Steve Eisman: ”It’s very hard to short a stock that’s a cult”

Portfolio manager Steve Eisman predicted the financial crisis of 2008 and was one of few that made money when the stock market crashed. The process inspired Michael Lewis’ book ”The Big Short”, which later became a successful Hollywood film.

Swedish journalist Katrine Marçal meets up with Steve Eisman in London to discuss worldwide issues and how they affect his current investments. The conversation revolves around politics, company analyses and the emotions of investing.

Among the controversial shorts in Eisman’s portfolio are a few British banks that could be hurt by a recession caused by Brexit. He is also shorting Tesla, a move that is offending owners of the American car.
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[phtylersin]

I though I had a stroke when the interviewer start speaking in Swedish.

[christianyork]

The only respectable, unbiased journalist i've seen in a long time. Good interview.

[flashers.]

That journalist would never get a job on the BBC. There is no room for unbiased interviewers asking unbiased questions who then actually allow their guests to answer questions in that government outfit.

[Football__Junkie]

I love listening to Steve. He’s such a rational straight shooter

[amishaggerty]

This interviewer is amazing, it is so bizarre compared to the trash you usaully get

[vardaronur]

humans, in general, underestimate low probability negative outcomes (eg financial crises, natural disasters); and overestimate low probability posivitive outcomes (eg gambles, lottery wins)

[defenstrator]

It is so nice to have an interviewer who wants to listen and an interviewee who is genuinely interesting.

[Telluwide]

"The For-Profit Education Industry is a Non-Ethical Industry." Well said! There are glimmers of light in the dark world that is Wall Street.

[SpaceWalkTraveller]

Jeremy Corby makes Bernie Sanders look like a raging capitalist. That's way too funny.

[geinikankan]

Fantastic interview. Very informative. Eisman's character in "The Big Short" was like an Old Testament prophet screaming into the abyss. I'd buy his picks.

[horseaphoenix]

That has got to be the nicest interviewer I’ve ever seen. She tries her hardest to make him feel comfortable even when English is her second language it seems.

[ethrez]

Eisman is amazingly insightful and rational as usual, however its the interviewer who made this such a valuable interview by allowing him to speak, asking smart questions and above all, also understanding deeply the matter they are discussing. More interviews like this please.

[JulieHiltbrunner]

He’s so blunt that I can’t help but like him!

[cptnbrrycrnch]

This is the type of interview I enjoy watching. Well done

[MKotnis]

came for Steve Eisman, stayed for the remarkably well conducted interview

[josephoommen]

it is mostly the political dimensions of brexit that is analysed and hence this is a very refreshing and unique take

[samansiddiquie]

He enjoys talking to this girl. I watched another one of his interview with her and he is super there too. I mean he’s a great interview.

[heliopolis]

She’s a great interviewer. Hope she has a happy, healthy baby by now 🙂

[tookaysevon]

The interviewer is incredibly charming.

[paknbagn]

Steve Eisman : next financial recession will not happen in this year or next,
corona : hold my beer