Leo Schmidt's guest appearances

Leo Schmidt

Global Heritage Fund

The Contrarian Investor Podcast

CFA Society Chicago

Mark Jones

James Altucher

David Hunter

Jim Chanos

Tobias Carlisle

Andrew Lee

Maj Soueidan

Milton Friedman

Reva Goujon

Marc Chandler

Joe Sweeney

Hugh Hendry

Peter Borish

Richard Sandor

Alex Morris

OwlTail

This podcast episode was made available to premium subscribers without ads or announcements on Monday, April 11, 2022. Don't be jealous of premium subscribers -- become one by signing up here. Free trials are available. Leo Schmidt of River Eddy Capital Management rejoins the podcast to discuss the coming credit crunch, its impact on stock market sectors, and where to invest to protect one's portfolio. Content Highlights  So-called "unicorn" companies, or the darlings of the VC crowd, and others that cannot generate cashflow, will face a tough reckoning (3:17); Undermining this is "a complete change of psychology" in terms of velocity of money (6:27); What if the Fed reverses course? It's not so simple (8:52); Oil is a short: "Oil is the ultimate liquid commodity" but there is a place for pipeline stocks... (11:38); What stocks can thrive in this type of environment? Look first to medical company spin-offs (19:13); Another area to look: Business development companies, or BDCs. This is a risky part of the market but there is at least one BDC making first-lien loans, which are the safest part of the capital structure... (26:23); Quick epilogue on China's latest Covid lockdown. There are ways to play the move away from supply chain issues that result (35:58); 

This podcast episode was made available to premium subscribers without ads or announcements on Monday, April 11, 2022. Don't be jealous of premium subscribers -- become one by <a href="https://contrarianpod.substack.com/subscribe" rel="noopener nofollow" target="_blank">signing up here</a>. Free trials are available. Leo Schmidt of River Eddy Capital Management rejoins the podcast to discuss the coming credit crunch, its impact on stock market sectors, and where to invest to protect one's portfolio. Content Highlights <ul> <li>So-called "unicorn" companies, or the darlings of the VC crowd, and others that cannot generate cashflow, will face a tough reckoning (3:17);</li> <li>Undermining this is "a complete change of psychology" in terms of velocity of money (6:27);</li> <li>What if the Fed reverses course? It's not so simple (8:52);</li> <li>Oil is a short: "Oil is the ultimate liquid commodity" but there is a place for pipeline stocks... (11:38);</li> <li>What stocks can thrive in this type of environment? Look first to medical company spin-offs (19:13);</li> <li>Another area to look: Business development companies, or BDCs. This is a risky part of the market but there is at least one BDC making first-lien loans, which are the safest part of the capital structure... (26:23);</li> <li>Quick epilogue on China's latest Covid lockdown. There are ways to play the move away from supply chain issues that result (35:58);</li> </ul>

The Coming Credit Crunch and Death of Unicorns: Leo Schmidt

CFA Society Chicago member Christian Barron, CPA, CFA chats with Leo Schmidt of River Eddy Capital Management, formerly at the Chubb Corporation, to continue the Education Advisory Group’s series on Capital Markets. Connect with Christian on LinkedIn https://www.linkedin.com/in/christianmbarroncpacfa/ Connect with Leo on LinkedIn https://www.linkedin.com/in/leo-schmidt-cfa-a258703/ Watch the replays of the Capital Market webinars here https://www.cfachicago.org/webcasts/ For more episodes go to www.cfachicago.org/podcasts

CFA Society Chicago member Christian Barron, CPA, CFA chats with Leo Schmidt of River Eddy Capital Management, formerly at the Chubb Corporation, to continue the Education Advisory Group’s series on Capital Markets. Connect with Christian on LinkedIn <a href="https://www.linkedin.com/in/christianmbarroncpacfa/" rel="nofollow" target="_blank">https://www.linkedin.com/in/christianmbarroncpacfa/</a> Connect with Leo on LinkedIn <a href="https://www.linkedin.com/in/leo-schmidt-cfa-a258703/" rel="nofollow" target="_blank">https://www.linkedin.com/in/leo-schmidt-cfa-a258703/</a> Watch the replays of the Capital Market webinars here <a href="https://www.cfachicago.org/webcasts/" rel="nofollow" target="_blank">https://www.cfachicago.org/webcasts/</a> For more episodes go to <a href="http://www.cfachicago.org/podcasts" rel="nofollow" target="_blank">www.cfachicago.org/podcasts</a>

Capital Markets with Leo Schmidt of River Eddy Capital Management