4.6 • 693 Ratings
🗓️ 13 June 2022
⏱️ 36 minutes
🧾️ Download transcript
With special guest, Doug Cifu, CEO of Virtu Financial.
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0:00.0 | Well, this is Current Yield Grants Interest Rate Observer of the Air. |
0:09.9 | I'm Jim Grant, and with me, as always, is the great deputy editor of Grants, Evan Lorenz, |
0:16.3 | Henry French, as per usual, at the control panel. |
0:19.3 | And joining us today is none other than Douglas |
0:23.1 | Seifu, the chief executive officer of Virtue Financial. And Doug will be getting to you in just |
0:28.5 | one moment. But Evan, you know, Elon Musk is, I think, is never one entrepreneur of the month |
0:35.2 | here at Grand's Interestrade Observer. Is that correct? |
0:43.6 | Longstanding for at least five or six years. Yeah, I think he's, I thought that his comment on working from home is pretty fabulous. You could quote, or semi-quote, you can pretend to work |
0:49.5 | someplace else. That was okay. But you sent me something more than it was kind of that it leaves me to think that there |
0:57.4 | might be a traffic jam of people returning to their Tesla offices. |
1:01.7 | Yes. |
1:02.6 | Elon Musk apparently submitted a memo to his employees saying that about 10% of them might |
1:06.2 | get the pink slope. |
1:07.4 | Did he say who? |
1:16.2 | Did he name names or just, just let the, the impressions settle in, |
1:22.8 | let it marinate in the staff. I would just let it marinate myself, just might quicken the pace of work, shorten the time of the water cooler, just a little more starch in the organization. |
1:29.5 | I had a guess probably the later. Yeah. So, as I said, a CEO of Virtue Financial is with us today. |
1:35.3 | Doug, I'm going to parenthetically pause. Am I pronouncing seafood correctly or my bungling? |
1:40.4 | You were doing a great job. Okay, so far. So far. My grandmother used to say Chi Fu, but we Americanized it. |
1:46.0 | Okay. |
1:47.0 | Doug is by training and longstanding as a lawyer. |
1:53.0 | He was a partner at Paul Weiss, Rifkin, Wharton, and Garrison, |
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