{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fsignal-or-noise.simplecast.com%2Fepisodes%2Fthe-madness-of-crowds-UU2iluBj","width":444,"version":"1.0","type":"rich","title":"The Madness of Crowds","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/100b76a0-757a-4a7e-9db9-115aa882e067/4346f526-74df-4829-892d-1933ea152300/signal-or-noise-podcast-cover-art-3000x3000.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/8fdb17ca-84f9-463c-9e8e-e8bd0a1624d3\" height=\"200\" width=\"100%\" title=\"The Madness of Crowds\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"With signs of frenzied speculation everywhere, Peter and Charlie discuss SpaceX’s recent IPO, abnormally high semiconductor index returns and the danger of chasing performance before explaining why heavily equity-based diversified portfolios have enjoyed outsized performance over the last decade."}