141: Erik Townsend – Software Millionaire Fooled by ‘The Dream’ and Saved by Global Macro

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 6 September 2017

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

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Summary

Featuring on this episode is former software entrepreneur turned hedge fund manager, Erik Townsend. I’m sure some will already be quite familiar with Erik—in particular the macro investing crowd, as Erik also hosts the Macro Voices podcast. After selling his company in 1998, Erik made a few lifestyle and investing decisions which he soon began to question, but took ownership of his situation and the discovery of global macro set him sailing in a new direction… Major talking points we cross off, include; how Erik uses the concept of The Fourth Turning and major cycles to guide his macro outlook. And one possible scenario for the future of cryptocurrencies—I'm sure some of you won't like what you hear, but I think it's well worth listening to! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.8	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
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0:23.5	The process is simple.
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0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Chat with traders is also brought to you by the Chat with traders' community.
0:39.5	We'll keep this announcement short.
0:41.2	We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.
0:47.5	Thank you, and we wish you all the best in your trading journey.
0:51.2	Markets, speculation, and risk.
0:56.8	This is the Chat with traders' podcast hosted by Aaron Feifield.
1:01.2	Hey, what's up?
1:03.4	What's going on, everyone?
1:04.8	Now, this is the first intro I'm recording since getting back from Sydney last week.
1:12.4	So I'm back in Brisbane now after a very fairly short, but a very busy few days in Sydney.
1:20.4	Yes, so while I was down there, I hosted a live podcast, which you probably heard me hyping up on the past few episodes.
1:29.6	But anyway, that's all over and done with now, and I would like to give a big shout out to everyone who came along and attended.
1:38.2	The evening was a lot of fun.
	...

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