Chris DeMuth's State of the Markets November 2023

It's time to welcome back Chris DeMuth for his monthly state of the markets. For this November 2023 edition, Chris provides his take on the opacity and aggression of the FTC, how he is thinking about the Spirit trial, Amazon / iRobot deal and reflections on Charlie Munger.

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

Chapters:

[0:00] Introduction + Episode sponsor: Alphasense

[2:07] What is on Chris' mind this month: M&A, arbitrage, anti-trust, recent podcast with Lena Khan, Chair of the FTC

[7:49] How Chris is thinking about the Spirit trial, and the implications if the merger does not go through

[21:07] Spirit trial: airplane shortages and expert witnesses

[29:35] Spirit / JetBlue bear argument about hot docs

[33:47] Amazon / iRobot deal

[40:16] Final thoughts: reflections on Charlie Munger

Today's episode is sponsored by: Alphasense

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