Animal Spirits: IPO Mania

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We discuss:

  • The Airbnb & DoorDash IPOs
  • Similarities and differences between now and the 1990s dot-com boom
  • Why IPOs rise so much on the first day of trading
  • Do these prices make sense for tech stocks?
  • How big can Airbnb get?
  • What puts an end to all the speculation?
  • Will 2021 be a better year for low wage earners?
  • YOLO structured notes
  • Why the vaccine is our moon landing
  • Disney should open their own movie theaters
  • How big is Stripe going to be when it comes public
  • The best movie ever made and more

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