Brexit

“We did Brexit. Many people think that was a mistake. I don't. I think it was the right thing to do, but we didn't make, take advantage of it. We didn't say, now we're out in the world, let's deregulate”

“Maybe I can say this as an American, you know, Brexit was a terrible idea.”

“London has continued to maintain a real, basically an equivalent dynamism of entrepreneurialism as it did pre-Brexit, which is a total shock to me, but it's absolutely true.”

“And I think our business would have been better positioned, you know, have we not cut those technology investments.”

“We had, you know, we had a Brexit exodus of talent where people just said, you know what, I'm just going, I'm going back to France or I'm going back to, you know, wherever.”

“And I moved up to London, which, you know, like in Europe, I kind of feel it's like the New York of Europe or even the Silicon Valley back in the day, back before Brexit, it was the biggest tech hub.”

“We did these things in 2016 where people wanted to hedge themselves against Brexit or get exposure to Brexit. And what we would do is like, we would take a bunch of option swaps, put them in one bundle and then sell it to investors and sell it as a good proxy …”

“In the zero rates world, I thought we were shifting to a place where really it's fiscal and geopolitics that matter, especially after 2016 when you had Brexit and Trump. I think the world really changed and Marco came on board and has just crushed it for our c…”

“I think LA is the new London in the sense that London used to be the place where the global jet set got together because the non-doms were there and it was just a global place. But Brexit has kind of killed that. And LA kind of has taken up the mantle in that …”

“In negotiations, look, I think the odds are that we do get some sort of deal, likely a deal on a skeleton that they will then negotiate through twenty-twenty-one.”

“And so I think the consequences of even what people will hail as a successful conclusion to the negotiations, I think even the consequences of that would probably be negative for the UK economy.”

“And the big advantage I would say that fundamental managers have over systematic investing generally is their ability to React quickly to a new paradigm. And so when you get a big event in markets, you're typically at least for two or three months. And we had …”

“Depending where Brexit goes, et cetera, that might, could be a five-year target. If Brexit goes well, it might be a one-year target, but you know, next one of the five years, shall we say.”

“So you look at the United Kingdom, the forces that wanted Brexit, They mounted a much more effective campaign, and the pro-remain side, which I was sympathetic with, they had very poor arguments in response, they were less well coordinated, they were less will…”

“I mean, if anything, Brexit will only increase the amount of money flowing, I would say.”

“So we're approaching ten million annual reoccurring revenue. In fact we were at ten million, but Brexit happened and changed our figures a bit.”