I am always smarter after talking with my friend Ben Hunt. He needs no introduction if you are a regular reader of my blog so I will get right to it.
If you want some more details on Ben and the episode scroll on down below….
Guest: Ben Hunt
Profile: Co-founder and Author at Epsilon Theory
What’s the Panic About:
Ben Hunt is back for his third Panic with Friends appearance. Ben is co-founder and writer for Epsilon Theory, a newsletter and website that examines markets through game theory and history. He is is a great writer, investor, and an activist for people to stop being dumb (my words, not his). Ben wants you to invest with your head on straight, which is something I am a strong supporter of. He has helped navigate us through the ups and downs of the crypto space in his past appearances, and this episode is no exception. You can listen to his first and second appearances anywhere you get podcasts. This time around – and following our crypto conversation with Vinny Lyngham from last week’s episode – Ben is giving his take on the bitcoin narrative. In this episode, I talked with Ben about his farm, raccoons (the real and financial kind), decentralization, the markets, how the bitcoin narrative has changed posts-crash, gold, the influence of Elon Musk, pricing power, why inflation is here to stay, and more. Enjoy!
The people pointing out the financial raccoons are oftentimes never going to be in a position of power. But you don’t have to be a trillionaire to have influence. Find your pack of people looking at these things with clear eyes and full hearts.
“Raccoons come to where the garbage is, and financial raccoons come to where the money is.”
“The notion that inflation is transitory is baloney.”
“When you’re in the position to be a raccoon, don’t be a raccoon.”
“Gold is now an insurance policy against central bank error.”
Also published on Medium.