The Argument Index
Debate potential by speaker, the highest-scored statement each year, and the companies with the most bearish calls on record. All of it clickable, all of it playable.
People
Average debate potential by speaker
All 501 guests with 5 or more scored statements, ranked. 13 more have fewer than 5, too few for a fair average, and the host is scored on his own page. Sort or filter below.
| # | Person | Avg debate potential | Statements scored |
|---|---|---|---|
| 1 | Brendan Ballou CEO and Founder, Public Integrity Project | 3.64 | 11 |
| 2 | Dan Rasmussen Founder and Portfolio Manager, Verdad Advisers | 2.94 | 35 |
| 3 | Marko Papic Chief Strategist, BCA Research | 2.93 | 76 |
| 4 | Bob Litterman Founding Partner, Kepos Capital | 2.89 | 18 |
| 5 | John Pfeffer | 2.85 | 13 |
| 6 | Jake Walthour Co-Founder & CEO, Blueprint Capital Advisors | 2.83 | 12 |
| 7 | Steve Drobny Founder & Managing Partner, Clocktower Group | 2.8 | 15 |
| 8 | Louis-Vincent Gave Founding Partner & CEO, Gavekal | 2.78 | 72 |
| 9 | Larry Siegel Director of Research Emeritus, CFA Institute Research Foundation | 2.75 | 24 |
| 10 | Jonathan Tepper Founder & CIO, Prevatt Capital | 2.71 | 49 |
| 11 | Andy Redleaf | 2.69 | 13 |
| 12 | Charles Van Vleet Assistant Treasurer and CIO, Textron | 2.68 | 34 |
| 13 | Brett McGurk Venture Partner, Lux Capital | 2.67 | 6 |
| 14 | Peter Kraus Chairman and CEO, Aperture Investors | 2.65 | 20 |
| 15 | Jason Karp Founder and CEO, HumanCo | 2.64 | 14 |
| 16 | Cameron Hight Founder & CEO, Alpha Theory | 2.64 | 11 |
| 17 | Jeremy Grantham Co-Founder & Long-Term Investment Strategist, GMO | 2.63 | 81 |
| 18 | James Aitken Founder & Managing Partner, Aitken Advisors | 2.63 | 108 |
| 19 | Julia Bonafede Co-Founder and Head of Investments, Rosetta Analytics | 2.6 | 20 |
| 20 | Erik Serrano Berntsen Founder & CEO, Stable Asset Management | 2.59 | 22 |
| 21 | Casey Whalen Partner & CIO of Investment Advisory Solutions, BDT & MSD Partners | 2.58 | 19 |
| 22 | Barry Sternlicht Chairman & CEO, Starwood Capital Group | 2.58 | 24 |
| 23 | David Lyon Head of Capital Solutions, Neuberger Berman | 2.57 | 28 |
| 24 | Olaf Carlson-Wee Founder & CEO, Polychain Capital | 2.57 | 28 |
| 25 | Dave Brizano Vice Chairman, Advisory Board, Polen Capital | 2.55 | 11 |
| 26 | Daryn Dodson Founder and Managing Partner, Illumen Capital | 2.55 | 11 |
| 27 | David Salem Managing Director, Hedgeye Risk Management | 2.54 | 26 |
| 28 | Ben Hunt Co-Founder and CIO, Second Foundation Partners | 2.54 | 13 |
| 29 | Cliff Asness Founder & CIO, AQR Capital Management | 2.54 | 24 |
| 30 | Chris Douvos Founder & Managing Director, Ahoy Capital | 2.54 | 74 |
| 31 | Vincent Daniel Co-Founder and Managing Partner, Seawolf Capital | 2.53 | 15 |
| 32 | Mario Giannini Executive Co-Chairman, Hamilton Lane | 2.53 | 75 |
| 33 | Hiro Mizuno Founder & CEO, Good Steward Partners | 2.53 | 32 |
| 34 | Peter Troob Co-Founder & CIO, Troob Capital Management | 2.52 | 21 |
| 35 | Rajiv Jain Chairman and CIO, GQG Partners | 2.51 | 53 |
| 36 | Richard Sandler Executive Vice President, Milken Family Foundation | 2.5 | 16 |
| 37 | Craig Bergstrom CIO & Managing Partner, Corbin Capital Partners | 2.5 | 16 |
| 38 | Dan Fagan Managing Director, Blackstone | 2.5 | 10 |
| 39 | Mike Novogratz Founder and CEO, Galaxy Digital | 2.5 | 12 |
| 40 | Josh Wolfe | 2.47 | 62 |
| 41 | Chris Voss CEO and Founder, The Black Swan Group | 2.47 | 17 |
| 42 | Adam Fisher Partner, Bessemer Venture Partners | 2.47 | 19 |
| 43 | Ashby Monk Executive & Research Director, Stanford University | 2.46 | 99 |
| 44 | Dan Ariely Professor, Duke University | 2.46 | 41 |
| 45 | Matt Miller Managing Partner & Founder, Grey Rock Investment Partners | 2.45 | 33 |
| 46 | Carol Geremia President and Head of Global Distribution, MFS | 2.45 | 11 |
| 47 | Ashvin Chhabra President and CIO, Euclidean Capital | 2.45 | 22 |
| 48 | Paul Black Portfolio Manager & Co-CEO, WCM Investment Management | 2.44 | 39 |
| 49 | Jesse Walden Founder & Managing Partner, Variant | 2.44 | 16 |
| 50 | Pat Dorsey Founder & Portfolio Manager, Dorsey Asset Management | 2.43 | 49 |
| 51 | Leigh Drogen GP & CIO, Starkiller Capital | 2.43 | 28 |
| 52 | Ben Inker Co-Head of Asset Allocation, GMO | 2.43 | 23 |
| 53 | Seth Masters Vice Chair, New York Angels | 2.43 | 21 |
| 54 | Sean Warrington Partner & Head of Private Investments, Gresham Partners | 2.42 | 19 |
| 55 | Steve Nesbitt CEO & Founder, Cliffwater LLC | 2.41 | 17 |
| 56 | Sam Zell Founder and Chairman, Equity Group Investments | 2.41 | 17 |
| 57 | Brian Portnoy Founder and CEO, Shaping Wealth | 2.41 | 17 |
| 58 | Gavin Baker Managing Partner & CIO, Atreides Management | 2.4 | 40 |
| 59 | Eric Peters | 2.4 | 77 |
| 60 | Chris Dixon Founder & Managing Partner, a16z crypto | 2.4 | 99 |
| 61 | Sachin Khajuria Founder & CIO, Achilles | 2.4 | 25 |
| 62 | Ali Hamed Partner & CEO, Treville | 2.39 | 62 |
| 63 | Tushar Jain Co-Founder and Managing Partner, Multicoin Capital | 2.39 | 18 |
| 64 | Chamath Palihapitiya Founder & CEO, Social Capital | 2.39 | 28 |
| 65 | Chris Ailman Founder & CEO, Ailman Advisers | 2.39 | 28 |
