I have no friggen idea and really don’t give a stuff but this little chat is interesting if only to see the ever entertaining Hugh Hendry in action (scroll through to his bits). I always get the impression that Hendry doesn’t take himself or anyone else that seriously.
Interestingly, this gabfest was hosted by the Milken Institute which was founded by philanthropist and financier Michael Milken. Which sounds an awful lot better than insider trader and general rip off merchant Michael Milken.
H.H may not take himself/anyone seriously, but he survived in this business 25yrs, so maybe he knows what he’s talking about ??