This Week in The Degenerate Economy: The Decentralization of Inside Information

In this week’s episode, I cover the following topics:

Why I added Amazon to the Degenerate Economy Index and why I think Google, Apple, Amazon and Nvidia are the true kingpins of the AI-driven, on-demand economy. Then I talk about Cambrian explosion in prediction markets, and where platforms like Kalshi, Polymarket, Robinhood (and eventually Stocktwits) are turning yes/no markets into a new media and finance layer. Finally, I take a look at how degeneracy is spilling into collectibles, from fractional platforms to a $1.14M Shohei Ohtani gold logoman card.

You can follow along with how I have been investing along this theme the last few years with the index I created here.

• Intro & Adding Amazon to the Degenerate Index (0:00)

• Amazon as the Kingpin of Delivery (1:05)

• Prediction Markets: The "Cambrian Explosion" of Finance (1:28)

• The Google Insider Scandal on Polymarket (2:00)

• Decentralizing Insider Information (Don't Be A Sucker) (2:45)

• Robinhood's New IPO Bets (Anthropic 2025?) (3:30)

• Why Wagering Beats Fighting on Social Media (4:45)

• The $1.14 Million Ohtani Card & Collectibles (5:30)