long-term plans 20:22 Social Security's 2026 COLA bump and the “good news/bad news” of $102 more a month 22:21 Inflation realities — coffee, beef, and Halloween candy 25:02 Candy talk — shrinkflation and Don's trick-or-treat haul 25:54 LitReading plug: “Scary Story Season” and Philip K. Dick's The Hanging Man 27:34 Search “Don McDonald” in Apple Podcasts — chiropractor cameo included 29:05 Listener Victor (a.k.a. George) — can $4 million last 60 years with 5% withdrawals? 31:38 How the flexible withdrawal method works in practice 33:49 Retirement purpose, Monte Carlo results, and FIRE skepticism 37:41 Kindleberger quote on bubbles and envy: “There's nothing so disturbing as to see a friend get rich.” 38:55 Kindleberger's background and Manias, Panics, and Crashes Learn more about your ad choices. Visit megaphone.fm/adchoices

The government shutdown has silenced the Bureau of Labor Statistics, leaving investors without the monthly jobs report. But does Wall Street really need the BLS to keep moving? Lance Roberts & Michael Lebowitz explore what happens when government labor data goes missing, how traders adapt, and what alternative indicators might offer clues about the state of the economy. Lance and Mike also examine valuation metrics in the markets, and discuss claims that interest rates are still too high. Can the "AI Effect" sustaining markets and the economy continue into 2026? 0:19 - What the Economic Surprise Index is Saying 4:29 - Markets Hit All-time High. Again. 9:30 - When P/E Ratios are Elevated 12:25 - 1999 Valuations vs Now 13:52 - Is the AI Excitement Worth It? 17:47 - The Risk of Disappointment 21:57 - Government Shutdown Ramifications 24:03 - BLS vs ADP 27:31 - What JOLTS & IRS Data is Telling Us 33:44 - Stephen Miran - Are Rates Too High? 35:38 - The Fallacy of CPI 37:37 - Immigration Impact on Economic Growth 39:00 - The Natural Rate of Interest 41:26 - The Taylor Rule Explained 45:17 - Will AI Spending Be Able to Continue into 2026? 46:58 - The Resilience of the Market

The government shutdown has silenced the Bureau of Labor Statistics, leaving investors without the monthly jobs report. But does Wall Street really need the BLS to keep moving? Lance Roberts & Michael Lebowitz explore what happens when government labor data goes missing, how traders adapt, and what alternative indicators might offer clues about the state of the economy. Lance and Mike also examine valuation metrics in the markets, and discuss claims that interest rates are still too high. Can the "AI Effect" sustaining markets and the economy continue into 2026? 0:19 - What the Economic Surprise Index is Saying 4:29 - Markets Hit All-time High. Again. 9:30 - When P/E Ratios are Elevated 12:25 - 1999 Valuations vs Now 13:52 - Is the AI Excitement Worth It? 17:47 - The Risk of Disappointment 21:57 - Government Shutdown Ramifications 24:03 - BLS vs ADP 27:31 - What JOLTS & IRS Data is Telling Us 33:44 - Stephen Miran - Are Rates Too High? 35:38 - The Fallacy of CPI 37:37 - Immigration Impact on Economic Growth 39:00 - The Natural Rate of Interest 41:26 - The Taylor Rule Explained 45:17 - Will AI Spending Be Able to Continue into 2026? 46:58 - The Resilience of the Market

The U.S. government shutdown has officially started. What does this mean for the economy, markets, and your investments? Lance Roberts covers the immediate fallout from the shutdown on federal spending, workers, and services ; how markets have historically reacted during shutdowns—and what to expect this time; the risk to GDP, delayed economic data releases, and consumer confidence. This shutdown is more than politics—it's a real test for the economy and financial markets. Stay informed and prepared. [*NOTE: YouTube sustained severe streaming issues during this morning's live feed. This is a separate recording of the show.]

The U.S. government shutdown has officially started. What does this mean for the economy, markets, and your investments? Lance Roberts covers the immediate fallout from the shutdown on federal spending, workers, and services ; how markets have historically reacted during shutdowns—and what to expect this time; the risk to GDP, delayed economic data releases, and consumer confidence. This shutdown is more than politics—it's a real test for the economy and financial markets. Stay informed and prepared. [*NOTE: YouTube sustained severe streaming issues during this morning's live feed. This is a separate recording of the show.]

Send us a textwww.friendlybearconference.com  Friendly Bear UniversityGet Profitable & Master Your Trading - Memberships & Courses Now AvailableFriendly Bear Conference 4Early Bird ticket for Friendly Bear Conference 4 in Los Angeles on 10/10/25 ft. Tom Hougaard. Flash ResearchUse coupon code FB15 for 15% off Premium. Find your edge with the best stock analyzer AskEdgarUse Code friendlybear for 25% off for AskEdgar, the new standard for researching SEC filingsPreorder David's BookPreorder David's book Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Todo mundo tem um lado esquisito — e, de perto, ninguém escapa. A questão é: até que ponto uma mania é só ~ um jeitinho ~… ou um verdadeiro atentado à paciência alheia? Neste episódio, convocamos a cientista social  @betaboechat  para debater a fundo essas pequenas excentricidades.APOIE ESTE PODCAST⁠⁠⁠⁠⁠https://orelo.cc/jogueinogrupo⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ou no APOIA-SE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apoia.se/jogueinogrupopodcast⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Envie seu e-mail para:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ jogueinogrupo@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Assista o episódio em vídeo no youtube:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ / @podcastjogueinogrupo Siga o Joguei no Grupo: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.instagram.com/jogueinogrupo⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Siga a Jenny Prioli: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.instagram.com/jennyprioli⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Siga o Controle Y: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠w⁠ww.instagram.com/controle_y⁠

Hoje o podcast pega fogo! Todo mundo que namora acaba se irritando com alguma mania ou costume do parceiro, não tem como! Estamos lendo os desabafos de vocês e muitos deles a gente acabou se identificando. A discussão foi boa!Episódios novos toda sexta-feira, 00h. Comente o que achou do episódio ou mande um recado para a gente diretamente no Spotify!Apoie o Divã da Diva e tenha um episódio a mais, exclusivo, no Divã da Diva para Íntimos!Apoia-se: https://apoia.se/divadepressaoOrelo: https://orelo.cc/podcast/65c0ddb1243feaaede3cea6c

