"The Riff" with Byrne Hobart and Erik Torenberg cover image

E45: Efficient Market Hypothesis, Missing Billionaires, and Digital Currencies

"The Riff" with Byrne Hobart and Erik Torenberg

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Tech Giants and Investment Strategies

This chapter explores the high-cost ventures undertaken by major companies like Google and Meta, including projects such as Waymo and the metaverse. It highlights the long-term benefits of these risky investments while discussing the complexities of valuing tech companies amidst market fluctuations and the influence of retail investors. Additionally, the chapter examines the evolution of market efficiency and the strategic frameworks of various tech giants, emphasizing their interconnected services and the challenges of maintaining a coherent digital identity.

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