Natural disasters are becoming more severe and costly—who should bear the financial burden? We explore the tension between socialized risk and market-based insurance.
Topics covered include:The surprisingly large percentage of natural disaster losses that are uninsuredWhy natural disaster severity is increasingA deep dive into the complexity of the home ins ... Show More
Nov 19
Burnout, Breaks, and the Courage to Spend with David Bach
<p>David converses with best-selling author David Bach about preventing burnout through sabbaticals, moving to another country, why retirees should take Social Security as early as possible, and Bach's idea of a flat tax on IRA distributions.</p><p><strong>Insiders Guide Email Ne ... Show More
42m 29s
Oct 29
Hoarding, FOMO, and Zcash: A Private Bitcoin
<p>What’s the difference between hoarding and investing? There’s a reason markets built on productive assets—like stocks and bonds—are far larger than hoarding markets such as gold and cryptocurrency. In this episode, David explores why that is, and shares why he recently bought ... Show More
21m 52s
Apr 2025
How climate disasters are shaping insurance markets
Premiums are rising. Insurers are leaving markets. But people keep building in risk-prone areas, and the climate disasters just keep coming. Can insurance markets adapt? In this episode, Shayle talks to Dr. Judd Boomhower, an assistant professor of economics at the University of ... Show More
33m 1s
Feb 2025
State Farm Cut Policies. Then the Fires Hit.
In recent years, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ’s Jean Eaglesham ex ... Show More
19m 51s
Apr 2025
153. Steve Eisman, the Real-Life "Big Short" Investor, on Tariff Panic and Lessons From the 2008 Crisis
<p><a target="_blank" href="https://www.buzzsprout.com/twilio/text_messages/2159526/open_sms">Send us a text</a></p><p>This week on <em>The Wall Street Skinny</em>, we’re diving headfirst into one of the most volatile weeks in recent memory—and we brought backup. After a whiplash ... Show More
1h 16m