It's very much a credit-focused investment mindset about not making mistakes, being sufficiently

diversified and putting together a robust portfolio that's going to generate income over time.

So there is a convergence there which we need to be aware of.

I think that's the right approach.

You're getting an extra element of diversification there as well.

Imagine spending an hour with the world's greatest traders.

Imagine learning from their experiences, their successes, and their failures.

Imagine no more.

Welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world,

so you can take your manager, due diligence, or investment career to the next level.

Before we begin today's conversation, remember to keep two things in mind.

All the discussion we'll have about investment performance is about the past, and past

performance does not guarantee or even infer anything about future performance.

Also understand that there's a significant risk of financial loss with all

investment strategies, and you need to request and understand the specific risks from the investment

manager about their product before you make investment decisions. Here's your host, veteran hedge fund

manager, Nealz Kostrup Larson.

Welcome and welcome back to another conversation in our series of episodes that focuses on markets and investing from a global macro perspective.

This is a series that I not only find incredibly interesting as well as intellectually challenging, but also very important,

given where we are in the global economy and the geopolitical cycle.

We want to dig deep into the minds of some of the most prominent experts to help us better understand what this new global macro-driven world may look like.

We want to explore their perspectives on a host of game-changing issues

...