AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Where is the Crash?
The Compound and Friends
The S&P Net Profit Margin
We're seeing a fairly steep decline beginning to roll through. I just think there's been a little bit of that on the beach, sort of the summer before the war. Commercial real estate, real estate stocks are down 80%. But the cost of capital is everywhere. It's not just debt. It's P.E.s. and what people were willing to pay for earnings 10 years later.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode