WTFinance

On todays podcast I am happy to be hosting Spencer Jakab, Editor of the "Heard on the Street" column at The Wall Street Journal and Author of the recently released book "The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors". 

On the podcast we talk about what Wall Street Bets is, the events leading up to the GameStop short squeeze, why Robinhood halted trading and why it wasn't a revolution. 

0:00 - Introduction
0:22 - Influence for writing the book?
3:30 - How did WallStreetBets start and what attracted so many like  minded people to the group?
7:30 - Wall Street makes money from volatility
10:40 - How traders started gambling
18:25 - Who was Keith Gill and what attracted people to his investment ideas?
22:55 - Other short squeezes
30:15 - Taking advantage of Wall Street Bets
31:55 - Why Robinhood halted trading?
38:40 - Why it wasn’t a Revolution
44:00 - Do you believe Hedge Funds have learnt from this situation?

Spencer is the editor of  “Heard on the Street,” the Wall Street Journal’s financial and economic analysis column. Before joining Heard as Deputy Editor in 2015 he wrote the “Ahead of the Tape” column which ran each weekday and previewed the day’s most important economic or business event. Before that Spencer wrote “Lex” for Britain’s Financial Times.

Spencer's first career was in finance. He lived in Europe for a decade, mostly working as an emerging markets stock analyst and later the head of a research team at a big bank. He learned a lot, travelled to some very cool places, but got bored with corporate life and decided to write about money instead of making so darn much of it.

Spencer earned a master’s degree in international affairs from Columbia University, a certificate from Columbia’s Harriman Institute, and a B.A. in political science from Brandeis University.

Spencer Jakab - 

Website - https://spencerjakab.com/
Twitter - https://twitter.com/Spencerjakab
LinkedIn - https://www.linkedin.com/in/spencer-jakab-43b635b/

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 we are happy to be hosting Christopher Leonard, a New York Times bestselling journalist and author of the recently released book “The Lords of Easy Money - How the Federal Reserve Broke the American Economy”.

On the podcast we talk about the book, why the FED was created, how this changed with the implementation of Quantitative Easing and how these actions have led to the asset inflation we have seen over the past 13 years. I hope you enjoy!

You can buy the book here - 

Kindle - https://www.amazon.co.uk/Lords-Easy-Money-Federal-American-ebook/dp/B09843RVM5/
Hardcover - https://www.amazon.co.uk/Lords-Easy-Money-Federal-American/dp/1982166630/

0:00 - Podcast Introduction
0:22 - What influenced Chris to write the book?
2:50 - People treat QE as a necessary evil, but it didn’t have to be the case
4:37 - Who is Thomas Hoenig and why is he so important to the story?
8:00 - The need for consensus in the FED
11:35 - Why was the FED created and how did QE change their meaning?
16:40 - How the 70’s and the actions taken then compare to today?
22:10 - Price increases leading to instability 
24:00 - How many people have dropped from the middle class
26:55 - Why QE hasn’t trickled down and stayed in many financial tools?
31:10 - Greenspan Put and how that increases risk appetite in the market?
35:00 - Stark increase in the gap between Middle Class and Upper Class
37:00 - The FEDs bailing out highly leveraged Hedge Funds in 2019
41:50 - Why did the FED complicate their communications?
48:55 - Linked to transitory inflation and how the FED denied for as long as possible
51:05 - Why did Jerome Powell’s views change while being a part of the FED?
59:30 - One message to take away from the interview?

Christopher Leonard is a business reporter whose work has appeared in The Washington Post, The Wall Street Journal, Fortune, and Bloomberg Businessweek. He is the author of The Lords of Easy Money, The Meat Racket and Kochland, which won the J. Anthony Lukas Work-In-Progress Award. 

Christopher Leonard - 

Website - http://www.christopherleonard.biz/
Twitter - https://twitter.com/CLeonardNews
LinkedIn - https://www.linkedin.com/in/christopher-leonard-605a767/
Facebook - https://www.facebook.com/ChristopherLeonardAuthor/?ref=page_internal

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 we are happy to be hosting James A Fok, author of the book " Financial Cold War: A View of Sino-US Relations from the Financial Markets". 

On the podcast we talk about the book, what is the Financial Cold War, why the conflict is different to the Cold War between the US and USSR and what solutions could resolve the tensions between the two countries. 