| 66 | Steve Kuhn Founder, Major League Pickleball | 2.39 | 23 |
| 67 | Stan Miranda Chairman Emeritus, Partners Capital | 2.38 | 39 |
| 68 | Steve Rattner Chairman and CEO, Willett Advisors LLC | 2.38 | 24 |
| 69 | Jordi Visser Head of AI Macro Nexus Research, 22V Research | 2.37 | 65 |
| 70 | George Mikulakis Founder & CIO, Gladstone Capital Management | 2.36 | 25 |
| 71 | Rostin Behnam | 2.36 | 14 |
| 72 | Chris Sacca Managing Partner, Lowercarbon Capital | 2.35 | 34 |
| 73 | Greg Jensen Co-Chief Investment Officer, Bridgewater Associates | 2.35 | 20 |
| 74 | Matt Levine Columnist, Bloomberg Opinion | 2.35 | 20 |
| 75 | Ash Fontana Special Advisor, Zetta Venture Partners | 2.34 | 29 |
| 76 | Dominic Garcia Chief Pension Investment Strategist, CBRE Investment Management | 2.33 | 18 |
| 77 | Jon Hirtle Founder & Executive Chairman, Hirtle & Co. | 2.33 | 15 |
| 78 | Manny Friedman Co-CEO & Co-CIO, EJF Capital | 2.33 | 48 |
| 79 | Tom DeLong Professor of Management Practice, Harvard Business School | 2.33 | 15 |
| 80 | Kieran Goodwin Partner & Portfolio Manager, Saba Capital Management | 2.32 | 22 |
| 81 | Nick Rohatyn Partner and CEO, The Rohatyn Group | 2.32 | 38 |
| 82 | Adam Blitz CEO & Co-CIO, Evanston Capital Management | 2.32 | 44 |
| 83 | Sam Sicilia Chief Investment Officer, Hostplus | 2.32 | 28 |
| 84 | Luke Ellis Former CEO, Man Group | 2.31 | 36 |
| 85 | Lane MacDonald Chief Investment Officer, SCS Financial | 2.3 | 27 |
| 86 | Jon Harris | 2.3 | 33 |
| 87 | Fabrice Grinda Founding Partner, FJ Labs | 2.3 | 37 |
| 88 | Bill Spitz Co-Founder and Principal, Diversified Trust Company | 2.3 | 23 |
| 89 | Jeff Assaf | 2.29 | 14 |
| 90 | Gary Sernovitz Author and Essayist | 2.29 | 21 |
| 91 | Finny Kuruvilla Co-CIO, Eventide Asset Management | 2.29 | 17 |
| 92 | Stephen Gilmore Chief Investment Officer, CalPERS | 2.28 | 25 |
| 93 | David Zorub Founder & CIO, Parsifal Capital Management | 2.28 | 46 |
| 94 | Savneet Singh President and CEO, PAR Technology | 2.28 | 25 |
| 95 | Karl Scheer Chief Investment Officer, University of Cincinnati | 2.28 | 18 |
| 96 | Mark Sullivan Partner & Head of Hedge Funds, Wellington Management | 2.27 | 11 |
| 97 | Michael Rees Co-President, Blue Owl Capital | 2.27 | 15 |
| 98 | Drew Dickson Founder & CIO, Albert Bridge Capital | 2.27 | 26 |
| 99 | Michael Cembalest Chairman of Market and Investment Strategy, J.P. Morgan | 2.27 | 33 |
| 100 | Jay Ripley Head of Investments, Global Endowment Management | 2.26 | 42 |
| 101 | Isaac Corre Founder & CEO, Governors Lane | 2.26 | 31 |
| 102 | Ed Grefenstette CEO & CIO, The Dietrich Foundation | 2.25 | 65 |
| 103 | Toby Rodes Co-Founder and CIO, Kaname Capital | 2.25 | 32 |
| 104 | Adam Shapiro Co-Founder and Managing Partner, East Rock Capital | 2.25 | 24 |
| 105 | Stephen McKeon Managing Partner, Collab+Currency | 2.25 | 53 |
| 106 | David Rosenthal Co-Host, Acquired | 2.25 | 16 |
| 107 | Richard Tedlow | 2.25 | 8 |
| 108 | Michael Lombardi Host, The GM Shuffle | 2.25 | 24 |
| 109 | Kyle Samani Co-Founder & Managing Partner, Multicoin Capital | 2.24 | 17 |
| 110 | Eric Ries Founder & CEO, Long-Term Stock Exchange | 2.24 | 21 |
| 111 | Matt Botein | 2.23 | 13 |
| 112 | Brent Beshore Founder & CEO, Permanent Equity | 2.23 | 30 |
| 113 | Basil Qunibi Founder, CEO & CIO, Atom Investors | 2.23 | 13 |
| 114 | Jonathan Farber Co-Founder and Managing Director, Lime Rock Partners | 2.22 | 9 |
| 115 | Billy Libby Co-Founder and CEO, Upper90 | 2.22 | 23 |
| 116 | Scott Wilson Chief Investment Officer, Washington University in St. Louis | 2.22 | 18 |
| 117 | Bruce MacDonald CEO & CIO, VCIMCO | 2.21 | 29 |
| 118 | Tom Joy Chief Investment Officer, Cavamont | 2.21 | 19 |
| 119 | Joelle Kayden Founder & Managing Partner, Accolade Partners | 2.21 | 43 |
| 120 | Dan Ivascyn | 2.21 | 14 |
| 121 | Bill Ford | 2.21 | 14 |
| 122 | Ari Paul Co-Founder and CIO, BlockTower Capital | 2.21 | 29 |
| 123 | Fran Kinniry Principal & Head of IARC, Vanguard | 2.21 | 29 |
| 124 | Adrian Meli Partner & Co-CIO, Eagle Capital Management | 2.2 | 25 |
| 125 | Roberto Ish Partner & Portfolio Manager, Wellington Management | 2.2 | 5 |
| 126 | Ellen Schumann Partner Emerita, Edgehill Endowment Partners | 2.2 | 10 |
| 127 | Eric Seabush Global Strategy Leader, Mercer Alternatives | 2.2 | 5 |
| 128 | Neal Foard Founder, StoryFire | 2.2 | 15 |
| 129 | Tim Recker CIO and Treasurer, The James Irvine Foundation | 2.2 | 45 |
| 130 | Karyn Williams Founder & Managing Principal, Hightree Advisors | 2.2 | 15 |
| 131 | Wendy Cromwell Vice Chair, Wellington Management | 2.2 | 25 |
| 132 | Christy Hamilton | 2.2 | 30 |
| 133 | Michael Schwimer Founder & CEO, Big League Advantage | 2.2 | 49 |
| 134 | Baroness Dambisa Moyo Member, UK House of Lords | 2.19 | 21 |
| 135 | Michael Mervosh Founder and Executive Director, The Hero's Journey Foundation | 2.19 | 27 |
| 136 | Seth Klarman CEO & Portfolio Manager, The Baupost Group | 2.19 | 43 |
| 137 | Ash Williams Vice Chair, J.P. Morgan Asset Management | 2.19 | 16 |
| 138 | Khe Hy Founder, RadReads | 2.19 | 16 |
