Larry McDonald
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it's about, I was on the deck of the Titanic and we're heading toward the iceberg.
You called it and said, hey, there's an iceberg ahead.
Well, that's one thing.
One thing, great mentors.
Mike Gelban saw this coming and he was like the star of the book.
He now founded Exodus Point, which is like an $8 billion fund.
Mike is my amazing guy, my former boss.
But, you know, I look at today and I just think, you know, that.
That volatility that looking back to 08 and looking back to today and looking at the potential for some type of large event is high now.
And so you want to have your assets, not so much in what we call financial assets.
So there's two things.
You could have your assets and financial assets, which are bonds.
and stocks.
Those are just paper certificates.
We think that there's a big dollar moment where dollar debasement is so prevalent around the world, country after country.
Now we're punching Iran upside the head.
We're going after Greenland.
We obviously went into Venezuela.
Both Republicans and Democrats have had this hubris
around kind of disrespecting global trading partners and global partners of all kinds, hitting Russia upside the head with property confiscation.