CAPITAL CALL #2: WHY IS DREW BUYING BOAT ANCHORS ON MARGIN?
Brought to you by The Woodworth Contrarian Fund
First came the fake tweet. Then the denial. Then the real news. In between? Trillions moved, short sellers panicked, and the market posted one of its most dramatic rebounds since the Second World War. We walk through the tariff mess, what it means for inflation and reshoring, and whether the market just got gaslit by its own optimism. Also on deck: why warrants beat options, how fiat currency really works, and why Drew is bullish on boat anchors—again.
DEEP ROOTS. STUBBORN GROWTH. OREGON BASED.
Episode Breakdown:
(00:00) Intro & Bearer Bonds
(01:38) Tariff Whiplash & Rumor Rally
(05:05) Insider Trading Signals
(07:18) Global Trade Gets Weird
(20:17) Currency Power & The Balboa
(28:04) Short Selling & GameStop PTSD
(40:14) Warrants vs. Options
(42:11) Liquidity & Value in 2025
(44:03) Oregon Capital Deserts
(51:41) Shipping Chaos & Starbulk
(53:13) Fiat, Boat Anchors & Economics
(1:04:00) Earnings & Tariff Mispricing
(1:07:30) Closing & Contrarian Edge
Brought to you by The Millegan Brothers & The Woodworth Contrarian Fund.
Quinn Millegan: www.linkedin.com/in/quinnmillegan
Drew Millegan: www.linkedin.com/in/drew-millegan
The Millegan Memo (monthly newsletter): www.woodworth.fund/news/tag/The+Millegan+Memo
Woodworth Contrarian Fund: www.Woodworth.Fund
Capital Call: CapitalCall.Stream
Inquiries: info@woodworth.fund
Capital Call #2 with Quinn Millegan & Drew Millegan , managers of the Woodworth Contrarian Fund.
April 11th 2025 Post-market-close
DEEP ROOTS. STUBBORN GROWTH. OREGON-BASED.
Now is a great time to diversify your portfolio with an investment into an award-winning fund. Call us or visit our website to inquire on an investment today in the Woodworth Contrarian Fund as an accredited investor.
(800) 651-1996 - info@woodworth.fund - www.Woodworth.Fund
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Drew Millegan (left) & Quinn Millegan (right) in front of the Charging Bull in New York City.
About the Managers: Brothers Drew Millegan and Quinn Millegan manage the Woodworth Contrarian Stock & Bond Fund, a hedge fund based in McMinnville, Oregon. They grew up in the finance world, and specialize in contrarian investment strategies in the US Public and Private markets.
Something missing from your portfolio may be a diversification into the Woodworth Contrarian Fund for accredited investors. Now is a great time to diversify your portfolio with an investment into a multi-award-winning fund. An exposure to a value-based contrarian strategy is a unique opportunity for your long term capital that you’re seeking aggressive returns for. With eight years of the Woodworth Fund under management, the Millegan Brothers are trained stock-pickers and experienced venture capital investors with a proven track record. Give us a call today to discuss a liquid investment with independent administration and independently audited monthly statements and a personal relationship.
