Office Hours is an hour long Zoom call we have on Friday’s from 2-3pm ET. The event is exclusive to Epsilon Theory members and is a great way to hear Ben’s thoughts on markets, politics, and current events. Every Monday I post a brief recap of the previous OH. This is not a transcription of the call and doesn’t cover everything. But it does outline the main conversations we had.
Before this was posted on the ET Forum, but we’re moving it to the front page so more people can see the recap and understand the opportunities of Office Hours.
These are the major topics and ideas we discussed during the 11/11/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.
What the $%*# is going on?:
A lot happened this last week. Ben published a new note, the US had an election, and Twitter devolved into chaos. Oh and FTX imploded. Normally any of these topics would be enough to fill an Office Hours session, so we were working overtime. The meeting ran a bit late (thanks to everyone who stayed the whole time) but I think we touched on everything.
If you haven’t had a chance, read Ben’s latest note Stock Buybacks! and the Monetization of Stock Based Compensation. And join the conversations it’s sparking on the Forum. The election is still ongoing as for some reason with a widespread Narrative of “stolen elections” we’re so slow to count votes in battleground states. And Twitter is a mess but Ben will never leave.
This was where we spent most of our time. Ben plans to write a note about the situation and wanted to breakdown the crisis. It’s complex, but not complicated. Actually it’s similar to the UK pension funds we’ve talked about before. Ben led us through a series of slides to illustrate all the players and moving parts. As someone with limited experience with crypto, having a visual depiction really helps me understand what’s going on. Let us know if you’d like to see some of the slides put up on the ET Forum.
We’d love to hear your thoughts on these ideas and hope that you’ll join us next time. If you haven’t already, sign up to access the Forum and Office Hours.