The ACID Capitalist Podcast

The Last Scotsman on Wall Street

Mar 26, 2025

Dive into the wild world of Wall Street in 2006, where extravagant parties and outrageous antics ruled the day. Meet Scotty, the last Scotsman, as he hilariously struggles with booze and the chaos around him. Discover the wild attempt to cover the smell of strippers with gasoline and the absurdity of mixing hedonism with high finance. Relive unforgettable nights and memorable characters in a landscape where decorum goes up in smoke. It's a madcap journey through a whimsical and reckless financial era.

13:37

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Quick takeaways

The podcast vividly illustrates the chaotic nightlife of Wall Street through Scotty's reckless escapades, highlighting the absurd risks taken in pursuit of success.

It emphasizes the significance of the summer camp in St. Barts as a unique opportunity for forging meaningful connections among diverse individuals in a creative and liberating environment.

Deep dives

The Iconoclastic Summer Camp Experience

A unique gathering known as the summer camp is highlighted, where participants come together in St. Bart's to connect with like-minded individuals from diverse backgrounds. This event is described as a rite of passage rather than a typical retreat, fostering an environment rich in conversation and creativity. Attendees share in adventures, exquisite meals, and engaging discussions, facilitated by the host's charismatic presence. The connections formed at this gathering create lasting friendships, allowing strangers to depart as dear friends, enhanced by the vibrant atmosphere and shared experiences.

Intro

3min

A Hiatus in Hedonism: Tales from Wall Street

7min

A Comedic Tale of Drunken Escapades and Consequences

4min

Send us a text

Welcome back to paradise, where the rosé is chilled, the sun strokes the sea, and your third ear is tuned to the gospel according to Hugh.

This week, I take you deep into the delirious heart of Wall Street circa 2006, an era of mutual fund gods, tax-deductible lap dances, and a man named Scotty who nearly exploded trying to mask the scent of strippers with gasoline.

Yes, really.

In a 15-minute acid-laced recital, I read a wild chapter from Derek Wallis’ Occupy a Job on Wall Street. It’s called Gasoline Stripper, but I’ve renamed it The Last Scotsman on Wall Street, a madcap tale of booze, bravado, and the slow incineration of financial decorum.

I riff, I reminisce (shoutout to Dolcis shoes and the Edinburgh's Balmoral Hotel and wine lunches of yore), and I ask the only question that matters:

Can you survive Wall Street if you're the kind of guy who thinks strawberry daiquiris excuse drunk driving?

Spoiler: probably not.

Pour yourself something cold, take a walk with me through midtown madness and fiscal fireballs, and if you're feeling bold, come to the Acid Capitalist Summer Camp 3.0 this August 17th in St. Barts.

Come as a stranger. Leave as a legend. https://www.acidcapitalretreat.com

And I'm delighted to announce that we were selected by FeedSpot as one of the Top 30 Hedge Fund Podcasts on the web.

https://podcast.feedspot.com/hedge_fund_podcasts/?feedid=5211632&_src=f2_featured_email

Find Derek Wallis' book here 👇

https://a.co/d/gKVySzC

Hugh Hendry
The Acid Capitalist

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