Deglobalization and Other Narrative Violations, Feat. Geoff Lewis

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 27 May 2020

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The battle to control narratives is the battle to shape how people understand the world around them. But the traditional gatekeepers of narratives - the media - have never had more competition to shape what is perceived as truth. In this episode, NLW speaks with Bedrock Capital founder Geoff Lewis about what it means to seek out opportunities in “narrative violations.” They also discuss: Why de-globalization and “onshoring” are likely to be among the most important economic drivers in the U.S. in the coming decade Why the shift to working from home may be an overblown “narrative mirage” How important questions of institutional decay have been co-opted by the culture war Why independent, individuals in the media have more influence than ever Why we’re in a “narrative mirage recovery”

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome back to The Breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond.
0:12.0	This episode is sponsored by ArisX.com, the Stellar Development Foundation, and Grayscale Digital Large Cap Fund.
0:20.0	The Breakdown is produced and distributed by CoinDesk.
0:22.6	Here's your host, NLW.
0:27.7	Welcome back to The Breakdown.
0:29.7	It is Tuesday, May 26th.
0:32.1	And those of you who listen regularly know that I spend a lot of time thinking about
0:37.3	narratives. Narratives for me are the way
0:40.8	that we make sense of complex phenomena. They're the way that we orient lots of information and make
0:46.0	it make sense contextually. But narratives are a battleground. Narratives are constantly in flux,
0:52.8	and narratives, because they interpret the world
0:55.1	around us, different narratives offer different competing interpretations, and those tend to
1:00.7	create political battle. You see this all the time in the crypto industry, as people compete to
1:06.4	define and explain what's important and why and what people should spend their time on,
1:11.4	and ergo where people should put their investment within.
1:14.2	Narrative battlegrounds become the way that resources are allocated in some contexts like that.
1:20.0	I think about narratives all the time, and I'm excited to have a guest today who thinks about
1:24.8	narratives in a really unique way as well. My guest is Jeff Lewis.
1:29.0	Jeff was previously at Founders Fund where he led investments in companies like Lyft and is one of the
1:34.2	two founding partners of Bedrock Capital. When Bedrock Capital was announced in 2018, they announced
1:40.3	it with a letter that got a lot of attention for talking about narrative violations.
1:45.2	And effectively, their thesis was that instead of looking for companies that met the conventional
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.