Jan van Eck of VanEck Funds on Global Markets, Deglobalization, and Rising Interest Rates (EP.228)

I’ve been dying to get Jan on the podcast, and he’s finally here. After my brief podcast break, I've decided to have a lot of my friends on – people I like talking to about markets. Jan is one of those people. He’s super smart and well educated. I’m in the lucky position where I don’t have to be in the market, but because I’m fascinated by markets, started Stocktwits, love talking about them, and want to continue banging out some alpha, I invited Jan on the podcast. 

We have a great discussion about debt. We talk about money flows, and while Jan wasn’t the earliest, but early enough with directionally putting his firm on a path towards crypto, he has a lot of insights there as well. People need to be thinking about the market in just a little different way than what worked in the past. You’ll learn a lot from our conversation. I know I did. 

Guest - Jan van Eck, CEO at VanEck Securities Corporation 

howardlindzon.com, VanEck.com 

Twitter: @howardlindzon, @PanicwFriends, @JanvanEck3, @VanEck_US, @knutjensen 

linkedin.com/in/janfvaneck

#fintech #invest #investment #venturecapital #stockmarket #finance 

Show Notes:

Introduction (00:39)

Welcome Jan (04:02)

Growing a mature business (04:52)

History is a teacher (07:73)

Becoming a ‘Macro Structuralist’ (12:58)

Lessons from the 1970s (14:49)

The right way to view inflation (15:17)

Bonds outperform stocks (16:54)

Will the Fed pivot? (19:12)

The ETF business (24:49)

Crypto-related ETNs (27:21)

China growth & demographics (28:40)

Getting smarter on Brazil (29:04)

Web3 (30:18)

Thoughts on Wealthtech (34:08)

What if 60/40 is wrong? (35:10)

Jan argues Howard’s book (39:23)

People care about performance (39:42) 

Why Jan invested with Howard (40:46)

Diseconomies of scale (41:45)

The future of ETFs (43:33)

Cherry-picking in public markets (46:11)

Jan’s favorite podcasts (47:44)

Wrapping up (50:16)

Closing thoughts (51:37)