4min chapter

The Joe Walker Podcast cover image

Rational Minds Part 3: Rethinking Bubbles - Vernon Smith

The Joe Walker Podcast

CHAPTER

The Difference Between Knowledge That and Knowledge How

It's interesting. It wasn't easy actually to get people that have been through two of these and everybody has kind of had the experience probably of being burned, you see. You've got people now that are in kind of correction mode and you put them in a new environment. They're not seeing the same people. They're saying a different environment. It's a cash-rich environment. I think we're starting to understand why these markets work differently.

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