WTFinance

Interview Recorded on - 04/10/2022On todays episode of the WTFinance podcast I had the pleasure of speaking with Jim Rogers, an absolute legend in the investing world and well known as being the co-founder of the Quantum Fund with George Soros. During the interview we talk about if the markets are really as bad as we have seen, whether we could experience the worst recession in a century, weakest link in assets and potential opportunities to be aware of. I hope you enjoy!0:00 - Introduction0:30 - Key indicators that Jim searches for when looking for a great investment opportunity?1:39 - Any asset classes that look interesting?2:50 - Are we heading towards a disaster?3:47 - How will we know when the disaster has come?4:30 - Any similarities between today and other periods?5:20 - Weakest link in assets?6:00 - The macro outlook as bad as it seems?7:03 - Governments making financial mistakes7:55 - Any markets which are underrated?9:30 - Greatest mistakes you see both professional and beginner investors make?11:35 - Risk management12:44 - Will the next crisis be worse than 2008? 13:40 - Similar inflation as after World War 2?15:20 - One message to take away from the interview?James Beeland Rogers Jr. is an American investor and financial commentator based in Singapore. Rogers is the chairman of Beeland Interests, Inc. He was the co-founder of the Quantum Fund and Soros Fund Management. He was also the creator of the Rogers International Commodities Index.Jim Rogers - Website -  https://www.jimrogers.com/Twitter - https://mobile.twitter.com/iamjimrogers

Interview recorded - 30/09/2022Buy book - https://amzn.to/3SvJO8ROn todays episode of the WTFinance podcast I had the pleasure of speaking with Duncan Mavin, former Journalist for The Wall Street Journal and Dow Jones, and author of the recently released book “The Pyramid of Lies - Lex Greensill and the Billion-Dollar Scandal” During our conversation we talked about what is Supply Chain Financing, Who was Lex Greensill, how the company collapsed and the fallout. I hope you enjoy!0:00 - Introduction0:26 - Influence for writing the book?1:32 - What is Supply Chain Financing (SCF)?3:46 - Lex Greensill’s obsession with SCF6:50 - Empire building and always looking for the next sale8:09 - Investing in the idea or the person?11:30 - Why did the company and business idea not work?16:20 - Acquiring a bank17:45 - Was Sanjeev Gupta a perfect example of the average Greensill customer?21:00 - Was Covid the main reason for the collapse?24:40 - What was the fallout from the Greensill collapse?27:48 - Contracts for not “potential” contracts30:22 - Consistent trends with other frauds34:45 - Higher pay at Greensill36:36 - One message from the interview?Duncan Mavin is a seasoned international financial journalist and author of the critically acclaimed The Pyramid of Lies: Lex Greensill and the Multi-Billion Dollar Scandal.Born and raised near Newcastle, he studied history at Durham University and spent a decade as a chartered accountant in the City and in Toronto.He then became a financial reporter and foreign correspondent for Canada’s National Post. Since 2009, he has been a reporter and editor for Dow Jones publications including the Wall Street Journal, based in Hong Kong, London and New York. Duncan wrote and edited the Journal’s influential Heard on the Street column for several years, and was the Journal’s Financial Editor for Europe, the Middle East and Africa. He was also the Managing Editor for Barron’s Group. He has also contributed to podcasts and radio and many live events. His writing has also appeared in Barron’s, Financial News and on Bloomberg News.He lives with his wife and three sons in the UK, and is a long-suffering fan of Sunderland football club.Duncan Mavin - LinkedIn - https://www.linkedin.com/in/duncan-mavin-6499923/?originalSubdomain=ukTwitter - https://twitter.com/dumav?