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Steve Novakovic discusses the transformative shift from strategic asset allocation to the Total Portfolio Approach (TPA), highlighting governance changes, evolving market dynamics, and the implications for institutional investors, private markets, and alternative investments.
A deep dive into the potential natural gas supply crunch driven by premature electrification, AI data center expansion, and growing LNG exports, highlighting why the U.S. may face a critical energy vulnerability in the coming years.
A comprehensive look at the 2025 global market performance reveals that while US markets did well, international markets, particularly in China, South Korea, and emerging markets, significantly outperformed, challenging the "US is the only game in town" narrative.
Sam Gaer of Monarq Asset Management discusses how his firm uses quantitative directional strategies to trade crypto assets, aiming to provide an institutional-quality return stream that outperforms bitcoin by managing risk and leveraging technological expertise.
Jack and Max break down Michael Burry's short thesis on Nvidia, discuss HSBC's massive loss projections for OpenAI, and debate whether AI is a bubble or transformative technology that could significantly impact GDP and market valuations.
James Wang discusses the current state of venture capital, highlighting the collision of public and private markets, the dry powder bubble, and the challenges facing VCs as they navigate investments in emerging technologies like AI, while also exploring the potential transformative impacts and limitations of artificial intelligence.
Jack and Max discuss the Magnificent Seven's massive AI capital expenditures, credit market "cockroaches" like Broadcom Telecom fraud, and the Federal Reserve's potential balance sheet expansion, highlighting the ongoing AI investment boom and emerging market stresses.
Derek Pilecki of Gator Capital discusses his focused strategy on financial sector stocks, why recent credit concerns are overblown, and how he has successfully grown his hedge fund by focusing exclusively on financial stocks while outperforming the S&P 500.