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16min chapter
BTC151: This is NOT Capitalism w/ Allen Farrington (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
MMA as a Metaphor for Capitalism and Free Markets
The chapter explores the concept of mixed martial arts (MMA) as a metaphor for capitalism and free markets, highlighting the differences between finite and infinite games. The speakers discuss the efficient market hypothesis and the belief that all available information is already reflected in market prices. They critique the notion of outperforming the market and emphasize the importance of understanding individual behavior in successful investments.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode