Patrick O'Shaughnessy

There'll be a lot of consumer surplus in all this.

You want to make money through this process for yourself and your partners.

How does it feel to you?

You don't think there's a chance that we're in that moment already?

No.

Why not?

It's not crazy enough.

So what do you think happens from here in markets?

Predicting the future is impossible, but fun.

We need it across Europe.

I'm always interested in this.

difference between risk, which I think of as sometimes quantifiable or imaginable, and pure uncertainty.

We literally just don't know what's going to happen.

And if you think about where you've made money, how much do you think came from the willingness to embrace uncertainty versus taking really calculated risks?

In an era like this, when it's all changing so fast and understanding the core technologies is important, how do you personally learn?

What is your preferred method to stay abreast of what is going on and like stay in touch with reality?

Talk to young people.

Surf TikTok.

There's been this wild transformation of our industry in the time that you've been a professional in it.

What does the competitive dynamic feel like to you today?