Hedge Fund Manager: Investors No Longer Want Common Ground, They Want To Destroy | WHAT REALLY HAPPENED

Hedge Fund Manager: Investors No Longer Want Common Ground, They Want To Destroy

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"Faith, cynicism, skepticism," said the CIO.

"The faithful believe in something, cynics believe in nothing, skeptics find the balance,” he continued.

“Western society was built on a foundation of healthy skepticism, and this is quite clearly being lost. It is easiest to observe in Washington which makes sense because the political costs of polarization in today’s world are declining,” he said.

"We increasingly see that as people are drawn toward the cynical and faithful wings of the distribution, the cynics develop their own faith, and the faithful develop their own cynicism. And these passions amplify the tribal conflicts that divide us," he said.

"This is beginning to manifest in markets, which we are taught should be immune, rational. Having capital at risk forces one to be sober when considering the possible future states of the world, probabilities, market prices, risk versus reward,” he explained.

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