WTFinance

On todays podcast I was happy to host Mary Childs,  co-host of NPR’s Planet Money, a podcast I have enjoyed for quite a while, and author of the recently released book “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All”.

Throughout our conversation we talked about who Bill Gross really is, how he created the secondary bond market, pushed everyone to the limit and his eventual decline. I hope you enjoy!

Mary Childs is a financial journalist. She’s a co-host of National Public Radio’s Planet Money.

Mary was a Watson Fellow, painting portraits, and was a 2015 Tribeca Disruptive Innovation Honoree. Over the past decade+, Mary has consulted for HBO on a finance-y show, been on finance TV, and written for Barron's magazine, the Financial Times, and Bloomberg News. 

She has recently wrote a book about Bill Gross, PIMCO, and the bond market, published by Flatiron Books. You can buy the book here - 

Independent - https://uk.bookshop.org/books/the-bond-king-how-one-man-made-a-market-built-an-empire-and-lost-it-all/9781250120847

Amazon - https://www.amazon.co.uk/Bond-King-Market-Built-Empire-ebook/dp/B08QGKKYX1/

Mary - 

Website - http://www.marychilds.com/
Twitter - https://twitter.com/mdc
LinkedIn - https://www.linkedin.com/in/mary-childs-6940a178/

WTFinance - 

Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On todays podcast I was happy to host Nick Maggiulli, Creator of Of Dollars and Data, Chief Operating Officer at Ritholtz Wealth Management and author of the upcoming book "Just Keep Buying: Proven ways to save money and build your wealth", released on the 12th of April. 

Buy book here - 

Kindle - https://www.amazon.co.uk/Just-Keep-Buying-Proven-wealth-ebook/dp/B09FYHZXBN/
Hardcover - https://www.amazon.co.uk/Just-Keep-Buying-Proven-wealth/dp/0857199714/
Audio - https://www.amazon.co.uk/Just-Keep-Buying-Proven-Wealth/dp/B09RRPCBDJ/
Harraman - https://www.harriman-house.com/justkeepbuying

On the podcast we talked about why many of Nicks suggestions go against traditional finance advice, why you should just keep buying (if you hadn't gotten it yet!) and why you'll never feel rich. I hope you enjoy!

0:00 - Introduction 
0:25 - Influence for writing the book?
1:32 - Unique entry into Finance
2:10 - Using Data
2:45 - When did you start investing?
3:44 - Just Keep Buying
5:20 - How do you start you analysis and get ideas?
7:39 - Why does a lot of your suggestions go against traditional advice?
13:36 - Why do people overlook savings to focus on investing?
16:07 - Consistency
20:23 - Selling before the high
22:05 - Should people focus on Macroeconomics?
24:30 - Was there any asset that performed when the yield curve inverted?
25:35 - Taxing Unrealised Gains
28:15 - US Sovereign Wealth Fund?
30:35 - How to reduce emotions during massive market volatility?
34:05 - US and other economies follow Japan’s example?
35:15 - You’ll never feel like you are rich
38:55 - What is one message you would like viewers to take away from our interview?

Nick Maggiulli - 

Website - https://ofdollarsanddata.com/
Twitter - https://twitter.com/dollarsanddata
LinkedIn - https://www.linkedin.com/in/nicholasmaggiulli/

WTFinance - 

Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On todays episode of the podcast I am happy to have hosted Russell Clark, Former CEO and CIO of Russell Clark Investment Management.

On the podcast we talked about food inflation, how the Russia-Ukraine conflict and other factors have influenced the current inflation, the impact on current geopolitical dynamics and whether we will see a period similar to the 1970's. I hope you enjoy!

0:00 - Introduction
0:22 - Food Inflation
2:50 - Why has China become reliant for food imports?
6:27 - All fathoms are politically driven rather than supply driven
11:43 - Ukraine - Russia impact on China economy
13:20 - Food and Wage Inflation
15:58 - North Africa and Middle East exposure to gain exports from Russia & Ukraine
17:19 - Can economies take an accelerated increase of interest rates?
20:54 - Do you see countries looking inwards and onshoring?
27:08 - Why this Food Inflation may be different to the past?
31:50 - Will we see a repeat of the 70’s? High Wage and Commodity Inflation?
34:55 - Will we see US Dollar strength with these changes?
37:10 - Will we see a move to the markets/economy as it was before 2008?
38:32 - Do you normally spend a long time before making investments?
40:27 - Can you give an example of some of your warnings?
44:41 - One piece of advice from the interview?
47:28 - Where to find Russell’s work?

