Boom: Bubbles and the End of Stagnation (Byrne Hobart) - Amazon Sweden Store: https://www.amazon.se/dp/1953953476?tag=9natreeswe-21 - Amazon Worldwide Store:…
Boom: Bubbles and the End of Stagnation (Byrne Hobart) - Amazon USA Store: https://www.amazon.com/dp/1953953476?tag=9natree-20 - Amazon Worldwide Store:…
Boom: Bubbles and the End of Stagnation (Byrne Hobart) - Amazon USA Store: https://www.amazon.com/dp/1953953476?tag=9natree-20 - Amazon Worldwide Store:…
Boom: Bubbles and the End of Stagnation (Byrne Hobart) - Amazon USA Store: https://www.amazon.com/dp/1953953476?tag=9natree-20 - Amazon Worldwide Store:…
Boom: Bubbles and the End of Stagnation (Byrne Hobart) - Amazon Netherlands Store: https://www.amazon.nl/dp/1953953476?tag=9natreedutch-21 - Amazon Belgium Store:…
Nobody knows when or if AI will lead to mass displacement of white-collar work. But the anxiety is clearly here now, and there's very little evidence that our politicians are taking it seriously. Of…
(01:04) - iMessages in Gemini 3 (10:52) - 𝕏 Timeline Reactions to Gemini 3 (28:29) - 𝕏 Timeline Reactions (01:05:11) - CloudFlare Outage (01:16:16) - Byrne Hobart on the Upsides of Bubbles (01:30:12)…
In this episode of Yet Another Value Podcast, host Andrew Walker is joined by Byrne Hobart from The Diff for the monthly book club. They discuss Born to Be Wired, the newly released memoir of John…
In this episode of Yet Another Value Podcast Book Club, host Andrew Walker and co-host Byrne Hobart of The Diff discuss Railroader, the biography of Hunter Harrison—one of the most transformative…
In this episode of Yet Another Value Podcast Book Club, host Andrew Walker is joined by Byrne Hobart of The Diff to explore Softwar, the 2003 biography of Oracle co-founder Larry Ellison. Together,…
In this edition of the Yet Another Value Podcast Book Club, host Andrew Walker reunites with Byrne Hobart of The Diff to revisit The Snowball, Alice Schroeder’s biography of Warren Buffett. Triggered…
In this episode of the Yet Another Value Podcast FinTwit Book Club, Andrew Walker is joined by Byrne Hobart of The Diff to discuss Clashing Over Commerce, a sweeping political and economic history of…
In this episode, Byrne Hobart joined Matjaž Leonardis in Austin for an Interintellect salon — a platform for 21st-century intellectual discourse—to discuss his new book Boom: Bubbles at the End of…
In this episode, Erik Torenberg and Byrne Hobart discuss the economic consequences of Trump's tariffs, OpenAI's recent innovations, and their implications for white collar work. They also explore the…
This week, Byrne Hobart and Erik Torenberg explore how technological advancements, policy shifts like Trump's tariffs and U.S. industrial policy, the re-industrialization of America, the influence of…
In this episode of The Riff, we are releasing a conversation Byrne Hobart had on the Bankless podcast about Byrne's book Bitcoin, exploring the provocative idea that speculative Bubbles—while…
In this episode of the Yet Another Value Podcast Monthly Book Club, host Andrew Walker is joined by Byrne Hobart, author of The Diff newsletter, to discuss Diary of a Very Bad Year: Confessions of an…
This week, Byrne Hobart and Erik Torenberg discuss the transformative impact of technological change on global trade, AI’s disruption of senior roles, the debate over AI-generated art, and market…
This week on Upstream, we're releasing an episode of The Riff (originally aired on March 25, 2025) where Erik Torenberg and Byrne Hobart discuss Don Jr.'s leveraging of the Trump brand, Dustin…
This week, Byrne Hobart and Erik Torenberg explore Donald Trump Jr.'s financial leverage of the Trump brand, Dustin Moskovitz's shift toward AI existential risks, Elon Musk's strategic decisions with…
Today on Upstream, Byrne Hobart and Erik Torenberg dive into the wide-ranging effects of technological change on media and society. They cover the AI debate, blogging's social impact, AI's influence…
This week, Byrne Hobart and Erik Torenberg explore the effects of technological change on media and society, covering topics such as the AI debate, blogging's social impact, AI's influence on search…
Welcome to the latest edition of Yet Another Value Podcast's Book Club. Once a month, Andrew and co-host, Byrne Hobart, will discuss their thoughts on the book, "Advanced Portfolio Management: A…
This week, Byrne Hobart and Erik Torenberg examine why Warren Buffett's Berkshire Hathaway can't be successfully replicated today, analyze Bill Gates's public versus private persona, and consider how…
This week, Byrne Hobart and Erik Torenberg discuss technological inflection points and examine how legal frameworks mask continued globalization despite apparent retrenchment, explores US-China…
