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Special Release
Featuring Mike Green
Originally available only to our Patreon subscribers, this recording is a continuation of our conversation on the decline of active management, as well as a discussion about how we are repeating many of the errors that laid the groundwork for the dictatorship of Julius Caesar and the eventual fall of the Roman Republic.

This is the second part of our Hidden Forces episode with Mike Green on the rise of passive investment strategies and their impact on market structure. Originally available only to our Patreon subscribers, this recording is both a continuation of our conversation on the decline of active management, as well as a historical discussion about how we may be repeating many of the errors and societal dramas that laid the groundwork for the dictatorship of Julius Caesar and the fall of the Roman Republic.

If you are a regular listener of Hidden Forces or simply value the work that we do, please consider subscribing to one of our three Patreon Premium Content Tiers. Access to overtime audio segments like this one are only part of what you can expect to receive with your subscription. Transcripts and rundowns of each episode are available to Autodidact and Super Nerd subscribers. Demetri also prioritizes communication with subscribers through Patreon’s community message boards and comments sections on each and every post. 

You can access our overtime segments, transcripts through the Hidden Forces Patreon Page. All subscribers also gain access to our overtime feed, which can be easily added to your favorite podcast application. 

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

Subscribe & Support the Podcast at http://patreon.com/hiddenforces

Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod

Michael Green has been a student of markets for nearly 30 years with a particular focus on market structure.  His work on the impact of the growth of passive investing has been presented to the Federal Reserve, the BIS, the IMF and numerous industry groups.  Most recently he was a discretionary Portfolio Manager for Thiel Macro, LLC, the private office of Peter Thiel.  Prior to joining Thiel, he was Founder and Chief Investment Officer at Ice Farm Advisors, a discretionary macro fund seeded by Soros Fund Management. Prior to founding Ice Farm Advisors in 2014, Mr. Green was a Managing Director and Portfolio Manager at Canyon Capital Advisors LLC where he founded the New York office, growing it to over $2B in AUM.  Mr. Green holds a CFA designation and received a B.S. from the Wharton School, University of Pennsylvania.

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