Capital Call: with The Millegan Brothers

About Capital Call: with The Millegan Brothers

Down to the wire - this is the Capital Call. The Millegan Brothers, Co-founders and Managing Partners of the Woodworth Contrarian Fund, bring you the Capital Call - where they explore investments, finance, current events, and the contrarian mindset. We're broadcasting the Capital Call for all the underdogs, hard workers, and big dreamers who have the audacity to think against the grain. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. www.Woodworth.Fund | CapitalCall.Stream NOTHING discussed in this podcast (by the hosts or guests) is financial/tax/legal advice. Investments incur risk.

Publisher

Woodworth Contrarian Fund / The Millegan Brothers

Category

business

Language

en

Explicit

No

First episode

7 Apr 2025

Latest episode

11 Aug 2025

Latest episodes

17 episodes in the feed.

1. 

   11 Aug 2025

   Chip Tariffs at 100%? Hold My Foundry.

   Capital Call #16: Chip Tariffs at 100%? Hold My Foundry. After the July jobs miss and giant BLS revisions, we dig into how fast-moving tariffs are warping prices, margins, and small-biz decisions—and why narrow leadership isn’t “the market.” We debate politicians trading, timing tops (don’t), and when technicals help vs. hurt. Stocks: FreightCar America (RAIL), railcar demand, and why micro/mid liquidity cuts both ways. Tariff watch now includes talk of 100% chip levies and sector-by-sector fallout (pharma, glass, autos). “This Day in Economic History” runs from Britain’s 1914 bank holiday and Bradbury notes to Agnew’s scandal, Barry Bonds’ 756th, Napoleon & the Bank of France, and the 2007 quant quake. Stay liquid. 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 Monday mornings at 2 AM Eastern / 5 AM Pacific. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:00) “Tariff Podcast” & the Venezuelan bolívar bit (00:06) July jobs miss & the big BLS revisions (00:12) Tariff whiplash, data revisions, and trust in stats (00:14) MAG-7 vs “the market” (breadth & exemptions) (00:17) Politicians trading, “is that insider info?” (00:21) Don’t time tops/bottoms: our 3–5 yr playbook (00:23) Technicals vs fundamentals (and when charts mislead) (00:24) Narrow leadership: ex-Mag7 the market’s flat (00:25) Tariffs hit small biz supply chains (import reality check) (00:29) PPI watch & talk of 100% chip tariffs (00:29:48) Stock segment: FreightCar America (RAIL) & rail demand (00:33:20) Micro/mid liquidity, risk, and “buying dips” the sane way (00:34:10) Recession chatter: alcohol, glass, and defensives (00:35:40) Pharma tariffs, domestic capacity (AZN, MRNA) (00:41:12) This Day in Economic History: 1914 bank holiday → 2007 quant quake Topics include: tariffs, BLS revisions, PPI, Magnificent Seven breadth, insider trading ethics, long-horizon investing, FreightCar America (RAIL), rail demand, pharma capacity, 1914 bank holiday, Agnew probe, Barry Bonds 756, 2007 quant meltdown, This Day in Economic History. Quinn Millegan:⁠ ⁠⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)⁠www.linkedin.com/in/quinnmillegan (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) ⁠⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0)Drew Millegan:⁠ ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter):⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund:⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund)⁠www.Woodworth.Fund⁠⁠⁠⁠ (about:blank) Capital Call:⁠ ⁠⁠⁠CapitalCall.Stream⁠⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund Capital Call #16 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 8/7/25 - Coming straight to you (almost) every Monday morning at 2 AM PT / 5 AM ET.

2. 

   28 Jul 2025

   Caffeinated Finance: Shorting Kohl’s Was a Mistake. So Was Touring the Fed with Trump.

