Harry Markopolos's guest appearances

Harry Markopolos

Real Vision Daily Briefing: Finance & Investing

Alpha Exchange

Michael Green

Jim Bianco

Jens Nordvig

Chris Cole

George Goncalves

Mike Novogratz

Harley Bassman

Jared Dillian

Mark Yusko

Michael Gayed

Keith Rabois

Rick Rule

Fannie Mae

Ben Hunt

Erik Voorhees

OwlTail

In a matter of hours in 1999, Harry Markopolos determined that Bernard Madoff’s returns were not real.  Over the course of the next 9 years, Harry and his team assembled a trove of compelling evidence supporting this claim.  He spoke to investors and market participants, studied the web of feeder funds that raised capital and built option pricing models that cast doubt that Madoff could achieve anything close to the results he purported to achieve.  “How do you have over a 3 Sharpe ratio in finance over many years?  You can’t”, Markopolos stated.  Ten years post the collapse of the largest Ponzi scheme ever, I am thankful to have had the opportunity to engage with Harry on the various red flags he spotted, the long arc of his pursuit of Madoff and the degree to which investors remain vulnerable to Ponzi schemes and fraud in the current period.  I hope you enjoy our wide-ranging, candid conversation.

In a matter of hours in 1999, Harry Markopolos determined that Bernard Madoff’s returns were not real. Over the course of the next 9 years, Harry and his team assembled a trove of compelling evidence supporting this claim. He spoke to investors and market participants, studied the web of feeder funds that raised capital and built option pricing models that cast doubt that Madoff could achieve anything close to the results he purported to achieve. “How do you have over a 3 Sharpe ratio in finance over many years? You can’t”, Markopolos stated. Ten years post the collapse of the largest Ponzi scheme ever, I am thankful to have had the opportunity to engage with Harry on the various red flags he spotted, the long arc of his pursuit of Madoff and the degree to which investors remain vulnerable to Ponzi schemes and fraud in the current period. I hope you enjoy our wide-ranging, candid conversation.

Harry Markopolos, Certified Fraud Examiner

Harry Markopolos was the lone whistleblower on Bernie Maddoff's $18 billion Ponzi scheme and, in this interview, takes the whole regulatory and accounting apparatus to task in a way that will have you thinking differently about institutions that guard the public trust. In 'Things I Got Wrong', Marin Katusa, professional resource investor and founder of Katusa Research, shares what he got wrong going all-in on a mining company early in his career. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Harry Markopolos was the lone whistleblower on Bernie Maddoff's $18 billion Ponzi scheme and, in this interview, takes the whole regulatory and accounting apparatus to task in a way that will have you thinking differently about institutions that guard the public trust. In 'Things I Got Wrong', Marin Katusa, professional resource investor and founder of Katusa Research, shares what he got wrong going all-in on a mining company early in his career. Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices" rel="nofollow" target="_blank">podcastchoices.com/adchoices</a>

Adventures in Finance 21 - Ponzi Hunters: Harry Markopolos and His Dogs of Fraud