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Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)

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Manage episode 320351734 series 2575884
Content provided by Jim O'Shaughnessy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim O'Shaughnessy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Lily Francus is a risk theorist and a quantitative researcher at Moody’s. She is also the author of the ‘Midnight on the Market Momentum’ newsletter. Find Lily on her Twitter at https://twitter.com/nope_its_lily and read her newsletter at https://nopeitslily.substack.com Jesse Livermore is an OSAM research partner and a recurring guest at Infinite Loops. You can connect with him on Twitter at https://twitter.com/Jesse_Livermore and read more about his work at http://www.philosophicaleconomics.com/ Show notes:

  • Why all the recent focus on bubbles?
  • How the era you grow up in shapes your investment philosophy
  • Intrinsic and Extrinsic value
  • How leverage impacts pricing
  • What is a bubble? And how to identify if you’re in one
  • Role of uncertainty in arbitraging
  • What makes a bubble pop
  • How bubbles set a new floor price
  • Do we have enough short sellers?
  • Time arbitrage
  • Information arbitrage in a hyper-connected world
  • Are we currently in a financial bubble?
  • Implications of pseudonymity
  • Is there a free will?
  continue reading

238 episodes

Artwork
iconShare
 
Manage episode 320351734 series 2575884
Content provided by Jim O'Shaughnessy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim O'Shaughnessy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Lily Francus is a risk theorist and a quantitative researcher at Moody’s. She is also the author of the ‘Midnight on the Market Momentum’ newsletter. Find Lily on her Twitter at https://twitter.com/nope_its_lily and read her newsletter at https://nopeitslily.substack.com Jesse Livermore is an OSAM research partner and a recurring guest at Infinite Loops. You can connect with him on Twitter at https://twitter.com/Jesse_Livermore and read more about his work at http://www.philosophicaleconomics.com/ Show notes:

  • Why all the recent focus on bubbles?
  • How the era you grow up in shapes your investment philosophy
  • Intrinsic and Extrinsic value
  • How leverage impacts pricing
  • What is a bubble? And how to identify if you’re in one
  • Role of uncertainty in arbitraging
  • What makes a bubble pop
  • How bubbles set a new floor price
  • Do we have enough short sellers?
  • Time arbitrage
  • Information arbitrage in a hyper-connected world
  • Are we currently in a financial bubble?
  • Implications of pseudonymity
  • Is there a free will?
  continue reading

238 episodes

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