The Julia La Roche Show Julia La Roche

Investor and entrepreneur Dave Friedberg, the CEO of The Production Board and CEO of Ohalo and co-host/"Bestie" on The All-In Podcast, returns to The Julia La Roche for episode 171 to discuss his company's breakthrough technology that could solve world hunger.



Ohalo, a startup that's been in stealth mode, recently filed a patent for its groundbreaking technology, Boosted Breeding. This novel, non-transgenic plant breeding system has the potential to revolutionize agriculture by sustainably increasing crop productivity and yields by 50 to 100%. After years of research by Ohalo's scientists, the technology has been proven effective across various crops. The technology can be applied to a wide range of food crops, including those that currently lack commercial seed systems, such as potatoes. With its significant potential to enhance food availability and sustainability, Ohalo's Boosted Breeding is poised to make a substantial impact on the global agricultural landscape. 



Links: 

Twitter/X: https://x.com/friedberg

Ohalo: https://ohalo.com/

The Production Board: https://www.tpb.co/

The All-In Pod: https://www.allinpodcast.co/

Episode 18 featuring Dave Friedberg: https://youtu.be/0ARf45HiS1M?si=yWFwnCPdJ1fv_Nxj



Timestamps: 

0:00 Intro and welcome back Dave Friedberg

1:42 Big picture + challenges facing humans today 

3:18 A new enlightenment or a new dark ages? 

6:33 Independent thought and understanding through reason 

9:15 Ohalo and Boosted Breeding breakthrough 

13:20 Going all in as CEO of Ohalo 

18:00 Results from Boosted Breeding 

22:44 Benefits to farmers 

27: 52 Potential impacts of the technology 

34:30 State of the economy, No. 1 issue is debt 

41:00 Optimism is technology and productivity gains 

45:17 Parting thoughts 

Bob Elliott, cofounder and CEO of Unlimited, which uses machine learning to create index replication ETFs of 2&20 style alternative investments like hedge funds, venture capital, and private equity, joins Julia La Roche on episode 170.

In this episode, Elliott discusses the macro picture and highlights that the economy is in an income-driven expansion, where people are spending out of their income, leading to sustainable growth. However, this income dominance is creating challenges for the Federal Reserve, as inflation remains elevated and nominal growth is strong. Elliott believes that the Fed will continue to collect more information before making any significant policy changes. 

He points out that assets are in an “air pocket” right now, and that the biggest risk for equity investors is the economy remains too strong, creating pressure on the bond market. He suggests that investors should consider holding more cash, allocate a portion to gold and commodities, and be cautious about stocks and bonds.



Links:

Twitter: https://twitter.com/BobEUnlimited

YouTube: https://www.youtube.com/@BobEUnlimited

Website: https://www.unlimitedfunds.com/



Timestamps:

00:00 Introduction and welcome Bob Elliott 

01:15 Macro picture today + income-driven economic expansion 

03:34 Different angles of looking at inflation 

06:11 Fed's policy outlook

09:15 Implications of higher for longer 

11:50 Long-end of the bond market is the critical driver of asset prices

14:47 The biggest risk for equity investors is the economy remains too strong that creates pressure on the bond market

16:00 Allocating in this setup 

18:30 We’re in an 'air pocket’ right now 

23:19 The Fed

25:50 Gold allocation and commodities 

30:10 Parting thoughts 

32:46 Confusion of the income-driven expansion

36:00 Recession

Carol Roth, a “recovering” investment banker, financial television commentator, entrepreneur, and two-time New York Times best-selling author, joins Julia La Roche again for episode 169 to discuss the state of the economy, the Federal Reserve, the impact of deficit spending, and the challenges faced by small businesses. 



Links:  

You Will Own Nothing: https://www.carolroth.com/nothing/ 

Follow Carol Roth on Twitter: https://twitter.com/caroljsroth



Timestamps: 



0:00 Intro and welcome Carol Roth

1:15 Macro picture, assessment of the economy 

2:30 Massive inflation in assets 

3:20 Economy has been “window dressed” 

5:40 Deficit-driven economy 

8:30 Fiscal dominance 

10:45 Stagflation 

15:00 The Fed

17:00 Debt 

20:00 Gold 

24:00 State of small business today 

The Acid Capitalist Hugh Hendry joins Julia La Roche again, this time in the East Village, for an in-person, unfiltered conversation on macro and more. 



