Stansberry Investor Hour
Stansberry Investor Hour
About Stansberry Investor Hour
From financial markets and politics to business and social issues, Dan Ferris and our Stansberry Analysts offer candid discussion on today’s most important headlines. Each week you’ll hear exclusive interviews with guest investment experts, authors, and top thinkers such as Jim Rogers, Kevin O’Leary, Glenn Beck, PJ O’Rourke, and Jim Grant. The Stansberry Investor Hour is produced by Stansberry Research, LLC.
This week, a Stansberry Investor Hour listener-favorite returns to the show... Kevin Duffy, editor of The Coffee Can Portfolio newsletter and hedge-fund manager, is back. And on his mind is the spectacular, near-overnight collapse of banks. But the foundation of this month's banking fiasco was laid years ago. He explains how it all started... how Silicon Valley banks had risky loan books balanced with less-risky U.S. Treasurys... how banks' assets tripled during the two years of pandemic-driven government stimulus... and how the bond bubble burst and set off a chain reaction. Kevin also shares that the root of the problem comes from the U.S.'s fractional-reserve banking system and reliance on the Federal Reserve and leverage. A simple way to understand the problems with today's banks is to list the characteristics of an ideal hedge fund. When that list is inverted, it describes a modern-day fractional-reserve bank. ➡️ Watch Here
Shockwaves from the collapse of Silicon Valley Bank and Signature Bank are rippling through markets – from stocks to oil and cryptocurrency. The Stansberry Investor Hour welcomes back legendary trader Todd "Bubba" Horwitz to warn about bank bailouts and his thoughts on "the absurdity" of the Federal Reserve. Bubba tells Dan Ferris and Corey McLaughlin how he's trading soft commodities and mentions how it could be daunting for most investors. But for the brave who buy these assets at good prices, they're in for a reward: "I think we're due for a big market across the board pretty much in all commodities, especially the consumable-goods commodities. Gold and silver, I think they're going to go higher but they're not consumable – they're going to be needed for money pretty soon." Bubba also explains why the "Fed pivot" narrative is a myth... why the 10-year Treasury yield could run up to 6%... and why you should sometimes take a break from financial media, leaving listeners with his final words: "Don't let the day-to-day news get to you." ➡️ Watch Here
This week, you'll get a glimpse of what goes on in the mind of a true innovator in financial strategy. Hailed by Dan as the "godfather of fundamental indexing," Rob Arnott, founder and chairman of the board of Research Affiliates, returns for another provocative interview. As promised, Dan and his co-host Corey kick things off with a mailbag special to celebrate Stansberry Investor Hour's 300th episode. Thanks to listeners like you, we've collected quite a few e-mails. So today, the duo will tackle a couple of the burning questions you've sent us. Another milestone in today's episode comes in the form of Research Affiliates' proprietary RAFI Fundamental Index ("RAFI") strategy, which is nearing its 20th anniversary. Rob shares some history about his pioneering work that's used by industry heavyweights like Charles Schwab and PIMCO. Rob also warns against following the herd by explaining what happens when you mix availability bias and a bubble. And, with the help of monkeys, he shares how inherently flawed the traditional idea of weighting only by market cap can be... In a nod to economist Burton Malkiel – who once wrote how a blindfolded monkey throwing darts could outperform a fund manager – Rob and his colleagues simulated the monkey for one of their research papers... ➡️ Watch Here
We're eager to have former professional poker player, public speaker, and bestselling author Annie Duke on this week's episode to discuss her latest book, Quit: The Power of Knowing When to Walk Away, teaches you how to be a smart quitter. "Quitters never win, winners never quit." That's not true. Winners actually quit a lot. And it's in fact how they win. When you look at the best investors, they are so good at getting off the positions that aren't so worthwhile that they can then reinvest that capital into things that are worthwhile..." Annie also discusses the psychology behind other common pitfalls for retail investors, like loss aversion, focusing on portfolio outliers, relying on intuition, and more. Today's episode is one you won't want to miss. ➡️ Watch Here 00:00 Inflation status quo 5:08 Recession prospect 11:26 Quit: The Power of Knowing When to Walk Away 19:59 Winners and losers in stock picking 27:08 How does intuition play out in investing? 32:10 Checklist manifesto in investing 38:21 "Stick to the plan" 47:42 Psychological aspect of investing 51:00 Annie’s investment tips
Stansberry Venture Technology editor Dave Lashmet returns to the show. He's our go-to for anything and everything related to emerging technologies. Whether it's the ongoing Russia-Ukraine war... more nuclear threats from North Korea... or the Chinese spy balloon fiasco... geopolitics has already become 2023's overarching theme. It's also why Dave is bullish on one corner of the market in particular... "The simple thesis is that we don't know what 2023 will be like for investors – if it'll be a bear, a bull, or a sideways market. But what we do know is that the best way to play defense in 2023 is going to be to buy defense stocks." Dave also shares one company's stock that is poised to soar thanks to its groundbreaking new stealth technology. And just like other defense stocks on Dave's radar, it has a "very, very, very long [tail]" and "monopolies [on technologies]." Plus, Dave also details exactly what he looks for when screening military tech stocks, along with his "secret decoder ring" for choosing pharmaceutical companies to invest in.
