Aug 21 • 1HR 8M

The Business of Taylor Swift and The Impacts Of Inflation On Consumers

Open in playerListen on);

Appears in this episode

Reformed Millennials
The Reformed Millennials Podcast covers a wide ranging topic arc focusing on Sports and Investing. RM Pod is dedicated to identifying the latest trends in technology, sport and investing. We discuss the ways Millennials can leverage these trends to better invest their time, fandom and money.
Episode details
Listen in podcast app and follow below for the podcast topic arc.
  1. Opening riff on the NBA preseason drama

  2. Market update

  3. CREA Update (July) & Calgary market note

  4. Taylor Swift

  5. Sports items - ex-ESPN on air starting new fantasy media corp with big backers

  6. Recommendations and Predictions

Listen on AppleSpotify, or Google Podcasts.

📈📊Market Update💵📉

Last week was another tough week for markets as investors were hit with more inflation data.

Some good reads to help you better understand where were at in this tightening cycle:

Chart of the week: REITs positioning.

Twitter links from this weeks podcast:

  • Great thread on how Dahner compounded capital better than almost all roll up companies in history.

  • Do carbon taxes affect food prices - Trevor Tombe

🎙Podcast & YouTube Recommendations🎙

  • Macro Sunday with Michael Kao

  • All In talks Media polarization and the Rich Men North of Richmond.

  • Nick Colas on how to use the VIX to Invest Money more effectively.

🔮Best Links of The Week🔮

  • Canada continues to inbound tens of thousands - globe and mail

  • Global Sports investment can bring the world closer together -

  • White House announces new China Tech Curbs: As expected, the administration moved forward to curb US VC and private equity investments in China across semiconductors, quantum computing and AI for now. Won’t be implemented until 2024 after a review process. There is an effort to balance the overall trade relationship vs containing China related to ‘national security issues.

  • Nvidia’s new GPUs: Founder/CEO Jensen Huang officially kicked off Nvidia’s next generation GH200 GPU ‘Superchips’, while the current A100 and H100 chips are already in superhot demand and on global allocation. Nvidia also announced iterations of other Enterprise focused AI infrastructure services around its hardware and software compute architecture. Nvidia continues to be the biggest provider of GPU chips for the current global AI gold rush going into 2024 and beyond.

  • Meta out-executes TikTok on monetizing short videos: A surprising thing that came out in Meta’s quarterly results call last week was Mark Zuckerberg outlining that Meta’s short video Reels monetization with advertisers is on a “revenue run rate that jumped to $10 billion, up from $3 billion last fall, and $1 billion last summer.” That means that Reels is about the size of TikTok’s business as of 2022 end, and poised to potentially surpass it this year. This despite the general industry reality that Reels as an AI algorithm drive video product is still not as good as TikTok. Watch the 13 to 16 minute marks in this YouTube video discussion by the tech reviewers at the Verge for more context. This underlines Meta’s unparalleled ability to focus, execute, and leverage its multi-billion global user base ahead of their competitors.


Investing in equities, fixed-income instruments and/or alternative asset classes involves substantial risk of loss. Any action you may take as a result of the information presented on this website, blog or in any Reformed Millennials Podcast (a “podcast”) is your own responsibility. By opening this page and/or listening to a podcast, you accept and agree to the terms of this full legal disclaimer. The information on this website, blog and in any podcast is presented as a general educational, informational and entertainment resource only. This website, blog and any podcast does not provide, and should not be construed as providing, individualized investment, tax or insurance advice, nor as containing any recommendation to buy or sell any specific securities or otherwise make any other form of investment, or take any tax or insurance decision. Nothing contained on this website, blog or in any podcast should be construed or interpreted by you to mean that an investment in any securities presented or discussed would be suitable for you in your particular circumstances. Joel Shackleton specifically disclaims that any viewer of this website, blog or any podcast should rely in any way on any of their contents as investment, tax or insurance advice or as an investment, insurance or tax recommendation. Viewers are encouraged to consult with their individual investment advisor and other financial professionals prior to taking any potential investment actions or making any insurance or tax decisions. The views and opinions expressed herein are the personal views and opinions of Joel Shackleton and any other specific contributor to the blog or podcast only and do not necessarily reflect the views or opinions of their Firm or any of its other registered individuals or employees in partnership with Joel and his guests. Joel Shackleton disclaims any obligation to update any of the information set out on this website or any blog or podcast going-forward.