opmpod

A finance podcast about investing, markets, and the big things that are affecting my, your, and other people's money. New episodes weekly.

[Max Wiethe @maxwiethe]

"I think the semiconductor cycle will roll over towards the end of the year or early next year, but I think we have the euphoric part of ahead of us before we get to that part." - @AndreasSteno

Do you feel the euphoria?

Full episode of @opmpod:

YouTube: https://t.co/tjHhSfJqX8
Apple: https://t.co/1rmM0LmSp1
Spotify: https://t.co/VnH7hNbNzJ

[Max Wiethe @maxwiethe]

AI driven unemployment is a bigger risk to real estate investors than higher interest rates.

That's what Tom Shapiro, Founder & CIO of GTIS Partners, argues in his @opmpod interview.

Despite rising risks, there is still plenty of opportunity and AI is actually driving some of it. We discussed:

Why San Francisco is a BUY: While everyone ran away, GTIS has been scooping up apartment buildings in SF. Tom reveals how the AI boom is creating massive demand.

The Sun Belt Danger Zone: Think Austin and Nashville are still unstoppable? Tom explains why these "hot" markets are currently decimated by oversupply, with developers forced to offer up months of free rent.

The Silent Boom in Industrial: GTIS is also betting big on logistics warehouses. Discover why they have eight to ten active development projects to capitalize on the reshoring trend in America.

Vai Brazil: Tom and GTIS have been big investors in Brazilian office and hotels for decades and they are continuing to see growth in LATAM.

Watch the full interview on YouTube: https://t.co/FxLBo4A7H8

[Max Wiethe @maxwiethe]

The private credit problem is really an allocation problem. Too much money concentrated in the hands of managers chasing the same deals.

I spoke with Thomas Lloyd-Jones, CIO of Zenzic Capital about this concentration and why tourist investors are conflating direct lending and real estate private credit.

We also discussed how nascent the European market is with ~80% of RE deals being back originated compared to ~20% in the US.

That is changing though with many banks starting to pull back as Basel III regulation is requiring them to hold more collateral against RE loans making it less attractive.

Check out the full interview 👇
https://t.co/GMjxVTGACI

[Max Wiethe @maxwiethe]

"The best day to sell SpaceX is on Day 9" @MunchingMoez on fading NASDAQ inclusion

YouTube: https://t.co/GMjjm8qxqB
Spotify: https://t.co/j8dNrNOjhH
Apple: https://t.co/WeOnrJTJDz

[Max Wiethe @maxwiethe]

Is your portfolio focused on the "Main Thing"?

Kieran Cavanna, founder and CIO of Old Farm Partners and former head of external managers at Soros Fund Management, joins @opmpod to discuss his high-conviction approach to thematic investing.

YouTube: https://t.co/Xmk9S5uiSm
Apple: https://t.co/bNl3AxeGXR
Spotify: https://t.co/kbqROuiQWN

[Max Wiethe @maxwiethe]

Worried about energy driven stagflation? @AvoryCo founder @_SeanDavid isn't. On the latest @opmpod, he argues...

1) The consumer is stronger than you think
2) The stagflation narrative is fundamentally flawed

Plus, hear how he aligns his macro views with fundamental bottom up analysis and high-conviction tech and consumer bets like $XYZ, $ZM, and $Z.

Watch or listen wherever you get your podcasts👇
YouTube: https://t.co/bxal7huA3I
Spotify: https://t.co/WN3TEEOsjG
Apple: https://t.co/C1lj2xa4Qf

[Max Wiethe @maxwiethe]

EMs are finally outperforming DMs...

Check out my @opmpod interview with @GramercyRK on the drivers, including inflation and central bank policy

Watch on👇
YouTube: https://t.co/HxoR4r6jp6
Spotify: https://t.co/1Irurx76P7
Apple: https://t.co/UEqXa4TLOC

[Bayman11771 @Bayman11771]

This episode is so good. Not necessarily encouraging, but incredibly informative. Well done @opmpod.

https://t.co/S4OiQl8O1u

[Max Wiethe @maxwiethe]

Special @opmpod recorded today after the post from Trump with Nadia from Svelland Capital.

They specialize in commodity & shipping markets. As podcasters like to say, the perfect guest.

