Interview with Michael Lewitt

Featuring Michael Lewitt

Michael E. Lewitt gives an in-depth look into credit markets, high-yield debt in a NIRP world, and the potential for the future use of currencies as financial weaponry.

Published on
19 July, 2016
Topic
Investment Framework, Credit Market, Macro
Duration
57 minutes
Asset class
Equities, Bonds/Rates/Credit
Rating
22

Comments

  • KS

    Kathleen S.

    10 3 2017 01:53

    1       0

    Lewitt is misguided about Ukraine and Russia -- Mr. Lewitt the US and John McCain did not go to the Ukraine for western freedom, and FYI Crimea is Russian and has been for 500 years, the people there actually speak Russian and identify as being Russian and held a referendum about returning to Russia - its hard to listen to someone who does not get these basic facts right. The Ukraine was an IMF neoliberalism shock doctrine job and just like with Greece their books were cooked to get into the Euro and without a constant debt fueled credit injection provided by the IMF they would be bankrupt. WAIT - but they are insolvent and guess what Michael? That was the plan along, load them up with debt and then start privatization 101. Same play book different country. Enough with your Russian bull - I think you are very smart but you are so off track with Russian propaganda I wonder who you work for.

  • RP

    Ron P.

    7 8 2016 02:49

    1       0

    Brilliant!
    Here's a guy that understands that most money managers need to move money and markets in order to make money even when it makes no sense (pun intended)
    He found a way within the system that is honest and admirable
    Once again all roads lead to gold

  • DM

    Dennis M.

    1 8 2016 20:46

    0       0

    I wish I could put Michael on speed dial and that he would answer. I loved this interview. He is obviously very bright but uses his common sense as well. I'll be checking out his current fund.

  • JO

    Jens O.

    31 7 2016 18:12

    1       0

    Fascinating judgement that "synthetic investment" is superior to credit strategies these days - will the same come for equities?
    Does someone know his funds name? Quick google search didn't help much ... Thanks!

  • KD

    Kevin D.

    29 7 2016 00:15

    0       0

    Great Interview. I have what may seem like a silly question, please indulge me. Is it possible to get a detailed explanation of your straddle selling strategy or is it proprietary? I am 99 44/100% sure it's proprietary, but couldn't resist asking anyways.

  • TT

    Teodor T.

    28 7 2016 13:34

    0       0

    In terms of body language, the guy look like the comedian Lewis Black :)
    Great interview!

  • AD

    Anthony D.

    25 7 2016 18:27

    0       0

    A great contrarian commentary. I don't mean the content of his answers, I mean the affect of his presentation. The calmer, more at ease he seems emotionally as he describes the financial world, the more scarred I become.

  • JM

    Justin M.

    25 7 2016 16:21

    0       0

    Awesome Interview. Great strategy. Thanks.

  • sp

    shashwat p.

    25 7 2016 03:50

    0       0

    All fire and brimstone this sermon was! I was not expecting a detailed examination of the ethics of various market participants. Good stuff

  • SJ

    Stephen J.

    24 7 2016 19:44

    4       0

    Great interview. Heavy dose of honesty, reality and common sense, laced with humility.

  • WM

    William M.

    24 7 2016 18:29

    5       0

    Michael tell it like it is. The majority of the financial industry is only out for its own gain at the expense of investors. Government is broken. I agree with Michael that we are living in a dream world where, when the music stops. really bad things are going to happen. We need to position ourselves now and RVTV provides knowledge to assist, but it does require us to think as well @Graham T.

  • PD

    Philip D.

    24 7 2016 00:25

    1       0

    Lucky man... Still searching for my grounding woman.

  • rg

    richard g.

    23 7 2016 04:01

    2       0

    Outstanding in his clarity and analysis of the state of markets and values. This should be viewed as widely as possible

  • HW

    Harold W.

    22 7 2016 21:15

    4       0

    As a public service you should release the last 20 minutes to the wide-world. All thinking people need to hear it. Please see how you can do this and distribute it widely.

  • PN

    Paul N.

    22 7 2016 16:55

    3       1

    Good stuff. 'Financial Porn'. Exactly!

  • DH

    Dale H.

    22 7 2016 10:37

    8       0

    Great interview/discussion. Interesting and valuable insights from Michael. Would be great to hear more from Michael soon. Heaps of experience there - also - I LIKE him - integrity and character. Good reminder about the immorality of the likes of Draghi. So true. The world would be a better place without these "magic people" as one of them described himself and the rest of the bunch of Central Bankers. This interview was like having them in my living room - relaxed and informative - but - you need a wine after it........

  • MB

    Matthias B.

