This podcast episode explores the career and insights of Ed Hyman, a legendary figure on Wall Street. Hyman's practical approach to economics, influenced by Peter Lynch and his background in engineering, has been key to his success. The episode also discusses the evolution of data resources, the history and challenges faced by ISI, Hyman's unique approach to market analysis, the difficulty of predicting recessions, and the potential for a recession in the near future. The impact of monetary policy, China's economic slowdown, and the global economic outlook are also discussed. The episode concludes with advice for recent college graduates in the investment industry.