In Search of Green Marbles: Recent Episodes

View Details

This week, G3 welcomes Jordi Visser on the podcast to get his latest thinking on recession hand-wringing that just won't go away, whether China can get out of its doldrums and the impact of healthcare on the U.S. economy. Last but not least, Jordi and G3 discuss Bruce Springsteen and the role his music has played for both of them.

Please check important disclosures at the end of the podcast.

Timestamps:

• Does Jordi’s latest webinar indicate he is getting more bullish? [4:40]
• What do the ISM trends indicate about the likelihood of a recession? [8:06]
• What indicators in the Chinese market should market participants be watching? [10:24]
• What are the impacts of AI, interest rates and bankruptcy on business formation? [12:40]
• What negative surprises does Jordi think could impact his no recession theory? [19:39]

Resources:

• September Insights: Jordi’s Market Forecast [VIDEO]
• US healthcare’s role in the broader economy (McKinsey & Co.)
• “Thunder Road,” Live at the Hammersmith Odeon (1975)

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Hi, it’s G3 and we are dropping a fresh episode of In Search of Green Marbles on Friday, September 1st, which of course is the Friday before Labor Day. We are doing this in anticipation of a busy Fall for the markets and there is no shortage of topics that we will want to cover – so we’re getting a head start.

One of the key topics in our purview is whether or not there will be a big infusion of stimulus coming from China that will summon forth animal spirits domestically and support global markets. Is this a realistic expectation or are we all just waiting for Gadot? That’s the question we’ll be covering this week with Weiss China expert, Mike Edwards.

Please check important disclosures at the episode.

Timestamps:

• Why does Mike frame the discussions about China's attempts to boost economic growth as an "is" vs. "ought" debate? {2:03]
• How is 'stimulus' influencing the sentiment amongst Chinese consumers and market participants? [9:53]
• Why does Mike expect China will not deploy major measures to surpass a 5% growth rate? [12:34]
• Are market participants rooting for the arrival of a stimulus "bazooka" influencing the outcome of economic decisions in China? [21:10]
• Many Chinese banks are trading dramatically below book value. Does this indicate a broken financial system? [27:21]

Resources:

• Zhongrong Trust's missed payments trigger fears among Chinese investors
• China suspends report on youth unemployment
• What is the NDRC?
• China's Xi calls for patience as Communist Party tries to reverse economic slump

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

This week, we are delighted to present a previous episode of In Search of Green Marbles that featured Jena Roche, Weiss’s Director of Investor Relations and Marketing. But the timing is not coincidental, as tomorrow, August 26th, is Women’s Equality Day.

Thanks to a 1973 Joint Resolution of Congress, Women’s Equality Day was established to commemorate August 26th,1920, which marked the day in which Secretary of State Bainbridge Colby quietly signed the recently ratified 19th Amendment in his home – without any fanfare – that gave American women the right to vote. In doing so, a movement that started over a century earlier could finally declare victory.

The journey towards equality beyond suffrage has made many strides since that day 103 years ago, but it’s been a struggle. For example, it took all the way to 1974 and the enactment of the The Equal Credit Opportunity Act, before women were able to apply for credit cards and other loans in their own name, regardless of their marital status. And believe it or not, it took all the way until May 12th, 1987, before the first coeducation class graduated from Columbia College.

So, while women have made great strides, Weiss believes that it’s important to remember that the achievements made by women have been hard fought and have taken way more time than they should have. And the fight for progress continues, which is why we wanted to take this week to recognize one of our formidable women warriors.

Please check important disclosures at the end of the episode.

Time Stamps:

• Why is Jena enamored with manatees? [8:08]
• Why did Jena choose to attend Wellesley College despite the tuition cost? [10:31]
• How did Jena get to Wall Street after majoring in Biochemistry? [18:50]
• How does Jena apply the Ideal Gas Law formula, PV=nRT, in her daily life? [21:00]
• How did Jena transition from banking into her role in Marketing & IR at Weiss? [22:14]
• What advice does Jena have for aspiring women who are starting their careers on Wall Street? [32:15]
• How did George Weiss, Jordi Visser, and other finance professionals at Weiss help Jena think about her own investment decisions? [36:19]

Resources:

• Women’s Equality Day Overview
• The Equal Credit Opportunity Act
• Class of 1987 Heralds New Era at Columbia

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any...

View Details

This part of the Summer used to be a slow period for news and events. But that’s certainly not the reality this year when it comes to economics, markets, foreign affairs, and politics.

A case point is the looming prospect of a U.S. government shutdown this Fall that is already increasing the tension in the air around the beltway. Weiss’s Mike Edwards joins G3 to provide his political assessment on whether or not a shutdown is likely to occur. He also weighs in on the potential economic consequences of a shutdown and addresses G3”s questions regarding ongoing congressional support for Ukraine and how China may be viewing the latest chapter of Washington’s game of fiscal chicken.

Please check important disclosures at the end of this episode.

Timestamps:

• Why is Mike convinced that a U.S. Government shutdown is likely going to happen, and what factors could delay it until December? [1:30]
• Why might members of the Freedom Caucus opt to vote against the budget bill, even if it includes some meaningful cuts? [9:53]
• Is Mike worried that the U.S. government is poised for a so-called "Minsky Moment"? [14:23]
• How could a government shutdown impact the markets and our economic growth? [20:00]
• How might China’s leadership perceive America's annual game of fiscal chicken? [29:40]

Resources:

• Hastert Rule
• Let’s Hope Churchill Was Wrong
• Minsky Moment

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On this episode of In Search of Green Marbles, recorded on Wednesday, August 9th, Jordi Visser updates G3 on his latest experiments with AI and on his ongoing efforts to use AI to transform the way Weiss is run. Jordi proceeds to discuss how IQ will be transformed in the age of AI.

Please check important disclosures at the end of the podcast and enjoy this wide-ranging discussion on how AI is changing our world in real time.

Timestamps:

• How is Weiss encouraging employee experimentation with AI and what is a sandbox environment? [5:20]
• How would Jordi describe ChatGPT, AutoGPT and the Code Interpreter to a kid? [8:34]
• How has AI reshaped Jordi’s assessment of prospective employees and why does he believe that ‘CQ is the new IQ’? [12:38]
• What role does curiosity play in achieving success with modern AI tools? [19:51]

Resources:

• Ask Jordi Anything
• Navigating the World of Coding with the Precision of Waze (LinkedIn Post)
• I was there when AI helped to create a vaccine
• What is Auto-GPT and why does it matter?
• Code Interpreter For Learning (video)

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On the pod this week, G3 is joined by Weiss’ Jordi Visser to get his latest thinking on the markets and the economy. They also talk about that big recession that hasn’t come and what Jordi is forecasting for the remainder of the year.

As always, please check important disclosure at the episode.

TimeStamps:

• How was July a ‘capitulation’ month? [2:10]
• What is the meaning of the term 'SHEconomy,' and why has it become a driver of growth? [6:48]
• Why does Jordi believe that a ‘synchronized’ recession will not occur and how is it different than a rolling recession? [11:02]
• Why does G3 want to organize a poker game with a market strategist who presented alongside Jordi? [15:18]
• Will China rebound with significant stimulus measures, or will they fall into a deflationary spiral? [19:27]

Resources:

• Ask Jordi Anything
• Riding the Highs: Understanding the SPX Surge, Inflation Decline, and Economic Stability [VIDEO]
• What recession? It's a summer of splurging, profits and girl power
• Falling birth rates in China

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In Search of Green Marbles is back with a fresh new episode recorded on Wednesday, July 26th, which was Fed Day. And while the Fed's actions were very well telegraphed, Weiss's own Lundy Wright had plenty to say about both the Fed's statement and the subsequent press conference.

Please check important disclosures at the end of the episode and enjoy this conversation with Weiss's Bond guru, Lundy Wright.

Time Stamps:

• What are Lundy's general thoughts on the latest FOMC statement and the subsequent press conference? [2:32]
• Is Lundy of the opinion that this will be the final interest rate increase of this hiking cycle? [8:43]
• Why is Lundy disappointed in Powell’s tone during the press conference? [15:00]
• As the Basel III endgame plays out and the resumption of student loan payments hit this Fall, are the markets expecting a deceleration in the economy? [20:05]
• Given where the yield curve is, does Lundy believe that bond market participants are anticipating Fed interest rate cuts? [22:28]

Resources:

• What is the Citi Surprise Index (video)?
• What are Reverse Repurchase Agreement Operations (RRPs)?
• The Fed Has Paused Before

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Back by popular demand, we are delighted to present our second AJA which stands for Ask Jordi Anything.

In this episode, G3 asks questions submitted by our listeners on a range of topics. They include Jordi’s thoughts on building programming skills, commodity prices, large language models, his biggest trading mistakes and much more. G3 even threw in a question himself about horse racing.

Please check important disclosures at the end of the episode. And if you’d like to ask a question yourself, don’t be shy.

This episode was recorded on June 7th.

Timestamps:

• Which Python courses does Jordi recommend for individuals interested in learning to build AI-powered tools for data analytics and finance? [2:30]
• What data points did Jordi rely on to support his assertion that the reopening of China would not lead to a strong rebound in commodity prices? [5:47]
• What impact does Jordi predict AI will have on markets as countries and industries with demographic challenges harness the recent advances in technology? [13:40]
• Based on Jordi’s horse racing framework, what in his view is the ‘dark horse’ sector of the market right now? [17:22]
• What was Jordi’s most significant trading mistake and what did he learn from it? [20:04]
• What was the significance of the Belmont Stakes race given the challenges in thoroughbred horse racing this year? [25:58]

Resources:

• Ask Jordi Anything
• Jordi’s recent appearance on Anthony Pompliano’s show
• The Belmont Stakes

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and...

View Details

Will Big Tech be able to self-regulate when it comes to AI? How can you impose legislation over open source software? Should algorithms be given rights? These and other questions related to regulating AI were tackled in the second part of G3’s AI discussion with Weiss Deputy CIO, Mike Edwards.

Please just check disclosures at the end of the episode.

This episode was recorded on June 14th, 2023.

Timestamps:

• Do we need to regulate AI to prevent irreversible consequences? [2:19]
• Should large tech companies seek to self-regulate their AI activities? [9:18]
• What is Mike’s opinion of the European Union’s new AI regulation framework? [14:30]
• Could AI regulation negatively impact America’s competitive standing vis-à-vis China? [18:33]
• What are Mike’s thoughts on AI personhood, and does he agree that ‘the algorithms too will need rights’? [25:41]

Resources:

AI Prompts Torts – From Weiss’ Morning Seeds Meeting on 7/10

John Stuart Mill: Main Ideas

DAN Unchains ChatGPT From its Moral and Ethical Obligations

Lina Khan on Regulating AI

Opinion: Is it time to start considering personhood rights for AI chatbots?

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

The US component of Taylor Swift’s historic tour is scheduled to conclude on August 9th, but it’s already apparent that this tour and the woman in the center of it is an absolute game-changer.

Jordi and G3 know the power of Taylor Swift first hand. And in this special episode of Green Marbles, Jordi connects the Taylor phenomenon to a goldrush of green marbles related to crypto & blockchain, AI and ChatGPT.

Please check important disclosures – which never go out of style – at the end of the episode.

Timestamps:

• How did the title of this podcast centered around ‘Green Marbles’ come about and how does it apply to the Taylor Swift phenomenon? [1:15]
• Apart from her albums, what is the extent of Taylor Swift's achievements? [11:33]
• How does Jordi compare the Taylor Swift fan community to the world of cryptocurrency? [19:57]
• How will artists with high EQ scores like Taylor fare in a future with AI and ChatGPT-9? [23:49]
• How did Jordi use ChatGPT to write an analysis of Taylor Swift in preparation for this episode? [30:25]

Resources:

• Jordi’s Taylor Swift paper (collaboration with ChatGPT)
• Ask Jordi Anything
• Taylor Swift concert tickets 'disappear' after families paid hundreds to StubHub
• Beyonce cried and Pink Chewed out Kanye West after he interrupted Taylor Swift’s speech
• The Taylor Swift/Scooter Braun controversy explained
• Shake it off
• Cardigan
• Anti-Hero

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any...

