2016-08 to 2017-12 Nikkei +35% DJIA +31% NASDAQ +30% S&P500 +21%

Hey, I wonder how this guy is doing....one way trade in bonds??

Please get Gurevich back on... need some sanity to counteract the Trumpflation narrative

Yes, awesome interview. If I dared to add my 2 cents: there must be reasons other than Dodd Frank why US yield curve remains above EUR, JPY, GBP, CHF etc. Yes, Fed is not as aggressive on short rates as the others (out of concern for MMMF), but maybe the exodus of foreign CB's from Treasuries and/or concern about USD might play a role, too?

Not the strongest convictions, but someinteresting insights. Couldnt help thnking - "Lagarde's long lost brother?"

No irony here! My port is long stocks, bitcoins and TLT. I read his book which is great!

Long stocks, long gold, long long term bonds, long dollar. Love it!

Exceptional interview. Loved to see to Alex´s philosophy applied to the near/long term trends (it´s a blast!). Should be object of more attention in long interviews. I follow John (JB) comment. More details on those argumets would be nice. Congratulations to RVtv, to Raoul and to Alex.

really excellent interview, thank you

Very enjoyable...good with both overall mindset/process and specific ideas..

Thank you for asking about income producing RE and REITs. I would love to hear from Sam Zell about now. We are seeing 3.5 cap multifamily sell all day here in So Cal. In today's market I prefer to play RE as a private lender with 40% equity coverage and 8-9% return.

I really liked Mr. Pal asking direct portfolio construction ideas in today's world for us listeners/watchers. Alex is a cool guy. Thanks to all.

Very enjoyable. He is so down to earth and relaxing to learn from.

Interesting but Alex's PnL must swing around a fair bit with all this levered duration talk.

Alex is a great guy and I hope we get to hear more of views more often. Re Long Bonds idea - unfortunately, I don't think we got to his thinking about WHY he believes bonds will go up. What specifically does he see that makes him think that the economy will not do well and rates will go to zero or negative. I don't think his entire logic is about relative value of USTs and the secular trend.

Everything I ever wanted from real vision here. Smart guests, great interviewer and a view that may or may not be right but well presented. Very interested in the long nikkei position as well.

Great interview!

Nice to hear some discussion on rental real estate. I'd be interested in hearing more - perhaps an interview focused on the risks and rewards of that asset class given what may happen politically and economically in the future.

Christopher Waltz could totally play him in a movie

in the least by other equally reasoned polarized viewpoints. Great job Raoul, you looked like you had your hands full on this one!

Wow, that year went by fast. I enjoyed him just as much as his last one. This interview captured the very essence of RV.....a brilliant thinker who can articulate, is gracious, and yet is not swayed i

Interesting interview and obviously a bright guy. Two things however. First, his discussion on convexity within treasury futures. I am confused in that so much convexity has been removed from the market now that the Fed essentially owns the mortgage market. Mortgages were the source of convexity, and Uncle Sam doesn't hedge the convexity risk of its portfolio. There is not muc-h--if any convexity--in the treasury market. Also, in the discussion about USD/JPY, wish he had discussed CNY/JPY...that seems to me to be the most important F/X cross at the moment..

Excellent discussion

Be careful with CRE...

Lower for longer...interesting.

Wow, a bull for gold, stocks and TLTs! Like it!

A marvelous interview.... a bit spooky with the gold "600 possible" but sure liked the Long Treasurys positive until one of the caveats of 3X, 4X gold..!

Great to see again his logical framework and to have him back.

Great interview!