{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Marc Rubinstein of Net Interest - an in-depth tour of financial markets with an expert in finance and history","html":"","width":"100%","height":180,"duration":3592,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s podcast provided us with an in-depth tour of financial markets with a student of both finance and history. And what a tour guide we had. Marc Rubinstein, an investment professional with 25 years of experience researching and investing in financial services joined us on the show.\nMarc started his career as an equity research analyst, where he ultimately became a MD at Credit Suisse, leading the European banking sector equity research group before joining Lansdowne Partners. Lansdowne was one of Europe’s largest hedge funds, where he was a Partner and managed the award-winning $4B global long/short financials equity fund.\nHe retired from Lansdowne in 2016 and, after going back to school to obtain his MBA from LBS, he launched Net Interest, a wildly popular and incredibly thoughtful newsletter on financial sector themes. I find Marc’s thoughts and views on Net Interest equal parts insightful and digestible. Marc is also an active value investor and early-stage fintech investor, where he was an early investor in Revolut. He’s also a contributor to Bloomberg Opinion.\nMarc and I had a fascinating conversation about a number of themes that are defining private markets. We discussed:\nWhy most businesses are marketplaces and what that means for how one should evaluate a business.\nWhether or not private credit is a systemic risk.\nWhy the Silicon Valley Bank crisis occurred and why private credit firms are filling the void.\nWhere to look for new asset classes and how they become institutionalized.\nThe nuts and bolts of alternative asset managers as businesses.\nWhy pod shops have featured in the hedge fund world and why PE and VC will have different versions of pod shops.\nWhy content is key for financial services businesses.\nHow financial media has evolved and why the narrative arc of companies is a perspective that Marc enjoys covering\nThanks Marc for coming on the Alt Goes Mainstream podcast to share your wisdom on...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}