View Details

On this week’s episode of Green Marbles, Weiss’s Mike Edwards and G3 discuss AI’s impact on the markets and our broader economy. They also look to separate AI hype from AI reality.

Please check important disclosures at the end of the episode. And if you like what you hear, feel free to give us a rating and a review. You can even use Chat GPT to write the review – as long as your prompts are good.

This episode was recorded on Wednesday, June 14th.

Timestamps:

• How has the introduction of ChatGPT contributed to the recent increase in the adoption of AI? [4:56]
• Why does Mike believe that ChatGPT is designed to mimic rather than to reason? [11:11]
• With the growing adoption of AI, what companies should market participants focus on to take advantage of this trend? [17:34]
• Are we overemphasizing the AI technology advantages that big tech companies have? [24:34]
• What is Mike’s take on the timing of the Writer Guild’s strike in Hollywood and about the future of management labor dynamics in general? [32:08]

Resources:

• Google’s landmark 2017 paper on Novel Neural Networks
• ChatGPT: From 0 to one million users in five days
• Hollywood writers confront AI

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this episode, recorded on Tuesday, June 20th, Jordi speaks – in colorful terms – about how ChatGPT has become his own personal superhero suit. As a result, Jordi discusses how and why he will dramatically increase the number of papers he will be publishing moving forward.

Jordi also discusses how his thought process has changed thanks to this technology and where he’s going to take it from here (Hint: Auto-GPT).

Please check important disclosures at the end of the episode.

Timestamps:

• In what ways has Jordi's process of writing papers transformed with the integration of ChatGPT? [4:05]
• What was the inspiration behind Jordi's ‘J.A.R.V.I.S’ paper, and how did he go about writing it? [7:34]
• How does Jordi perceive the strength of collaborating with ChatGPT? [10:48]
• What is Jordi aiming to achieve with his weekly #JordiPlusJarvis paper series on LinkedIn? [12:41]
• What future plans does Jordi have in terms of incorporating AI tools like AutoGPT into his work? [17:06]

Resources:

• Ask Jordi Anything
• Jordi’s LinkedIn Handle
• Jordi’s “J.A.R.V.I.S” Paper
• Iron Man Wiki: J.A.R.V.I.S.
• What is Auto-GPT and why does it matter?
• The Medium is the Message by Marshall McLuhan

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

This episode of Green Marbles was recorded on Wednesday June 14th, which is Fed Day. And if it’s Fed Day, that means that Weiss’s Lundy Wright is here to talk about what the Fed did, what Chairman Powell said, and how the markets reacted.

Please check important disclosures at the end of the episode and get ready to hear from Weiss’s very own bond guru, Lundy Wright.

Timestamps:

• What assumptions are being made about the Federal Reserve's next steps in light of its recent decision to pause rate hikes? [3:01]
• Why does Lundy think the Fed’s decision to pause rate hikes is a ‘hawkish’ move? [8:09]
• Which is a more reliable indicator of market performance: the marginal change in Consumer Price Index (CPI) or the absolute level of core CPI? [13:39]
• What data will Lundy be concentrating on to predict the Fed’s next move? [20:32]

Resources:

• FOMC statement
• FOMC press conference
• What is the Fed Dot Plot?

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On this episode of Green Marbles, recorded on Wednesday June 7th, G3 and Jordi Visser discuss the divergent performance between Energy and Tech stocks in 2023.

Together, they explore the factors behind this trend and discuss whether or not this pattern will continue as we look towards the second half of the year.

In this episode, as is done frequently, the firm’s morning meetings are referenced. These meetings, though, aren’t treated as closely guarded secrets, as they are at most other investment management firms. In fact, a summary of each discussion is provided in the Morning Seeds section of the Weiss website. Listeners can access this using the link provided below.

Please check important disclosures at the end of the episode.

Time Stamps:

• What factors contribute to the divergence in the performance of technology and energy stocks? [1:38]
• Will AI drive down the price of oil in the long-term? [11:47]
• Why is the relationship between Beta and profitability important for hedge funds? [15:17]
• How does Jordi think ‘old economists’ such as Warren Buffet will react to the current tech hype? [19:19]

Resources:

• Morning Seeds
• Energy vs. Tech [VIDEO]
• Ask Jordi Anything
• The Great Horse Manure Crisis of 1894

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

G3 and Jordi Visser welcome back Sultan Meghji, a good friend of the firm and all-around technology expert, to talk about AI and its explosion into the public’s consciousness.

What does AI’s acceleration mean for the markets in general and energy prices in particular? How close are we to reaching the so-called Singularity? This episode covers all of this and more.

Please check important disclosures at the end of the episode.

Time Stamps:

• Are we in an AI hype cycle or is the accelerated pace of innovation the culmination of decades of work? [4:59]
• How is AI enthusiasm impacting the financial markets including mega cap technology companies such as NVIDIA? [9:00]
• What is the difference between Artificial General Intelligence (AGI) and AI, and how close are we to reaching ‘The Singularity’? [15:48]
• What impact is AI having on energy prices? [24:49]
• What is the purpose behind the AI-based project that Sultan and Jordi are working on together? [37:33]

Resources:

• Sultan’s website
• Ask Jordi a Question
• Arena X Labs lets you train AI characters
• Singularity explained in simple terms
• AI may be on its way to the doctor’s office
• More Cowbell

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more

View Details

G3 and Weiss’s Michael Edwards go deep on the debt ceiling situation, which is playing out in real time before the eyes of a watchful and nervous nation.

In this wide-ranging discussion (recorded on Tuesday, May 23rd at 10:00am), Mike breaks down the probabilities of the various scenarios in which the debt ceiling situation is ultimately resolved. He also weighs in on how the markets could react to a resolution and the impact of Donald Trump in shaping the debate.

Please check important disclosures at the end of the episode.

A final note: We are releasing this episode a day ahead of our usual Friday schedule in recognition of the upcoming Memorial Day weekend.

Time Stamps:

• How does market complacency compound the overall danger of the debt ceiling situation? [2:22]
• What are the positives and negatives of the progress made thus far in the negotiations? [3:28]
• What are the probabilities associated with the various potential outcomes? [9:42]
• What is the likelihood of a last-minute agreement that also enables Kevin McCarthy to retain his position as Speaker of the House? [17:07]
• Will the looming presence of Donald Trump impact the outcome to the debt ceiling drama? [29:46]

Resources:

• The Problem Solvers Caucus
• The Hastert Rule
• Rep. Thomas Massey on the 72 hour rule (video)

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this AJA (Ask Jordi Anything) episode recorded on May 3rd, 2023, G3 asks Jordi questions on behalf of listeners who have contacted Weiss via the In Search of Green Marbles website.

Topics include marking to market illiquid investments, the future of the college experience, the impact of large language models (LLMs) on investment management, Europe vs. US equity markets, AI as a deflationary force and passive vs. active management in a real rate environment.

Please check important disclosures at the end of the episode.

Time Stamps:

• Why is it important for illiquid assets to be marked to market if the investment horizon for these instruments is in years? [2:05]
• How does Jordi expect the future of the college experience to change in the next decade? [5:30]
• How has the advancement of LLMs (Large Language Models) changed the equity management business? [9:44]
• What are Jordi’s thoughts on the divergence between European and US equity markets? [13:00]
• Which will win out in the long run: the forces putting structurally upward pressure on prices or deflationary forces? [16:26]
• How will the interest rate environment impact the performance of passive ETF investment vehicles moving forward? [19:22]

Resources:

• Please ask Jordi anything here
• SVB, ChatGPT and the Future of Trust: The Bitcoin Moment
• What are Large Language Models Used For?

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

G3 welcomes Jordi Visser, president and CIO of Weiss, onto the pod.

In this far-reaching conversation, Jordi shares his views on the continued wall of worry that is plaguing many participants in the markets. Specific topics covered include recent economic data, the status of regional banks, America’s debt ceiling drama, AI, and Bitcoin. Last but certainly not least, Jordi and G3 discuss the most recent Kentucky Derby.

Please check important disclosure at the end of this episode.

Time Stamps:

• What is Jordi’s take on Mage’s Kentucky Derby win? [1:09]
• Is the decline of KRE, the regional bank index, an indication of trouble for the market? [4:41]
• Why are Stanley Druckenmiller, Hugh Hendry and other market influencers warning of doom and gloom? [7:29]
• What green marbles of hope does Jordi see on the horizon? [16:38]
• What is Jordi’s current outlook on Bitcoin and ChatGPT? [22:18]

Resources:

• The Risk? No Recession [VIDEO]
• Jordi Visser on the Pomp Podcast
• The 149th running of the Kentucky Derby
• Poor market sentiment and strong liquidity at regional banks
• Hugh Hendry shares his views on the systematic risk

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this episode, recorded on Wednesday, May 3rd at 4:30pm, G3 talks with Lundy Wright, Weiss’s bond expert, on the back of Fed Day.

Topics covered include economic levels vs. the rate of change and the Fed’s decision to hike rates and tweak its official statement. They also discussed Chairman Powell’s subsequent press conference, how Powell handled questions about the fragility of America’s regional banks, and why the markets continue to price in rate cuts for the back half of this year.

Please check important disclosures at the end of the episode.

Time Stamps:

• What is the value of financial change analysis based on the state of economic levels? [2:22]
• Were there any surprises in the Fed’s latest rate hike or in Powell’s speech following the Fed’s decision? [7:56]
• Should the market expect rate cuts based on Powell’s comments? [15:47]
• What does Lundy believe would be worse than a recession? [17:16]

Resources:

• Official FOMC statement
• Powell press conference (video)
• US rate futures price in a Fed pause and rate cuts

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this episode of Green Marbles, which was recorded on Thursday, April 27th, G3 speaks with Jordi Visser, president and CIO of Weiss, to talk about the overarching pessimism in equities that is pervasive throughout the market today.

Specifically, they discuss the old concept of a wall of worry. This time around, are the pessimists right to expect equities to falter, or will markets once again ascend the wall? As usual, Jordi offers his unvarnished opinion. In doing so, he’ll make reference to “the new Fed put” and the “new rules of the game.”

Please check important disclosures at the end of the episode and join us to get Jordi’s take.

Time Stamps:

• What does Jordi believe would cause a recession? [7:36]
• How does the Elliot Wave theory play into the market narrative and why does it change? [15:17]
• Why could negative market sentiment pave the way for a future FOMO? [17:39]
• Which part of the equity market could outperform in H2, 2023? [19:25]

Resources:

• Ask Jordi a question
• Jordi’s video on junk yields vs. fed fund rates
• What is the wall of worry?
• “Don’t Fight the Fed”

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On this week’s Green Marbles, G3 welcomes Mike Edwards, Deputy CIO at Weiss.

Silicon Valley Bank and some other notable bank issues may be in the past, but the ripple effects from these situations continue to influence the markets. In this episode, Mike will discuss some of those ripple effects with an emphasis on how the private markets have reacted thus far and what could be in store for them and the public markets in the future.

Please check important disclosures at the end of the episode and feel free to follow and review us wherever you get your pods.

Time Stamps:

• Has the banking crisis sparked new thinking in how allocators are assessing portfolio allocation decisions? [2:43]
• Why does Mike believe that the ‘traffic around the accident’ is worse than the SVB collapse itself? [9:15]
• How is the private market being impacted by the ripple effects of the banking stressors and the nature of financial conditions right now? [13:44]
• How will inflation and interest rates impact the VC market? [20:30]
• Is commercial real estate a ‘watched pot’? [27:13]

Resources:

• McKinsey private markets review
• The coming commercial real estate crash that may never happen
• Rising interest rates are putting VCs back in their lanes

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

With the Kentucky Derby just 22 days away, Weiss’s president and CIO, Jordi Visser, has been sifting through the data and analyzing how this year’s race is shaping up.

