Redleaf: Decentralized market allocation is dead in favor of state-directed capital
Andy Redleaf · Andy Redleaf - Evolution of Markets (Capital Allocators, EP.46) · Apr 2, 2018 · at 54:41
Andy Redleaf, founder of Whitebox Advisors, discusses the macro evolution of the global financial architecture away from free markets toward centralized allocation.
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“I think the very central idea that, you know, like sort of markets are better than markets, individuals better than institutions, et cetera. You know, I do, I think that's dead, and I think the world really wants institutional, wants to go back to sort of institutional capital allocation, government capital allocation, you know.”
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