We have a double dip on the podcast this week, so instead of the Videos Of The Week post, I wanted to drop my conversation with Dave Collum for you guys. He’s a professor of Organic Chemistry at Cornell and a must follow on Twitter. He’s also a sharp investor and entertaining market commentator. If you would rather watch the podcast on YouTube, here’s a link. On the podcast, we discussed: * Financial markets and the ridiculous overvaluation of some of the largest stocks: “I think the Magnificent Seven is going to become the Magnificent Zero.” * The impact of passive investing on the market. * The Presidential Election and his thoughts on Biden, Trump, and how things might play out between now and November 5. * The generational divide, including the wealth gap between old and young, the upcoming wealth transfer to younger generations, and its potential impact on the real estate market. * Book Recommendations: Psychology of Totalitarianism by Mattias Desmet and American Betrayal by Diana West. Kontrarian Korner is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.kontrariankorner.com/subscribe