A longstanding handicapper, Visser will soon release his annual analysis of the Derby, which has become a widely anticipated thought piece by both hardcore and casual fans of horseracing.

Please check important disclosures at the end of the episode and make sure to sign-up below to receive Jordi’s annual Kentucky Derby paper.

Time Stamps:

• Why does Jordi believe that investors should be looking at the markets like a horse race? [3:50]
• What are the major themes in this year's Kentucky Derby race relative to other years? [5:55]
• What does Jordi think of Tapit Trice’s win over Verifying in the Blue Grass Stakes race? [12:49]
• Will recency bias be a factor in this year’s betting trends given Rich Strike’s win last year, overcoming 80-1 odds? [15:58]
• What Kentucky Derby resources does Jordi recommend? [23:26]

Resources:

• Sign-up to Jordi’s Kentucky Derby Paper
• Ask Jordi a Question
• 2023 Toyota Blue Grass Stakes
• Equibase.com
• Brisnet Speed Ratings
• Blinkers Off Racing Dudes

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

This week, Weiss’s China expert, Mike Edwards, joined G3 on Wednesday morning, April 5th, to discuss the latest moves – or more precisely, flexes – by China on the global stage.

Topics covered include China’s influence over OPEC, the recent Xi-Putin summit, China’s role in brokering a peace deal between Saudi Arabia and Iran, China’s cultivation of nations ranging from Honduras to Egypt, Taiwan President Tsai Ing-wen’s visit to the US and the recent US congressional hearing on TikTok.

As always, please check important disclosures at the episode and if you’re feeling generous, please leave us a review.

Time Stamps:

• Is China trying to gain a competitive advantage by paying less for oil than the rest of the world? [8:40]
• Does the peace deal between Saudi Arabia and Iran, brokered by China, secure Xi’s involvement in future OPEC decisions? [11:22]
• How has the US responded to China’s debt restructuring in Ghana? [14:41]
• How is China building a new Egyptian capital outside of Cairo? [18:14]
• Why does Mike think Honduras and other Latin American nations have flipped their allegiance from Taipei to Beijing? [23:07]
• Why is the Tik Tok congressional hearing significant? [28:20]

Resources:

• McCarthy meets Taiwan President Tsai despite China’s threats
• China brokers historic truce between Saudi Arabia and Iran
• China is building a new Egyptian capital in the desert (video)

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s President and CIO comments on the banking system, commercial real estate, and why Bitcoin is on the rise.

A great deal has happened in the markets since Jordi Visser, president and CIO of Weiss, has been on the podcast.

Listeners of this show should not be surprised to hear that Jordi has accumulated a lot of thoughts in response to recent events. So, this week, we’ll get his views on the current state of the markets, the banking system, and Bitcoin. We’ll also check in with him regarding the upcoming Kentucky Derby prep races.

Please check important disclosures at the end of this episode.

Time Stamps:

• Is the worst of the volatility due to the banking crisis behind us? [3:24]
• Does Jordi think that the commercial real estate sector is in a dire situation? [6:38]
• Why is Bitcoin performing so well in the current environment, and why does it matter? [13:28]
• Does the regional banking crisis play into Jordi’s views on Bitcoin? [19:53]
• How is this year’s Kentucky Derby shaping up as we get into the homestretch of the prep races? [24:23]

Resources:

• Jordi’s video on Bitcoin chart moves
• Jordi’s latest webinar: Strong Jobs – Now What?
• The $1mm Bitcoin bet
• The Network State by Balaji Srinivasan
• Forte seems dominant ahead of the Florida Derby
• Don’t Forget the Debt Podcast

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s Deputy CIO explores the political and market implications of the banking bailout and how it will affect Congress’s response to the debt-ceiling crisis.

This week’s Green Marbles features Weiss’s policy and politics expert, Mike Edwards. Mike and G3 discuss recent stressors on America’s banking system. They proceed to explore how the Biden Administration's handling of the SVB crisis and its communications pertaining to America’s banking system could impact the politics of the looming debt ceiling debate.

Please check important disclosures at the end of the episode

Time Stamps:

• How will the current banking situation progress near term? [2:13]
• How will the broader politics behind the debt-ceiling issue address the regulatory bailouts? [10:46]
• Assuming bank failures remain limited, how does Mike think the next few months leading up to a resolution will play out? [15:28]
• Can McCarthy be a constructive force if fellow Republicans motion to vacate the chair? [21:45]
• Will the treasury bonds held by U.S. regional banks prove to be the silver lining of the crisis? [26:06]

Resources:

• Jordi's latest webinar: Markets Diverge Post FOMC
• Senator Lankford’s exchange with Secretary Yellen
• Veda Partners' Treyz on McCarthy's Future

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s bond expert weighs in on the Fed’s response to fighting inflation on one hand and the stability of our banking system on the other.

This week, G3 welcomes Weiss’s bond expert, Lundy Wright, onto the podcast. In the wake of the volatility we’ve seen in the markets–particularly in the fixed income markets–G3 was eager to get Lundy’s take on what’s happening.

Ahead of the FOMC meeting next week, Lundy covered a number of topics weighing on the Fed as it prepares to make a decision on whether or not to raise its benchmark funds rate and, if so, by how much.

As usual, please check important disclosures at the end of the episode.

Time Stamps:

• What is the MOVE index and what is it telling us? [4:01]
• Is bond market illiquidity at the core of the current crisis? [6:50]
• Hypothetically, if market depth were better, could the SVB situation have played out differently? [10:31]
• Does the Fed find itself saying it is committed to QT but, in effect, engaging in QE? [18:20]
• How has the digital age impacted the effectiveness of the regulators’ solutions in managing market volatility? [20:56]
• What does Lundy think the Fed will do next week regarding the Federal funds rate? [22:43]

Resources:

• John C. Williams Biography
• Fewer Treasury bills and liquidity questions
• The MOVE index

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s Director of Investor Relations and Marketing reflects on her accomplishments, career path, debt, and investments.

This podcast was recorded on Wednesday, March 8th, which is International Women’s Day. To celebrate this important day, as well as the fact that March is Women’s History Month, G3 is delighted to have Jena Roche, Weiss’s Director of Investor Relations and Marketing, on the podcast. Jena has a compelling background and story, and she was kind enough to take time out of her day to discuss her journey and to share her insights with us.

Please check important disclosures at the end of the episode.

Time Stamps:

• Why is Jena enamored with manatees? [8:08]
• Why did Jena choose to attend Wellesley College despite the tuition cost? [10:31]
• How did Jena get to Wall Street after majoring in Biochemistry? [18:50]
• How does Jena apply the Ideal Gas Law formula, PV=nRT, in her daily life? [21:00]
• How did Jena transition from banking into her role in Marketing & IR at Weiss? [22:14]
• What advice does Jena have for aspiring women who are starting their careers on Wall Street? [32:15]
• How did George Weiss, Jordi Visser, and other finance professionals at Weiss help Jena think about her own investment decisions? [36:19]

Resources:

• Women’s History Month
• Ideal Gas Law
• Save the Manatee

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s Jordi Visser discusses the topic of hedge fund re-leveraging, how to observe this trend, and its implications.

In this episode, Jordi Visser, Weiss’s CIO and president, talks about the hedge fund re-leveraging trend he’s seeing and why it matters so much to his market outlook. For those unfamiliar with this concept, Jordi will explain it. Jordi will also discuss why conditions are ripe for market neutral strategies that can take advantage of this trend.

Please check important disclosures at the end of the episode.

Time Stamps:

• Why is the increase or decrease of hedge fund leverage important? [2:47]
• What proxies are available to gauge whether risk is being put back on? [6:23]
• What categories of hedge funds will likely benefit from re-leveraging? [10:52]
• What geographic areas are likely to benefit from this trend? [14:10]

Resources:

• Understanding market-neutral funds
• The Goldman Sachs Hedge Fund VIP Index Relative to the S&P 500 Index
• AI Expert Sultan Meghji Talks Healthspan and Longevity with Jordi Visser — Part 1

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss’s China expert, Mike Edwards, summarizes the current state of Sino-US relations and the potential consequences of Russia’s war with Ukraine.

In recent weeks, the rhetoric exchanged by US and Chinese leaders has reached a feverish pitch. But bluster and hot air are not the only factors to keep in mind when analyzing the trajectory of Sino-US relations. G3 is delighted to have Weiss's China expert, Mike Edwards on Green Marbles this week. Mike has plenty to say on where things stand between the US and China, China's relationship with Russia, and what all of this implies for markets in the coming months.

Please check important disclosures at the end of the episode.

Time Stamps:

• Is there a connection between the balloon controversy and the space race between the US and China? [4:22]
• What moves and countermoves have the US and China undertaken since the balloon flap? [6:48]
• Is the Russia-Ukraine war a proxy war for the US and China? [11:31]
• Why is Wang Yi an important figure in US-Chinese diplomatic relations? [16:53]
• What are the implications of the Russia-Ukraine war for markets? [22:56]
• How will China's reopening impact different market sectors? [29:31]

Resources:

• After UFO shoot-downs, senators fret over holes in homeland security
• Bio of Wang Yi
• Ukraine war shifts global power relations as China asserts role
• Luxury sector eyes reopening of China

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Sultan Meghji and Jordi Visser continue their discussion about the convergence of AI and longevity, and the resulting implications.

In Part 2 of the discussion with AI expert Sultan Meghij, G3 and Jordi continue to explore the intersection of AI and longevity. The topics of discussion include mushrooms, the intersection of web3 and longevity, “DeSci” (a.k.a. Decentralized Science), and the beneficiaries of the convergence of AI and health.

Please check important disclosures at the end of this episode.

Time Stamps:

• At the DNA level, how closely related are mushrooms and humans? [:48]
• Is there a way in which longevity and crypto/Web3 converge? [6:08]
• Why is Professor “Maddog” Hall relevant to the concept of DeSci? [12:50]
• What investment themes will emanate from the convergence of AI and health? [16:04]
• Who benefits from this convergence? [20:54]

Resources:

• Sultan Meghji’s bio
• Sultan’s Substack
• How are mushrooms more similar to humans than plants?
• Bio for Paul Stamets, mycologist
• Operation Choke Point
• A guide to DeSci
• Professor Jon “Maddog” Hall

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Sultan Meghji and Jordi Visser discuss how artificial intelligence enhances our ability to roll back our biological clocks through health management protocols.

In this week’s Green Marbles, G3 and Jordi welcome their mutual friend, Sultan Meghji, back to the show.

Last October, Sultan appeared on the show to discuss China, financial innovation, and cybersecurity. This time, he was invited back to discuss health, longevity, and artificial intelligence. As an AI expert with decades of technology experience, Sultan brings a unique perspective to health topics.

Please note that this discussion is significantly longer than our usual show length. As such, we have broken up this discussion into two parts. We hope you enjoy Part 1 now. Please be on the lookout for Part 2, which will drop during the week of February 20th.

Time Stamps:

• Why don’t more people tend to their health? [2:34]
• What health management protocols do Jordi and Sultan adhere to? [12:01]
• In what ways does the vagus nerve assist in managing overall health? [24:32]
• Is AI going to replace doctors or make doctors better? [32:04]
• Is there a practical example of how AI has already impacted lives? [45:58]
• Will AI become a bigger part of how we find disease? [48:07]
• What is the difference between chronological and biological age? [49:24]

Resources:

• Sultan Meghji’s bio
• Sultan’s Substack
• Sultan’s tweet about “Biological Debt”
• Website for Terry Wahls
• Josh Waitzkin on HRV
• What is the Vagus Nerve?
• Dr. Leah Lagos
• Limitless with Chris Hemsworth
• Breathe Flow app
• House, a TV show about a maverick doctor
• Galleri early cancer detection system

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss President and CIO Jordi Visser talks about the job market, a possible recession, and follows up on his latest webinar.

