The College Machine
November 23, 2022
In light of our upcoming Thanksgiving break, It’s a quadruple feature today! Kevin O’Neill joins us via the airwaves to talk on money supply and incentives in collegiate sports. Karl Denninger of Market Ticker joins in the conversation to talk on Musk’s acquisition of Twitter and much more. The professor, Russell Rhoads calls in to discuss college expenses and post-pandemic economy. Finally, we’re joined by President & CIO of Cratus Capital LLC, Dan Johnedis to talk on today’s market and more.
We’ll be back on the air next Monday, November 27th at our usual time. Until then, Happy Thanksgiving from the Stocks and Jocks team!
Guests & Co-Hosts
Kevin O’Neill is our Wednesday and Friday morning sports guy. His segment emphasizes what happens off the field as much as what happens on the field. All businesses have their intrigue, but the inner workings of sports organizations find their way into the public domain frequently. Unless a rant from the Chief spills into Kevin’s segment (not an unusual occurrence), he will highlight some of those sports related business issues; but be advised that those highlights usually come with an opinion.
Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement.
Denninger was the founder and CEO of MCSNet in Chicago. Opened as Macro Computer Solutions, Incorporated in 1987, it expanded its service offerings in 1993 to become one of the area’s first commercial internet service providers. Among its customers was the Chicago Public Library, which relied on MCSNet for both internet access and web hosting. In 1997 he led a coalition of ISPs in setting up the Enhanced Domain Name System, a short-lived alternative DNS root which allowed registrants to add their own generic top-level domains. Denninger continued to run MCSNet until August 1998, when he sold it to Winstar Communications for an undisclosed amount. For his efforts, the Chicago Sun-Times dubbed him one of “the movers and shakers who brought Chicago into the Internet Age”. After the sale of MCSNet, he moved to Florida, where he began to devote more time to stock trading and political activism.
Russell Rhoads is the associate clinical professor of financial management at the Kelley Business School at IUPUI. His areas of expertise include behavioral finance, derivatives, market volatility, financial markets and bitcoin and cryptocurrencies. Rhoads most recently was a clinical professor of finance and director of the Master of Science in Finance Program at Loyola University in Chicago, where he taught corporate finance, investments, derivatives, investment banking and financial ethics, among other topics. He also has worked as the head of research and consulting at EQDerivatives; Head of Derivative Research at TABB Group; Director of Education at CBOE Global Markets and as a portfolio manager, equity option trader and equity analyst at a number of companies.
Daniel Johnedis is the President & Chief Investment Officer at Cratus Capital, LLC out of Savannah, GA. Dan oversees the business and investment process, leads the Cratus team and manages the client relationships. Mr. Johnedis has over 30 years of experience in institutional and individual portfolio management, investment research and client service, and has been featured on CNN, Bloomberg, CNBC and more.