Adventures In Finance: A Real Vision Podcast

Real Vision Live Replay: Diego Parrilla, portfolio manager at Quadriga Asset Managers and the author of "The Anti-Bubbles," weighs in on the ongoing conversation around bubbles in this interview with Real Vision CEO and co-founder Raoul Pal. Parrilla goes in-depth on where he thinks markets are providing the most opportunity as well as where they're unveiling risks, and he breaks down his unique portfolio management style to navigate the current environment. He also considers whether monetary policy has reached its limits in the midst of unparalleled monetary easing from global central banks. Parrilla and Pal also will be answering questions from the audience. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Interview: The Alaska Permanent Fund is the $75 billion sovereign wealth fund of the state of Alaska, and since oil was discovered in Alaska in the 1970s, the APF has been receiving royalties and investing that capital on behalf of Alaskan citizens. Every year, it pays out a dividend—a form of UBI—to the citizens, who also do not pay any state income tax. In this interview with Sean Fieler, president and CIO of Equinox Partners, Marcus Frampton, CIO of the APF, explains his own unconventional views on investing and how he is bucking the trend in the large institutional investor space. Together, they discuss why Frampton has allocated the APF in gold, active management, and macro hedge funds while resisting the urge to chase private equity like many of his peers. They also discuss Frampton's personal investing style and why he is so attracted to micro-cap stocks and OTC markets. Recorded on March 31, 2021. Key Learnings: Institutional investors, who are the major forces in global markets, are largely driv

The Interview: Marko Papic, partner and chief strategist at Clocktower Group, joins Michael Green to discuss how and why geopolitics will have major effects on markets in the coming years with a particular focus on U.S.-China relations. They discuss everything from Taiwan and the issue of semiconductor supply chains to other actors like Russia as well as the merits and faults of Cold War analogies. They also touch on what Papic calls "the most important macro chart of this cycle" and the domestic issue of income inequality and the resulting policy outcomes. Finally, Green and Papic help viewers understand the magnitude of the green energy initiatives and what Papic believes are the best and worst ways to gain exposure to this megatrend. Recorded on March 31, 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB- May28,2021: Real Vision senior editor Ash Bennington welcomes Raoul Pal, CEO and co-founder of Real Vision, to discuss his macro outlook, inflation, and crypto markets. Pal will be sharing his observations of the crypto selloff from last week and taking questions from the audience about his current market thinking. In observance of Memorial Day in the US this coming Monday, May 31st, there will be no Daily Briefing airing. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB-May27,2021: Real Vision managing editor Ed Harrison welcomes Jim Bianco, president of Bianco Research, back to the Daily Briefing to update viewers on how the bond market is reacting to the re-opening of the economy and the sustained dovishness of the Federal Reserve. Bianco analyzes how the Fed’s bias towards employment within its dual mandate is impacting inflation expectations and bond yields, and he and Harrison discuss today’s jobless claims within that context as well as ballooning budget deficits and central bank balance sheet expansion. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB-May26,2021: Jared Dillian, Bloomberg Opinion columnist and publisher of The Daily Dirtnap, returns to the Daily Briefing to update viewers on his inflation thesis and the re-opening trade. He tells Real Vision’s Jack Farley why he thinks the re-opening might already be fully priced in and shares advice to investors on how to manage their risk in stocks, bonds, gold – as well as Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto Wednesday: Brad Mills, host of Magic Internet Money Podcast and partner at Xsquared Ventures, joins Ash Bennington, Real Vision senior editor, to discuss everything Bitcoin—from the Block Size Debate in 2017 to the philosophical vs investment reasons for owning Bitcoin and misinformation around the Bitcoin narrative, this interview covers it all. Mills explains that while Bitcoin Maximalists have been around as early as 2014 during the first alt season, the community was more harmonious as there was an understanding that Bitcoin was going to be the winner and what everyone was striving for. Altcoins were instead seen as experiments that one could mine, sell, or trade for more bitcoins. Come 2017, there had been a shift in mentality where many VCs were simply trying to redo Bitcoin. Mills goes on to explain that the ICO boom triggered a reaction, causing "Toxic Bitcoin Maximalism," a response to those falsely aligning with Bitcoin while trying to shill their subscriptions and exchanges or capture volume

