In this episode Ed covers China's reopening and how that could effect inflation in the West. More problems & challenges at Tesla. The show goes on a deeper dive into sub prime auto (potential problems there), real estate markets cooling (including gated private funds), problems with crypto funding networks, and introduces a new short thesis for a company caught in the mess of cryptocurrency & KYC/AML legality. 

Sources

https://www.newyorkfed.org/survey/empire/empiresurvey_overview

https://therealdeal.com/sanfrancisco/2023/01/11/veritas-in-default-on-450m-commercial-loan/#:~:text=Veritas%20Investments%20is%20in%20default,it%20matured%20on%20Nov.%2015.

https://therealdeal.com/2023/01/16/chetrit-making-progress-on-pesky-481m-loan/

https://techcrunch.com/2023/01/17/tesla-engineer-testifies-that-2016-video-promoting-self-driving-was-faked/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEWpyNhF0yU2iiSm2WKjCpQ87-0uk4r_sJWWuvtGHsKWR5yBGjaPAQJz-RYxoAnSXz1zMUh2BIprCvz0U8CVoBKwI2J6Cy-aGvunUH2oOQ_-kw1dwXkJ5QoHkF6aG11_e0AXpMQYoUN2DiR2sMJwspNx9C-5WZEQHENmQiQFZIQr

In this episode Ed covers thoughts about investing & trading from 2022, accepting opposition view points, short-selling psychology/risk management, and overall market/economic thoughts. 

Ed closes the year with thoughts on where we are in the economic cycle, lessons learned & thoughts about portfolio management, and recent justice served as the fraud cycle begins to expose bad actors.