The ACID Capitalist Podcast

Send us Fan Mail The Acid Capitalist podcast | Psychedelic Therapy Do you watch @SHO_Billions? If so, you’re going to love this week’s episode of the Acid Capitalist podcast. Listen here now:  https://podcasts.apple.com/us/podcast/the-acid-capitalist-podcasts/id1511187978?i=1000568464181 CC @DeniseKShull Support the show ⬇️ Subscribe on Patreon or Substack for full episodes  ⬇️ https://www.patreon...

Send us Fan Mail Another live performance reflecting on tribal questions and the precipitous decline in commodity prices one week after the Fed's latest interest rate hike. Support the show ⬇️ Subscribe on Patreon or Substack for full episodes  ⬇️ https://www.patreon.com/HughHendry https://hughhendry.substack.com https://www.instagram.com/ hughhendryofficial https://blancbleustbarts.com https...

Send us Fan Mail I hate Fridays. This week we had a bantam weight world title decider between the contrarian and the populist. The Acid Capitalist squares up against Dylan Grice. Dylan spent years as a macro advisor tussling with the world's best hedge fund minds. He's worth a listen although the passing years haven't been kind. Still he's coining it in 😘 He takes us through h...

Send us Fan Mail Another live edition. Humpty Dumpty? Remember the children's poem.  With all the king's horses and all the king's men. They couldn't put Humpty together again...Are we closing the chapter that saw asset prices surge post the great financial crisis? Inflation or deflation? Which crisis seems more likely to the shroomers? The church debates. Support the show ⬇️ S...

Send us Fan Mail We're joined by the Macro Compass writer, Alfonso Peccatiello, former bank prop trader, to discuss all things macro in the wake of JP Morgan's chief, Jamie Dimon, issuing a hurricane warning - bad things are coming.  We examine the meteorological  landscape. Support the show ⬇️ Subscribe on Patreon or Substack for full episodes  ⬇️ https://www.patreon.com/HughHendry http...

Send us Fan Mail The Acid Capitalism show went live this week. The Alchemist's hair morphed into a flock of seagulls. The Acid Capitalist levitated above the week's noise. He's a plastic thief with no belief in what he steals. A shirtless Good Kid B.a.a.d City holds it together. The Capitalist raps, 'The American Queen, she be smoking Prozac, The Totalitarians, they be smoking...

Send us Fan Mail There will be blood. Let’s discuss. The Acid Capitalist continues to fume about injustices. He has the Fed and the mercantilistes in his sights. First the global economy has failed to regain its previous trajectory of greater prosperity ever since the Great Financial Crisis of 2008. GDP is lost somewhere over the Atlantic, destination unknown. The economy has recovered for sure bu...

Send us Fan Mail Bloody hell. So much for stable coins. Fight it out in the comments; does anything matter anymore if the crypto well has been poisoned by lies and malfeasance? The Acid Capitalist saw a debate on twitter about whether he was a misunderstood genius or a pretentious riddler. Neither, he's a fool in a foolish world. Support the show ⬇️ Subscribe on Patreon or Substack for full e...

Send us Fan Mail The Alchemist explores the mysteries of hedge fund management further. This week's deep dive sees him wearing a suit! Can he cut it? The Acid Capitalist had a rough night but he's taken a magic pill to restore his superpowers and he eventually finds his mojo. This week we review central bank rate hikes. Surely, its the end, not the beginning? Private providers of credit...

Send us Fan Mail This week's episode is probably the most profoundly ridiculous exercise in hyperbole ever attempted. The boys are sensing a regime shift. Volatility is like a prolonged period of high pressure in the atmosphere. Hedge fund types gunned it for all it was worth. Leverage, concentrated portfolios, lies and misdemeanours, they raked up huge profits and made themselves into billio...

Send us Fan Mail The alchemist doesn't speak, he yells; he's a proclaimer seeking the truth. Hear ye, hear ye, he bellows, the apocalypse is coming. Fear, greed, loathing, they're all set to knock the financial world off its perch once again. The Acid Capitalist has seen it all before. A block of digital energy, he's vibrating wildly in his bunker and taking down all that antag...

Send us Fan Mail The Reverence Episode. The Alchemist @writes_sweeney finds himself exalting at the triple religious whammy of Easter, Passover and Ramadan. But it's Franz Kafka that holds sway. The messiah will come only when he is no longer necessary; he will come only on the day after his arrival. The  Acid Capitalist  proclaims that the mysticism demanded to see the future for risk assets...

Send us Fan Mail This week, the Acid Capitalist is restored to his spiritual home, Blanc Bleu and boy is The Alchemist on form ! He's dug up some ancient manuscripts from 2007 from the legend, James Dines, the original gold bull. The foolish reject what they see, the wise reject what they think and accept what they see. Except, the Acid Cap is about to do the unpardonable and reject the wisdo...

