This week, I had the distinct honor of speaking with Felix Zulauf, a legendary figure in the world of macro investing and the founder of Zulauf Consulting. With over four decades of experience navigating the complexities of global markets, Felix has cemented his place as one of the most insightful and influential voices in finance.He began his career at Swiss Bank before joining UBS, where he rose to become Head of Global Asset Management. In 1990, he struck out on his own to launch Zulauf Asset Management, a fund that managed billions and delivered consistent, long-term outperformance. A longtime member of the Barron’s Roundtable, Felix is known for his sharp macro insights, contrarian thinking, and ability to anticipate major turning points in markets well before they occur.Beyond his impressive track record, what sets Felix apart is his global mindset and philosophical approach to investing. Over the years, he's cultivated a deep understanding of how politics, economics, and psychology intersect to drive market behavior. His insights have shaped how many professionals view the world.In this episode, we spoke about his early years growing up in Switzerland, his path from commercial banking to global strategist, and the motivations behind founding his own firm. We explored how he developed his mental framework and the evolution of his investing process.We also discussed the unique challenges and advantages of managing money independently versus within large institutions, the key geopolitical forces driving markets today, and how he continues to stay sharp after 40+ years in the business.Hope you enjoy this conversation as much as I did.
Felix's YouTube: @zulaufconsulting
Felix's LinkedIn: https://www.linkedin.com/company/27109806/admin/dashboard/
