Macro Christmas Confessions
from The ACID Capitalist Podcast
Send us Fan Mail Ever attended a Hedge Fund Christmas Party? We've super charged the subtitles as we welcome back the Scottish tornado, Chris Sweeney to once more chronicle the inner workings of Hugh's orthogonal Eclectica Fund. The boys use his monthly client letters as a Hedge Fund boot camp to reveal what he was really thinking at the time and why he made the decisions he did. No Hedge Fund wannabee can afford to miss the journey to the present day where Hugh reveals and expounds upon his latest macro insights and his chagrin for those that got away. This week, we examine Hugh's relationship with Crispin Odey, his vexation at seeing music business valuations explode to the upside this year. He rues his failure to buy EMI back in 2005 when valuations where just 5% to 10% of today's levels. It all makes for A Blue Christmas, the boys are channelling Elvis as they pick over this week's big currency gyrations from Turkey, a country of 85 million inhabitants with a GDP equal to less than a quarter of the value of Apple's stock market capitalisation. Apples and Turkey...merry Christmas one and all. Support the show ⬇️ Subscribe on Patreon or Substack for full episodes ⬇️ https://www.patreon.com/HughHendry https://hughhendry.substack.com https://www.instagram.com/hughhendryofficial https://blancbleustbarts.com https://www.instagram.com/blancbleuofficial ⭐⭐⭐⭐⭐ Leave a five star review and comment on Apple Podcasts! 🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X 📩 Substack 👂Listen and 🔥 Subscribe 📺 YouTube 🎧 ...
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What this episode covers
Send us Fan Mail Ever attended a Hedge Fund Christmas Party? We've super charged the subtitles as we welcome back the Scottish tornado, Chris Sweeney to once more chronicle the inner workings of Hugh's orthogonal Eclectica Fund. The boys use his monthly client letters as a Hedge Fund boot camp to reveal what he was really thinking at the time and why he made the decisions he did. No Hedge Fund wannabee can afford to miss the journey to the present day where Hugh reveals and expounds upon his ...
Chapters
- 1:00 Christmas No.1s
- 3:05 Hedge Fund Christmas Parties
- 9:20 Turkey Votes For Christmas
- 11:40 The Age of the Universe
- 20:00 Music Royalties, The Boss, Bowie Bonds, EMI
- 22:55 Please Don't Stop the Music
- 27:00 Guy Hands, The Dealmaker
- 34:50 Inter Planetary Cycles
- 40:00 Convexity and Credit Defaults
- 44:00 The Age of the Beige Zuke
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