   The Millegan brothers are back and caffeinated—because nothing says “financial insight” like Celsius-fueled rants about Japanese mini trucks and tariff math that would make an IRS auditor throw their 10-key out the window. We cover everything from Powell’s hostage tour of the Fed building to why Kohl’s is apparently the new GameStop (but with real estate and fewer Reddit jokes). We unpack why small caps are lagging, how inventories are running on borrowed time, and why tariffs are just taxes in a trench coat. Helen of Troy (HELE) makes a surprise appearance as a boring beauty brand with surprisingly sharp moves—and an undervaluation that shampoo alone can’t explain. Plus: dividends get dissected, bankruptcies are booming, and we deliver a short-selling masterclass that ends with... “please stop shorting companies that own $8 billion in property.” We close with This Day in Economic History, featuring the First Bank of the United States, an early case of Reconstruction-era financial flexing, and a presidential radio debut that changed economic messaging forever—along with a handful of oddly specific surprises we didn’t see coming either. 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 Monday mornings at 2 AM Eastern / 5 AM Pacific. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:00) Intro, Car Trouble, and Classic Cars (02:08) Summer Markets & 'Sell in May' Seasonality (05:05) Index Rundown & Small Cap Rebounds (06:38) Trump vs Powell at the Fed Building (09:10) Tariffs, Japan Deal & Trade Deficit Myths (12:12) Importing Kei Trucks & Registration Loopholes (15:00) Consumer Sentiment and Political Bias in Markets (17:00) Dollar Weakness and Manufacturing Implications (19:08) Tariff Inventory Burnoff and Price Hikes (21:34) Record Bankruptcies and Stock Market ≠ Economy (24:00) Helen of Troy, Dividends, and Insider Ownership (27:06) Kohl’s Meme-ification and Short Squeeze Mechanics (33:40) Market Efficiency vs. Mispricing Opportunities (38:00) Kraft Heinz Breakup & Food Sector Competition (44:56) This Day in Economic History Topics include: tariffs, trade deficits, Powell vs Trump, Fed independence, small cap stocks, Russell 2000, meme stocks, Kohl’s short squeeze, dividend investing, dollar weakness, inflation, supply chains, Helen of Troy, Japanese Kei trucks, Kraft Heinz breakup, rail mergers, antitrust law, economic indicators, market inefficiency, This Day in Economic History. Quinn Millegan:⁠ ⁠⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)⁠www.linkedin.com/in/quinnmillegan⁠⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) Drew Millegan:⁠ ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter):⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund:⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund)⁠www.Woodworth.Fund⁠⁠⁠⁠ (about:blank) Capital Call:⁠ ⁠⁠⁠CapitalCall.Stream⁠⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund Capital Call #15 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 7/24/25 - Coming straight to you (almost) every Monday morning at 2 AM PT / 5 AM ET.

3. 

   14 Jul 2025

   The Fed’s Confused, the Market’s Delusional, and We’re Buying

   In this episode of The Capital Call, we unpack the fallout from the “Big & Beautiful Bill”: surprise taxes on gambling, tips, and a deficit-busting combo of corporate cuts and entitlement trims. We break down the return of Trump-era tariffs, copper duties, and the strange case of disappearing cable lines. Nvidia hits a $4 trillion valuation, sparking a comparison to entire national economies, while the Fed remains split on rate cuts. The U.S. dollar has its worst start since 1973, and we debate whether market highs mean anything when they’re driven by a handful of mega-caps. We discuss reshoring, rare earths, Bitcoin’s run past $116K, and the case for doing nothing in a noisy market. Plus: bank earnings are coming, and in This Day in Economic History, we revisit Death Valley’s hottest day, the Scopes Monkey Trial, and Andrew Jackson’s war on the central bank. 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. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:26) Welcome Back: Beers, Burgers, and Big Bills (03:09) Gambling Tax Glitch (06:13) Copper Tariffs & Cable Theft Allegations (09:20) Photon Time Travel & Feynman's Weird Thought Experiment (12:23) Nvidia vs. France: The $4 Trillion Showdown (15:27) Fed Meeting Drama & The Myth of the All-Powerful Chair (18:07) Dollar Decline: What It Means for Real Market Returns (20:00) Reshoring, Rare Earths, and Massachusetts’ Bet (23:04) Stock Market's Thin Highs & Survivorship Bias Explained (25:15) Tariff Theater and the “Just Kidding” Trade Strategy (27:03) Bitcoin Mania: $116K and Still Just Gambling? (29:09) Long-Term Holding and Crypto FOMO Regrets (31:11) Bank Earnings Preview & Boring Slide Decks Matter (32:13) This Day in Econ History: Death Valley & Monkey Trials (43:12) Jackson vs. The Bank: The Original Fed Fight Topics include: gambling tax loophole, tip tax repeal, Big Beautiful Bill, Trump tariffs, China trade war, copper tariff, Nvidia $4 trillion valuation, U.S. dollar decline, Federal Reserve rate cuts, stagflation, rare earths reshoring, Bitcoin $116K, crypto vs gold, stock market highs, mega-cap tech rally, Fed dual mandate, Q2 bank earnings, Wells Fargo, Scopes Monkey Trial, Death Valley record heat, Andrew Jackson central bank veto, economic history July 10th Quinn Millegan:⁠ ⁠⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)⁠www.linkedin.com/in/quinnmillegan⁠⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) Drew Millegan:⁠ ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter):⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund:⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund)⁠www.Woodworth.Fund⁠⁠⁠⁠ Capital Call:⁠ ⁠⁠⁠CapitalCall.Stream⁠⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund Capital Call #14 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 7/10/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET.