| 139 | Mike Maples Founding Partner, Floodgate | 2.18 | 44 |
| 140 | Kim Lew President & CEO, Columbia Investment Management Company | 2.18 | 61 |
| 141 | Ana Marshall | 2.18 | 85 |
| 142 | Paul Assaiante Athletics Ambassador, Trinity College | 2.18 | 17 |
| 143 | Himanshu Gulati Founder & CIO, Antara Capital | 2.18 | 11 |
| 144 | Dave Jerger Chief Compliance Officer, WCM Investment Management | 2.17 | 6 |
| 145 | Mike Choe Managing Partner Emeritus, Charlesbank Capital Partners | 2.17 | 24 |
| 146 | Avichal Garg | 2.17 | 29 |
| 147 | Brian Bares Founder and Portfolio Manager, Bares Capital Management | 2.17 | 24 |
| 148 | Cade Massey Practice Professor, The Wharton School | 2.17 | 18 |
| 149 | Porter Collins Co-Founder and Portfolio Manager, Seawolf Capital | 2.16 | 19 |
| 150 | Arjun Sethi | 2.16 | 32 |
| 151 | Mike Tian Portfolio Manager, WCM Investment Management | 2.16 | 19 |
| 152 | Taimur Hyat Chief Operating Officer, PGIM | 2.16 | 25 |
| 153 | David Druley CEO, Cambridge Associates | 2.16 | 19 |
| 154 | Randall Stutman Founder, Admired Leadership Institute | 2.15 | 53 |
| 155 | Raphael Arndt Chief Executive Officer, Future Fund | 2.15 | 98 |
| 156 | Rob Citrone Founder & Portfolio Manager, Discovery Capital Management | 2.15 | 52 |
| 157 | Regan Bozman Co-Founder and General Partner, Lattice Capital | 2.15 | 27 |
| 158 | Marcos Veremis Partner, Accolade Partners | 2.15 | 20 |
| 159 | Kathy Xu Founding Partner, Capital Today | 2.15 | 27 |
| 160 | Ben Reiter Investigative Journalist and Author | 2.15 | 48 |
| 161 | John Barber | 2.14 | 14 |
| 162 | Sahil Bloom | 2.14 | 14 |
| 163 | Eli Casdin Founder and CIO, Casdin Capital | 2.14 | 21 |
| 164 | Michael Sonnenshein COO, Securitize | 2.14 | 22 |
| 165 | Paul Salem Chairman of the Board, MGM Resorts International | 2.14 | 28 |
| 166 | Josh Brown CEO & Co-Founder, Ritholtz Wealth Management | 2.14 | 22 |
| 167 | Brett Barth Co-Founder and Co-CEO, BBR Partners | 2.13 | 70 |
| 168 | Kristof Gleich President & CIO, Harbor Capital Advisors | 2.13 | 15 |
| 169 | Allison Thacker Special Advisor, Rice University | 2.13 | 23 |
| 170 | Andrew Milgram Managing Partner & CIO, Marblegate Asset Management | 2.13 | 23 |
| 171 | Patrick O'Shaughnessy Founder & CEO, Positive Sum | 2.13 | 45 |
| 172 | Nicholas (Nick) Csicsko Managing Director of Investments, Trinity Church Wall Street | 2.12 | 17 |
| 173 | Alex Sacerdote Founder & Portfolio Manager, Whale Rock Capital Management | 2.12 | 24 |
| 174 | Howard Marks Co-Founder and Co-Chairman, Oaktree Capital Management | 2.12 | 24 |
| 175 | Howard Smith Partner & Portfolio Manager, Indus Capital Partners | 2.12 | 16 |
| 176 | Sujit Indap Wall Street Editor, Financial Times | 2.12 | 16 |
| 177 | Joel Greenblatt Managing Principal & Co-CIO, Gotham Asset Management | 2.12 | 34 |
| 178 | Reuben Munger Founder & Managing Partner, Vision Ridge Partners | 2.12 | 17 |
| 179 | Mitchell Green Founder & Managing Partner, Lead Edge Capital | 2.11 | 19 |
| 180 | Sebastian Mallaby Senior Fellow, Council on Foreign Relations | 2.11 | 19 |
| 181 | Kip McDaniel Founder, Traverse Advisory | 2.11 | 57 |
| 182 | Tim Sullivan Senior GP Adviser, EMK Capital | 2.1 | 58 |
| 183 | Donald Miller CEO, StoryBrand | 2.1 | 21 |
| 184 | Charlie Ellis Founder, Greenwich Associates | 2.1 | 96 |
| 185 | Paul Sonkin Author & Private Investor | 2.1 | 10 |
| 186 | André Bourbonnais Global Head of LTPC, BlackRock | 2.1 | 10 |
| 187 | Sanjay Ayer Portfolio Manager, WCM Investment Management | 2.09 | 53 |
| 188 | André Perold Co-Founder & CIO, HighVista Strategies | 2.09 | 33 |
| 189 | Sir Paul Marshall Chairman and CIO, Marshall Wace | 2.09 | 35 |
| 190 | Evan Roth Co-Founder and Co-CEO, BBR Partners | 2.08 | 12 |
| 191 | Scott Bessent Secretary of the Treasury, U.S. Department of the Treasury | 2.08 | 26 |
| 192 | David Morehead Chief Investment Officer, Baylor University | 2.08 | 36 |
| 193 | John-Austin Saviano Founder & Managing Partner, High Country Advisors | 2.08 | 12 |
| 194 | Paul Johnson | 2.08 | 13 |
| 195 | Clare Flynn Levy Founder & CEO, Essentia Analytics | 2.08 | 12 |
| 196 | Bobby Jain Founder, CEO & CIO, Jain Global | 2.07 | 41 |
| 197 | Alex Abell Managing Partner, RCP Advisors | 2.07 | 15 |
| 198 | Tony Davis CEO & CIO, Inherent Group | 2.07 | 30 |
| 199 | Jonathan Lewinsohn Co-founder and Co-Managing Partner, Diameter Capital Partners | 2.06 | 53 |
| 200 | Mike Trigg Co-CEO & Portfolio Manager, WCM Investment Management | 2.06 | 34 |
| 201 | Matt Bank Chief Investment Officer, Global Endowment Management | 2.06 | 31 |
| 202 | Chris and Rob Michalik Managing Directors & Co-Founders, Kinderhook Industries | 2.06 | 17 |
| 203 | Rod Wong Founder & Managing Partner, RTW Investments | 2.06 | 35 |
| 204 | Orlando Bravo Founder & Managing Partner, Thoma Bravo | 2.06 | 31 |
| 205 | Annie Duke Special Partner, First Round Capital | 2.06 | 103 |
| 206 | Andy Golden Former President, PRINCO | 2.06 | 49 |
| 207 | Daylian Cain Senior Lecturer, Yale School of Management | 2.06 | 33 |
| 208 | Roz Hewsenian Investment Committee Member, Helmsley Charitable Trust | 2.05 | 40 |