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EauthorWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 27/09/2022Research - https://intelligencequarterly.com/On todays episode of the WTFinance podcast I had the pleasure of speaking with  @Steven Van Metre , an educator and influencer in the macro investing world with more than 20 years of experience in the financial services industry, including the design and management of macro strategies.Throughout our conversation we talked about if the markets are really as bad as they are saying, how business failures will impact the banks, what is the weakest link in the market and whether we will see a 2008 round two. I hope you enjoy!0:00 - Introduction0:27 - Is it as bad as it looks?2:09 - Why is there a dollar shortage?5:04 - Dollar Shortage?6:47 - Selling assets for liquidity11:20 - Electricity prices in UK & Europe12:28 - How will business failures impact banks?14:45 - Inflation a lagging indicator16:28 - Will the dollar continue to rise and spiral out of control?18:40 - What is the weakest link in the market?21:15 - Domino effect in the market?24:38 - FED trying to build trust27:09 - Secular macro trends leading to inflation in the long term?29:10 - 2008 round 2?29:39 - Lessons Steven has learnt from his career?31:12 - One message to takeaway from our interview?Steven Van Metre, CFP® is the President of Steven Van Metre Financial. He has more than 20 years of experience in the financial services industry, including the design and management of macro strategies.Steven is an educator and influencer in the macro investing world. More than 70,000 fans across the globe follow his YouTube show to hear Steven’s thoughts on the global economy, monetary policy, and the markets. He is regularly featured on Real Vision as well as numerous other financial shows and podcasts.In the summer of 2015, Steven invented Portfolio Shield™, a long U.S.-equity strategy with a unique hedging mechanism to control risk during volatile and Bear markets. Dubbed the “Bond King” by fans, he also manages a long-only macro fund based on his deflationary macro thesis.Momentum Timer Pro™ is also a creation of Steve’s. It is a daily report that identifies momentum signals on 73 U.S. Exchange-Traded Funds, 18 Australian Exchanged-Traded Funds, and 27 Canadian Exchange-Traded Funds. It is based on proprietary momentum signals and is distributed to more than 18,000 subscribers every day.Steven Van Metre - Website - https://stevenvanmetre.com/Twitter - https://twitter.com/MetreSteven?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EauthorWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://www.techrepublic.com/article/will-recession-interest-budgeting/

Interview Recorded - 24/09/2022On todays episode of the WTFinance podcast I had the pleasure of speaking with Alexander Stahel - the founder and chief investment officer of Switzerland-based commodity investment firm Burggraben Holding AG.During our conversation we talked about the current electricity landscape throughout Europe, how the market works, whether Europe will have enough energy for the winter and long term risks. I hope you enjoy!0:00 - Introduction0:28 - Outline about the Electricity landscape throughout Europe?2:35 - Interconnectivity of European electricity markets8:36 - Volatility of electricity market?19:15 - Crisis of confidence in nuclear24:25 - Will Europe have enough electricity for winter?31:00 - Electricity shortage vs blackout37:40 - Examples of long blackouts (Texas, California)38:39 - 50% chance of a long-term blackout in continental Europe39:40 - Risks throughout the electricity markets in Europe?47:16 - Challenges with overreliance on intermittent electricity production52:30 - Shorter term solutions?59:50 - Germany’s performance transitioning from nuclearAlexander Stahel is a value investor specialising in commodities, specifically energy & metals. He is the Founder and Chief Investment Officer at Burggraben Holding AG, a value investor in public and private companies. He has spent several decades researching and investing in commodities all over the world. Prior to founding BGH, he was a private equity investor for infrastructure and energy assets at Babcock & Brown, an international investment and specialised fund and management group. He was also an Associate Director of Corporate Finance and M&A Advisory at SBC Warburg. "The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple. Diversification is for the know-nothing investor; it’s not for the professional." Alexander Stahel - Twitter Thread - https://twitter.com/BurggrabenH/status/1567929340737863680Website - http://www.burggraben.ch/Twitter - https://twitter.com/BurggrabenHLinkedIn - https://www.linkedin.com/in/alexander-stahel-977ba0142/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail photo - https://theconversation.com/energy-crisis-how-the-eu-hopes-to-tackle-high-

