Capital Allocators – Inside the Institutional Investment Industry Jonathan Tepper - Variant Perception of Capitalism (Capital Allocators, EP.110)
Oct 7, 2019
Jonathan Tepper, founder of Variant Perception and author of "The Myth of Capitalism," dives into his unique upbringing influenced by missionary work. He discusses the rise of monopolies in the U.S., specifically within tech giants and various industries, revealing how reduced competition harms innovation and drives inequality. Tepper explores the connection between corporate profits and wage stagnation, and he proposes reforms to improve merger regulations. His insights on economic indicators serve as a guide for making informed investment decisions.
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Uncommon Upbringing
- Jonathan Tepper's parents were missionaries in Spain working with heroin addicts.
- They founded a drug rehab center that operates several businesses run by the addicts themselves.
Entrepreneurial Spirit and Leadership Lessons
- Tepper observed his parents' entrepreneurial approach in running the rehab center and related businesses.
- He also highlighted the effective leadership lesson of empowering individuals with responsibility and growth opportunities.
Early Economics Education
- Tepper became interested in economics at a young age due to fluctuating exchange rates affecting his spending power.
- He also benefited from homeschooling, which allowed him to learn at his own pace and advance quickly.
