Latest Interviews
Showing 1771–1785 of 2,089 transcripts.
Clear all filters- Milken Institute58 min
Emerging Markets: Are They Ready for Steadier Performance?
Jay Palosky, Madeleine Antonich, Ricardo Adrogue, Jim McCuckin, Sri
A panel of financial experts led by Jay Palosky, Jim McCuckin, and Madeleine Antonich evaluated the structural viability of emerging markets, concluding that while global liquidity tailwinds are fading, improved fiscal health and sovereign wealth fund growth provide a stable foundation. The discussion highlighted China's constrained reform path and likely 4-5% growth rate alongside regional divergences favoring Mexico and Eastern European credit opportunities while cautioning against Brazil's stagnation and Russia's isolation. Consequently, investors are advised to abandon broad emerging market strategies in favor of selective, long-short approaches focused on hard currency debt and specific country-level fundamentals to navigate re-emerging current account deficits and income inequality risks.
- Milken Institute58 min
Fast Pitch: Concept, Presentation and Critique
Daniel Gorfine, Delian Asperhov, Bonin Bao, Lynn Tilton, Steve Case, Caroline Pugh, Riley Ennis, Katalin Voss, Spencer Hewitt, Ryan Cavanaugh
Hosted by the Milken Institute in partnership with the Kairos Society, the inaugural "Fast Pitch" competition featured five entrepreneurs presenting ventures in health, sustainability, and retail to a panel of judges including Steve Case and Lynn Tilton. Participants were evaluated on growth potential and social impact before audience voting crowned Katalin Voss, founder of the autism-focused Sention, as the winner. The event concluded with a strategic consensus among judges that future success for these high-impact startups relies heavily on forming partnerships to scale distribution and address capital-intensive challenges.
- Milken Institute59 min
Real Estate: Housing Builds a New Foundation
Rick Newman, Stan Humphreys, Jeffrey Gundlach, Larry Mizell, Jed Kalko, Steve Brown
A recent industry analysis details a housing market characterized by declining sales volumes, stagnant household formation, and severe affordability strains driven by high mortgage rates and restrictive lending standards. Experts such as Jeffrey Gundlach and Larry Mizell describe a secular shift from an investor-led recovery toward a "renter phase," where supply constraints in major urban hubs and demographic changes limit new home starts to cyclical lows. While future forecasts predict a slowdown in price appreciation to around 3%, the sector faces complex pressures from rising interest rates, potential GSE reform, and a long-term transition away from traditional single-family homeownership among younger cohorts.
- Milken Institute56 min
The Water Crisis: Time to Turn the Tide
Ban Ki-moon, Brian Sullivan, Gary White, Matt Damon, Mahmoud Khan, Stephen Klebeck
Addressing the global crisis where 2.6 billion people lack clean water, Water.org and corporate partners like PepsiCo are deploying a microfinance "Water Credit" model that has already facilitated over 300,000 loans to reach 1.5 million individuals at a fraction of traditional costs. Facing barriers such as distorted pricing and limited capital access, the initiative is launching a new debt fund and advocating for advanced market commitments to scale access for six million more people by leveraging commercial capital. This approach treats the poor as customers rather than aid recipients, creating income-enhancing value while simultaneously addressing critical business risks regarding supply chain continuity and operational efficiency.
- Milken Institute59 min
Entrepreneurship: A Shingle for Everyone in the New Trust Economy
Lisa Gansky, Nate, Carl Bass, Ben, Kathryn Hurley
The event examines the global economic transition from ownership-based industrial models to agile, platform-driven ecosystems that prioritize access and community participation. Featured case studies of Airbnb, Quirky, and Autodesk illustrate how these networks leverage underutilized assets to generate significant revenue, foster innovation, and solve complex regulatory challenges while redefining labor and corporate longevity. Ultimately, the discussion highlights a structural shift where capital efficiency and trust mechanisms replace traditional vertical integration as the primary drivers of growth and resilience in the modern economy.
- Milken Institute1h 4m
Big Data for Better Cures: Where to Invest?
