The Meb Faber Show - Better Investing cover image

William Bernstein - “The More Comfortable You Are Buying Something, in General, the Worse the Investment It's Going to Be"

The Meb Faber Show - Better Investing

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Bitcoin, Bubbles, and Behavioral Insights

This chapter explores the dual nature of cryptocurrencies, particularly Bitcoin, comparing it to the internet boom of the 90s. The speakers share personal investment experiences, reflecting on the subjective identification of market bubbles and the evolution of their perspectives over time. They also recommend influential books that enhance understanding of human behavior, emphasizing the importance of continual learning in finance and beyond.

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