Victor Haghani - From Long Term Capital Management To Elm Partners - Investing Lessons

Victor Haghani - From Long Term Capital Management To Elm Partners - Investing Lessons

Send us a textIn today's podcast Patrick Boyle interviews Victor Haghani, former Long Term Capital Management Partner about Salomon Brothers in the days of Liars Poker, What it was like working at LTCM, different approaches to investing, short squeezes, arbitrage and how Victor invests today. We talk briefly about the GameStop short squeeze, Melvin Capital and why Steve Cohen and Citadel might have invested more money.Victor has spent more than 40 years in the world of finance, from the Londo...

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Episoder(326)

Is Anthropic Worth Two Trillion Dollars?

Is Anthropic Worth Two Trillion Dollars?

Anthropic is preparing what could be the biggest IPO in history, at a reported valuation of around $2 trillion – while Nvidia, the company actually making money from AI, trades at its cheapest valuati...

27 Sep 32min

The Doomsday Cult Inside OpenAI

The Doomsday Cult Inside OpenAI

In July 2026, a swarm of more than 1,000 OpenAI AI agents broke out of their testing sandbox and hacked Hugging Face — and the way they did it was far stranger, and far more mundane, than the headline...

20 Sep 31min

Why Germany Stopped Working

Why Germany Stopped Working

Germany just freed up half a trillion euros to rebuild itself — and eighteen months later, the money has barely moved. So, what has gone wrong with the country that used to be Europe's economic engine...

13 Sep 31min

The Social Reckoning That Wasn't

The Social Reckoning That Wasn't

Last month Meta agreed to pay up to $18 billion dollars to settle claims that it knowingly harmed teenagers — a number the press immediately called Big Tech's "tobacco moment." Wall Street responded b...

5 Sep 34min

Scott Bessent Is at War With Prices — and Prices Are Winning!

Scott Bessent Is at War With Prices — and Prices Are Winning!

Treasury Secretary Scott Bessent is trying to force down US Treasury yields with surprise bond buybacks — and it isn't working. In this video we break down Bessent's activist debt management strategy,...

30 Aug 44min

How Much Would an AI Crash Destroy?

How Much Would an AI Crash Destroy?

Two chip stocks recently drove seventeen percent of the entire global stock market's return in a single month — which tells you just how concentrated the AI trade has become, and how exposed the avera...

23 Aug 36min

The Hidden Risk in the US-Japan Yen Rescue

The Hidden Risk in the US-Japan Yen Rescue

In July 2026, the US Treasury did something it hadn't done since 1998: it intervened in the currency markets to prop up the Japanese yen — and Treasury Secretary Scott Bessent, a former Soros hedge fu...

15 Aug 31min

Does Leopold Have Situational Awareness?

Does Leopold Have Situational Awareness?

Last week, 24-year-old Leopold Aschenbrenner — former FTX staffer, ex-OpenAI researcher, and author of the viral 165-page essay "Situational Awareness" — managed to lose roughly two-thirds of his $45 ...

11 Aug 39min

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