Big Short Reunion w/ Danny Moses: Rising Rates, AI & Private Equity | The Real Eisman Playbook Ep 80

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Steve Eisman (1:05)

Hi, this is Steve Eisman. Welcome to another episode of The Real Eisman Playbook. I'm really pleased to say I have a recurring guest, an old friend, former partner for my big short days at FromPoint, and who is now also a podcaster, Danny Moses, who runs a podcast called On The Tape. Danny, welcome back.

Danny Moses (1:24)

Great to be here. So if you're now lapping me on the podcast arena, just so you know, you went from zero to 60, I'm still stuck at 20, but thank you for asking. Thank you, thank you.

Steve Eisman (1:32)

So you run a podcast called On The Tape. Tell us a little bit about some of your guests, things have been happening on your podcast that are of interest.

Danny Moses (1:41)

Yeah, so I have guests from various fields. Some are technicians, some are strategists. We just had RP Eddy from Ergo, who does geopolitical consulting, whose clients are sovereign wealth funds, hedge funds, governments, corporations, really, really enlightening.

And part of the offering for On The Tape now also includes our substack, What Do We Do, in Contrarian's At The Gate. And just this week...

Steve Eisman (2:05)

Which you work out with...

Danny Moses (2:06)

With Porter Collins and Vincent Daniel, who you obviously know very well. You had them under a couple weeks ago. So now it's kind of all blended together, and Clear Street is now sponsoring...

Steve Eisman (2:15)

Who's Clear Street?

Danny Moses (2:16)

They're a broker dealer on Wall Street that's kind of grown over the last few years, and their service offering is really catering to all, every type of investor. And they do lending, they're clearing, everything. And so we're excited to partner with them. We're going to be doing events with them. But I bring that up, because it's now kind of all coming together. What started out as just On The Tape that I started with, you know, the guys at CNBC, Dan Nathan and Guy Dami, and you've been on the show as one, then they have three or four other properties now. This has now become part of this unit. So it's been great. And, you know, writing, which I know you like to do, it's a great expression. We do a Friday Night Dirty podcast, kind of like your weekly rap. We have it called The Friday Night Dirty.

We just sum up the week and kind of what's out there. And so it's been a lot of fun kind of growing both sides.

Steve Eisman (3:00)

So let's start with your show.

So you interview people like I interview people. Tell us a couple, a few guests in the last, let's say two months, that you thought were particularly interesting. What did they say and what did you learn?

Danny Moses (3:14)

So actually the podcast that just came out this week was with Ergo, which is a political think tank type of geopolitics consulting company. And RP. Eddy, who went to college with Porter Collins at Brown, runs it and gave us his thoughts on everything going on from geopolitical to midterm elections. He wrote a book in 2017 about Cassandras and how they're not just chicken littles and what to look for.

And some of the stuff that came up, you know, there's really interesting was Fukushima has led to a power shortage in Europe because they went anti-nuclear, things like that.

Steve Eisman (3:49)

What was Fukushima and let's go from there?

Danny Moses (3:52)

That was a nuclear facility in Japan that burnt because of the tsunami that occurred. And the point being the reaction to Fukushima around the world by not wanting to build nuclear and that stuff has created potentially the stuff we're in today up to and including AI power issues that we're now, as you know, you've talked about this at length. How are we going to meet this demand? A lot of it's nuclear. I mean, and so it's amazing how one event...