Russell has 20 years experience in the investment business across multiple countries. He was recently the CIO & CEO of Russell Clark Investment Management, where he was a multi award winning hedge fund manager. Russell pioneered the use of Net International Investment Position data in currency analysis and was a leading exponent of utilising currency volatility in short selling.

Russell - 

Newsletter: https://www.russell-clark.com/
Twitter: https://twitter.com/rampagingruss
LinkedIn: https://www.linkedin.com/in/russell-clark-2239273/

WTFinance - 

Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On this weeks episode of the podcast I was happy to host Carlos and Vitaly from Freelancer Finance.

On this episode we talked about their investment journey, process of finding high conviction investments, having a goal to cash out at and analysis of multiple companies. I hope you enjoy!

0:00 - Tesla
3:20 - Ark selling a lot of their Tesla
6:00 - Vitaly investing journey
11:05 - Carlos investing journey
13:45 - Introduction to Crypto
22:45 - What is your process for finding your high conviction plays?
25:55 - Enphase 
31.05 - Tesla the next Apple?
38:40 - Why I started the podcast?
41:30 - Ocado
49:20 - How important do you believe management is for an investment?
56:10 - Palantir
57:14 - How Vitaly's investment philosophy has changed
1:05:50 - Complexity of Finance industry
1:09:15 - Cashing out
1:13:55 - F.I.R.E - Financial Independence, Retire Early
1:17:55 - Freelancer Finance

Freelancer Finance are Freelancers and Investors looking to reach retirement in the next 5 years ( maybe 10 :) ). On their channel they discuss Investing in Stocks, Making Money, Passive Income, and Real Estate. They have interviews with CEO's, Industry Leaders and Other Financial Youtubers as well to gain insight into what they are investing in or looking further into.

Freelancer Finance:

YouTube - https://www.youtube.com/c/FreelancerFinance
Patreon - https://www.patreon.com/freelancerfinance
Twitter - https://twitter.com/FinanceLancer
Discord - https://discord.com/invite/kMsWrqCqxQ

WTFinance:

Website - https://www.wtfinance.online/
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On this weeks we hosted Alex Morris, Founder of The Science of Hitting Investment Research. 

On the podcast we talked about how investment failures shaped Alex's philosophy, concentration vs diversification and best piece of advice Alex has received. I hope you enjoy!

0:00 - Introduction
0:38 - How your investment failures shaped your investment philosophy?
4:00 - “Each company had already lost some standard in comparison to the customer”
6:15 - Who has influenced yours style of investing?
8:00 - Mix of value vs growth investments
9:18 - Has there been a time where your investment theory has changed?
12:10 - Already had concerns about position?
13:10 - Why have you decided to focus on concentration rather than diversification?
16:27 - Breaking up big conglomerates
18:30 - Why is the market so volatile?
22:40 - Focusing intrinsically rather than extrinsically
26:25 - What are the roles in your portfolio?
28:50 - Position Sizing
30:05 - Best piece of advice?
31:30 - How do you analyse new companies?
33:15 - How long would it take for you to analyse a stock?
38:25 - There is no right and wrong investor
39:15 - One message to takeaway from the interview?

Alex is a long-term investors and former buyside equities analyst with 10 years of industry experience, most recently as part of a four person investment team responsible for allocating $1.2 billion in client assets. In April 2021, Alex launched TSOH Investment Research service, with the goal of providing completely transparency for his research process and investment strategy. 

Alex -
Website - https://thescienceofhitting.com/
Twitter -  https://twitter.com/TSOH_Investing
LinkedIn - https://www.linkedin.com/in/alex-morris-cfa-47b87027/

WTFinance 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On todays podcast I am happy to have hosted Dominique Mielle, Former partner and Senior Portfolio manager at Canyon Capital, a $25 billion hedge fund and author of the recently released book “Damsel in Distressed: My Life in the Golden Age of Hedge Funds”.

On the podcast we talk about her book, why investing requires imagination, how a good deal is a deal where no one is happy and the state of the current Hedge Fund industry. 

I hope you enjoy!

Buy the book here - 
Amazon - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds/dp/1642939722/
Kindle - https://www.amazon.co.uk/Damsel-Distressed-Golden-Hedge-Funds-ebook/dp/B0988B7HSC/


0:00 - Introduction
0:50 - Influence for writing the book?
2:20 - Mystique behind Hedge Funds
3:55 - Why investing requires imagination?
6:59 - A good deal is a deal where no one is happy
9:30 - Why was distressed investing so profitable between 2000-2008
12:40 - Losing Trades
15:10 - Losses Happening early in your career
16:30 - Advice for people entering the industry?
19:45 - Hard getting into the industry
20:20 - Why are distressed investors not ‘vultures’?
23:55 - Excitement from a great investment
24:40 - How has the hedge fund industry evolved over the past 20 years?
28:00 - Too much money chasing too few assets
31:09 - What is your prediction for the future of Hedge Funds?