YT: https://t.co/BvtVa2eaFb
Apple: https://t.co/Y0osgi5Qq8
Spot: https://t.co/nz0ke88Wzt

[Max Wiethe @maxwiethe]

Global nitrogen production is hurting due to loss of LNG exports from the Gulf.

But how are farmers reacting? @LandFundLP on forward contracting and crop switching.

@opmpod 👇

Apple: https://t.co/qOnIMT9MyM
Spotify: https://t.co/eDk8B5WcNK
YouTube: https://t.co/6yOWoSvB2A

[Max Wiethe @maxwiethe]

1/ Is farmland the ultimate hard asset?🚜

Chris Morris of @LandFundLP explains why. We discuss:

📈 Beating the S&P 500 & low correlation to stocks.
💰 The Mid-South vs Midwest valuation gap.
💧 The hidden 300-year water supply underneath it all. 🤖 How AI data centers and solar are driving up values

Watch the full @opmpod👇
00:00 Intro
00:40 Teucrium SOYB
01:00 Investing in Farmland
04:26 Diversification and Correlation
06:07 Real Assets and New Macro Risks
09:13 Scarcity and Water Thesis
10:48 Protein Demand Multiplier
12:45 How Farmland Returns Work
15:00 AI and Renewable Energy
15:41 Teucrium SOYB
17:02 Community Impact and Ethics
20:21 Who Buys Farmland?
22:47 Why the Mid-South
26:33 Valuation Gap Explained
28:25 Water Rights and Water Scarcity
35:06 Solar Leases Beat Crops
39:23 AI Boosts Farm Profits
42:22 Regenerative Farming and the Three Fs
44:35 Iran Conflict Inputs and Crops
48:26 Subsidies and Rent Security
54:02 Fund Focus and Growth Plans
57:30 Conclusion

[Noel Smith @NoelSmith]

Morning hike listening to @opmpod @maxwiethe @JackFarley96 on tokenized assets.

[Tenva Capital @TenvaCapital]

A super candid and enjoyable listen with @1MainCapital on @opmpod.

Highly recommend.

https://t.co/6FmEyfdC4z

[Max Wiethe @maxwiethe]

But what does crypto do in the real world?

Increasingly the answer is tokenized funds, from money market to private credit.

@MaredithH1 from @WisdomTreeFunds tells @opmpod

YouTube https://t.co/cYxNcDfygi
Spotify https://t.co/8wmUcyLhZU
Apple https://t.co/MbcINXF8Ll

[Max Wiethe @maxwiethe]

Check out this week's @opmpod with @CAIA_SNovakovic from @CAIAAssociation.

TPA is a major shift for allocators being led by CalPERs

✅More tactical
✅Investment staff driven decision making
✅Less board involvement

YouTube: https://t.co/5Jycq31von
Apple: https://t.co/MHnzfmZhXn
Spotify: https://t.co/i5Jo9Aretx

[Max Wiethe @maxwiethe]

Alt data that was alpha can quickly become beta. It's not what buyers want, but it is exactly what vendors want to happen.

@obermattj from @SocialLeverage on @opmpod.

Full episode:
Apple: https://t.co/qd66BPr9Jh
Spotify: https://t.co/jXTzMReXqg
Youtube: https://t.co/h55gPKZ2ZB

[Max Wiethe @maxwiethe]

OUT NOW - @opmpod with @obermattj from @SocialLeverage on the evolving data economy:

-How data consumption is changing
-AI & new data business models
-When alpha becomes beta
-His journey from WorldQuant>Third Point>Social Leverage
-Prediction markets & the "Degenerate Economy"

[Monarq Asset Managment @monarq_mgmt]

The line between crypto funds & TradFi funds is disappearing.

Our Directional CIO @samg67 joined @maxwiethe on @opmpod to explain how infrastructure convergence is driving the next generation of funds to trade across digital assets, equities, & crypto-linked public markets.

[Paul Cerro @paulcerro]

Really enjoyed this podcast with @1MainCapital on @opmpod

Should add it to your list

https://t.co/G7oSzFQvjc

[Max Wiethe @maxwiethe]

Your benchmark is what allocators compare you to whether you like it or not. It isn't a choice.

In equities it's the S&P 500 and in crypto it's BTC.

@samg67 from @monarq_mgmt on @opmpod

Apple https://t.co/LTowvbo8hg
Spotify https://t.co/xNOYvAIF4h
YT https://t.co/450A9p91q5