Top Traders Unplugged

GM02: The failure of the Dollar ft. Preston Pysh


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Our guest for today’s episode is Preston Pysh, founder of BuffetsBooks.com and co-host at The Investors Podcast network. As a graduate of both West Point and John Hopkins, Preston is certainly the only person we have interviewed who has both an MBA but can also fly a helicopter. Mostly in the interview we were talking about economics rather than military strategy, but the topic of a US/China war did come up briefly. Preston has spent a lot of time thinking about value investing, and some of the most interesting parts of our discussion centred around the effects that money printing and technological change have had for the traditional value investor. But we also had a wide ranging chat about many other topics, including Moritz’s current favourite: Bitcoin.

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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

Topics Discussed in this Episode

  • Value Investing
  • The correct discounting of future cash flows
  • Demographic changes
  • The debt cycle
  • QE
  • Berkshire Hathaway
  • The fundamental case for huge returns on Bitcoin
  • Yield curve control
  • The failure of the dollar
  • The connection between Bonds & Bitcoin prices
  • Why countries should be doing their best to accumulate Bitcoin

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Top Traders UnpluggedBy Niels Kaastrup-Larsen

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