Thursday, September 16, 2010
Must hear interview with John Burbank of Passport Capital
Earlier in the week, we posed this question: who are the top global macro investors of today?
We started on the road to answering that question first by posing it to you (we're always interested to hear about up & coming investors from our many industry-savvy readers), then followed up by spotlighting Michael Burry's emergence as a global macro investor.
Today we shift gears by sharing an excellent Benzinga interview with an established star of the macro hedge fund world, John Burbank of Passport Capital.
You may already know that Burbank and Passport were thrust into the limelight when, like Michael Burry, their 2007 returns were boosted by short positions in the subprime housing market.
What you'll hear in this interview (transcripts: part 1, part 2) is how Burbank got his start in trading and investing and how he arrived at his global macro approach. There are too many interesting points to outline here, but be sure to listen to the full interview to hear his insights on medium-to-longer term thinking on big picture trends and the market's response to these type of events.
Enjoy the discussion, as this is the type of interview you will certainly not hear on most of the "leading" cable business channels. There is definitely a lot of food for thought here, not only on macro investing but also regarding some of the issues currently affecting America and the world.