4. 

   30 Jun 2025

   Nike Ducks Tariffs, Canada Jabs U.S. Tech, and LBJ Punches the Fed Chair

   Quinn Millegan and Drew Millegan analyze market-moving events like index reshuffles, trade disputes, and monetary policy, revealing insights into passive fund flows and international economic tensions.

5. 

   23 Jun 2025

   Can David Deming Fix Interest Rates and Self-Driving Cars in One Episode?

   Pegasus Equestrian Director David Deming joins Quinn Millegan and Drew Millegan to analyze interest rates, Middle East tensions, RoboTaxi competition, and Alphabet's valuation in this interview.

6. 

   16 Jun 2025

   Why ICE Might Be the Most Expensive Tax on Your Grocery Bill

   Quinn Millegan and Drew Millegan, managing partners at Woodworth Contrarian Fund, examine the potential impact of ICE labor crackdowns on U.S. agriculture and grocery prices, discussing tariffs, minimum wage, and inflation.

7. 

   9 Jun 2025

   Tesla’s Overpriced, Stellantis Is Cheap, & the SEC has a Birthday.

   Quinn Millegan and Drew Millegan, managing partners at Woodworth Contrarian Fund, analyze Tesla's valuation, Stellantis's potential, and the SEC's impact on market transparency.

8. 

   2 Jun 2025

   Capital Call: Now with 100% More Steel Tariffs

   Quinn Millegan and Drew Millegan, managing partners at Woodworth Contrarian Fund, analyze the economic impacts of steel tariffs, U.S.-China trade dynamics, and Jamie Dimon's market predictions, revealing hidden connections between economics and historical events.

9. 

   27 May 2025

   Bond Yields, Nuclear Power, & the Futurama Finance Plan

   Quinn Millegan and Drew Millegan, managing partners, discuss tariffs, Nippon Steel's acquisition of U.S. Steel, Tesla's competition with BYD, Japanese bond yields, nuclear policy changes, and Rockefeller's legacy.

10. 

    22 May 2025

    Can AI Diagnose a Soul? Dr. Woo thinks NOT

    In this special episode #7.5 of The Capital Call, US Army resident Dr. Nicholas Woo returns for a deep (and occasionally unhinged) dive into AI’s role in modern medicine. We talk liability nightmares, tech bro delusions, machine malpractice, and why you still want a human with a pulse when your chest hurts. From payroll taxes for robots to cobblers and blacksmiths, this one’s a ride. 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. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. PLEASE NOTE: The views and opinions expressed by Dr. Nicholas Woo in this interview do not reflect the views and opinions of the Department of Defense, Defense health Agency, Veterans Affairs, or the government of the United States of America.  He also wants to clarify that he's just a resident who hasn't been deployed and everything regarding deployment and infectious disease is ultimately secondhand not meant to be taken as expert opinion or experience Episode Breakdown: (00:00) Will AI really replace doctors? (01:06) Who’s liable when AI screws up? (03:41) Data royalties and AI ownership (06:35) Tech bros, hubris, and healthcare (08:28) Should AI pay a payroll tax? (10:14) Why touch still matters in medicine (13:36) “Just hire the doctor” argument (16:11) The nurse-led AI future? (22:44) AI as the new insurance company? (23:58) Cobblers, blacksmiths, and job security Special Guest Dr. Nicholas Woo: https://www.linkedin.com/in/nicholas-woo-a97aa9a2 (https://www.linkedin.com/in/nicholas-woo-a97aa9a2) Quinn Millegan:⁠ ⁠⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)⁠www.linkedin.com/in/quinnmillegan⁠⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) Drew Millegan:⁠ ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter):⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund:⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund)⁠www.Woodworth.Fund⁠⁠⁠⁠ (about:blank) Capital Call:⁠ ⁠⁠⁠CapitalCall.Stream⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund SPECIAL EPISODE Capital Call #7.5 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 5/15/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET

11. 