| 209 | Nicolai Tangen CEO, Norges Bank Investment Management | 2.05 | 22 |
| 210 | Muthu Muthiah Chief Investment Officer, Children's Healthcare of Atlanta | 2.05 | 19 |
| 211 | Amy Falls VP & CIO, Northwestern University | 2.05 | 38 |
| 212 | Rick Rieder CIO of Global Fixed Income, BlackRock | 2.05 | 19 |
| 213 | Donna Snider SVP & CIO, Hackensack Meridian Health | 2.05 | 19 |
| 214 | Sarah Williamson CEO, FCLTGlobal | 2.05 | 21 |
| 215 | Morgan Housel Partner, The Collaborative Fund | 2.04 | 96 |
| 216 | Meredith Jenkins Chief Investment Officer, Trinity Church Wall Street | 2.04 | 24 |
| 217 | Mark Baumgartner CEO & CIO, UFICO | 2.04 | 25 |
| 218 | Don Mullen Founder and CEO, Pretium Partners | 2.03 | 29 |
| 219 | Paul Enright Chairman of Fundamental Equities, Jain Global | 2.03 | 29 |
| 220 | Daniel Graña | 2.03 | 30 |
| 221 | Anne Martin Senior Advisor, Wesleyan University Investments Office | 2.03 | 32 |
| 222 | Scott Kupor Director, United States Office of Personnel Management | 2.03 | 31 |
| 223 | Scott Malpass Managing Partner, Grafton Street Partners | 2.03 | 35 |
| 224 | Ben Forman Founder & Managing Partner, ParaFi Capital | 2.01 | 70 |
| 225 | John Kim (Kimmer) Chairman & Co-President, Lila Sciences | 2 | 30 |
| 226 | Jeff Aronson Co-Founder and Managing Principal, Centerbridge Partners | 2 | 20 |
| 227 | Mason Morfit Co-CEO & CIO, ValueAct Capital | 2 | 11 |
| 228 | Megan Reynolds Partner, Altimeter Capital | 2 | 14 |
| 229 | Ian Charles Managing Partner & CEO, Arctos Partners | 2 | 46 |
| 230 | Rahul Moodgal Partner, Parvus Asset Management | 2 | 34 |
| 231 | Jeff Glass Co-founder & CEO, Hometap | 2 | 12 |
| 232 | Brad Briner State Treasurer, North Carolina Department of State Treasurer | 2 | 28 |
| 233 | Jace Auby Chief Investment Officer, Teacher Retirement System of Texas | 2 | 39 |
| 234 | David Eichhorn CEO, NISA Investment Advisors | 2 | 19 |
| 235 | Graham Weaver Founder & CEO, Alpine Investors | 2 | 24 |
| 236 | Mo Haghbin Head of Strategic ETFs, ProShares | 2 | 10 |
| 237 | Letitia Johnson Chief Investment Officer, Amherst College | 2 | 24 |
| 238 | Blythe Masters Founding Partner, Motive Partners | 2 | 20 |
| 239 | Michael Milken Chairman, Milken Institute | 2 | 35 |
| 240 | Kimberly Sargent Chief Investment Officer, Packard Foundation | 2 | 23 |
| 241 | Richard Craib Founder & CEO, Numerai | 2 | 29 |
| 242 | Adam Rodman Founder & CIO, Segra Capital Management | 2 | 28 |
| 243 | Tom Steyer Co-Founder and Co-Chair, Galvanize Climate Solutions | 2 | 23 |
| 244 | Shundrawn Thomas Founder & Managing Partner, The Copia Group | 2 | 29 |
| 245 | Adam Wyden Founder & CIO, ADW Capital Management | 2 | 20 |
| 246 | Josh Friedman Co-Founder & Co-CEO, Canyon Partners | 2 | 30 |
| 247 | Roseanne Wincek Co-Founder and Managing Director, Renegade Partners | 2 | 12 |
| 248 | Renata Quintini Co-Founder and Managing Partner, Renegade Partners | 2 | 5 |
| 249 | Ben Gilbert Co-founder & Co-host, Acquired | 2 | 14 |
| 250 | Eric Yuppin Co-Founder & Co-CIO, Point Olema Capital Partners | 2 | 5 |
| 251 | Justin Fishner-Wolfson Co-Founder & Managing Partner, 137 Ventures | 2 | 10 |
| 252 | Henri-Pierre Jacques Co-founder and Managing Partner, Harlem Capital | 2 | 10 |
| 253 | Satya Patel Co-Founder & Partner, Homebrew | 2 | 8 |
| 254 | Stefan Kaluzny Founder & Managing Director, Sycamore Partners | 2 | 11 |
| 255 | Ryan Batchelor Co-Founder & CIO, Clifford Capital Partners | 2 | 9 |
| 256 | Leda Braga Founder & CEO, Systematica Investments | 2 | 21 |
| 257 | Bruce Martin | 2 | 12 |
| 258 | Max Frumes Global Head of Distressed and Restructuring, 9fin | 2 | 12 |
| 259 | Joel Wittenberg Principal, Joel Wittenberg Consulting | 2 | 15 |
| 260 | Alex Shahidi Managing Partner & Co-CIO, Evoke Advisors | 2 | 10 |
| 261 | Yen Liow Founder & Managing Partner, Aravt Global | 2 | 38 |
| 262 | Damien Bisserier Managing Partner & Co-CIO, Evoke Advisors | 2 | 20 |
| 263 | Kazuhiko Shibata Co-Founder and Co-CEO, Symphony Financial Partners | 2 | 5 |
| 264 | Brett Jefferson | 2 | 19 |
| 265 | Neal Triplett | 2 | 8 |
| 266 | Gary Klein | 2 | 13 |
| 267 | Chris Acito CEO, Gapstow Capital Partners | 2 | 17 |
| 268 | Dan Egan VP of Behavioral Finance & Investing, Betterment | 2 | 24 |
| 269 | Scott Kleinman Co-President, Apollo Asset Management | 1.98 | 46 |
| 270 | Michael Mauboussin Head of Consilient Research, Counterpoint Global | 1.98 | 120 |
| 271 | John Graham President & CEO, CPP Investments | 1.97 | 35 |
| 272 | Rodrigo Bitar Co-founder & Managing Partner, 3B1 Partners | 1.97 | 36 |
| 273 | Ricky Sandler Founder, CEO & CIO, Eminence Capital | 1.97 | 29 |
| 274 | Anthony Scaramucci Founder & Managing Partner, SkyBridge Capital | 1.97 | 38 |
| 275 | Kipp deVeer Co-President, Ares Management Corporation | 1.96 | 46 |
| 276 | Bill Orem Partner, Capricorn Investment Group | 1.96 | 28 |
| 277 | David Baran Co-Founder and Co-CEO, Symphony Financial Partners | 1.96 | 24 |
| 278 | Dawn Fitzpatrick CEO & CIO, Soros Fund Management | 1.96 | 26 |
| 279 | Michael Ovitz Chairman, Treville Capital Group | 1.95 | 19 |
| 280 | Brad Jacobs Chairman & CEO, QXO, Inc. | 1.95 | 21 |
