When assessing what a political leader is going to do, Marko Papic doesn’t give much weight to the person’s desires. Rather, he looks at what he calls “material constraints.” In other words, what factors will limit the leader’s ability to get what he or she wants.
To Papic, chief strategist at hedge-fund seeding company Clocktower Group, Russia’s Vladimir Putin is ignoring material constraints in his assault on Ukraine. And ultimately, he says, that could lead to the leader’s downfall.
Papic, the author of “Geopolitical Alpha: An Investment Framework for Predicting the Future,” joined the “What Goes Up” podcast to discuss these topics and more.
