AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Ep. 1127: The Carvana Fantasy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Introduction
Morgan Stanley and Goldman Sachs were going the way of Bear Stearns and Lehman Brothers. The magic hands stepped in and saved those two particular investment banks. That's a really shitty, non-capitalistic system. So let me give you an example of what happens when you give a bailout to a crappy investment bank 14 years later. Just one example. Carvana, the used car bullshit company that is now imploded.
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