Special Event: Lumida Wealth x Robles Family office
Episode publishedPodcast: Lumida Wealth : Non-Consensus...Lumida Wealth : Non-Consensus Invest Beyond the Ordinary
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Well, thank you all. I'm Angelo Robles. I've known this guy for 2013, I think, was the first time I met him. I was doing one of my programs at the Westchester Country Club in Westchester, and, like, who's this guy asking, like, the best questions? So, like, he's so thoughtful. Ram is truly I mean, I've known thousands of investors. I've been so fortunate. I'm gonna put you in interesting company now to have interviewed Ray Dalio, Steve Cohen, Peter Thiel. You are truly a treasure, and it's such a pleasure to be here.
This is my wife. Can someone I
I know. Like, I hear the same thing. Now the last time I interviewed Ram, I have a a little podcast on YouTube. That was the one time where maybe I felt in our four interviews where we had just a little bit of some disagreement. So I'm pretty active in geopolitical circles. Ram and I probably have some different perspectives, and that's good. Like, the problem that we all have, and I'm guilty of this, is effectively getting caught in echo chambers. In the end, an analogy that I use is I play poker and is terribly, by the way. My son's much better. But as new information comes in, you should ad
a live face to face. So I appreciate Angelo very much because he always asked the most thought provoking questions and when it comes to investing, it's not about the answer. It's actually always asking questions and the right questions. It's actually a never ending process of attempting to find the truth, which is also a moving target. Angela's incredibly inquisitive and curious like we all are here. So so thank you
for knows, I'm really hand tied here because normally, my short ones among us are two hours. My longest one of all time is three and a half hours. I felt like the Joe Rogan there going really deep with one of my guests. His name was Jason Ma, by the way. And I have a podcast on YouTube. It's called At Family Office. I'm the original founder of Family Office Association, which I built to be one of the larger organizations in the world. I sold it, and I had a chance now to create my own investment vehicles. And I have a small group now of about a 100 family offices around the world where I've go
Let's just frame it up. Like, this is clearly an extraordinarily complex dynamic with multiple parties, The United States, Netanyahu, Saudi Arabia, China, multiple elements within Iran who also have different objectives and goals. So, like, a chaotic situation will be the right description of it, and if something gets posted on Twitter tonight, that has a lot of impact. So that's just that's observation number one. So, you know, you wanna be humble around how you approach this. Now the stated objective initially by Trump which was reiterated by his treasury secretary on Sunday was, hey, We're
One question then I'll give a little bit of we'll probably have a little back and forth on it. Do you think outside of select special forces that The US will put real boots on the ground?
Well, Trump has never deployed forces and not used such forces. That's one. I'm not saying that he'll go that way or not. Trump himself probably doesn't know what he'll do because How true. Because if if Iran were to say the signal, we wanna get a deal done, then why would he why would he proceed further? But it's hard it's hard to anticipate Iran agreeing to a lot of the points. I mean, both both points are they're irreconcilable. Right? And it's not clear how you enforce the terms. Right? One of the terms is no future aggression. Well, how do you enforce that when you were negotiating about
depend on how elements in Iran respond and
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