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Explore the intricacies of CPython's memory management and object handling in this 26-minute EuroPython 2021 conference talk by Eli Holderness. Delve into the world of pointers in Python, understanding the difference between 'is' and '==', the necessity of deepcopy, and the nuances of object lifetimes. Discover what pointers are and where they appear in Python code, learn about object IDs and their significance, and understand how CPython manages object lifetimes and garbage collection. Gain insights into reference counting, cyclic references, and the inner workings of the garbage collector. Suitable for Python beginners and experienced developers alike, this talk provides a comprehensive look at Python's memory magic without requiring prior knowledge of C programming.