Ep. 499 I THE HYPOSTASIS TRAP. HOW SMART MONEY ESCAPES MENTAL FALLACIES
Smart money doesn’t treat “the market,” “the state,” or “society” as living things. Those labels are shortcuts for people acting. Treat the labels as real and you get bad models, index worship, “the market is crazy” talk, and forecasts that can’t work. Same trap with “fair value”: useful as your estimate of cash flows, dangerous if you treat it as an objective number the market must obey. Recorded 18 September 2026 (helped by AI). If you want to learn more, read Dr. Polleit’s BOOM & BUST REPORT. Details at boombustreport.com.
Podzilla Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.
Listen to This Episode
More from Thorsten Polleit
Ep. 498 I „THE GREAT TAKING“. WAS DAVON ZU HALTEN IST
Ep. 497 I ACHTUNG: DIE EU WILL AN DIE ERSPARNISSE DER BÜRGER
Neuer Podcast! Ep. 496 I VORSICHT: HYPOSTASE! WIE DER INVESTOR SICH VOR GEDANKLICHEN FEHLSCHLÜSSEN SCHÜTZT
Preview-Podcast: Dr. Polleit's BOOM & BUST REPORT, 63rd ed., 10 Sep '26
Get summaries like this every morning.
Free AI-powered recaps of Thorsten Polleit and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.