Going Infinite: FTX & Crypto Tycoon Sam Bankman-Fried's Downfall w/ Michael Lewis | Technovation 816

Michael Lewis joins Peter High in a discussion about his latest book, Going Infinite: The Rise and Fall of a New Tycoon, and the insights he gleaned from his research into FTX and the disgraced founder, Sam Bankman-Fried. He shares how the topic stumbled into his lap, what interested him about the story, and why luck played a role in the story’s success. Michael Lewis pulls anecdotes from his book and talks about getting to know the crypto tycoon, learning about his upbringing, and understanding how the concept of ‘effective altruism’ set SBF on his eventual path. He talks about the unconventional business structure of FTX, the skepticism he has around cryptocurrency in general, and his unique perspective on whether or not the crypto startup founder is criminally crooked or just chaotically disorganized.

0:00:00 Introduction
0:02:20 Role of Luck and Interviewing Sam Bankman-Fried
0:04:43 The Rise of Crypto and Sam's Journey
0:16:38 ‘Effective Altruism’ and Its Influence on SBF
0:23:19 Intellectualization of Financial Markets
0:28:58 Alameda Research’s Lost $4 Million and Internal Divide
0:36:42 The Chaos and Disorganization of FTX
0:41:40 Is Sam Chaotically Disorganized or Crooked?
0:48:05 Michael’s Future Relationship with Sam Bankman-Fried
0:50:15 Outro

An audio-only version of this interview is available as episode 816 of Metis Strategy’s podcast, Technovation with Peter High. Learn more at http://bit.ly/Technovation-816.

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#crypto #SBF #FTX