| 281 | Kristian Fok CEO, Cbus Super | 1.95 | 19 |
| 282 | Mike Kelly Co-President & CIO, Future Standard | 1.94 | 32 |
| 283 | Dave Thornton Co-Founder and CEO, Vested | 1.94 | 17 |
| 284 | Rick Heitzman | 1.94 | 31 |
| 285 | Christopher Zook Founder, Chairman & CIO, CAZ Investments | 1.94 | 18 |
| 286 | Jim Dunn CEO, Verger Capital Management | 1.94 | 31 |
| 287 | Herb Wagner Managing Partner & Founder, Finepoint Capital | 1.93 | 27 |
| 288 | Jennifer Prosek Founder & Managing Partner, Prosek Partners | 1.93 | 58 |
| 289 | Marc Lasry Chairman & CEO, Avenue Capital Group | 1.93 | 29 |
| 290 | Tom Majewski Founder & Managing Partner, Eagle Point Credit Management | 1.93 | 27 |
| 291 | Bill Trenchard Partner, First Round Capital | 1.93 | 15 |
| 292 | John Brolin | 1.93 | 14 |
| 293 | Daniel Adamson Co-Founder and Co-CEO, Collective Global | 1.93 | 15 |
| 294 | Tom Bushey Founder and CIO, Sunderland Capital Partners | 1.93 | 15 |
| 295 | Yann Robard | 1.92 | 13 |
| 296 | Richard Lawrence Founder & Executive Chairman, Overlook Investments Group | 1.92 | 51 |
| 297 | Andrew Tsai | 1.92 | 24 |
| 298 | Kristin Kolurgis-Roland Global Head of Alternative Investments, J.P. Morgan | 1.91 | 33 |
| 299 | John Toomey CEO, HarbourVest Partners | 1.91 | 57 |
| 300 | Steve Moseley Managing Director and Co-Head, Wafra | 1.91 | 23 |
| 301 | Shane Parrish Founder and CEO, Farnam Street | 1.91 | 32 |
| 302 | Matthew Granade | 1.91 | 22 |
| 303 | Lauren Taylor Wolfe Co-Founder and Managing Partner, Impactive Capital | 1.91 | 22 |
| 304 | Matthew Dicks Storyteller & Author, Storyworthy | 1.9 | 29 |
| 305 | Shannon O'Leary Chief Investment Officer, Saint Paul & Minnesota Foundation | 1.9 | 42 |
| 306 | Rob Small Managing Director, Berkshire Partners | 1.9 | 20 |
| 307 | Chatri Sityodtong Founder, Chairman & CEO, ONE Championship | 1.9 | 20 |
| 308 | Jonathan Wang Founder & CEO, EOS Investors | 1.89 | 19 |
| 309 | David Breach President, Vista Equity Partners | 1.89 | 18 |
| 310 | Ron Biscardi Co-Founder and CEO, iConnections | 1.89 | 28 |
| 311 | Carla Harris Senior Client Advisor, Morgan Stanley | 1.89 | 9 |
| 312 | Ellen Ellison CIO, HICO Ventures | 1.89 | 19 |
| 313 | Wylie Fernyhough Vice President, Bonaccord Capital Partners | 1.89 | 18 |
| 314 | Seth Ginns CIO, Franklin Crypto, Franklin Templeton | 1.89 | 27 |
| 315 | Steve Nelson Principal and Director of Consulting, Prime Buchholz | 1.89 | 9 |
| 316 | Matt Whineray Chair, FirstCape Group | 1.89 | 47 |
| 317 | David "Bull" Gurfein CEO, United American Patriots | 1.89 | 18 |
| 318 | Ryan Lovell | 1.88 | 8 |
| 319 | Brendan O'Connor CEO & Managing Director, Regal Partners | 1.88 | 17 |
| 320 | Bob Oros President, PPB Capital Partners | 1.88 | 16 |
| 321 | Michael Leffell Founder & Chairman, 10 East | 1.88 | 17 |
| 322 | John Jackson | 1.88 | 8 |
| 323 | Gregg Lemkau Co-CEO, BDT & MSD Partners | 1.88 | 34 |
| 324 | Jared Tingle | 1.88 | 8 |
| 325 | Doug Phillips Former CIO, University of Rochester | 1.88 | 26 |
| 326 | Jeffrey Solomon Special Advisor and Vice Chair, TD Bank U.S. | 1.88 | 24 |
| 327 | Jim Williams Former CIO & Treasurer, J. Paul Getty Trust | 1.88 | 25 |
| 328 | Sloan Payne COO and Partner, WCM Investment Management | 1.87 | 15 |
| 329 | Greg Dowling CIO & Head of Research, FEG | 1.87 | 23 |
| 330 | Jamie Montgomery Co-Founder and Managing Partner, March Capital | 1.87 | 15 |
| 331 | Michael Carmen | 1.86 | 14 |
| 332 | Tony Yoseloff Managing Partner & CIO, Davidson Kempner Capital Management | 1.86 | 35 |
| 333 | Aaron Sack Head, Morgan Stanley Capital Partners | 1.86 | 14 |
| 334 | Alan Jean-Baptiste Co-Founder and General Partner, Ansa Capital | 1.86 | 7 |
| 335 | Jason Klein | 1.86 | 21 |
| 336 | Sean O'Sullivan | 1.86 | 14 |
| 337 | Rashmi Kwatra | 1.86 | 14 |
| 338 | Linda Xie Co-Founder & Managing Director, Scalar Capital | 1.86 | 14 |
| 339 | Gregory Zuckerman Special Writer, The Wall Street Journal | 1.86 | 35 |
| 340 | Steve Galbraith Managing Member, Kindred Capital Advisors | 1.86 | 50 |
| 341 | Lauren Hochfelder | 1.85 | 26 |
| 342 | Jon Glidden Chief Investment Officer, Delta Air Lines | 1.85 | 20 |
| 343 | Brett Barakett Founder & CIO, Tremblant Capital | 1.85 | 33 |
| 344 | Brian Christensen Executive Managing Director, Sands Capital | 1.85 | 34 |
| 345 | Beezer Clarkson Managing Director, LGT Capital Partners | 1.85 | 27 |
| 346 | Annie Lamont Co-Founder and Managing Partner, Oak HC/FT | 1.85 | 27 |
| 347 | Katy Milkman Professor, The Wharton School | 1.85 | 13 |
| 348 | Paula Volent Senior Advisor, The Rockefeller University | 1.84 | 19 |
| 349 | Florian Bartunek Founding Partner & CIO, Constellation Asset Management | 1.84 | 25 |
| 350 | Doug Ostrover Co-CEO and Chairman, Blue Owl Capital | 1.84 | 19 |
| 351 | David Rubenstein Co-Founder and Co-Chairman, The Carlyle Group | 1.84 | 19 |
| 352 | Will Guidara Founder, Thank You | 1.83 | 18 |
| 353 | Katelin Holloway Founding Partner, Seven Seven Six | 1.83 | 18 |
| 354 | Elisa Maul Chief Investment Officer, DFO Management | 1.83 | 6 |
| 355 | Tilly Franklin CEO & CIO, Cambridge Investment Management | 1.83 | 30 |
