Hey everyone, I’ve briefly returned (or more accurately, I’ll write posts when I have a free minute). I’ve kept joking this past year that the market could not get any stupider, and then it always seems to: Many people have some weird canard they like to ascribe to this regime shift, picking whatever the Boogeyman of the Day is - quantitative easing, stimulus checks, increased unemployment, you name it. I’m not really here to debate the macroeconomics of it all or figure out a way to trash social welfare programs, but I do think that the end result is fascinating. As I’ve discussed before, valuation can
NFTs, Liquidity, and the Attention Economy (…
Hey everyone, I’ve briefly returned (or more accurately, I’ll write posts when I have a free minute). I’ve kept joking this past year that the market could not get any stupider, and then it always seems to: Many people have some weird canard they like to ascribe to this regime shift, picking whatever the Boogeyman of the Day is - quantitative easing, stimulus checks, increased unemployment, you name it. I’m not really here to debate the macroeconomics of it all or figure out a way to trash social welfare programs, but I do think that the end result is fascinating. As I’ve discussed before, valuation can
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