We Study Billionaires - The Investor’s Podcast Network

Kyle Bass, founder of Hayman Capital Management and known for his foresight in the 2008 financial crisis, dives into the complex world of macroeconomic investing. He discusses alarming trends in China’s economy, including concerns over real estate and demographics. Bass advocates for farmland investments as a hedge against inflation and explores the implications of China’s new central bank digital currency. He also critiques Bitcoin amidst regulatory challenges and highlights the potential spike in oil and natural gas prices.

Tom Sosnoff, co-founder of the successful trading platform Thinkorswim and founder of Tastytrade, shares his billion-dollar entrepreneurial journey. He discusses how to leverage high implied volatility in trading, layering options on top of buy-and-hold strategies for income generation, and the optimal timing for buying and selling options. Tom also reflects on the influx of new traders entering the market and emphasizes the importance of risk-taking and authenticity in entrepreneurship.

In this discussion, Greg Foss, a seasoned fixed income trader, and Guy Swann, a Bitcoin influencer since 2011, dive into the bond market's impact on Bitcoin and finance. They explore how pop culture is shaping Bitcoin's acceptance and discuss the complexities of US Treasuries in inflationary times. With insights on personal mortgage management, risk tolerance across generations, and the potential for future financial crises, they advocate for Bitcoin as a safeguard against economic instability. Their engaging banter highlights the urgency of adapting financial strategies for the evolving landscape.

Cullen Roche, investment expert and CIO of Disciplined Funds, returns to share his ETF investing wisdom. He explains why there's no such thing as truly passive investing, detailing the mechanics of ETFs and their tax advantages. Cullen emphasizes the importance of selecting an appropriate ETF strategy tailored to personal goals and discusses the risks of solely relying on backtesting. He also covers the nuances of ETF costs and the implications of interest rates on investing, offering insights for both retail and institutional investors.

Brent Beshore, CEO of Permanent Equity, joins to share his journey of acquiring small to mid-size companies with a focus on long-term value. He discusses key lessons from notable figures like Warren Buffett and Charlie Munger, emphasizing the importance of empathy in leadership. Brent dives into the intricacies of capital allocation, cultural integration during acquisitions, and fostering autonomy within teams. His insights on aligning interests in private equity and navigating due diligence shed light on sustainable growth strategies in the private market.

CJ Wilson, a former MLB player turned Bitcoin advocate, and Jimmy Song, a Bitcoin educator and author, dive deep into the intersection of baseball, advocacy, and cryptocurrency. They discuss the importance of educating Congress about Bitcoin and the varying perspectives of politicians on the topic. The duo highlights the significance of user control in Bitcoin governance, common misconceptions around blockchain, and the rise of dollar-cost averaging as a sensible investment strategy. Listeners will gain insights into Bitcoin's transformative potential and the future of finance.

Trey Lockerbie chats with Kat Cole, former President and COO of Focus Brands, known for her impressive turnaround at Cinnabon during the recession. She shares her remarkable journey from waitress to VP, emphasizing personal initiative and hands-on experience in the food industry. They dive into the importance of community in brand building and how brands can create emotional connections with consumers. Kat also discusses innovative strategies for evolving brand identity and the impact of NFTs in fostering community and engagement.

Willy Woo, a renowned Bitcoin analyst celebrated for his on-chain data insights, joins the discussion. He delves into the super-cycle theory and its relevance to Bitcoin's future. The conversation touches on the significance of the Realized Market Cap and how it offers a clearer view of Bitcoin's value. Willy also explores the dynamics between short-term traders and long-term hodlers, discussing their distinct impacts on price movements. Additionally, he reveals his favorite chart and analyzes the reasons behind the summer consolidation.

Trey Lockerbie chats with Michael Gayed, a Portfolio Manager at Toroso Asset Management and award-winning author of the Lead Lag Report. They dive into fascinating quantitative investing tactics, discussing when to appropriately use leverage and its relationship with market volatility. Gayed highlights the intriguing correlation between gold and lumber as market indicators. He also shares insights on employing a tactical rotation strategy to potentially outperform the market, emphasizing the importance of data-driven decisions.

Trey Lockerbie chats with Dev Kantesaria, Managing Partner of Valley Forge Capital Management, who boasts an impressive background in both medicine and venture capitalism. They discuss Buffett's investment principles and the importance of running a concentrated portfolio for long-term success. Dev shares insights on navigating recessions and why he shifted focus from biotech to public equities. The duo also emphasizes investing in high-quality companies with predictable growth, especially amid market uncertainties.