Marko Papic, partner and chief strategist at the Clocktower Group, sits down with Mike Green of Thiel Macro to discuss the growing conflict between the U.S. and China. Focusing on the internal incentives driving leaders’ actions, Papic predicts increased financial volatility and geopolitical instability. Papic also talks about the potential for opportunity amid the uncertainty. Filmed on August 27, 2019 in Los Angeles.
Perpetual Success in Credit Markets - Joshua S Friedman
Real Vision was honored to secure a rare interview with the legendary Joshua S Friedman earlier this year and in this Master Class presentation, we revisit the storied career of the co-founder of the $20 billion plus Canyon Capital hedge fund. In this interview, conducted by David Salem of Windhorse Capital Management, Josh offers deep insight into the practice of building and running an enduringly successful money management firm, from his perspective as a pioneer of credit and distressed debt markets. Filmed on April 12, 2017, in New York.
David Rosenberg, chief economist at Glushkin Sheff & Associates, sits down with Real Vision's Ed Harrsion to discuss his investment thesis for today's turbulent times. He sees interest rates continuing to decline as central banks scramble to prop-up a lofty equity market to avoid a deflationary spiral. Rosenberg expands on his bullish play on long-term Treasurys and suggests that investors "buy what is scarce" — in this case, counter-cyclical stocks, high-quality long-term bonds, and gold. Rosenberg also touches on political risk, demographic change, and wealth inequality. Filmed on October 4, 2019 in Toronto.
Ben Davies, founder of Hinde Capital, questions the alternatives to our current banking system, to fiat currencies in general, and to the towering level of global debt in his attempts to manage risk effectively. In part one of a fascinating two-part interview, Ben speaks to Real Vision on where his search for these alternatives have taken him.
Grant travels to western Canada for a conversation with Pan American Silver Chairman, Canadian Mining Hall of Fame inductee, and Order of Canada recipient Ross Beaty. The two discuss Ross's extraordinary career as a serial entrepreneur across multiple different resources, and pick apart the successes and failures that have shaped one of the most successful mining executives of the last half century. Ross describes his successful ventures in silver, gold, copper, and alternative energy, and explains his deep philanthropic commitment to the environment, in a fascinating and engaging conversation. Filmed on July 23, 2018 in Bowen Island, British Columbia.
Raoul Pal sits across from Ken Monahan, Founder & Principal of Vizier Ltd., for an in-depth discussion where Raoul explains his probabilistic framework to assess the risk of recession, discuss the structural issues and inefficiencies in the capital allocation system, explore the systemic illiquidity in current markets, and more.
Rick Rule, President & CEO of Sprott US Holdings Inc., explains what he sees as gold’s crucial role in individual investment portfolios. Rule discusses investment geographies, portfolio allocations, relative market share, the U.S. fiscal context, and specific securities that may benefit from his thesis. Filmed on November 27, 2018 at the Mines and Money conference in London.
With a reputation as an investing pioneer in key emerging markets, Cullen Thompson, co founder, CIO & President of Bienville Capital, shares his innovative approach to trade development and insight into the best way to express and monetize an investment thesis.
In the first of another landmark two-part interview, Simon Ogus, Founder and CEO of DSGAsia Limited, deconstructs the politics, history, and sentiment of the Asian continent and zeroes in on Chinese geopolitical strategy, the contentious family history of Shinzo Abe, and the five paths out of debt.
Martin Barnes has been making economic forecasts since the late 1970s and with the sharpest perspective on policy from BCA Research, he connects the dots that the Federal Reserve has been missing. Completing the journey through the debt super cycle, Martin assesses the greatest risks to stability in global markets, with a warning on the Trump 2019 recession. Filmed on May 24, 2017, in Orlando.