| 356 | Matt Breitfelder Global Head of Human Capital, Apollo | 1.83 | 29 |
| 357 | Jon Ballis Chairman, Executive Committee, Kirkland & Ellis | 1.83 | 18 |
| 358 | Larry Kochard Senior Advisor, Makena Capital Management | 1.83 | 42 |
| 359 | Steve Papa Founder, CEO & Chairman, Parallel Wireless | 1.83 | 30 |
| 360 | Doc O'Connor Co-founder and Managing Partner, Arctos Partners | 1.83 | 12 |
| 361 | Mathieu Chabran Co-Founder, Tikehau Capital | 1.83 | 24 |
| 362 | Liqian Ma Partner, Cambridge Associates | 1.83 | 18 |
| 363 | David Barrett Founder & CEO, Expensify | 1.83 | 12 |
| 364 | John Connaughton Chair, Bain Capital | 1.82 | 44 |
| 365 | Charles Duhigg Contributing Writer, The New Yorker | 1.82 | 17 |
| 366 | Anne-Marie Fink CIO, Private Markets & Funds Alpha, SWIB | 1.82 | 40 |
| 367 | Chas Cocke Founder and CIO, LB Partners | 1.82 | 28 |
| 368 | Sandra Robertson CEO, Oxford University Endowment Management | 1.82 | 22 |
| 369 | Jay Girotto Founder & President, Farmland Opportunity | 1.82 | 28 |
| 370 | Rodney Comegys CIO, Vanguard Capital Management | 1.81 | 21 |
| 371 | Jack Kokko Co-Founder and CEO, AlphaSense | 1.81 | 16 |
| 372 | Tim McCusker President, NEPC | 1.81 | 52 |
| 373 | Sarah Samuels Partner and CIO, NEPC | 1.81 | 59 |
| 374 | Bruce Ou Managing Partner, GroveStreet | 1.81 | 26 |
| 375 | Hugh MacArthur Chairman, Global Private Equity, Bain & Company | 1.8 | 25 |
| 376 | Marlene Puffer Chair, Canadian Taxonomy and Transition Planning Council | 1.8 | 35 |
| 377 | Michael Levy CEO, Crow Holdings | 1.79 | 14 |
| 378 | Greg Lippmann Co-Founder and CIO, LibreMax Capital | 1.79 | 24 |
| 379 | David Blood Senior Partner, Generation Investment Management | 1.79 | 19 |
| 380 | Luis Laboy Director of Public Equity, Hewlett Foundation | 1.78 | 18 |
| 381 | Eric Mogelof Head of Global Client Solutions, KKR | 1.78 | 37 |
| 382 | Rob Hale Co-CEO and Partner, ValueAct Capital | 1.78 | 9 |
| 383 | Dan Tannenbaum Managing Partner, India Capital | 1.78 | 37 |
| 384 | Mike Freno Chairman and CEO, Barings | 1.78 | 18 |
| 385 | Frank Brosens Co-Founder and Chairman, Taconic Capital Advisors | 1.78 | 18 |
| 386 | Geoffrey Rubin Senior Managing Director, CPP Investments | 1.78 | 23 |
| 387 | Todd Boehly Co-founder, Chairman & CEO, Eldridge Industries | 1.78 | 23 |
| 388 | Mark Johnson | 1.78 | 9 |
| 389 | Rick Selvala Founder & CEO, Visdom Investment Group | 1.78 | 23 |
| 390 | Daniel Mahr Head of MDT Group, Federated Hermes | 1.77 | 26 |
| 391 | Brent Montgomery | 1.77 | 22 |
| 392 | Mike Gitlin President & CEO, Capital Group | 1.76 | 29 |
| 393 | Nigel Dawn Global Head of Private Capital Advisory, Evercore | 1.76 | 29 |
| 394 | Marshall Boyd Co-President and CIO, Interstate Equities Corporation | 1.76 | 21 |
| 395 | Tom Lenehan Managing Director, Euclidean Capital | 1.76 | 50 |
| 396 | Michael Batnick Managing Partner, Ritholtz Wealth Management | 1.76 | 17 |
| 397 | Melanie Pickett Chief Transformation Officer, Northern Trust | 1.75 | 20 |
| 398 | Diogo Monica Co-Founder & Executive Chairman, Anchorage Digital | 1.75 | 16 |
| 399 | Marco De Morales Co-Founder and General Partner, Ansa Capital | 1.75 | 12 |
| 400 | Chuck Davis Co-CEO, Stone Point Capital | 1.75 | 20 |
| 401 | Martin Whittaker CEO, JUST Capital | 1.75 | 12 |
| 402 | Margaret Chen | 1.75 | 8 |
| 403 | John Khoury Founder & Managing Partner, Long Pond Capital | 1.74 | 38 |
| 404 | Todd Simkin Associate Director, Susquehanna International Group | 1.74 | 27 |
| 405 | Katie Hall Founder and Co-Executive Chair, Galvanize Climate Solutions | 1.74 | 19 |
| 406 | Jenny Heller | 1.74 | 46 |
| 407 | Tali Sharot Professor of Cognitive Neuroscience, UCL | 1.74 | 23 |
| 408 | Anthony Pompliano Founder & CEO, Professional Capital Management | 1.73 | 15 |
| 409 | Greg Fleming CEO, Rockefeller Capital Management | 1.73 | 15 |
| 410 | Jon Wertheim Executive Editor, Sports Illustrated | 1.73 | 15 |
| 411 | Ron Cantowitz Head of Private Debt, Invesco | 1.72 | 18 |
| 412 | Jon Madorsky Managing Partner, RCP Advisors | 1.72 | 25 |
| 413 | Jen Birmingham Managing Director, PRINCO | 1.72 | 25 |
| 414 | Eric Brooks Founder and Managing Partner, Ethos Capital | 1.71 | 28 |
| 415 | Derek Drummond Head of Funds Alpha, SWIB | 1.71 | 7 |
| 416 | Matt Spielman Founder and CEO, Inflection Point Partners | 1.71 | 28 |
| 417 | Matt Brown Founder & CEO, CAIS | 1.71 | 28 |
| 418 | Hamish Corlett Co-Founder and Partner, TDM Growth Partners | 1.71 | 17 |
| 419 | Jeff Hausenbold CEO, Beast Industries | 1.71 | 17 |
| 420 | Tony Caruso Managing Director of Hedge Funds, UTIMCO | 1.7 | 10 |
| 421 | Matt Perelman Co-Founder and Managing Partner, Garnett Station Partners | 1.7 | 20 |
| 422 | Alex Sloane Co-Founder and Managing Partner, Garnett Station Partners | 1.7 | 10 |
| 423 | Simon Krinsky Regional Executive Managing Director, Pathstone | 1.7 | 10 |
| 424 | Thomas Haugaard Portfolio Manager, Janus Henderson Investors | 1.7 | 20 |
| 425 | Robert F. Smith Founder, Chairman & CEO, Vista Equity Partners | 1.7 | 27 |
| 426 | Tom Russo Managing Member and Chairman, Gardner Russo & Quinn | 1.7 | 66 |
