Making Markets

In this podcast, the hosts discuss the Bitcoin ETF approval, Ethereum ETF prospects, Eric's transition from crypto to traditional markets, transferable skills from niche markets, top market performers living in paranoid states, and general outlook on venture capital speculation.

Mark Dow, former economist with the US Treasury and the IMF, talks about why economists struggle with trading, the significance of the Federal Reserve, misconceptions about monetary policy, the current risk cycle, modern monetary theory, asset price inflation and wealth inequality, and analyzing the state of the housing market.

Howard Lindzon, founding StockTwits, shares hilarious stories from his early career and discusses topics such as saying no to the Twitter deal, investing philosophy, the degen economy, and more in this entertaining podcast.

Author Eric Jorgenson discusses what he learned from writing 'The Almanack of Naval Ravikant' and 'The Anthology of Balaji'. They also talk about anti-capitalistic ideas, techno-optimism, and the economics of publishing. Topics include non-monetary values, the perception of technology, contrasting Naval Ravikant and Biology, the COVID pandemic's impact, and the economics of traditional publishing versus self-publishing.

Caroline Taylor, an art valuation expert, discusses the appraisal process for fine art and NFTs. Topics include block trading, irrevocable bids, and the place of NFTs in the art market. They also explore her background in art, transitioning from painter to curator, valuing and trading CryptoPunks, challenges in validation and building a data warehouse, concerns about AI in the industry, and the growth of NFTs in traditional art institutions.

My guest today is Michael Lee. Michael is a dealer in rare photographs and the director of Lee Gallery. Today, he takes us on a tour across this under-the-radar market. We talk about the difference between the primary and the secondary market, the buy side, and tastemakers. We also cover his process for finding buyers, pricing inventory and his view on NFTs.This is exactly the kind of esoteric market I wanted to explore when we transitioned the show to Making Markets, and I hope you enjoy this conversation with Michael Lee.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @makingmkts | @ericgoldenx Show Notes(00:02:22) - (First question) - Steps to becoming an art dealer(00:04:22) - Examining funding aspects for art dealers(00:06:21) - The function of independent art traders(00:10:09) - Comparing reproducibility: photography versus painting(00:11:10) - Delving into the buyer's perspective on photography(00:13:13) - Discussing the absence of external authorities in photography ratings(00:17:09) - Investigating the influence of museums in art(00:19:21) - Forecasting future trends in the art market(00:23:27) - Unraveling how transactions occur in the art world(00:28:07) - Clarifying the role of art galleries(00:30:45) - The intricate process of art collection(00:35:50) - Addressing perceived pretentiousness in art(00:41:55) - Exploring royalties within the art industry(00:45:08) - Grasping the factors affecting art pricing(00:53:00) - Analyzing why photography is currently in a 'fear stage' Learn more about your ad choices. Visit megaphone.fm/adchoices

Pierce Crosby, General manager of TradingView, discusses the rise of TradingView's ubiquity in the trading market. He explores the services offered by TradingView and details its business model. They also discuss managing relationships with various brokers and the challenges in acquiring data for startups.

Brandon Zick, CIO of Ceres Partners, discusses the dynamics of investing in farmland, supply and demand, and how Ceres chooses farms to invest in. They also explore the economics of farming, bankruptcy risks, and the niche sector of farm funds.

Will Peck, Head of Digital Assets at WisdomTree, discusses the firm's digital roots, the complexity of launching a bitcoin ETF, their innovative app, and the differences in regulations between Europe and the US. They also explore the advantages of tokenization, instant settlement, and the future of stablecoins in asset holdings.

Today's guest on the podcast is CarDealershipGuy, an anonymous Twitter account with insights into the car market. They discuss the profitability of car dealerships, the shortage of used cars, the decline of leasing, the significance of the auction market, depreciation of luxury cars, and the best car choices for a $100,000 budget.