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Slate News

Slate Money - The Contrarian

Slate News

Slate Podcasts

Politics, News, News Commentary

4.56K Ratings

🗓️ 2 October 2021

⏱️ 57 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael are joined by Max Chafkin to talk about his new book The Contrarian. They get into the life and drama of Peter Thiel, insider trading, and the Ozy Media scandal.  


In the Plus segment: What will Peter Thiel do with all his money? 


Mentioned in the show: 

Goldman Sachs, Ozy Media and a $40 Million Conference Call Gone Wrong” by Ben Smith

Most Americans Today Believe the Stock Market is Rigged, and They’re Right” by Liam Vaughan


Email: slatemoney@slate.com

Podcast production by Cheyna Roth. 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

In the hours after we recorded this episode on Friday, the Board of Aussie media issued a statement saying that the organization would be shutting down.

0:20.4

Hello, welcome to the contrarian episode of Slate Money, your guide to the Business and Finance News of the Week.

0:28.7

I'm Felix Salmon of Axios.

0:30.1

I'm here with Emily Peck of Fundrise.

0:32.9

Hello, hello.

0:34.0

I'm here with Stacey Marie Ishmael of Bloomberg.

0:37.7

Hello, hello. And we have a veryacey Marie Ishmael of Bloomberg. Hello, hello.

0:39.0

And we have a very special guest.

0:40.9

We have Max Chaffkin also of Bloomberg.

0:43.8

Welcome, Max.

0:44.9

Hey.

0:46.2

Max is an editor at Bloomberg who edited a great story about corporate insider trading.

0:52.6

So obviously we're going to talk about that.

0:55.2

We are also all full-time employees of media organizations. And so obviously we're going to

1:01.3

talk about the implosion of Ozzy. Maybe we're not. Maybe Emily works for a fintech.

1:08.7

And so she's not a media person anymore. Correct. But she's still a media person in her, in her heart. I can see behind her eyes. She's like, yeah, I'm a media person. So we're going to talk about Aussie media, which imploded this week. But mostly and most importantly, we're going to talk about Max's book. Max, you have written the book. What is it?

1:28.8

It's called The Contrarian, and it's a biography of Peter Thiel, the tech investor and Republican kind of political figure. And it also sort of doubles as a study in Silicon Valley Power.

1:42.0

Available at all good local bookstores right now, go out and buy it.

1:47.0

All of that coming up on Slate Money.

1:54.0

So, Max, you have written a biography of Peter Thiel.

1:59.6

He is this multi-gazillionaire who really represents a certain strain of sort of crazy

2:10.1

libertarian thinking in Silicon Valley. Is that the reason why you wrote the book that you think

...

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