Investing WITH the Fed: Lessons from the Co-Founder of a $28 Billion Fund, John S. Pennington, Jr.
Matt Johns
June 18, 2024
In this episode, we explore the financial insights and career journey of John Pennington Jr., co-founder of a $28 billion dollar family of funds. John shares his experiences of co-founding companies across the globe, completing a successful IPO on the New York Stock Exchange, and navigating the financial markets. The discussion delves into the role of the Federal Reserve, the importance of the US dollar, and how large financial institutions influence global economies. John also touches on the evolution of cryptocurrency and potential market manipulations. His perspectives offer a unique understanding of financial strategies, value creation, and the US government's economic policies.
00:00 Introduction to John Pennington Jr.
01:32 The Journey to IPO Success
03:02 Building a Billion-Dollar Fund
06:13 Investor Relationships and Fund Growth
08:07 Insights from 'Dollars, Gold, and Bitcoin'
08:29 The U.S. Dollar as a Product
10:16 Historical Context of the U.S. Dollar
15:43 The Bretton Woods Agreement
17:10 The Shift to Fiat Currency
18:48 The Fed's Role and Influence
19:35 China's Economic Shift and the U.S. Dollar
20:51 The Global Impact of China's Economic Policies
21:20 Saudi Arabia, Iran, and the U.S. Dollar
22:12 The Dominance of the U.S. Dollar in Global Trade
22:45 Challenges to the U.S. Dollar's Dominance
23:50 The Rise of the BRICS Dollar
25:16 The Role of Gold in Global Economics
25:27 Bitcoin and the Future of Currency
26:12 The Federal Reserve's Influence on Bitcoin
29:31 The SEC and Bitcoin ETF Manipulation
34:07 The U.S. Government's Spending and Economic Impact
37:34 The Power of the U.S. Dollar and Federal Reserve
38:55 Conclusion: The Future of Global Economics
DISCLAIMER: This video represents the views and opinions of it's guest and does not reflect the views and opinions of HoneyHive Capital Partners LLC. Nothing in this video nor any communications from it should be treated as constituting financial, investment, legal, tax or other advice of any kind, or as a recommendation to buy or sell an interest with respect to any investment.