{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Enterprising Investor","title":"The Trouble with Stock Market Bubbles","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/043567d6\"></iframe>","width":"100%","height":180,"duration":2262,"description":"David DeRosa, author of \"Bursting the Bubble: Rationality in a Seemingly Irrational Market,\" a new monograph from the CFA Institute Research Foundation, discusses his conclusions on whether speculative bubbles exist in the stock market. ▶️ Subscribe to the Take 15 Podcast YouTube channel:  https://www.youtube.com/channel/UCA3HUMuK4FSp_CvQH_2Ji7g?app=desktop 📃Transcript: https://cfainst.​is/3bGIAUP 📧 Email us for comments, questions, or appearance requests:Take15podcast@cfainstitute.org ___________________________________________________________________________ Episode Breakdown: 1:35 David talks about the journey of writing his book 3:55 Are there no bubbles? 7:31 If they're not bubbles, what do you call them? 8:48 Why David believe the Dutch Tulipmania was not a bubble 11:32 John Law 14:17 David taking issue with some of the most famous people in the field, specifically Robert J. Shiller 21:40 David talks about bitcoin 24:35 Is there a bubble brewing in NFTs? 26:25 Explaining the .com and housing \"bubble\" 30:35 Wrap-up questions - Ray of sunshine question: one positive long-lasting change David hopes to see as a result of the pandemic - One item David would take with him on a NASA flight - Flight v. Invisibility? ___________________________________________________________________________ Related articles and links: Monograph: https://www.cfainstitute.org/en/research/foundation/2021/bursting-the-bubble The book \"Extraordinary Popular Delusions and the Madness of Crowds\" by Charles Mackay: https://www.simonandschuster.com/books/Extraordinary-Popular-Delusions-and-the-Madness-of-Crowds/Charles-MacKay/9781625585011 Book of photographs from Ancient Egypt: https://www.amazon.com/Images-Ancient-Egypt-David-DeRosa/dp/1364927071 ___________________________________________________________________________ Find Lauren here: LinkedIn: https://www.linkedin.com/in/lauren- foster/ Twitter: https://twitter.com/laurenfosternyc","thumbnail_url":"https://img.transistorcdn.com/WKG3IJtNw7KBiLUP6vgYj4nQNwbiQzLC4rwA48usFcs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ODZi/ZDQ2Yjg3NDk2YTM4/NTk3MGIwNzZjYWMy/ODAxNi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}