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#1109 Vivek Ramaswamy On Using Money As A Weapon

The Pomp Podcast

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Creating Alpha

If China invades Taiwan and the US takes steps towards retaliating in some way economically or otherwise, an easy thing for China to do is to say that $1 to $2 trillion of market capitalization of Chinese stocks are illegal under Chinese law. I believe the WTO is likely to side with China on that. That's a geopolitical view, an underappreciated risk because of the ways in which these financial institutions like Black Rock and others are beholden China. If they warn investors about this risk explicitly, I don't think the CCP would like that very much. But my view is, if you want to be an active fund manager, generating alpha is a really hard thing to do

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