The Covered Call Podcast Podcast

What if the biggest problems we face - climate change, AI, even war - have no nationality?We sat down with Jen Zhu Scott: investor, entrepreneur, mom, and the visionary behind PowerDynamics.ai.Named one of Forbes’ Top Women in Tech, Jen has advised HBO’s Silicon Valley, spoken on the TED stage, and now she’s building containerized compute and energy infrastructure to decentralize power—both literally and figuratively.But this episode goes much deeper than tech.We talk about:* Growing up in West China and catching a “lucky break” in Shenzhen* Why younger generations “lying flat” may be more evolved than we think* What it means to raise grounded kids in an AI-driven world* How Taoism helps her navigate leadership, parenting, and uncertainty* Why the West keeps getting surprised by China—and what that revealsAnd she drops one line we’ll never forget:“The biggest problems in the world aren’t American, Chinese, or German. They’re human.”If you care about the future - yours, your kids’, or the planet’s - this one’s worth your time.As always, thank you for being part of this curious and freedom-seeking tribe.Lovis & Jason This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

In this episode, Jason and Lovis engage with Alex Ostergaard, exploring his unique background, influences, and insights into personal development and investment strategies. Alex shares his journey from a non-traditional education path to becoming a successful real estate investor in Switzerland, emphasizing the importance of applying theories in real life. The conversation delves into the significance of self-image, resilience, and the impact of Austrian economics on decision-making and investment strategies. In this conversation, Alex shares insights into his family's real estate business, emphasizing the importance of having a personal stake in investments. He discusses the advantages of investing in Swiss real estate compared to other markets, highlighting the stability and potential returns. The conversation also touches on the significance of due diligence, the impact of currency strength on investment returns, and the future goals of the business. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

In this engaging conversation, CJ Gustafson shares his unique approach to business and writing, emphasizing the importance of being approachable and authentic. He discusses his journey of discovering product-audience fit, the balance between cash and equity businesses, and the significance of building relationships within the community. The discussion also touches on the impact of AI on business efficiency, the challenges of buying existing businesses, and the importance of obsession in entrepreneurship. Ultimately, CJ highlights the need for work-life integration and the joy of pursuing one's passions while creating value for others. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

Join us as we sit down with Louis Vincent Gave, CEO of Gavekal, a leading financial research and fund management firm known for its East-West perspective. In this episode, recorded just weeks after Trump’s inauguration, Louis dives into the shifting global landscape - from a multipolar world and U.S. dominance to China’s industrial leapfrog over the West. With his unique vantage point from Hong Kong, Beijing, and beyond, Louis shares insights on macro investing, raising resilient kids in an AI-driven future, and why he bets on the renminbi and Brazilian markets. Plus, hear his take on must-read books like Parkinson’s Law and The General Theory of Portfolio Construction from his father’s work. Whether you’re an investor, parent, or global thinker, this conversation is packed with wisdom and wit!PS.: Only after the recording did we realize that the audio quality of Louis's track was poor. We used AI to enhance it - this made the audio useable but some distortions are noticeable. We kindly ask you to excuse us. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

Swen Lorenz shares his unique journey as an investor, entrepreneur, and writer, emphasizing the importance of contrarian thinking, networking, and pursuing freedom. He discusses his early interest in investing, the value of non-traditional education, and the lessons learned from both successes and failures in his career. Swen also highlights the significance of building relationships and the opportunities available in cities like London, as well as his experiences living on the island of Sark. The discussion culminates in insights about the current investment landscape and the upcoming Weird S**t Investing Conference.Chapters00:00 Introduction to Swen Lorenz and His Journey03:51 The Importance of Taking Risks and Networking06:29 Education vs. Real-World Experience09:40 The Role of Freedom and Independence in Career Choices12:37 Establishing a Productive Routine15:25 The Impact of Location on Opportunities18:45 Building a Community and Networking Effectively21:21 Entrepreneurship: The Reality Behind the Glamour24:27 The Value of Consistency in Content Creation27:33 Weird S**t Investing: A Unique Investment Conference30:48 The Power of Contrarian Thinking in Investing46:23 Event Exclusivity and Vetting Process47:25 Investment Beliefs and Market Overvaluation50:17 The Value of Risk and Entrepreneurship53:19 AI and Originality in Investment Ideas55:17 Lessons from a $7 Million Failure57:53 Building a Network and Online Presence59:17 Reflections on the Conversation This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

