The Contrarian

Slate Money

Slate Podcasts

Investing, Business

4.1 • 1.1K Ratings

🗓️ 2 October 2021

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael are joined by Max Chafkin to talk about his new book The Contrarian. They get into the life and drama of Peter Thiel, insider trading, and the Ozy Media scandal. In the Plus segment: What will Peter Thiel do with all his money? Mentioned in the show: “Goldman Sachs, Ozy Media and a $40 Million Conference Call Gone Wrong” by Ben Smith “Most Americans Today Believe the Stock Market is Rigged, and They’re Right” by Liam Vaughan Email: slatemoney@slate.com Podcast production by Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In the hours after we recorded this episode on Friday, the Board of Ozzy Media issued a statement saying that the organization would be shutting down. Hello!
0:20.0	Welcome to the contrarian episode of Sleep Money,
0:25.0	Your Guide to the Business and Finance
0:27.5	News of the Week.
0:28.6	I'm Felix Simon of Axios.
0:30.0	I'm here with Emily Peck of Fundrise. Hello, hello. I'm here with Emily Peck of Fundrise.
0:32.8	Hello?
0:33.8	I'm here with Stacey Marie Ishmael of Bloomberg.
0:37.5	Hello, hello.
0:39.5	And we have a very special guest.
0:41.0	We have Max Chafkin also of Bloomberg. Welcome Max.
0:44.7	Hey.
0:45.7	Max is an editor at Bloomberg who edited a great story about corporate insider
0:51.8	trading. So obviously we're going to talk about that.
0:55.5	We are also all full-time employees of media organizations and so obviously we're going to talk
1:01.5	about the implosion of Ozzy.
1:04.7	Maybe we're not.
1:05.6	Maybe Emily works for a FinTech.
1:08.8	And so she's not a media person anymore.
1:11.0	Correct. But she's still a media person in her in her heart. I can see behind
1:16.3	her eyes. She's like yeah I'm a media person. So we're going to talk about Ozzy Media
1:21.0	which imploded this week. But mostly and most importantly we're
	...

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