Welcome to PsychEd, the psychiatry podcast for medical learners, by medical learners.This episode covers South Asian mental health with Dr. Farooq Naeem, a senior scientist with the Institute for Mental Health Policy Research and a psychiatrist at the Centre for Addiction and Mental Health. He is also a professor of psychiatry at the University of Toronto.Dr. Naeem pioneered techniques for culturally adapting CBT. These techniques have been used to adapt CBT in South Asia, North Africa, Middle East, Kenya and China. His research areas include CBT, psychosis, and culture, with an overall aim to improve access to CBT. He has also published on issues related to health services and quality improvement. He works with a team of IT experts and has developed a CBT-based therapy program — called eGuru — that can be delivered through web and smartphone apps.The learning objectives for this episode are as follows:By the end of this episode, you should be able to…Recognize the unique mental health challenges and barriers faced by South Asian communitiesUnderstand how cultural nuances shape mental health presentations and assessmentsDescribe culturally adapted CBT and its benefits for South Asian patientsIdentify initiatives and future directions in transcultural psychiatry for South AsiansGuest: Dr. Farooq NaeemHosts: Hira Ahmad, Gurvir Rai, Nikhita SinghalAudio editing by: Nikhita SinghalShow notes by: Nikhita SinghalResources:PsychEd Episode 29: Cultural Psychiatry with Dr. Eric JarvisCulturally Adapted Cognitive Behavioural Therapy for Canadians of South Asian OriginSouth Asian Canadian Mental Health FoundationSociety for the Study of Psychiatry and CultureReferences:Gadalla, T.M. (2010). Ethnicity and seeking treatment for depression: a Canadian national study. Canadian Ethnic Studies 41(3), 233-245. https://doi.org/10.1353/ces.2010.0042Karasz, A., Gany, F., Escobar, J., Flores, C., Prasad, L., Inman, A., Kalasapudi, V., Kosi, R., Murthy, M., Leng, J., & Diwan, S. (2019). Mental health and stress among South Asians. Journal of Immigrant and Minority Health, 21(S1), 7–14. https://doi.org/10.1007/s10903-018-0790-4Kumar, A., & Nevid, J. S. (2010). Acculturation, enculturation, and perceptions of mental disorders in Asian Indian immigrants. Cultural Diversity and Ethnic Minority Psychology, 16(2), 274–283. https://doi.org/10.1037/a0018352Lai, D. W. L., & Surood, S. (2008). Socio-cultural variations in depressive symptoms of ageing South Asian Canadians. Asian Journal of Gerontology and Geriatrics, 3(2), 84-91.Leung, P., Cheung, M., & Tsui, V. (2011). Asian Indians and depressive symptoms: Reframing mental health help -seeking behavior. International Social Work, 55(1), 53–70. https://doi.org/10.1177/0020872810372801Masood, N., Okazaki, S., & Takeuchi, D. T. (2009). Gender, family, and community correlates of mental health in South Asian Americans. Cultural Diversity and Ethnic Minority Psychology, 15(3), 265–274. https://doi.org/10.1037/a0014301Vakil, K., Desse, T. A., Manias, E., Alzubaidi, H., Rasmussen, B., Holton, S., & McNamara, K. P. (2023). Patient-centered care experiences of first-generation, South Asian migrants with chronic diseases living in high-income, Western countries: systematic review. Patient Preference and Adherence, 17, 281–298. https://doi.org/10.2147/PPA.S391340For more PsychEd, follow us on Instagram (@psyched.podcast), Facebook (PsychEd Podcast), X (@psychedpodcast), and Bluesky (@psychedpodcast.bsky.social‬). You can email us at psychedpodcast@gmail.com and visit our website at psychedpodcast.org.

Com Joana Azevedo

Our Writers' salon on the theme of libraries explores characters as diverse as saints, memories, universities, the necessity of writing novels, dystopian visions of the future and seed banks. We chose the theme of Libraries because at a time of book burning and censorship the Library remains a place of freedom of thought and expression. Our first reading is 'Members of Dead Libraries' written by Declan Geraghty. He is a working class writer and poet from Dublin. He's had poetry published in Shanghai Poetry Lab, Epoque Press, Militant Thistles, Cry of the Poor and the Brown Envelope Book. His latest short story featured in Lumpen London issue 11. He has won a mentorship with Words Ireland, and their national mentoring program for new writers. He's recently won a scholarship place with The Stinging Fly Play It Forward Programme, and been awarded a mentorship with Skylight 47. The story is read by Simon Roberts. Our next reading 'All Saints' is by Lindsay Gillespie. Lindsay was born in South Wales, and lives in the South Downs. In between she has been a graphic designer and illustrator, lived in New Delhi, Washington DC, France and taught English in Tokyo. In 2018-2019, she was enrolled in the Creative Writing Programme of New Writing South. She writes short and not-so-short stories and was a Costa 2021 Short Story Award finalist. A year later, she was a finalist for the Bridport Short Story Prize. Other short stories have been shortlisted in nine competitions in recent years including Fiction Factory, Exeter, Oxford Flash Fiction, Fiction Factory Flash, Rhys Davies, Frome, ChipLit, Edinburgh and Fish.Martin Nathan reads his short story, 'D is for Dentist'. Martin's short fiction and poetry has appeared in a range of journals and his novel A Place of Safety is published by Salt Publishing. His dramatic writing has been shortlisted for the Nick Darke award and the Woodward International Prize.Simon Roberts, based in West London, performs his short story 'Does the world need any more novels?' alongside Jananne Rahman. Simon Roberts writes short stories and flash fiction. His story Dirty Chicken & Rice was a 2024 Plaza Prizes finalist, and his adaptation of The Slaves of Solitude was produced by Questors Theatre in 2024. He was a finalist in this year's Fish Flash Fiction Prize.‘The Library' written and read by Martha Stutchbury explores the transformation / decline of a university library, through the eyes of a librarian working on the special collections floor. Martha Stutchbury is an events producer living and working in London. She studies creative writing part-time at Birkbeck University, and has worked as a researcher on creative non-fiction projects including Kate Summerscale's ‘The Book of Phobias and Manias', commissioned by the Wellcome Foundation. Finally, founder and co-host of the Story Radio Podcast, Tabitha Potts is a short story writer and novelist, and has been published in various literary magazines and anthologies. She received an Honourable Mention in the Alpine Fellowship Writing Prize for her story Poppet and is publishing her debut novel in 2026 with Rowan Prose Publishing. She reads from her original short story 'The Hum'. The photograph used as the podcast cover for this episode was taken by Tabitha Potts and shows the Library at Charleston House.

Neste episódio do Diocast, propomos uma conversa leve, divertida e cheia de informação sobre os ambientes gráficos que usamos no Linux. E para deixar o papo mais interessante, vamos usar uma mecânica inspirada no clássico jogo batalha naval! Cada participante terá a missão de revelar suas preferências, manias, e até críticas sobre o ambiente gráfico que utiliza.Quais são as primeiras configurações que eles fazem logo após instalar o sistema? Existe alguma extensão que eles sempre recomendam? Qual programa faz parte do pacote e eles indicam de olhos fechados? E, claro, qual recurso eles preferiam ver desaparecer do mapa?A proposta da nossa batalha naval de ambientes desktop não é escolher um "vencedor", mas sim trocar experiências e mostrar as possibilidades que cada ambiente oferece. Vamos falar sobre pontos fortes, pontos fracos e pequenos ajustes que fazem toda a diferença no dia a dia — inclusive aquelas manias pessoais que cada um desenvolve para deixar o sistema “do seu jeito”.Se você já usa Linux, vai se identificar com algumas situações e talvez até descobrir dicas novas. Se ainda está explorando esse universo, vai entender melhor como funcionam os ambientes gráficos e qual deles pode combinar mais com o seu estilo de uso.Tudo isso embalado na vibe de “batalha naval”, com direito a alvos, manobras e até torpedos de opinião. A cada resposta, vamos citar exemplos práticos, configurações e indicar extensões que utilizamos em nossas rotinas.Então prepare-se para essa batalha naval divertida — sem explosões de verdade, mas com muitas opiniões sinceras, dicas valiosas e aquela leveza que você já está habituado no Diocast. Dê o play, participe nos comentários e conte pra gente: o que você afundaria no seu desktop favorito?Este episódio é o último na temporada 9 do Diocast, agora vamos entrar em um pequeno recesso e voltamos em breve! Esperamos que aproveite o vídeo e quem sabe, saia dele com ideias novas para deixar seu ambiente Linux ainda melhor!---https://diolinux.com.br/podcast/batalha-naval-no-desktop-linux.html

Has the buildup to WrestleMania 41 lived up to the hype of previous Manias? Chad and I discussed the issue during this week’s episode. We look at several different perspectives, from all the matches to the Hall of Fame and shows in between. Let us know what you think! Please leave a review and send … Continue reading My 1-2-3 Cents Episode 543: WrestleMania 41 Buildup → The post My 1-2-3 Cents Episode 543: WrestleMania 41 Buildup appeared first on Jittery Monkey Podcasting Network.