| 427 | Jose Feliciano Co-Founder and Managing Partner, Clearlake Capital Group | 1.69 | 29 |
| 428 | Pete Stavros Co-Head of Global Private Equity, KKR | 1.69 | 36 |
| 429 | Mike Mauze Managing Partner & Co-Founder, VMG Partners | 1.69 | 29 |
| 430 | Joe Lonsdale Founder & Managing Partner, 8VC | 1.69 | 16 |
| 431 | Chris Brockmeyer Director of Employee Benefit Funds, Broadway League | 1.69 | 13 |
| 432 | Jay McLean Managing Director and CIO, Lime Rock Partners | 1.68 | 19 |
| 433 | Colin Campbell | 1.68 | 25 |
| 434 | Jan Garfinkel Founder and Managing Partner, Arboretum Ventures | 1.68 | 19 |
| 435 | Robert Bukai Founder & CIO, Newbrook Capital Advisors | 1.67 | 15 |
| 436 | John Reynolds Co-founder and Managing Director, Lime Rock Partners | 1.67 | 6 |
| 437 | Magnus Grimeland Founder & CEO, Antler | 1.67 | 21 |
| 438 | Dmitry Balyasny Founder & CIO, Balyasny Asset Management | 1.67 | 54 |
| 439 | Kelsey Chase Co-Founder & President, Aumni | 1.67 | 9 |
| 440 | Brian Higgins Founder & CIO, King Street Capital Management | 1.67 | 15 |
| 441 | Sulaiman Alderbas Head of Alternative Investments, PIFSS | 1.67 | 21 |
| 442 | Dan Schorr Founder & Chief Ice Cream Officer, Vice Cream | 1.67 | 15 |
| 443 | Chris Heller Co-Managing Partner, Cordillera Investment Partners | 1.65 | 43 |
| 444 | Anil Seetharam Managing Director, Berkshire Partners | 1.65 | 17 |
| 445 | Chad Hutchinson Partner, Arctos Partners | 1.65 | 20 |
| 446 | Kiyan Zandiyeh CEO & CIO, Sturgeon Capital | 1.65 | 23 |
| 447 | Brian Philpot President and CEO, AgAmerica | 1.65 | 23 |
| 448 | Virginie Morgon Founding & Managing Partner, Ardabelle Capital | 1.65 | 17 |
| 449 | Alex Rodriguez Chairman & CEO, A-Rod Corp | 1.64 | 22 |
| 450 | Carrie Thome | 1.64 | 14 |
| 451 | Ted Martell Co-Founder and Managing Partner, Maverick Real Estate Partners | 1.63 | 27 |
| 452 | Reade Griffith Co-Founder and CIO, Tetragon Financial Group | 1.63 | 27 |
| 453 | Joshua Fenton | 1.62 | 13 |
| 454 | Chad Summe Founding and Managing Partner, eGateway Capital | 1.62 | 16 |
| 455 | Colin Smith Managing Partner, All Africa Partners | 1.62 | 21 |
| 456 | Colette Chilton Former Chief Investment Officer, Williams College | 1.62 | 29 |
| 457 | James Clark Global Head of Institutional Capital, Blue Owl | 1.61 | 18 |
| 458 | John Matthews Head of Private Wealth Management Americas, UBS | 1.61 | 18 |
| 459 | Will Cook Founder and Portfolio Manager, Sunriver Management | 1.61 | 23 |
| 460 | Dr. Charles (Sarel) Vorster Neurosurgeon, Cleveland Clinic | 1.61 | 18 |
| 461 | Larry Mestel Founder and CEO, Primary Wave Music | 1.6 | 15 |
| 462 | Tim Lyne CEO, Antares Capital | 1.59 | 17 |
| 463 | Farouk Miah Co-founder & Investment Manager, All Africa Partners | 1.59 | 17 |
| 464 | Michael Sidgmore Partner and Co-Founder, Broadhaven Ventures | 1.58 | 26 |
| 465 | Jim Falbe Founder and Portfolio Manager, Saguaro Capital Management | 1.58 | 33 |
| 466 | Jack Somers Co-Founder and Executive Chair, Income Research + Management | 1.58 | 12 |
| 467 | Tom Lydon President & CEO, Global Trends Investments | 1.58 | 26 |
| 468 | Josh Kopowitz Founder & Managing Partner, Thayer Street Partners | 1.57 | 23 |
| 469 | Alan Forman Founder, Blue Orchard Capital | 1.57 | 30 |
| 470 | Nikhil Basu Trivedi Co-Founder & General Partner, Footwork | 1.57 | 7 |
| 471 | Alexis Ohanian Founder & General Partner, Seven Seven Six | 1.55 | 20 |
| 472 | Eric Resnick Co-founder & CEO, KSL Capital Partners | 1.55 | 33 |
| 473 | Andy Lee Founder & CIO, Parallaxes Capital | 1.55 | 22 |
| 474 | Mario Therrien | 1.55 | 20 |
| 475 | James Clear Author and Writer, JamesClear.com | 1.55 | 42 |
| 476 | Paul Rabil Co-Founder and President, Premier Lacrosse League | 1.55 | 11 |
| 477 | Michelle Knudsen Portfolio Manager, Longview Asset Management | 1.54 | 24 |
| 478 | Josh Steiner | 1.54 | 13 |
| 479 | Ravi Viswanathan Founder & Managing Partner, NewView Capital | 1.54 | 26 |
| 480 | Aydin Senkut Founder & Managing Partner, Felicis | 1.54 | 13 |
| 481 | Wayne Wicker | 1.54 | 13 |
| 482 | Sonya Sawtell-Rickson Chief Investment Officer, HESTA | 1.53 | 36 |
| 483 | Frank Danieli Head of Global Credit Solutions, MA Financial Group | 1.52 | 31 |
| 484 | Marcia Page Founder & CEO, MPowered Capital | 1.52 | 27 |
| 485 | Abigail Wattley Chief Investment Officer, Williams College | 1.5 | 20 |
| 486 | James Breuer Co-Founder and President, Newbrook Capital Properties | 1.5 | 18 |
| 487 | Shiloh Bates Chief Investment Officer, Flat Rock Global | 1.5 | 14 |
| 488 | David Abrams | 1.5 | 8 |
| 489 | Mike Smith Co-Founder and General Partner, Footwork | 1.5 | 6 |
| 490 | Jean Hynes CEO & Managing Partner, Wellington Management | 1.48 | 40 |
| 491 | Clark Futch Chairman & CEO, HealthCare Royalty Partners | 1.47 | 17 |
| 492 | Manny Citron Managing Partner, SDCL Private Equity | 1.43 | 14 |
| 493 | Alex Behring Co-Managing Partner, 3G Capital | 1.41 | 17 |
| 494 | Andy Acker Portfolio Manager, Janus Henderson Investors | 1.41 | 17 |
| 495 | Ross Israel Head of Global Infrastructure, QIC | 1.41 | 17 |
