In this episode of the Money Stuff Podcast, the hosts dive into three intriguing topics. First, they explore how prediction markets like Polymarket can be manipulated and their impact on actual financial markets. Next, they discuss tax-aware long-short investment strategies that wealthy individuals use to reduce their tax liabilities. Finally, they address the resignation of Super Micro's auditor, EY, amid allegations of accounting irregularities, shedding light on the complexities and potential fallout of such a move. The conversation covers the ease of manipulating prediction markets, the nuances of tax optimization, and the significant implications of an auditor stepping down from a publicly traded company.
