Making Markets

Sajith Pai, a VC at Blume Ventures and a prominent thinker on India, dives into the complexities of India's market. He explains the cultural dynamics affecting trust in e-commerce, emphasizing the preference for cash payments due to skepticism. The discussion highlights the unique venture capital landscape, where low consumer debt coexists with rising startups. Pai also touches on transforming informal markets and the distinct challenges investors face when exiting. His insights illuminate the opportunities and innovative business models emerging in this vibrant economy.

Delving into the remarkable Q2 market performance, they talk about active management challenges and AI boom. Tech giants' capital deployment, fixed income insights, and election year influences are discussed. Also, they touch on small cap performance, international markets, and the rise of crypto.

Nat Eliason, author of Crypto Confidential, shares his rollercoaster journey in the crypto world, discussing his wins, losses, and experiences with hacks and scams. He touches on the Olympus project, building a career on early adoption, and his transition to writing. The conversation also covers marketing in crypto, the Rome cult movement, and the challenges of career interests.

Former regulator turned Binance CEO Richard Teng discusses lessons learned, working with regulators, customer focus, Nigeria incident impact, ETF influence, and positive global crypto regulatory outlook.

Guest Phil Huber, Head of Portfolio Solutions at Cliffwater, discusses the booming private credit market, covering topics like downside protection, due diligence, demand, and volatility. He also shares insights on his career journey and role at Cliffwater.

Baseball agent B.B. Abbott discusses the intensity of childhood athletics, economics of player-agent model, impact of NIL on College Baseball, and how analytics enrich scouting in an action-packed episode.

Former CIO of Unlimited Funds, Bob Elliot, discusses the current market cycle, US deficit, inflation, and bond yields. He explains the Fed's reaction function and shares insights on gold, bitcoin, housing, commercial real estate, and private equity.

Ben Gordon, CEO of Fractal, discusses the appeal of farmland investments, challenges in the sector, Fractal's unique business model providing equity capital to farmers, tax benefits for investors, and risks associated with investing in farmland. The podcast also explores technical innovation, climate change impact on farming, ESG impact investing, and challenges in the farmland asset class.

Adam Terry, Co-founder and CEO of Cantrip, discusses the science and regulatory landscape of cannabis beverages. Topics include THC vs. CBD, natural vs. synthetic cannabinoids, rise of THC beverages, regulatory challenges, market growth, and customer personas targeted by Cantrip.

Tony Cappell, Co-founder at Chicago Atlantic Group, discusses underwriting in the Cannabis industry. Topics include challenges in Cannabis lending, market segmentation, state regulations, credit risk, life cycle of a Cannabis deal, and overall private credit market dynamics.