Raoul Pal
Co-founder & CEO, Real Vision. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveinvestoranalystauthorhost@RaoulGMI ↗LinkedIn ↗raoulpal.com ↗
Formerly a Goldman Sachs executive and co-manager of GLG's global macro fund, Pal co-founded the financial video platform Real Vision in 2014. He authors institutional research via The Global Macro Investor and provides macroeconomic commentary on digital assets.
1shows
1appearances
24statements
2resolved
2supported
0contradicted
100%fully supported
2said about them ↓ Everything Raoul Pal said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Pal: The entire financial system and securities industry will pivot to blockchain
“The entire financial system is going to pile capital into this space over time. Because of the supermassive black hole that it is when you've got all these network effects going on. And the fact that financial industry itself is going to pivot to blockchain te…”
Pal: India is the most obvious economy to long for 20 years
“If you look at the global economy, which is the most obvious global economy in the world that you want to be long off for the next 15 years, 20 years, it is without question India.”
Pal: The majority of the English-speaking internet will soon be Indian
“Soon, the majority of the English speaking internet will be Indian. So, and he explains an apparent and a little bit after that is that the conversations you have online, the highest probability is that they will be Indians. They will not be Americans. They'll…”
Pal: Only tech stocks and crypto beat the Fed balance sheet expansion
“There's only two things that outperformed the Fed balance sheet over the last, since 2008. Only two asset classes. One was technology stocks, and the other was crypto.”
Pal: Breakthrough technologies will reach 4 billion users by 2037
“This is stuff actually happening right now. That's going to go from, you know, a hundred million people to four billion people in the next decade and a half.”
Pal: The Boring Company actually exists to build underground Mars habitats
“I actually think the boring company is not about digging tunnels under Los Angeles. I don't think it gives a shit. I think it's because the only way of inhabiting Mars is underground.”
Pal: 20% of corporate intangible balance-sheet value will be tokenized
“Well, probably 20% of that is going to get tokenized via what you're doing is essentially tokenizing the intangible of brand, culture, and community.”
Pal: ConstitutionDAO raising $40M in a weekend changed politics forever
“40 something million in capital in about a day and a half in a DAO around an idea. I mean, holy shit, that changed politics forever. People just don't know it yet.”
Pal: Zuckerberg knows Meta must change to survive Web3
“Mark Zuckerberg is not stupid. He completely understands what is going on in web three and why they have to change as a business. You know, knowing many people at Meta, they get it because they won't exist otherwise.”
Pal: Great investors match their idea horizon with trade execution
“What makes a great investor in his mind is somebody whose idea horizon matches his trade time horizon, right?”
Pal: Only two or three truly long-term hedge funds still exist
“I'll probably give you an exact number. Zero. I lie. There's probably Chris Benody. There's like two or three. Basically, that's why they turn into family officers. Because you can't play that game.”
Pal: Escaping London and New York is immensely useful for investors
“Getting out of London and New York is immensely useful.”
Pal: ESG is a mega trend because of European capital mandates
“So, you know, ESG, that's going to be a mega trend. Doesn't, I don't care whether anybody agrees in the trend and the mandating of it, but everybody's mandated to do it in Europe. So all of the money goes into, to ESG.”
Pal: Scottish Mortgage Trust has the world's best tech investors
“The guys at Scottish Mortgage Trust that most people don't know of, that probably the best tech managers in the world”
Pal: Digitized electricity will drive energy costs to near zero
“Electricity is about to be digitized. That is what this whole revolution is about. The whole ESG revolution is going from using these physical fossil fuels to using atoms or energy that exists and basically digitizing it. So once you do that, the cost of anyth…”
Pal: Dogecoin will likely become Elon Musk's currency for streaming payments
“Doge is likely to be his currency. What does that mean? It's still decentralized in some method, not hugely so, but yes, he's a large stakeholder in it, but I'm guessing he'll use it as streaming payments for his cars.”
Pal: Balaji is wrong; people will live in multiple digital states
“We're going to digital sovereign states and we'll live in multiple ones. I think Balaji's wrong that we will leave We necessarily leave the state we live in. I think we live in multiple states.”
Pal: Crypto hedge funds hold just $4B compared to $57B in VC
“VC space is crowded with fifty seven billion going in in the last 15 months. Hedge fund space, the entire size of the hedge fund space, four billion. There is, the secondary market in crypto is entirely starved of capital.”
Pal: Institutional capital forced hedge funds into low-volatility asset gathering
“It had gone from being this gunslinger's high volatility, long-term conviction world to asset gathering, low volatility, lower returns. And that was the rise of the pension funds and insurance companies piling huge amounts of money in the space.”
Pal: Nick Roditi was the best investor bar none
“The best investors I ever saw, the best investor I ever saw bar none was Nick Raditi.”
Pal: Holding initial $200 Bitcoin beat his massive 2020 re-entry by 5x
“I went back and looked at if I'd just kept my initial investment at 200 bucks, I would have done, I can't remember them, five times better. Even though the size that I added in March, 2020 was massively larger than the first size.”
Pal: Aggressively bought crypto during the 2022 market sell-off
“So therefore the volatility now, I've been adding as fast as I can, scraping the sofa for coins or anything to put more money in.”
Pal: Access to physical nature will trade at a premium
“I think nature probably trades at a premium, which is an interesting concept that I've been kind of getting through my mind with this.”
The other half of the tape: Raoul Pal's own voice is left out of every number here. Other people bring the name up 1 time in 1 episode across the shows. 1 statement on the record names them. every mention, with the transcript →
Who brings them up most Sahil Bloom 1
Statements about Raoul Pal, by other people (1)
Every mention by year
tap a year for its mentions
the Startup Ideas Podcast 1
2022 1 mention in 1 episode
One line per show, most statements first. The link opens Raoul's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| STARTUP IDEASLEDGER | Co-founder & CEO, Real Vision | 1 | 24 | 100% 2/2 | full record on the Startup Ideas Podcast → |