34 episodes

The mechanics and workings of finance, money, and cryptocurrencies

Fat Tailed Thoughts Jared Klee & Steven Dickens

    • Technology
    • 5.0 • 6 Ratings

The mechanics and workings of finance, money, and cryptocurrencies

    #31 - Payment for Order Flow

    #31 - Payment for Order Flow

    Today's discussion is on payment for order flow. Ever wonder why stock trading on Robinhood and other brokerage platforms is free? They're selling your orders to third parties like Citadel and Virtu. It's free because we're the product. The SEC is proposing new rules that would effectively end the business model as we know it, but the changes introduce their own challenges that may be even worse for investors.

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    Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 33 min
    #30 - Baby Formula Shortage

    #30 - Baby Formula Shortage

    The US faces a crisis level shortage in baby formula. It's a story of good legislative intentions gone wrong. In our haste to subsidize families in need, we distorted the market and created a fragile industry. In retrospect, the only surprise is that it took this long to fail. We explore why the baby formula market is in crisis, what is being done to bring baby formula to market now, and how we might avoid such a crisis in the future.

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    Join the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 34 min
    #29 - Algorithmic Stablecoins, A Terrable Idea

    #29 - Algorithmic Stablecoins, A Terrable Idea

    Terra blew up. Runs followed on other algorithmic stablecoins and many followed suit. Little about their failure was novel. They all implemented models we've seen fail before with fiat. We explore why they failed, how this could have been avoided, and consider the path forward for regulation.

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    Check out this week's letter for the full story. Join the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 35 min
    #29, The After Show - Algorithmic Stablecoins, A Terrable Idea

    #29, The After Show - Algorithmic Stablecoins, A Terrable Idea

    Jared rants about fraud in crypto. Steven tries to reign him in. It mostly goes off the rails.

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    Check out this week's letter for the full story. Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 26 min
    #28, The After Show - Buy Now, Pay Later

    #28, The After Show - Buy Now, Pay Later

    Welcome to the Fat Tailed Thoughts After Show! This is a more free flowing, less serious discussion of the episode. We discuss Buy Now, Pay Later... mostly.

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    Check out this week's letter for the full story. Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 24 min
    #28 - Buy Now, Pay Later for Everything

    #28 - Buy Now, Pay Later for Everything

    Today's discussion is on Buy Now, Pay Later (BNPL). BNPL is a novel alternative to credit card debt that's grown dramatically in recent years. We discuss how BNPL makes money, the impending regulatory crackdown, and why the enthusiastic reception by consumers and businesses alike begs a lot more attention. Please enjoy this breakdown of buy now, payer later.

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    Check out this week's letter for the full story. Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.

    For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.

    Stay up to date on all of our content by joining the Fat Tail Thoughts letter at fattailedthoughts.substack.com.

    • 32 min

Customer Reviews

5.0 out of 5
6 Ratings

6 Ratings

rigrigrigmarole ,

Complex Ideas Distilled

Takes complex ideas that you pretend to understand and… actually helps you understand them. Great!

mwpaulis ,

Fun

Entertaining and educational coverage of a subject area (finance) that can be difficult to absorb. Jared

Kleebeeeeeeeeee ,

LOVE this new podcast!!

An excellent breakdown of a complex subject - finance - in a highly intelligent, funny, and digestible manner.
Jared is a fantastic teacher and Steven is an excellent host. These two could make any subject fun and interesting!!
Suitable for anyone who is interested in finance regardless of your level of expertise- whether you’re a beginner, an expert, or somewhere in between. Can’t wait for the next episode!