    19 May 2025

    Dr. Woo Joins - Meds & Mishaps

    From boot camp to Botox denials, Army Doctor Nicholas Woo joins the Millegan brothers to talk about military healthcare, financial literacy for new recruits (hint: don’t buy the Mustang), and how TRICARE might accidentally be the best health plan in America. We also dive into Boeing’s slow-motion implosion, crypto’s awkward adolescence as it tries to reinvent banking, and why the UnitedHealthcare CEO may or may not have been allegedly shot (you decide). Plus: Vegas, the nickel, the NFL cartel, and Canada’s politest insurrection. Stay for the history lesson, leave wondering if we’ve learned anything at all. 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. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. PLEASE NOTE: The views and opinions expressed by Dr. Nicholas Woo in this interview do not reflect the views and opinions of the Department of Defense, Defense health Agency, Veterans Affairs, or the government of the United States of America.  He also wants to clarify that he's just a resident who hasn't been deployed and everything regarding deployment and infectious disease is ultimately secondhand not meant to be taken as expert opinion or experience Episode Breakdown: (0:00) Dr. Nicholas Woo joins the call (0:51) Army rank and residency explained (3:26) Foot Locker merges with Dick’s (4:53) Army boots aren’t free (8:01) Saudi deals and Boeing’s soap (10:54) The Millegans short Boeing (15:10) Tariffs paused, market unsure (18:05) Investing on Army pay (25:40) UHC fraud and Botox denial (30:19) Public vs private healthcare (38:51) Coinbase hacked after S&P bump (45:39) Crypto, banking, and manufacturing (50:48) Domestic production & economic strategy (1:03:56) This Day in Economic History Special Guest Dr. Nicholas Woo: https://www.linkedin.com/in/nicholas-woo-a97aa9a2 (https://www.linkedin.com/in/nicholas-woo-a97aa9a2) Quinn Millegan:⁠ ⁠⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)⁠www.linkedin.com/in/quinnmillegan (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) ⁠⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0)Drew Millegan:⁠ ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter):⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund:⁠ ⁠⁠⁠⁠ (https://www.woodworth.fund)⁠www.Woodworth.Fund⁠⁠⁠⁠ Capital Call:⁠ ⁠⁠⁠CapitalCall.Stream (https://capitalcall.stream) ⁠⁠⁠⁠ (https://capitalcall.stream)Inquiries: info@woodworth.fund Capital Call #7 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 5/15/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET

12. 

    12 May 2025

    Spoiler: This episode includes beer. Just… not the way you hope.

    This week on Capital Call: with The Millegan Brothers, we cover light topics like international trade breakdowns, militarized drone swarms, 110-hour workweeks that literally kill, and Warren Buffett casually handing off the keys to a $1 trillion empire. Also: Netflix finds a way to make more money when you're broke, Disney opens a theme park somewhere dry and oil-rich, and Portland might get a baseball team if Salt Lake forgets to show up. Oh - and in our "This Day in Economic History" segment, we unpack a short squeeze so brutal it nearly broke the market and left one unlucky investor... extremely overcooked. Stay tuned. Stay liquid. 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. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:25) Congrats to Logan & Nova / $454 Million Spain blackout (02:00) India-Pakistan tensions and weak UK-US trade deal (03:45) Tariff chaos and July 8th deadline prediction (06:10) Corruption, Starlink, and national champions (09:00) Trade philosophy, war readiness, and drone supremacy (14:10) Netflix, Skype’s death, and Disney’s new theme park (18:00) Why Hollywood plays it safe (nostalgia vs. innovation (22:30) American equity vs. European debt culture (24:00) 110-hour work weeks and banker burnout (29:00) Buffett succession and Berkshire's Japan plays (34:00) Taxi medallions, unions, and economic gatekeeping (39:45) Free markets, licensing bottlenecks, and longshoremen (43:00) Portland baseball dreams vs. Salt Lake City (44:10) This Day in Economic History – 2020 unemployment spike (45:08) The 1901 Northern Pacific short squeeze (57:26) Lessons from shorts, beer vats, and market risk (59:45) Wrap-up and dark humor outro More on the Northern Pacific short squeeze: https://novelinvestor.com/the-biggest-short-squeeze-of-the-last-century Quinn Millegan: ⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)www.linkedin.com/in/quinnmillegan⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) Drew Millegan: ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter): ⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund: ⁠⁠⁠ (https://www.woodworth.fund)www.Woodworth.Fund⁠⁠⁠ Capital Call: ⁠⁠⁠CapitalCall.Stream⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund Capital Call #6 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 5/9/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET

13. 

