The only social network to learn from and invest with professional investors.

Prometheus offers credible insights from professionals and streamlined access to invest in hedge funds, crypto funds, venture capital funds, and more.

Tech stocks

Is China trying to make TikTok users dumber? What will a US ban on TikTok do to the price of Meta? What could cause the Metaverse project to be paused? w/ Josh Goltry

Guests
Ryan Pallotta
Josh Goltry

Today, Ryan Pallotta breaks down what's happening with Josh Goltry. Josh is the Founder and Chief Investment Officer at JAG Capital.

Josh explains how remote work may lead to grossly inaccurate job figures and describes the time it takes for macroeconomic influences to be felt at the micro level.  

He and Ryan talk about why the dollar's strength is bad news for multinationals with US expenses, adding that the negative impact of the stronger dollar will be felt more keenly in Q4.  

Josh then weighs in on an intriguing conspiracy theory that suggests TikTok—which he calls "digital opium"—exists to make people outside of China dumber while the domestic version—Douyin—is intended to make domestic users smarter.

Josh then talks about how a red wave could hasten a ban on TikTok in the US and predicts that a total ban could result in Meta's share price doubling in a day.

Download the Prometheus iOS app:

http://apple.co/3C9bPNY

Use the Prometheus web app:

http://app.prometheusalts.com

Share this podcast

Join the newsletter

Never miss a beat, sign up for exclusive insights today.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.