Adam Abbas, Portfolio Manager and Head of Fixed Income at Oakmark, dives deep into the world of credit markets. He shares valuable lessons from the TMT sector and the impact of zero interest rates on investing. The conversation touches on the evolving landscape of fixed income, including the rise of private credit and potential future defaults. Adam also discusses strategic insights for high yield investments, emphasizing the delicate balance the Fed must maintain amid economic challenges. This engaging discussion is a must-listen for anyone interested in fixed income strategies.

Eric Seufert, a leading expert on digital advertising, shares his insights on the current landscape shaped by Apple's App Tracking Transparency policy. He discusses Meta's adaptation and recovery, alongside Twitter's advertising challenges. The conversation highlights misconceptions about targeted advertising and the balance between user privacy and effective marketing strategies. Seufert also explores the rise of retail media networks and the transformative impact of AI on advertising, emphasizing the need for transparency in a data-driven world.

Sam Rines, an economist and managing director of Corbu LLC, returns to share his insights just before the upcoming election. He dives into potential market scenarios and the impacts of a split Congress. Rines discusses the strength of the US consumer amidst economic uncertainty and the Fed's role in market dynamics. He also highlights surprising resilience in sectors like travel post-COVID. Additionally, he examines strategic investment shifts from major companies and the implications for inflationary markets. Tune in for thought-provoking analysis!

Joe Magyer, founder of Seaplane Ventures and an expert in venture capital, shares his insights during a fascinating discussion. He dives into the Federal Reserve's potential rate cuts and their impact on market dynamics. The conversation highlights the evolution of startup asset management and the importance of personalized investment strategies. Magyer also reflects on the emotional journey from corporate life to entrepreneurship and shares thoughts on the transformative prospects of Web3 technology for music and art.

The discussion highlights the S&P's impressive 6% rise in Q3 2024, spurred by a pivotal 50 basis point rate cut from the Federal Reserve. Insightful reflections on market sentiment and the complexities of predicting Fed actions are shared. The hosts analyze the effects of fiscal stimulus and wage inflation on private markets, while cautioning about risks like potential inflation resurgence and elevated government debt. They also explore the evolution of the private investment landscape and the shifting dynamics of the betting industry, providing an engaging glimpse into contemporary financial themes.

Robbie Cannon, founder of Horizon Investments, shares insights from his journey of building a $7B asset management firm. He discusses the evolution of the industry over 25 years, emphasizing the integration of technology like AI and the emergence of robo-advisors. Robbie highlights the blurred lines between wealth and asset management, the influence of private equity, and the shift towards personalized financial advice. He also explores how digital innovations are reshaping user experiences and the future landscape of financial services.

In this engaging conversation, Jerry Derevyanny, a partner at Bengal Capital with years of experience in the cannabis industry, delves into the intricacies of cannabis investing. He discusses the Ants versus Locusts framework, exploring market dynamics and sustainable strategies. Jerry contrasts the cannabis market with the alcohol industry, shedding light on branding and consumer expectations. The impact of U.S. elections on cannabis regulations and the emergence of THC beverages in convenience stores also make for intriguing insights in this unique sector.

David Nadig, the Financial Futurist for ETF Trends, shares his extensive 25 years of ETF experience. He dives into the impact of passive versus active investing, discussing how massive inflows into index funds may threaten market price discovery. Nadig explores the inelastic market hypothesis and its implications for volatility. He also tackles the role of informed versus uninformed traders and critiques traditional indexing flaws, urging a reflection on the state of modern capitalism and investment strategies.

Nir Kaissar, founder of Unison Advisors and a prominent economic commentator at Bloomberg, dives into the paradox of strong economic metrics paired with public discontent. The discussion highlights wage stagnation amidst rising corporate profits and the transparency crisis in compensation. Kaissar examines recession indicators and warns about risks in private equity. He also touches on the skepticism surrounding commercial real estate post-pandemic and analyzes the 'Magnificent Seven,' stressing the sustainability of their growth in the current market landscape.

Mark Dow, founder of behavourialmacro.com and a former economist at the US Treasury and IMF, challenges conventional economic wisdom. He explains why economists often struggle as investors and delves into his unique market approach. Mark argues that quantitative easing has minimal impacts and expresses a surprising lack of concern over US debt levels. He also discusses the psychological forces shaping market narratives and highlights the need for understanding financial stability in today's economy.