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Mar 5, 2024 • 40min

Money Talks: Citibank’s Kid Millionaire

In this Money Talks. Felix Salmon chats with former trader Gary Stevenson, author of The Trading Game: A Confession. In the book and conversation, Gary tells how a card game made him Citibank’s youngest trader…and how betting on economic downfall made him its most profitable. Why did he walk away at the top of his game?If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Mar 2, 2024 • 47min

Musk vs. the AI Overlords

This week, Felix Salmon, Emily Peck and Elizabeth Spiers ponder the future of computers, cars, and…fast food? They discuss why Elon Musk is suing Sam Altman and OpenAI and the altruistic origins of ChatGPT. Also: Wendy’s “surge pricing” gaff had customers crying foul and Apple’s electric car has been scrapped. In the Plus segment: The downfall of Macy’s and the American department store. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Jared Downing and Cheyna Roth.Clips in the show:After segment one: The Thinking Machine - MIT 1961After segment two: 1975 Wendy’s CommercialPlus outro: Scene from Miracle on 34th Street Learn more about your ad choices. Visit megaphone.fm/adchoices
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Feb 24, 2024 • 42min

Is Capital One’s Discover Deal Doomed?

This week, Felix Salmon, Emily Peck and Elizabeth Spiers come with 0% interest and no fees! They discuss what the proposed merger between Capital One and Discover would mean for the rest of us and why the government probably won’t let it happen. Also: How long will Nvidia’s chip empire last, and why there are suddenly so many car washes everywhere. In the Plus segment: The gang reveals their all-time favorite kitchen gadgets. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.Podcast production by Jared Downing and Cheyna Roth.Clips and references in the show:“‘I’m gonna get totally and utterly X-ed.’: Constructing drunkenness”1986 Discover ad“Car Wash” by Rose RoyceVintage car wash documentary Learn more about your ad choices. Visit megaphone.fm/adchoices
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Feb 20, 2024 • 28min

Money Talks: I Was a Billionaire’s Right Hand

Felix Salmon sits down with Carrie Sun, whose book Private Equity: A Memoir recalls her life as the right-hand woman of a billionaire hedge fund manager. Burnt out on corporate life, Carrie wanted a low-key day job while she pursued her writing career. Instead, she found herself in a world of high-octane Wall Street hustle where profit is paramount. She and Felix discuss Wall Street culture, If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Feb 17, 2024 • 50min

America is Beating Everyone

Exploring America's economic success compared to other nations through factors like strong domestic growth, energy exports, and immigration. Discussion on TikTok's music dispute and after-hours trading risks. Plus, why chocolate chip ice cream is hard to find.
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Feb 10, 2024 • 44min

Disney's Wish Upon a (Pop) Star

Felix Salmon paid money to watch the Taylor Swift concert movie; Bob Iger's efforts to keep Disney fair; New York Community Bank's financial situation's effect on renters; backlash against the SAT; Superbowl commercial trends.
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Feb 6, 2024 • 49min

Money Talks: You Should Buy Art

In this Money Talks, Bianca Bosker, author of “Get the Picture,” chats with Felix Salmon about her adventures going undercover in the fine art world. Bianca worked as a museum security guard and gallery assistant, among other gigs, and got an inside peak at the smoke and mirrors of creating, collecting, and curating.If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Feb 3, 2024 • 45min

Why Musk Lost $56 Billion

Topics discussed in this podcast include a Delaware judge blocking Tesla's compensation package for Elon Musk, the rise and fall of DNA testing service 23andMe, and a glimpse into the world of Sotheby's and mega-high-end art auctions.
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Jan 30, 2024 • 40min

Money Talks: Is Pop Finance Rubbish?

Yale finance professor James Choi discusses his research on personal finance books and compares their advice with economic theory, exploring flaws in personal finance orthodoxy. They delve into topics such as the timing of savings, the hedonic treadmill, scolding in personal finance advice, the blind spot of social security income in finance books, and the rationality of saving while in debt.
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Jan 27, 2024 • 52min

The Rent is Still Too Damned High

This podcast discusses the rising cost of rent, the challenges of stagnant incomes, parental leave policies, and the popularity of certain wines. They also touch on the effectiveness of subsidies for homeless individuals and the correlation between parental leave policies and birth rates. The hosts explore the factors contributing to high rents and provide insights into the rental housing market in the US.

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