Chapter
The Potentially Fraudulent Operations of FTX and Sam Bankman-Fried
48:21 - 55:51 (07:29)
The podcast discusses the potentially fraudulent operations of FTX, including instances of bribery and defrauding investors. However, it also acknowledges that value creation is likely occurring in the organization.
Clips
Michael Lewis discusses his thoughts on the FTX saga and states that waiting for long-form journalism pieces to come out is more interesting than following the day-to-day developments.
48:21 - 50:47 (02:25)
Summary
Michael Lewis discusses his thoughts on the FTX saga and states that waiting for long-form journalism pieces to come out is more interesting than following the day-to-day developments.
ChapterThe Potentially Fraudulent Operations of FTX and Sam Bankman-Fried
EpisodeAndrew Wilkinson: The Hardest And Easiest Businesses To Start
PodcastMy First Million
The speaker discusses how bribery and other forms of corruption could exist within an organization whose primary objective is to make quick money with little to no value creation.
50:47 - 53:05 (02:18)
Summary
The speaker discusses how bribery and other forms of corruption could exist within an organization whose primary objective is to make quick money with little to no value creation. He also talks about the potential impact on investors and the likelihood of getting away with such fraudulent activities in small-scale operations.
ChapterThe Potentially Fraudulent Operations of FTX and Sam Bankman-Fried
EpisodeAndrew Wilkinson: The Hardest And Easiest Businesses To Start
PodcastMy First Million
The trend of investing in trendy stocks such as marijuana or fake meat can lead to a cycle of financial gains and losses, ultimately negatively affecting the employees and the company itself.
53:05 - 55:51 (02:45)
Summary
The trend of investing in trendy stocks such as marijuana or fake meat can lead to a cycle of financial gains and losses, ultimately negatively affecting the employees and the company itself.