Today’s Animal Spirits is brought to you by AcreTrader and Composer:
See here for more information on AcreTrader and here for AcreTrader disclosures
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On today’s show we discuss:
- FTX Held less than $1B in liquid assets against $9B in liabilities
- FTX’s balance sheet was bad
- FTX balance sheet, revealed
- FTX tapped into customer accounts to fund risky bets, setting up its downfall
- SBFs FTX empire faces US probe into client funds
- Sequoia on FTX
- It’s Ok to build wealth slowly (AWOCS)
- Tiger Global slashes value of private tech bets by billions
- The classic 60-40 investment strategy falls apart. “There’s no place to hide.”
- 50 years later, Burton Malkiel hasn’t changed his views on indexing
- Radium Payments
Listen here:
Recommendations:
- Don’t Worry Darling
- Kiss Kiss Bang Bang
- Righteous Prey by John Sanford
- RRR
- Yellowstone
Charts:
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