logo
episode-header-image
Aug 6
1h 43m

INDUSTRY S3E2 "Smoke and Mirrors” Breakd...

Kristen and Jen
About this episode

Send us a text

In this episode of the unofficial companion podcast to HBO Max's hit show, Industry, hosts Jen and Kristen dive deep into the financial intricacies and dramatic moments of Season 3, Episode 2 titled 'Smoke and Mirrors.' 

They kick off the discussion by analyzing the thematic significance of 'Smoke and Mirrors,' tying it to both magic tricks and the episode's plot centered around deception and storytelling in the finance world. They recount how the episode unfolds at the London Stock Exchange with the IPO of Henry Muck's green energy company, Lummi, caught in a frenzy due to a sudden power outage and the ensuing chaos on the trading floor at Peerpoint. The hosts compare this fictional IPO with real-life events such as the Facebook IPO disaster, adding valuable insights into IPO procedures, trading mechanisms, and the role of investment banks in supporting stock prices post-IPO. They explore the role of underwriters, the use of green shoes, and the pivotal decision-making and risk management during high-stakes trading situations. 

The hosts also bring forth significant comparisons with real-world financial scenarios, making this episode not just a recap but an enriching learning experience.


For a 14 day FREE Trial of Macabacus, click HERE

For 20% off Deleteme, use the code TWSS or click the link HERE

Our Investment Banking and Private Equity Foundations course is LIVE
now with our M&A course included!

Shop our LIBRARY of Self Paced Online Courses HERE
Join the Fixed Income Sales and Trading waitlist HERE

Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Up next
Aug 1
171. INSANE Figma IPO, AI Collusion in Trading, and Could Stablecoins Lower Interest Rates?
Send us a textThis week on The Skinny on Wall Street, Kristen and Jen are back in full swing with a jam-packed episode covering some of the biggest stories in markets and finance. They kick things off by diving deep into the highly anticipated Figma IPO, which just priced and sho ... Show More
43m 51s
Jul 26
170. Will AI Replace Investment Bankers? Plus Real Estate News, Meme Stocks, and More!
Send us a textIn this week’s episode of The Skinny on Wall Street, Kristen and Jen break down the latest wave of meme stock mania and what it reveals about market sentiment. They dive into Opendoor and other “DORK” stocks (Krispy Kreme, Opendoor, Kohl’s, etc.), explaining how sho ... Show More
1h 3m
Jul 19
169. Spin-Offs, Reverse M&A, and Wellness: The Logic of Recent Consumer M&A Deals (Fererro Buying Kellogg and Kraft Heinz Breakup)
Send us a textThis week on The Skinny On, Kristen and Jen power through illness, time zone chaos, and toddler wrangling to bring you a jam-packed episode to break down two major consumer deals: Ferrero’s $3.1B offer for Kellogg and the possible Heinz Kraft breakup. They explain w ... Show More
40m 2s
Recommended Episodes
Sep 2024
Investing in Private Equity 101
This week, Sim and Maia delve into the world of private equity, exploring its history, functions, and how individuals can invest in it. They discuss the evolution of private equity from the 19th century to its modern-day implications, the role of private equity firms in acquiring ... Show More
18m 59s
Aug 2024
Q&A: Retirement Investing for High Earners, the 1% Rule, & the Dow Jones Industrial Average
⭐ Join the Rich Habits Network! ⁠Click Here!⁠ --- In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- 👉 Public is your one-stop-shop for all things investing! Crypto, bonds, T-bills, stocks, and more. Be sure to sign ... Show More
32m 6s
Dec 2024
Q&A: Buying Bitcoin at $100K, When to Close a Business, & HSA vs. Roth IRA
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- ⭐️ Open a Bond Account on⁠ ⁠⁠⁠⁠Public⁠⁠⁠⁠⁠ to lock in your 6% or higher yield today,⁠ ⁠⁠⁠⁠Click Here!⁠⁠⁠⁠⁠ --- 🚀 Sign up for the Rich Habits Network so you don't miss o ... Show More
40m 40s
Apr 2025
Q&A: High-Risk Investing, Millionaires in Credit Card Debt, & Washing Your Crypto
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!---⭐️ Take advantage of our 7-Day FREE Trial of the Rich Habits Network and don't miss out on our next big investment! Click here!---👉 If you're looking for a broker built d ... Show More
50m 24s
Oct 2024
How the US Elections Have Affected the Share Market
This week, Sim and Maia dive into the presidential election cycle theory and its impact on stock market performance. They break down historical data to reveal how U.S. elections affect global markets and what this means for investors. Tune in to learn if the theory holds true and ... Show More
14m 26s
Jun 27
Statement Risk
On episode 197 of The Compound and Friends, ⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠ and ⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠ are joined by Cole Wilcox, Founder, CEO and CIO of Longboard Asset Management to discuss: all things trend following, using systems to overcome emotion, technical analysis, Nvidia, ... Show More
1h 14m
May 2024
Q&A: $100K / Year in Passive Income, QQQM vs. QQQ, and House-Hacking
In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! How do I house-hack a condo? What are the best dividend ETFs? I'm 18 and need help. Why do you all like VTI and QQQ? How do I make $100K / year in passive income? How do I buy ... Show More
38m 32s
Sep 2024
Girls That Startup: Why I Love Being a Lifestyle Entrepreneur
Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia ... Show More
20m 54s
Apr 2025
Q&A: Pre-IPO Investing, Real Numbers Behind House Hacking, & Tax Refunds
In this week's episode of the Rich Habits Podcast, Robert and Austin answer your questions!---🔥 If you're serious about investing in 2025, you should be using Public to build your portfolio! No matter the asset class, Public has you covered.⁠⁠Click here to start investing on Pub ... Show More
48m 3s
Feb 2025
Q&A: Side Hustle for Students, Too Many Stocks, & a $330K Inheritance
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!---🗣 Join Austin and Robert in Toronto, Canada (or virtually) at the GRIT Money Summit -- click here!---Download our FREE Financial Planning Workbook for 2025!👉⁠⁠⁠⁠ ⁠CLICK ... Show More
45m 52s