ML190: Demetri Kofinas on The Rise of Financial Nihilism, Understanding Narrative Investing & Building a Modern Media Business
MetaLearn Podcast
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What Is Financial Nihilism?
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.
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