Thanks Michael — always enjoy your great weekly links and circumspect thoughts.
I’ll throw in my two cents re the hype. Zoltan Pozsar is the lazy man’s analyst: marshalling a series of facts into a superficially impressive argument that serves as a substitute for wisdom.
I remain astounded that the barely coherent musings of a frantic autodidact have gained such notoriety. Verbose salesmen ought to always be treated with suspicion, in my opinion.
It's interesting you say that - I was just reading one of his pieces over dinner and found myself disagreeing with him more than I'd like.
To clarify, by the way, me including links here is not an endorsement. Instead, I include links to content that I'm personally keen on reading or listening to. That's the litmus test. And I've been wanting to read Zoltan's reports just to see what all the fuss is about.
I agree with you. I've enjoyed his thoughts on financial plumbing but it seems he has gone out of his circle of competence lately.
No worries. I thought that was the case regarding the links you include and suspected you may share a similar view. Appreciate your clarification nonetheless.
Lots of money to be made in “geopolitical” analysis these days. I think we’ll be seeing many more of the Pozser cast stepping into financial services / corporate advisory roles.
There’s an unfortunate scarcity of people who combine solid economics / finance research with international affairs. Batson from Gavekal (who has an anthropology background, I believe) is the only person who immediately comes to mind. He’s more economist than IR tea leaf reader though.
Thanks Michael — always enjoy your great weekly links and circumspect thoughts.
I’ll throw in my two cents re the hype. Zoltan Pozsar is the lazy man’s analyst: marshalling a series of facts into a superficially impressive argument that serves as a substitute for wisdom.
I remain astounded that the barely coherent musings of a frantic autodidact have gained such notoriety. Verbose salesmen ought to always be treated with suspicion, in my opinion.
It's interesting you say that - I was just reading one of his pieces over dinner and found myself disagreeing with him more than I'd like.
To clarify, by the way, me including links here is not an endorsement. Instead, I include links to content that I'm personally keen on reading or listening to. That's the litmus test. And I've been wanting to read Zoltan's reports just to see what all the fuss is about.
I agree with you. I've enjoyed his thoughts on financial plumbing but it seems he has gone out of his circle of competence lately.
No worries. I thought that was the case regarding the links you include and suspected you may share a similar view. Appreciate your clarification nonetheless.
Lots of money to be made in “geopolitical” analysis these days. I think we’ll be seeing many more of the Pozser cast stepping into financial services / corporate advisory roles.
There’s an unfortunate scarcity of people who combine solid economics / finance research with international affairs. Batson from Gavekal (who has an anthropology background, I believe) is the only person who immediately comes to mind. He’s more economist than IR tea leaf reader though.