Is AI a Mistake? (EP. 452)

Today's Animal Spirits is brought to you by YCharts. One of the harder parts of portfolio analysis right now is alternatives. Private equity, private credit, and real assets are showing up more often in portfolios, but they don't behave like public markets. And yet, a lot of advisors still end up relying on public market proxies, static PDFs, or offline spreadsheets just to explain what's going on. The good news is YCharts has you covered here.

YCharts now supports private markets with new Hamilton-Lane benchmarks so advisors can analyze alternatives right alongside equities, ETFs, mutual funds, and fixed income, using benchmarks built specifically for private investments. That makes it easier to put private markets in proper context, run more consistent analysis, and have clearer conversations with clients. If you want to take a closer look, you can learn more at ycharts.com and get 20% off your initial YCharts professional subscription, new customers only. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they are reading, writing, and watching.

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Ridholtz Wealth Management. This podcast is for informational purposes only and should not be relied upon for any investment decisions. Clients of Ridholdt's wealth management may maintain positions in the securities discussed in this podcast welcome to Animal Spirits with Michael and Ben. I am recording this in a hotel room without a chair.

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