Exponential Etfs Exceptional Podcast

Ben Hunt Co-Founder and partner at Second Foundation Partners & Author at Epsilon Theory explains how pricing power has evolved in the financial services industry and explains how narratives are formed. This is the first part of a breathtaking conversation between Ben and Phil about how the financial markets are being turned into government utilities right before our eyes. This part of the discussion includes: Ben’s experience in academia Why Phil and Ben were each destined to end up in entrepreneurship Being right versus making money for clients Anatomy of a short seller Being early versus being wrong The market not rewarding deep work and the disconnect from intrinsic value The transformation of capital markets Pricing power: client ownership Pricing power: intellectual property Pricing power: government collaboration The narrative machine