DB-May25,2021: Tommy Thornton, founder of Hedge Fund Telemetry, joins Real Vision senior editor Ash Bennington to sharing his latest insights on market activity as U.S. consumer confidence falls slightly for May and questions about inflation’s permanence still linger. Thornton considers the implications of the repo market displaying surging levels of reverse repurchase agreements (RRPs) and explains what indicators he’s paying attention to and what that means for markets going forward. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB- May24,2021: Real Vision managing editor Ed Harrison and editor Jack Farley break down today’s most important market-moving stories—from China’s clampdown on commodity speculation and Bitcoin mining to the supply chain bottlenecks that may at last spur durable capex investment from companies in order to meet demand. Harrison and Farley cover the day’s price action in which global equities drift higher alongside commodities such as gold and crude oil as well as the crypto volatility, which did not abate over the weekend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real Vision Live Replay: Here at Real Vision, we are exploring the question, "Is Everything a Bubble?" To many investors though, that question doesn't even begin to scratch the surface of what needs to be considered in the current environment. In this live interview, Alex Gurevich, founder and CIO of HonTe Advisors, joins Real Vision CEO and co-founder Raoul Pal to discuss his position on what he thinks are the biggest questions facing investors today. Together, Gurevich and Pal will explore the future of risk-parity, the raging overvaluation debate and the role of interest rate momentum in equities, and the dichotomies in outcomes surrounding the dollar, precious metals, and interest rates. In addition, Gurevich will weigh in on the current discussion de jour around short-selling, how investors should think about navigating crisis vs. being positioned for the long-term, and why many are confusing features for bugs in the gold vs. bitcoin debate. Recorded on : 8 Feb 2021 Learn more about your ad choices. Visi

DB-May21,2021: Real Vision senior editor Ash Bennington hosts managing editor Ed Harrison and editor Jack Farley to make sense of an action-packed week. They interpret the bullish PMIs coming from Europe and the U.S., the latest news from the credit markets, and a crypto market trying to regain its footing. They also discuss what the new electric Ford F-150 means for electric vehicle companies, and how the brewing tensions between China and Taiwan might impact financial markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB-May20,2021: Real Vision senior editor Ash Bennington is joined by managing editor Ed Harrison to tackle the Treasury’s call for crypto transfers equaling $10,000 and above to be begin being reported to the IRS. Ed discusses his thoughts about how the reflation trade has buoyed the most speculative areas of the market, crypto being included, due to the underperformance of real economic data, and he and Ash discuss the implications that the Treasury’s announcement will have on crypto going forward and what that means for the broader market. Learn more about your ad choices. Visit megaphone.fm/adchoices

DB-May19, 2021: Real Vision’s Jack Farley and Weston Nakamura host the Daily Briefing on this action-packed day where almost every asset class seemed to plummet: stocks, commodities, and, most dramatically, crypto. In an emergency dispatch with senior editor Ash Bennington, Real Vision CEO and co-founder Raoul Pal helps viewers make sense of a crypto market undergoing tremendous volatility, including its sudden drop and then vibrant rebound. Farley and Nakamura close by analyzing the bond market and the surge of a trend that Nakamura calls “subprime retail.” Join the Exponential Age now and watch it all for $1 right here: https://www.realvision.com/l/the-exponential-age Learn more about your ad choices. Visit podcastchoices.com/adchoices