Has the buildup to WrestleMania 41 lived up to the hype of previous Manias? Chad and I discussed the issue during this week’s episode. We look at several different perspectives, from all the matches to the Hall of Fame and shows in between. Let us know what you think! Please leave a review and send … Continue reading My 1-2-3 Cents Episode 543: WrestleMania 41 Buildup → The post My 1-2-3 Cents Episode 543: WrestleMania 41 Buildup appeared first on Jittery Monkey Podcasting Network » My 1-2-3 Cents.

Welcome to Chuck's Cantina Podcast where anything & everything is up from discussion. This week OG Patron returns to discuss his partners experience with medical personnel and Chuck tells a story of what happened after his first knee surgery. You can follow the show on Facebook, Twitter, Lapse, & Instagram, at @Chuckscantina for more information. To contact the show please reach out to chuckscantina@gmail.com Cheers.  

From fueling some of mankind's most violent events to inspiring your daughter's latest pop star obsession, mania has become an indispensable force in shaping our collective story. This hour we explore a centuries-long flower frenzy and modern-day fanaticism to uncover why we are so drawn to being "totally obsessed." GUESTS: Daniel Durbin: Professor of Communication and Director of the Institute of Sports, Media and Society at the University of Southern California Annenberg School Sarah Bilston: Professor of English at Trinity College and author of the forthcoming book, The Lost Orchid: A Story of Victorian Plunder & Obsession Paul Barnes: Pianist and Professor of Music at the University of Nebraska-Lincoln Glenn Korff School of Music Support the show: http://www.wnpr.org/donateSee omnystudio.com/listener for privacy information.

Kris and David are guestless as we discuss the week that was March 27-April 1, 2003. Topics of discussion include:Mirko Cro Cop destroying Bob Sapp in a K-1 fight and all of the fallout, including the potential ramifications for Sapp's popularity in Japan.Satoshi Kojima winning the "weakest" Champion Carnival in AJPW history.Jerry Jarrett and Vince Russo having issues in TNA.Nathan Jones and the reasons why WWE wouldn't let him wrestle on TV.John Cena starting to get the shove.Kurt Angle and Steve Austin putting their wellbeing on the line by working major matches at Wrestlemania.The story of the Miller Lite Catfight Girls at WrestleMania.The abject failure on every level that was Triple H going over Booker T at WrestleMania.The sheer insanity that was Hulk Hogan vs. Vince McMahon at Wrestlemania, plus all of the other major happenings from one of the best Manias ever.The Raw After Mania where Stone Cold gets "fired" and Bill Goldberg makes his debut by spearing The Rock.This was a slam packed show, folks, so take a listen!!!Timestamps:0:00:00 Eurasia: K-1, AJPW, NJPW, NOAH, World Japan, Zero-One, BJPW, DDT, WMF/Hayabusa, Michinoku Pro, Osaka Pro, PWC, Quiet Storm in K-Dojo, Toryumon, TAMA, GAEA, NEO Ladies, & All-Star1:04:25 Latin America: CMLL, IWRG, Monterrey, Tijuana, IWAPR, & WWC1:15:18 Other USA: NWA-TNA, 3PW, PWF, NWA Wildside, IWAMS, NWA Midwest, GSCW, & Portland1:41:11 Classic Commercial Break1:47:00 Halftime: Homicide retirement edition2:43:57 WWETo support the show and get access to exclusive rewards like special members-only monthly themed shows, go to our Patreon page at Patreon.com/BetweenTheSheets and become an ongoing Patron. Becoming a Between the Sheets Patron will also get you exclusive access to not only the monthly themed episode of Between the Sheets, but also access to our new mailbag segment, a Patron-only chat room on Slack, and anything else we do outside of the main shows!If you're looking for the best deal on a VPN service—short for Virtual Private Network, it helps you get around regional restrictions as well as browse the internet more securely—then Private Internet Access is what you've been looking for. Not only will using our link help support Between The Sheets, but you'll get a special discount, with prices as low as $1.98/month if you go with a 40 month subscription. With numerous great features and even a TV-specific Android app to make streaming easier, there is no better choice if you're looking to subscribe to WWE Network, AEW Plus, and other region-locked services.For the best in both current and classic indie wrestling streaming, make sure to check out IndependentWrestling.tv and use coupon code BTSPOD for a free 5 day trial! (You can also go directly to TinyURL.com/IWTVsheets to sign up that way.) If you convert to a paid subscriber, we get a kickback for referring you, allowing you to support both the show and the indie scene.You can also use code BTSPOD to save 25% on your first payment — whether paying month to month or annually — when you subscribe to Ultimate Classic Wrestling Network at ClassicWrestling.net!To subscribe, you can find us on iTunes, Google Play, and just about every other podcast app's directory, or you can also paste Feeds.FeedBurner.com/BTSheets into your favorite podcast app using whatever “add feed manually” option it has.Support this podcast at — https://redcircle.com/between-the-sheets/donationsAdvertising Inquiries: https://redcircle.com/brands

Kris and David are guestless as we discuss the week that was March 27-April 1, 2003. Topics of discussion include:Mirko Cro Cop destroying Bob Sapp in a K-1 fight and all of the fallout, including the potential ramifications for Sapp's popularity in Japan.Satoshi Kojima winning the "weakest" Champion Carnival in AJPW history.Jerry Jarrett and Vince Russo having issues in TNA.Nathan Jones and the reasons why WWE wouldn't let him wrestle on TV.John Cena starting to get the shove.Kurt Angle and Steve Austin putting their wellbeing on the line by working major matches at Wrestlemania.The story of the Miller Lite Catfight Girls at WrestleMania.The abject failure on every level that was Triple H going over Booker T at WrestleMania.The sheer insanity that was Hulk Hogan vs. Vince McMahon at Wrestlemania, plus all of the other major happenings from one of the best Manias ever.The Raw After Mania where Stone Cold gets "fired" and Bill Goldberg makes his debut by spearing The Rock.This was a slam packed show, folks, so take a listen!!!Timestamps:0:00:00 Eurasia: K-1, AJPW, NJPW, NOAH, World Japan, Zero-One, BJPW, DDT, WMF/Hayabusa, Michinoku Pro, Osaka Pro, PWC, Quiet Storm in K-Dojo, Toryumon, TAMA, GAEA, NEO Ladies, & All-Star1:04:25 Latin America: CMLL, IWRG, Monterrey, Tijuana, IWAPR, & WWC1:15:18 Other USA: NWA-TNA, 3PW, PWF, NWA Wildside, IWAMS, NWA Midwest, GSCW, & Portland1:41:11 Classic Commercial Break1:47:00 Halftime: Homicide retirement edition2:43:57 WWETo support the show and get access to exclusive rewards like special members-only monthly themed shows, go to our Patreon page at Patreon.com/BetweenTheSheets and become an ongoing Patron. Becoming a Between the Sheets Patron will also get you exclusive access to not only the monthly themed episode of Between the Sheets, but also access to our new mailbag segment, a Patron-only chat room on Slack, and anything else we do outside of the main shows!If you're looking for the best deal on a VPN service—short for Virtual Private Network, it helps you get around regional restrictions as well as browse the internet more securely—then Private Internet Access is what you've been looking for. Not only will using our link help support Between The Sheets, but you'll get a special discount, with prices as low as $1.98/month if you go with a 40 month subscription. With numerous great features and even a TV-specific Android app to make streaming easier, there is no better choice if you're looking to subscribe to WWE Network, AEW Plus, and other region-locked services.For the best in both current and classic indie wrestling streaming, make sure to check out IndependentWrestling.tv and use coupon code BTSPOD for a free 5 day trial! (You can also go directly to TinyURL.com/IWTVsheets to sign up that way.) If you convert to a paid subscriber, we get a kickback for referring you, allowing you to support both the show and the indie scene.You can also use code BTSPOD to save 25% on your first payment — whether paying month to month or annually — when you subscribe to Ultimate Classic Wrestling Network at ClassicWrestling.net!To subscribe, you can find us on iTunes, Google Play, and just about every other podcast app's directory, or you can also paste Feeds.FeedBurner.com/BTSheets into your favorite podcast app using whatever “add feed manually” option it has.Support this podcast at — https://redcircle.com/between-the-sheets/donationsAdvertising Inquiries: https://redcircle.com/brands

