
SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
Bonds Are Like Feut Privilege
Bonds have existed and become such a huge market because of feut privilege. Governments might mandate r c, bank, ex yc or insurance company to hold x ya c per centage of bonds. So there's a lot of financial advisers who will tell their customers with a straight face, go 60, forty stocks and bonds. And so i guess bringing it back to the point you were saying, which is that we are going to be moving into a world that is more equity based. You can read the book now. Anybody who pre orders the book, the book will be out in december, but you'll get the fte draft of the book almost final itlgoing
Play episode from 01:04:08
Transcript


