Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work - podcast cover

Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work

Magnificent Noise x Richard Kramer x Will Pagebubbletroublepodcast.com
Bubble Trouble features conversations between economist and author Will Page and independent analyst Richard Kramer that lay out some inconvenient truths about how financial markets really work. Like the “boy who cried wolf,” financial markets have a peculiar tendency to repeat past mistakes and get themselves into “bubble trouble.” They party hard, drink too much of the Kool Aid, and wake up with a pounding hangover...only to do the same thing the next day. With tech dominating daily headlines and teenage traders driving stocks to unprecedented valuations, you might be asking “What’s really going on?” “What am I missing?” Imagine having a set of tour guides to tell you the “story behind the story” of the world’s largest tech companies, and how they bend - or break - the rules of economics.

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Episodes

Someone Else's Money

This time we discuss the most important subject of them all: money. More importantly, someone else's money. We'll get to the basics. Where does money even come from? (Repeat) Hosted on Acast. See acast.com/privacy for more information.

Sep 05, 202227 min

Stenographers and Sycophants

We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat) Hosted on Acast. See acast.com/privacy for more information.

Aug 29, 202227 min

Peak FOMO

We're back to blowing bubbles, the original source of this inspirational podcast, and we deep dive into the force that's driving markets to record highs. Peak FOMO, fear of missing out. (Repeat) Hosted on Acast. See acast.com/privacy for more information.

Aug 22, 202230 min

Achieving Presence: More Meta-Troubles with Seth Gerson

On this episode, we’re going to keep this deep dive on the metaverse going with another doer, not a thinker--a three-stripe veteran of the gaming industry whose career dates back to Sega in the early 90’s, Survios CEO Seth Gerson. We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information....

Aug 15, 202244 minSeason 1Ep. 53

Newspaper Subscriptions Versus Music Subscriptions

This week we talk about subscriptions, specifically how the subscription business model in newspapers struggles, while half a billion people are willing to pay subscription fees for music. We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information....

Aug 08, 202247 minSeason 1Ep. 49

Metaverse Perceptions versus Reality

This week we're gonna blow the halftime whistle on our travels into the metaverse on Bubble Trouble. Today Will quizes Richard: Is the metaverse the next big thing? Or are we back in bubble trouble? What's the perception and where's the reality. If Richard was at a casino sitting behind Zuckerberg, watching him put all his chips on metaverse, would Richard be leaning over and moving his arm in the same direction--or would he be thinking that this isn't gonna work out well? We’d really appreciate...

Aug 01, 202232 minSeason 1Ep. 52

Metaverse...Curb Your Enthusiasm with Eric Kress

This week we continue to deconstruct the metaverse with our brilliant Eric Kress of Gossamer Consulting Group, an independent research boutique that provides investors and industry clients with primary research on console mobile and other related technology companies. We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more information....

Jul 25, 202236 minSeason 1Ep. 51

The Metaverse and Virtual Experiences with AmazeVR's Ernest Lee

We’re going to keep this deep dive on the Metaverse going with a doer, not a thinker - someone with skin in the game, bacon not eggs! AmazeVR had longer queues at SXSW than any live band and there’s a reason for that: they are the real deal. We have the founder and CEO Ernest Lee. We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/privacy for more inf...

Jul 18, 202231 minSeason 1Ep. 50

Hyper-competition in Advertising with Mike Follett

On this episode, we're in conversation with our third special guest, the source of truth and the mad men and women of advertising, Mr. Mike Follett. The point where quantity goes up and quality goes down, we call that hyper competition, and certainly there's a lot of advertising competing for our time. (Repeat) We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See...

Jul 11, 202225 min

Meta-Troubles with guest Yoshio Osaki

This week, and in coming weeks, the Bubble Trouble team will turn our attention to the phase dejour, the bait of all click baits, the mother of all bubbles--the Metaverse. We’re going to begin this deep dive at the beginning and invite Yoshio Osaki, founder of the respected IDG Consulting group. We’d really appreciate if you could take just a few minutes to fill out our listener survey . Please visit survey.prx.org/bubble to give feedback on the show. Thanks! Hosted on Acast. See acast.com/priva...

