Max Wiethe (The state of financial industry and financial media)

• 00:03:30 What regulation should we employ in the financial industry? Does it make us more safe?
• 00:10:57 How Max got into his current career and what he has learned from his interviewees.
• 00:17:01 Is the world going crazy? Is the 'attentionalism' already changing people and is the financial industry a good showcase for this? Is 'career risk' actually the most important part of financial decision making? How should 'risk taking' work in the financial industry?
• 00:27:00 What is the state of financial media? Why is holding up better than other parts of journalism?
• 00:36:01 Which opportunities are available in the finance sector? Are entrepreneurial opportunities in other sectors of the economy really harder to come by than a few decades ago?
• 00:41:16 Will machines take over everything but marketing and sales? Are humans competitive vs. machines in terms of making complex decisions?
• 00:56:16 Will we see the 'rise of independent curators' in the financial industry?
• 01:10:30 Have preferences for earning money changed? Is quality of life more important than high earnings?
• 01:20:11 Will exploring new planets (and the possibilities of discovering assets) change the society on earth forever?

 

You may watch this episode on Youtube - Max Wiethe (The state of financial industry and financial journalism).

Max Wiethe is an editor and journalist at Real Vision where Max hosts a weekly series of interviews with financial industry heavyweights.

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I actually saw something yesterday, a guy who was talking about like, go on zero hedge and there are articles that are promoting stocks. And he actually, he said back in the 80s, he got a call or his dad got a call from basically a boiler room broker telling him that it was the height of Billy Crystal, if you know the comedian Billy Crystal, his career, he said, this company is making the next Billy Crystal movie and got him to invest $2,000 and he ended up losing all of his money. Not a ton of money, but in the 80s, $2,000 was a good chunk of money and he was basically saying these websites where you can promote a stock and then they'll just have a little disclaimer down at the bottom, it's like so and so may have received compensation to write this article. Like that's the same guy as the people in the Wolf of Wall Street who were calling you and saying like, I've got Aerotine international investment and like when you see it on a website, it doesn't feel like it's a broker because it's not a broker, but that person is being compensated to w