Armchair Expert with Dax Shepard

Andrew Ross Sorkin (on stock market crashes)

58 snips
Nov 19, 2025
Andrew Ross Sorkin, an award-winning financial journalist and author, dives into the 1929 stock market crash and its modern implications. He shares his early hustle that led to a New York Times internship and his motto of 'chasing interesting' in journalism. Sorkin discusses the impact of consumer credit and margin lending on market volatility, drawing parallels to today's crypto trends. He also emphasizes the importance of transparency in finance and how ethical reporting shapes public trust in media.
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ANECDOTE

Early Hustle Leads To NYT Breakthrough

  • Andrew Ross Sorkin described creating a high-school sports magazine and cold-calling big advertisers to grow distribution beyond his school.
  • That hustle led to a secret New York Times internship and his first published article, launching his journalism career.
ADVICE

Avoid Individual Stocks To Prevent Conflicts

  • Avoid owning individual stocks if you report on or influence markets; use funds or indexes instead.
  • Sorkin follows strict newsroom rules to prevent conflicts and accidental appearance of insider advantage.
ANECDOTE

AI Replaced A Quick Legal Review

  • Sorkin described using ChatGPT on a plane to review and redline a contract, saving time and legal fees.
  • The AI suggested edits, generated a counterproposal, and wrote a cover letter he sent instead of a lawyer's note.
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