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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

BTC063: Potential Economic Tightening & Bitcoin w/ Dr. Jeff Ross (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 2 February 2022

⏱️ 65 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 01:07 - Why Jeff transitioned away from being a doctor to being a hedge fund manager. 10:25 - Jeff's thoughts on the healthcare sector. 10:25 - Jeff's thoughts on the pharmaceutical sector. 14:56 - How he can conduct "all-weather" investing with negative spreads in fixed income. 25:35 - Why Jeff believes economic growth or tightening should be the first consideration for investors. 29:51 - How Jeff identifies a shift in credit growth. 29:51 - How Bitcoin might perform in a credit tightening event. 33:45 - Regulatory guidance for Bitcoin and digital assets. 56:35 - How Jeff thinks about correlation in a portfolio construction. 59:35 - Why the GBTC discount and what it means. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jeff Ross's Vailshire Capital Management. Jeff Ross's Twitter. New to the show? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. 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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:30.0

So without further delay, here's my chat with the thoughtful Dr. Jeff Ross.

0:38.0

You're listening to Bitcoin Fundamentals by the Investors Podcast Network.

0:43.0

Now for your host, Preston Pish.

0:46.0

All right, so hey everyone, welcome to the show. I'm here with Dr. Jeff Ross.

1:00.0

Jeff, thanks so much for making time. I'm really looking forward to this chat.

1:04.0

Thanks for having me, Preston. I'm really excited to be here.

1:07.0

Hey, so I think the thing that's really obvious to anybody who's joining us and looking at your background,

1:13.0

and I'm sure this is always the first question you get when you're talking to people is, what caused the transition?

1:18.0

You were a medical doctor, and now you run your own hedge fund.

1:22.0

Back story time, yeah. So I started in college. I loved investing, and I wanted to be a doctor, and I needed to make a decision.

1:30.0

And so I decided to be a doctor, obviously.

1:33.0

And once you go down that pathway, you're stuck on that pathway, if you kind of know how that works.

1:37.0

I did my kind of pre-med course work in college, got to med school, did four years in medical school, and then I did six years in residency and fellowship, finished that in 2008.

1:47.0

So when I finished that, I was a board-certified diagnostic radiologist and a fellowship trained interventional radiologist.

1:54.0

The latter is basically image guided minimally invasive surgery.

1:58.0

So when I got out, the job market was fantastic. I couldn't move anywhere in the US pretty much that we wanted.

2:03.0

So my wife and I talked about it, we thought Colorado. We grew up in Minnesota, did our training in Milwaukee, and we always have loved the rocking mountains.

2:11.0

And so first chance we came out here. And so I've been out in Colorado Springs since 2008.

2:16.0

Probably about a year into private practice medicine. I remembered that I loved investing.

2:21.0

And so I started a blog at that time teaching people how to invest on their own.

2:25.0

Did that for like a year or two, and first I got picked up by a motley fool and started writing for them, and then I started doing stuff for seeking alpha.

...

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