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Masters in Business

Winning the Degenerate Economy with StockTwits CEO Howard Lindzon

Masters in Business

Bloomberg

Entrepreneurship, Investing, Business

4.42.2K Ratings

🗓️ 8 May 2026

⏱️ 90 minutes

🧾️ Download transcript

Summary

Barry speaks with Howard Lindzon, co-founder and CEO of StockTwits, and founder and managing partner at Social Leverage. They discuss his outlook for venture capital investing including what he sees as potentially profitable from human behavior. 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of you understand what others miss.

0:22.3

Get the money side of the story.

0:25.3

Subscribe now at Bloomberg.com.

0:34.8

Bloomberg Audio Studios, Podcasts, Radio News.

0:43.1

This is Masters in Business with Barry Rittoltz on Bloomberg Radio.

0:47.4

This week on the podcast, strap yourself in for a banger.

0:52.1

I welcome back my old friend, a degenerate gambler, Howard Linson.

1:09.0

We talk about stock twits, about social leverage, about his early investment in Robin Hood, about why he's concerned about the degeneracy economy between meme coins and end-of-day options and parlayes.

1:12.9

He's concerned about what the next generation is doing. I thought this conversation was hilarious, and I think you will also. With no further ado, my sit down with the

1:18.8

one and only Howard Lenzhen. Wow. If only my kids could hear that. I know. They think you're

1:24.9

just an old man. They haven't. They win. Show, use the finger and ask for pity. Surgically reattached. Surgically reattached is the lesson

1:35.8

of how lucky we are. We're just, I've lived without acute pain. Like, first of all, when I

1:43.1

when I cut it off, it's amazing how many people do do that. Was it still dangling on or was it severed completely? You pick it up, you call 911 and you go, as a Jew, I wasn't sure if I boil it or freeze it. So that was the question I asked 911 because this never happened. Well, as a Jew, you're only supposed to take the tip off. I don't know if you cook it. I don't know if you freeze it. It's like lobster. So the woman on 911 said, please don't bleed out. I go, that is not helpful right now. As luck would have it, I live on Coronado. Good advice. Yeah, good advice. I'm like, the one time I got to call 911, I go, let's not talk. Get me a machine over to my house. Get me a robot. So living in Coronado is a magical place you've been there. A couple of times. And the great news about Coronado's, Navy Bay's Navy Seals are there. It's like it's the greatest place. They have a hospital right there? They do, but I'm saying there's cops and firemen everywhere.

2:39.4

Right. So literally as I'm dialing 911, it's like they knew I cut my finger off. So as a miracle would have it, the young, I've never really had to be in an ambulance.

2:51.9

So again, I'm lucky.

2:53.6

And they took me off Ireland because they found a hand surgeon who turned out to be 30 years old, which freaked me out.

...

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