You can buy the book here - 

Amazon - https://www.amazon.co.uk/Financial-Cold-War-Sino-US-Relations-ebook/dp/B09NTB7P3Z/ref=sr_1_3?crid=1WZ88SHXSZ2EY&keywords=The+Financial+Cold+War&qid=

James Fok is a veteran financial and strategic advisor to corporations and governments. He served as a senior executive at Hong Kong Exchanges and Clearing (HKEX) from 2012 until 2021, during a period of rapid internationalisation in China's capital markets. While there, he played a major role in a number of landmark financial markets initiatives, including the launch of the Shanghai-Hong Kong Stock Connect programme (2014), Bond Connect (2017) and the Hong Kong market's Listing Reforms (2018). Prior to HKEX, Fok worked as an investment banker in both Europe and Asia, specialising in the financial services sector.

Fok has written and spoken extensively about market structure issues and the intersection between geopolitics and international finance. He serves or has served on a number of financial industry bodies, including Ireland for Finance's Industry Advisory Committee (2021-), the Executive Board of the International Securities Services Association (2018-21), and the Financial Services Advisory Committee of the Hong Kong Trade and Development Council (2014-21). He is also a member of the Advisory Board of Hex Trust (2021-).

Fok holds a BA (Hons) from the School of Oriental and African Studies of the University of London. He lives in Hong Kong with his wife and two sons.

James Fok:
Website - https://jamesafok.com/
LinkedIn - https://www.linkedin.com/in/james-fok-24082237/

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 be hosting Rupert Russell - Writer, Filmmaker and author of the upcoming book "Price Wars: How Chaotic Markets Are Creating a Chaotic World", released on the 27th of January. 

On the podcast we talk about how traders influence instability through commodity markets, the butterfly effect and how climate change will amplify the current effects. 

Buy the Book - 
Amazon Hardcover - https://www.amazon.co.uk/Profit-Loss-Rupert-Russell/dp/1474613977/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1641911599&sr=8-2
Amazon Kindle - https://www.amazon.co.uk/Price-Wars-Adventures-Financial-Apocalypse-ebook/dp/&sr=8-2
Publisher - https://www.penguinrandomhouse.com/books/622647/price-wars-by-rupert-russell/#

RUPERT RUSSELL is a writer, director, and author.

He received a Double-Starred First in the Social and Political Sciences from Jesus College, Cambridge, and a Ph.D. from Harvard University in Sociology, where he was National Science Foundation Graduate Research Fellow.

His feature debut, Freedom for the Wolf, charted the global crisis of democracy, won the Audience Award at the Slamdance Film Festival and was nominated for the Cinema for Peace ‘Most Valuable Film of the Year’ Award during Berlinale 2019.

Price Wars: How Chaotic Markets are Creating a Chaotic World traces the origins of the chaotic decade - from Trump and Brexit to Syria and Ukraine to the climate crisis and the global refugee crisis - back to the world's financial markets. It is both a feature documentary film that aired on ARTE and a book to be published in January 2022 by Doubleday (Penguin Random House) in the US and Weidenfeld & Nicolson (Hachette) in the UK.

He is a member of the LGBTQ+ community and has directed commercials celebrating Pride for HSBC.

Rupert - 
Website - https://www.rupertrussell.com/
Twitter - https://twitter.com/rupert_russell
Instagram - https://www.instagram.com/rupertrussell/

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

*Disclaimer - The interview is for entertainment purposes only. Nothing mentioned throughout the video is intended as investment advice.*

On todays podcast I am happy to be hosting Seth Levine CFA, Creator of the Integrating Investor Blog.

On todays episode we talk about how the financial crisis changed everything,  changing the definition of Growth and Value stocks and the Eurodollar phenomenon. I hope you enjoy! 

Seth is an analyst with 18 years of experience investing in equities, hybrids, credit derivatives, corporate bonds, levered loans, and high yield bonds in more than a dozen industries and for varying investment mandates. He is an independent thinker and writer able to identify and critically analyze key investment themes across multiple markets.

The opinions and views expressed by Seth in the video are solely his own and do not reflect those of his current or any former employer.

Seth - 
Blog - https://integratinginvestor.com/
LinkedIn - https://www.linkedin.com/in/seth-levine-cfa-1a708912/
Twitter - https://twitter.com/SethLevine2
Instagram - https://www.instagram.com/theintegratinginvestor/

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 be hosting Glen Goodman,  Successful Trader and author of the book "The Crypto Trader: How anyone can make money trading Bitcoin and other cryptocurrencies". 

