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Sept. 12, 2024

E45: Efficient Market Hypothesis, Missing Billionaires, and Digital Currencies

E45: Efficient Market Hypothesis, Missing Billionaires, and Digital Currencies

This week, Byrne and Erik discuss the efficiency of market hypothesis, explores the complexities of breaking up big tech companies, unpacks the intriguing dynamics of currencies from nations to video game gems and more.

This week, Byrne and Erik discuss the efficiency of market hypothesis, explores the complexities of breaking up big tech companies, unpacks the intriguing dynamics of currencies from nations to video game gems and more.


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RECOMMENDED PODCASTS:

🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937

Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz

YouTube: https://www.youtube.com/@ThisWontLastpodcast


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LINKS:

Byrne’s writing: https://thediff.co

Big Tech as a Fleet Rather than an Aircraft Carrier: https://www.thediff.co/archive/big-tech-as-a-fleet-rather-than-an-aircraft-carrier/

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X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)


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TIMESTAMPS:

(00:00) Intro

(00:20) Market efficiency

(02:33) Big tech's strategic investments

(12:11) Efficient market hypothesis

(16:52) Big tech as a fleet

(27:16) Sponsors: Babbel | Brave

(29:42) Role and impact of currencies

(39:03) Concept of personal tokens

(43:17) Diversification vs. Concentration in investments

(50:09) Pod model in hedge funds

(54:25) Wrap