

Money Stuff: The Podcast
Bloomberg
The audio companion to Bloomberg Opinion’s beloved Money Stuff column hosted by its author Matt Levine, “whose deadpan style mixes technical elucidation and wit” (NY Times). Once a week, Matt and his friend, Bloomberg News reporter and TV host Katie Greifeld, talk about Wall Street, finance and…other stuff. New episodes every Friday.
Episodes
Mentioned books

9 snips
Jul 19, 2024 • 31min
Don’t Hate the Player: DJT, Bets, Funds
The hosts dive into the intriguing financial landscape of Trump Media, exploring its unique stock sales and relationships with trading firms. They discuss the challenges faced by successful sports bettors, who often find their accounts limited. The conversation then shifts to innovative investment strategies tied to Elon Musk's ventures, reflecting a growing demand for specialized funds. Finally, they tackle the implications of small bets in both gambling and finance, emphasizing the need for smarter risk management.

11 snips
Jul 12, 2024 • 31min
Blood Farming: Purdue Pharma, empty voting and frozen heads
Dive into the legal intricacies surrounding Purdue Pharma's bankruptcy and its impact on victims of the opioid crisis. Explore the controversial concept of empty voting in corporate governance, raising ethical concerns. Delve into the fascinating crossroads of cryonics and identity, questioning the future of personhood. The conversation even humorously touches on blood farming and the quirks of wealth. Additionally, they tease a sci-fi novel, adding a creative twist to the thought-provoking discussions.

5 snips
Jun 28, 2024 • 36min
Just Keep Bidding: MMTLP, PE, ETFs
The discussion kicks off with short squeezes and the intricate dynamics of MMTLP, revealing community reactions and financial insights. They explore the controversial reverse merger of Torchlight Oil, sparking market manipulation theories and regulatory challenges. The hosts examine the evolving landscape of private equity recruiting, stressing early interviews and the pressures on candidates. They also delve into buffer ETFs, highlighting their market role and trade-offs while pondering investment strategies in tumultuous times.

7 snips
Jun 21, 2024 • 30min
Xs and Os: Trader U, VORB, QXO
Katie and Matt dive into the fascinating world of hedge fund training programs, humorously discussing the idea of a 'Trader School' for future investors. They tackle the complexities of mergers and acquisitions, including the tangled tale of Virgin Orbit's struggles. Along the way, they explore the challenges posed by distractions in decision-making and uncover the intriguing dynamics of the building products distribution market, spotlighting the curious case of a New Jersey Deli in the context of reverse mergers.

Jun 14, 2024 • 32min
Uncatchable Mouse Jigglers: TSLA, PARA, WFC WFH
Elon Musk's recent shareholder vote sparks a lively debate on his pay and Tesla's potential move to Texas. The hosts dive into the tangled negotiations between Paramount and Skydance, spotlighting the chaos in corporate leadership led by Sherry Redstone. They also shed light on Wells Fargo's outrageous 'mouse jiggler' saga, where employees face termination for faking productivity while working from home. A humorous yet critical look at modern workplace practices unfolds, blending serious corporate governance issues with absurdity.

6 snips
Jun 7, 2024 • 38min
Equities in Secaucus: TXSE, PSUS, GME
Matt and Katie dive into the potential of a new stock exchange in Texas, comparing it to giants like NYSE and NASDAQ. They explore Northern New Jersey's influence on the equity market and discuss hedge fund strategies amidst challenging conditions. The talk shifts to the differences in fund fees and the perplexing rise of fake investment ads. Roaring Kitty's return and its social media impact on GameStop's stock is examined, revealing the complexities of modern trading dynamics. A fascinating discussion that blends humor with serious financial insights!

May 31, 2024 • 33min
T+Lunchtime: Settlement, Musk, Hwang
The hosts dive into the exciting shift to T+1 stock settlement, likening it to a rare celestial event and tackling its efficiencies and conspiracies. They explore the controversy over Elon Musk's stock options and the implications of his leadership on Tesla amidst market changes. Discussion also pivots to Bill Hwang's trial, shedding light on the Archegos scandal and the ethical dilemmas in finance. Plus, they address trading system designs that could mislead users into poor decisions.

8 snips
May 24, 2024 • 31min
Bad Monday: Shrimp, Fingers, Brains
Join the hosts as they dive into Red Lobster's bankruptcy saga, revealing the flaws behind its shrimp-centric promotions. They humorously discuss the conflicts of interest in corporate governance and reflect on a catastrophic trading blunder at Citi, which saw a $444 billion error unravel due to systemic issues. Delve into the subconscious of investors with fascinating insights about brain activity influencing stock decisions and witness professional money managers grapple with the challenges of prediction, all while keeping the tone light and engaging!

12 snips
May 17, 2024 • 35min
Bets Are Off: DFV, BUIDL, CFTC
Katie and Matt dive into the resurgence of meme stocks, spotlighting the GameStop phenomenon and social media's role in market movements. They explore the innovative blending of blockchain and traditional finance with the introduction of a unique money market fund. The discussion segues into the complex world of event contracts and prediction markets, especially regarding elections, while also touching on the quirky regulations surrounding Oscar betting. Finally, they share insights on regulatory preferences in the crypto landscape.

9 snips
May 10, 2024 • 40min
Fun Shiny Object: FTX, Public, ETFs
Dive into the intriguing aftermath of the FTX bankruptcy, where recovery rates vary dramatically and emotional reactions from creditors unfold. Explore the complexities of private versus public markets, the seductive allure of private shares, and the rise of single-stock ETFs. The lively banter also includes whimsical discussions about the physics of pudding pools, blending humor with finance. From cryptocurrency challenges to the evolving dynamics of investment, this episode is a fascinating mix of serious insights and playful theories.