Buy the book here - https://amzn.to/3LlBu8VOn todays episode of the WTFinance podcast I had the pleasure of speaking with Manoj Pradhan - The Founder of Talking Heads Macroeconomics, an independent research firm and co-author of the bestseller “The Great Demographic Reversal”.During the podcast we talked about the main thesis Manoj has about demographics, why a high dependency rate creates inflation, the Japanese exception and misconceptions people have. I hope you enjoy! 0:00 - Introduction0:30 - When did Manoj start studying demographics and understand its importance?2:00 - Surprised about how much research about demography?4:50  - Main thesis behind the book?6:30 - Why is having a high dependency rate in an economy inflationary?10:41 - Was Volcker and the FED given too much credit for taming inflation in the 80’s?12:20 - How can countries overcome high debt and weakening demography?16:15 - Why Japan is an exception18:30 - What happens to the countries who can provide QE?20:50 - What impact will this trend have on markets?24:05 - Shift between an emphasis on capital to an emphasis on labour25:50 - Why will India & Africa not be enough to replace China as the manufacturer of the world?27:09 - Misconceptions about demography?28:45 - Anything that could change Manoj thesis?30:22 - One message to take away from the book?Manoj Pradhan is Chief Economist at the independent macroeconomic research firm Talking Heads, which he founded in 2016, analyzing global macroeconomic issues and financial markets.He was previously Managing Director at Morgan Stanley where he led the Global economics team. Prior to joining Morgan Stanley in 2005, he served on the faculty of George Washington University and the State University of New York. He has a Ph.D. in economics from George Washington University and a Masters in Finance from the London Business School.Manoj Pradhan - Website - https://talkingheadsmacro.com/thm/LinkedIn - https://www.linkedin.com/in/manoj-pradhan-437966WTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail picture from - https://allegiancegold.com/retirement-losing-value-with-weakening-dollar/

Interview recorded - 2nd of September 2022On todays episode of the WTFinance podcast I had the privilege of speaking with Erik  @esInvests - Self Made Millionaire and Investing & Trading Youtuber.During the interview we spoke about the importance of consistency, how beginners can get into options trading, misconceptions about the market and current thoughts about the Macroeconomic environment. I hope you enjoy!0:00 - Introduction0:21 - Erik’s background?4:15 - Any certain asset class or derivatives that Erik trades and how has that evolved throughout his career?6:35 - Where does Erik’s trade ideas come from?9:20 - Yearly and monthly goals?12:45 - The importance of consistency15:00 - Trades in core and speculative portfolios?17:40 - High liquidity in option markets22:00 - What is a covered strangled?25:30 - How beginners can get into options trading?30:00 - Misconceptions about derivatives and options?34:15 - Current macroeconomic trends Erik is analysing?40:35 - Waiting for a trough?42:00 - Any unique opportunities in the market?47:10 - One message to take away from our conversation?Erik didn't come from money and had a single mom that worked 2 jobs to provide for himself and his brother. He says he is nothing special, yet he is a self-made millionaire.  Erik is a Marine veteran, information activist, derivatives trader (15+ years), and investor. His 3 Goals :1. Share Knowledge. Share his experience without the typical finance bs. From investing basics, to options trading, portfolio management, and stock market updates. 2. Develop Community. Lead the Outlier Community committed to HELPING one another grow3. Connect Resources. Bring in experts from different fields to share their experienceErik - YouTube - https://www.youtube.com/c/esInvests/featuredBlog - https://www.esinvests.com/Twitter - https://twitter.com/esInvestsWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseasThumbnail Picture - https://time.com/nextadvisor/investing/cryptocurrency/dollar-cost-averaging-crypto-investing/

