Masters in Business

Anthony Yoseloff, Managing Partner and CIO of Davidson Kempner, shares his journey through the finance industry after transitioning from law. He emphasizes the importance of absolute return strategies in today’s climate, focusing on adaptability amidst market volatility. Yoseloff discusses the growth of distressed investments and the anticipated revival of mergers and acquisitions, influenced by new market conditions. He also reflects on innovative real estate strategies and offers advice for future finance professionals, highlighting the need for diverse investment perspectives.

Ted Seides, Founder and CIO of Capital Allocators, draws on his experience at Yale’s investments office to unravel the complexities of hedge funds. He examines the explosive growth of this asset class, now over $5 trillion, and the evolving perceptions of its performance. Seides stresses the importance of realistic expectations versus media sensationalism, discusses the significance of risk management, and explores the changed landscape of fees since the financial crisis. Ultimately, he helps listeners evaluate if hedge funds fit their investment strategies.

Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, shares her extensive knowledge in asset management, having held leadership roles at major firms. She discusses the challenges of adapting to the 'Great Normalization' in markets, emphasizing the psychological barriers investors face during downturns. Shalett highlights the role of technology in enhancing client services and the exciting potential of generative AI in investment strategies. With a journey spanning significant mergers, she reflects on the future of wealth management and the importance of personalized financial planning.

The podcast dives into Newsmax's astonishing 179% stock surge post-IPO, spotlighting its $30 billion valuation amid market volatility. It also tackles the entertainment industry's ticket scalping issues, featuring high-profile examples like Taylor Swift's concert. Additionally, there's an engaging talk about Bon Iver's upcoming album and a review of PVH's strong earnings, infused with pop culture references that add a humorous twist to the financial discussion.

Bestselling author and financial journalist Michael Lewis, known for hits like "Moneyball" and "The Big Short," discusses his latest work, "Who is Government." He highlights the often overlooked yet vital roles of civil servants in delivering essential services and examines the chaotic nature of governmental transitions, particularly post-Trump election. Lewis reveals compelling stories of individuals whose lives intersect with governance and the complexities of effective storytelling in a divided society, while exploring the paradox of safety and risk in our lives.

Boaz Weinstein, founder of Saba Capital Management, dives into the world of activist investing, focusing on how funds can reclaim their fair value when trading below NAV. He shares strategies for identifying undervalued closed-end funds and engaging with management for greater shareholder returns. The discussion touches on the challenges posed by entrenched management and the intricacies of navigating investment trusts amid economic shifts. Weinstein also highlights the advantages of closed-end fund ETFs and insights on leveraging mispriced assets.

Dive into the latest stock market trends with a quick look at the winners and losers of the day. Discover the standout performance in sectors like aluminum and steel, while also examining the wild volatility of cryptocurrency. Gain insights on essential companies making headlines, and find tips on where to look for deeper market analysis. It's a whirlwind of information for any savvy investor!

Jim O'Shaughnessy, Founder and CEO of O'Shaughnessy Ventures LLC, shares insights from his journey in finance and entrepreneurship. He discusses the impact of the financial crisis on his investment philosophy, emotional decision-making in finance, and the significance of clear communication in earnings calls. O'Shaughnessy also explores the enduring charm of physical books in a digital age, the evolution of investment tools like Canvas, and the role of AI in enhancing creativity across sectors.

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, manages over $10 billion in crypto assets and shares insights on the future of cryptocurrency. He discusses the core concepts of Bitcoin as a digital asset and Ethereum's utility for programmable applications. Hougan highlights how smart contracts could disrupt ticket sales, ensuring artists benefit from resale. He also explores the journey of crypto from skepticism to mainstream acceptance and emphasizes the balance between speculation and responsible investing in this dynamic landscape.

Stephanie Kelton, a professor of economics and public policy at Stony Brook University, dives into the world of Modern Monetary Theory and its implications for U.S. fiscal policy. She critiques traditional views on budget deficits and highlights the case study of Japan's economic stability despite high deficits. Kelton discusses her unexpected journey from aspiring dentist to influential economist, and the importance of bipartisan collaboration in budget hearings. The conversation also touches on challenges of inflation and the bold proposal of a government-funded job guarantee.