The Real Eisman Playbook

On this episode of The Real Eisman Playbook, Steve Eisman is joined by Regina Brooks (Serendipity Literary Agency), Jennifer Weis (The Weis Agency), and Anthony Ziccardi (Post Hill Press) to discuss the ever-changing publishing industry. From the influence of BookTok to the increasing use of AI tools, the entire ecosystem is rapidly transforming. The four of them explore their concerns, their hopes, and what the industry might look like in the future. 00:00 - Intro 02:27 - How the Industry Has Changed 09:52 - The Power Shifts Between Agents, Publishers, and Editors 17:52 - What Makes an Unbelievable Book & How Data Factors In 25:30 - How AI Has Changed Everything 36:35 - What We're Most Worried About & Most Excited About 46:07 - The TikTok Effect 49:44 - Distribution & The Future of Publishing 56:15 - Outro Subscribe 👉🏻https://www.youtube.com/@RealEismanPlaybook?sub_confirmation=1 Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve Eisman discusses the end of the government shutdown and its market implications. He highlights Michael Burry's alarming AI accounting warning and shares insights on consumer struggles, particularly rising auto delinquencies. The podcast also covers earnings reports from CoreWeave and Cisco, noting Disney’s streaming growth amid legacy issues. Eisman delves into the current M&A advisory boom, providing data-driven insights. Tune in for a blend of financial analysis and market forecasts!

Glenn Schorr, a research analyst from Evercore, dives deep into the turbulence facing private lenders like Apollo and Blackstone. He sheds light on the shifting dynamics in the credit markets and discusses the implications for investors. Schorr identifies KKR's resilience and its strong monetization strategy, while explaining the challenges for Goldman Sachs and Bank of America. The conversation also touches on tokenization's potential to transform finance and why traditional asset managers are struggling amid market changes.

Explore the week’s market volatility and what it means for the economy. Dive into the implications of the new NYC mayor’s election and his plans. Get insights on AI earnings versus non-AI companies, referencing strong performers and those struggling. Discover how FICO’s pricing changes could impact credit scoring. Finally, understand the mechanics of money creation through fractional reserve banking and witness the tension in the housing and restaurant markets revealing consumer strain.

In this discussion, Kyle Kazan, CEO of Glasshouse Brands, shares insights on navigating the cannabis industry’s challenges. Graham Farrar, President, elaborates on their competitive brands and operational efficiencies. Mark Vendetti, CFO, provides a deep dive into financial strategies and the impact of regulatory changes. They explore illegal competition, the implications of federal policy shifts, and scaling operations for profitability. The trio reveals how they’re overcoming market obstacles while aiming for growth in a fast-evolving landscape.

Steve Eisman dives into the latest market shifts, highlighting a tentative US-China trade truce that fueled stocks to new highs. He unpacks the Fed's recent rate cut and its mixed market reaction. The surge in AI investments is palpable, with major players like Meta, Google, and Microsoft reporting strong earnings. Meanwhile, Amazon prepares for future AI endeavors by laying off 14,000 workers. Other sectors reveal a mix of weak homebuilder results and Eli Lilly's impressive performance in the weight-loss drug arena.

In this lively discussion, financial journalist Andrew Ross Sorkin, author of the bestselling book '1929', delves into the tumultuous Crash of 1929. He reveals the Wild West nature of the market, showcasing fascinating financiers and how their actions echo today. Sorkin explores how excessive leverage and fear of missing out ignited the crash, while drawing eerie parallels to modern financial trends like crypto trusts. With insights on historical figures and their consequences, the conversation offers a gripping look at lessons from the past.

Nick Del Deo, a digital infrastructure analyst at MoffettNathanson, joins to shed light on the booming data center industry. He explains the transition to private markets and contrasts business models of major players like Digital Realty and Equinix. The discussion dives into the impact of AI on data center economics, revealing how power constraints interplay with explosive demand. Del Deo also explores CoreWeave's rapid ascent, repurposing of crypto sites for AI, and the challenges of building infrastructure amid tight power supplies.

In this discussion, AI companies are thriving while traditional sectors struggle. Steve Eisman highlights Apple's impressive iPhone 17 sales but raises concerns over its AI direction. The podcast delves into the K-shaped economy, contrasting AI growth with mixed results in housing and homebuilding. Tesla's challenges are examined, alongside GM's unexpected success amidst rising pickup sales. Aviation is on the rise with strong demand for jet engines, while Netflix navigates market sensitivity. A compelling blend of insight awaits!

Craig Moffett, a telecom specialist from MoffettNathanson, and Michael Nathanson, an expert in media and advertising, dive deep into the collapse of cable stocks and the challenges facing traditional advertising agencies. They discuss Apple's AI shortcomings and the surge in youth unemployment due to AI disruptions. The conversation highlights the need for streaming consolidation and analyzes the shocking leadership shakeup at Verizon. With insights into the future of advertising and the implications of AI, this discussion is both timely and thought-provoking.