Decoded with Ryan Pallotta Harnessing the trend of fund managers creating content and the urgent need to reinvent the way people invest w/ Michael Wang
Today Ryan Pallotta is talking with a very special guest, Prometheus Founder and CEO Michael Wang. Mike's an award-winning hedge fund veteran. An alum of Steve Cohen's legendary SAC Capital, Wang contributed to Tourbillon Capital Partners' early success before winning accolades as Cypress Funds' portfolio manager and co-managing partner.
Mike created Prometheus around his strong belief that everyone should have access to information and investment opportunities that, historically, have only been accessible to a select few.
This amazing podcast covers a lot of ground. Mike begins by describing the nascent trend of fund managers creating content to grow their audience and raise capital at scale and how he created Prometheus to develop this phenomenon.
He talks about the limited credibility and utility of information shared on the subreddit WallStBets, and why people are waking up to the fact that investing success isn't nearly as easy as they may have initially thought.
Mike later explains why the financial conditions we've enjoyed in recent times won't be returning for some time and why exposure to alternatives will be the key to investors protecting and growing their wealth in the months and years ahead.