A Conversation with Paul

Dec 06 2024 77 ep. 43 mins 42

A Conversation with Paul Podcast artwork

Hosted by investor and author Paul Podolsky. Paul is founder and CIO of Kate Capital and the author of The Uncomfortable Truth About Money, Raising a Thief and Master, Minion.

paulpodolsky.substack.com

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A Conversation with Lt. Gen (Ret.) HR McMaster

Dec 06 2024 48 mins

THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH.There are about 45,000 Russian casualties a month now in Ukraine. That equates to a rate of 540,000 soldiers per year or about 1% of Russia’s male, fighting-age population, thus the call to North Korea to supply troops. About 15% of Russia’s population died in World War 2, so today’s los

Global Shipping Tutorial

Oct 25 2024 53 mins

Happy Friday!This is a fun interesting conversation. I originally posted it last month but due to how Substack is set up only a portion of you were able to hear it. So I am re-posting now for broader distribution. As we may be on the cusp of another major trade war, this conversation could not be more timely. Hamish is the President of Starbulk Carriers, which operates a fleet of b

Debt, Balance Sheets and Original Thinking

Oct 11 2024 50 mins

Inside and outside at the same time. That is the key.Richard KooTHIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH.I read Richard Koo’s books years before I spoke to him, a conversation I share here. Richard is the first person I know to provide a comprehensive diagnosis for something evident across much of the world—weak borrowing. While

Behind Washington's China Pivot

Jul 15 2024 22 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.comChina’s splendid isolation nurtured a particular Chinese self-perception. Chinese elites grew accustomed to the notion that China was unique—not just ‘a great civilization’ among others, but civilization itself.On China, Kissinger, 2011

A Macroeconomic Internet "Bakery"

Jul 01 2024 16 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.comOops…looks like I didn’t send out the link to the actual podcast. Sorry about that. Here you go!We know the internet is simultaneously a recent invention, integrated into every niche of our lives, and difficult to understand fully. I like to anchor theoretical questions—how does the interne

Disrupting Health Care

Jun 18 2024 63 mins

Note to readers: I am offering a sale this week. I started these posts as an experiment three years ago. They have now grown into a conversation with thousands of unpaid subscribers and hundreds of paid ones. I am grateful for each subscription. A service that started at $75 now costs $700 a year. If I could offer a sliding scale based on need, I would. But I can’t. So this week,

Scanning for the Next War

Jun 10 2024 17 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.comSummary:* Keep an eye on Serbia.* No US easing.More below:Over the weekend, the hard-right made gains in European Parliamentary voting. Last week, Senator Tuberville (R. Alabama) said Putin “doesn’t want Ukraine.” That extreme rightwing leaders are gaining even while we can see what the har

What It Takes To Make A Movie

Jun 03 2024 16 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.comMan has always asked the question: what is it all about?J. Krishnamurti, 1969Stories are intrinsic to being human, a survival mechanism. Some forms of story—poetry—can be created virtually for free and others—movie making—cost millions of dollars. But just because we need something, doesn

An Entrepreneur's Path

May 22 2024 17 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com“In spite of all the farmer’s work and worry, he can’t reach down to where the seed is slowly transmuted into summer. The earth bestows.”Rainer Maria Rilke, 1875-1926The difference between the Soviet Union and the United States is the former repelled people and the latter attracted (and c

Of Sanctions and Shipping

May 16 2024 8 mins

This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.comWe hear about sanctions all the time. Biden just put more on China.Do they matter? If so, in what way?J provides a framework to help us all understand. This is J’s second appearance. In our conversation last year, here, you can hear J’s background and how he created his shipping advisory serv