#412: Peter Doyle on Modern Value Investing

Peter Doyle is a Managing Director and co-founder of Horizon Kinetics. He is a senior member of the research team, along with being a member of the Investment Committee and the Board of Directors.  In this conversation, we discuss inflation, how technology is deflationary, why capitalism is broken in the US, saturation of tech companies, and how Peter currently views the global macro environment.  =========================== LVL is a new crypto investing platform that I'm an investor in. They allow anyone to trade an unlimited number of times per month for only $9. If you buy or sell more than $500 in Bitcoin on any exchange, you're spending too much on trading fees. Use LVL to save money and trade as many times you want, but only pay $9/month. https://lvl.co/ =========================== Coinbase Wallets are adding support for .crypto and .zil domains through their partnership with Unstoppable Domains. Unstoppable Domains provides an all-in-one solution for blockchain domains. You can send money using these new domains instead of long Bitcoin wallet addresses, while also storing your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dapp browser to register and manage your domains.  =========================== Pomp writes a daily letter to over 80,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com