Odd Lots Tracy and Joe Answer All Your Questions
97 snips
Jan 1, 2026 Listeners' questions lead to intriguing discussions on diverse topics. Tracy and Joe reveal the reasoning behind unreleased episodes. Joe dives into his recent obsession with Chinese history, while Tracy shares her passion for whale-related literature. They analyze the potential of AI in capturing value and tackle the concept of market confidence amidst inflation concerns. Finally, a lighthearted debate emerges over favorite Magic cards, with a unique twist involving AI. Tune in for a blend of knowledge and entertainment!
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They Sometimes Kill Episodes
- Tracy and Joe have killed a few recorded episodes when guests underperformed or recordings didn't meet standards.
- Joe believes journalists should be more selective and 'kill' more stories rather than release mediocre work.
Why Finance Earns Despite EMH
- Joe questions why the financial industry exists if markets are efficient and wonders what services justify large PM wealth.
- He suspects finance provides other valuable services like counseling, risk management, or informational advantages beyond pure stock selection.
Unclear Winners In The AI Value Chain
- Tracy and Joe see AI as a productivity improvement with uncertain distribution of value across the stack.
- They note established tech already concentrates wealth and AI might either amplify inequality or reduce the value of capital in unexpected ways.
