Kontrarian Korner #138 - Rudy Havenstein

Yesterday I had Rudy Havenstein back on the podcast to talk about the state of the world. It wouldn’t be a podcast with Rudy without talking about the Fed and inflation, but we also covered several different political topics, and how AI is going to have an impact on the information environment and on markets. It’s always a good time when Rudy’s on the podcast, and if you’re interested in some of the big picture topics on financial markets, culture, and politics, you will enjoy this one. You can find Rudy’s Substack below, and he is one of the most entertaining follows on Twitter.Podcast Summary* The recent Fed meeting, inflation, and how QE has driven wealth inequality.* The broken health insurance system and rising healthcare costs. * His frustrations with the ruling elite on both sides, and the problem with continuous foreign interventions.* Immigration, handouts, and how it could be dealt with.* How people’s experience during COVID has shaped their worldview.* Why populism appeals to everyday Americans, and why he doesn’t see any problems with that.* Why AI is going to make authenticity more valuable moving forward.* What AI means for the investment landscape, and a couple places to hide out in financial markets. * Book Recommendation: Fooled By Randomness by Nassim Taleb. Kontrarian Korner is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.kontrariankorner.com/subscribe