Transcript preview
Preview only
Wouldn't it be great to manage your portfolio on one platform? Well, now you can trade all in one place on Robinhood. That means you can trade individual stocks and ETFs and also buy and sell crypto using seriously powerful and intuitive tools at one of the lowest costs on average without needing to manage multiple apps. Robinhood makes withdrawing and depositing crypto seamless. Send crypto to your Robinhood account or send crypto from your Robinhood account to other wallets without deposit or withdrawal fees from Robinhood. Trade all in one place. Get started now on Robinhood. Trading crypto
I think we're live. This is Value After Hours. I'm Tobias Carlisle, joined as always by my cohost, Jake Taylor. Our special guest today is Ethan a Everett. He is the author of a new book called The Investment Philosophers, Financial Lessons from the Great Thinkers. He's an investment analyst with GGS. Ethan, welcome to the show.
Tobias, thank you so much for having me. Jake, nice to speak with you as well. Big fan of the podcast and of your writing as well, and really excited to have some interesting dialogue about both the book and wherever our conversation takes us.
Well, let's start with the book. Let's start very high level. Give us an overview of what the book is about.
So for me, the book is a passion project because I have always loved connecting different fields with investing. I would say what first got me interested in investing when I was say 12 or 13 years old was when I learned about the stock market it felt a lot like chess to me. Now it wasn't exactly like chess, but I felt like there were a lot of connections and I was a huge chess player and that really really intrigued me. So throughout my life I've really been looking around for different paradigms that could kind of help me learn more about investing, and you know there's a lot of great stuff o
So was Plato, like, a a growth or value guy?
No. But so so I should say, I start with Spinoza in Amsterdam in the sixteen hundred's because the first modern public company is the Dutch East India companies where I start, and they actually started the first stock exchange in order to facilitate the trading of their own shares. So it was Plato that that's a great question. I I don't have an answer for that. But, you know, listen, at the end of the day, I I I I think that I think I think he's value. I think he's value. I think he's value.
Tell us a little bit about Baruch Spinoza and irrational emotions, how how they explain the stock market.
Fantastic, yes. So Burke Spinoza is a really interesting thinker. He, just to give a tiny bit of background, he's born into the Jewish community in Amsterdam and this is in the mid six or early to mid sixteen hundreds. And he ends up saying some things that the Jewish community wasn't too happy about, like, you know, God equals nature and the Bible was written by people. Anyway he ends up getting excommunicated, so nobody really wants anything to do with him. So he starts writing stuff that nobody else really is willing to say. And one of the things he talks about is that fundamentally humans
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.