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Comment by maest

6 years ago

I agree that he gravitates towards quirky ends of the market - it's a big part of what makes it enjoyable to watch. To his credit, however, whenever he discusses a mechanism breaking, he usually starts by explaining how the machanism usually works. To wit, he did a good job explaining how the aluminum market works when discussing the GS market manipulation accusations and he explained how index inclusion works (and what an index provider's job and incentives are) when discussing the Snapchat IPO.

But yeah, for someone coming in with 0 knowledge, some more fundamental, drier texts may be more efficient in imparting knowledge.