"Not Even Wrong" Podcast
We share thoughts and what drives our decisions
Fed pulling uncertainty out of interest rate market lifts demand for risk assets. Entropy doesn't go away, it only shifts from one place to the other.
How would Laplace's Demon do as an investor? My guess is, not well. Looking for better vocabulary in the hedge fund business.
Do we have the right vocabulary for risk taking? Sometimes I feel like we're watching the weather from above and trying to analyze specific situations on the ground.
Experiencing and internalizing uncertainty is key to running a hedge fund. The test is on right now.
Markets shaken by resurgence of virus cases. The problem is we don't have proper institutions to deal with the issue.
The transition from analog to digital intelligence is the biggest event on Wall Street.
Mindset is the weapon. In the business of disruption mindset is the competitive advantage.
Key characteristics of winners.
Is the board of Tesla overpaid? Thoughts on board compensation and relevance for Tesla.
"When fighting Monsters make sure you don't become a monster" (Friedrich Nietzsche). We're concerned that yield curve control makes the Fed a monster.
Define variables we control. What are the degrees of freedom of a hedge fund? Less than you might think.
FOMC press conference and market sell off. Market testing Fed stance on negative rates and yield curve control.
Recent performance of TSLA and MSFT.
We start buying longterm calls on growth equities.
Disruption in nature and business. Lessons from the transition of fish from water to land.
Explaining why Podcast was named
"Not Even Wrong"
Falling longterm interest rates in the US will boost prices of quality assets
Purpose of "Not Even Wrong" Podcast