Links: 

Twitter/X: https://twitter.com/hendry_hugh

Podcast: https://podcasts.apple.com/us/podcast/the-acid-capitalist-podcast/id1511187978

YouTube: https://www.youtube.com/@HughHendryOfficial



Timestamps: 

0:00 Intro and welcome

1:36 Macro view and the Fed’s no-win situation 

2:45 Revisiting financial history 

4:20 The U.S. has become the economic locomotive of global growth

5:00 Policy error of fiscal conservatism 

6:30 Everything is expensive

7:52 Invest 10% of net worth 

9:00 Hugh’s hedge fund years 

12:24 ‘To manage a lot of money you have to be serious.’ — the suits

19:07 Looking at charts and patterns while listening to Pink Floyd

24:30 China

36:19 The bubble today - the fragility of valuations 

38:00 How you want to be allocated 

44:16 The conceit and the arrogance of a well-formed argument  

47:00 Hugh’s mistake buying Reader’s Digest in the 90s

48:48 Hugh’s go-to interview question: Tell me when you know it’s going wrong

50:44 Gold’s breakout — not an agent of chaos, the alchemy of chaos

52:24 Japanese Yen 

53:49 Bitcoin 

57:09 Silver 

1:01:50 The Fed’s no-win situation 

1:06:49 The Fed shouldn't be cutting interest rates

1:08:47 Present danger

1:11:00 The death of money?

1:15:00 Millennials and Bitcoin

1:18:43 The Bono story

Michael Pento, president and founder of Pento Portfolio Strategies (PPS), joins Julia La Roche on episode 167 to discuss the current state of the economy and the potential risks ahead. 

In this episode, Pento highlights the rising inflation rate, the burden on the middle class, and the unsustainable levels of debt. Pento predicts a slowdown in GDP growth and the possibility of a negative quarter in the second half of the year. He believes that the Federal Reserve will be forced to lower interest rates and engage in quantitative easing to stimulate the economy. 

Pento also discusses the potential impact on the housing market, equities, and the bond market. He suggests overweighting energy, base metals, and gold in a stagflationary environment.

Links: 

https://pentoport.com/

https://twitter.com/michaelpento



00:00 Intro and welcome Michael Reno

00:54 Macro view, inflation, and the bankrupting of the middle class

4:08 If rates don’t come down the economy is in trouble 

5:49 Fed rate cuts ahead this year? 

8:00 Market is massively overvalued 

9:36 Stagflation and how to invest in that environment 

11:32 Home prices 

13:50 Why Powell can’t wait to end QT now 

15:23 Long-term yields might not come down

16:00 Explosion of rates in high-yield will crush the economy

17:27 Gold 

20:00 Erosion of the middle class

Nancy Davis, founder and portfolio manager of Quadratic Capital Management, joins The Julia La Roche for episode 166 to react to the May Fed Meeting and the Federal Reserve's decision to keep rates unchanged. 



In this episode, Nancy shares that inflation is a persistent issue that cannot be easily resolved. However, she sees this as an opportunity for investors, as many people do not have inflation-protected bonds or exposure to the rates market in their core bond portfolios. Nancy notes that during the last period of high inflation in the 1970s, people often turned to commodities and cyclical equities because the interest rate derivative markets, rates market, and even the inflation-protected bond market did not exist at that time. She adds that investors now have more options to protect their portfolios against inflation compared to the past.



Links:

IVOL: https://ivoletf.com/

Quadratic Capital: https://quadraticllc.com/

Twitter: https://twitter.com/nancy__davis



0:00 Intro and welcome Nancy Davis

0:59 FOMC reaction 

1:22 Fed allowing mortgages to run off

2:30 Volatility, explained 

3:15 Fed interest rate policy 

5:19 Be really careful about not focusing too much on consensus and looking more at what's priced in.

5:59 Rate cuts this year/ inflation exposure in investor portfolios

7:36 Opportunity in rates

10:49 IVOL (Quadratic Interest Rate Volatility and Inflation Hedge ETF)

15:48 Rates market a leading indicator for you

18:04 Macro picture 

19:47 Inflation protected bond market 

22:45 Inverted yield curve 

24:13 Bonds a good buy? 

25:18 Will the Fed cut this year? Will they cut before the election? 

26: 22 Assessment of the Federal Reserve/ stagflation? 

29:03 Nancy's background

32:40 Parting thoughts