Shooting The Breeze

Welcome back

The breeze is talking again. The sea too, whispering something older than the market, more enduring than yield curves. This episode was recorded beneath Saharan skies on the island of St. Barts, during Acid Capitalist Summer Camp 2.0. But what is a camp if not a gathering of searchers. A pause in the trade winds to ask the old questions.

I was met by a journalist. Young, wide-eyed, barefoot. She carried a pencil and the memory of a mixtape. She asked me to speak of fear, folly, volatility and love. I answered not with answers but with exhalation. We spoke of exile, of turtles, of the dull ache of markets remembered and misremembered.

Just like Johnny Rotten sang, "This is Not a Love Song", in 1983, this is not an investment interview, more a moment.

The market is a hallucination. It's also a mirror. I once managed billions. Today, I manage time. There's something here, in this place, that bends the arc of memory. You come to St. Barts to heal, or to vanish. Perhaps both.

There is no grand thesis. Only a few half-remembered charts, a Rolling Stones lyric, and the suspicion that finance was never about spreadsheets but about stories.

This episode is a love letter. To serendipity. To misfits. To the exquisite loneliness of being early.

Draw close to the speaker. Tilt your face toward the trade winds. Pour something cold and forget, for a moment, the noise.

The tape begins...

Hugh Hendry

The Acid Capitalist

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Chapters

• 0:00 Opening Vibe: A Blade Runner Beginning
• 3:05 Summer Camp and A Serendipitous Tale
• 8:35 Who is Hugh Hendry?
• 9:32 Life as a Hedge Fund Manager: Then vs. Now
• 11:02 Confidence, Paranoia, and Investment Voices
• 12:06 Lessons from Mike Lynch’s Story
• 14:14 Spirituality, Existentialism, and the St. Bart’s Turtle
• 16:29 Falling in Love with St. Bart’s
• 19:03 Childhood Dreams and Rockstar Vibes
• 23:16 Mentorship, Turning Points, and Pirate Identity
• 26:36 What’s the Meaning of Life?
• 30:00 Dream Guests at Maison Blanc Bleu
• 34:36 Final Wisdom: Sustainable Life & Challenging Dogma
• 36:36 The Hookah Lounge Vision
• 40:04 Parting Advice to the Young
• 43:03 On Love, Family, and Letters
• 44:27 Wrap-Up and DJ Deck