Against the Rules with Michael Lewis cover image

Against the Rules with Michael Lewis

On Background: Who Buys Distressed Assets?

Jul 11, 2023
35:25

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • In the podcast, Andy Mitchell of Lantern Asset Management discusses the importance of cash liquidity and maintaining a company's status quo when dealing with distressed assets.
  • The podcast highlights the challenges in valuing cryptocurrencies and venture capital investments, but also suggests potential opportunities for buyers in some of Alameda Research's investments.

Deep dives

The Title of the First Paragraph

The podcast episode introduces Michael Lewis' upcoming book about the crypto exchange FTX and its founder Sam Bankman-Free. The book is titled 'Going Infinite: The Rise and Fall of a New Tycoon' and is scheduled to be published on October 3rd, 2023. Lewis takes readers on a quest to understand who Sam Bankman-Free is, what motivated him, and what his rise and fall means for the rest of us. The book explores Bankman-Free's rebellious personality and how he challenged conventional rules in his own unique way.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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