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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Michael and Dave discuss NASDAQ's initiative to tokenize all securities and the implications for traders. They discuss:
- What tokenization is and what that means for equities
- How it affects settlement and paves the way for 24/7 trading
- Prediction markets and positive externalities of betting ("Betting is a tax on bullsh*t.")
- Dave proposed a bet to Michael based on the volume traded in the opening and closing crosses in the future
And much more...
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Before you go!
If you're a trader and interested in backtesting and automating your trading strategy and don't know where to start, I want you to stop what you're doing and head on over to davemabe.com to sign up for my free backtesting email course.
I hope to see you there!
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