Ep. 99 Real Conversations: Chris Whalen, Chairman, Whalen Global Advisors
Hedgeye Podcasts
00:00
How to Make Sense of a CMO's Liquidity Problem
A firm has lost money every year because of their comp to their insiders. They've been driven into liquid investments and quote unquote private equity. And so, you know, they're going to get crushed. This is misallocation of resources. When you have people playing God in Washington behind, you remember the Wizard of Oz with the buttons and the, the letters, that's Jay Powell. I don't think he's an evil or disingenuous man. But their mandate has got to be changed. Or we're going to destroy the country.
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