The Physics of Financial Markets
· 40 min · Episode 196
Episode The Physics of Financial Markets
Do the hard laws of thermodynamics apply to your money? What can avalanches, boiling water, and quantum mechanics teach us about markets? We explore where physics meets finance—and what it reveals about volatility, crashes and portfolio decay.
And in today’s Dumb Question of the Week: What should you study if you want to work in finance?
---
Today’s podcast is sponsored by Freetrade, the commission-free investing platform.
New Freetrade offers:
• 2% cashback when you transfer £10,000+ in pensions (ends 31 Dec 2025) • 1% cashback for new ISA customers transferring £10,000+ (ends 31 Dec 2025)
Plus, get a free share worth £10 - £100 when you sign up via a referral link!
Freetrade makes investing simple and affordable, with award-winning service and transparent pricing. Learn more at freetrade.io/pensioncraft
Capital at risk. ISA & SIPP eligibility, tax rules, and T&Cs apply. Cashback capped at £1,000. Annual subscription required for SIPP offer.
---
Get in touch
📧 mhr@pensioncraft.com
🎧 many-happy-returns.captivate.fm
---
Join PensionCraft
🌐 Become a member at pensioncraft.com
▶️ Subscribe on YouTube
---
Disclaimer
This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.
Music ID: ZVMI9V6X4SOWSHY0
Copyright 2026 Many Happy Returns
Links in the notes 3
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.