BREAKDOWN: Cronyism, Zombie Companies and the True Cost of the Coronavirus, Feat. Morgan Creek's Mark Yusko

Mark Yusko is the founder of Morgan Creek Capital Management. In this wide-ranging conversation, he and @NLW discuss: 

Why bitcoin has fallen with stocks over the last few weeks

Why price and value are not the same thing

Why stocks have been manipulated 

An argument for buy backs being illegal 

Why cronyism is not capitalism 

Why bailouts and other types of intervention help zombie companies that should perish

A debate about whether the “cure is worse than the disease”

The costs of a 0-risk tolerance 

The polarization of health vs. economics 

Why there should be a market holiday 

Why bitcoin is the last and only free market 

Why the big market announcements are always on Sunday 

Why we’re headed to debt jubilee 

There is a non-zero probability that Trump tries to cancel the election  

Why a lack of leadership is the biggest cause for pessimism today

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