Mike Bird
speaker
74 appearances
1 recordings
1 series
first heard Jun 2019
last heard Jun 2019
Mike Bird’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Millennials vs. Baby Boomers: The Investment Challenge · 7 Jun 2019
podcast
where the millennials are a very large generation, the biggest generation in American history.
And you're going to see a fairly quick shift with economic conditions now somewhat stronger than they have been in a number of years, very low unemployment, where you start to see millennial priorities really come to the fore quite quickly.
And we've seen that with some of the companies that have listed relatively recently.
Absolutely.
No, I mean, that's a major thing.
I mean, it may well turn out to be that, you know, so there are companies doing things.
I think we're going to talk about artificial meat.
There's a play there that is extremely expensive for investors.
You know, the earnings aren't there yet.
And it's based on the presumption of where consumer demand is going to go, that it's going to shift that the ethical desires of the younger generations.
Absolutely.
It listed in May.
It's very heavily priced now.
It's fascinating because it's now one of the most shorted companies in the US.
The cost of shorting is extremely high, which suggests there's really high demand to short it.
So there's this huge disagreement between investors of whether this thing represents the future of how people eat or not.
There are some people who are evangelists for it, saying it tastes almost like meat.
This is going to be a huge wave of the future type thing.
And some people are just massively skeptical.
And I think that gets right to the middle of where this generational divide is in terms of the attitude of investors.
Showing 21–40 of 74 · page 2 of 4
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