VGI Partners on its largest holding CME Group $CME (July 2019)
An effective monopoly that would benefit substantially from rising interest rates and/or inflationpic.twitter.com/rlYOyxfIGZ
I don't disagree with the thesis - it may take a while for interest rate volatility to come back, but with US Treasury issuance so high and micro e-mini options coming in the fall, there are reasons to be bullish.
Energy volumes also holding up well... $CME