During the interview we talked about Glens career, his trading strategy and the fallacy of HODLing. 

Glen Goodman is an investor and former TV Business Correspondent. He was employed by ITN and the BBC, Britain's largest news broadcasters. Glen quit because his investing hobby had been generating a decent annual income for quite a while so he no longer needed to have a job. 

Glen has been investing for two decades and like most novices he made some costly mistakes in the early years. But unlike most novices, he stuck with it, read several shelf-fulls of books & articles, and started making good money. ​​​

Glen wrote the Crypto Trader to share the combined wisdom of many of the best investors, boiled down into a system that works for him. Glen believes the more successful small investors there are, the less power the professional fund managers and bankers have over us. 

Glen
Website - https://www.glengoodman.com/
Twitter - https://twitter.com/glengoodman
Facebook - https://www.facebook.com/thesharesguy/

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 be hosting Tay Chi Keng, Alibaba Evangelist, China Enthusiast and YouTube Creator. 

On the podcast we talk about Alibaba, the opportunity available with Chinese Stocks and how Chi is not worried about the current issues with antitrust and delisting's. 

Chi is the host of his own YouTube channel where he gives his own opinion on Alibaba, Chinese Stocks and Investing. He is a self proclaimed Alibaba evangelist. Chi is currently studying a dual degree in Accounting & Finance at  Nanyang Technological University and has experience in Wealth Management and Auditing. 

Tay Chi Keng 
YouTube - https://www.youtube.com/c/TayChiKeng
Twitter - https://twitter.com/taychikeng
LinkedIn - https://www.linkedin.com/in/chi-keng-tay/

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 - 

Independent -https://uk.bookshop.org/books/shredded-inside-rbs-the-bank-that-broke-britain/9781780276045
Amazon - https://www.amazon.co.uk/Shredded-Inside-Britain-Revised-Updated/dp/1780276044/

On today's podcast I am happy to be hosting Ian Fraser, author of "Shredded: Inside RBS, the Bank That Broke Britain".

On the podcast we talk about the point at which RBS turned in the wrong direction, leadership incompetence and whether any issues were learnt from the catastrophe which broke Britain. 

Ian Fraser is an award-winning journalist, commentator and broadcaster who writes about business, finance, politics and economics. He has written for titles including The Economist, Financial Times, The Sunday Times, The Times, Daily Telegraph, Daily Mail, Mail on Sunday, Independent on Sunday, the Herald, Sunday Herald, BBC News, Thomson Reuters, Dow Jones, Accountancy, CA Magazine and Citywire.

His book, Shredded: Inside RBS, The Bank That Broke Britain, published in June 2014, explores how and why RBS, the world’s largest company by assets at the time of its collapse, became the world’s most expensive bank to bail out. The book — based on extensive interviews with more than 120 current and former RBS insiders, advisers, politicians, and others — was longlisted for the Financial Times and McKinsey Business Book of the Year and has received positive reviews including from FT chief economics correspondent Martin Wolf.

Since March 2009, Ian has worked on programmes about the global financial crisis and its aftermath for the BBC. These have included RBS: Inside The Bank that Ran Out of Money, (a one-hour documentary that was shortlisted for Bafta), Trust Me I’m A Banker for BBC Scotland Investigates, Carry on Banking for BBC 1 Panorama and seven Radio 4 ‘File on 4’ documentaries (including Badly Behaving Bankers).

Ian Fraser - 
Website - https://www.ianfraser.org/
LinkedIn - https://www.linkedin.com/in/ianfraser/
Twitter - https://twitter.com/Ian_Fraser

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 be hosting Larry Cheung CFA, Finance and Investing educator. 

On the podcast we talk about advice for entering the Finance business, investing in China and the current state of inflation.

Larry Cheung -
YouTube - https://www.youtube.com/c/LarryCheungCFA
Twitter - https://twitter.com/LarryCheungCFA
LinkedIn - https://www.linkedin.com/in/larrycheung/

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 Ivan Ripamonti, Blockchain and Crypto Investment Manager at Iconic Holding. 

The interview is from a live Q&A event hosted by Warwick Trading Society and in collaboration with Warwick Crypto Society, Kings College London
Economics & Finance Society, Leeds University Union Trading and Investment Society, Lancaster University Investment & Finance 
Society & the WTFinance Podcast. 

Ivan Ripamonti - 
LinkedIn - https://www.linkedin.com/in/ivan-ripamonti/
Twitter - https://twitter.com/ivan_ripamonti

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