GM26: Out with the FED Put & In with the OIL Put ft. Adam Rozencwajg
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 712 Ratings
🗓️ 26 October 2022
⏱️ 52 minutes
🧾️ Download transcript
Summary
Today, we have the pleasure of having Adam Rozencwajg back for another conversation on the global energy crisis, this time primarily focusing on the demand side of the crisis. We discuss oil reserves, OPEC and how disruptions in supplies impact the energy sector, why we are seeing a spike in demand for oil and how investors are changing their trading behaviour to adapt to the crisis, the impact of the rise of the emerging market middle class and the challenges of structural inflation. We also address how the war between Russia and Ukraine affects the energy crisis and how some conspiracy theorists believe that all this conflict is tied together, how the energy crisis affects the American Mid-Term Election and much more.
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Episode TimeStamps:
00:00 - Intro
02:06 - The highlights of the previous conversation on energy supply
13:02 - Adam’s perspective on the demand side
21:57 - Blame it on the inflation?
29:11 - The opportunities of a divided world
36:50 - Has demand actually decreased?
42:40 - What can go wrong in regards to the election?
51:00 - Thanks for listening
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | I do think that things have really fundamentally changed here and that I think the next number of years will be a little bit different. |
| 0:12.0 | You know, I think we have to let the dust settle to really understand the impacts of the last two years, |
| 0:16.0 | but I think we're in the process of fundamentally changing a lot of things that we took for granted over the last really 40-year period. |
| 0:22.6 | But I think we have to be a little bit more willing to broaden our horizons and, you know, accept things that look fundamentally different |
| 0:30.6 | because I do think we're in a much more uncertain times. |
| 0:35.6 | Imagine spending an hour with the world's greatest traders. |
| 0:39.5 | Imagine learning from their experiences, their successes, and their failures. |
| 0:43.9 | Imagine no more. |
| 0:45.8 | Welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world, |
| 0:51.7 | so you can take your manager due diligence or investment career |
| 0:55.1 | to the next level. Before we begin today's conversation, remember to keep two things in mind. |
| 1:00.7 | All the discussion we'll have about investment performance is about the past, and past performance |
| 1:05.3 | does not guarantee or even infer anything about future performance. Also understand that there's a |
| 1:10.6 | significant risk of |
| 1:11.5 | financial loss with all investment strategies, and you need to request and understand the specific |
| 1:16.6 | risks from the investment manager about their product before you make investment decisions. |
| 1:21.5 | Here's your host, veteran hedge fund manager, Nealz Kostrup Larson. |
| 1:31.1 | At a manager, Niels Kostrup Larson. Adam, welcome back to the follow-up conversation you did with Jim and I about a month ago, |
| 1:37.2 | where we simply ran out of time because there was so much that we wanted to cover with you. |
| 1:41.5 | First of all, how are you doing today? |
| 1:43.1 | I'm doing very well, thank you. |
| 1:44.6 | Good to be back. |
... |
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