Investors aren't dumb. They just are learning, right? There's hundreds of millions of people that have been onboarded since COVID, to this game that is the market.

So we can assume too and think. It's never been a better time to start investing. It's never been a harder time to stay invested.

They call him the Larry David of investing, but Howard Linson has spent 20 years being right about things before they were cool.

From the cash tag to the rise of Robin Hood in 26, he's watching the degenerate economy go mainstream through prediction markets and AI. CEO of Stockwoods joins us now. Howard Linzon, welcome to the show. It's a good intro. That was a good one, right? I wrote it myself. Thank you. All right, I mentioned the degenerate economy. Just kind of lay a foundation for us. What does the degenerate economy mean in26? Well, we used to have the sin economy, which was tobacco and booze, maybe guns.

And now we've, like anything in this world,

we've taken it to the next level,

probably free time, the cloud, app store, phones.

So what degenerary economy is,

is just this next stage of this, from

cigarettes became vaping, casinos became draft kings, draft kings became prediction markets,

e-trade, not a big jump to become Robin Hood, but the mobile phone, etc. And so there's this

huge economy, I don't mean to degrade it, because I live it,

that has been built, you know, CME, NYSC, well that's the same, CME, NYC, CBOE.

They're in the degenerate economy. They're the market makers. They're the

market makers. Thank goodness they exist for this economy. But then you have Philip Morris,

which is back because of Zen.

You have Coinbase, Robin Hood. So Uber, DoorDash. These are things that our kids live on.

I have two degenerates myself, 26 and 28. They're not bad kids. They're great kids. But they live

in this economy. So it's a little bit different for everybody. So it's more of a catch-all that's caught on, but I don't think it's a negative term, but like any economy, there's, it could be good, bad, and ugly. And that's the degenerate economy as well, and we're seeing it. We're seeing all kinds of bad behavior and we're seeing all kinds of excess supply. So that's the economy.

One of the great things about Stocktwits

is you have 20 years now of out of sample data.

And you have whoever were the degenerate equivalence

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