DB-May18,2021: Real Vision senior editor Ash Bennington welcomes Tony Greer of TG Macro for a live Daily Briefing to analyze the tape and provide an update on his thoughts concerning the direction of inflation and the commodities trade. Greer touches on metals and mining as well as oil and discusses how likely it will be that inflation will become transitory based on last week’s CPI print. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real Vision Live Replay: Warren Irwin, president and CIO of Rosseau Asset Management and one of the most successful natural resources investors of the past few decades, joins Real Vision’s Max Wiethe to discuss why he is investing in uranium, copper, nickel, and metallurgical coal producers as his bet on the green energy trend. Irwin argues that nuclear power will be a necessity to hit emissions targets and the idea that renewables like wind and solar could be relied upon to power humanity is ludicrous as that would require an inconceivable number of batteries. Although he is still bullish on batteries and the electrification trend, he argues that current favorites like lithium and cobalt are respectively too abundant and likely to be phased out of future iterations of battery technology, and he prefers copper, nickel, and metallurgical coal to play this trend. Irwin also highlights some individual companies he is looking at and touches on why he is currently underweight gold and generally against investing i

The Interview: Even with birthrates slowing and rapid aging in the developed world, years like 2021 where deaths outpace new births are a huge demographic outlier. In this interview with Ed Harrison, Neil Howe, author and managing director of demographics at Hedgeye, helps viewers make sense of the outsized impact that events like this can have on demographic trends. Howe and Harrison also go further than the demographics to examine how this has impacted different generations and the key players in the Fourth Turning saga. Specifically, they examine trends around migration, housing, commercial real estate, COVID variant risk, and political polarization. Recorded on March 23, 2021. Key Learnings: As well as accelerating and altering the trajectory of many societal trends around urbanization, housing, and migration, the pandemic has altered the entire demographic trajectory of the developed world. Although these consequences will take time to become measurable, investors need to be aware of the effects this

The. Interview: It’s no secret that crypto has gone from a retail phenomenon to something increasingly embraced by institutions and professional investors. As well, the size of the market has gotten to a point that governments in the West and the East can no longer ignore it. In this interview with Kyle Bass, founder and CIO of Hayman Capital, Peter Smith, CEO and co-founder of Blockchain.com, discusses how governments in the West and East will approach regulation of crypto markets and how the world of private cryptos and central bank digital currencies (CBDCs) will interact rather than compete. They also discuss how Smith has built his firm accordingly and why he looks at Blockchain as more like the JP Morgan of crypto than something entirely retail-focused like TD Ameritrade. Finally, they touch on Smith's personal asset allocation, his predictions for crypto markets over the next year, and his own questions on Bass' outlook for inflation in 2021. Recorded on March 10, 2021. Key Learnings: Private cryptos

DB-May15,2021: Real Vision managing editor Ed Harrison welcomes Raoul Pal, co-founder and CEO of Real Vision, to review the first week of the campaign, “Welcome to the Exponential Age.” Ed and Raoul explore how the past week’s interviews have either reinforced or dispelled Raoul’s macro thinking as well as what surprised him most. Raoul will also providing his insight into the sell-off in tech after the past four weeks of seeing the Nasdaq in the red. Join the Exponential Age now and watch it all for $1 right here: https://www.realvision.com/l/the-exponential-age Learn more about your ad choices. Visit megaphone.fm/adchoices

DB-May13,2021: Real Vision managing editor Ed Harrison welcomes Tommy Thornton, founder of Hedge Fund Telemetry, to contextualize yesterday’s sell-off and whether it is indicative of longer-term market troubles. Thornton will update his thinking concerning what sectors he has his eye on and how he’s positioning his trades since a full re-opening in the U.S. is almost here. For our Listeners : Join Arca's  4th annual FO256 conference virtually, Tuesday May 25th by registering at www.ar.ca/21FO256.  Learn more about your ad choices. Visit megaphone.fm/adchoices

DB- May13,2021: Real Vision managing editor Ed Harrison and senior editor Ash Bennington discuss the huge inflationary print that is roiling equity markets. For our Listeners : Join Arca's  4th annual FO256 conference virtually, Tuesday May 25th by registering at www.ar.ca/21FO256.  Learn more about your ad choices. Visit megaphone.fm/adchoices