# This Cycle Taught Investors All The Wrong Lessons Page: https://stenobird.com/podcast/know-your-risk-podcast-218898/this-cycle-taught-investors-all-the-wrong-lessons Text version: https://stenobird.com/podcast/know-your-risk-podcast-218898/this-cycle-taught-investors-all-the-wrong-lessons.md Podcast: [Know Your Risk Podcast](https://stenobird.com/podcast/know-your-risk-podcast-218898) Published: 2026-06-22T21:22:03+00:00 Episode link: https://www.spreaker.com/episode/this-cycle-taught-investors-all-the-wrong-lessons--72639352 Audio file: https://api.spreaker.com/download/episode/72639352/kyr_podcast_6_22.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/know-your-risk-podcast-218898/episodes/this-cycle-taught-investors-all-the-wrong-lessons Duration seconds: 3060 ## Resource June 22, 2026 - Zach and Chase discuss the dramatic collapse in SpaceX shares, why valuation still matters, and how this market cycle may have conditioned investors to ignore risk. They break down IPO speculation, AI-era valuations, bond yields, Mag 7 weakness, global markets, and why some of today's most popular investment narratives could be teaching exactly the wrong lessons. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/know-your-risk-podcast-218898/episodes/this-cycle-taught-investors-all-the-wrong-lessons/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/know-your-risk-podcast-218898/this-cycle-taught-investors-all-the-wrong-lessons.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.