Entramos pra trend em busca de uma DR e conseguimos: várias. Aproveitamos o clima pra julgar os Doninhos também que vieram forte no nosso FAQ.

Bom dia, boa tarde e/ou boa noite! Desculpe pela bagunça, mas é com inexplicável estranheza que trazemos, para você aí de casa (ou astronauta), mais um episódio do pior podcast de todos os tempos. Dessa vez falamos simplesmente sobre as nossas complexas MANIAS. Sim, essas mesmos! De abrir a geladeira para ver se automaticamente a comida se renova lá dentro; de tentar ser mais rápido que uma privada; ou de então dormir com o seguranças que se chamam Alberto. Convidado de hoje: Vinícius Lameu (Youtuber dos gameplays mais bizarros da internet). DOAÇÕES: pix@xorume.com.br

Manias estranhas na hora de comer... e grandes revelações sobre pombos!

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Big Five Project returns for one of the most anticipated Episodes in its relatively young history as this week the guys (joined by the one and only DPP) tackle WrestleMania X. Having toiled through a deluge of subpar PPVs in 1993, The Big Five Project reaches a proverbial oasis in the desert as WrestleMania X is one of the best Manias of all-time. The 10th Anniversary of the Showcase of the Immortals featured not one, but two, of the greatest WrestleMania matches ever and this Episode contains watch alongs of both of those matches: Bret Hart v. Owen Hart and then Shawn Michaels v. Razor Ramon in a ladder match for the Intercontinental Championship! Also at WrestleMania X, we got "Macho Man" Randy Savage's final WrestleMania match, and the end of Yokozuna's reign as WWF Champion! So, we invite you to join us for a tremendous recap of WrestleMania X and one of the best Episodes of The Big Five Project so far!About the Chairshot Radio NetworkCreated in 2017, the Chairshot Radio Network presents you with the best in wrestling and wrestling crossover podcasts, including POD is WAR, Women's Wrestling Talk, Chairshot Radio daily editions, The #Miranda Show, Badlands' Wrestling Mount Rushmores, The Outsider's Edge, DWI Podcast, Bandwagon Nerds, the Greg DeMarco Show, 3 Man Weave, Five Rounds, Turnbuckle Talk, The Reaction, Attitude Of Aggression, and more! You can find these great shows each week at theChairshot.com and through our distribution partners, including podcasting's most popular platforms.Support this podcast at — https://redcircle.com/chairshot-radio-network/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Learn more about your ad choices. Visit megaphone.fm/adchoices

Como seria a sua vida se você fosse herdeiro e não precisasse se preocupar com dinheiro? Neste episódio, eu entro nessa brisa e também comento sobre as manias de pessoas 30+ anos. | Aqui tudo é assunto! Lorelay Fox é Drag Queen há quase 20 anos e, nesse loreverso, falamos sobre ETs, conselhos (ruins), dicas de maquiagem e assuntos cotidianos. Conteúdos extras e exclusivos você encontra em nosso Instagram @‌podcastparatudo. Aproveite para mandar suas reclamações, sugestões e pedidos de ajuda. Procure por Lorelay Fox no Instagram, YouTube e X (Twitter).

Como seria a sua vida se você fosse herdeiro e não precisasse se preocupar com dinheiro? Neste episódio, eu entro nessa brisa e também comento sobre as manias de pessoas 30+ anos. -

