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Red Bull and Vodka Economy (guest: Harris Kupperman ‘Kuppy’)

The Market Huddle

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The Risks of EMPs

I think the real risk is that it's the risk that almost all these EMPs face. I suspect the tax will be way less than everyone expects. But Trudeau can just wake up in a bad mood one day and your asset gets zeroed. Everything's kind of playing out like I thought it would. The value keeps building. They bought back some shares, they pay a dividend. It trades with the rest of the housing basket. And then, you know, Hedge Eye is coming out with a short report. So I'm excited to see what they've been threading it for a while now. We have a refugee crisis, basically. Everyone's leaving New York. No, seriously

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