backtestpodcast

Learn from market history. Join us as we study the insights from the past to navigate the present—and prepare for the future

w/ co-hosts @dnlgmb & @mgharris34

[Matt Harris @mgharris34]

The cease-fire in Iran failed. It’s worth taking a step back to review the three paths to resolution in oil markets.

Path 1 seems to have failed and we’re giving Path 2 a try, which will take time to play out.

That means we’re back to thinking about Path 3, price levels. Can the oil market remain optimistic while the US military forces open Hormuz? Will these military efforts succeed? If not, we may see some dramatic price spikes to trigger demand cutbacks.

@Bob_McNally is an excellent teacher to understand the history and the mechanics of all this. Full interview in the comments.

[Daniel Gamboa @dnlgmb]

In case you need some cool stories for your 4th of July party!
https://t.co/QnwimGk3cG

[Matt Harris @mgharris34]

Saturday is America’s 250th. Did you ever think about who called the shots for financing the war while Goerge Washington called the shots on the battlefield? @backtestpodcast just dropped a one episode special telling the story of how the American Revolution was financed. Link below. HBD, America!

https://t.co/4yQNNKX15a

[backtestpodcast @backtestpodcast]

Links to Spotify, Apple, or wherever you listen 👇
https://t.co/B0f14MyXCA

[backtestpodcast @backtestpodcast]

Live now!

[backtestpodcast @backtestpodcast]

🎧 coming soon to your favorite podcast player

[backtestpodcast @backtestpodcast]

We’re a week away from celebrating the 250th anniversary of the Declaration of Independence

What if there's a Founding Father as important as George Washington and Ben Franklin that you've never heard of?

[backtestpodcast @backtestpodcast]

Someone who was a close friend and colleague of both

Someone who was instrumental in uniting the States, structuring the Constitution, and establishing American capitalism

[Daniel Gamboa @dnlgmb]

“Everybody could see that the railroads were going to change the world... Everybody wanted to have a piece of it and they could. Everybody put their money in it and you had the biggest bust on both sides of the Atlantic that you could imagine

And out of the ashes, the tracks were still there, the locomotives were still there, the demand was still there, and it changed the world

[AI] is as big as anything but the railroads”

[Ian Bach ☯︎ @Ian8ach]

fantastic series on the birth of railways and its parallels to the current moment https://t.co/ADH63nTAoi

[backtestpodcast @backtestpodcast]

Links to Spotify, Apple, or wherever you listen 👇

https://t.co/C910TpXebT

[backtestpodcast @backtestpodcast]

Live now!

[Matt Harris @mgharris34]

Last week I said the capital required for the AI build out is massive. I also said the only historical analogue is the Railway build out in the 1800s.

Some of you didn’t believe it. Here’s a little Friday @backtestpodcast post with the data and a great economic history chart for my fellow economic history chart nerds.

https://t.co/41XpNb883n

[Daniel Gamboa @dnlgmb]

From @mgharris34 on @backtestpodcast: "...customers don't buy your core technology all by itself. They buy the complete solution. They buy the outcome that they actually want. And Richard Trevithick is a great example of this. You know, he built a great locomotive prototype, but didn't have the rails that could support it. Iron technology hadn't caught up. So he just, didn't have the total product and George Stephenson did just about 20 years later. And you see this over and over again with major technological revolutions."

As true today as it was in the early 1800s...

https://t.co/VZEkFdHzUb

[Matt Harris @mgharris34]

The AI buildout has one historical analog. Not the internet. Not electricity. Rail. @backtestpodcast just launched a series on it. Episode 1: how rail technology broke through.

https://t.co/pvlOqUBLyO

[backtestpodcast @backtestpodcast]

Links to Spotify, Apple, or wherever you listen 👇
https://t.co/Fd4sdrS9gF

[backtestpodcast @backtestpodcast]

Live now!

[Daniel Gamboa @dnlgmb]

@backtestpodcast in the Bay!

[Daniel Gamboa @dnlgmb]

Hard to overstate and I stand by what @mgharris34 and I said in our @backtestpodcast shale revolution series

Probably the most underappreciated technological revolution in history

https://t.co/r9b5tLnH4Z

[SilverFists @MacWhackle]

Great listen w Bob McNally highly recommended watch thanks @Bob_McNally brilliant. Load bearing assumptions and the history was fantastic.

https://t.co/87dFImPuog