Round Table Square Traders: Why Don't Economists Trade? (Ft. Eric Mason & Erik Smolinski)
In this latest installment of Round Table, Square Traders, Eric Smolinski of esInvests finally gets an answer to his question, why don't economists actively trade the markets... Eric Mason also fielded some questions from our discord, from explaining the difference between Keynesian and Austrian schools of thought, some of the nuance of CPI data and why the markets move differently than the economy.
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2 Bulls in a China Shop: Recorded on 03/28/23
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About Eric (soft cah):
Eric is a practicing labor economist, who currently works as a chief financial officer for the city of Quincy, Ma. His area of research focuses primarily on small business and macroeconomics trends. Eric has a special interest in historical economics, cliometrics and steers clear of ideological hardlines, preferring to use empirical analysis in his appearances.
About Erik (hard K):
Erik is a lifelong investor and self-made millionaire looking to share how others can achieve the same. He is hoping to share his experience with active and veteran military members to expose them to opportunities.
He came from a single parent low-income household, worked odd jobs as a kid, and began investing in high school. Erik wasn't going to attend college and planned to enlist in the Marines, but a mentor directed him to apply for a scholarship (which he earned). While he pursued his undergrad, he dug deeper into investing and trading - finding derivatives which he primarily trades. He completed over 6 years of active duty before transitioning to the reserves, earning an MBA during his last year. Erik then spread into real estate and angel investing as his means grew, to accelerate capital growth.
Episode Links:
Cards Against Humanity Black Friday
Eric's Boeing Data
Shoe Leather Tax
Guest Links:
theinformaleconomist.com - Eric Mason's Website
esInvests YouTube Channel - Erik Smolinski's YouTube
esInvests Website - Erik Smolinski's Website
Social Links:
Follow Eric Mason on LinkedIn
Follow Erik Smolinski on Twitter
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