When Capital Flows Trump Fundamentals

Published on
June 18th, 2019
Duration
7 minutes

When Capital Flows Trump Fundamentals

Tech Trends ·
Featuring Josh Wolfe and Michael Green

Published on: June 18th, 2019 • Duration: 7 minutes

Josh Wolfe of Lux Capital joins Michael Green of Thiel Macro to talk about the consequences of a shifting market balance between active and passive management. Wolfe argues that capital flows are now more important to the market than the fundamentals of the individual securities. This clip is excerpted from a video published on Real Vision on March 15, 2019 entitled “Robotics Successes and VC Madness.”

Comments

Transcript

  • BA
    Blair A.
    2 November 2019 @ 02:56
    Seems like Venture Capital zombies will be the catalyst to next market waterfall race for liquidity. Wework is the big signal but will probably take a while to reverberate thru the industry. Meanwhile CEO Adam Neumann escapes with $700Million plus and SoftBank is its own bagholder. Good thing Gavin Newsome and Eric Garcetti In LA have legalized leaving feces on the streets of California.