    5 May 2025

    Empires Die, Cartels Cheat, and Oregon Taxes Everything

    What do falling oil prices, orbital battleships, and lab-grown mammoth meat have in common? Apparently, this episode. Brothers Drew and Quinn Millegan spiral through the economics of tariffs, why OPEC is the worst group project in history, and how the U.S. frackers might get kneecapped (again) by Saudi spite. We learn about Norway’s shockingly low-cost oil production, Russia planting flags on the Arctic seafloor, Greenland's prime real estate, and why you can't get your Temu order delivered. Then it’s on to teleportation ethics, hydrogen as a leaky disaster, and the future of synthetic meat. And in this week’s “This Day in Economic History,” Quinn digs into a corporation so powerful it once ran courts, levied taxes, and governed land larger than most nations—until it stumbled, centuries later, into the arms of bankruptcy court just this year. 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. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:00) Tequila and Tariffs: A Cinco de Mayo Kickoff (01:35) S&P Rebounds, But Value’s Still Gone (04:55) Temu Trouble & The End of De Minimis (06:00) Apple’s Great Escape: From China to Vietnam (07:45) OPEC’s Dysfunction and Oil’s Price War Rumors (13:20) Frackers, Cheating Cartels, and the Cost of Crude (18:00) Hydrogen, Oil, and the Renewable Transition Race (23:30) Teleportation is Suicide (and Other Space Thoughts) (32:00) Space Force Wants a Star Destroyer (Seriously) (46:50) This Day in Economic History: A Corporate Empire Rises (and falls) Quinn Millegan: ⁠⁠⁠ (https://www.linkedin.com/in/quinnmillegan/)www.linkedin.com/in/quinnmillegan⁠⁠⁠ (http://www.linkedin.com/in/quinnmillegan%E2%81%A0%E2%81%A0%E2%81%A0) Drew Millegan: ⁠⁠⁠www.linkedin.com/in/drew-millegan⁠⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter): ⁠⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo)www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠⁠ (http://www.woodworth.fund/news/tag/The+Millegan+Memo%E2%81%A0%E2%81%A0%E2%81%A0) Woodworth Contrarian Fund: ⁠⁠⁠ (https://www.woodworth.fund)www.Woodworth.Fund⁠⁠⁠ (about:blank) Capital Call: ⁠⁠⁠CapitalCall.Stream⁠⁠⁠ (https://capitalcall.stream) Inquiries: info@woodworth.fund Capital Call #5 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 5/2/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET

14. 

    28 Apr 2025

    How Greece Saved Itself by Screwing Everyone Else

    This week, Quinn and Drew tackle trade wars, why tariffs age worse than milk, the hidden stupidity behind sales taxes, and the booming business of shipping empty containers across oceans. They dig into SpaceX's money machine, explain why manufacturing didn’t really "die," and marvel at a new $20K EV truck that's basically a grown-up Lego set. Plus: the guy who missed the Titanic because he hated fancy typewriters, Greece’s 1930s currency chaos, and why we're all secretly working for the IRS. Welcome to the next episode of the Capital Call: with the Millegan Brothers, managing partners of the Woodworth Contrarian Fund. After testing various times, for consistency, starting next week you will see a new episode released every Monday morning at 2 AM Eastern / 5 AM Pacific. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:00:00) - Welcome Back: Celsius, Consistency, and the Surprise Ending (00:01:05) - Keynes, LBJ, and Why Politics Was Always Crazy (00:03:08) - Tariffs Gone Wild: 3,000% Solar Panels and the Buyer’s Strike (00:06:12) - Corporate Earnings Dodgeball: United Airlines and Contingency Everything (00:08:24) - Manufacturing Isn't Dead: Why the U.S. Is Still a Giant (00:10:47) - Is the U.S. a Tax Haven in Disguise? (Yes, Sort Of.) (00:13:40) - Portland Taxes vs. Common Sense: A Cautionary Tale (00:19:00) - China’s Growth Ponzi, Collapsing Ports, and What Comes Next (00:35:34) - Slate EV: A $20K Truck to Save the Car Market? (00:48:45) - This Day in Economic History: Greece Defaults, America Gets Named, and a Titanic Near-Miss Quinn Millegan: ⁠⁠www.linkedin.com/in/quinnmillegan⁠⁠ (https://www.linkedin.com/in/quinnmillegan/) Drew Millegan: ⁠⁠www.linkedin.com/in/drew-millegan⁠⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter): ⁠⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo) Woodworth Contrarian Fund: ⁠⁠www.Woodworth.Fund⁠⁠ (https://www.Woodworth.Fund) Capital Call: ⁠⁠CapitalCall.Stream⁠⁠ (https://CapitalCall.Stream) Inquiries: info@woodworth.fund Capital Call #4 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. Post market close 4/25/25 - Coming straight to you every Monday morning at 2 AM PT / 5 AM ET

15. 