Cecilia Arradaza, Marty Cohn, Joel Dudley, Magali Haas, Risa Sack, Andy von Eschenbach, Harlan Weissman, Garrett, Mary Dwight
Leading healthcare experts including Marty Cohn, Joel Dudley, and Andy von Eschenbach converged to identify that while big data offers potential to reduce waste and personalize care, its adoption is currently stifled by incentive misalignment, fragmented data silos, and a regulatory framework built on pre-market rather than post-market surveillance. The panel consensus highlighted that shifting from fee-for-service to value-based care and establishing a "model of the normal" human are critical prerequisites for unlocking predictive analytics in chronic disease and neurology. To advance these goals, the speakers urged the creation of broad consent models, common data standards for cross-organizational sharing, and new reimbursement structures that specifically reward data utility over collection.
- Milken Institute1h 4m
Debating Online Higher Education: Sebastian Thrun and Niall Ferguson
Sebastian Thrun, Niall Ferguson, Tom Stewart, Martin Splitt, David Leonhardt Jr., Robb Boyd Jr., Peter Barron, Sachit Egan, David Baddielski, Gerhard Hoffstaedtersen, David Levinson, Sebastian Wehrmann, Iran, Christian Brinkhoff, Serena Rosso, Martha Hutton, Alan Seales, Jonathan Zittrain
A debate between Sebastian Thrun and Neil Ferguson examines the disruptive potential of online higher education, highlighting Thrun's data on Udacity's cost-effective, high-performing models against Ferguson's counter-arguments regarding the irreplaceable value of campus-based Socratic learning. Participants discuss how hybrid business models and specialized content delivery aim to solve completion rate issues while serving 400,000 waitlisted U.S. students, though historical precedents suggest technology alone cannot guarantee commercial success. The conversation concludes with predictions that online platforms will not replace traditional universities but will instead expand access to the 80% of the global workforce lacking degrees, potentially stabilizing an industry currently plagued by financial crises and adjunctification.
- Milken Institute1h 3m
Pension Funds and the Economics of Retirement: Demographics Drive Evolution
Andrew Clearhout, Josh Gottbaum, Dan Houston, Brian Pellegrino
A recent panel discussion highlighted the resurgence of defined benefit pension plans in 2013, citing improved funded ratios for Fortune 1000 companies and the robust growth of major entities like Ontario Teachers and UPS. The analysis detailed how these funds utilize alternative asset allocations and direct investment governance to target superior returns while navigating regulatory pressures from the PBGC and tax inefficiencies that currently favor defined contribution models. Experts concluded that despite demographic shifts and longevity risks, a hybrid "barbell" system is emerging where robust DB structures provide security for long-tenure employees while DC plans serve those with fluid career paths.
- Milken Institute1h 0m
Nutrition and Fitness: Living Well Forever
Howard Sewell, David Heber, Walter Longo, Jacob Rafer, Sarah Mullen
Experts convened to analyze how lifestyle modifications can prevent the majority of chronic illnesses, emphasizing that 70% of physician-treated conditions are avoidable through targeted interventions in diet, exercise, and hormonal health. The discussion highlighted specific mechanisms such as using protein timing and eccentric resistance training to combat metabolic syndrome, while debating the nuanced roles of intermittent fasting and testosterone replacement therapy in extending healthspan. Consensus emerged that exercise is a medical necessity and that combining lifestyle changes with monitored medical treatments offers the most effective strategy for reducing global healthcare costs and improving mortality outcomes.
- Milken Institute59 min
Activist Investors and the Search for Alpha
Chris Ellman, Cliff, Jeff, Barry
A panel of leading activist investors including CalSTRS's Chris Ellman and Cliff Icahn's Blue Harbor argues that the industry has shifted from hostile raids to constructive, long-term partnerships focused on intrinsic value. Participants detail strategic tactics such as securing single board seats to influence management while avoiding public proxy fights, emphasizing capital allocation that favors sustainable growth over short-term financial engineering. With seven consecutive deals at one firm requiring only private CEO engagement, the consensus projects a bifurcated future where experienced firms drive 20% IRRs by correcting operational inefficiencies rather than pursuing media-driven volatility.
