<p>This week: Retail investors usually stick to the stock market, but many are rushing to make bets on oil futures. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> discuss Emily’s piece about <a href="https://www.axios.com/2026/04/09/oil-crypto-retail-investors" rel="noopener noreferrer" target="_blank">“dumb money” moving into more sophisticated trading markets</a>—thanks to new crypto-driven platforms—and what’s motivating the trend.&nbsp;</p><br><p>Then, the hosts examine Bill Ackman’s grand plan to take over Universal Music Group, and explain the difference in how his SPARC differs from a SPAC.&nbsp;</p><br><p>Finally, the hosts delve into the New York Times’ <a href="https://www.nytimes.com/2026/04/08/business/bitcoin-satoshi-nakamoto-identity-adam-back.html" rel="noopener noreferrer" target="_blank">quest to uncover the mysterious creator of Bitcoin</a>, the pseudonymous Satoshi Nakamoto, and argue over the investigation’s conclusion.&nbsp;</p><br><p>In the Slate Plus episode: Do men suck at grocery shopping?</p><br><p>Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>