Send us Fan Mail The unplugged episode. The Acid Capitalist appears down on his luck this week. Recovering from another bout of dengue fever and yet another evening of rock and roll indulgence, he laments that if only he had found more time to prepare, perhaps the show would have been more spontaneous?  Have no fear, the show is interrupted as the French police arrive to question the Acid Cap, the...

Send us Fan Mail Macro Confessions Part XXXII, The Sweeney Alchemist (@writes_sweeney) is worried that the Acid Capitalist (@hendry_hugh), has been detained in Kyiv en route back to his Blessed isle. Recent images reveal a stark concrete bunker. Just where is he this week? He calls upon the aid and inspirational insight of the political economist @MkBlyt, The Tangerine Bishop of Dundee. It's...

Send us Fan Mail Macro Confessions Part XXXI,  a very tired Acid Capitalist, having flown half-way across the globe, joins the The Sweeney Alchemist (@writes_sweeney), in London Town to review the week when risk markets rallied. But first Chris is intrigued by the re-emergence of Adam Newman and his crypto plan to save the planet. We Work for the Planet but really? The idea is rubbished by a scept...

Send us Fan Mail Macro Confessions Part XXX,  the Acid Capitalist is joined by his trusted lieutenant, @ToStRo and together with The Sweeney Alchemist, they brew a heady mix of Putin Put Downs and attempt re-set the global macro chessboard. Chris busies himself with a meaty cheese burger.. Convexity has jumped from our computer screens to the theatre of war. The asymmetry of urban war was well und...

Send us Fan Mail Macro Confessions Part XXIX,  the Acid Capitalist is mad as hell. Bewildered and traumatised by the human catastrophe in Ukraine, he's left exasperated by sinister political forces seeking to stymie the advance of the European carbon trading platform to advance their own selfish causes. Carbon permit prices have fallen sharply. He mans his pulpit. An uncommon occurrence. Rare...

Send us Fan Mail Macro Confessions Part XXVIII, projecting forward from the macro year 2007. Chris finds a Hank Moody like Acid Capitalist holed up in his friends' beautiful villa in St Barts. staring wistfully at the surf. The unthinkable has happened, Russian tanks have broken ranks and are moving in on Kiev. Risk becomes philosophical. The Dice Man declares that if you can't think the...

Send us Fan Mail Macro Confessions Part XXVII, projecting forward from the macro year 2006. Chris finds a dishevelled Acid Capitalist holed up in his cement bunker in St Barts. The initial salvos find the boys reminiscing about the Fight Club, The UNIBomber, Nirvana and bereaving the passing of Agent 007 as one of their own. Hugh picks up the pace, sharing how he bought the chip company AMD and sh...

Send us Fan Mail Macro Confessions Part XXVI (somewhere in the future) This week the camera never lies. Hugh is trotting out responses under cross-examination from Chris. Bridgewater, Ray Dallio, Is he the greatest hedge fund manager ever? He's certainly made more money than anyone else...And then, Hugh goes freestyle. You can literally see the moment when the Acid Capitalist forms a new idea...

Send us Fan Mail Macro Confessions Part XXV (APRIL,2012) This week Hugh felt a movement in the time-expanse of the financial universe. In a land far, far away, an elderly, wise man of his acquaintance, his Master and Macro overlord bore testimony to a prophecy of bad tidings. Despite their evident excitement, the boys compose themselves and set about deciphering the godfather of macro, George Soro...

Send us Fan Mail Macro Confessions Part XX IV (2006) This week risk is resetting. Things changing. There will be opportunities. There will be blood. Let it be the other guy. Let's get absurd. The boys review the slaughter of the innocents, namely the abject poor performance of some of last year's most hyped new companies to emerge on the stock market. The conversation is fast paced. Chri...

Send us Fan Mail Macro Confessions Part XX III (November 2005) This week the boys kick back. Inspired by Jeff Bezos, and his recent jaunt to St Barts, Hugh reveals his 20 hour fast and avocado regime. He believes that longevity and contrarian investing are bedfellows. Chris shakes his head in disbelief. The conversation is fast paced. Chris has his runner's legs on and wants to know more abou...

Send us Fan Mail Macro Confessions Part XX II (October 2005) The Scottish tormentor, Chris Sweeney, is pumped to the max as he seeks to understand the inner workings of Hugh's orthogonal Eclectica Fund. The boys use his monthly client letters as a Hedge Fund boot camp to reveal what he was really thinking at the time and why he made the decisions he did. No new Hedge Fund wannabee can afford...