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Demetri Kofinas on 'Financial Nihilism'

Barron's Advisor

00:00

Are We Making an Evolutionary Shift in Value?

i think this is something that a lot of ancial professional struggle with to day. We're at or near all time record hihs, and so how do we know whether this is the right value? And then we throw in things like again, bit n and crypto and non fungible tokens, and we see these crazy valuations. So are we making an evolutionary shift in terms of what we value and how we place value on something? I'd love for you to touch on that, define what memetic desire is, and then i think we can explore how that may be impacting the prices that we see for some of these different assets.

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