Doogles is excited about the optimism that Jason Zweig brings in a recent Wall Street Journal article, and then Skippy rains on his parade. Skippy recaps some analysis on a YOLO portfolio that bought money losers at the end of 1999. Doogles is upset about people calling TerraUSD a blue chip investment. Skippy is angry about the mismanagement of Peloton. The episode wraps discussing how SPACs are completely falling apart, and Michael Moritz's take on the tech rout.
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