    22 7 2016 10:09

    2       0

    very sober but highly refreshing. loved his honest talking, it should happen more often these days, specially in investing where a very high ratio of participants just dance around benchmarks and go with the flow even in full knowledge that they may "violate" their fiduciary duties. may I suggest to RVTV: a) yes have discussions with multiple participants, that would be the icing on the cake. b) as a value investor or contarian, I sometimes struggle to close out the emotional aspects, especially when mkts go against you => would love to hear from seasoned pros how they deal with it (Shad R.'s way being one option). c) this one I cite delicately: RVTV is of such high quality that i almost wish not "the world" would subs to it (sry Grant, Raoul & Milton), so I could sefishly keep an info edge vs all these main stream media viewers. tks a lot for the top notch work!

  • CD

    Charles D.

    22 7 2016 00:51

    2       9

    Always hustling business for himself...please.

  • TW

    Thomas W.

    21 7 2016 15:26

    12       0

    Oh, this was really good. In so many ways, it defines what RVTV is .

    Insightful, "insider" guest. Informed ...okay, I'll say it ... brilliant interviewer., not some vapid talking head. Extended, in-depth discussion. No agenda. Lots of unvarnished, no holds barred truth telling. What more could you ask for? You guys are consistenty "overdelivering" on your promises.

  • TM

    The-First-James M.

    21 7 2016 14:15

    0       0

    I f***'in love Michael! Just fantastic! :)

  • B

    Bradford .

    21 7 2016 12:21

    3       0

    My wife enjoyed also

  • SS

    Sam S.

    21 7 2016 12:12

    9       0

    From the first minute on the discussion Mr. Lewitt provided useful info without the huge waste of time telling us "who you are". LOVED it. Credit market expert is all we need to know about this guy, as the credit markets are so important. Not afraid to tell the truth and call a spade a spade. CNBC crap and more is the best. Mr. Lewitt's motto should be---"I may not tell you what you want to hear, but I'll tell you the truth". Milton says it too----The truth hurts! Let's together fix this messed up world. Love you best!

  • A1

    Animal 1.

    21 7 2016 12:01

    2       0

    Fantastic! Thanks.

  • kv

    keith v.

    21 7 2016 09:49

    4       0

    One of my favorites so far. He has a great outlook on life and trading. Much to learn.

  • RH

    Roland H.

    21 7 2016 01:35

    6       0

    Michael clearly doesn't hold back. I thoroughly enjoyed the interview. Bravo!! I wish Grant could have steered Michael back to the markets a little more, but Michael was fantastic nonetheless. And then at the very end to give us a few minutes discussing his thoughts about Tesla...what a tease. Just about to press replay...

  • RA

    Robert A.

    21 7 2016 00:37

    5       0

    The hits just keep on coming! Michael is "one of the ones" and I will be seeing if he has room for me in his fund. Thanks so much RV for this top notch content in a format and forum that can be easily consumed.

  • PC

    Peter C.

    20 7 2016 21:44

    3       0

    Very impressed with the candor & intellect. Now sadder about our public leaders. Also helps cement my no fixed income in my portfolio.

  • tt

    tester t.

    20 7 2016 21:41

    3       0

    👍

  • WE

    William E.

    20 7 2016 18:55

    38       4

    Grant - Grant - Grant.... When there is this much talent at a conference and you then tap into it we at RVTV benefit but "Please" get several of these guys to sit down together and discuss / debate. Lacy, Michael and you would have been classic RTV material.

  • SB

    Stephen B.

    20 7 2016 17:40

    7       0

    I LOVED the book inserts, brilliant. I have always struggled to rewind, get a pen, rewind again, pause search for the book online...bothersome. Now, it's all right there. Love it.

  • JC

    John C.

    20 7 2016 17:01

    7       0

    Great insights. HY will end up being such a disaster at some point. Good to hear from a real FI pro

  • DK

    Damian K.

    20 7 2016 17:00

    5       0

    Informative and valuable

  • RM

    Richard M.

    20 7 2016 16:47

    12       0

    What a refreshing breath of fresh air (stark realism at it's best)! Please have Michael on again (and again)!!!

  • PT

    Pamela T.

    20 7 2016 16:29

    18       0

    Totally Agree! Mainstream financial news is junk. Thanks for bringing Real Vision to the rest of us!!

  • GT

    Graham T.

    20 7 2016 16:03

    1       6

    and your suggestions are? income and capital taxed the same? normalise rates and allow a recession? run down the Fed balance sheet? encourage saving? mmmmmm, no suggestions , shame.

  • NB

    Nicholas B.

    20 7 2016 15:55

    2       0

    Great. Really understands what's wrong with the whole fiction that's called Economic Policy.

  • KC

    Klendathu C.

    20 7 2016 15:05

    1       1

    That was an enlightening little chat. Did you have to get so dark on us at the end? Will watch multiple times.