On this episode of In Search of Green Marbles, G3 welcomes Jordi Visser to talk about his new webinar, Don’t Find the Cred, which just dropped this week. In it, Jordi crunches the data and points to a number of charts that illustrate what he’s seeing in the markets. The TL;DR: the bears need to take some insight from Annie Duke and fold their pessimistic hands.

Please check important disclosures at the end of the episode, and if you like what you hear, please don’t be shy and give a rating to the show.

Time Stamps:

• Are the bears too wedded to the narrative of an imminent recession? [4:50]
• What is the state of the job market? [7:54]
• What else is reinforcing Jordi’s belief that we are not heading into a recession? [15:12]
• Have we been experiencing a bear market rally? [20:25]
• What are Jordi’s expectations for the first half of this year? [25:27]

Resources:

• Jordi's latest webinar: Don’t Fight the Cred
• Jordi’s video on investor sentiment remaining near 40-year lows
• Jordi’s video on the crossover of the S&P 500’s 50-day to 200-day moving average

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Lundy Wright takes a deep dive into the FOMC meeting and Chairman Powell’s indirect narrative.

This week you can get your kicks on episode 66 as G3 welcomes Lundy Wright, Weiss’s very own bond sage. Lundy has plenty to say about Wednesday's FOMC meeting, Chairman Powell’s subsequent press conference, and the Fed’s strategy, which Lundy likens to a controlled burn of a forest fire.

Please check disclosures at the end of the episode and buckle your seatbelt because Lundy doesn't mince words concerning his take on what transpired.

Time Stamps:

• Did Chairman Powell do or say anything that was unexpected? [1:09]
• Does Powell believe we are headed into a recession? [9:15]
• Is Powell less credible today than yesterday? [11:18]
• How might Powell undo the press conference if it has unintended results? [17:40]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

CEO Brandon Da Silva and COO Wei Xie of AI Arena introduce tokenized AI, and the immense opportunities it offers.

G3 and Jordi welcome you to a historic special episode of Green Marbles. This episode features the co-founders of AI Arena, the company behind a new game in development that will feature trainable characters for fighting using machine learning. These characters will be purchasable and tradeable as NFTs, but Jordi and G3 soon discover that this company isn't just another web 3.0 startup or gaming company. These two founders have a much bigger agenda in mind.

Please check important disclosures at the end of the episode.

Time Stamps:

• What is the basis of AI Arena? [2:52]
• What was the entrepreneurial thought process to create Arena AI? [10:28]
• How important is the intersection of AI and Web3? [18:30]
• Where are AI Arena’s beta testers located? [23:49]
• Is Arena AI a trojan horse for teaching people about machine learning? [29:02]
• What will success look like for AI Arena? [35:45]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Mike Edwards discusses the presidential election cycle theory and whether or not the theory will hold in 2023.

On this week’s Green Marbles, G3 has Mike Edwards of Weiss sitting across the table. G3 asked Mike to talk about the Presidential Election Cycle Theory and whether or not the unique dynamics of the newly convened 118th Congress will impact longstanding market trends that often occur in the 3rd year of a presidential term.

Please check important disclosures at the end of this episode.

Time Stamps:

• Why should market participants be aware of the presidential election cycle theory? [1:13]
• Will a divided Congress trump the powerful tailwinds of the election cycle? [5:52]
• What concessions did Speaker McCarthy have to give in order to secure the speaker’s gavel? [8:00]
• Will markets view nihilism in the same positive light as gridlock? [13:31]
• What are the key dates associated with the anticipated debt ceiling drama? [18:21]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi and Mike look at China’s reopening from a markets standpoint and opine on the implications.

While much of the world has re-emerged from Covid, China's battle with the virus has taken on a much different trajectory. But now that China is opening and taking concrete measures to stimulate its economy, the implications for the world look to be significant, particularly after the Chinese New Year. To explore those implications, G3 is joined by Jordi Visser and Mike Edwards of Weiss.

Please check important disclosures at the end of the episode and join us for our discussion of China's impact on global markets.

Time Stamps:

• Where do things stand with respect to China’s Covid policy and attempt to reinvigorate the economy? [6:30]
• Is there any chance that the PRC will reverse course and go back to lockdowns? [13:10]
• Why does Jordi believe that commodities will not be the primary beneficiary of China’s reopening? [15:35]
• How does Mike see potential surprises in the US-China relationship playing out in the markets? [20:52]
• How will Jordi and Mike determine if animal spirits are returning to the Chinese economy? [25:58]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi reveals his playbook for 2023 and details how investors should be prepared to call an audible as unexpected events occur.

Welcome to a new episode of Green Marbles. In the first vintage of the new year, G3 (Sleep Score: 83) is delighted to have Jordi Visser (Sleep Score: 81) on the other side of the mic. Right now, 2023 predictions are fresh in everyone's minds and investors are hoping ‘23 won't be a repeat of ‘22. But no matter how the year unfolds, Jordi believes it is important to have a game plan that can guide one’s thinking.

Please check important disclosures at the end of the episode.

Time Stamps:

• What will signal the start of a recession in the US economy? [9:21]
• If recession signs emerge, how will it unfold and how should investors adjust? [11:33]
• What could happen to make Jordi revisit his views on the Fed? [14:44]
• What are the potential adjustments investors may need to make related to China? [20:30]
• What are the main systemic risks lurking on the horizon? [25:11]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

After analyzing preliminary Kentucky Derby prep races, Jordi shares his early perspectives on the 2023 race, as well as data you won’t find elsewhere.

G3 and Jordi have just one thing left to discuss before they close out the year, and that is the Kentucky Derby, also known as the Run for the Roses, or the most exciting two minutes in sports. So why are they going to devote the final episode of 2022 to the Derby? Well, that's easy. It's because the race is only 127 days away, and there's nothing like the Derby to prime you for thinking about the markets heading into the upcoming year.

Please check important disclosures at the end of the episode, pour yourself some mint julep-flavored eggnog if you'd like, and get ready to hear Jordi's preliminary analysis on next year's race.

Time Stamps:

• Will there ever be a race that tops Rich Strike's incredible win? [3:18]
• Which horses have caught Jordi’s attention this season? [11:45]
• How does Jordi’s approach to handicapping translate to his approach to the markets? [17:32]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi looks back on 2022 and anticipates possible surprises for 2023.

On today's episode, G3 gets Jordi's take on next year, aka 2023. They talk about inflation. They talk about a recession. They talk about the Fed. And last but not least, Jordi shares his outlook on equities.

Please check important disclosures at the end of the episode, sit down by the fire, and get ready for Jordi's look on the year to come.

Time Stamps:

• How does the economy look as we come to the final stretch of 2022? [2:43]
• What is Jordi’s take on the consensus for a full-on recession next year? [5:54]
• How attractive are US equities compared to international equity markets? [11:04]
• What are Jordi’s nominees for surprises of 2023? [15:05]
• In lieu of new year’s resolutions, what are Jordi’s health and happiness goals for 2023? [18:51]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

From humble beginnings to Wall Street icon, Olympic athlete, and philanthropist, George Weiss shares his incredible story.

On this special edition of Green Marbles, G3 welcomes Jordi and, for the first time, George Weiss himself. That's THE George Weiss, the living legend of Wall Street. The guy whose name is on the door at Weiss Multi-Strategy Advisers and who continues to use that door frequently because he remains a steady presence in the office. In addition to his amazing career, George has great stories to tell about his life outside of Wall Street, some of which we were able to keep in the episode.

Please check important disclosures at the end of the episode and get ready to get to know George.

Timestamps:

●George provides a brief synopsis of his life story. [2:03]

●Is the concept of a market neutral strategy George’s north star, or did he stumble upon it? [7:18]

●What are the circumstances under which George hired Jordi? [8:51]

●What drew Jordi to Weiss? [11:15]

●How do George and Jordi share decision-making responsibilities for the firm? [18:45]

●How has Weiss managed the leadership transition at the firm?

●Ever an athlete, George tells of joining the US Olympic team at 60. [36:08]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi Visser does a comparative analysis of global markets and suggests why the best opportunities may be found outside of the United States.

Hello, Merhaba, Bonjour, Hola, Shalom, Zdrȁvo , Namaste, Hallo, Salaam, Tere, Konnichiwa, and Sveiki and Hujambo. In this week’s episode, G3 is joined by Jordi Visser and they are going to shed their US-centricity and talk about why going beyond the borders of the US makes good sense when looking at markets that can outperform in the years to come.

So, if you could, please grab a mental passport, and check important disclosures at the end of the episode. And please rate the podcast if you can. We’re fortunate to have a growing audience all over the world, but rating the show helps it travel further.

And with that, Bem Vinda.

Timestamps:

●What does Jordi mean by the Great Global Rotation? [2:53]

●How did tech and US equities become significantly overweighted in global benchmarks? [7:10]

●What catalysts will get the ball rolling for the Great Global Rotation? [10:21]

●How will the shift toward onshoring and energy independence impact US and Emerging Markets? [14:35]

●Will one country dominate global benchmarks moving forward? [17:21]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Mike Edwards shares his insights on the US midterms, frustrations in China, and global inflation.

This week, Weiss' Deputy CIO, Mike Edwards, joins G3 to discuss the recent US midterms and the ongoing protests in China. When it comes to politics and China, Mike is extremely well-informed on both the facts and the nuances. Please check important disclosures at the end of the episode.

If you like what you hear, please rate and review this podcast.

Timestamps:

●Why did the US electorate defy conventional wisdom in the midterms? [1:34]

●Is the press accurately portraying the frustrations over China’s lockdown policies? [5:50]

●What is the significance of the white paper phenomenon in China? [9:03]

●Will the protests in China lead to changes in how the government manages Covid policy? [12:40]

●What impact will China’s re-entry into the world market have on global inflation? [20:48]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi Visser shares his thoughts on a plethora of topics, including books, learning, school, newspapers, and chatting with strangers.

Welcome to our first potluck episode. In this episode, G3 (Sleep Score:83) and Jordi Visser (Sleep Score: 86) put a bunch of things out on the table and hope that somehow they collectively add up to a good meal. The general theme of this episode will revolve around learning and taking in information. But we will have to see where it goes. Please check important disclosures at the end of the episode, and with that, Happy Thanksgiving.

Please rate and review this podcast if you like what you hear.

Timestamps:

• Does Jordi think books are a waste of time? [3:07]
• Which books have served as a pathway for Jordi’s learning? [6:02]
• Why did Jordi hate school so much? [11:11]
• How does Jordi incorporate aspects of IQ, EQ, and AQ when interviewing someone? [14:28]
• What makes newspapers so unreliable in Jordi’s estimation? [24:57]
• Why does Jordi prefer to chat with strangers vs. dining with friends? [28:34]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi Visser shares his thoughts on the latest economic data, the new market regime he foresees, and the state of the crypto market.

In this episode, G3 sits across the table from Jordi Visser. It’s been a while since Jordi was on the show to talk markets and nothing but markets, but it’s not because he doesn’t have his opinions. This week, Jordi’s back to discuss the new regime he sees coming and the economic data that he’s analyzing. Later, he and G3 also cover the carnage in crypto, and boy oh boy is there carnage.

Please check important disclosures at the end of the episode, and rate and review this podcast if you like what you hear.

