Why Warren Buffett Loves Monopolies
Patrick Bet-David and Jonathan Tepper talk Why Warren Buffett Loves Monopolies. Stay tuned for a series of topics they discussed regarding Jonathan’s book called The Myth of Capitalism and a full interview coming soon on Valuetainment. Make sure to subscribe to the channel to get all the updates. About Jonathan in his own words: I am a founder of Variant Perception, a macroeconomic research group that caters to asset managers. With my friend and partner Turi Munthe, we founded Demotix, a citizen-journalism website and photo agency that received photographs from freelance journalists and amateurs and marketed them to the mainstream media. We sold Demotix in 2012 to Corbis, a company owned then by Bill Gates. I’m the author of the The Myth of Capitalism: Monopolies and the Death of Competition, Endgame: The End of the Debt Supercycle, and Code Red, a book on unconventional monetary policy. Ocassionally I speak at investment conferences (you can enquire here.) Earlier in my career, I worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. As a kid, I was a bit of a nerd. Some things don’t change very much. I earned a BA with Highest Honors in History and Honors in Economics from the University of North Carolina at Chapel Hill, and a M.Litt. in Modern History from Oxford University. I am a Rhodes Scholar and am Chairman of the Rhodes Scholars in Britain. I grew up in San Blas, a neighborhood of Madrid that had one of the highest rates of drug use in Europe. My parents started Betel International, a drug rehabilitation center that has grown from one addict in 1985 to over 2,300 addicts in 25 countries. As a child almost all my friends were heroin addicts and ex-convicts; most were HIV+ and many died of AIDS. My parents are heroes. I love jazz, photography, learning languages, reading piles of books and drinking far too much coffee.. About Valuetainment: Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs. To reach the Valuetainment team you can email: marketing@patrickbetdavid.com Follow Patrick on social media: Website: http://bit.ly/MKFj98 Facebook:http://bit.ly/2nSzooy Instagram:http://bit.ly/2n4exu3 Twitter:https://twitter.com/patrickbetdavid Linkedin:http://bit.ly/2nSro6X
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