This week, Byrne Hobart and Erik Torenberg discuss the transformative impact of technological advancements, particularly OpenAI's research, Elon Musk’s $97 billion offer to acquire its controlling…
There are moments in history when people make huge technological advances all of a sudden. Think of the Manhattan Project, the Apollo missions, or, more recently, generative AI. But what do these…
This week, Byrne Hobart and Erik Torenberg explore the impact of technological advancements on markets and businesses, covering topics like global trade tariffs, political populism, AI's evolving…
This week, Byrne Hobart and Erik Torenberg discuss the major disruptions in tech and business driven by AI advancements, examining reactions to DeepSeek's announcements, stock impacts on companies…
On this week's episode of The Riff, Erik Torenberg and Byrne Hobart explore the impact of technological change on markets, touching on meme investments, ESG, the rise of meme stocks and coins,…
This week, Byrne Hobart and Erik Torenberg explore the historical paradigms from agrarian to industrial eras and potential future growth, while also addressing challenges in adopting new technologies…
In this bonus episode, Andrew and Byrne Hobart from The Diff discuss the 2008 book More Than a Numbers Game See Byrne's writing at: https://www.thediff.co/ More Than a Numbers Game on amazon:…
When we think of booms and busts, we often think of waste. The dot-com bubble, the 2008 financial crisis, and the late 2010s crypto craze drew insane levels of capital into new markets, proceeded to…
Finance and tech writer Byrne Hobart discusses how bubbles are a good thing, overcoming stagnation, and the religiosity of space exploration.
This week, Byrne Hobart and Erik Torenberg is joined by Tae Kim, author of The NVIDIA Way, exploring NVIDIA's remarkable journey, culture, and what sets the company apart under Jensen Huang's…
This week, Erik Torenberg and Byrne Hobart discuss the pod shop hedge fund model, market cycles, AI pricing models, and the future of AI-generated content, with Byrne offering insights on hedge fund…
There is a counter intuitive school of thought - represented by Tyler Cowen, Peter Thiel and Marc Andreessen - which suggests that America, for all its technological innovation, remains trapped by…
How can economic bubbles be good for the world? Byrne Hobart is a financial analyst known for his newsletter "The Diff" which covers tech, trends and economics. Byrne has been on the periphery of…
This week on Upstream, Byrne Hobart and Erik Torenberg discuss the potential of AI agents in tech support, economic impacts of passive investing, historical financial strategies of Warren Buffett,…
This week, Erik Torenberg and Byrne Hobart discuss AI's economic implications, the rise of passive investing, gambling markets, and Warren Buffett's early investment tactics, examining how…
This week, Erik and Byrne discuss the impact of technological change on markets, debate the feasibility of Argentine-style economic policies in the U.S., discuss government efficiency, payroll costs,…
By popular demand, Patrick McKenzie (patio11) is joined by Byrne Hobart for a 3rd conversation to discuss Byrne’s book "Boom: Bubbles and the End of Stagnation." They explore how periods of…
On this week’s episode of The Riff, explore the impact of technological change on markets and businesses, discussing economic bubbles, the future of AI, the post-election political landscape, and…
This week, Erik Torenberg and Byrne Hobart explore the evolving landscape of heretical ideas, election dynamics, AI and crypto’s market impacts, prediction markets, the shifting Overton window,…
In this episode of The Riff, Byrne Hobart discusses his upcoming book about financial bubbles, venture scale businesses, creator financing, and prediction markets. For full shownotes, visit:…
In this special episode of The Riff, Byrne Hobart is joined by Patrick McKenzie, host of the podcast Complex Systems to discuss a range of topics including app business models, restaurant industry…
This week, Byrne Hobart and Erik Torenberg discuss the shifting dynamics of careers and education, the notion of "auto-paternalism" in organizational choices, Spotify's growth strategy in a mature…
This week, Byrne Hobart and Erik Torenberg dive into a range of fascinating topics such as the evolution and future of OpenAI's business model, economic rationale behind corporate buybacks, changing…
This week, Byrne Hobart and Erik Torenberg discuss cult stocks like Tesla and Palantir, debate whether AI or globalization will impact jobs more, explore the energy transition's unexpected reversal,…
Patrick McKenzie (patio11) is joined again by Byrne Hobart, writer of The Diff, for a follow up conversation about “whales” – and so much more – across the gaming, aviation, software, hospitality and…
