logo
episode-header-image
Jan 2018
26m 58s

This Is What It Was Actually Like To Liv...

bloomberg
About this episode

We talk a lot about bubbles on this podcast. Often we talk about them from the perspective of a trader or speculator. But what about the people whose lives get caught up directly in the craziness? On this week's episode of the Odd Lots podcast, we speak to Bloomberg's own Dash Bennett, who worked for an internet company right during the peak of the mania in early 2000. Dash describes the incredible signs of excesses that he saw at the beginning and the bleak way it all ended when everyone lost their jobs and had all their perks taken away.

See omnystudio.com/listener for privacy information.

Up next
Today
The Perfect Storm That Clobbered Hedge Funds
Even before the US midterms, the AI trade was weakening. Just look at all the headlines from October in the hedge fund world — it was one of the bloodiest periods the industry has faced in recent memory. Now, after the blue wave, things continue to look uncertain. So what's going ... Show More
51m 58s
Nov 9
This Is How New York City Takes Out Its Trash
According to Joshua Goodman, trash collection in New York is one of the last services the city offers that is not yet touched by neoliberalism. What he means is that it's the last free and unlimited city service — there is no opt-in; it is not means tested. Goodman — who is the D ... Show More
52m 58s
Nov 6
The Macro Implications of the Blue Tsunami
We don't need to tell you that the midterm elections were historic: The Democrats won bigger than even they imagined. But as the dust settles, an open question we are puzzling over is the market's ongoing reaction to this massive political sea change. Democratic control of Congre ... Show More
37m 13s
Recommended Episodes
Jan 2025
King Trump and the Bubble Economy
In this week’s second instalment on bubbles, we dive into America’s tech-driven exuberance and the dangers of the Magnificent Seven. Apple, Tesla, Nvidia, and their pals commanding a third of the S&P 500. Are they truly unshakable titans, or is it the dot-com bubble all over ... Show More
33m 53s
Jun 2021
Boom, Bust & Mania 
What do tulip bulbs and cryptocurrencies have in common? Today’s episode proves that amateurs are at the highest risk for losing big when an asset is in a bubble.  You need only look at our crazes in modern times like the tech stock bubble of the early 2,000s, the sub-prime crisi ... Show More
38m 23s
Mar 2020
The Everything Bubble
<p>On today’s show we’re talk about the Everything Bubble. Bubbles have formed throughout history and all it takes it a pin prick to burst a bubble.</p> <p>On today’s show we’re talking about all kinds of bubbles and how they form. The year was 1554 and tulip bulbs were sent from ... Show More
5m 23s
Nov 2023
(IHP) How The Dotcom Bubble Happened
From the Internet History Podcast, the background, root causes and rough outline of the dotcom bubble. How it happened, why it happened... and why it's unlikely to happen again anytime soon. 
1h 4m
Oct 2025
AI Bubble Anxiety… And An Earnings Season Surprise? 10/6/25
<p> Bitcoin hits another record high, raising questions about what it means for the crypto market. Plus, a technical take on the bond market, and what’s ahead as tech leads markets higher. And is the AI market becoming “circular?” In an interview, the COO of OpenAI addresses the ... Show More
43m 44s
Oct 2025
The AI Bubble: Boom, Bust & Baked in Nimbin
Somewhere between a biker bar in Nimbin and a data centre in Virginia, we try to make sense of the biggest capital boom in history. The AI revolution has garnered $400 billion of spending this year alone, nearly half of all US growth. What if it’s all built on industrial lettuces ... Show More
42m 47s
Mar 2025
Volatility, Divestitures, and IPOs
Today we talk market volatility and inflation, the struggling dollar store industry, and a new AI initial public offering. Also, Asit and Matt have thoughts on some recent earnings reports, writer Ben Wallace joins us to talk about the history and future of Bitcoin, and, as alwa ... Show More
40m 31s
Sep 2023
The Financial Mania Behind Crypto
Bloomberg News Financial Investigations Reporter Zeke Faux discusses his book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Hosts: Tim Stenovec and Jess Menton. Producer: Paul Brennan.See omnystudio.com/listener for privacy information. 
16m 36s