2min chapter

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Hedgeye Investing Summit VIII: Michael Taylor, Portfolio Manager, PINK Shares for the Cure

Hedgeye Podcasts

CHAPTER

The Hangover

The great m m t ex experiment o modern monetary theory is under way. We sent blankds checks out to everybody and they turned around and spent it all, pretty much. And the hangover looks like this, where the comps are impossible. The margins that most of these companies enjoyed in 20 21 are going to be looked back upon as lifetime, all time high margins for manyThese companies will never ever be duplicated. It's beyond a long shot.

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