Interview recorded - 13/09/2022On todays episode of the WTFinance podcast I had the pleasure of speaking with  David Woo Unbound - A former top ranked Wall Street strategist, IMF economist & Founder of Unbound -  a global forum devoted to the promotion of fact-based debates about markets, politics, and economics.During our conversation we talked about the process behind out-of-consensus predictions, how the market has changed forever, what predictions David has the most conviction about and the importance of investing based on the facts. I hope you enjoy!0:00 - Introduction0:25 - David’s thought process behind out-of-consensus predictions?5:44 - Not just about being right, but how markets move10:55 - How has the market changed over David’s career?16:10 - What predictions does David have the most conviction on?25:21 - Will markets (i.e. bonds & other assets) start acting as they should be in such economic conditions31:33 - Going away from practical to ideological actions36:31 - Goal for Unbound?39:00 - Message to take away from the interview?40:20 - Where can you find David?David Woo is the Founder/CEO of David Woo Unbound, a new global forum devoted to promoting fact-based debates about markets, politics and economics.Until 2021, David was the Head of Global Rates, Foreign Exchange, and Emerging Market Fixed Income Strategy & Economic Research at Bank of America, where he managed the top ranked global macro strategy team on Wall Street. Previously, David was the Head of Global Currency Strategy at Barclays Capital and the Head of Local Markets Strategy for Central and Eastern Europe, Middle East and Africa at Citigroup.David is known on Wall Street for his bold and out-of-consensus calls that includes the RMB devaluation in 2015 and Trump’s victory in 2016. He was also the first Wall Street analyst to initiate coverage on Bitcoin in 2013. Business Insider voted David as one of the 12 smartest people on Wall Street in 2016 and Bloomberg calls him one of the “most outspoken voice on Wall Street."David started his career at the International Monetary Fund in Washington D.C.. He received his Ph.D in Economics from Columbia University.David Woo - Website - https://www.davidwoounbound.com/Twitter - https://twitter.com/DavidwoounboundYoutube - https://www.youtube.com/c/DavidWooUnboundLinkedIn - https://www.linkedin.com/in/david-woo-1479a492/?originalSubdomain=ilWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Interview Recorded - 06/09/2022On todays episode of the WTFinance podcast I had the pleasure speaking with Jeff Snider - Co-host of the Eurodollar University podcast, Chief Strategist at Atlas Financial and one of the foremost experts on the global monetary system. During the episode we talked about misconceptions most have about the monetary system, why central banks do not make money, the Eurodollar system and what Jeff would do if he became Fed Chair. I hope you enjoy!0:00 - Introduction0:25 - Misconceptions about the global monetary system? 3:16 - Complexity has made it impossible to understand 5:30 - Why Central Banks do not make money8:40 - Why 2008 was different to other banking crises? 10:12 - Swift helping Eurodollar system11:57 - More money owed than exists 15:40 - How economists see the Eurodollar system 19:50 - What has this led to? 21:37 - Have central banks increased liquidity? 24:30 - Courage to act 31:15 - Inelasticity of money33:30 - Are central banks making the right decision? 37:40 - Inflation in energy and food 38:45 - What would Jeff do if he became the Fed Chair? 42:25 - Would a Digital Dollar fix the issue? 45:35 - Inelasticity of Bitcoin and some cryptos 46:35 - One message to takeaway from our interview?Jeff Snider is one of the foremost experts on the global monetary system, specifically the Eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the Eurodollar system and true monetary principles. Jeff Snider - Twitter - https://twitter.com/JeffSnider_AIPInstagram - https://www.instagram.com/eurodollaruniversity/LinkedIn - https://www.linkedin.com/in/jeffreypsnider/Eurodollar University Podcast - Website - https://www.eurodollar.university/YouTube - https://www.youtube.com/c/EmilKalinowskiWTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Interview recorded - 1st of September, 2022On todays episode of the WTFinance podcast I had the pleasure of speaking the Billionaire David Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms, host of The David Rubenstein Show: Peer-to-Peer Conversations and author of the upcoming book “How to Invest: Masters on the