- Milken Institute1h 1m
U.S. Cities Leading the Way
Josh Terengel, Walter Robb, Kathy Wilde, Gavin Newsom, Tony Hsieh, Andy Cohn
Led by prominent figures such as Gavin Newsom and Tony Hsieh, this event examines how U.S. cities are leveraging public-private partnerships to drive economic growth amidst federal funding gaps and restrictive immigration policies. The discussion highlights transformative local initiatives like Detroit's Whole Foods collaboration and Las Vegas's Downtown Project, which prioritize community engagement and "Return on Community" over traditional financial metrics. Despite these innovations, the panel also addresses the critical challenges of gentrification and affordable housing, advocating for substantive corporate stewardship and new fiscal mechanisms to ensure equitable urban development.
- Milken Institute1h 3m
Southeast Asia: Roaring and Ready for Investment and Regional Integration
Laura D. Lacey, Michael, Paul Wolfowitz, Kurt, Chiron, Scott
A panel discussion highlights the ASEAN region's emergence as a critical global economic force, noting its $2.5 trillion GDP, massive consumer market, and strategic position in the "China Plus One" supply chain shift. While acknowledging significant challenges such as regulatory fragmentation, political instability, and infrastructure disparities, the experts emphasize substantial investment opportunities in aviation, healthcare, and agricultural technology driven by a youthful demographic. The consensus advises multinational corporations to leverage Singapore or Kuala Lumpur as regional hubs to navigate the complex landscape, anticipating that the upcoming ASEAN Economic Community launch will accelerate long-term growth and integration.
- Milken Institute58 min
Treasure Hunters: Discovering Value in Volatile Markets
Stephen Toy, Jonathan Seaford, Steve Shapiro, Tad Revell, James Reynolds
Panelists including Steven Toy, Tad Revell, and Steve Shapiro characterize the 2013 private equity and credit markets as mid-to-late cycle environments defined by record leverage, tripled GP counts, and compressed risk premiums that mirror pre-crisis excesses. While consensus views plain vanilla high yield as unattractive due to valuation risks, experts identify immediate opportunities in non-auction distressed deals, the U.S. shale energy sector, and undervalued fixed income instruments like non-agency mortgage securities. To prepare for an anticipated wave of defaults and rising interest rates over the next 12 to 24 months, firms such as Golden Tree are raising dedicated distressed funds and advising general partners to secure long-duration capital to exploit the projected market dislocation.
- Milken Institute1h 1m
Bridging the Divide: The Rise of Philanthropy in Asia
Rich, Anne, Your Highness, N, Mike, Laurie Milken, Carl, Justin Nix
The Milken Institute established a new Singapore center to analyze the intersection of Asia's rapid wealth accumulation and social needs, highlighting a distinct regional shift toward integrating philanthropy with family business strategies. Key initiatives, including Bhutan's "King's Challenge" and new impact investing funds in Hong Kong and South Korea, are driving a generational move away from traditional secrecy and pure donation models toward measurable, data-driven social returns. This evolving landscape seeks to leverage private capital and intergenerational collaboration to address systemic issues like youth demographics and sustainable economic development across the region.
- Milken Institute1h 2m
Financing the Missing Middle Market
Jonathan Bach, Lawrence Golub, Rick Miller, Jim Moglia, Adam Sokoloff, Barry Volpert
Panelists from Golub Capital, TCW, BMO, and Jefferies convened to define the fragmented middle market segment, ranging from $5 million to $50 million in EBITDA, while analyzing significant pricing inefficiencies and strategic opportunities created by post-crisis banking constraints. The discussion highlighted that direct lenders and private equity firms are leveraging superior underwriting discipline and flexible capital structures to outperform large-cap peers, despite rising concerns over credit froth and potential deflationary shocks. Ultimately, the sector's economic significance is underscored by its contribution to 40% of U.S. GDP and 41% of private net job creation, positioning it as a critical engine for growth even as investor demand reaches record highs.