More homeless people have been created due to the housing supply crisis. Homelessness is up 11% since last year, per the WSJ. The opioid crisis, consumer inflation, and NIMBYism have contributed too. California has the most homelessness on both a total and per capita basis. States with higher housing costs have more homeless people. I share our poll results: “Should we pay to house the homeless?” Are you a NIMBY? We find out today. We can increase housing supply with rezoning, construction training, and lower mortgage rates. The cycle of investor emotions led to wild investing manias. It was tulip bulbs in the 1600s Netherlands and Beanie Babies in the 1990s United States.  I discuss exactly why “buy low, sell high” is more difficult than it sounds. Timestamps: The correlation between homelessness and the housing market [00:00:00] Discusses the relationship between the housing market and the increasing problem of homelessness in America. Investing manias and lessons from history [00:00:00] Explores the phenomenon of investing manias and the lessons that can be learned from historical examples. The tight inventory market conditions and potential solutions [00:04:56] Lawrence Yun, Chief Economist of the National Association of Realtors, discusses the tight housing market conditions and suggests tax incentives to increase housing supply. Timestamp 1 [00:10:32] Affordability of moving to different cities and the proposal of a tax incentive for real estate investors. Timestamp 2 [00:11:49] Discussion on the housing supply crisis, mortgage rates, and the homeless population in the US. Timestamp 3 [00:14:14] Increase in homelessness in America, reasons behind it, and the correlation between housing prices and homelessness rates. The impact of high density housing on quality of life and home value [00:21:12] Discussion on the potential negative effects of building high density housing near single family homes, including reduced home value, increased traffic and noise, and loss of nearby open space. Alternative solutions to increase housing supply and reduce homelessness [00:23:30] Exploration of alternative measures to address homelessness, such as trade training for the homeless and relaxing excessive safety requirements in home building. Giving real change to the homeless [00:25:50] Encouragement to give directly to homeless shelters or soup kitchens instead of giving small change to individuals on the street, with the concept of "give real change not small change" explained. Note: The timestamps provided are approximate and may vary slightly depending on the podcast episode. The Origins of Tulip Mania [00:31:37] Tulips were introduced to Europe in the 1500s and became a luxury item for the affluent. The cultivation of tulips locally in the Netherlands led to a flourishing business sector. The Tulip Bubble [00:32:55] By 1634, tulip mania had swept through the Netherlands, with the demand for tulip bulbs exceeding supply. Prices reached exorbitant levels, and futures contracts were being bought and sold. Lessons from Tulip Mania [00:37:53] Tulip mania serves as a model for financial bubbles, with similar cycles observed in other speculative assets like beanie babies, baseball cards, NFTs, and stocks. It highlights the dangers of excess, greed, and speculation without tangible value. The cycle of investor emotions [00:44:32] Explanation of the different stages of investor emotions, from optimism to panic, in relation to stock market investing. The peak of the stock market [00:46:43] Discussion on the peak of the stock market being the point of maximum financial risk and the difficulty of selling at the right time. Real estate as a stable investment [00:51:56] Comparison of real estate investment to speculative bubbles, highlighting the stability and income stream provided by real estate. Explains how the integration of HOA (Homeowners Association) helps maintain uniformity and cleanliness in the rental property investing world. Details about the upcoming real estate event [00:38:31] Promotion of a live event where listeners can learn about new construction fourplexes and have their questions answered in real time. Resources mentioned: Show Notes: www.GetRichEducation.com/463 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY' to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Welcome to Get Rich Education. I'm your host, Keith Weinhold. America's homeless problem has become FRIGHTENING. I describe how that correlates… with the housing market.  Then, investing MANIAS. What drives people to spend more for one tulip flower bulb than they would for an entire luxury home?    And lessons you can learn that'll benefit you the rest of your life from other manias throughout history. All today, on Get Rich Education.   ___________   Welcome to GRE! From Seaford, DE to Carmel-by-the-Sea, CA and across 188 nations worldwide, you're listening to one of America's longest-running and most listened to shows on real estate investing. Along with plenty of ongoing hot takes on wealth mindset and the real estate economy.    I'm your host, Keith Weinhold.    See, the crash in the SUPPLY of available American homes is bad and it isn't just creating more upward prices, it's a contributor to homelessness.    Let's talk about some of the drivers of homelessness, understand the problem a little more, how many homeless people ARE there in America, and then… what can we do about it?   As you'll soon see, one prominent real estate industry influencer actually suggests that you actually SELL your rental single family homes in order to help serve the homeless. More on that shortly.    Also, I have the results from a GRE Instagram Poll. The poll question is: “Should we pay to HOUSE the homeless?”    And the answers that you - the GRE listeners gave… actually surprised me. I'll give you those super-interesting poll results later, because I have more to explain there.   But first, what IS a homeless person? Let's define it. I think most anyone knows that since it's a person without a home, it's thought of as living on the street.   Really, then, that person might not be homeless but “houseless” in a literal sense. Even if they live in a tent under a bridge, that is then, their home. Though it might be INADEQUATE housing.   More accurately, the unsheltered or undersheltered population could be more apropos.     Then there's vagrancy. A vagrant is defined as a person without a settled home OR regular work… who wanders from place to place and lives by begging.   So vagrants are PART of the homeless population then. This all helps DEFINE what we're discussing.   Now, the lack of available American housing supply - especially the affordable segment - is OBVIOUSLY a big contributor to homelessness.   For example, anymore, how many builders even construct a new-build entry-level home for $200 or 250K? Practically nobody… anywhere.   And just how bad is the supply problem now? Well, the NAR has been tracking housing supply since 1982 and it just hit its lowest level ever this summer - EVER - and that's in 40+ years of tracking.    That's one reason why just last week, it was announced that Warren Buffett is making a big bet on housing by investing in homebuilders.   Now to keep consistent with the same stats I've been reporting to you for you, to update that, again 1-and-a-half million available homes is the baseline supply. That's the long-term “normal” per the FRED Active listing count.   And through last month, it's still under 650,000. That is STILL a housing SUPPLY crash of 57% from its peak of 1 ½ million.   I want you & I to listen to this upcoming piece together. This recent interview with NAR Chief Economist Lawrence Yun is from the 8th of this month.   Yes, HE is the one that basically wants you to sell your SF rental properties. And he makes his case for an inducement to get you to do this. (Ha!)   He's not proposing anything COMPLETELY ludicrous. It's REALLY interesting. Listen closely for that.   This about 5 minutes in length and there's a lot of material here within this clip - a nutrient dense piece, so I've got SO much to say about this when I come back to comment.    [Yun clip]    Yeah, the NAR Chief Economist there talking about how, much like I have for years, great opportunity is in the Midwest and Southeastern parts of the US.    With this greater ability for people to work from anywhere, when people move in from the pricy coasts, it's sooo affordable to them.   Moving from Manhattan to Cincinnati feels incredibly affordable.  Moving from San Francisco to St. Louis feels like you've upgraded from serfdom to a kingdom. Moving from Boston to Jacksonville feels like a total life makeover.   That's why, here at GRE, we're focused on properties in those INbound destinations.    Before I continue, especially for those outside the US, I know that it seems a little odd that Ohio and Indiana are in what we call the Midwest when they're actually in the northeastern quadrant of the nation.   But the fact that they ARE midwestern states is rooted in history and in cultural tradition.   So, getting back some new angles on the housing supply crisis.   Lawrence Yun proposed that a tax incentive be introduced to unleash the inventory of SF rentals from individual REIs.    And says that there are over 20 million single-family housing units that are rented out.    If we reduced or canceled the capital gains tax & just got 1% of that inventory on the market, he states that that would help.   Well, yeah, but even that then would only put about 200,000 units of the market - and they'd get snatched up so fast.   Now, if mortgage rates come down to say, 5%, it would unleash both housing demand AND supply.    Both - like Lawrence Yun says. So it's not apparent that that would help this shortage, if both demand and supply go up.   