The Only Sane Person In Crazy Town

The economy is starting to look a little unhinged. This week, Ricky and Malcolm dig into the risk-taking, leverage, and AI-fueled optimism making markets feel increasingly like crazy town. They discuss: • Why 52% of Gen Z investors surveyed say they’ve redirected money originally intended for investing into sports gambling, and why it's a dangerous shift. • Malcolm’s appearance on CNBC, where he found himself as the lone voice of caution in a room of market optimism. • Bill Ackman’s return to Netflix as an activist investor, Malcolm’s bullish case for the company, and why Ackman’s previous $400 million loss on Netflix complicates the story. • Reddit joining the S&P 500 and Ricky’s investment thesis that Reddit’s human conversations could become even more valuable to users, Google, OpenAI, and other AI companies. • The semiconductor boom, Cerebras’ volatile earnings reaction. • The strange new phenomenon in the AI boom that’s giving Malcolm uncomfortable echoes of the financial engineering that preceded 2008. • What South Korea’s leveraged semiconductor trade can teach American investors. If you enjoy thoughtful conversations about investing, markets, behavioral finance, and the economy, subscribe and join the conversation in the comments. #GenZInvesting #SportsBetting #MarginDebt #RedditStock #AIBubble #marketrisk Contact us: thistimepod@gmail.com We are proud to be in the Airwave Media network! Please contact advertising@airwavemedia.com if you would like to advertise on our podcast. Hosts: Malcolm Ethridge, Ricky Mulvey Engineer: Tim Sparks