Chris DeMuth's State of the Markets August 2023

It's time to welcome back Chris DeMuth for his monthly state of the markets. For this August 2023 edition, Chris provides his take on the FTC in general, Horizon/Amgen case, deep dive into CVRs and, of course, the Microsoft / Activision deal.

For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/

Chapters:

[0:00] Introduction + Episode sponsor: Stream by Alphasense

[1:43] What's been going on - August 2023; starting with FTC in general

[7:12] State of the FTC, Anti-trust

[11:16] Horizon/Amgen case

[17:30] Deep dive into CVRs

[29:42] Can CVRs present a little risk adjusted alpha?

[35:29] Microsoft / Activision deal

Today's episode is sponsored by: Stream by Alphasense

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