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<p>In 1987, America is riding one of the greatest bull markets in history—until it all comes to an abrupt end on Black Monday, October 19th 1987. Portfolio insurance, a fragile strategy built on unrealistic market...

<p>The 1980s were an iconic decade on Wall Street. Michael Milken and his team at Drexel were key players in sparking the wave of buyouts that were emblematic of the era.</p><p>Before all that, in the early 1970s, a...

<p>In Part 1, George Mitchell unlocked shale gas. In Part 2, Aubrey McClendon fueled the boom with a capital and land machine at Chesapeake. In Part 3, we tell the story of one of the operators who makes shale...

<p>At the end of Part 1, Devon had just bought Mitchell Energy for $3.5B and locked in the technological innovation behind the shale revolution. But the real boom in drilling, debt, and production doesn’t kick off until...

<p>George Mitchell and his team—people like Nick Steinsberger—through relentless experimentation and financial pressure targeted natural gas in the Barnett Shale and unlocked generations of US energy supply. The...

<p>Imagine starting a company to change the world of finance right before an epic stock market crash.</p><p>Elon Musk famously said that PayPal wasn’t a hard company to create. It was a hard company to keep...

<p>Technology waves are easy to see in hindsight, but often hard to see before they arrive. It’s even harder to build enough conviction to take a risk, ride the wave, and build something great.</p><p>Jeff Bezos did just...

<p>In the late 1990s, the internet grew exponentially to become an enormous engine for technological progress and economic disruption.</p><p>The existing telecommunications infrastructure was designed to carry voice and...

<p>Description</p><p>Gold-rush energy meets browser wars.</p><p>In mid-1994 Silicon Graphics legend Jim Clark sits down with a 22-year-old programmer Marc Andreessen in the heart of Silicon Valley. Clark, a rebellious...

<p>A run on the dollar, stagflation, and an election on the line—Part 3 wraps up the series with President Nixon’s shocking announcement to shut the gold window… a move that changed the monetary system forever and...

<p>On the journey towards President Nixon’s fateful decision on August 15th, 1971 to suspend dollar-gold convertibility—a decision that would forever change the global economy—we meet William McChesney Martin Jr, the...

<p>Gold, power, war, and spies—this series has it all. On August 15th 1971, President Nixon announced that he was suspending the dollar’s convertibility into gold. This announcement upended the Bretton Woods monetary...

<p>In Part 2: The Banking Crisis, we pick up where Part 1: The Housing Bubble leaves off—with financial institutions all over the world holding mortgage-backed securities as housing prices start to collapse at the end...

<p>In this episode, we tell the story of the modern mortgage market, how Wall Street financialized it, and how easy credit inflated one of the biggest bubbles in American history. A bubble that, when it finally popped...

<p>Quick heads-up: this was our very first episode. We’ve gotten much better since publishing this. If you’re new or looking for the best way to learn about the Dot-Com market cycle, start with The Dot Com Boom...