Timestamps:

• What has Jordi so confident that we are entering a new market regime? [1:41]
• What is Jordi’s rebuttal to the argument that the run-up in asset prices is the result of temporary, seasonal factors? [5:58]
• What are the contours of a new market regime? [7:59]
• What asset classes stand to potentially benefit from increased flows? [9:47]
• What might happen to oil prices If the US avoids going into recession and/or the Chinese and European economies recover next year? [12:11]
• If Jordi’s market call is wrong, what happens instead? [15:20]
• Does the FTX situation change Jordi’s thesis on blockchain and crypto? [18:07]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this episode, G3 welcomes the one and only Lundy Wright of Weiss to talk about all of the talk around a Fed Pivot. Has it started? When will it start? What are the signs that a pivot may be coming? What does a pivot even mean? G3 checks in with Lundy to get his thoughts on these and several other related issues.

And after the discussion is over, instead of pivoting out of your chair, please stick around to hear important disclosures at the end of the episode.

Timestamps:

● Was the messaging from the last FOMC meeting incongruent? [1:43]

● What is the so-called Fed Pivot anyway? [4:24]

● How much does Thursday’s CPI print matter to the Fed at this point? [8:43]

● Lundy’s view on why rallies in risk should be faded.? [13:20]

● The Hobbesian choice between a “doom loop” of tightening rates or capitulating to another round of QE to finance America’s growing deficit? [18:40]

● What does “logical hopscotch” mean? [21:05]

● Who is Nick Timiraos and why is he worth paying attention to? [24:17]

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi and Mike review the sources of continuity, surprise, and uncertainty emerging from China's NPC and the impact on asset allocation, de-globalization, and inflation. This week G3 is joined by Jordi Visser and Mike Edwards to discuss China and where we go from here in the wake of China's recent National People's Congress. Together, they explore the impact of the growing distance in the relationship between China and the West as it relates to asset allocation decisions and money flows. They also touch on some of the nations and industries that stand to benefit from the West's rift with China. Please check important disclosures at the end of the episode and rate and review this podcast if you like what you hear. Timestamps: ● What are the key takeaways from the NPC? [1:04] ● What are the implications for China’s growth going forward in consideration of the Covid zero policy, property markets, and consumer health? [5:45] ● Will the forced removal of Hu Jintao from the NPC’s closing ceremony have a lasting impact on how the West perceives China? [9:30] ● How does Xi Jinping’s dominance impact markets? [12:21] ● Has the widening rift between China and the West affected global asset risk premiums? [14:27] ● Is China investable moving forward? [21:34] ● Is there evidence of capital flight from China? [24:06] Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi and Mike review the sources of continuity, surprise, and uncertainty emerging from China's NPC and the impact on asset allocation, de-globalization, and inflation. This week G3 is joined by Jordi Visser and Mike Edwards to discuss China and where we go from here in the wake of China's recent National People's Congress. Together, they explore the impact of the growing distance in the relationship between China and the West as it relates to asset allocation decisions and money flows. They also touch on some of the nations and industries that stand to benefit from the West's rift with China. Please check important disclosures at the end of the episode and rate and review this podcast if you like what you hear. Timestamps: ● What are the key takeaways from the NPC? [1:04] ● What are the implications for China’s growth going forward in consideration of the Covid zero policy, property markets, and consumer health? [5:45] ● Will the forced removal of Hu Jintao from the NPC’s closing ceremony have a lasting impact on how the West perceives China? [9:30] ● How does Xi Jinping’s dominance impact markets? [12:21] ● Has the widening rift between China and the West affected global asset risk premiums? [14:27] ● Is China investable moving forward? [21:34] ● Is there evidence of capital flight from China? [24:06] Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

G3 is joined by Weiss' Mike Edwards to talk about Elon Musk's acquisition of Twitter. What are the implications of just one-man having control of the closest thing the world has to a town square? And how can Twitter, under Musk, impact free speech, the establishment of truth in our society, our markets, and the nature of our politics? No one knows for certain but as always, Mike has plenty of thoughtful insights to bring to the table. Please check important disclosures at the end of the episode, and rate and review this podcast if you like what you hear. In fact, you could tweet about it if you wanted. Timestamps: • What are the possible implications of Musk’s Twitter acquisition? [1:35] • What is the State of Delaware’s role in this deal? [4:15] • What is the significance of Musk’s sphere of influence? [8:05] • Is there an issue with the degree to which Musk is perhaps a Russian sympathizer? [11:08] • What are the implications of giving everyone a voice on Twitter? [16:04] • Could the liability shield of the Telecommunications Act be eroded over the next year? [18:34] • Musk’s other companies offer him leverage but how useful is that? [25:01] • Will Musk’s love of drama impact markets? [28:31] Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

For the first time ever, G3 and Mike Edwards welcome an outside guest to the show, Sultan Meghji. Until recently, Sultan was the Chief Innovation Officer of the FDIC and an advisor to the Biden Administration on technology policy. Sultan is currently a professor at Duke University and an advisor to Reciprocal Ventures, America’s Frontier Fund, and several other companies. Sultan also serves as a non-resident scholar at the Carnegie Endowment for International Peace, Distinguished Member of the Bretton Woods Committee, and Visiting Fellow at the National Security Institute. In the past, Sultan was an advisor to the US Government on numerous issues including AI, cybersecurity, and quantum computing. He’s also been a serial entrepreneur who has founded companies that span Fintech, Life Sciences, and Information Technology. A final note: given the considerable scope of Sultan’s experience, this week’s episode is significantly longer than normal. We think it was worth it to break the convention and hope you do as well. Timestamps: • 10:45 what are the signals and the noise with the Russian-Ukraine situation in the near term? • 18:07 is the use of tactical nuclear weapons a possible outcome in the future? • 25:24 are markets pricing in a nuclear war in Ukraine? • 29:17 how does Iran respond when viewing Russia’s nuclear leverage? • 38:05 in terms of the CHIPS Act, what are the response vectors from the PRC? • 45:48 how does immigration impact national cyber security? • 50:12 what are Mike and Sultan paying attention to on the political front? Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Across the green marbles table from G3 today is Jordi Visser, and they will continue with Part 2 of their discussion on health span and longevity. In this episode, they will talk specifically about the convergence of biology and technology and the enormous implications that they may have in the years to come. So please check important disclosures at the end of the episode and stick around for a while. And if you like what you hear, please feel free to give us a rating because it's good for the health and longevity of this podcast. And with that welcome. Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Across the green marbles table from G3 today is Jordi Visser, and they will continue with Part 2 of their discussion on health span and longevity. In this episode, they will talk specifically about the convergence of biology and technology and the enormous implications that they may have in the years to come. So please check important disclosures at the end of the episode and stick around for a while. And if you like what you hear, please feel free to give us a rating because it's good for the health and longevity of this podcast. And with that welcome. Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On this episode, G3 has an actual water cooler conversation with Jordi Visser, where they discuss how the convergence of data and analytics, AI, and the wealth of the baby boomers will lead to dramatic changes in our approach to living longer, healthier lives. Now, Jordi believes that, as people live longer and healthier, it will have a profound impact on the markets and our economy, and we will be exploring all of that in the weeks and months ahead. But to establish the context for this longevity series, I spoke to Jordi about his own health journey, because as anyone who knows him knows, he's obsessed with anti-aging and has gone way down the rabbit hole on this topic, and believe me, he's got lots to say. So please check out important disclosures at the end of the episode and get ready for a different kind of green marbles. Disclosure: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Any health-related information shared on the podcast is not intended as medical advice or for use in self-diagnosis or treatment. Please consult a qualified healthcare professional before acting upon any health-related information on the podcast. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On this episode of In Search of Green Marbles, G3 will be talking about the upcoming midterms with Weiss’s Mike Edwards. Our focus will be on assessing the probabilities of how things will shape up this fall and discussing the potential impact on markets associated with the different outcomes. And on an editorial note, after we recorded this episode, Mike spent a day on Capitol Hill meeting with legislators and their staff. So, G3 reached out to him by phone to record an addendum to this episode and he kindly obliged. The sound quality is a little different, but as usual, Mike speaks with a very clear voice. So please check disclosures at the end of the episode and with that welcome.

View Details

We recorded this episode of In Search of Green Marbles on Wednesday, Sept 21st in the afternoon, after the Fed decision, and after the Fed press conference. With G3 to talk about the Fed and where we go from here is Weiss’s bond expert, Lundy Wright. Lundy has been watching and trading the bond markets for a long time and brings a ton of wisdom to the table. So please check important disclosures at the end of the episode and get ready for this one. And with that, welcome. Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Greetings everyone. On this week’s Green Marbles, G3 has Jordi Visser on the other side of the mic to talk about a topic near and dear to his heart. Have you guessed it? The topic is Crypto. In the wake of the recently reported August CPI number, you may be wondering how the crypto bulls like Jordi are feeling. And G3 was certainly interested in getting Jordi’s viewpoint, especially because of the widely anticipated Ethereum merge and all the implications that could follow. They get into that as well as many other crypto-related topics on this week’s podcast. So please check the disclosures at the end of the episode and stick around for this one. And with that, welcome. Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Are better times ahead or will we have a fall of pain? That’s the key question we’re going to address today. We are back to our regular schedule here at green marbles. And today, G3 is joined by Jordi Visser, the president and CIO of Weiss, who is looking forward to getting back into the swing of things. So please, check important disclosure at the end of the episode and get ready to hear Jordi’s take on the markets, the economy, and sentiment. And if your sentiment is so inclined, you can engage in a random act of bullishness and rate our show. We’d appreciate it. Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

As we close out summer and head into Labor Day weekend, we decided to re-air one of our most listened to episodes thus far, which features our resident expert on all things fixed income and the Federal Reserve, Lundy Wright. Given the nature of the topics for this episode, we believe this episode remains highly relevant in the current market regime.

Thank you to our loyal listeners. We will be back next week with a new episode.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Some folks may have heard this week’s episode (43 - Sino-US Relations—It’s Complicated) prematurely released as episode 42 (Chinese Policy & Politics (See Resources)); 42 and 43 are companion episodes so if you’ve heard one, please take this opportunity to listen to the other and we do apologize for any confusion.

In this episode, G3 continues the discussion with Mike Edwards on China policy, here focusing on Sino-US relations and how the US is perceived by China's policymakers. In short, it's complicated. However, Mike draws upon his experiences and interactions in and with China to delineate the competing schools of thought when it comes to dealing with the West. As part of the discussion, Mike also covers America’s doctrine of strategic ambiguity and current tensions over Taiwan, the Russia-Ukraine situation, and the tightrope that Chinese policymakers are walking leading into the 20th National Congress of the Chinese Communist Party.

Resources:

• Episode 42: Chinese Policy & Politics
• Taiwanese President Tsai Ing-wen observes live-fire drill from warship in camouflage
• What is America’s policy of “strategic ambiguity” over Taiwan?

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, G3 is going to present the second episode of our summer primer series. In this series, we step away from the latest trends in the market and instead focus on topics that we believe can serve as useful building blocks for overall market understanding. Here, G3 talks to Mike Edwards, Weiss's deputy CIO, about how the Chinese government is organized and how things operate in practice. Mike does a great job of demystifying several longstanding questions G3 has had, and we hope you get as much out of this discussion as we did. And as always, please check disclaimers at the end of the episode.

Resources:

• Xi Jinping: From princeling to president
• Wolf Warrior Diplomacy
• Sinica Podcast
• Sinocism newsletter

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, we’re going to mix things up in a few ways. Number one, G3 hosts both Jordi Visser and Mike Edwards from Weiss. And number two, rather than talk about China, crypto, inflation, or the Ukraine conflict in a narrow sense, we are going to focus instead on Europe in general and the potential uncertainties emanating from there. So please stick around and check out important disclosures at the end of the episode. And if you feel like throwing some positive karma our way in the form of a review, we’d appreciate it. And with it, welcome.

