In this episode of The Liquidity Event, Shane and guest host Ed Z cover everything from Nobel laureates disappearing into the woods to Italy's flat-tax paradise for the ultra-rich. They unpack why more working-class Americans are turning to the stock market, debate whether democratized investing is empowerment or gambling, and answer a listener question about why companies are staying private longer. The duo also tackles Reddit's $750,000 cash conundrum, the truth about life insurance "wealth hacks," and end on chess, broken office chairs, and the art of tax-season survival.

Timestamps:
(00:00 ) Shane's office chair falls apart — chaos at tax day HQ.
(02:00 ) Meet guest host Ed Z
(04:15 ) Disney planning with AI — Shane and Ed test ChatGPT's travel agent skills
(06:30 ) The government shutdown, Epstein theories, and suit shopping with AI
(07:25 ) Nobel laureate goes missing — why geniuses love the woods
(09:30 ) Italy's "La Dolce Vita" flat-tax scheme for the ultra-rich
(13:00 ) Corruption, $1 Italian homes, and Shane's mafia jokes
(15:00 ) The working class joins Wall Street — Robinhood, risk, and returns
(19:00 ) Why democratizing investing is both thrilling and terrifying
(20:00 ) Listener question: why aren't companies going public anymore?
(24:00 ) Private money, long horizons, and the rise of private equity ETFs
(26:30 ) Reddit question: what to do with $750,000 in cash
(29:00 ) Life insurance "wealth hacks" and why caps on returns are a scam
(31:30 ) Chess, Fabiano Caruana, and why Shane's the only spectator in St. Louis

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