Jul 04, 202234 minSeason 1Ep. 46

Crypto's Collapse

This week we salvage what's left of the crypto bubble and delve into the recent dollar devaluations of stable coins with our guest Kenny Estes, founder of Diffuse Digital. Hosted on Acast. See acast.com/privacy for more information.

Jun 20, 202239 minSeason 1Ep. 47

Dry Powder

Today we will not be powdering your nose, but be sprinkling our conversation with a little dry powder. That's cash or marketable securities that look like it's low risk and highly liquid and convertible to cash, but needs to be put to work. Hosted on Acast. See acast.com/privacy for more information.

Jun 06, 202229 minSeason 1Ep. 45

Shark Fins

This week we're going to be jumping the shark. That is we're going to be looking at why tech companies and their success, their growth, their user numbers often resemble a shark fin: how they scale up really fast, then taper off then fall really, really fast in a straight line all the way down. (Repeat) Hosted on Acast. See acast.com/privacy for more information.

May 30, 202229 min

Buy. Borrow. Die.

Today, we're treading deep in some chicken sh*t with Propublica investigative journalist Jesse Eisenger. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information.

May 23, 202234 minSeason 1Ep. 44

Muscles in Brussels

Recently, in the most European city of Brussels, there was mingling with the finest folks in competition law and economics. They were all trying to figure out if, and how, tech should be regulated. Will and Richard discuss. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

May 16, 202235 minSeason 1Ep. 42

Analyst Notes, The Black Art of Price Targeting, and Twitter with guest Aman Verjee

Today, we target those analysts notes that tell us what they think the price should be and how much faith we should put in that moving target. We have Aman Verjee who served as a VP of Paypal from 2002 to 2010 and was first to call out the price target fiasco behind Twitter's defense of Elon's hostile takeover. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

May 09, 202247 minSeason 1Ep. 43

Passing the Tech Ethics "Hot Potato" with Stephanie Hare

Today we wrestle with ethics and technology. Stephanie Hare's wonderful new book. Technology Is Not Neutral , gives us a much needed framework for thinking about how the technologies we interact with every day affect our moral lives more. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

May 02, 202241 minSeason 1Ep. 40

NFTs - They're Not For Me

Every March music, film and tech converge on this blue liberal island of Austin in a red Republican sea of Texas for the South By Southwest conference. This week, we'll get Will Page’s impressions of the bubbles gathering around that island and what tsunami warning horns ought to be blaring when we talk about NFTs. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Apr 26, 202236 minSeason 1Ep. 41

When Two Plus Two Equals Two

This week we explore the current craze in the mergers and acquisitions going on just now. And asking, do they actually create additional value? Or is it the case that two plus two does equal two? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Apr 18, 202226 min

The World Is Addicted to Easy Money with Chris Leonard

We've made quantitative easing easy-ish to understand, now we need to infiltrate the institutions that do that easing: the central banks with the award-winning New York Times journalist and author of the aptly titled best-selling book, Lords of Easy Money, Christopher Leonard. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Apr 11, 202238 minSeason 1Ep. 39

Finding Out What's Really Going On with guest Martin Peers

A lot of financial journalism about companies and markets lives and dies based on access. But what are other ways of finding out what's really going on? Joining us this week is Martin Peers, Senior Writer for The Information. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Apr 04, 202228 minSeason 1Ep. 38

Where Does Money Come From? with Michael McMahon

Today we bring on the sexy topics of fractional reserve lending and quantitative easing with Michael McMahon from the Bank of England and Oxford University. Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Mar 28, 202241 minSeason 1Ep. 37

Poor Standards

This week we look into rating agencies and ask: Why were they invented? What is their purpose? Who pays their wages? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information.

Mar 07, 202226 min

Culture Eats Strategy For Breakfast

With all the emphasis on hard metrics and financials, it's often easy to overlook the culture of companies and the role it plays in their success (or failure). Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Mar 02, 202234 minSeason 1Ep. 35

Paying Attention

This week we look at the vague way in which various groups have measured the concept of time spent or tried to parcel out the attention economy. How do you really measure attention, and even better, how do you measure the quality of attention or time spent in this attention economy? (Repeat) Visit https://www.bubbletroublepodcast.com/ for the transcript for this episode. Hosted on Acast. See acast.com/privacy for more information....

Feb 07, 202230 min
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