Lord Michael Spencer

Michael Spencer, a UK billionaire and the mastermind behind ICAP and Nutshell Asset Management, breaks down modern trading strategies. He argues that the traditional buy-and-hold philosophy is outdated, emphasizing that trading costs have drastically decreased. Spencer delves into the significance of private investments and how AI can enhance decision-making. He critiques American market overvaluation while advocating for reforms in the UK to boost competitiveness. It's a fascinating take on adapting to new market dynamics!

Former Conservative party treasurer and donor, Lord Michael Spencer, discusses the party's direction post-election. Topics include rebuilding the party, reflections on the recent defeat, and debates on maintaining a right-wing or centrist approach. Additionally, the podcast explores the challenges faced by Joe Biden and potential turmoil within his own party.