Resources:

• A German word for how others see Germany’s gas crisis: Schadenfreude
• Draghi’s political downfall: How power imploded in Italy and what happens next
• The Transmission Protection Instrument

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, G3 hosts Weiss’s CIO and President Jordi Visser, who provides his overall assessment of where things stand in markets. Listeners of this podcast, and those who follow Jordi on Twitter or through his webinars, know that he has been very constructive on equities and crypto for some time. Does he still hold those views based on what he’s seeing or has he changed his tune? Well, please stay tuned to find out, and of course, as always, please check important disclosures at the end of the episode.

Resources:

• Jordi’s webinar: Bad Sentiment, Good Opportunity
• A Manhattan Project-style effort against COVID
• Europe’s unprecedented natural gas crisis

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today we have two members of the Weiss team, Jordi Visser and Laura Drobbin, to talk about Weiss’s recent NFT drop. That’s right. Weiss dropped an NFT, which is a portrait of the firm’s founder, George Weiss, set against a pixelated cityscape, with important touchstones of his life incorporated into the work.

To our knowledge, this drop represents a first for a traditional financial services firm, and no, it is not for sale. But it is most definitely designed to plant a flag – or innovation flag to be more precise. So please check out disclosures at the end of the episode and get ready to hear our discussion about non fungible tokens. This one, you don’t want to miss.

About: Consistent with its mission to invest in people, partnerships, and a purposeful future, Weiss Multi-Strategy Advisers launched a weekly podcast, In Search of Green Marbles, in November 2021. In each episode, Weiss leaders provide differentiated insights (i.e., green marbles) that aim to help institutional investors, financial advisors, and individuals identify actionable investment themes amidst the noise in today’s market environment. Primary topics of discussion include exponential innovation, the US-China relationship, longevity’s impact on financial markets, and the latest economic themes. Hosted by G3, featured guests include Weiss President and CIO Jordi Visser, Deputy CIO Mike Edwards, and Senior Vice President and Portfolio Manager Lundy Wright.

View Details

Today we are going to present the first of our summer primers. In these episodes, we’ll take a step away from the latest trends in the market and instead focus on topics that can enhance our overall understanding of how markets work. And for our first session, G3 sat down with Weiss’s Jordi Visser to discuss how he extracts insights from the equity options market, which can offer important clues as to the state of markets in general.

So, whether you are at the beach or not, we invite you to kick back and join us for this one. But please, just make sure to check important disclosures at the end of the episode from our lifeguard, otherwise known as our Compliance department.

Resources:

• SEC’s listed equity options market structure
• Overview of Gamma
• The Put-Call ratio explained

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this discussion, we focused on inflation, the biggest topic on the minds of investors everywhere. Unlike previous episodes in which we covered it by analyzing monetary policy or the Fed, we are going to look beyond those factors and examine inflation from a public policy and political perspective. Joining G3 is Weiss's Mike Edwards. Please check important disclosures at the end of the episode and stick around for this one. As usual, Mike doesn't disappoint.

Resources:

• Overview of West Virginia v. Environmental Protection Agency (EPA)
• Implications of West Virginia v. EPA for Crypto
• Gavin Newsom goes on the air against Ron DeSantis as political rivalry grows

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this episode, G3 speaks with Weiss's Mike Edwards about a host of issues that all tie back to a recurring theme. The theme relates to the unintended consequences associated with American policies and principles on sustainability, foreign policy, trade, and human rights. All of which were conceived when inflation was low, we didn't have a war at Europe's doorstep, and US-China relations were more stable. But, times have changed. Please check important disclosures at the end of the episode and stick around for Mike's assessment of how these critical issues could play out.

Resources:

• Origins of the phrase “Guns and Butter.”
• Are sanctions actually hurting the Russian economy?
• Biden turns to Saudi Arabia trip
• The Anatomy of Germany's Reliance on Russian Natural Gas

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

The Fed is still jawboning about inflation and talking as tough as it possibly can. Many market sages are following suit by making dire predictions of the intractability of current inflation, but Weiss's Jordi Visser is looking at things differently. He is beginning to use the term 'deflation' as he articulates his analysis. In this episode of In Search of Green Marbles, Jordi and G3 talk about the recent data he has seen on growth, inflation, and debt and why in his view we aren't headed into a 1970s-style period any time soon. And if you could, please tell someone you know about the show and check out important disclosures at the end of the podcast.

Resources:

• Jordi’s most recent webinar
• Michael Burry on deflation via the “Bullwhip effect.”
• Total Public US Debt

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, G3 sits down with Weiss’s Jordi Visser to talk about how he’s looking at the markets. In recent months, Jordi has made no secret of his view that risk assets could end the year higher. That position has put Jordi outside of the consensus, a place in which he’s comfortable. That call hasn’t worked out so far. So today, they’ll dive into Jordi’s reasoning and rationale and put that in the context of Adaptability Quotient (“AQ”), Behavioral Alpha, and speed chess all in this episode. And if you could, please tell someone you know about the show and check out important disclosures at the end of the podcast.

Resources:

• 2020: The Year of Speed Chess & the Birth of Bitcoin as an Asset Class
• Asia’s Supply-Chain Strains Start the Long Healing Process
• Why diets don’t work

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Ever since May's CPI print blew away expectations, the already jittery global capital markets have become even more unsettled. And on Wednesday, June 15th, the Fed responded by raising rates 75 basis points, which is the first time the Fed has hiked by that amount since November 1994.

Back then the Fed was pretty successful in engineering a soft landing in the economy, but the circumstances are very different this time around. To make sense of it all, we are pleased to welcome Weiss's bond expert Lundy Wright. So please check disclosures at the end of the episode and get ready for this one.

Resources:

• What is Yield Curve Control?
• Bank of Japan’s Kuroda 20-year Fight Against Inflation
• Is the Fed Still in Fantasy Land?

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

If you attend a crypto conference these days, you’d be hard-pressed to find many people who are bullish on Bitcoin as we head into the second half of the year. But Weiss’s Jordi Visser doesn’t look at the largest crypto asset like others do. He sees Bitcoin as part of a macro story that features China in a starring role.

Today, G3 talks with Jordi about the green marbles he’s found on why Bitcoin and China are linked, and we’ll also discuss the role played by animal spirits. So please stick around, check important disclosures at the end of the podcast and get ready for one of the most bullish takes on Bitcoin you’ll find just about anywhere.

Resources:

• The Morning Seeds
• China’s Big Tech is poised for a reprieve
• How UST broke and what’s next for Terra

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

When handicapping how markets will perform during the second half of the year, there is perhaps no bigger X factor than China, both in terms of how the government will act to combat the omicron variant while trying to open up and in terms of how its government will seek to stimulate its economy.

On today’s episode, G3 has Weiss’s deputy CIO Mike Edwards on Green Marbles to help make sense of it all. You may want to take notes on this one and also take note of our disclosure at the end of the episode. And with that, welcome.

Resources:

• Chinese mRNA COVID booster stronger against Omicron than Sinovac shot -trial data
• China releases 33 new stimulus measures
• Xi heads to crucial party congress facing doubts

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Resources:

Lessons from Blink, by Malcolm Gladwell

Bill Dudley on the Fed’s posture towards the stock market

The importance of sleep for optimal cognition and well being

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, we talk about the interaction between politics and inflation and whether markets, policymakers, and politicians are aligned or not when it comes to managing and messaging around this topic. Joining G3 is Mike Edwards Weiss' Deputy CIO and resident policy expert at the firm. Mike also knows quite a bit about politics, which like it or not, has to be part of the conversation given the pain Americans are feeling at the pump and the grocery store.

Resources:

• Inflation, Russia-Ukraine war draw G7 finance leaders' focus
• Biden’s politically perilous choice on China trade
• Biden-Bezos feud

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Today, G3 speaks with Weiss' president and CIO Jordi Visser on the volatile markets and the accompanying rhetoric that has been causing widespread agita, doomsday predictions, and plenty of sleepless nights. We'll also do a quick recap on the exciting outcome of this year's Kentucky Derby. Because while the race only happens once per year, the lessons can last all year long. If you like what you are hearing, please don't be shy and rate us wherever you get your podcasts, and don’t be shy about checking important disclosures at the end of the episode.

Resources:

• Rich Strike Wins 2022 Kentucky Derby in Massive Upset
• Amid global chaos, the tech industry takes a rare tumble
• Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

On Saturday, May 7th, the 148th Kentucky Derby will take place at Churchill Downs. In another tradition not quite as old, Weiss’s Jordi Visser has published his annual paper ahead of the race that dissects the Derby in his highly analytical and data-intensive way. I’ll talk to Jordi about his paper and get his take on how this year’s race is shaping up. So, if you already like the Derby, you’re in for a treat. And if not, I’d urge you to stick around anyway because the thing about the Kentucky Derby is that it’s more than about the Kentucky Derby. Just check disclosures at the end of the episode.

Resources:

• Jordi’s Annual Write-up for the Kentucky Derby
• @JVisser_Weiss on Twitter
• Mo Donegal Sparks Derby Dreams for Crawford & Donegal
• 2022 Santa Anita Derby 2022
• The Wood Memorial 2022

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

No matter who you speak to these days, the big topic in the markets is the same: Are we headed for a recession later this year or next year? Listeners of this podcast will know that Weiss’s Jordi Visser has not been shy in speaking about this topic and in articulating the balance of probabilities associated with where stocks, crypto, and bonds are headed. In this episode, G3 checks in with Jordi to get his latest thinking on these topics and to learn more about the data he’s seeing that’s driving his assessment.

Resources:

• The Tequila Crisis of 1994
• The Computer, Time Magazine's Machine of the Year

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

It is like a prom, reunion, and Mardi Gras wrapped up into one. You can visit all three parties during a day that feels like it will never end. No matter your age, the Derby makes you feel young. The Derby is a bucket list experience not to be missed. That is how Jordi Visser described the Kentucky Derby in his 2021 annual analysis of the race. Fortunately, it is Derby season again. This week we are going to get Jordi's view of how the 148th Run for the Roses race is shaping up. Jordi explains how handicapping the Derby helps him and Weiss analyze the financial markets.

Resources:

• Jordi’s 2021 Kentucky Derby Write Up
• The history of the Kentucky Derby
• Court of Appeals Rebuffs Baffert Suspension Stay Motion

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In this week’s episode of In Search of Green Marbles, G3 speaks about Bitcoin, ethereum, crypto, and web3 with Weiss’s Jordi Visser. Followers of Jordi’s work know that he’s been bullish on Bitcoin and Ethereum for some time, but interestingly, as 2022 has unfolded, even many crypto bulls, including those in the space, have turned bearish. That is not the case for Jordi. So please check disclosures at the end of the episode and get ready for a bullish perspective for 22’. Please also note that unlike most episodes, which drop 48 hours after recording, we recorded this episode last week.

Resources:

• Bitcoin as the Way Forward
• Constitution DAO
• The Crypto Talent Boom

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Ever since the winds of war in Ukraine started blowing much has been made of the supposed rock-solid alliance between Russia and China. As conveyed by some in the Western media, Putin's Russia is a vassal to China, and therefore China is implicated in the war whether it likes it or not. But Weiss' Mike Edwards has a different and far more comprehensive view of the China-Russia relationship as it relates to this war, what it means for financial markets, and how deep the alliance runs.

Resources:

Australia’s PM chilling warning on ‘arc of autocracy’ amid China, Russia tensions

Beijing’s message to financial markets: We’re listening

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Resources:

Concentration is Leverage by Michael Edwards

Book review of "When Genius Failed"

The Year of Speed Chess and the Birth of Bitcoin as an Asset Class

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

The situation in Ukraine is abhorrent. As commodities continue their volatile ride higher, well-known, and revered market participants are warning of an impending recession, or worse, and then there is the Fed. The Fed has gotten hyper-hawkish in a hurry with talk of multiple 50-basis point hikes on the table. If you combine these points, it is easy to understand why so many market participants have become so bearish. Weiss's Jordi Visser sees things differently. He thinks we will likely hit all-time highs for the S&P this year.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Now that the Fed has finally hiked rates, which surprised no one, we should expect to see a sea of prognosticators turn their attention to what the future holds for Fed policy. In this episode, Host G3 speaks with Weiss's Lundy Wright about structural forces that play into future Fed decisions. Lundy has been watching the Fed for decades and brings a perspective and wisdom to the table that few others have.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Oil is making dramatic moves. Metals, grains, and other commodities are also snapping heads. Meanwhile, as Ukraine's Volodymyr Zelensky inspires the world, American and European leaders are talking tough and expressing a willingness to endure pain in pursuit of punishing Putin's aggression.

