Superinvestors and the Art of Worldly Wisdom cover image

#43: Diego Parrilla On Appreciating The Opportunity Set In ‘Antibubbles’

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Paradigm Shift in Asset Prices

I think the paradigm shift has already happened once upon a time central banks were effectively running their policies based on financial stability which meant control inflation. And today we've really somewhat inadvertently perhaps created these monsters of a bubble and that's why they're so focused on asset prices. The wealth effect is brutal right I mean the wealth effect as most people will know in this call is you know people as of today feel 50 billion richer from being long dodgecoin.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner