Latest Interviews
Showing 1906–1920 of 2,089 transcripts.
Clear all filters- Milken Institute53 min
Evolving Opportunities in Capital Markets (updated)
Mark Attanasio, Colleen Campbell, Lowell Kraff, Soren Reynertson, Justin Slatky, Cristina Alesci
Panelists including Soren Reinerson, Justin Slacky, and Marc Antonacio debated the existence of a bond market bubble, with dissenting views centering on whether current leverage levels signal an imminent crisis or are merely an artifact of Federal Reserve stimulus. Speakers further analyzed the structural divergence between easily funded large-cap issuers and a middle-market capital vacuum, driven by regulatory pressures on banks and the rising prominence of Business Development Companies. The discussion concluded by identifying key future risks, such as potential interest rate snapbacks, municipal distress in jurisdictions like Detroit, and the pressure on underfunded pensions to accept higher returns through riskier alternative assets.
- Milken Institute1h 0m
How Improved Health and Longer Lives Drive Global Prosperity (updated)
Thomas Frieden, Jonathan Gluck, Carole Roan Gresenz, Michael Harsh, Peter Margolis, Ceci Connolly, Mike Harsh
Six healthcare experts from institutions including the CDC, PwC, and Heritage Provider Network convened at Milk and Palooza to analyze how innovation drives economic growth while challenging myths about cost containment. The panel highlighted that targeted interventions like immunizations and telehealth generate substantial societal returns, contrasting these successes against a system where $2.8 trillion in annual spending is hindered by fee-for-service models that prioritize volume over outcomes. By advocating for data-driven "healthy defaults" and the industrialization of care, the discussion emphasized that political shifts toward value-based payment and preventive measures are essential to improving productivity and reducing unnecessary expenditures.
- Milken Institute58 min
Longevity Is Opportunity Riding the Demographic Wave (updated)
Pinchas Cohen, Michael Hodin, Dan Houston, Paul Irving, Jody Holtzman, Hasi Cohen
This event analyzes the critical intersection of rapidly aging demographics, broken retirement financial models, and the widening gap between lifespan and healthspan in the Western world. It highlights how exponential population shifts are driving a trillion-dollar market opportunity centered on Alzheimer's prevention, "encore careers," and workforce retention strategies for adults over 50. By refraging aging as a source of economic growth rather than a burden, the discussion presents nonlinear policy solutions and private sector innovations necessary to sustain global productivity and financial stability.
- Milken Institute59 min
The Rise and Decline of Nations and Civilizations (updated)
Jared Diamond, Niall Ferguson, James Robinson, William Bennett
Historians Neil Ferguson, Jared Diamond, and James Robinson analyze the non-linear S-curves of civilization collapse through the lenses of environmental strain, health crises, and the critical distinction between inclusive and extractive political institutions. The panel assesses contemporary vulnerabilities in the United States, such as educational deficits and intergenerational debt, while projecting that China faces insurmountable demographic and resource barriers despite its current innovation surge. Divergent views on future stability emerge regarding the European Union and Japan, with experts debating whether historical precedents of institutional evolution can overcome inherent systemic flaws.
- Milken Institute7 min
Carlos Slim's Economic Advice
The speaker argues that Western economies face a structural crisis driven by demographic shifts and obsolete fiscal policies, necessitating a transition to a "new civilization" model. To address actuarially bankrupt pension systems and chronic deficits, the proposal advocates for privatizing state infrastructure through public-private partnerships and implementing a radical three-day, 11-hour workweek. This reform aims to expand labor participation, stimulate growth in service sectors, and ensure a sustainable transition where assets eventually revert to public ownership.
- Milken Institute51 min
Dinner Program - To Infinity and Beyond: Jeff Skoll Talks with Elon and Kimbal Musk (updated)
Jeff Skoll, Kimbal Musk, Elon Musk, Paul
At a panel introduced by Jeff Skoll, brothers Elon and Kimbal Musk detailed their divergent yet complementary ventures, ranging from early startups like Zip2 and PayPal to Elon's engineering firms SpaceX and Tesla and Kimbal's culinary and nonprofit initiatives. The discussion highlighted specific milestones such as the sale of PayPal to eBay for $1.5 billion, Tesla's launch of the award-winning Model S, and The Kitchen Community's measurable impact on childhood nutrition and school test scores. Both founders reflected on their formative years in South Africa and Silicon Valley, emphasizing a shared philosophy that combines technological innovation with social responsibility through scalable, market-based solutions.
- Milken Institute57 min
In Tech We Trust? A Debate with Peter Thiel and Marc Andreessen (updated)
Peter Thiel, Marc Andreessen, Martin Giles
Peter Thiel and Marc Andreessen debate whether the U.S. economy suffers from a post-1970 technological stagnation that has stunted wage growth or is actually experiencing an acceleration masked by unmet sci-fi expectations and political interference in physical sectors. While Thiel attributes rising inequality and declining living standards to risk aversion, excessive regulation, and a cultural loss of imagination, Andreessen counters that communication breakthroughs are driving efficiency and that physical sector stalls result from massive oil subsidies and restrictive liability frameworks. Both speakers agree that government monopolies and regulations inhibit innovation in energy and transportation, though they differ on the sufficiency of the digital revolution to solve broader economic challenges.
- Milken Institute1h 2m
The Business of Sports (updated)
Todd Boehly, Jimmy Connors, Wayne Gretzky, Joseph Ravitch, Melinda Witmer, Jim Gray, Joe Ravitch
Guggenheim Partners acquired the Los Angeles Dodgers for $2.1 billion to operate as a global entertainment brand, while Time Warner Cable secured exclusive local media rights through a direct $10 billion agreement that bypasses traditional regional sports networks. Panelists including Todd Boley, Melinda Whitmer, Wayne Gretzky, and Jimmy Connors affirmed that live in-stadium events remain the premium product despite technological advancements in broadcast, citing superior fan engagement and physicality that home viewing cannot replicate. The discussion further highlighted that franchise valuations are driven by real estate potential and media scarcity rather than emotion, with experts predicting the inevitable return of an NFL team to Los Angeles and continued appreciation in major league sports assets.
- Milken Institute1h 11m
Lunch Panel: A Cure for What Ails Us: Celebrating the Impact of Science (updated II)
Nancy Brown, Francis Collins, Thomas Frieden, Andrew von Eschenbach, Michael Milken, Mike Milken, Tom Frieden, Andy Van Eschenbach, Jack Andreyka
A comprehensive analysis of global bioscience reveals a dramatic increase in life expectancy and major breakthroughs in disease eradication, such as the near-elimination of polio and HIV management through programs like PEPFAR. Despite these successes, the sector faces a critical funding crisis where declining NIH grant success rates and inflation-adjusted budget cuts threaten the pipeline of young researchers and the translation of genetic discoveries into new treatments. Strategic initiatives like the Brain Initiative, precision medicine efforts, and the shift toward prevention are now essential to address rising chronic disease burdens and sustain the bioscience industry as a primary driver of US economic growth.
- Milken Institute55 min
A Conversation with Howard Marks and Mike Milken (updated)
Howard Marks, Mike Milken, Michael Milken
Historical analysis of major market crashes, including the 1973 Nifty Fifty collapse and the 2008 financial crisis, reveals that investors often suffer catastrophic losses by ignoring cyclical valuations and overestimating the safety of high-quality assets. The presentation further explains that long-term bond returns depend more on reinvestment rates than initial yields, while successful investing requires focusing on knowable factors like specific companies and demographics rather than unpredictable macro variables. Finally, the discussion highlights how Oaktree Capital Group sustains its long-term success through a firm culture rooted in specific ethical creeds, harmonious teamwork, and a succession strategy that prioritizes the perpetuation of values over individual founder skills.
- Milken Institute1h 12m
Reading the Tea Leaves: Where Are Markets Headed? (updated)
John Calamos Sr., Anne Casscells, George Evans, J. Todd Morley, John Rogers Jr., Christopher Ailman, Chris Ailman
Moderated by CalSTRS CIO Chris Ailman, a panel of prominent investment leaders including John Rogers, Todd Morley, and John Calamos debated diverging economic forecasts regarding US growth trajectories and the sustainability of current market valuations. Participants articulated contrasting strategies ranging from Ann Cassells' focus on demographic-driven deleveraging to John Rogers' prediction of a resurgence in traditional equity growth driven by pent-up housing demand. The discussion concluded with specific asset allocation recommendations, such as Todd Morley's pivot toward hard commodities and John Rogers' long positions in consumer brands, while warning against the risks of prolonged quantitative easing and sovereign debt devaluation.
- Milken Institute1h 0m
Bioscience Discoveries That Will Blow Your Mind (updated)
Jack Andraka, David Baltimore, Francis Collins, Tejal Desai, Aydogan Ozcan, Margaret Anderson
Prominent figures including Jack Andraka, Tejal Desai, and NIH Director Francis Collins present breakthroughs in nanotechnology, genomics, and cellular engineering that promise to revolutionize early cancer detection, drug delivery, and precision medicine. While these innovations leverage falling sequencing costs, portable diagnostic devices, and adaptive sensor platforms to bridge the gap between molecular discovery and clinical treatment, panelists express deep concern over a 20% decline in real research funding. The collective discourse underscores an urgent need to redirect resources toward young innovators and high-risk projects to sustain the momentum of this biological renaissance.
- Milken Institute1h 2m
When Past Performance Is a Guide: Using History to Make Sense of the Post-Crisis World
Daniel Arbess, Ben Funnell, Mitchell Julis, Peter Thiel, Niall Ferguson, Mitch Julis
Peter Thiel, Mitch Julis, Ben Funnell, and Dan Arbus analyze a global economic landscape defined by stagnating technological innovation, regulatory bottlenecks, and a lack of non-IT productivity growth compared to the 1930s. The panelists converge on severe structural headwinds, including demographic shifts, deep income inequality, and a "balance sheet recession" where monetary stimuli have disproportionately benefited the top 1% without restoring broad real asset inflation. While diverging on immediate solutions—ranging from overt monetary finance to capital redeployment by legacy wealth—the group agrees that the U.S. faces a critical risk of entering a stationary state akin to Japan's predicament absent significant reforms to regulatory and innovation frameworks.
- Milken Institute1h 18m
MI Forum: Silicon Rally: L.A.'s Thriving Tech Scene (HD)
Walter Driver, Susan Feldman, Michael Jones, Dana Settle, Mike Jones
The Los Angeles tech ecosystem, known as "Silicon Beach," is distinguished by a culture of entrepreneurial hustling and rapid venture capital growth that has historically outpaced Boston, New York, and the Bay Area. Panelists Mike Jones, Susan Feldman, and Walter Driver discuss how local startups must prioritize immediate monetization due to a lack of late-stage capital and limited acquisition targets, while noting that the region faces significant challenges in talent retention and university industry connections. To succeed, founders are advised to leverage deep personal expertise and build strategic "connective tissue" with broader national communities, as the local landscape currently demands sustainable business models over high-risk visionary plays.
- Milken Institute1h 16m
Chinese Market Culture: How Well Can You Know a Company? (updated)
David Bonderman, Howard Chao, Benjamin Fanger, John Pattar, James McGregor
This panel explored the structural complexities of China's corporate landscape, ranging from the historical dominance of Township and Village Enterprises to the persistent legal ambiguities of Variable Interest Entity (VIE) structures. Participants detailed how severe challenges in financial transparency necessitate "forensic" due diligence and asset-holding strategies akin to a pawn shop to mitigate enforcement risks in a judicial system lacking full independence. Ultimately, the discussion emphasized that navigating this high-risk environment requires investors to bypass reported earnings for cash flow analysis while closely monitoring specific political reform indicators to anticipate regulatory shifts.