| 496 | Adam Karr President and Portfolio Manager, Orbis Investments | 1.38 | 21 |
| 497 | Rob Michalik Co-founder and Managing Director, Kinderhook Industries | 1.35 | 17 |
| 498 | Daniel Schwartz Co-Managing Partner, 3G Capital | 1.33 | 12 |
| 499 | Chris Gordon Global Head of Private Equity, Bain Capital | 1.28 | 25 |
| 500 | Joel Holsinger Co-Head of Alternative Credit, Ares Management | 1.2 | 5 |
| 501 | Katie O'Reilly Partner, Prosek Partners | 1.2 | 5 |
Companies
The most bearish calls
Debate potential is an AI score of how much a statement invites disagreement. Bearish counts tally what was said about a company on the show; they describe the conversation, not the company. Every count opens to the exact tape. full disclaimer →
All 584 companies, funds and products with at least one bearish claim on the record.
Highest debate potential, by year
2026
2025
Green: VCs holding stock in 2021 cost LPs hundreds of billions
“I think the amount of money that private equity Growth equity, venture firms cost their investors by not selling in mid to late 21 is in the tens, if not hundreds of billions of dollars.”
Howard Marks: SEC doesn't scrutinize private credit valuations and LPs prefer it
“And by the way, the SEC doesn't look at these things, because these are private investments, so they don't require accuracy. And the investors in the fund are mostly happy without accuracy, because as I said, they don't have to report problems to their higher …”
2024
The private capital secondary market will reach $1 trillion by 2031
“I'm on the record for saying that the secondary market is going to get to a trillion dollars by 2031. Whenever I say that, the first reaction is, you're crazy. And I've heard that a few times, I guess, in my career. But I have a deep conviction around this pre…”
Sandler: Wall Street establishment targeted Milken after Drexel enabled hostile takeovers
“So Mike was an attractive target because he really wasn't liked by a lot of people in the business round table and in the established firms. He was getting a lot of publicity. He was very successful. And so people complained to the SEC, they complained to Cong…”
2023
Daniel: Multi-managers like Citadel are new shadow banks relying on Fed bailouts
“So I really, truly believe that they are the new shadow banking system, that whenever something goes awry, there's a reason why Millennium hired who they hired, why Citadel hired who they hired, to make sure that when the calamity occurs, they call the Fed for…”
Douvos: Opportunity funds are a sneaky workaround to LP fund-size limits
“Now we've just started calling them opportunity funds, which by the way is just a sneaky way around the issue of my LPs don't want me to get too big. So I'll leave my core fund the same size, but I'll raise this opportunity fund.”
2022
Gave: Europe's Energy Policy May Have Emboldened Russia's Invasion
“I think if Europe hadn't followed such a boneheaded energy policy, perhaps Russia wouldn't have invaded Ukraine.”
AngelList's high-volume seed indexing strategy functions like buying lottery tickets
“Portfolio construction is an underappreciated yet important art, but a lot of the new entrants just want to buy lottery tickets, and then you, everybody bows at the altar of power law, and you've got AngelList putting out reports saying the secret is to invest…”
2021
2020
Walthour: NJ Director said State Investment Council opposed minority-owned firms
“And McDonough says to me, Jake, the SIC is not a fan of investing in minority owned firms.”
Peters: Private equity is done and managers will emerge looking terrible
“This is the kind of thing that may make me look foolish. I think private equity is done. I think that it will always be an investment style like it has for over the course of my career. It was just LBO investing when I started, I guess now it's private equity,…”
2019
Divestment Fails to Bring About Social Change
“We have proven time and again for the last 20 years that divestment does not bring about any social change, and people have to realize boycotts are generally ineffective unless you can get everybody Involved in them.”
Moodgal: Only Allocate to Managers Who Have Survived a Fund Blowup
“And for me, post-crisis, I will say to everyone, only invest with someone who's blown up or been at a firm that's blown up. Because unless they've been through a tough time, you won't know how they're going to handle it, how they're going to treat their invest…”
2018
Schwimer Claims MLBPA and Agents Oppose BLA Because They Ignore Minor Leaguers
“The MLBPA looks at is players just lost ten million dollars because they don't care. About the minor leaguers. And to see the amount of pushback we're getting from them and from agents that obviously don't care about their players and care more about them keep…”
Hamed: Bitcoin has the worst tech in index but unbeatable network effects
“Bitcoin's probably the worst technology of the ones in the index. It's probably slower, more expensive, but it's got stain power, and people trust it, and it's hit some level of network effect that would be very, very difficult to overcome.”