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In this episode, we ask:

• What is going on in the market?
• What happened to the fundamentals?
• What determines the price of a company?
• What about the present value of future dividends?
• Is this a simple world?
• Are we all playing the same game?
• What are the cracks in the system?
• Is there an unfair advantage?
• Which game are you playing?
• What does it mean to go long?
• What does it mean to go short?
• Does the investor own the stock?
• Where do people make a profit?
• What are the risks?
• How much can you lose?
• What about hedge funds?
• Why did they see a dramatic change in price?
• Is it legal?
• Is it sane?
• What about curiosity?
• What about stability?
• What about sanity?
• What about short squeezing?
• Who is David Shaw?
• What is high speed trading?
• What about those who live in middle-America?
• What about those who live in Manhattan?
• How do people use geography?
• What about a fraction of a penny?
• What about an annualized return?
• What about buy and hold?
• What about the day trader?
• What about the minute trader?
• What about the high frequency trader?
• What about chinks in the armor?
• Is shorting part of the efficient market?
• More efficient for what? More efficient for whom?
• What are the rules to the game?
• Are you playing the same game?
• Who is getting hurt?
• Who is playing the buy and hold game?
• Who is playing day trading?
• Who is playing stock trading?
• What game is your advisor playing?
• Who is getting paid?
• Who is getting the fee?
• What game is the government playing?
• Does the government invest in Wall Street?
• Who pays the fee?
• What about the 401(k)?
• How might one make sense of the signals?
• Why do the market experts come up with wildly different expectations?
• Who still hurts from 2008?
• What about index funds?
• What are the rules for the index?
• What about the S&P 500?
• What about buyers?
• What about algorithms?
• What about fundamentals?
• What about the signal?
• What do we know?
• What do we NOT know?
• So what?
• How does one win a game like this?
• How does one make an unrealized gain a realized gain?
• What about black swan events?
• What about market volatility?
• What about protection from market down turns?
• When the market falls, how deep does it tend to fall?
• What type of investor are you?
• Do you like to buy low and sell high?
• Do you like to buy high and sell low?
• Do you have an automatic deduction of your paycheck into a  401(k)?
• Do you do dollar cost averaging into a brokerage account?
• Do you believe the market is high or low, currently?
• Where is the DOW now?
• Is the market at an all time high now?
• What happens in one bad year?
• When you lose 10%, what happens?
• When you lose 25%, what happens?
• When you lose 50%, what happens?
• Do the bad years hurt more than the good years help?
• Is the market throwing a tantrum?
• Are insurance contracts investments?
• How do whole life insurance policies fit into all of this?
• What about stability?
• Do you have to play the game?
• Do you have to get wrapped up in all of the chaos?
• What kind of guarantees are possible?