Today’s guest is Harris Kupperman, but you may know him as Kuppy! He’s the founder and CIO of Praetorian Capital, a global micro hedge fund. In today’s episode, Kuppy shares why the macro set up today leads him go be as bullish on oil as it gets. He touches on the Fed, OPEC, ESG, and how he’s implementing this trade.To preview KEDM, click here-----Follow Meb on Twitter, LinkedIn and YouTubeFor detailed show notes, click hereTo learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com-----This episode is sponsored by Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Visit masterworks.com/meb to skip their wait list.-----The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world’s largest institutions, funds, and money managers. Subscribe for free here.-----Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com-----Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. -----Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! -----Disclaimer: Past performance is not indicative of future results. This document does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. To the extent that the reader has any questions regarding the applicability of any specific issue discussed above to their specific portfolio or situation, prospective investors are encouraged to contact Cambria or consult with the professional advisor of their choosing. Certain information contained herein has been obtained from third party sources and such information has not been independently verified by Cambria. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by Cambria or any other person. While such sources are believed to be reliable, Cambria does not assume any responsibility for the accuracy or completeness of such information. Cambria does not undertake any obligation to update the information contained herein as of any future date. All investments involve risk, including the risk of the loss of all of your invested capital. Please consider carefully the investment objectives, risks, transaction costs, and other expenses related to an investment prior to deciding to invest. Diversification and asset allocation do not ensure profit or guarantee against loss. Investment decisions should be based on an individual’s own goals, time horizon, and tolerance for risk. Masterworks is not registered, licensed, or supervised as a broker dealer or investment adviser by the SEC, the Financial Industry Regulatory Authority (FINRA), or any other financial regulatory authority or licensed to provide any financial advice or services. Source: (2022, September 13). Wall St suffers worst sell-off since June 2020 after inflation data. Financial TimesSource: (2022, September 19). Fund managers pitch ‘alts’ to retail investors as institutions max out. Financial TimesSource: (2022, September 30). Inflation punches Wall Street again, ending knock-down quarter. ReutersSource: (2022, June 24). State of the Art Market: An Analysis of Global Auction Sales in the First Five Months of 2022. Artnet News. Learn more about your ad choices. Visit megaphone.fm/adchoices

Louis-Vincent Gave and Harris Kupperman discuss the emerging bull market in emerging markets, the debasement of Western currencies, and the underinvestment in energy leading to a structural energy crisis. They also explore the investment thesis on the energy sector, focusing on uranium, and discuss the significant net migration to Florida and the reasons behind it. The podcast ends with a discussion on China's strategy and upcoming episodes on macro energy and industrial material connections.

Financial market expert and investor Harris Kupperman discusses potential market scenarios in 2024, including bond sell-offs, Fed rate hikes, and opportunities in oil, gold, uranium. He also shares insights on gaining gold exposure, the A.I trade, and Bitcoin. The discussion covers various investment strategies and risks in a changing market landscape, including the impact of rising interest rates on banking and the economy.

Kuppie joins Patrick to discuss his investment strategy of buying cheap assets with a tailwind, managing concentrated positions, and the potential of the uranium market. They also talk about the earnings growth and buyback programs of Valeris and Tidewater, the mispricing of Joe's stock, and their profitable Twitter accounts. They tease a special holiday episode and a dinner exclusive to a few lucky listeners.

Harris Kupperman, CIO and founder of Praetorian Capital, shares insights from his experience running a hedge fund with over $300 million in AUM. He discusses his unconventional focus on ultra-high-net-worth investors and the benefits of diversifying LPs. Kupperman emphasizes the importance of authenticity in brand building through his blog, Kuppy’s Korner. He also explores the challenges of raising capital, the shift from institutional to individual investors, and the role of intuition in making investment decisions.