This week, Byrne Hobart and Erik Torenberg tackle the current state of the EU's tech sector, evolution of private equity firms, consumer credit defaults, online reputation management and more. 🔥…
This week, Byrne and Erik discuss the efficiency of market hypothesis, explores the complexities of breaking up big tech companies, unpacks the intriguing dynamics of currencies from nations to video…
This week, Byrne and Erik discuss the idea of taxing unrealized capital gains, networked nature of the finance industry, the strategic direction of Uber in autonomous vehicles, the merits of 'founder…
On this week’s episode of The Riff, Byrne Hobart and Erik Torenberg discuss the Silicon Valley Canon, impact of tech on traditional markets, the evolution of smart contracts, risks of currency carry…
On this week’s episode of The Riff, Byrne Hobart and Erik Torenberg discuss tricky antitrust decisions, Balaji’s Network State, the dynamics of content moderation, and more. 🔥Apply to join over 400…
This week, Byrne and Erik discuss Meta’s open source strategy, Google’s hiring of Character.AI’s CEO, the calculus behind the Strategic Petroleum Reserve, and more. 🔥Apply to join over 400 founders…
This week, Byrne Hobart and Erik Torenberg are joined by Omar Shams, the founder of Mutable AI, for a deep dive into Omar’s great piece, The AI Organization. In this conversation, they explore the…
This week, Byrne Hobart is joined by Patrick McKenzie (patio11), host of the podcast Complex Systems, to discuss the complexity and endless fascination of financial infrastructures, the role of fraud…
This week, Byrne Hobart and Erik Torenberg discuss the resurgence of prediction markets, the balance of sophisticated vs. 'dumb' money, Biden's nomination odds and the impact of AI on software…
On this week’s episode of The Riff, Byrne Hobart and Erik Torenberg discuss how the 2024 presidential election has changed, why Wikipedia’s partisanship problem is difficult to solve, and the…
Patrick McKenzie (patio11) is joined by Byrne Hobart to discuss Byrne’s vantage point as writer of The Diff, a tech and finance newsletter. Byrne explains the toxicity of the 30-year mortgage, the…
This week, Byrne Hobart and Erik Torenberg dive deep into David Graeber's controversial concept of 'B******t Jobs,' exploring its validity and impact. They also discuss the future of labor and…
On this week's episode of The Riff, Erik and Byrne discuss the evolution of monetary systems, the economics of AI investments, and how AI is impacting the job market for junior software developers.…
Byrne Hobart, creator of the newsletter The Diff and Capital Gains, joins Erik Torenberg to discuss the intricate evolution of media industries. In this conversation, they delve into the comparative…
This week, Byrne Hobart and Erik Torenberg discuss a lesser-known Chamath Palihapitiya story, the index rebalancing trade as a postmodern part of finance, AI labs, crypto, and more. beehiiv: Head to…
This week, writer Byrne Hobart and investor Erik Torenberg discuss the economics of conferences and cities, rise of meme stocks, future of coding in the age of AI and more. beehiiv: Head to…
On this week's episode of The Riff, Erik and Byrne discuss populist cycles, why billionaires buy media companies, how to invest if you think AGI is coming soon, and more. beehiiv: Head to…
On this week's episode of The Riff, Erik and Byrne discuss Elon Musk's and Yann Lecun's Tweets, what we can learn from Google's API decumentation leaks, how Apple is planning on improving Siri, and…
On this week's episode of The Riff, Erik and Byrne talk about xAI's fundraising round, Vivek Ramaswamy's investment in BuzzFeed, and the dynamics of using ads to monetize AI. beehiiv: Head to…
Today we’re sharing an episode of The Riff podcast where Erik Torenberg and writer- investor Byrne Hobart discuss the future of AI & education, analyze several companies including Stripe's shift…
On this week's episode of The Riff, Erik and Byrne talk about meme stocks, the nature of reserve currencies, and why you should consider not owning a home in America. beehiiv: Head to…
On this week's episode of The Riff, Erik and Byrne talk about Amazon’s potential to buy a passenger airline, hidden economic gains, equities, and more. beehiiv: Head to https://Beehiiv.com and use…
On this week's episode of The Riff, Erik and Byrne talk about how to apply Costco's business model in other industries, the risky business of Martingale strategies, usage as a potential barrier to AI…
On this week's episode of The Riff, Erik and Byrne discuss AI & education, Stripe's shift towards unbundling, and the possibility of 24 hour markets. Get Harmonic: Head to…
On this week's episode of The Riff, Erik and Byrne discuss income sharing agreements, the privacy/security/usability efficient frontier, and how Meta ended up with all their GPUs. Get Harmonic: Head…