In this episode, Lovis and Jason sit down with Luke Gromen to explore the intersection of family, freedom, and finance, drawing on Luke's transformative journey from his formative Boy Scout experiences to his rise as a leading macroeconomic thinker and founder of FFTT, LLC. The conversation delves into the lessons Luke learned navigating the 2008 financial crisis, the pivotal decision to embrace creative control in his career, and the profound influence of mentorship and family on his personal and professional success. With reflections on resilience, the evolving global economy, and the balance between independence and responsibility, this episode offers a deeply personal and thought-provoking look at what it means to live life on your own terms.TakeawaysThe balance between risk-taking and safety is crucial.Experiences in the Boy Scouts taught resilience and survival skills.Creative control in business allows for authentic expression.The 2008 financial crisis reshaped economic understanding.COVID-19 accelerated changes in economic dynamics.Maintaining freedom requires a balance between systems.Mentorship plays a vital role in personal development.Choosing the right partner is essential for success.Family and relationships provide the richest experiences in life. Flexibility in thinking is key to navigating challenges.Chapters00:00 Introduction and Background02:25 Formative Experiences and Lessons from Boy Scouts05:18 Parental Influence and Risk Management07:56 Transitioning to Professional Life11:00 The Impact of 2008 Financial Crisis13:44 Starting FFTT and Creative Control16:35 Navigating Macro Trends and Market Changes19:39 The Evolution of Economic Dynamics Post-COVID22:13 Personal Reflections on Freedom and Technology25:15 Advice for Freedom-Minded Individuals28:04 The Future of Economic Systems and Global Relations48:27 The Impact of Technology on Financial Freedom51:06 Mentorship and Personal Growth53:40 Investments Beyond Career: Family and Fitness56:31 The Importance of Choosing the Right Partner59:40 Family as an Asset01:01:15 Navigating Life's Choices and Luck01:02:12 Closing Thoughts and Future Aspirations This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

In this engaging conversation, Ferg shares his unconventional journey from a sheep and beef farm in New Zealand to living a fulfilling life in Bali as a contrarian investor. He discusses his transition from traditional asset management to trading, the importance of finding value in hated sectors, and his insights on the current market landscape. Ferg emphasizes the significance of family, freedom, and community, while also addressing the realities of renewable energy and the investment opportunities in China. His passion for Brazilian Jiu-Jitsu (BJJ) serves as a metaphor for his approach to life and investing, highlighting the balance between physical and mental challenges.Check out Ferg's Substack at: traderferg.substack.comTakeawaysFerg transitioned from farming to finance after realizing the unpredictability of agriculture.He found inspiration in a mentor who taught him about investing in hated sectors.Living in Bali allowed Ferg to manage his own investments and enjoy a lower cost of living.Ferg emphasizes the importance of family and spending quality time with loved ones.He believes in the value of transparency and sharing mistakes in the investment community.Ferg's investment strategy focuses on finding value in unloved sectors and contrarian opportunities.He discusses the challenges of relying solely on renewable energy sources.Ferg sees potential in the Chinese market despite negative sentiment.His approach to investing is influenced by his experiences in Brazilian Jiu-Jitsu.Ferg believes that personal development and physical fitness are crucial for mental clarity.Chapters00:00 Ferg's Journey: From New Zealand to Bali 11:05 Investing Philosophy: Contrarian Insights and Market Strategies 20:32 The Coal Debate: Economic Realities vs. Environmental Concerns 21:32 The Energy Crisis in Germany 26:56 The Challenges of Renewable Energy 32:17 The Illusion of Energy Transition 36:04 Finding Freedom in Lifestyle Choices 40:49 Building a Community Through Authenticity 49:11 Investment Strategies and Market Insights 01:00:06 China's Rise and Global Manufacturing Dynamics 01:02:13 The Complexity of US-China Relations 01:04:00 Investment Perspectives on Chinese Stocks 01:06:24 The Impact of Passive Investing on Market Dynamics 01:08:15 The Role of BJJ in Personal and Professional Life 01:12:13 Navigating Market Volatility and Personal Well-being 01:14:29 Introduction to Ferg's Substack This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

Rick Rule on Entrepreneurship: Deliver Value and ThriveIn this episode of the Covered Call Podcast, we engage with legendary contrarian investor Rick Rule, exploring his insights on Bitcoin, natural resources, and the principles of capitalism. Rick shares his journey into the world of gold and investments, emphasizing the importance of understanding market dynamics and the risks associated with speculation. The conversation delves into cultural perspectives on capitalism, the significance of building a personal brand, and the launch of Rick's new venture, Battle Bank, which aims to serve aspiring individuals seeking financial independence. Takeaways:- Rick Rule emphasizes the importance of understanding market forces before investing. - He believes Bitcoin and cryptocurrencies are outside his competitive advantage. - Gold has the potential to regain its role as a medium of exchange. - Rick's journey into natural resources was driven by a combination of personal interests and market opportunities. - He defines capitalism as solving societal problems for profit. - Cultural perspectives on capitalism vary significantly across countries. - Rick highlights the risks associated with state intervention in markets. - He advocates for a service mindset in business to build lasting relationships. - Education and value delivery are key to building a personal brand. - Rick's new venture, Battle Bank, aims to empower individuals with financial independence. Chapters:00:00 - Introduction and Context Setting 01:46 - Bitcoin and Cryptocurrency Perspectives 05:00 - The Future of Gold and Blockchain Technology 07:49 - Rick Rule's Journey into Natural Resources 10:42 - Capitalism and Libertarianism Explained 16:50 - Cultural Perspectives on Capitalism 20:45 - Risk, Speculation, and Philanthropy 25:45 - Practical Steps for Promoting Capitalism and Libertarianism28:39 - Building a Personal Brand in the Digital Age 32:06 - The Power of Education and Value in Marketing 35:29 - The Shift from Sales to Service Mindset 38:19 - Finding Freedom and Purpose in Work 41:53 - Lessons Learned from Market Experiences 45:32 - The Importance of Asking for Help 48:12 - Physical Fitness and Its Role in Life 50:28 - Reflections on Wealth and Market Understanding 52:36 - Introducing Battle Bank: A New Banking Concept Rick's projects: https://battlebank.com/ https://www.ruleinvestmentmedia.com/ https://ruleclassroom.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

