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The David McWilliams Podcast

Investor or Speculation? Tech, market madness & the cost of mistakes

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 22 December 2020

⏱️ 52 minutes

🧾️ Download transcript

Summary

Technology changes the world - but not everyone who bets on technology wins. With the recent boom in tech IPOs we take a look at what the market with the help of FT’s John Thornhilll and explore a short history of market mania, from AirBnB, to canals, railways, Irish Navies, Homer Simpson plus a cameo from Ken Clarke late night in bar in Hong Kong Halloween night 1997. A few thoughts on global monetary policy too! What’s not to like?

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Transcript

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0:00.0

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0:11.0

From 4K cameras to award-winning doorbells, Arlo captures everything through one powerful AI system, Arlo Secure, because a watched over space is a safer space.

0:21.3

Arlo, 10 years of innovation in one powerful security system.

0:26.4

Find out more and get conditions at arlo.com.

0:34.8

What in the world is happening on Wall Street?

0:37.1

Economic indicators. Who knows where this is going on Wall Street? Economic indicators.

0:38.8

Who knows where this is going to end up?

0:40.8

To understand the economy, you have to understand human nature.

0:46.9

This podcast is powered by ACAST.

0:52.9

How are you doing there?

0:54.4

It's David.

0:55.3

It's podcast time.

0:56.2

You know the drill?

0:57.2

We're trying to make economics.

0:58.3

And man,

0:58.7

such a year.

0:59.8

We're trying to make it a bit more comprehensible,

1:01.8

a bit more realistic,

1:03.2

and hopefully a little bit more germane to your life.

1:08.2

It has been a very, very strange year because we're nearly there at the Christmas

1:13.4

for economics. I'm joined by the head himself. What's the crack man? It's all good. It's only another

1:19.1

three or four more sleeps to Christmas. Hopefully it's three because if it's four,

...

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