Episode 37 of the NonProphets podcast in which Robert and Scott interview Colin Teichholtz, a partner and portfolio manager at global investment firm Pine River Capital about how he made money arbitraging used books in college and what makes someone good at identifying value in markets (0:41), whether people who trade with major investment firms are suckers (8:10), the value of financial advice (13:51), the advantages and disadvantages of risk parity funds (19:48), what drives changes in market volatility (23:08), what will happen if Congress doesn't raise the debt ceiling (37:03), why market volatility has been low recently (39:52),
why inflation hasn't been going up much in the US even though unemployment is low (43:49), whether productivity growth in the US has stalled (55:05), whether Mark Zuckerberg will run for president in 2020 (57:01), what it's like to work next to Trump Tower (59:06), and why he introduced Michael J. Fox to Anthony Scaramucci (1:05:49). As always, you may reach us at nonprophetspod.wordpress.com, or nonprophetspod@gmail.com. (recorded 8/3/2017)