Then I think people are like, okay, I got to get in on this.

You know, this thing is only going one way.

I've got undervalued stocks with positive momentum and policy support.

Why would I, if I were Chinese, why would I know what to participate?

And so you see what we've seen in recent weeks, the past couple of weeks where it just gaps up every single day.

We're shorts and a lot of people were short. I can't even cover because you just go limit up on individual names day in, day out, which is, you know, as a short, I'm not, I'm not, and I'm not

short, but as a short, not being able to cover short is the worst, you know, it ties up your

stomach into knots.

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,

Niels 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

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