3min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#51: Diego Parrilla On The Three Levels Of The Investment Game

Superinvestors and the Art of Worldly Wisdom

CHAPTER

Is Every Bubble Built on Some Widespread Misunderstanding?

Every bubble is built on some widespread misunderstanding. And i think behind this idea that got people so comfortable with a lot of these things, whether it's crypto or growth o, that have no cash flots to day. I think, youknow, tht the rules of the game are ae basically written from a game theatry perspective. Know what happens when central banks lose independence? You're just simply unable to fulfil your obligations. As much as i love my country, is not a fair reflection of the fundamentals where we should be borrowing. Is 100 % artificial. The result of central bank printing infinite amount of money too and governments will take it at those levels. They might give you

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