i just love this new stuff because i see a ton of development down the line. In terms of how this stuff can develop, it's like in 19 hundred america had 200 car makers. And as jamies pointed out in his investor amnesa series, many of them were electric cars that didn't catch yoon. The idea that during early stages of innovation, if you study it, and i have, man, what you see is like the railroads, the frenzy of people willing to build railroads. I realize that that is the derivation something is a full blown catastrophe.
Tracy Alloway is the co-host of the Odd Lots podcast and a managing editor at Bloomberg Markets. You can follow Tracy on Twitter at https://twitter.com/tracyalloway and listen to her podcast here: https://open.spotify.com/show/1te7oSFyRVekxMBJUSethH Show Notes:
- Financial crisis hindsight
- Being obsessed with risk and systemic stability
- Historical parallels to the crisis of ‘08
- Macro vs. micro bullshitting
- Why people refuse to say “I don't know”
- Victorian chicken bubble
- Tales of forensic accounting
- NFTs being used to launder money?
- NFTs’ path to success
- Insights from collapse of previous civilizations
- Understanding the Human OS
- Fair Wages for Robots
- Praise for Citi’s Matt King and Credit Suisse’s Zoltan Pozsar