AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Global Calamity in Stock Trading?
Stocks traded a total volume last year. Do you think that a hundred and 21 trillion dollars of notional equity value trading provided capital to businesses anywhere close to one % of that total amount of trading volume? It really is a synthetic instrument that allows people to participate in i bet that something is going to go up, and i bet that somethingis to go down,. And at the end of the day, the underlying business entity doesn't benefit whatsoever. Obran: We need to rebuild this infra structure. You can't have a hundred and 36 percent of a company be short. That makes no sense. The second, what we've learned is that, again, theariina
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