In a nation of about one-third of a BILLION people now - that's how I like to express it this year - America now has one-third of a billion people… also known as 333 million - how many do you think are classified as homeless?   As you think about that - as you think about how many of America's 333 million Americans are homeless, this homeless population figure that I'm about to share with you is from HUD and it's through last year, so it's their latest year-end figure.    And I'll tell ya, it's hard to believe this number. The Department of Housing and Urban Development states that about 582,000 Americans are experiencing homelessness.   Now, how HUD does this is that their number is a snapshot of the homeless population as of a single night at the end of January each year.    The total number of people who experience homelessness for SOME PERIOD each year will be higher than that.   I just did the math and then that means that just 1 in every 572 Americans are homeless. C'mon. Do you believe that? Only one in every 572 Americans are homeless?   I might believe that it's something like more than 1 in 200. What are your thoughts?   Even HUD would probably concede that there are shortcomings in that stat and that it's only a starting point.   And over the last decade, according to HUD, the homeless population is little changed… apparently until just this past year.   Homelessness is surging in America. The number of people experiencing homelessness in the US has increased 11% so far this year over 2022. That would be the biggest jump by far in equivalent government records beginning in 2007.   Now this 11% homeless jump is according to a WSJ analysis of hundreds of smaller & local agencies.    Most  agencies say the alarming rise is because of the lack of affordable housing and rental units, and the ongoing opioid crisis.   Inflation is part of that affordable housing problem. Inflation widens the disparity between the haves and have-nots.   To cut some slack to census-type of surveying, homelessness can be hard to measure. Some live on skid row, some live in the woods, some homeless people live in their cars.    Some aren't interested in being counted. Others are essentially invisible. I mean, if someone's between jobs and needs to couch surf at their aunt and uncle's place for three months, are they homeless or not? So, to be sure, there's a lot of leeway in those numbers.   One in 572 as homeless - that should just be a minimum - a starting point in my opinion.   Now, homelessness broken down by STATE is really interesting.   California at 171,000, has the most of any state, more than double of next-most New York, and then Florida is third.   But let's break that down by rate - on a per capita basis. So… think of this as the highest CONCENTRATION of homeless:   Washington DC has 65 homeless per 10,000 people. That's not really a state though, so…   #1 on a per capita basis is STILL California, with 44 per 10,000. So California leads in the nation in homeless on both bases then - both absolute and relative.   The second highest rate is Vermont.  Third Oregon Fourth Hawaii Fifth is New York And then numbers 6 through 10 on the most homeless per capita are Washington, Maine, Alaska, Nevada, and Delaware.   Now, strictly anecdotally. You've probably seen just what I've seen in the last year-plus - more visible homeless people in your city and other cities.   The state with the FEWEST homeless of all 50 states is Mississippi - and see, housing is quite affordable there. MS is one of the most affordable states for housing.    There is at least SOME correlation between your cost of housing and homelessness.   Recently on our Instagram page, and the handle there is easy to remember - it's @getricheducation - if you want to participate in future polls, we ran a poll on homelessness.   Here is the poll question that we ran - and I'd like you to think about your answer to this too.   “Should we pay to house the homeless?”    That's the question.    And in polling, the way that the question is phrased, of course, can skew your answer.    See, if instead, we phrased it as, “Should the government house the homeless?” you might have more ‘yes' answers - even though it's the same question - because you FUND the government.    But the question as we phrased it: “Should we pay to house the homeless?” - it also showed a photo of vagrants on a street curb under the question.   Here we the results, which surprised me, to:  Should we pay to house the homeless?   Those answering “Yes” were just 6% The no's were 45% But we also had a third option: “It's complicated”. 48% answered with that option.   So again, just 6% of you said we should pay to house the homeless and 45% said “no”. “48% said it's complicated”.   In a way, that makes sense to me since we have a largely entrepreneurial, self-made type of audience. I thought that might have happened.   But what surprised me is in how emphatic it was. It was a landslide. 7 to 8 TIMES as many of you said we should not pay for the homeless as those that said we should.   Well, the reason that I added - and I'm the one that ran the poll myself - they're quick to do. I added the paying to house the homeless “It's complicated” option because it IS complicated… that WAS the most popular answer.   I mean, why should you go to work and pay to house a stranger that has no income because he or she doesn't want to work?   But what if they're disabled and they can kinda work but not really work… or a zillion other complications.    Substance abuse is obviously a big problem that keeps homeless people homeless… and there's a substantial thought paradigm that says, if they're an abuser, then why would I pay for THEIR housing?   Substance abuse is just one reason that there is a population that's VOLUNTARILY homeless. They don't want to have to comply with a group home's ban on substances.    I wanted to address the homeless problem somewhat today, because here we are on Episode 463 of a real estate show and this is the most that we've even discussed it.   I think the perspective it gives you is that it helps you be grateful for what you've got.    But it's abundance mentality here. You can be grateful for what you have and at the same time, grow your means.   What else would help with more housing supply which would also move us toward mitigating the homeless problem?   Well, we've already discussed a number of them so I'll only go in depth with some fresh angles here.   Obviously, more homebuilding. We've done episodes on how 3D printed homes and shipping container homes are not quick, easy answers. Tiny homes might be but then you could get into a zoning density problem again.   Just last week, my assistant brought me this Marketwatch article that reported that the average American home size is shrinking just a little & that often times, new-build houses tend to be a little closer together.   That's what gets us into relaxing zoning requirements. But you know something, OK, this is going to be interesting.    This plays into NIMBYism. Not In My Backyard: communities saying that they don't want high-density housing built next to them.    Now, I think that there are a lot of critics of NIMBYism. But the criticism comes from people that live far out of that area and aren't affected.   Let me just play a fun little experiment with you here. Let me paint a picture of a fictitious life for you and just… place yourself there.   Say that you live in a nice single-family home, with a quarter acre lot. It's not a sprawling estate but you've got a good measure of privacy that way.   You're in a SFH, quarter-acre lot and two car garage. That is classic suburbia.   And… just a hundred yards away from your home there's a big, wide-open field where you walk your dog and use as a little makeshift golf driving range or whatever. Nice open space nearby.   Say you've got a fairly idyllic life here. It's always been this way since you bought the home years ago.   Suddenly, in your neighborhood of all SFHs, you learn that they want to build a bunch of fourplexes in the nearby lot where you used to throw tennis balls to your dog.   What can that do to your quality of life & your home's value, now that a bunch of new fourplexes and eightplexes were built nearby?   It reduces your home's value because there are less valuable, high density properties nearby.   It also increases the amount of traffic & even noise in your neighborhood. Now you can't use that nearby park anymore - it's been all-built up with these higher-density apartments.   So, let me go back and ask - point blank - did you really want all those new high-density developments near your home?   If that made you uncomfortable, that's NIMBYism. So it's quite natural to evoke that feeling type. You're just a human being.   How else can we increase housing supply to help reduce homelessness?   NOT with rent control. Over time, capping the amount of rent that a LL can charge gives property owners no incentive to improve their property and neighborhoods end up dilapidated.   We need more training for tradesman and laborers. How about training the homeless for that? But then someone's got to pay for that training.   Another measure that's become ridiculous is that we've gotta relax these excessive safety requirements in homebuilding. Now, some safety is good.   But when every single home - entry-level and all needs to have fire-rated shingles and fired-rated doors and GFCI outlets and smoke detectors in every room and carbon monoxide detectors all over the place, sheesh! Well, that raises the cost of housing for everyone.   In some earthquake-prone areas, you've got to have seismic restraining straps on your water heater or you can't even sell your home. Do you know how big of an earthquake it would take to damage your water heater like that?   