What podcasts say about James Davolos
Every statement, with the speaker, the exact quote and the moment it was said.
What James Davolos has said on podcasts
15 statements · 11 positive · 3 negative · 1 neutral
Derivatives are the best exchange products globally.
“The best products in the world are derivatives.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 8:50
Trading individual equities generates extraordinarily low profitability.
“the profitability of trading a share of Amazon or Google or any equity is extraordinarily low”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 9:59
Derivatives create substantial exchange moats in profitability and volume.
“derivatives are an enormous moat for both profitability around revenue per contract as well as the volume.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 11:42
Nominal growth, volatility, money velocity, and product innovation will be strengthened by AI.
“all of which I think are in secular growth trends, which are only going to be strengthened by AI.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 12:48
Exchange businesses have extremely high operating leverage.
“the operating leverage is absolutely enormous.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 13:15
Exchanges outperformed the market in cash-flow and share-price compounding after the GFC.
“the exchanges compounded cash flow and their share price as well in excess of the market”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 19:15
MIAX holds just under 17% market share.
“they're just under 17% market share.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 31:18
First-mover advantage is enormous during exchange technology transitions.
“first mover advantage is enormous in these types of transitions.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 40:53
Perpetual crypto futures will not achieve substantial institutional scale.
“I just don't see it happening because there's no way to lay off that risk.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 47:14
Perpetual futures pose an overstated threat to incumbent exchanges.
“I think that the entire concept of perpetual futures impacting incumbent exchanges is vastly overstated.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 49:07
Recent MIAX performance does not discredit its long-term investment thesis.
“I don't think it discredits the long-term thesis whatsoever.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 50:28
Proprietary futures products are the most valuable exchange opportunity.
“the holy grail of exchanges is a proprietary future product”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 55:01
Proprietary futures generate over ten times multi-listed products’ revenue per contract.
“the revenue per contract is more than 10x a multi-listed product”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 55:10
A successful Bloomberg 500 futures franchise could exceed MIAX’s market capitalization multiple times.
“Should it work, it is more than the market cap of MyEx by a multiple.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 57:21
MIAX investors must monitor execution, regulation, and market-volume risks.
“I think those are things that even the most. optimistic investor in MyEx and exchanges has to be very realistic about monitoring as they vet the thesis.”
Open the episode · Why Exchanges Beat the Market | James DavolosListen at 1:01:56
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.