Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
Magnificent Noise x Richard Kramer x Will Page
Bubble Trouble features conversations between economist and author Will Page and independent analyst Richard Kramer that lay out some inconvenient truths about how financial markets really work. Like the “boy who cried wolf,” financial markets have a peculiar tendency to repeat past mistakes and get themselves into “bubble trouble.” They party hard, drink too much of the Kool Aid, and wake up with a pounding hangover...only to do the same thing the next day. With tech dominating daily headlines and teenage traders driving stocks to unprecedented valuations, you might be asking “What’s really going on?” “What am I missing?” Imagine having a set of tour guides to tell you the “story behind the story” of the world’s largest tech companies, and how they bend - or break - the rules of economics. Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books
Aug 16, 2021 • 27min
Stenographers and Sycophants
We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat) Hosted on Acast. See acast.com/privacy for more information.
Aug 9, 2021 • 29min
Shark Fins
This week we're going to be jumping the shark. That is we're going to be looking at why tech companies and their success, their growth, their user numbers often resemble a shark fin: how they scale up really fast, then taper off then fall really, really fast in a straight line all the way down. Hosted on Acast. See acast.com/privacy for more information.
Aug 2, 2021 • 26min
When Two Plus Two Equals Two
This week we explore the current craze in the mergers and acquisitions going on just now. And asking, do they actually create additional value? Or is it the case that two plus two does equal two? Hosted on Acast. See acast.com/privacy for more information.
Jul 26, 2021 • 28min
Facing the Music
The UK parliament has dug deep into the economics of music streaming, licensing, and what artists get paid. We'll look at what they discovered and the knock-on effect throughout the rest of the world. Hosted on Acast. See acast.com/privacy for more information.
Jul 19, 2021 • 25min
Hyper Competition
This week we look at the tremendous explosion in cultural production--content creation and hyper competition. Hosted on Acast. See acast.com/privacy for more information.
Jul 12, 2021 • 24min
Talking Your Own Book
This week: talking your own book. Those analysts outside the company and those executives inside the company, who are long and loud about their views of their own stock. Why so long? Why so loud? Why should we listen to them? And if we do listen to them, are we putting ourselves at risk? Hosted on Acast. See acast.com/privacy for more information.
Jun 28, 2021 • 24min
The Charade of the Earnings Call
This week we explore the charade of the earnings call--that quarterly bit of theater that often helps stoke bubbles and creates trouble. Hosted on Acast. See acast.com/privacy for more information.
Jun 14, 2021 • 26min
Poor Standards
This week we look into rating agencies and ask: Why were they invented? What is their purpose? Who pays their wages? Hosted on Acast. See acast.com/privacy for more information.
Jun 11, 2021 • 27min
To SPACS and Back
This week we're going to go to SPACs and back, and that's an acronym. It's an acronym that sounds strange, sounds unfamiliar, sounds technical. We'll explain what they are and why they getting so much attention. Hosted on Acast. See acast.com/privacy for more information.
May 12, 2021 • 28min
Building Block #5: Someone Else's Money
This time we discuss the most important subject of them all: money. More importantly, someone else's money. We'll get to the basics. Where does money even come from? Bubble Trouble is hosted by economist and author Will Page and financial analyst Richard Kramer. It is produced by Magnificent Noise, http://magnificentnoise.com. More information is available at bubbletroublepodcast.com. Hosted on Acast. See acast.com/privacy for more information.
