Joining me on the latest episode of The Grant Williams Podcast is my great friend, David Hay, Co-CIO of Evergreen GaveKal and the author of the excellent Substack Haymaker.

Dave and I have known each other for the best part of fifteen years and have spent countless hours debating markets, testing hypotheses and helping each other understand and chart a course through increasingly difficult markets.

This time around, the matters at hand included the wisdom of Seth Klarman, the Not-So-Fabulous Four, the debate about a soft- or no-landing scenario, the US consumer, oil markets and so much more. As always, Dave’s perspective on the entire market spectrum was incredibly useful as we discussed commodities, homebuilder stocks, the places Dave is investing and even found time for a little Fourth Turning.

Definitely a conversation not to be missed.

Joining me on the podcast for this episode is Chris Joye, Founder and Chief Investment Officer of Coolabah Capital Investments in Sydney Australia, a multi-billion dollar long/short credit fund founded in 2011. I’ve been following Chris for a number of years and was delighted to finally get the chance to talk to hm and the […] This content is only available for active subscribers. Subscribe

Joining me on the latest episode of The Grant Williams Podcast is Marvin Barth – a man whose path through the financial maze has encompassed just about every facet of the industry. From the US Treasury, to the Federal Reserve, the BIS, the sell-side, the buy-side and now a proprietary independent research business, Marvin’s wealth […] This content is only available for active subscribers. Subscribe

Joining me in the latest episode of The Grant Williams Podcast is entrepreneur Richard O’Leary, President of Culture Tech, a fascinating project seeking to use technology to catalog and secure the rights of artists and creators in an increasingly fragmented and complex world.

Through his background as a senior marketing executive, Richard’s deep understanding of brand and IP helped him identify what is a multi-billion dollar gap in a world where content is being created in ever-more diverse media.

What role can Blockchain play in finding a potential solution to the problem of IP theft and how can technology secure the rights to artists’ work as human creativity continues to push new boundaries? Tune in and find out.

Joining me fr this episode of The Grant Williams Podcast is Tom Bachrach, CIO of PFH Capital, a value investing partnership in the Philadelphia area.

Several of Tom’s letters to his investors caught my eye in recent months and so I invited him onto the show to talk to me about how an investor looking for undervalued, sustainable businesses goes about navigating the new investment landscape – one of rising rates, falling inflation and ever-escalating madness.

Our conversation took numerous twists and turns from value investing to debt and, eventually, onto energy and each of those turns made for highly thought-provoking discussion.

Joining me in this episode of The Grant Williams Podcast is the Sydney-based CEO of Freelancer.com, Matt Barrie. Matt was recently invited to give the opening keynote at the Sydney Morning Herald’s Sydney 2050 Summit and, it’s safe to say that, once Matt left the stage 40 minutes later, the room had been stunned into silence.

The Australia Matt laid bare was a long way from the idyllic, sun-kissed ‘Lucky Country’ of popular consciousness and far more in keeping with the portrait painted in the pages of Things That Make You Go Hmmm… over the last several years so it was with great relish that I invited Matt onto the podcast to tell that same story and discuss the reaction to it.

There are links to the full text of Matt’s stellar speech and a video of his opening keynote in the transcript and I’d strongly urge listeners to either read or watch Matt’s speech in full. It is, as they say Down Under, a ripper!

Joining me in this episode of The Grant Williams Podcast is former Bank of England Deputy Governor and current senior fellow at the Harvard Center for European Studies, Sir Paul Tucker, who has just published his new book Global Discord: Values And Power in a Fractured World Order.

Paul and I discuss the origins of today’s bifurcated world, the role played in the growing disharmony surrounding us by the world’s central bankers and the potential dangers of a rising desire on the part of China to have a larger say in global affairs.

We also discuss Paul’s first book Unelected Power, which looked at the quest for central banking legitimacy as the regulatory state grows ever-larger in the shadows of multiple crises in what is a hugely engaging and highly illuminating conversation.

Returning to the podcast is Mike Rothman of Cornerstone Analytics, a 40 year veteran of the oil markets and a fearless observer of all things energy. In his last appearance, Mike’s no-holds-barred approach to his field of expertise was a big hit with listeners and this week, Mike returns to update his views on the […] This content is only available for active subscribers. Subscribe

Joining me in this episode of The Grant Williams Podcast is Matt Stoller, former Congressional staffer and author of Goliath: The 100-Year War Between Monopoly Power and Democracy and the excellent Substack BIG. Matt’s work on the threat posed by monopoly power is exceptional and, in this fascinating conversation we cover the challenges he’s faced […] This content is only available for active subscribers. Subscribe

Joining me on this edition of The Grant Williams Podcast is returning guest, Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, LLC in Dallas, TX. Danielle’s knowledge of the inner workings of the Federal Reserve has been invaluable both to her clients and the broader financial community in recent years and her analysis […] This content is only available for active subscribers. Subscribe

Author Raymond Baker joins me to discuss his new book, Invisible Trillions: How Financial Secrecy Is Imperiling Capitalism and Democracy and the Way to Renew Our Broken System.

Raymond is an American businessman, scholar, author, and authority on financial crime. He is the founder and president of Global Financial Integrity, a research and advocacy organization in Washington, DC working to curtail illicit financial flows.

After graduating Harvard Business School in 1960, Raymond’s career began in Nigeria where he was afforded a close-up look at how corruption can affect and impede both business and progress. After relocating back to the United States in the mid-1970s, Raymond continued doing business in Africa and Central and South America, gaining first-hand experience of how illicit capital flows were impacting the development of capitalism across the globe.

In 2005, Raymond’s first book, Capitalism’s Achilles Heel: Dirty Money and How to Renew the Free-Market System explored illicit capital flows, including a full exploration of their context and root causes and their financial impact on the world economy and his latest work updates the story in shocking fashion.

Author Brendan Ballou joins me to discuss his superb new book, Plunder: Private Equity’s Plan to Pillage America in the latest episode of The Grant Williams Podcast. After graduating Columbia and Stanford Law, Brendan served as a Federal prosecutor and Special Counsel for Private Equity in the Justice Department’s Antitrust Division, where his mandate was to investigate private equity’s influence on financial markets.

What he found shocked Brendan and moved him to write a book chronicling the outsize effect Private Equity has had in so much of American life over the last several decades.

From nursing homes to prison phone companies, Brendan details how private equity has reshaped American business by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. Forced to take on huge debts and pay extractive fees, companies purchased by private equity firms are often left bankrupt, or shells of their former selves, with consequences to communities that long depended on them.

Not only that, but Brendan explains how, with the backing of lobbyists and various arms of government itself, PE firms have availed themselves of powerful tailwinds as they’ve swallowed up large parts of corporate America.