And an excessive safety PROPONENT might say, yeah, but did you hear about that one family that died ten years ago that would have lived if they had carbon monoxide detectors?   Well, the counterargument to that is, yeah, but what about all the homeless people that were exposed to the elements and died in the cold because they couldn't AFFORD the more basic housing, the prices of which have escalated for all this excessive safety stuff.   Are you saying a middle class person's life is worth more than a poor, homeless person's life? That's the counterargument.    Again, some safety is good. But we've gone overboard in too many places - in housing & beyond.   Rising housing costs keep people homeless. A few weeks ago, I did that episode about escalating insurance costs.   I now own some properties that have extremely low mortgage rates and the insurance has gone up to the point where I pay more in monthly escrow expenses than I do principal & interest.    But, hey. I'm not homeless, and if you're listening to this, neither are you.   So when it comes to helping the homeless in the short-term, that campaign called, “Give real change, not small change.” - that really resonates with me.   Don't give 5 bucks to a vagrant on the corner. That just keeps them showing up at that corner, plus they're going to spend your 5 bucks on a cheap bottle of Monarch vodka.   Instead, if you're going to give, give to a homeless shelter or soup kitchen.    That's what's meant by “Give real change, not small change.” And that's something actionable.   Coming up next, investing MANIAS. How wild it gets - paying more for a tulip flower than a SFH, shooting and killing someone over a Beanie Baby toy… and then I'm going to wrap it all up with what all this has to do with the cycle of your investor emotions.   Around here, we don't run ads for the Swiffer. This week's sponsors that support the show are people that I've personally done real estate business with myself and have benefited from.    Ridge Lending Group specializes in INVESTMENT property loans in nearly all 50 states. Start your prequalification at: RidgeLendingGroup.com    Then, for super-passive real estate returns, check out Freedom Family Investments. Right now, what you can do, is just text “FAMILY” to 66866.   I'm Keith Weinhold. You're listening to Get Rich Education. ___________ Welcome back to the GRE Podcast. I'm your host and my name is Keith Weinhold.    If you've got a friend or family member that you think would benefit from the knowledge drops here on the show, you can simply tell them to grab the free Get Rich Education mobile app.   That's a convenient option for listening every week for both iOS and Android.   Today's topics of homelessness and investing manias could very well bring a new audience here, so…    A little more about my backstory. I'm from PA but got my real estate comeuppance in Anchorage, Alaska of all places & grew out nationally & internationally from there. I had humble beginnings and wasn't born anywhere near wealthy. I had to figure out how to build it myself.   But see, if I were born wealthy, I wouldn't have learned how to build it, and then I wouldn't be of much help to you. Likewise, if you're building it yourself, you'll be able to help others too.   BTW, I was born in the same PA town as Taylor Swift.    Though she & I don't have much ELSE in common, I guess that she & I are both best-known for using a microphone.   Though I think that I'm about as likely to start using this microphone to sing into your ears like Taylor Swift does… as Taylor is to launch a real estate investing show.   For hundreds of years, the tulip has been one of the most-loved flowers in the Netherlands. It's an enduring icon - as synonymous with the country as clogs, windmills, bicycles, and cheese. The tulip has a long and storied history - including the infamous shortage in the 1600s known as “tulip mania”. If you're someone that has even a fleeting interest in investing, you should at least know what this is.   Tulips first appeared in Europe in the 1500s, arriving from the spice trading routes… and that lent this sense of exoticism to these imported flowers that looked like no other flower native to the continent. It's no surprise, then, that tulips became a luxury item destined for the gardens of the affluent.  According to The Library of Economics and Liberty, “it was deemed a proof of bad taste in any man of fortune to be without a collection of [tulips].” Hmmm. Well, following the affluent, the merchant MIDDLE classes of Dutch society sought to emulate their wealthier neighbors and also demanded tulips. So to start out with, it was purchased as a status symbol for the sole reason that it was expensive. But at the same time, tulips were known to be notoriously fragile, and would die without careful cultivation. In the early 1600s, professional cultivators of tulips began to refine techniques to grow and produce the flowers locally in the Netherlands. They established a flourishing business sector that persists to this day. By 1634, tulipmania swept through the Netherlands. The Library of Economics and Liberty writes, “The rage among the Dutch to possess tulip bulbs was so great that the ORDINARY INDUSTRY of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade. Now, everyone's in - rich to poor. It's a little hard to say for sure how much people paid for tulips.  But Scottish journalist Charles Mackay, wrote an extremely popular 1841 book - you've probably heard of this book - it's called the Memoirs of Extraordinary Popular Delusions and the Madness of Crowds… It does give us some points of reference such that the best of tulips cost upwards of $1 million in today's money (but a lot of bulbs traded in the $50,000–$150,000 range).  By 1636, the demand for the tulip trade was so large that regular markets for their sale - like a little Dow Jones Industrial Average - got established on the Stock Exchange of Amsterdam, in Rotterdam, Haarlem, and other towns. It was at that time that PROFESSIONAL TRADERS got in on the action - that's all that some people do now - is trade tulips… and everybody appeared to be making money simply by possessing some of these rare bulbs.  Dutch speculators at the time spent incredible amounts of money on bulbs that only produced flowers for a Week—many companies were formed with the SOLE PURPOSE of trading tulips.  To everyone, at the time, it seemed that the price could only go up forever. Pretty soon, demand for tulips EXCEEDED THE AVAILABLE SUPPLY of tulips by so much that people were into buying futures contracts, basically saying, I'll pay you this much money TODAY for a tulip that you provide to me in 3 years. By the last 1630s, these futures contracts were like a crack that appeared in the price runup. Demand began to wane when people were just buying a token for a future tulip that hadn't even started growing yet.  People felt like they weren't buying anything tangible anymore. That's one factor that helped create an oversupply of tulips in the market and started depressing the prices. Supply caught up with - and exceeded - demand. A large part of this rapid decline was driven by the fact that people had purchased bulbs on credit, hoping to repay their loans when they sold their bulbs for a profit. But once prices started to drop, holders were forced to sell their bulbs at any price and to declare bankruptcy in the process. So people had begun buying tulips with leverage, using margined derivatives contracts to buy more than they could afford. But as quickly as the run-up began, confidence was dashed. By the end of 1637 is when prices began to fall and never recovered.   And the bubble burst. Buyers announced that they could not pay the high price previously agreed upon for bulbs, and that made the market fall apart.  While it wasn't actually a devastating occurrence for the entire nation's economy, it did undermine social expectations. The event destroyed relationships built on trust and people's willingness and ability to pay. It's been said that “the wealthiest merchants to the poorest chimney sweeps jumped into the tulip fray, buying bulbs at high prices and selling them for even more.” Well, this is what can happen - today it happens with financialization and nothing real backing up purchases. Tulipmania is a model for the general cycle of a financial bubble. That's what happened with Dutch tulips. Now, here in more recent times, similar cycles have been observed in the price of Beanie Babies, baseball cards - I got caught up in the baseball cards as a kid, owning more than 100,000 baseball cards at one time, also non-fungible tokens (NFTs), and shipping stocks.       The example of tulipmania is now used as a parable for other speculative assets, such as cryptocurrencies today or dotcom stocks from around the year 2000. So, when you hear someone likening an investment to a Dutch tulip bulb, now you'll know what they're talking about. It's a symbol of excess, greed, and FOMO. But there has been a good bit of more modern scholarship that tells you that tulip mania did indeed occur in the 1600s Netherlands. But that the tale has been exaggerated and it's something that the upper classes of society were mostly involved in. Now, that's the Dutch tulip bubble. But for a more modern-day parable about an investing mania, there's a new movie about the rise & fall of BEANIE BABIES that's on Apple TV+. These were little stuffed, plush toy animals that became more popular among adults than children. The rise and fall of Beanie Babies—toys that people mistakenly thought would make them rich. The movie is called “The Beanie Bubble”.  It's a MOSTLY TRUE account of the lovable toys' boom and bust in the '90s -  comparable to the meme stock frenzies that took place during the Covid-19 pandemic. These $5 pellet-stuffed plush toys had astronomical appreciation estimates: Stripes the Tiger, released in 1996, was predicted by collectors to surge from $5 to $1,000 by 2008.  