Today, Dee and Anand start by discussing the market's recent downturn and how to turn that red arrow green again. Then the crew covers the weekly dose of Crypto and Stock talk, as well as some big baby formula talk. Finally, they wrap up the episode with Winners, Losers, and Content. 

Timeline of What Was Discussed:

• It is turmoil in the streets! (0:49) 
• The ‘lunatics’ aren’t the only ones that will get hit. (11:15) 
• El Salvador is expected to default as Bitcoin plummets. (19:03) 
• Grow slower and get profitable. (22:00) 
• Why in the hedge industry there is no hedging, just funding. (25:50) 
• Leave Matt Damon alone. (29:35) 
• Netflix, TV with more content. (30:52) 
• The most valuable company is no longer Apple. (32:42) 
• Why we are having the worst baby formula shortage in decades. (34:40) 
• Winners, Losers, and Content Recommendations. (41:00) 

Related Links/Products Mentioned 

• Senate confirms Powell for 2nd term as Fed fights inflation 
• Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’ 
• El Salvador expected to default as bitcoin plummets 
• Coupang Announces First Quarter Gross Profit Increase of 42% YoY and Record Revenue of $5.1B 
• Brad Gerstner on Twitter 
• Tiger Global, hit by $17B in hedge fund losses, has nearly depleted its latest VC fund 
• Instacart Prepares for IPO Amid Volatile Markets, Changing Consumers 
• Matt Damon Slammed For Crypto Commercial as Market Tanks 
• Netflix Tells Employees Ads May Come by the End of 2022 
• Apple is no longer the world’s most valuable company 
• Why baby formula is in short supply — and who is most at risk 
• Invest Like the Best with Patrick O'Shaughnessy - Jeff Jordan - Building & Investing in Marketplaces 
• Winning Time: The Rise of the Lakers Dynasty - HBO 

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