
How Vince McMahon built an entertainment empire
Explicit content warning
08/10/23 • 55 min
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
Previous Episode

William Bernstein on stocks, bonds, and the economy
These are confusing times for the economy and for financial markets—and for the relationship between the economy and financial markets.
At the moment the economy is doing well. The labor market is still creating hundreds of thousands of jobs each month. Unemployment is low. Inflation has come down over the past year. And economic growth has been stronger than a great many economists and others had forecast heading into the year.
But that’s just how the economy is doing right now. What about six months from now? Or a year? Forecasting is always hard, and it may well be impossible. But economists sometimes look at “leading indicators” that are meant to give at least a sense of where the economy is headed. And some of those are flashing red, suggesting we might be headed for a recession in the near future. Then again, those same indicators have looked bad for a while now, and still the recession is nowhere in sight, so who knows.
Meanwhile, look at the US stock market. It collapsed last year. But it’s come roaring back this year—and this despite the Federal Reserve continuing to raise interest rates aggressively. Is the stock market now overpriced, too expensive? Is it underpriced, a good time to get in? And what happens if we do go into recession?
What about bonds and other markets? What happened to crypto and all those meme stocks?
Returning to the show to discuss all this and more is William Bernstein. Bill is the author of no fewer than three of Cardiff's favorite books on finance and the economy, including “The Four Pillars of Investing”, which just came out in a second edition roughly two decades after the first. It has all new updated information, data, and charts, plus the lessons learned in the intervening years.
Related links:
Hosted on Acast. See acast.com/privacy for more information.
Next Episode

Malcolm Gladwell's Next Chapter
Last summer, Cardiff interviewed Malcolm Gladwell for another podcast that he hosts called The Next Chapter, by American Express Business Class.
On that show, Cardiff interviews bestselling book authors (like Gladwell) to find out what they’ve been up to since their earlier book was published, and to learn what they would add to it now that some time has passed—hence the “Next Chapter” of the title.
And in the case of Gladwell, what he’s been up to in the last few years is podcasting. Specifically, he co-founded Pushkin Industries, a podcast production company for which he hosts his own excellent show, called Revisionist History, and has written an audiobook, The Bomber Mafia.
As it happens, Gladwell and Cardiff have the same favorite dead economist, Albert O Hirschman. And since Hirschman comes up a few times in their chat, and because the chat also covers a number of fascinating economic themes generally, it's the perfect episode to also air on The New Bazaar. The chat was recorded at Gladwell’s offices in Hudson, New York, last year.
And if you like the episode and want to hear more of these interviews, please consider subscribing to The Next Chapter on your podcast app of choice. There you'll find other interviews hosted by Cardiff with guests like Adam Grant on how to think creatively; David Epstein on why it’s good to be a generalist; Susan Cain on introversion; and Mashama Bailey and John O Morisano on entrepreneurship and partnership in business.
Here's a few places where you can find the show:
Spotify: https://open.spotify.com/show/4ILMYVnqfO0g9aVkFFqfa2?si=4eef0597c6f4466d
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-next-chapter-by-american-express-business-class/id1627810508
Stitcher: https://www.stitcher.com/show/the-next-chapter-by-american-express-business-class
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9aODFMX0ZldA
Hosted on Acast. See acast.com/privacy for more information.
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-new-bazaar-183699/how-vince-mcmahon-built-an-entertainment-empire-32311574"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to how vince mcmahon built an entertainment empire on goodpods" style="width: 225px" /> </a>
Copy