What is a business worth? Gerry is seeing an amount of increasing cases where the whole is less than the sum of its balance sheet.

ETFs started out as  a way to facilitate passive investing, but they have gotten more and more specialized over the years. By definition, there has been a bit of a style drift.

If dividends are so great, why doesn't Amazon declare them? Gerry and Doug talk about the (relatively)  recent de-emphasis of inflation.

First, Doug and Gerry address the obvious big issue of the day.  Then go into the issue of a few big companies, their outsized effect on the indices and the prospects for that to continue into the future.

Doug's recent reading selection leads him to the profound (which is obvious to most people) conclusion that not all books are edifying.

But, Ship of Dreams is one of the good ones.

[Sorry for the poor audio this episode. Our levels where off and we are adjusting to our new studio].

Gerry discusses the features and bugs of investing in private companies versus public companies.

Gerry and Doug talk about an article in The Free Press about men leaving the dating pool and what this could mean for all of us.

Gerry and Doug peruse the headlines...which basically just turns into a discussion about the UAW strike and a mild rant about rich power being obsessed with (allegedly) elite colleges. 

Some things never change. Some do. Successful investing requires us to recognize the difference between the two.

Doug complains about his checking account balance needing constant monitoring, which Gerry uses to springboard into a conversation about George Gilder's  concept of time as it relates to inflation.

Find George on Amazon here.