CAPITAL CALL #9: NOW WITH 100% MORE STEEL TARIFFS
Brought to you by The Woodworth Contrarian Fund
Kohl’s explodes upward, tariffs implode in court, and crypto takes a turn for the medieval as a self-styled “Bitcoin king” decides kidnapping is a viable portfolio strategy. We break down the chaos in U.S.–China trade talks, including China’s demand for AI chips and America’s new favorite acronym: TACO (Trump Always Chickens Out).
Jamie Dimon goes full gloom-and-doom in a live interview, warning of bond market carnage just weeks after saying everything looked fine, which either means he’s hedging or auditioning for Treasury Secretary. Meanwhile, we explore the math behind steel tariffs (spoiler: you lose 75 jobs for every one saved), why the most American-made car still isn’t really American, and how free trade continues to confuse people with microphones.
Plus: Andrew Jackson kills a guy, Milton Bradley loses everything over Lincoln’s beard, and stagecoach robbery goes out in a blaze of Canadian feminist glory. Economics has never been this weird or this violent.
Welcome to the next episode of the Capital Call: with the Millegan Brothers, managing partners of the Woodworth Contrarian Fund with a new episode released every Monday morning at 2 AM Eastern / 5 AM Pacific (except when there’s a market holiday like Memorial Day).
DEEP ROOTS. STUBBORN GROWTH. OREGON BASED.
Episode Breakdown:
(00:00) Intro & Value Quote
(01:30) Bias in Investing
(04:00) China, Chips & TACOs
(06:30) Oregon’s Tariff Lawsuit
(08:30) Kohl’s Pop & Short Squeeze
(10:00) Steel Tariffs Fallout
(14:50) The U.S. Can’t Build Alone
(20:00) Bitcoin Torture Case
(25:00) Jamie Dimon Goes Doom Mode
(31:30) Duels, Stagecoaches & Milton Bradley
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 #9 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund.
Post market close 5/30/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET.
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
Best Value-Based Fund '22 | Best Contrarian Managers '22, ‘23, ‘24 | Best Opportunistic High Yield Hedge Fund ‘24
Contrarian Value-Based Hedge Fund of the Year for ‘22/23 & ‘23/’24
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.
