Manufacturing Renaissance in the US with Jack Dreifuss

Nick Rosenthal, Co-CEO of Griffin Capital shares his thoughts about the affordable housing crisis in the United States with a focus on the multifamily sector. The conversation includes the origin of the housing issue, challenges in single-family home production, the shift towards renting, and the impact of factors like increased home prices and stagnant wages. Nick discusses the current state of the multifamily market, the high number of deliveries in 2023 and 2024, challenges in the credit environment, and the importance of timing in real estate development. We talk about the Opportunity Zones program as a potential solution for tax mitigation and its benefits, including gain deferral, tax-free growth, and tax-free income generation while also touching on the pitfalls of OZs, emphasizing the need for due diligence in selecting projects and managers. The conversation wraps up with speculating how the Federal Reserve's role and the uncertainty surrounding future interest rate cuts factor in. 

RECORDED JAN 27, 2024

Welcome to the Dugout 2024. In this 15-minute segment Paul and Clint have a casual and semi off-the-cuff conversation about topics that range from Paul's upcoming visit to see Clint's Tar Heels play in the Dean Dome to their thoughts on “anyone under 80”. Conversation points include the Federal Reserve rate cuts, cash, employment, America’s spending, the S&P 500, the Magnificent Seven, cyclical fluctuation, playing the long game, old and new prognostications, pundits, and of course a dash of politics. 

RECORDED JANUARY 19, 2024

In this episode Nick Fusco, co-founder of ApeVue, talks about the dynamic world of private markets. From the rise of credit funds to the evolving landscape of equity valuations, Nick provides a unique perspective on the challenges and opportunities in this often-overlooked sector. Discover the significance of long-duration plays, the role of data on AI models, and the intriguing developments in fund finance. Gain insights into ApeVue’s index benchmarks and how they contribute to a holistic understanding of private market dynamics. Don't miss this conversation that explores the complexities of asset allocation in private markets and the challenges associated with accurately measuring volatility in the space. Is there a fat pitch in private markets? Listen and find out. 

RECORDED DEC 4, 2023

 Introducing the Dugout, a new segment of the podcast where hosts Paul and Clint go one-on-one and talk about what’s going on in the world. In this Dugout episode, Paul and Clint hit on inflation trends, the consumer's spending behavior, the potential impact of the Xi-Biden meeting, and deglobalization. The conversation also includes insights into the manufacturing renaissance, the importance of the CHIPS Act, and the potential for a rebirth of American manufacturing.

RECORDED NOV 15, 2023

Chris Nero, Founder and CEO of Bridgeport Financial Technology, brings 34 years of industry expertise to the show, where we discuss the financial markets evolution and the transition from public to private markets and the challenges and nuances of this shift.

We cover key aspects such as the importance of education in bridging the gap between public and private markets, the growth of accredited high net worth and ultra high net worth investors in private markets, and the role of additive–not disruptive–technology in facilitating this transition. We talk about  trends such as the popularity of private credit and the emergence of feeder structures to provide access to exclusive funds. We also highlight the significance of digitization and single source of truth and what that means for the industry in the long term. In our conversation, Chris emphasizes the importance of understanding the entire life cycle of private markets and private market investments and how it works as being critical in building a digital infrastructure that creates a seamless and transparent experience for advisors and clients alike.

RECORDED OCTOBER 27, 2023

Our guest is Chris Pavese, a Wall Street veteran and current President and Chief Investment Officer at Broyhill Asset Management. In this episode, we dive deep into the world of value investing.  We discuss whether the tech sector still holds value amidst the AI frenzy and how market dynamics have shifted since the late '90s. We address top-down vs. bottom-up strategies, navigating drawdowns in today's market, and uncovering investment opportunities beyond tech, including a unique take on the online music industry's valuation. Plus, we explore the impact of the ESG craze on stock markets, the fascinating story of tobacco stocks, and the energy industry's current landscape.

Don't miss our conversation and insight about catalyst-driven value in a market that has gotten bananas for growth.

RECORDED AUGUST 25, 2023

This week Jay Jackson, CEO of Abacus Life, joins us to discuss life insurance policies as an alternative asset class. Jay highlights the evolution of the industry, shedding light on the changes in regulation, growth, and the institutionalization of this market. Jay also explains the potential integration of lifespan data into financial planning and investment strategies, emphasizing that life insurance policies are assets with value, suggesting that it’s crucial for financial advisors and clients to be educated about the options available in this space.

The conversation touches on liquidity, returns, and the potential for creating customized investment solutions and an innovative approach to life insurance policies as a unique asset class. 

Is there a fat pitch here? Tune in and find out. 

RECORDED AUGUST 4, 2023

Join us for an insightful journey into the world of economics, finance, and policy as we explore the implications of current global events and trends. In this thought-provoking podcast, we delve into the nature of economic inequality, monetary policy, and the role of central banks. Our guest, Hugh Hendry, renowned economist and the Acid Capitalist, challenges prevailing notions about money printing and offers a fresh perspective on where economic challenges and opportunities truly lie. We discuss the potential for a sovereign wealth fund in the US, the impact of China's economic growth, and the intricate dynamics that shape our financial landscape.

Tune in to gain a deeper understanding of the forces shaping our economy and discover bold, innovative ideas for a more equitable and prosperous future.

RECORDED JULY 26, 2023

Alexander McCaig, Co-Founder & CEO of TARTLE discusses the transformative potential of data in the context of AI and society. McCaig shares his journey and insights into creating a technology that empowers individuals to take ownership of their data and use it as a valuable asset. 

The conversation delves into the historical significance of data and its evolution in the digital age. McCaig highlights the benefit of shifting from a coercive-based model (where data is used to drive people in their behaviors) to a needs-based model (where individuals are empowered to control and benefit from their own data). He also touches on the broader implications of data ownership and its potential to drive decentralization and democratization. What's the fat pitch in data? Tune in and find out.

RECORDED JUNE 30, 2023