Financial nihilism is a phrase that i came up with. It's essentially one where there isn't just a disregard for fundamental reality, but it's actualy, there's like a contempt for fundamentals. And so the way in which investors invest is is kind of to view financial markets and prices as a casino. I think people are increasingly unwilling to participate in what they consider to be a fiction.
Demetri Kofinas is a media entrepreneur, financial analyst and the host of the Hidden Forces Podcast. In this episode we discuss:- The key events that shaped the modern world including 9/11 and the 2008 Financial Crisis- The rise of ‘financial nihilism’ and how it’s playing out in asset markets including crypto
- How to build a profitable media business with integrity in a post truth world We also talk about Demetri’s recovery from a brain tumour that almost completely wiped his memory, the pros and cons of the different forms of media & the power of memes in crypto.