I am the founder of Variant Perception, a macroeconomic research group that provides investment strategy to asset managers. I co-wrote the best selling books Endgame, a book on the sovereign debt crisis, and Code Red, a book on unconventional monetary policy. I’ve worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. With my friend Turi Munthe, we founded Demotix, a citizen-journalism website and photo agency that takes photographs from freelance journalists and amateurs and markets them to the mainstream media. In 2012 we sold Demotix to Corbis, a company owned then by Bill Gates.
I earned a BA with Highest Honors in History and Economics from the University of North Carolina at Chapel Hill. I received a M.Litt. in Modern History from Oxford University where I was a Rhodes Scholar.
I’m a cultural mutt and grew up in San Blas, a neighborhood of Madrid that had one of the highest rates of drug use in Europe. My parents started Betel International, a drug rehabilitation center that has grown from one addict in 1985 to almost 3,000 addicts in 25 countries. As a child almost all my friends were heroin addicts and most were HIV+ and died of AIDS.
My hobbies are listening to jazz, collecting photography, learning languages, reading loads of books, watching too many classic movies and drinking far too much coffee.
I try not to take myself too seriously. As G.K. Chesterton said, “The reason angels can fly is because they take themselves so lightly.”