Episode 147: Oil Wars, Crypto Chaos and a $20 Billion Leverage Lesson

Oil is swinging wildly as tensions in the Strait of Hormuz escalate and Trump pushes for a deal. A $116 million crypto hack just hit cold storage wallets across 5,200 addresses. And a 25 year old "genius" fund manager just got wiped out after leveraging 40x into AI stocks, a case study in exactly what Buffett warned about decades ago.This week Steve, Tom and Jacob break down what's actually moving markets, why leverage is the fastest way to turn a good thesis into a bad outcome, and the real maths behind compounding your money (spoiler: it's slower than you think).Want the charts, the numbers and the full breakdown behind everything we cover on the show? Join the free Signals & Noise newsletter at totalmoneymanagement.com.au and get it straight to your inbox every week.If this episode was useful, the biggest favour you can do us is leaving a quick review. It genuinely helps more people find the show.This podcast is for informational purposes only and does not constitute financial advice. Total Money Management | AFSL 568642.