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Panic with Friends - Ben Hunt of Epsilon Theory on Rational Optimism and Countering a Coordinated Attack On The Narrative of the United States

Panic with Friends – Investing for Profit and Joy

Ben Hunt of Epsilon Theory is back on Panic for a record-breaking sixth time! He may be the smartest guy I know, which is why I keep having him on. He’s just an explainer – the way he explains things very easily – and I like complex things explained simply. Ben is a former Professor, a beekeeper, and a market lover. He’s the co-founder and CIO of Epsilon Theory, where he writes outstanding essays about narratives in the market – backed up by data. I wanted to catch up with him to weigh in on my themes for the next 10 years in an American economy that has become a tale of the Rich, the Angry and the degenerates. There are a lot of narratives to talk about; Ben was incredibly accurate on inflation and the narrative we ignored. We also discuss the latest narrative around the death of the U.S. dollar. You’re really going to learn a lot. Enjoy!

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For more details on today’s conversation read on below…

Guest: Ben Hunt

Profile: Co-Founder and Partner at Second Foundation Partners, Founder/Author: Epsilon Theory

Where to Find Him: LinkedIn | Twitter

What is Ben Panicked About? The coordinated attack in narrative world on the United States.

Show Notes:

  • Introduction (00:42)

  • Welcome back Ben (07:05)

  • Gold as a metaphor for the economy (08:32)

  • GFC was different (09:49)

  • “Fiat” news (10:50)

  • Rational optimism (14:24)

  • The Peter Thiel Industrial Complex (18:19)

  • Rich Man, Angry Man, Degenerate Man Economy (23:07)

  • We’re treated as a cog in a powerful machine (27:09)

  • The inflation narrative (27:59)

  • The de-dollarization narrative (31:06)

  • Who’s Chamath? (35:36)

  • Internet trolls (37:37)

  • Generative AI (38:30)

  • Astroturf campaigns (40:25)

  • Why ‘they’ create chaos (41:27)

  • Ruthless pursuit of creativity (43:37)

  • European companies (45:59)

  • Time to get back to work (47:04)

  • Intersection of narratives and markets (48:38)

  • Wrapping up (52:08)

  • Closing thoughts (53:16)

Related:

© Panic with Friends, 2023. All rights reserved.

Host: Howard Lindzon | Producer: Knut Jensen | Researcher: Pete Weishaupt Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For full disclosures click h

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