Michael Gayed
The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Michael Gayed reads as The Navigator through his disciplined charting of macro causality chains, politics to policy to profits, translated into tactical position sizing. His deregulation lag thesis shows a leader who tracks not just themes but their velocity and timing through the market cycle. And his insistence that allocation weight trumps asset selection is the navigator's signature discipline: perpetually calibrating the course rather than fixating on the destination.
“Politics goes into the policy, policy goes into profits. It's really more of the profit side, the fundamental aspect of it.”
“Deregulation has a lag. Any executive orders from last year you'll start to maybe see this year showing up in actual earnings. The market is still largely undervaluing the impact of deregulation.”
“What you own matters a lot less than how much you own of it. A large part of the active nature of FMKT is actively trying to see is there momentum in this or that deregulation play.”
Masters in Business: “At The Money: Deregulation Will Free Your Portfolio”
LISTEN AT THE SOURCE ↗THE RECORD IS CHECKABLE