Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)
Infinite Loops
00:00
Is Liquidity Linked to the Sustainability of Bubbles?
Selikt: My first experience in investingi was in 19 99. Manup losing about five thousand dollars on a stock called ion networks. And so mentally, i was on the of those who thought that things were excessive. But fundamentally, if you think of anything more complicated, like a discounted cash flow of a stock, there is no golden rule or natural law saying that micres of shoun be seven x price sales. Selikt: I'm devinly fish out of water here. It's interesting to reason about what fundamentals are. You know, there's obviously very simple casees like you could imagine. Let's say we do a three months duration of it.
Transcript
Play full episode