    21 Apr 2025

    Back When Mussolini's Brokers Beat Each Other Instead of the Market

    Elon’s busy building the Roman Empire in his nursery, Jerome's deadlifting instead of cutting rates, and brokers in 1925 Italy responded to regulation by going full WWE. Markets are wild - but they always have been. Plus: the ill-fated Jones Act, Chinese shipping, RuneScape-driven economics, Peter Navarro's alter-ego as a sack of bricks, and Quinn breaks the market with his metaphor. Welcome to the next episode of the Capital Call: with the Millegan Brothers, managing partners of the Woodworth Contrarian Fund. DEEP ROOTS. STUBBORN GROWTH. OREGON BASED. Episode Breakdown: (00:00) New Intro (Shoutout Noah McGraw) & Good Friday Vibes (00:42) Elon vs. Navarro: Tesla, Twitter, and Trump (02:55) Volatility and the Death of Fundamentals (06:00) Gaming Economics: Diablo, WoW, and RuneScape (10:18) Tariff Panic and the Market’s Fragile Confidence (14:58) Railcars, Trade Loopholes, and Undervalued Winners (18:52) The Jones Act and U.S. Shipping Dysfunction (24:18) Powell’s Personality, Fed Independence, and Rate Drama (30:45) Fed Politics, Firing Powell, and Hawk vs. Dove (36:18) Interest Rates, Yield Curves, and Recession Signals (47:48) Population Decline, Elon’s Baby Crusade, and Demographic Economics (56:08) Mussolini’s Broker Riot: Margin Calls and Market Chaos (1:03:40) Final Thoughts & Capital Call Sign-Off Quinn Millegan: ⁠www.linkedin.com/in/quinnmillegan⁠ (https://www.linkedin.com/in/quinnmillegan/) Drew Millegan: ⁠www.linkedin.com/in/drew-millegan⁠ (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter): ⁠www.woodworth.fund/news/tag/The+Millegan+Memo⁠ (https://www.woodworth.fund/news/tag/The+Millegan+Memo) Woodworth Contrarian Fund: ⁠www.Woodworth.Fund⁠ (https://www.Woodworth.Fund) Capital Call: ⁠CapitalCall.Stream⁠ (https://CapitalCall.Stream) Inquiries: info@woodworth.fund Capital Call #3 with Quinn Millegan & Drew Millegan, managers of the Woodworth Contrarian Fund. April 18th 2025

16. 

    13 Apr 2025

    Why is Drew Buying Boat Anchors on Margin?

    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 (https://www.linkedin.com/in/quinnmillegan/) Drew Millegan: www.linkedin.com/in/drew-millegan (https://www.linkedin.com/in/drew-millegan/) The Millegan Memo (monthly newsletter): www.woodworth.fund/news/tag/The+Millegan+Memo (https://www.woodworth.fund/news/tag/The+Millegan+Memo) Woodworth Contrarian Fund: www.Woodworth.Fund (https://www.Woodworth.Fund) Capital Call: CapitalCall.Stream (https://CapitalCall.Stream) Inquiries: info@woodworth.fund

17. 

    7 Apr 2025

    Capital Call #1 - Trump Tarrifs: Liberation (from Profits) Day - Musings from the Woodworth Contrarian Fund Managers / Millegan Brothers

    Tariffs, tantrums, and $6 trillion in vanishing value—what better time for the first-ever Capital Call? On this so-called “Liberation Day,” investors were liberated mostly from their gains. Quinn and Drew, managers of the Woodworth Contrarian Fund, unpack policy chaos, circuit breakers, and why Kohl’s might just be the thrift store Picasso—buried under junk, but worth a second look. www.Woodworth.Fund⁠ (www.Woodworth.Fund) Capital Call #1 with Quinn Millegan & Drew Millegan , managers of the Woodworth Contrarian Fund. April 4th 2025 Post-market-close

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

YouTube views

89,994

Score snapshot 15 Sept 2025

Apple Podcasts (US)

5.0 / 5

2 ratings

Spotify

3.6 / 5

20 ratings

Podcast Authority Score: 47 / 100

A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.

Quality

46

Social presence

0

YouTube

72

Engagement

50