The Outsider's Edge: Why the Smart Money Is Trapped in a Box | Protect the Pile Episode 22 w/ Nick Nemeth

Visit HedgeyeAM.com for more information 00:00 — Welcome to Protect the Pile 01:01 — Meet Nick Nemeth of Mispriced Assets 02:43 — 20 years in markets at 31: Nick's origin story 06:11 — The open letter to Secretary Bessent 11:43 — GFC flashback: no adults in the room 16:22 — "Loans are bad the day you write them" 20:41 — The AI CapEx problem: who actually builds the data centers? 30:16 — Small caps and the experience-economy trade 39:36 — Bank shots: Vertiv, Quanta, and letting winners run 44:...