As the headlines roll in at a furious pace, it is understandable why allocators, financial advisors, and investors may be concerned that the current crisis could lead to financial contagion.

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In the second part of this two-part series on de-dollarization, G3, CIO Jordi Visser and Deputy CIO Mike Edwards convene to discuss the role of the dollar in the emerging technology battle between China and the US, how crypto may figure into a de-dollarizing world, and the scenarios under which the dollar can reassert itself globally. The conversation begins with an in-depth discussion on how the technological battle between the US and China is connected to efforts by both superpowers to assert the role of their respective currencies. In analyzing the current state of play, Mike discusses China’s potential supremacy in the area of quantum computing and reminds us that China has greater ability to think long-term when it comes to using technology to advance its currency. Additionally, now that VC dollars have filtered throughout the world and are significantly less invested in the US compared to the 1990s, Jordi maintains that the blockchain will be disruptive to all incumbents, especially to mega cap technologies companies.

To better understand what will likely cause de-dollarization rates to hasten, Jordi describes a three-pronged scenario in which oil prices continue to climb until climate change is resolved, inflation rates in the US will exceed global norms, and how Web 3.0 will accelerate blockchain competition. To conclude the conversation, G3 quizzes Jordi and Mike on some greenback trivia.

Resources:

The US-China race for quantum supremacy

How Big Tech is slowing innovation

The rise of using cryptocurrency for business

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In 1996, the columnist Thomas Friedman said that no two countries that both had McDonald's had fought a war against each other since each got its McDonald's. Unfortunately, that theory, known as the Golden Arches Theory of Conflict Prevention, hasn’t aged well. Indeed, economics and trade may still matter in many parts of the world, but when it comes to analyzing the situation in Ukraine and understanding Vladimir Putin's motives, the Western playbook may not be of much use anymore. In this episode of In Search of Green Marbles, G3 speaks with Weiss's deputy CIO, Mike Edwards, to learn how he's analyzing this very tense situation that has the world, and the financial markets in particular, on edge.

Resources:

Nord Stream 2

Germany’s former Chancellor Gerhard Schröder to join Gazprom board

Trump Administration lifts sanctions on aluminum giant Rusal

The Joint Comprehensive Plan of Action (JCPOA) at a Glance

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

For just about every American alive today, there have been not two certainties in life, but three. Yes, death is a certainty, at least for now, taxes are a certainty too, but then there’s the dollar. Sure, it goes up and down, but dollar dominance across the world has been constant for many decades. And that dominance has played an important role in the projection of American power and influence. But now there is reason to believe that we are entering into a new phase, which we are calling de-dollarization. In the first of a two-part series, G3 sits down with CIO Jordi Visser and Deputy CIO Mike Edwards to discuss this critical issue.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Fed watching has become a national sport of sorts. Given the unprecedented actions taken by the Fed to navigate the country through Covid, this sport has perhaps grown faster than any other in our nation’s recent history. And, of course, what sport would be complete without a constant stream of new information to analyze? For that, we have economic numbers that drive the narrative behind the great guessing game of what the Fed will do, and when. In this episode, G3 chats with bond pro, Lundy Wright, Senior Vice President and Portfolio Manager at Weiss, to put the Fed’s actions and recent economic data into context.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Resources:

1. Rotation or Systemic Webinar

2. Bayes' Theorem

3. NDX

4. The S&P 500 Earnings Yield

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Resources:

How the Blockchain Will Radically Transform the Economy

Why Blockchain Companies Fail

What are DAOs?:The Future of Organizations

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Jordi’s new paper has it all—juggling, neuroplasticity, his Bayesian views of asset allocation, and why reading books is a waste of time.

How does rabbit hole learning relate to the art of juggling? A formative experience for Jordi was meeting Jill Bolte Taylor who helped him understand that you can structurally change your brain by learning new things. Juggling, in fact, will change the brain and, while it is harder to learn this skill as an older person, the benefits are the same as that of a younger person.

Jordi’s prognostications for 2022 were a somewhat insignificant part of the paper, which flies in the face of most people getting out their crystal balls this time of year. This was largely because Jordi views Web 3.0 as being a car in the left lane doing 150 mph while everyone is focusing on the car in the right lane with hazard lights on doing 45 mph. With the talent and capital flooding the crypto space, Jordi was deliberate in minimizing the traditional world.

Jordi thinks Bitcoin and Ethereum will continue to outperform in 2022 because they are representative of an ecosystem. The key distinction here is that it is a mistake for investors to think they can pick successful companies or entrepreneurs as they did with Web 2.0. In other words, it’s not about companies this time around, it’s about the ecosystem, and investors cannot apply the same framework to both.

The talent and capital drain on traditional finance will have huge implications. Channeling Brené Brown’s quote, “vulnerability is the birthplace of innovation, creativity, and change,” Jordi says that senior leaders at the traditional banking firms have to be vulnerable and willing to get into something that they know very little about. They must embrace change rather than think the solution is giving employees more money as an incentive not to defect.

Jordi has always believed that books are a waste of time. This is particularly true when the topic is crypto because it’s moving too fast for anything in a book to not be dated or stale. Another example of this is mRNA technology. In both cases, the technology is moving too quickly for the publishing process of a book to keep pace. In Jordi’s view, this discounts Malcolm Gladwell’s notion of putting in 10,000 hours to become an expert because, by the time you have done so, you’ve missed so many other things. Alternatively, rabbit hole learning is probably more effective for crypto or NFTs, for example, because it is more tethered to the most current knowledge and applications of the space. This information is found on the internet or Twitter, not in books.

Finally, as the CIO of a firm that largely trades public equities, Jordi is so preoccupied with Web 3.0 and crypto because he believes Ethereum, Bitcoin, and the blockchain are disrupting the world. Therefore, there will be winners and losers. It is Weiss’ job to understand which companies stand to benefit from this disruption. In closing, juggling and rabbit hole learning both require neuroplasticity, which will be the theme of 2022.

But don’t read the book on how to juggle, just start!

Resources:

• Life After Picasso: Françoise Gilot
• Jill Bolte Taylor: My Stroke of Insight
• Brené Brown: Daring Greatly

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host G3 asks Jordi Visser, President & CIO, to detail his history of betting on horse races. A key theme is probabilistic thinking at the track, where it’s not necessarily about finding the winner. Further, Jordi discusses the similarities and differences of horse race betting vs. poker. Listen and subscribe to In Search of Green Marbles wherever you get your podcasts

Resources:

• History of the Kentucky Derby

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Weiss seeks to hire people with the right combination of IQ, EQ, and AQ. The latter is defined as adversity quotient or adaptability quotient. Jordi looks at specific traits in people to measure their AQ, which include flexibility, agility, curiosity, and learning. In addition, grit and resilience reflect the ability to overcome adversity, which is an equally important attribute.

The rise of quant strategies that accelerated in 2009 is an example of how Jordi and the firm had to be adaptable. The approach Weiss sought to take was a human+machine approach, reflecting the firm’s view that combining the two forces would lead to better outcomes. Today, the rise of cryptocurrencies is another example where adaptation to a changing environment will be needed in the years to come.

Jordi ties the September 11th attacks together with the famous Emerson quote: “Life is a succession of lessons which must be lived to be understood. He believes that AQ allows one to view 9/11 as part of a journey. This is hard with such a tragic event and, in Jordi’s case, when you lose your best friend, but the wisdom of knowing you can overcome adversity is paramount.

Can AQ be learned or nurtured? Jordi emphatically believes the answer is yes to both and he has sought to accelerate this process with the younger people at Weiss by getting them to open up about their experiences. His key question: What did you learn from this experience? This helps Jordi recognize an individual’s personal growth and wisdom.

The final topic of conversation is about Jordi’s grandmother, Tex, who served as Jordi’s inspiration around AQ and was the topic of a recent whitepaper that Jordi wrote. How do Seabiscuit, Cinderella Man, and Babe Ruth connect with AQ? Listen in to hear the answer.

Resources:

The history of AQ

Steve Hargadon on Ralph Waldo Emerson

Cinderella Man Preview

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

For context, the prior two episodes in our series on Web 3.0 define the concept of Web 3.0 and then delve into the pronounced, persistent, and pervasive nature of cryptocurrencies. Here, Jordi starts by making the connection between managing portfolios and running businesses, both having required him to investigate issues that he did not understand enough. In the past, this required him to spend time in China and Silicon Valley, but now, Jordi is investing his energy into NFTs.

Jordi says of all the things he has studied to fit within a macro framework, NFTs are possibly the most important and innovative approach to thinking that he’s ever witnessed. The two most important traits that impact Jordi’s macro thinking are the amount of capital and talent flowing into the area. But relative to other important trends, which took decades to impact the macro economy, NFTs are making an impact at an exponential pace.

Based on his early interest in the blockchain, Jordi references a TED Talk entitled, “How the Blockchain will Radically Transform the Economy”. Fast forward to today, Jordi found himself re-watching this TED Talk and finding that everything predicted about the blockchain then has materialized with NFTs today. Jordi and G3 acknowledge the hoopla surrounding NFTs in the art world, but when it comes to determining an appropriate valuation for digital art, Jordi recalls a lesson he learned at Manhattan College based on the famous quote that something is only worth what someone is willing to pay for it. So, in Jordi’s mind, it’s not a question if the $69.3 million fetched by Beeple in March for a digital work is worth it. In fact, Jordi believes the work may wind up being worth much in the long run, given its seminal place within the NFT art market.

Beyond art, the other area that Jordi sees NFTs impacting the broader economy include real estate, which Jordi says is the original non-fungible asset. The adoption is happening at a faster pace than even experts in the space can fully appreciate. Jordi is also bullish on so-called “experiential NFTs,” which enable people to relive special sports moments, and utility-based NFTs. The conversation concludes with a discussion of play-to-earn gaming, which Jordi believes is a global phenomenon that will have far-reaching implications for the macroeconomy.

How should allocators and individuals invest in NFTs? Please tune in to find out! Please subscribe to In Search of Green Marbles wherever you get your podcasts.

If you have any questions or comments, please email our host, G3, at G3@gweiss.com.

Resources:

• Ted Talk: How the blockchain will radically transform the economy
• Beeple $69-Million NFT’s Mystery Buyer Revealed by Christie’s
• Blockchain in Real Estate
• Top Shot Moments
• “The Dunk” by John Starks

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Even if you don’t think you’re trading China, if you are trading a market, you are trading China in one way or the other. In other words, there is no avoiding China for global market participants. That’s why this episode of In Search of Green Marbles is relevant to just about everyone.

The episode begins with Mike providing the necessary context when thinking about policy imperatives in terms of the relationship between policy and markets in China versus the US. If policy is the expression of intent to shape behavior through rules and incentives, in China, that happens on a very short feedback loop. In the US, this frequently happens on a broken feedback loop or a much longer loop. So, the ability to pivot and have impact is much shorter in China. This is a critical distinction when we think about the relative global policy and the synchrony.

Aside from synchrony, the other key pillar in Mike’s framework is globalization. As we think about globalization, Mike reminds us that since the fall of the Berlin Wall, the export of cheap Chinese labor has enabled market participants to inflate profit margins and keep the cost of goods down, while lifting millions out of poverty in China and creating a massive middle class.

