Precedents for Lost Decades, Critiquing Market Efficiency, The Anatomy of a Bubble, & Thoughts on Meta's Quest Pro

Market Talk, Edition 61, October 23rd 2022

Market Talk is a bi-weekly Sunday issue, where I curate the best things I have consumed during the last two weeks. Every second Sunday I will share the following segments:

• 6x Must-Reads: The 6 readings I found most insightful, with commentary.

• Other Items of Interest: A collection of other readings I found enjoyable from stock write-ups to macro.

• Great Listens: Podcasts, interviews, or videos I enjoyed.

• Something Interesting: A palate cleanser to round off the issue.

Comments from Me

British Airways will love me because I have extended my trip to India…for a second time. This time, for an additional week so I can be here for Diwali. Being here has given me a deeper sense of appreciation for being able to work remotely, it has also helped me realise how expensive the UK is, but I will be back home this coming week.

As you might have noticed, I was fairly active in posting memos this week. Some macro commentary, a short write-up on Tortilla Mexican Grill, some commentary on the direct…