Transcript
Introduction
Eric
My guest this week is Mark Dow. Mark started his career as an economist with the U.S. Treasury and the IMF before he joined the Wall Street. Today, he is the founder of Behavioral Macro and manages money combining his skillsets as a trader and an economist.
In this discussion, we talked about why economists are usually bad investors, how Mark approaches markets and cover some provocative ideas, including how quantitative easing and tightening have little effect on the market and why Mark is not as worried about the U.S. debt. Please enjoy this great conversation with Mark Dow.
Economists as Investors
Mark, thank you for doing this. I joked the last time we spoke that I could do this more than once and we're going to because I messed up. So let's get going. You’ve said that economists are bad traders and terrible investors.