My favorite irony of markets in 2026: After giving crypto flack for its countless shenanigans over the years, the non-crypto investment world now emulates its worst tendencies, but with 1000x more capital A few favorites include the reverse-kimchi premium and 25 year-old wunderkind investors who may have only had one good idea raising billions to lever up at exactly the wrong time, then trying to raise more capital to quadruple down. Other favorites are stocks that are clearly just memecoins (Allbirds) and private-market valuations made up by drooling VC-bros trying to score the next hot logo (pick your favorite pre-product unicorn). What are your favorites?
Omid MalekanShare


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