The Fort

#349 - Mark Hart - CEO/CIO Corriente Advisors - How He Predicted The ‘08 Housing Market Crash (And Won BIG)

Apr 25, 2024

Mark Hart, CEO of Corriente Advisors, discusses predicting '08 housing crash, thoughts on China, inflation, bitcoin, AI, and rebuilding life. Insights on macro trends, European debt crisis, and global trade. Transformative power of Jiu Jitsu on Wall Street and geopolitical tensions in 2024.

01:16:53

Episode guests

Mark Hart

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Episode notes

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Quick takeaways

Macro trends significantly impact stock prices, emphasizing the need for a broader economic perspective in investing.

Strategic capital raising requires compelling pitch decks and an understanding of macro trends for successful investments.

Achieving balance in life and investing through routines, adapting to trends, and holistic well-being practices is crucial for navigating economic landscapes.

Deep dives

Focus on Macro Economic Forces Over Company-Specific Factors

The podcast discusses the idea that while most efforts in equity investing focus on individual company research, the majority of a stock's price movement is influenced by macroeconomic forces and industry-specific factors. By emphasizing the larger economic context rather than purely company-specific details, investors can potentially achieve better results with less precision needed.

Introduction

3min

Transitioning from Investment Banking to Macro Hedge Fund Investing

4min

Navigating Macro Forces for Successful Investing

18min

Navigating the European Financial Landscape

7min

Transformative Power of Jiu Jitsu on Wall Street

6min

Geopolitical Landscape in 2024: China vs. United States

32min

Exploring the Benefits of a Global Remote Workforce and Talent Acquisition for Operational Efficiency

7min

Mark Hart is the CEO and Chief Investment Officer of Corriente Advisors and an active investor in private technology companies.

Throughout his career, Mark has developed a unique process and reputation for identifying potentially powerful macro and investment trends and opportunities ahead of consensus. Mark’s contributions and concepts have been widely showcased across various popular media platforms, earning him invitations to speak at prestigious gatherings of investment professionals in the Western world.

We discuss:

- Betting against the housing market in 2008

- How Mark developed his macro thesis

- Thoughts on China, inflation, bitcoin and AI

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Links

Mark on X

Corriente Advisors

Topics

(00:00:00) - Intro

(00:03:54) - Mark’s career