Episode 226: Sea-Monkeys or: How Hard It Is to Run a Company Like Microsoft

Hi, and welcome to Episode 226 of The Traders Podcast, where your host Rob Booker teaches by using unusual topics like “Sea-Monkeys.” Actually, Rob’s discussion today is about Sea-Monkeys and how hard it is to run a company like Microsoft. The connection is clear… So, after entertaining us with his thoughts about the mysterious novelty pets, Rob discusses how Microsoft went on a gigantic search for a new CEO and recently appointed Satya Nadella.

Rob talks about how this kind of high-profile CEO search often results in disappointment, and he explains how this occurs (using Sea-Monkeys). And of course, Rob does one of the things he does best — he makes this conversation applicable to your own trading. Be sure to listen!

Rob’s book recommendation: Good to Great by Jim Collins

Post-episode Sea-Monkey addenda from Jason the producer: According to Wikipedia, Sea-Monkeys are in fact brine shrimp. Here is a very interesting excerpt from the Wiki article: “The astronaut John Glenn took Sea-Monkeys into space on October 29, 1998 aboard Space Shuttle Discovery during mission STS-95. After nine days in space, they were returned to Earth, and hatched eight weeks later apparently unaffected by their travels.Read More

Episode 169: Our Rocket Ship Stock Market, the Unemployment Rate and a Traders Podcast Box Set?

We think Episode 169 is a good time, and we think you’ll agree… First of all, our friend Keiron wrote and asked about purchasing every one of The Traders Podcast episodes in one fell swoop, so we entertain ourselves as we entertain that thought.

Rob also spends some time talking about our rocket ship stock market and the employment market. Are we in some kind of a fake recovery because the economy is not creating jobs fast enough to replace the jobs that were lost during the financial crisis? Rob discusses how the unemployment rate factors in — and how it doesn’t factor in the people who have given up and dropped out of the job market altogether. Rob notes that there are under-employed people who are making less than they used to, and how that’s throwing off the numbers, as well.

Other questions posed in this episode: Read More