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I hate Fridays.This week we had a bantam weight world title decider between the contrarian and the populist. The Acid Capitalist squares up against Dylan Grice. Dylan spent years as a macro advisor tussling with the world's best hedge fund minds. He's worth a listen although the passing years haven't been kind. Still he's coining it in 😘
He takes us through his fund of fund allocations which have paid off this year. We go way back to discover revelations from his earlier career; just what was the payroll number? Schwager interviewed macro talents who could dream the number, Dylan wasn't bothered...
Everyone has a 2008 story. @dylangrice worked for disgraced Ponzi hedge fund manager Bernie Madoff ! An impressionable Dylan thought they rivalled Buffet in the liquidity stakes that fateful winter, little did he realise that he was part of a giant money laundering scheme.
Later @dylangrice was invited to pay his respects at the Manhattan palace of the great Carl Icahn. He regales us with the wonders of what he found there. If Steinhardt kept a gun in his drawer, Carl was more a hammer type guy. A young Dylan feared his seat was rigged to eject
#hedgefunds #macro #economics #trading #deflation
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