On this week's episode of The Riff, Erik and Byrne discuss the acquisition landscape, how to write great business memos, and why it's hard to monetize a successful ChatGPT wrapper. Get Harmonic: Head…
On this week's episode of The Riff, Erik and Byrne discuss pivots in hard tech, cybersecurity and privacy, and the considerations in how often to enforce the law. For listeners watching the video,…
On this week's episode of The Riff, Erik and Byrne delve into corporate espionage, algorithmic collusion, and the lifecycle of companies amidst technological changes. --- This show is produced by…
On this week's episode of The Riff, Erik and Byrne discuss Austin real estate, why Duolingo has remained strong post-pandemic, and how to identify spurious correlations during data analysis. --- This…
In this episode, Byrne Hobart and Erik Torenberg discuss how technological changes influence markets and business adaptability. They explore the dynamics and challenges of e-commerce roll-ups, the…
On today’s episode, Byrne Hobart delves into the intricacies of technology-induced market shifts, hedge fund dynamics, Byrne’s post on outage economics, and the evolving landscape of open source and…
On this week's episode of The Riff, Erik and Byrne discuss lessons about Tiger Global from Carrie Sun’s book Private Equity, the role of alternative data in investing, and why it’s hard to make a…
Byrne and Erik discuss company valuations, short selling, company earnings guidance, market predictions, and the behavior of companies and investors in financial markets. --- The Riff is a part of…
On this week's episode of The Riff, Erik and Byrne discuss the fertility crisis, how Walmart is a tool of upward mobility, AI as the last interface, and more. The Riff is sponsored by Brave. Head to…
On this week's episode of The Riff, Erik and Byrne sit down with Brad Hargreaves, founder of General Assembly and Common and editor at real estate publication Thesis Driven. They do a deep dive on…
On this week's episode of The Riff, Erik and Byrne do a deep dive on the history of media, how technology is impacting the media landscape, and how to build the next media empire. The Riff is…
On this week's episode of The Riff, Erik and Byrne discuss the mortality of corporations, why momentum investing works, and when to learn from extreme events. The Riff is sponsored by Shopify:…
On this week's episode of The Riff, Erik and Byrne discuss factor netural hedge funds, the trend of Silicon Valley becoming more financially literate, the opportunity cost of features, and more. The…
This week's episode is the second part of Erik's March 2020 interview with Byrne on Venture Stories from Village Global. Erik and Byrne about generalists vs specialists, how the work of Rene Girard…
This week on The Riff, Erik and Byrne talk about why you should ignore the 2024 presidential election news cycle, the barriers to the success of prediction markets, why the United States can't be a…
Today's episode is a throwback to when Erik interviewed Byrne Hobart for the first time on the Venture Stories by Village Global podcast. Byrne and Erik go deep on technological change, debate…
This week, writer Byrne Hobart and investor Erik Torenberg discuss the failed acquisition of Figma by Adobe, a deep dive on antitrust, Byrne's take on higher education and viable alternatives,…
This week, writer Byrne Hobart and investor Erik Torenberg discuss new updatates from OpenAI, Byrne's macroeconomic predictions, the importance of software for Microsoft, and more. Moment of Zen is…
This week, writer Byrne Hobart and investor Erik Torenberg discuss the lessons to be learned from the life of the late Charlie Munger. They explore what made Munger a great investor, how he was…
Byrne Hobart has a Substack following of over 50,000 subscribers, consisting of some of the smartest people in Silicon Valley — startup founders, venture capitalists, hedge fund managers, you name…
In our 5th episode of The Riff, writer Byrne Hobart and investor Erik Torenberg are joined by Thomas Li, the CEO of Daloopa for a deep dive into the world of hedge funds. They discuss what venture…
Byrne Hobart (@ByrneHobart) is the author of The Diff, a newsletter studying inflections in finance & technology. He is also the host of a new podcast called The Riff, produced by Turpentine…
In our 4th episode of The Riff, Byrne Hobart and Erik Torenberg discuss the complex interplay of technology, economic growth, demographics and investment decisions and the socio-technological…
In this episode, Erik is joined by Byrne Hobart, author of tech and finance newsletter The Diff, to discuss Sam Altman's ousting from OpenAI, Microsoft's role in the story, and the new competitive…