Thrive Despite Chaos: Doug Casey’s AnCap Blueprint for a Life of FreedomIn this engaging conversation, Doug Casey shares his insights on a variety of topics, including his life in Uruguay, the appeal of South America, the importance of travel, and the evolution of his beliefs. He discusses the current state of capitalism, the future of gold and Bitcoin, and the significance of mentorship. Doug also reflects on the decline of education and the value of building genuine friendships, all while emphasizing the importance of being proactive in life and the role of speculation in the financial world. Books by Doug Casey:- Speculator (first novel in his series with co-author John Hunt) - Drug Lord (second novel in the series) - Assassin (third novel in the series) - Upcoming: Terrorist (next installment in the series) - Upcoming: The Preparation Books Doug References:- You Can Profit from the Coming Devaluation by Harry Browne - The Virtue of Selfishness by Ayn Rand - Economics in One Lesson by Henry Hazlitt - The Market for Liberty by Morris and Linda Tannehill - The Conscience of a Conservative by Barry Goldwater - Diamond Age by Neal Stephenson - Thinking the Unthinkable by Herman Kahn - On Thermonuclear War by Herman Kahn Takeaways:- Doug Casey emphasizes the importance of travel for personal growth. - He believes that South America offers unique opportunities for those seeking freedom. - Doug discusses the decline of traditional education and the need for critical thinking. - He advocates for finding mentors to guide personal and professional development. - Doug views Bitcoin as a viable alternative to traditional currencies.- He expresses optimism about the future of Argentina under new leadership. - Doug highlights the difference between speculation and investment. - He believes that genuine friendships are built on shared values and character. - Doug argues that morality can be navigated through rational philosophy rather than religion. - He stresses the importance of being proactive in life to achieve personal goals. Chapters: 00:00 - The Influence of Generations 11:18 - Traveling and Living Abroad 21:07 - The Impact of Social Media on Society 21:19 - The Importance of Source Verification 23:43 - Traveling as a Tool for Perspective 26:13 - Navigating Morality Without Religion 29:18 - Libertarianism and Moral Philosophy 33:23 - The Life of a Speculator 37:33 - Understanding Fascism in Modern Economics 41:35 - The Role of Gold in Investment Strategies 44:17 - The Value of Mentorship 47:40 - Imagining a World Without Nation-States 51:24 - Building Genuine Friendships and Communities 01:07:25 - Reflections on Regrets and Moral Mistakes 01:09:05 - The Evolution of Beliefs: Nature vs. Nurture 01:14:30 - Argentina's Political Landscape and Economic Optimism01:17:51 - Global Threats: Nuclear War and Its Implications 01:29:00 - Speculation in the Digital Age: Bitcoin and Beyond Doug’s Media Outlets and Projects: - International Man Website: internationalman.com - Weekly articles by Doug and other contributors. - Doug Casey’s Take YouTube Channel:  @DougCaseysTake  Co-hosted with Matt Smith, discussing politics, economics, and speculation. - Doug's Novels Speculator, Drug Lord, Assassin (Available on Amazon). This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com

East Meets West: Jason Explores the Cultural Divide on Change and ValuesThis conversation explores the contrasting perspectives between Western and Asian views, particularly focusing on how Westerners perceive China and how Chinese people view themselves. The speaker, Jason, shares insights from his personal experiences and observations, discussing cultural celebrations, foundational texts, and moral philosophies. He emphasizes the importance of understanding these differences to foster better communication and relationships between cultures.Takeaways:- Western views of China often rely on stereotypes and misconceptions.- Cultural celebrations reflect deeper values and beliefs in each society.- The Chinese Lunar New Year symbolizes overcoming challenges rather than celebrating change.- Foundational texts in Chinese culture emphasize inherent goodness, contrasting with Western views of original sin.- The golden rule encourages action in the West, while the silver rule promotes caution in the East.- Understanding cultural differences can improve international relations and business practices.- The Chinese perspective on change is often cautious and pragmatic.- Western ideals often prioritize individualism and action, while Chinese ideals focus on harmony and balance.- China's approach to global influence is more about stability than expansionism.- Future interactions between East and West will require nuanced understanding and respect for differences.Chapters:00:00 - Introduction to Cultural Perspectives03:04 - Western Views on China05:56 - Cultural Context: Celebrations and Traditions11:26 - Foundational Texts: East vs. West17:33 - Moral Frameworks: Golden and Silver Rules20:17 - Practical Applications of Ideals26:07 - Future Implications of Cultural Differences32:41 - China's Global Perspective and Historical Context34:05 - China's Quest for Stability and Strength This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.thecoveredcallpod.com