The world seems slightly unusual, not only the crypto kiddies. And is this decline and volatility driven by investors getting smarter? Is it driven by more e t f, fewer shares out there to trade? By more indexing? Foreign investors with nowhere else to go? What's your besthpes s a general background answer to that,. i'm like such a thike. In my personal life, i’m such an efficient market ky, like thike! The explanation that i sort of like is that the prices of financial assets have somewhat decoupled from human emotion about the world that is not financial assets. I thinkth there are, don't thing that's
Is Matt Levine a modern-day Horace? Like Matt, Horace has a preoccupation with wealth and the law. There’s a playful humor as he segues from topic to topic. An ability to read Latin. And many of Horace’s letters are about the length of a Bloomberg View column. QED, says Tyler.
So Matt, the Latin teacher turned lawyer turned investment banker turned finance writer, recently joined Tyler for a conversation on Horace and more, including cryptocurrencies, Buffy the Vampire Slayer, Nabakov, New York, Uber, financial regulation, market volatility, M&A, whether finance is nerdy, and why panic is central to the Matt Levine production function.
Read a full transcript enhanced with helpful links.
Other ways to connect