A Broken Market is Still Right Twice a Day

Skippy and Doogles Talk Investing

The episode kicks off talking about how the world keeps moving faster and faster, and what that means for tech and economics (a new book "Exponential" hits on this in more detail). To continue the book review, Skippy brings up the book "The Art of Nonconformity" and get a crack out of its list of 11 things to do if you want to be unremarkably average. They then discuss how the market has transformed from one of risk taking (which is always present in investing) to risk seeking. The episode wraps with chat about how lower and lower interest rates might be a negative macro indicator on American society, and the self-reinforcing nature of inequality when it comes to wealth.