Prediction Markets, Trump's Federal Reserve, Bitcoin Back to $100K, & MicroStrategy

Prediction Markets, Trump's Federal Reserve, Bitcoin Back to $100K, & MicroStrategy

I am excited to share this conversation with my good friend and investor, Michael Novogratz, to discuss the latest in the state of the markets. We are experimenting with a new format, so please send us your feedback if you have any. This conversation strips away the pretense around Bitcoin's volatility, MicroStrategy's leveraged gamble, and the mainstreaming of speculation with two Wall Street veterans who've traded through every crash and euphoria. From forced liquidation fears to prediction markets disrupting casinos and the slow invasion of crypto into trillion-dollar wealth channels, it's a blunt, unvarnished look at how risk, regulation, and the normalization of gambling are reshaping markets right now. 📚Mentioned in this episode: The Little Book of Bitcoin by Anthony Scaramucci The Wisdom of Crowds by James Surowiecki Dow 36,000 by James Glassman & Kevin Hassett Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation. Follow Anthony on X: https://x.com/Scaramucci Follow Novo on X: https://x.com/novogratz Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(273)

How Politics Destroyed American Universities - Neil Gross

How Politics Destroyed American Universities - Neil Gross

Neil Gross joins me for a conversation about what happened to the American college experience, how politics, polarization, and fear of speaking your mind have damaged one of the greatest institutions ...

25 Aug 34min

Chicago Is at a Breaking Point (But She Says She Can Fix It) - Susana A. Mendoza

Chicago Is at a Breaking Point (But She Says She Can Fix It) - Susana A. Mendoza

Today on Open Book, we're not joined by an author, but by a woman fighting to become the next mayor of Chicago. Susana Mendoza grew up in Chicago learning how to stand up to bullies, fight for what sh...

14 Aug 28min

The Secretive Family Behind a $13 Trillion Financial Empire

The Secretive Family Behind a $13 Trillion Financial Empire

Fidelity is one of the most powerful financial institutions in America, but the story of the family behind it has largely remained hidden. Justin Baer joins me to reveal how the Johnson dynasty built ...

11 Aug 35min

Ex-CIA Officer: America Has a 20% Chance of Splitting Apart - James Telfer

Ex-CIA Officer: America Has a 20% Chance of Splitting Apart - James Telfer

A former CIA officer sat down to write a "fun airport novel" and ended up putting a 20% probability on America actually splitting apart. James Telfer joins me to talk about what he saw from the inside...

6 Aug 29min

America is Deeply Broken (Here's How We Can Fix It) - Rye Barcott

America is Deeply Broken (Here's How We Can Fix It) - Rye Barcott

What does real courage look like when the cameras stop rolling, and the tribe wants you to fall in line? On this episode of Open Book, I sit down with Rye Barcott, Marine, author, and founder of With ...

4 Aug 34min

He Repaired My Marriage And Then We Lost Him Forever - Mike Maimone

He Repaired My Marriage And Then We Lost Him Forever - Mike Maimone

I got fired from the White House, my marriage was falling apart, and the guy who talked me off the ledge was my publicist, Howard Bragman, a man so full of life he'd call you 'numbnuts' one minute and...

30 Jul 30min

July 2026 Q&A: Will I Run For Office? How I Read So Much? How To Fix The American Education System?

July 2026 Q&A: Will I Run For Office? How I Read So Much? How To Fix The American Education System?

You send me the questions, I give you the answers, no filter, no spin, straight from the gut. This month: would I actually run for office, how I manage to read a book a week, why Independence Hall is ...

28 Jul 31min

The Heartbreaking Atrocity of The Ukraine War (And Why You Should Care) - James Verini

The Heartbreaking Atrocity of The Ukraine War (And Why You Should Care) - James Verini

After reading his book on the war in Ukraine, you will understand the significance of this conflict as you never have before. Putin thought he could topple Kyiv in days and convinced himself Ukraine w...

23 Jul 31min

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