Dominique spent twenty years as a partner and senior portfolio manager at Canyon Capital. In 2017, she was named of the “50 Leading Women in Hedge Funds” by the Hedge Fund Journal and E&Y.

Dominique was one of the only senior women in the hedge fund business and played a key role in complicated bankruptcies, serving as leading creditor’s committee member for Puerto Rico, and restructuring committee member for U.S airlines in the wake of the September 11 attacks.

Dominique - 

Website - https://dominiquemielle.com/
LinkedIn - https://www.linkedin.com/in/dominique-mielle/
Twitter - https://twitter.com/dominiquemielle

WTFinance - 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On this weeks episode we hosted Amit Kukreja, founder of Audea.io and
Palantir evangelist.

On this weeks episode we talk about Amit's Investment Journey, Palantir (obviously), Network Effects, the BioTech company he never talks about and thoughts on Alex Karp. I hope you enjoy!

0:30 - How did you get into this world of investing?
2:30 - What mistakes did you make when starting investing?
5:00 - Analysis of Palantir and long term outlook
7:30 - Data
8:40 - Network Effects
9:35 - Do you think they will have struggle scaling?
11:00 - Why has Palantir gone down?
12:35 - Might seen inversion of markets at Q3 2022
13:05 - How do you keep the faith and don’t get concerned about the losses?
15:15 - What is your investment process and how do you analyse a company?
19:30 - What are your thoughts on Alex Karp?
22:25 - What is your Biotech stock you are invested in?
30:30 - Cathie Wood selling Palantir?
35:15 - One message to take away from the interview

Amit covers stocks and tech on YouTube channel, as well as so much more. He is also long PLTR (if you couldn't guess). 

Amit - 

YouTube - https://www.youtube.com/channel/UCjZnbgPb08NFg7MHyPQRZ3Q
Twitter - https://twitter.com/amitisinvesting
Patreon - https://www.patreon.com/amitkukreja

WTFinance 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Buy the Book Here - 
Kindle - https://www.amazon.co.uk/Asias-Stock-Markets-Ground-Up-ebook/dp/B09J4WBYHL/
Hardcover - https://www.amazon.co.uk/Asias-Stock-Markets-Ground-Up/dp/9814974625/

On this weeks episode I hosted Herald van der Linde, Chief Asia Equity Strategist at HSBC and author of the recently released book "Asia’s Stock Markets from the Ground Up".

On this podcast we talked about how retail investors can invest in Asia, misconceptions about the Asian Markets, most underrated Asian market and . I hope you enjoy!

0:22 - Influence for writing the book?
2:50 - Many Asian ETFs just focus on China
4:05 - Under analysed companies throughout Asia 
5:10 - High retail trader presence in Asia
6:00 - How did you end up in Asia?
9:00 - What are the misconceptions of Asian markets?
11:15 - India and Indonesia independent from China sphere of influence
13:00 - Countries benefiting from US-China trade war?
13:50 - Opportunities in Bangladesh?
15:50 - Increase in domestic consumption
17:05 - Changing demographics 
20:10 - Trends to be watching in the region?
22:05 - Which Asian market do you think are underrated?
23:20 - What is your investment strategy?
25:45 - High exposure to commodities and US Dollar price
27:10 - How will US interest rate increase impact investing in Asia?
28:24 - Do you see any similarities between now and the Asian Financial Crisis in the late 1990’s?
31:20 - Cultural intricacies between Asian countries
32:30 - Advice for people pursuing a career investing in Asia?
34:20 - One message to take away from the book?

Herald van der Linde is HSBC’s Head of Equity Strategy, Asia Pacific. He joined the bank in 2005 and came to HSBC with 20 years of experience in various roles, including stock analyst, equity strategist and country head of research in Indonesia, South Africa and Taiwan. He is a Chartered Financial Analyst (CFA), speaks seven languages and has an MSc in Economics, for which he wrote a thesis on Indonesia’s central bank in Jakarta in 1993.

Herald is also an Associate of the Institute of Wine and Spirits and is a certified lecturer for the Wine & Spirit Education Trust (WSET). He sits on the advisory committee for the China Studies programme at Hong Kong’s Baptist University, the author of Jakarta: History of a Misunderstood City, published in 2020 and Asia’s Stock Markets from the Ground Up in October, 2021. 

