Meme Stocks, Reserve Currencies, and the Case Against Home Ownership

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  • čas přidán 24. 07. 2024
  • On this week's episode of The Riff, Erik and Byrne talk about meme stocks, the nature of reserve currencies, and why you should consider not owning a home in America. beehiiv: Head to Beehiiv.com and use code "MOZ" for 20% off your first three months.
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    This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture - all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors - if you think that might be you and your company, email us at erik@turpentine.co.
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    Timestamps:
    (00:00) Intro
    (00:27) The case against home ownership
    (06:07) The U.S. Dollar as a reserve currency
    (17:49) Sponsor: beehiiv
    (18:59) Colluding in the oil industry
    (24:57) Meme stocks
    (27:40) Why it's hard to copy Renaissance Technologies
    (36:40) The shutdown of Weiss Multi-Strategy
    (40:16) Alternative financial histories
    (45:46) How NewBank attracts talent
    (49:46) App store dynamics
    (52:17) Optimal financial education
    (56:59) Investing in people
    (01:01:28) Wrap
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    LINKS:
    Byrne’s writing: thediff.co
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    X / TWITTER:
    / eriktorenberg (Erik)
    / byrnehobart (Byrne)
    / turpentinemedia (Turpentine)
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    For guest or sponsorship inquiries please contact Sam@turpentine.co

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