Craft” releasing in a few weeks on the 13th of September.Buy the book here - https://amzn.to/3B8fFGjDuring our interview we talking about David's career, important traits/skills of investing experts, the importance of living to fight another day and exciting asset classes to watch out for. I hope you enjoy!0:00 - Introduction1:17 - Why did it take so long to write an investing book?2:10 - Why mainly US Investors?2:42 - What motivates David to continue to interview people?3:58 - Importance of sharing Investment knowledge4:50 - Cost of capital creating opportunities6:00 - Important traits/skills of investing experts?7:30 - Targeting new, exciting areas of investing for opportunities8:15 - The importance of consistency in investing8:55 - Don’t worry about missing out on opportunities9:49 - Live to fight another day10:07 - What attracts people to alternative investments?11:11 - Success of alternative businesses11:35 - Increase in longer term investing 12:39 - avoiding fees13:12 - Any new asset class that stands out to David?14:00 - Financialisation of asset classes15:00 - Losing money on investment speculating 15:46 - Anyone who left a last impression on David?16:47 - Focus on ESG now?17:53 - One message from our interview/book?David M. Rubenstein is Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. Established in 1987, Carlyle now manages $325 billion from 26 offices around the world.Mr. Rubenstein has served as Chairman of the Boards of Duke University and the Smithsonian Institution, and Co-Chairman of the Board of the Brookings Institution.Mr. Rubenstein is the host of The David Rubenstein Show: Peer-to-Peer Conversations on Bloomberg TV and PBS and Bloomberg Wealth with David Rubenstein on Bloomberg TV; and the author of The American Story: Conversations with Master Historians, a book published by Simon & Schuster in October 2019, How to Lead: Wisdom from the World's Greatest CEOs, Founders, and Game Changers, a book published by Simon & Schuster in September 2020, and The American Experiment: Dialogues on a Dream, a book published by Simon & Schuster in September 2021.From 1973–1975, Mr. Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. From 1975–1976, he served as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments. From 1977–1981, during the Carter Administration, Mr. Rubenstein was Deputy Assistant to the President for Domestic Policy. After his White House service and before co-founding Carlyle, Mr. Rubenstein practiced law in Washington with Shaw, Pittman, Potts & Trowbridge (now Pillsbury Winthrop Shaw Pittman).David Rubenstein - Website - https://www.davidrubenstein.com/index.htmlTwitter - https://twitter.com/DM_RubensteinWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Interview Recorded - 1st of September, 2022Tradologics - https://tradologics.com/On todays episode of the WTFinance podcast I interviewed Ran Aroussi - software Programmer, algorithmic trader, and Founder of Tradologics.During the interview we spoke about the definition of algorithmic trading, giving yourself a statistical advantage, how retail traders can get started with algorithmic trading and misconceptions. I hope you enjoy!0:00 - Introduction0:32 - Ran’s Background4:25 - How would you define algorithmic trading?6:08 - What are the advantages of algorithmic trading?8:49 - Scalability of trading10:04 - High volume of trades with algorithmic trading11:15 - Giving yourself a statistical advantage14:09 - How retail traders can get started with algorithmic trading?17:53 - Any resources for backtesting that people could use?20:00 - Any misconceptions about algorithmic trading?21:48 - Are algorithmic traders competing against High Frequency Trading Firms?24:34 - One message to take away from conversation?Ran is an entrepreneur, software programmer, algorithmic trader, and a technology geek. He is the founder of Tradologics – a cloud platform for programmatic traders that offers a suite of tools to address every part of the trading business cycle.Ran lives with his wife of 20 years and  four kids in London, UK.Ran Aroussi - Twitter - https://twitter.com/aroussiLinkedIn - https://www.linkedin.com/in/aroussi/GitHub - https://github.com/ranaroussiTradologics - https://tradologics.com/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfnTikTok - https://vm.tiktok.com/ZMeUjj9xV/iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas