Claim OwnershipSosnoff / Ratigan - Truth or Skepticism from tastylive
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Tom Sosnoff and Dylan Ratigan reunite for a weekly podcast, ranting on everything from sports and investing to politics and monetary policy.
221 Episodes
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Tenure is unique to academia. Teachers are afforded protection once granted tenure so they can research and discuss topics that might otherwise jeopardize job security. However, there is an unintended consequence that needs addressing. That is, when teaching jobs are protected, does it end up keeping out fresh blood with new ideas? On this week's episode, Tom and Dylan discuss tenure and whether it functions as intended.
The FTC recently ruled noncompete agreements can no longer be used for employees making less than $151K in non-senior leadership roles. On this week's episode, Tom and Dylan debate noncompete agreements and if they should be used. Is there a case for companies using them after making an investment in an individual? Or does a noncompete just trap people in a job they don't want? Tune into this week's episode and hear Tom and Dylan's respective takes as well as discuss why fewer and fewer companies are opting to go public.
We're unique. Or maybe special is a better way of putting it. Unconventional. We take the other side of what the general public thinks, says or does. It's not just about trading, it's a way of approaching life. Does it offer any advantages? We aren't really sure but it works for us and it's gotten us this far. On this week's episode, Dylan challenges Tom's philosophical approach to trading and life. Also, frankendogs.
Was it a single shooter that killed Kennedy or were there more? What about the moon landing? Conspiracy theories have and always will exist. Improvements in technology mean even the most insane and destructive ideas can reach a wide audience and generate profits. Alex Jones is the poster child for that type of exploitation. At the same time, technology is what allows us to quickly disprove those types of people. On this week's episode, Tom and Dylan discuss conspiracy theories and how they play out in the market.
If Patrick Mahomes were told the most money he could make playing football is $1 million, would he quit? If a net worth limit were imposed, what would be the repercussions? There's an argument to be made that the pursuit of money has diminishing returns. It doesn't lead to greater happiness. It does create wealth inequality and inflation. A new socioeconomic theory is emerging that some sort of net worth limitation may improve society. Does the idea have merit? Tune in to hear Tom and Dylan debate the concept.
Last week, news was made when a quadriplegic man with a chip implanted in his brain allowed him to manipulate the chess pieces on a computer game. Moving the pieces on a chessboard are one thing, but the implications go far beyond games. The potential for what these chips can do is virtually unlimited. That may seem fantastic in some instances, but what are the implications? What kind of personal control would be sacrificed? Tune in this week as Tom and Dylan debate the future of human chipping.
'The Front Page of the Internet' and the potential strengths and drawbacks involved in Reddit's upcoming IPO. On this week's episode, Tom and Dylan debate being bullish on the 'the best social media app, pound-for-pound' and if it's justified bringing new players to the table.
For many college graduates, they enter the workforce and are unable to land a job related to their field of study. The jobs they end up with often pay less. Starting out earning less than their potential sets them on a lifetime path of under-earning relative to their potential. In many instances, these graduates are also saddled with student debt. It's fair to ask if the cost of a college degree is actually worth it. Tom and Dylan debate the value and necessity of a college degree on this week's episode
You have to take risk to make progress or be successful. One of the unique aspects of success in the business community is the reliance it creates. Companies like Facebook, Google and X are incredibly successful in the social media space. The bring a utility billions of people are using. The flip side to that is, if any one of those companies is hacked or goes down for some reason, the repercussions are exponential. It's single point of failure risk. Is that just a function of how success works or is it something deserving of more concern? Tom and Dylan debate that on this week's episode.
When politicians buy options or stock and those trades are profitable, it's natural to wonder if they are trading on non-public information and gaining an unfair advantage. Sure, there's an argument to be made legislators should trade so they understand markets. But if trading and understanding leads to the appearance of impropriety and a corrupt government, is it worth it? Tune into this week's episode to hear Tom and Dylan hash it out.
There is no place in life where being passive leads to success. Finance is no different. However, there are plenty of people out there who will tell you different. Who will tell you it's too hard. Who will tell you financial media is going to hurt your finances. The truth is a little different because at a minimum, financial media generates engagement. It leads to discussion and hopefully, further learning. Tom and Dylan discuss the role of financial media on this week's episode.
Artificial intelligence is improving at a pace we can no longer really control. It's evolution on steroids. Today, there are companies that can use publicly available information to replicate your thoughts. Want to have dinner with John Kennedy? No problem. Want to know what Abraham Lincoln thinks about the state of our politics? Just ask. But what about when replications are used to manipulate? This week, Tom and Dylan discuss the future of AI and if it's a positive development or a threat.
Tom Sosnoff and Dylan Ratigan dissect Elon Musk's recent legal tussle, in which he sought a hefty share compensation from the Tesla board, a request promptly dismissed by a discerning judge. Despite their typical pro-innovator stance, Tom and Dylan agree with the judicial decision. Delve into this episode of Truth or Skepticism to unravel their compelling rationale.
There's a perception out there that individual self-directed investors need to be protected from themselves. Take the recent bitcoin ETFs. Mainstream media is saying individual investors got left holding the bag. But did they? The truth is investors have been long bitcoin for year and used the ETF launches to take profits. Also this week, are regulations simply a derivative of bull and bear markets? Calls for more regulations always come in bear markets. In bull markets, no one wants more regulation but regulations don't have a material effect on bull markets. This week, Tom and Dylan cover bitcoin and regulations.
If you invest in a company because you believe in the founder, are you investing in a company or are you investing in the person? Take it a step further. Imagine that founder comes back and says they have another business idea and want more money or else they'll develop the new business on the side. Is that blackmail or is it a fair ask? That's the current situation with Tesla and Elon Musk. Elon is asking for a new compensation package, otherwise he's going to develop some of his other business ideas, like AI, outside the ecosystem of Tesla. On this week's episode, Tom and Dylan discuss whether Elon is setting a dangerous precedent or if he's entitled to ask for greater compensation.
Is social media really a threat or is it just a scapegoat? Each generation thinks the next generation is being dumbed down by media consumption. Social media is the most recent battlefield. There is evidence that social media is addictive and has the ability to affect decision making as a result of curated feeds. On this week's episode Tom argues social media is no more a threat than television. Dylan has a different take. This and more on this week's Truth or Skepticism.
We all like a good story. There's nothing wrong with that. However, when we trust the story at the expense of the facts, we have a problem. Markets are the ultimate deciders. The information available in a liquid marketplace ultimately gets parsed down, resulting in prices reflective of true value. Outside of the market; however, facts have become disputable. When that happens, it becomes hard to value anything. Check out this week's episode to hear Tom and Dylan discuss the role of facts in the marketplace and beyond.
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Interesting thought on the bond market, but I agree with Dylan, no way the Fed doesn't buy as much paper as necessary to prop up the bond market in the near term.
UBI would be useful for times like this. On point where you say that folks who are likely to spend more have small checkbooks. This will contribute to the deterioration of small businesses in rural America
idiocracy