Broadly speaking, the CCP is trying to keep people happy and satisfied enough that there’s no actual mandate for significant change. As a political force for stability, we are also seeing the echoes of a “Beijing Backstop” in markets, which is to say that large market moves or massive volatility, if destabilizing, is anathema to the very political legitimacy that has been so hard-fought over several regimes. This Beijing Backstop is different from the “Fed Put” in the US in so far as the former has more ballast to ensure that the will of the government is translated into the desired outcome.

Looking ahead to 2022, G3 ponders if it is possible for the Biden administration to advance a pro-climate agenda, appear to be doing something on inflation, and maintain the perception that they are tough on China. Practically speaking, Mike says no. Take, for example, solar panels. China is the largest, cheapest producer globally of solar panels and solar is a big part of the green agenda in the US. Having an anti-dumping case and massive tariffs on Chinese solar flies in the face of our priorities.

What would any discussion about Chinese policy and markets be without touching on the Evergrande situation? Mike asserts that the most important number to remember here is 89. That is the percentage of Chinese households that own their own home. By comparison, this number is 64% in the US, 60% in Japan, and 50-51% in Germany. So, when you talk about the role of the property market in the perceived well-being of the common person in China, it’s damn important. And with the diversification of personal net worth in China not being as robust as other developed markets, this creates a situation whereby the CCP cannot tolerate the level of protests and indignation if people were to experience their net worth crash due to a faltering property sector.

Finally, G3 and Mike discuss the possibility of an invasion of Taiwan. Mike cuts through the noise by reminding us that the threat of invasion is useful to Beijing and Washington for political reasons. However, at Weiss, we believe in the wisdom of markets, which would suggest that stock markets in Taiwan would not be at all-time highs and IP would be fleeing the island if the citizens were worried about an imminent invasion.

Please listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

Resources:

China’s “common prosperity” campaign

What is the Fed Put?

Homeownership and housing divide in China

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

For a recap of this week’s episode of In Search of Green Marbles, we’ll start at the end with an anecdote about a possible Leonardo da Vinci painting, Salvador Mundi. While there are questions about the painting’s provenance, just by the “maybe” aspect of it being a da Vinci, the price soared from $1,100 to $450 M in less than a decade. This is purely a function of narrative and scarcity, which reflects the nature of the blockchain’s value.

Picking up where episode three left off on Web 3.0, this one focuses on the persistent, pervasive, and pronounced nature of the movement and what this means for cryptocurrencies. To begin, Jordi states that in his discussions with sophisticated investors at pension plans, endowments, and foundations, most remain skeptical, afraid of being late to the party and/or simply do not know how to invest in the space. And for those with a long enough career to have experienced a few bubbles, this is a very hard story for people to believe. This isn’t surprising because it’s hard for people to separate the entrenched connection between governments and money. To unpack this narrative, Jordi refers to Yuval Noah Harari, who wrote Sapiens: A Brief History of Humankind, who said, “the most successful story ever told is money.” This perfectly illustrates the skepticism many have with the crypto space.

While the early phases were characterized by nefarious use cases and bubbles or volatility, the notion that crypto is a Ponzi scheme is a topic that G3 and Jordi take aim against. This idea in and of itself is laced with hypocrisy when one considers there is approximately $2tn hard currency, yet there are $140tn in assets. Furthermore, using the post-Lehman toolkit, M2 (cash, deposits, easily converted assets), grew by an astounding 30% in the last 20 months. This stopped stabilized asset prices and stopped everyone from selling at once, but the Ponzi scheme continued. The point is that the scrutiny applied to the crypto space should also be applied to the fiat system.

In the end, Jordi and G3 make the case that digital assets have inherent value due to scarcity and authenticity, just as is the case with physical assets. And because of rising inequality many, in effect, are saying, I like the crypto Ponzi scheme better than the old fiat Ponzi scheme because the former has more equitable distribution.

Please listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

Resources

• The Last Leonardo by Ben Lewis
• Sapiens: A Brief History of Humankind by Yuval Noah Harari
• It's a Wonderful Life
• BCG report on global wealth

Disclosures:

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In 2013, Weiss developed its human+machine approach to help the firm make better decisions related to asset allocation and talent assessment. There are three parts of the baseball card that are used to create a composite scoring basis: profit and loss, the ability to run a neutral portfolio, and turnover, or what is referred to internally as behavioral alpha.

Today the core engine of this approach is the same but, like with baseball, you had the original statistics, and now you have advanced statistics. Along these lines, what has changed over the years in Jordi’s estimation is that IQ is commoditized by computers.

If that’s true, where do humans still have an edge?

Jordi believes that the human’s edge is being able to be anticipatory, so while computers can now win at chess, it’s still better to have a human+machine vs. human or machine approach. Moving forward in a post-covid world, Jordi doesn’t believe that history will matter as much as it used to. If that’s the truth, computers and discretionary managers will be competing in a fairer fight.

The biggest advantage of the baseball cards has been transparency for all parties—management, portfolio managers, partners, investors, clients, etc. In general, this has fostered a sense of community as all parties feel involved. For the portfolio managers, in particular, it serves as a form of portfolio management therapy to visualize winning and losing patterns and it helps to talk through the scenarios that didn’t work. The distinction here is that the baseball cards act as a performance optimization tool rather than what Jordi calls autopsy risk management. Just the same, by having these analytics available daily, they act like a daily physical so that losing patterns can be detected before they become a larger problem.

Please listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

In Part 1 of a series, Jordi and G3 discuss Web 3.0, which is a decentralized internet that is home to crypto, NFTs, DeFi, and other permissionless applications. As someone who claims not to be a technologist but rather someone on a journey of curiosity, Jordi talks about Web 3.0 in a simple and straightforward way.

For context, Jordi sets the table by defining Web 1.0 as getting the internet onto everyone’s PC and Web 2.0 as bringing mobility and interactivity into the fold. The origins of Web 3.0 began on Halloween of 2008, right after the Lehman debacle, when Satoshi Nakamoto released their famed Bitcoin whitepaper. Fast forward to today, and a key aspect of the whitepaper, decentralization, is now at the center of Web 3.0. This is important considering that the birth of Bitcoin led people to begin thinking about the centralization of banking, corporations, and the government, and how this is adversely impacting their lives. Growing inequality has amplified this to an even greater extent.

One of the more exciting aspects of the conversation is a discussion of whether Amazon and Web 3.0 will get along. Jeff Bezos of Amazon famously said, “your margin is my opportunity.” However, Web 3.0 is essentially doing it in reverse and the users are saying, “your margin is our anger.”

Finally, on the topic of NFTs, or non-fungible tokens, G3 and Jordi discuss how property rights are a necessity to make a democracy a democracy, and how artists stand to benefit most from this movement. From an investor’s point of view, when you are determining when you should start paying attention to something, you must determine how fast the movement is, and this movement is fast.

Please listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

Resources:

• Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
• 2020: The Year of Speed Chess and the Birth of Bitcoin as an Asset Class by Jordi Visser
• “Your margin is my opportunity.” - Jeff Bezos
• Chris Dixon and Naval Ravikant discuss Web 3.0, crypto and NFTs

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host G3 and Jordi Visser, President & CIO of Weiss, ponder the implications of the organized and non-unionized labor force experiencing newfound leverage to dictate terms in an economy long on cash, but short on people to satisfy current demand. And is now the perfect time for a labor strike?

A pivotal question in this dialogue is whether labor unions have a point. Labor’s percentage of corporate profits has long been declining, and Jordi opines that corporate profits may be able to handle wages going up for a little while. The real issue is if inflation comes down next year while wages continue to move higher. This will be the most important story for companies at the idiosyncratic level and the overall market.

Jordi walks us through his framework for looking for the green marbles when studying how the labor issue will impact the economy. When doing so, Jordi looks for things that are pronounced, pervasive, and persistent. And all the data—ISM, employment, supplier, and household data—are showing signs that the labor shortage is likely to continue, which, of course, will impact GDP and inflation.

There’s an anecdote from Jordi’s training in handicapping horses that relates to how we should be thinking about taking a non-consensus view. It’s critical to understand that betting on the favorite is often not the right way to go because there is a lot of information built into those odds and, therefore, the opportunity to extract a disproportionate gain is not there.

Finally, G3 asks Jordi to talk about the future of work and how that will impact the markets. How does this all translate to the markets? Tune in to find out.

Please listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

Resources:

• The JOLTS Number (The Job Openings and Labor Turnover Survey)
• Civic Science – Crypto is Creating Newfound Wealth
• History of the International Longshoremen’s association
• ATA (The American Trucking Associations) Leads Legal Challenge to Biden Vaccine Mandate

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host G3 asks Jordi Visser, President & CIO, to detail his history of betting on horse races. A key theme is probabilistic thinking at the track, where it’s not necessarily about finding the winner. Further, Jordi discusses the similarities and differences of horse race betting vs. poker.

Resources:

• History of the Kentucky Derby
• Listen and subscribe to In Search of Green Marbles wherever you get your podcasts

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host “G3” asks Jordi Visser, President & CIO, to lay out his major investment themes of 2022. The topics for discussion include unsynchronized monetary policy, negative real yields, and stock market dependencies. Furthermore, there is an exploration of how the misery index and equities can both be at all-time highs.

Resources:

• The Misery Index
• Negative Real Yields
• Listen and subscribe to In Search of Green Marbles wherever you get your podcasts

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host G3 asks Jordi Visser, President & CIO, to zoom out from the headlines in order to focus on the big picture items that will matter in 2021 and beyond. The four topics of discussion are human longevity as a long-term investment theme, decentralization going from a dream to a reality, the blockchain as a problem solver, and Sino-US relations.

Resources:

• The benefits of decentralization
• Blockchain for dummies
• Listen and subscribe to In Search of Green Marbles wherever you get your podcasts

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host G3 asks Jordi Visser, President & CIO, to make the distinction between negative yields and negative real rates. Jordi opines why the negative real rate situation will likely stick around for a while. The conversation moves along to America’s current labor shortage and the impact of negative real rates on allocators.

Later, Jordi discusses why he thinks bonds are “ un-investable” and makes the case for energy, materials, and small caps. Finally, as someone who was in Brazil for the emerging market crisis in the 90s, Jordi shares his lessons learned from that experience.

Resources:

• Waiting for Godot
• Bespoke: Energy is 3.97% of the S&P 500
• Brazilian inflation
• Listen and subscribe to In Search of Green Marbles wherever you get your podcasts

Disclosures: This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any external site hyperlinked in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and has included hyperlinks only as a convenience. The inclusion of any external hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.

View Details

Host: Gregg Schoenberg, “G3”

Guest: Jordi Visser, President & CIO

Notes:

• What are the origins of the green marbles analogy?

• How do green marbles relate to the financial markets?

• The wisdom of the markets vs. the narrative of the markets. What does that mean?

• Green’s double symbolism: health and wealth

Resources:

• The world’s funniest joke, a Sherlock Holmes anecdote.

• Listen and subscribe to In Search of Green Marbles wherever you get your podcasts.

This podcast and associated content (collectively, the “Post”) are provided to you by Weiss Multi-Strategy Advisers LLC (“Weiss”). The views expressed in the Post are for informational purposes only and are subject to change without notice. Information in this Post has been developed internally and is based on market conditions as of the date of the recording from sources believed to be reliable. Nothing in this Post should be construed as investment, legal, tax, or other advice and should not be viewed as a recommendation to purchase or sell any security or adopt any investment strategy. Past performance is no guarantee of future results. You should consult your own advisers regarding business, legal, tax, or other matters concerning investments. Weiss has no control over information at any site hyperlinked to in this Post. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification, or ongoing monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. This is not intended to be an offer or solicitation of any security. Please visit www.gweiss.com to review related disclosures and learn more about Weiss.