This is a bonus episode for Econ 102 listeners of The Riff with Byrne Hobart and Erik Torenberg, recorded on Monday night 11/20, discussing the evolving story of Sam Altman’s ousting at OpenAI and…
In our third episode of The Riff, Byrne Hobart and Erik Torenberg discuss the evolving story of Sam Altman’s ousting at OpenAI and new home at Microsoft, what OpenAI's next pivot could look like, the…
In our second episode of The Riff, Byrne Hobart and Erik Torenberg discuss the role and influence of companies like OpenAI, AI investment opportunities, the whitespace in the future of social media…
In our first episode of The Riff, Byrne Hobart and Erik Torenberg discuss Byrne's writing for his newsletter The DIff, his biggest influences, and the fall of Sam Bankman-Fried. The Riff is part of…
Byrne Hobart (@byrnehobart) and Tobias Huber (@TobiasAHuber) join Patrick Blumenthal (@PatrickJBlum) to discuss the future of Artificial Intelligence. They cover: Is AI going to kill us? Is AI going…
Byne Hobart is the writer of The Diff . He is an exceptional writer on finance and a wide collection of other topics. We discuss anecdotes, organizational theory, OpenAI, democracy, boom-bust cycles,…
Byrne Hobart joins Antonio, Dan, and Erik to discuss SVB, finance, and crypto. We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring…
Podcast : Dwarkesh Podcast Episode : Byrne Hobart - FTX, Drugs, Twitter, Taiwan, & Monasticism Release date : 2022-12-01 Get Podcast Transcript → powered by Listen411 - fast audio-to-text and…
Perhaps the most interesting episode so far. Byrne Hobart writes at thediff.co, analyzing inflections in finance and tech. He explains: * What happened at FTX * How drugs have induced past financial…
Read the full transcript here. What the heck happened with FTX and Sam Bankman-Fried? Were there early warning signs that most people failed to notice? What could've been done differently, and by…
Read the full transcript here. What the heck happened with FTX and Sam Bankman-Fried? Were there early warning signs that most people failed to notice? What could've been done differently, and by…
Byrne Hobart writes The Diff, a newsletter about inflections in finance and technology with 24,000+ subscribers. Watch on YouTube. Listen on Apple Podcasts, Spotify, or any other podcast platform.…
Byrne Hobart, Author of The Diff talks with World of DaaS host Auren Hoffman. The Diff is a top newsletter that covers inflection points in finance and technology. Byrne previously worked in…
We talk about - How to become a good generalist - Why did America do so much better than Europe on vaccines? - What happened to the media industry? - His writing process - Picking a media diet - Why…
Why Future with Marc Andreessen, Margit Wennmachers, and Sonal Chokshi [2:20] The New Creator Economy with Joost van Dreunen, Wes Kao, Cuy Sheffield, Chris Lyons, Lauren Murrow, and Zoran Basich…
The Agenda 👇 * I spoke with The Diff ’s Byrne Hobart about basically everything 🎧 * My latest Sifted column is about university spinouts—and Europe lagging behind * Yahoo is slowly disappearing from…
Byrne Hobart is a chartered financial analyst who loves writing about the intersection between finance and technology. He writes The Diff, one of Silicon Valley’s most popular newsletters. In this…
The Chinese economy is perhaps the world's only economic bright spot. So that means we can stop worrying about a financial crisis, right? Think again, according to Lauren Gloudeman and Logan Wright…
Josh's guest on the podcast this week is Byrne Hobart (author of The Diff substack letter, link below) who has just completed a comprehensive series of thought experiments on each of the largest…
Byrne Hobart from The Diff (https://diff.substack.com/) joins us to talk about his recent "The Death of Fang+" series. We dive deep into the question "Which of Amazon / Apple / Microsoft / Google /…
Byrne Hobart is the writer of The Diff, an email newsletter about inflections in finance and technology. In this conversation, Nate and Byrne chat about having kids, homeschooling, writing online,…
Byrne Hobart (@ByrneHobart), creator of The Diff (diff.substack.com), joins Erik on this episode. They discuss: - How have the past few months changed our understanding of institutions and our trust…
Why do economic bubbles happen? Historically, theorists have proposed competing theories like the efficient market hypothesis, the easy money theory, and a “heroes and villains” theory. In this…
Byrne Hobart (@ByrneHobart), creator of The Diff (diff.substack.com), joins Erik on this episode. They discuss: - The fox/hedgehog dichotomy - Is it better to be a specialist or generalist? - Do…
Byrne Hobart (@ByrneHobart), creator of The Diff (diff.substack.com), joins Erik on this episode. They discuss: - The role of cost disease in healthcare, education, and construction - The future of…