This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.

<ul><li>(00:00) - What's a Ponzi Scheme? What Isn't?</li>
<li>(08:39) - A Word From Our Sponsors</li>
<li>(09:14) - Meta</li>
<li>(13:18) - ROE and CAPM</li>
<li>(15:49) - Expensive Cheap Energy</li>
</ul>

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - What's a Ponzi Scheme? What Isn't? (08:39) - A Word From Our Sponsors (09:14) - Meta (13:18) - ROE and CAPM (15:49) - Expensive Cheap Energy

What's a Ponzi Scheme? What Isn't?

The Diff is a newsletter exploring the technologies, companies, and trends that are making the future high-variance. Posts range from in-depth company profiles, applied financial theory, strategy breakdowns and macroeconomics.

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What's a Ponzi Scheme? What Isn't?

What's a Ponzi Scheme? What Isn't?