Astral Codex Ten Podcast cover image

Even More Bay Area House Party

Astral Codex Ten Podcast

00:00

Anti-Stocks Are the Answer to the FTX Collapse

The FTX collapse really took the bottom out of the financial fraud industry. We asked ourselves, how can we make shorting as simple as going long? Anti-stocks are the answer. A Tesla anti-stock is a certificate which obligates you to pay us the value of a Tesla stock dividend each year. Why would anyone ever buy that? They don't. And you think people will prefer this to just shorting Tesla the normal way? It's not just about shorting Tesla. This is the beginning of a whole newanti-finance revolution.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app