Forecasts like these were so enticing that one dad invested his kids' college funds in Beanie Babies, thinking he'd resell them later for a hefty profit. At the height of the frenzy, people were ruining relationships and committing felonies to get their hands on some of these sacks of fuzz. Border officials confiscated more than 8,000 smuggled Beanie Babies at a US–Canada border crossing in 1998. A West Virginia man shot and killed a former coworker in 1999 after an argument partly about $150 worth of Beanie Babies. That same year, a divorcing couple couldn't agree on how to split up their collection, so the judge made them divvy up the toys in person, right on the courtroom floor. How did that all happen? Barely anyone cared about Beanie Babies when a company called Ty Inc. launched them in 1994. Stores only got lines out the door once the toy's creator, now-billionaire Ty Warner, began pulling strings to juice demand. Here's what Warner did. OK, so here's how you induce people into a speculative bubble. He refused to stock Beanie Babies at Toys R Us and Walmart. Instead he created an illusion of rarity by only selling them at small toy stores and independent shops. Even if you did find a retailer, every store's supply of Beanie Babies was limited to 36 of each animal, so inventory restocks drew a crowd. This, combined with Warner's decision to start “retiring” certain animals in 1995, created artificial scarcity and a mass panic to stock up on Beanie Babies.  Soon, an aggressive resale market was born, replete with magazines and blogs and even trade shows for these Beanie Babies. One woman's guide to the secondary Beanie Babies market got so popular that she was selling 650,000 copies per month and, on many days, she did two or three radio interviews before her kids woke up for school. Ty Inc. later gave her an award for boosting sales. At Peak Beanie mania, Ty Inc. and legions of speculators actually made hordes of money: The stuffed animals accounted for 6% of eBay's sitewide sales in 1997 and 10% in 1998. Beanies averaged a resale value of $30—six times their retail price—but rare ones, like the Princess Diana bear, went for hundreds or thousands of dollars (and now you can find one online for $15 bucks). Ty Inc. hit $1.4 billion in sales in 1998, which is what Mattel grossed in Barbie dolls in 1995. At the end of the year, Ty Warner gave all ~250 employees holiday bonuses equal to their annual salaries. But most regular people didn't sell their Beanie Babies at their peak price. And unfortunately for them, the hype subsided. Anticipating a drop in interest as more kids reached for Pokémon and Furbies, Ty Inc. announced it would stop making Beanie Babies at the end of 1999, and that poked a hole in collectors' this-will-never-not-be-popular mentality and that sent demand plummeting. There were no underlying fundamentals to Beanie Babies' value. That's all that I've got on that speculative craze.   So let's review how this happened with both speculative crazes - Dutch tulips and Beanie Babies: Investors lose track of rational expectations. Psychological biases lead to a massive upswing in the price of an asset or a sector. A positive-feedback cycle keeps inflating prices. And soon, investors realize that they are holding an irrationally-priced asset. Prices collapse due to a massive sell-off, and an overwhelming majority go bankrupt. Now, much stock market investing is based off of buy low and sell high mentality. And stock investors can get caught up in similar crazes.    But because many stocks are tied to productive companies, the stock investor deals with smaller bubbles. A lot of times, the stock price can double, triple, or even 10X even though that company is not even profitable. Buy low & sell high. Well, that sounds easy. But why is this harder to do than it sounds? It's called the cycle of investor emotions.   It starts here with… optimism. Because you HEAR about 10% stock returns or people making money with Dutch tulips or Beanie babies.    Let's say that you aren't fully invested in the stock market. But some friends are, and they're achieving small gains.   Then comes excitement. The market is now up some more. Hey, what's in motion tends to stay in motion.   More friends are telling you how much money they're "making".    You're soon experiencing a full-blown case of FOMO—Fear Of Missing Out.   The next stage is the Thrill you feel. So you jump into the stock market fully, rationalizing with something like, "Hey, I'm a momentum investor". Sounds pretty good, I guess.   Now that you're in, it actually feels fantastic to you for a short time. You figure that some days, you're making more from stocks than your job. Winning activates dopamine.    Dopamine is a brain chemical that's known as the “feel-good” hormone. It gives you a sense of pleasure. It also gives you the motivation to DO SOMETHING when you're feeling the pleasure.    So then, you add MORE shares… at an elevated price until you are FULLY invested. Now everyone is "making money", even your Uber driver.   The next stage is Euphoria - The peak! As you can see, this is the Point of Maximum Financial Risk.    OK, now, remember the simplicity of “buy low, sell high”?   Well then, savvy stock investors should now be SELLING here in my example - at the HEIGHT.   Now be “selling”? Leaving the party at its crescendo? Stopping the dopamine flow? Yes, exactly… and THAT'S why it's so difficult.    What happens after the stock market peak? Overbought, with bloated price-to-earnings ratios, the market soon drops 10% from its recent high.    That's what's known as a correction - a drop of 10% or more. Now you feel a little ANXIETY. Your dopamine flow is stifled.   Next, you tell yourself, "I shouldn't be worried because I'm a long-term investor." It's down 15%. You're experiencing DENIAL & FEAR.   Now you're checking the Robinhood app almost hourly to see if it will recover.   Next, comes Desperation & Panic - Stocks are down 20%, that's the definition of a bear market. You're devoting more mindshare to this each day than what's healthy.   Then there's Capitulation - Down 30%, you finally surrender to a FEAR of FURTHER LOSS. You're getting so sick of months of losing. You finally do it and cash out your stocks into a safe money market fund. Now you're out.   And you rationalize and justify doing this because you tell yourself, "You know, at least when I wake up tomorrow, I'll know that I haven't lost money AGAIN. And THAT gives me certainty.”    The next stage in the Cycle of Investor Emotions is Despondency - You realize that what you've done is the polar opposite of successful investing. It's complete. You've now bought high… and then sold low.    Next, stocks completely bottom out. But this is actually the Point of Maximum Financial Opportunity. Instead, you should be buying.   But you can't. Because you're experiencing the next investor stage - Depression. You're so full of contempt for the situation that the idea of actually buying at bargain-basement levels again is simply inconceivable. You've been burnt badly.   Then, there's Hope & Relief - The market has begun ticking up after the crash. It soon should be clear that share prices are FAIRLY VALUED again.    But you don't buy the recovery story. You wait until enough price growth occurs that the confidence and Optimism stage is felt again before you'll even consider getting back in and buying.   And the entire pattern repeats.   That's the “cycle of investor emotions”. There's an average of 3-and-a-half years between each stock bear market, BTW.   Of course, we've been kind to call this all “investing”. It's more like speculating.   But here's the real problem—most investors THINK they're better than average stock pickers, so they keep playing this game. This effect has a name. It's called illusory superiority.   It's like how at least 70% of people think they're better than average drivers, despite the statistical impossibility.   Even professional money managers fall prey to this! Fewer than 10% of active U.S. stock funds manage to beat THEIR benchmarks.   The renowned British economist and value investor Benjamin Graham once said: "The investor's chief problem—even his worst enemy—is likely to be HIMSELF." Well, as real estate investors, we largely SIDESTEP the cycle of investor emotions for two main reasons.   Returns are more stable.   Real estate, we sidestep this emotional roller coaster. Not only do we have stable prices, but appreciation is one of just 5 ways that you're simultaneously paid.   RE also has monthly income. Dutch tulips or Beanie Babies don't pay you a durable monthly income stream. They don't provide an income stream at all.   And finally, RE is a REAL asset that fulfills a REAL human need.   I hope that you enjoyed this journey through speculative bubbles today and how they play into human psychology and investor emotions.   Go ahead and tell a friend about Get Rich Education.   If you've got a friend or family member that you think would benefit from the knowledge drops here on the show, you can simply tell them to grab the free Get Rich Education mobile app.   That's a convenient option for listening every week for both iOS and Android.   My name's Keith Weinhold and I'll be back with you right here… next week. Don't Quit Your Daydream!

Joining Sharon on Here's Where It Gets Interesting today is author Kate Summerscale. She recently wrote The Book of Phobias & Manias, which highlights the history of our fears and obsessions. How come so many of us find dolls and clowns unnerving? Why do we react with a shriek when we see a mouse skitter across the kitchen floor? And what super famous American entrepreneur suffered from koumpounophobia... the fear of buttons? Hosted on Acast. See acast.com/privacy for more information.