Herald van der Linde -

Twitter - https://twitter.com/HeraldLinde
LinkedIn - https://www.linkedin.com/in/herald-van-der-linde-a1699512/

WTFinance 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On this weeks episode of the WTFinance podcast we are happy to be hosting Brian Feroldi - Author, Writer and YouTuber.

During the interview we talk about the Feroldi Quality Score Framework, Brian's influences for his investment framework, the impact Macroeconomic trends have on investing and Health Tech. I hope you enjoy!

0:00 - Introduction
0:40 - Why did you keep investing despite early setbacks?
3:50 - How did you create the Feroldi Quality Score Framework
8:40 - What were your influences for your investing framework and has this changed over your career?
11:05 - Has the markets trend over the past 14 years benefiting growth stocks shaped your framework?
12:45 - 3 Most Important things from the Framework?
16:10 - Do you see Tesla becoming the next Apple with its network effects?
17:50 - Do you take Global Macroeconomic trends into account when investing?
23:20 - When you enter an ETF matters
24:25 - How do you prevent yourself panicking during massive downside moves?
27:05 - Peloton - Current example of bad results - bad price movement
28:10 - How do you incorporate great companies into your portfolio allocation?
32:00 - How do you balance investing in future trends while finding valuable companies?
36:40 - Does your framework change for Health Tech and Pharmaceutical companies?
38:05 - One message for listeners to takeaway from our interview?

Brian Feroldi has been intensely interested in money, personal finance, and investing ever since he graduated from college.

Brian started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his experience and knowledge about the stock market grew.

In 2015, Brian became a writer for the Motley Fool. He has since written more than 3,000 articles on stocks, investing, and personal finance. He has also appeared on hundreds of podcasts, videos, and live streams.

In 2021, Brian launched a YouTube channel. It garnered more than 40,000 subscribers and over 1 million views in its first year.

In 2022, Brian’s book Why Does The Stock Market Go Up? was published. Brian lives in New England with his wife and three kids.

Brian Feroldi

Website - https://www.brianferoldi.com/
YouTube - https://www.youtube.com/channel/UCs60_Z83HU76uygzHRQl0kA
Twitter - https://twitter.com/BrianFeroldi
LinkedIn - https://www.linkedin.com/in/brianferoldi/
Framework - https://brianferoldi.gumroad.com/l/zWXye
Book - https://www.amazon.co.uk/gp/product/B09NQQKZ9G/

WTFinance 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

On this weeks podcast I am happy to have hosted Alex Gurevich, Founder and CEO of HonTe Investments and author of the recently released book " The Trades of March 2020 - A Shield Against Uncertainty". 

Buy the Book Here - 
Kindle - https://www.amazon.co.uk/Trades-March-2020-against-Uncertainty-ebook/dp/B09NX372KG/
Paperback - https://www.amazon.co.uk/Trades-March-2020-against-Uncertainty/dp/1544525133/

On the podcast we talk about the book, the underperformance of Global Macro Investing, can the FED afford to raise interest rates, why Alex did so well in the first week of March and the Beanie Baby Theory. I hope you enjoy!

0:00 - Introduction
0:22 - What was your influence for writing the book?
4:50 - First hand account of a fund manager
5:35 - What importance do you give to a shield? (Books title)
12:25 - Underperformance of global macro and active investing over the past 12 years
16:44 - What does a Investment Manager specialising in Long Horizon Discretionary Global Macro Trading? How is that strategy different to other strategies?
21:50 - How had the markets changed in 2018?
26:12 - Opinion on the FED hiking 3-4 times this year?
31:28 - Can the FED afford to raise interest rates too high?
32:43 - Why did you do so well in the first week of March 2020?
35:33 - Don’t stop when on a winning streak
39:10 - What changed in the second and third week of March?
42:09 - What is the Beanie Baby Theory?
46:38 - What is one message you would like listeners to take away from the book?

Alex Gurevich is the Founder and CIO of HonTe Advisors, LLC. Alex has been involved in trading for over 20 years; holding various roles on Wall Street that included the launch of fixed income derivative trading franchises as well as running the macro book at JP Morgan. More recently, Alex has transformed his very successful family office into a global macro strategy suitable for institutional investors. He is the author of The Next Perfect Trade, published in 2015, which articulates his rigorous trade selection and investment process. Alex was born and raised in St. Petersburg, Russia and earned his PhD in mathematics from the University of Chicago.

Alex Gurevich - 

Twitter - https://twitter.com/agurevich23
LinkedIn - https://www.linkedin.com/in/alex-gurevich-23a358105/

WTFinance - 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas