Latest Interviews
Showing 2386–2400 of 3,000 transcripts.
Clear all filters- Milken Institute57 min
Common Sense from Uncommon Investors
Sarah, Mark, Kyle, Mitch, Michael
Managers from Causeway, Crescent, Hamana, and Canyon Capital analyze how passive investing strategies and post-2008 regulations have created significant pricing inefficiencies in cyclical equities, sovereign debt, and the shadow banking sector. Experts including Sarah of Causeway, Mark of Crescent, Kyle of Hamana, and Mitch of Canyon highlight specific structural risks in China's banking system and argue that volatility offers active managers opportunities to exploit mispriced assets while avoiding the "risk-free" illusion of state-backed debt. To capitalize on these anomalies, these firms prioritize hiring individuals who combine fundamental insight with complex capital structuring skills to navigate a fragile macroeconomic environment where traditional balance sheets are contracting.
- Milken Institute57 min
Alternative Investing: Cure for Stock and Bond Blues?
Tom Petruno, Jonathan Grunzweig, Jodie Gunzberg, Jonathan Rotolo, Scott Sperling, Carrie Thome, John Rotolo, Jody Gunsberg
Leading asset managers including Scott Sperling, Kerry Tomei, and Jody Gunsberg convened to advocate for shifting from traditional asset-class allocation to risk-based strategies amid expectations of underperformance in equities and bonds. The panelists detailed how private real estate credit, intellectual property, and diversified real assets offer compelling alpha while mitigating volatility through proprietary deal flows and structured liquidity. Despite concerns regarding the risks of packaging illiquid assets into retail vehicles like 401(k)s, the experts emphasized that long-term horizons and operational expertise remain essential for sustaining returns in a complex market environment.
- Milken Institute1h 0m
Prescription for a Longer (and Healthier) Life
Paul Irving, Freda Lewis-Hall, Becca Levy, Loretta DiPietro, Patricia Boyle, Jeff Hogan, Byron Boston, Laura Ladd
Experts advocating a lifelong "platform" model for healthy aging emphasize that positive age stereotypes and a sense of purpose can extend survival by 7.5 years and significantly delay cognitive decline. Despite these findings, systemic barriers such as a medical budget skewed 90% toward treatment and a three-decade gap in public perception hinder the adoption of preventive strategies. To overcome these challenges, leaders recommend integrating early education on aging, designing age-neutral communities, and accelerating the translation of scientific data into immediate policy shifts.
- Milken Institute58 min
California: Global Incubator for Innovation and Growth
Kevin Klowden, Bracken Darrell, Gil Elbaz, Adam Miller, Donna Morris
California maintains its status as a global economic power and innovation laboratory through a unique consumer culture and deep university talent pipelines, even as regional dynamics shift between Northern California's venture-driven software sector and Southern California's entertainment-infused tech ecosystem. Global competition is intensifying as China, Europe, and the Nordic region accelerate their own innovation capabilities, prompting US firms to establish overseas operations while facing significant hurdles from restrictive visa policies and data privacy regulations. To sustain this leadership, stakeholders urge urgent reforms in education to promote design thinking, strategies to retain local and international talent amidst high living costs, and legislative changes to streamline skilled immigration.
- Milken Institute1h 1m
Accelerating Democracy: Creating Pathways to Prosperity
Felix Salmon, Cheryl Dorsey, Ed Foster-Simeon, Andrea Hoffman, Rosie Rios, Jose Antonio Vargas
This panel convened diverse leaders including U.S. Treasurer Rosie Rios and Echoing Green's Cheryl Dorsey to connect systemic racial inequality with stalled U.S. economic growth. Participants detailed specific mechanisms for progress, ranging from currency redesigns featuring Harriet Tubman to evidence-based mentorship programs targeting the 9 million at-risk children. The discussion concluded with a strategic framework that prioritizes closing capital formation gaps and shifting narratives to foster a society where inclusivity becomes the default economic engine.
- Milken Institute58 min
The Alchemy of Capital Structure
Erik Schatzker, Joshua Friedman, Joshua Harris, Carey Lathrop, Jonathan Sokoloff, John Sokoloff, Kerry Lathrop
A panel of financial experts analyzes the current high-yield debt market, identifying a late-cycle environment where record leverage multiples and covenant erosion have created a fragile "refinancing wall" for overextended issuers. Drawing on historical shifts from the Drexel era to post-2008 regulatory constraints, the discussion highlights specific vulnerabilities in the energy sector and warns that passive investing has exacerbated liquidity mismatches. Consequently, the experts advise investors to maintain selective discipline and prioritize senior secured positions while urging corporate leaders to extend debt maturities and fortify balance sheets against an anticipated rise in borrowing costs and subsequent restructuring wave.
- Milken Institute1h 16m
U.S. Overview: Will Recovery Prevail?
Ross DeVol, Monty Bennett, Juan Enriquez, Fred Hochberg, Judith McKenna, Bluford Putnam
A panel of economic experts analyzes the mixed signals of U.S. growth in early 2016, where weak Q1 GDP and corporate profit declines were partially offset by a resilient housing sector and significant household savings from lower gasoline prices. While stagnant wage growth and regulatory constraints like Dodd-Frank continue to dampen capital goods orders and business confidence, the consumer remains a bright spot driven by deleveraging and the incoming spending power of Millennials. Long-term prospects rely on innovation to sustain a projected 2% growth cap, with global commodity stabilization and the U.S. role as a swing producer expected to support export-driven gains in the service sector.
- Milken Institute56 min
Outlook for High-Yield and Leveraged Finance
Tom Braithwaite, Christopher Boyle, Peter Budko, Henry Chyung, Robert Kricheff, Andrew Whittaker
Global macroeconomic analysis characterizes the current environment as a late-stage credit cycle driven by unprecedented central bank interventions, including negative interest rates and massive sovereign debt issuance, which have created a distorted market feedback loop. Analysts observe a sharp bifurcation in high-yield securities where defensive sectors outperform cyclical energy and mining industries facing significant downgrades, while passive investing amplifies short-term volatility and liquidity illusions. Consequently, investment strategies favor active management and diversification to navigate the risks of over-leveraged balance sheets and potential default spikes, as financial engineering rather than organic growth currently underpins market expansion.
- Milken Institute1h 0m
Governors Address Challenges Facing States
Eric Schmidt, John Hickenlooper, Terry McAuliffe, Rick Scott, Scott Walker
Governors Rick Scott, Scott Walker, John Hickenlooper, and Terry McAuliffe convened to discuss distinct state-level strategies for economic growth, ranging from Florida's tax-cut model and Wisconsin's fiscal stabilization to Colorado's workforce adaptability and Virginia's international trade focus. Despite operating in opposing partisan environments, these leaders emphasized a unified shift from job creation to filling vacancies by prioritizing apprenticeships, dismantling federal mandates on healthcare and infrastructure, and challenging anti-capitalist sentiment through high-wage employment. The panel concluded that states must serve as "laboratories of democracy" to craft granular solutions for environmental and social issues while advocating for federal devolution of authority to maximize efficiency in workforce development and public safety.
- Milken Institute1h 1m
The Blockchain: A Revolution You Need to Understand
Marc Hochstein, Brian Forde, Jalak Jobanputra, Leanne Kemp, Margaret Liu, Steve Wager
A diverse panel of academics, venture capitalists, and regulators from the MIT Media Lab, Future Perfect Ventures, Everledger, and the Conference of State Bank Supervisors examines blockchain's potential to reduce financial friction through decentralized ledgers and instant settlements. The discussion details specific use cases in diamond supply chain integrity and global identity while contrasting the trade-offs between public permissionless networks and private regulatory-friendly architectures. Ultimately, the group projects that while energy consumption and AML compliance remain critical challenges, the technology is transitioning from experimental concepts to production-ready infrastructure for securities and commodities by 2017.
- Milken Institute58 min
Solving the Global Water Challenge
Diane Regas, Christine Cioffe, Monica Ellis, Robert MacLean, Seth Siegel, Gary White
A panel of experts from Water.org, PepsiCo, and California American Water analyzed the global water crisis, highlighting that 660 million people lack basic water access while developed nations face aging infrastructure and pollution. The discussion detailed how innovative financial models like Water Credit leverage private capital to serve low-income populations and how agricultural reforms in places like Israel offer scalable solutions for the 70% of water used globally for farming. Ultimately, participants argued that shifting focus from the cost to the value of water, combined with desalination and climate resilience strategies, is essential to bridge the gap between humanitarian aid and sustainable commercial finance.
- Milken Institute58 min
The Future of Retirement: Redefining Work, Leisure, Money, Purpose and Success
Ina Jaffe, Ken Dychtwald, Paul Irving, Andrew Sieg, Jacqueline (Jackie) Wong, Andy Sieg, Jackie Wong, Martha Minow, Paul Hanson, Judy Woodruff, Nelson Carbonell
A panel of global experts and industry leaders, including Andy Sieg and Ken Deichwald, converges to address the transformative impact of rising life expectancy, which is driving a shift from traditional retirement to a "longevity economy" valued at $7.1 trillion in the US alone. Speakers highlight critical challenges such as ageism, a misaligned healthcare infrastructure, and the "sandwich generation's" dual caregiving burdens while proposing solutions like gerontology-certified financial advising, flexible re-employment policies in Singapore, and democratized lifelong learning models. The discussion ultimately frames this demographic shift as a cultural imperative, urging a transition from viewing retirement as disengagement to embracing continuous work and intergenerational engagement to sustain economic and personal well-being.
- Milken Institute58 min
Investing in Sustainable Development
John McArthur, Reyaz Ahmad, Christopher Ailman, Aimée Christensen, David Rae, Michael Perkins, Chris
Leading institutional investors and development finance experts convened to argue that shifting from moral to economic imperatives is essential for mobilizing the estimated $5 to $7 trillion annually needed to fund global sustainable development. Panelists including Christopher Ailman, David Ray, and representatives from CalSTRS and the IFC discussed specific strategies such as carbon pricing, blended capital, and SASB-standardized metrics to navigate regulatory uncertainty and scale infrastructure in energy, transport, and agriculture. The consensus emphasized that achieving these goals requires integrating sustainability into core business models rather than treating it as corporate social responsibility, ultimately aiming to stabilize long-term capital flows through predictable policy frameworks and transparent risk management.
- Milken Institute56 min
ISIS and Global Terrorism: What It Will Take to Defeat Them
Michael Weiss, Nada Bakos, Tony Blair, Lindsey Graham, Brett McGurk
A panel of military, political, and diplomatic experts assessed the strategic evolution of ISIS as it pivots from territorial control to global exportation while integrating European nationals into senior leadership roles. Senator Lindsey Graham advocated for expanding U.S. troop levels to 10,000 in both Iraq and Syria to support indigenous forces, whereas Prime Minister Tony Blair emphasized a generational strategy to counter the ideological roots of radicalization rooted in failed multiculturalism. Despite significant progress in degrading ISIS financial networks and targeting senior commanders, the coalition faces enduring hurdles including Arab hesitation to target the Assad regime, internal instability in Iraq, and a projected conflict duration spanning decades.
- Milken Institute1h 1m
Food Security: Strengthening the Global Supply Chain
Cristina Alesci, Pierre Ferrari, Marc LePage, Kimbal Musk, Martin Short, Kenneth Simril
Executives from Heifer International, Genome Canada, and The Kitchen convened to address the critical challenge of feeding a growing global population while mitigating climate change impacts. The panelists outlined a strategic shift away from unsustainable industrial commodity farming toward localized systems, genomic breeding, and protein alternatives that enhance smallholder productivity and nutritional security. Speakers emphasized that achieving these goals requires systemic regulatory reform, advanced infrastructure to reduce food waste, and economic incentives to internalize the environmental costs of current agricultural practices.