AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)
Infinite Loops
Is Leverage Creating a Bubble?
Bubbleology is the study of whether or not a stock market bubble has happened. This week, we look at if it's possible for us to consistently say that bubbles have occurred in the past. We'll start with jesse and then move on to Jessie and lily.jesse: I've been doing this since 19 82. Never evers a market wide financial collapse that at the heart was not over leverage. That was at the heart of every single collapse i watched happen. The one that i had personal experience with was long term of capital management. And then obviously the great financial crisis, where the firm that i had just left, barsterns, was forced into
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode