Ukraine

“The first scenario, just to be clear, is I think what the market is pricing right now, with market action being where it is.”

“Only about 25, 30% of Russians would want to be in a single state. And vast majority of Russians, 80%, according to some of the polls I've seen, expected there not to be a war.”

“This idea that they're going to impose some sort of regime change, that's like straight out of a fantasy book that somebody read to Putin when he falls asleep. It makes no sense.”

“It seems a growing number of investors realize the seriousness of the situation we face today, and the desire of minimizing their maximum regret over getting this Ukraine situation wrong. And that is starting to impact asset prices far beyond energy and commod…”

“Given the response of the Western allies and NATO to Ukraine and to Russia, perhaps that has maybe changed the calculus a bit as it relates to what's going on in Taiwan.”

“And I would say that the sanctions that Russia has been hit by, the struggle that their army has had, if anything, it really highlights to Xi Jinping that the risks are really pretty big. It'd be a hell of a dice to roll to go ahead with this. So in that respe…”

“I think if Europe hadn't followed such a boneheaded energy policy, perhaps Russia wouldn't have invaded Ukraine.”

“When the story's written about Ukraine, especially on drones and AI and open source data, It's really going to be a game changer and a real inflection point in these industries.”