We're excited about this week's Stansberry Investor Hour show... Keith Neumeyer – the founder, president, and CEO of major Canadian mining company First Majestic Silver – shares what it takes to make a fortune in the industry. As Keith explains, "The mining sector brings a huge amount of value to the human race" as many modern technologies rely on it, especially silver... All the different technologies we started to adopt as a human race in the mid-'80s and beyond, I just put two and two together and I said, "Silver is the glue that holds everything together. Without silver, none of this is going to work." Silver is crucial to modern society, and it can be highly rewarding... as long as you know what you're doing. Before signing off this week's podcast, Keith shares the top qualities novice investors should look for in a mining company. (Solid management is his top pick.) And he recommends not waiting too long to take profits or holding on for the elusive 10-bagger, saying... These things will spike all of a sudden [...] The stock will go up 300%, 400%, 500%, which is fantastic. That's what the mining sector can do for you if your timing is right. But you have to be smart as an investor. If you're up 300%, you'd better be selling something. If you don't, you're an idiot. If you're up 500%, I would suggest you're out of the stock completely. ➡️ Watch Here
The biggest growth story of 2023 has been three years in the making. And today's Stansberry Investor Hour guest is at the forefront of it all... Commodity Supercycles editor Brian Tycangco is Stansberry Research's resident expert in the energy and natural resources space. After being shuttered behind strict COVID-19 policies for the past three years, China is finally open for business with the global markets again. Its residents – with trillions of dollars socked away during those long years – are itching to travel and spend. And the country's high-value manufacturing sites are set to lead a global bull market in electric vehicles. At the same time, Brian says we're seeing an increased U.S. manufacturing presence in labor markets like India, Indonesia, and Thailand – which means incredible investing opportunities across Southeast Asia. Also on today's podcast, Brian urges investors to not be so easily scared off by sensational headlines from Western media... like the furor over Chinese President Xi Jinping's power move to extend his term of leadership or the concerns over the wealthiest citizens leaving the country – and taking their money with them. Thanks to his residency in Asia (the Philippines, to be exact), Brian has gotten a firsthand look at the sentiment. He says, "Everything isn't as bad as it seems in China," and that most Chinese have a "back-to-business mentality." Lastly, when it comes to adding this market to your portfolio, he says you still have to be practical... You don't go all-in on China, but you don't also not have exposure to a place like this. There's always room for China in anyone's portfolio [...] It'd be crazy not to have exposure just because of geopolitics.
This week, one of Dan's favorite guests returns for his fourth Stansberry Investor Hour appearance... Cullen Roche is the founder of portfolio-management firms Orcam Financial and Discipline Funds. He is also the author of two of the most widely circulated research papers in finance and a highly rated book named after his popular financial blog, Pragmatic Capitalism. But first, Dan and Corey examine the biggest news events of the past week. And some have gotten a little too close for comfort to the extreme scenarios in the "Top 10 Potential Surprises for 2023" episode. As for our guest's economic outlook, Cullen discusses why disinflation could be this year's theme... why it's too early to be picking bottoms in the "huge, slow-moving beast" of housing... and why he thinks the Federal Reserve is likely to hike rates a bit more before adopting a wait-and-see approach... ➡️ Watch Here
This week, we're thrilled to welcome a brand-new guest to the Stansberry Investor Hour... who happens to be the lead analyst for Stansberry Research's longest-running flagship publication: Alan Gula. But first, Dan and his co-host Corey discuss the latest hot-button topics: Big Tech's sweeping wave of layoffs, why media coverage of the "debt-ceiling crisis" is just "pure noise," the "cat-and-mouse game" of the lag effects of Federal Reserve policy, and whether there could be an encore to last year's bond-market beatdown. Speaking of distressed investments... today's guest had a front-row seat to the financial crisis, as he was working Barclays Investment Bank's distressed-debt desk when Lehman Brothers filed for bankruptcy. Alan worked at some of Wall Street's biggest firms before joining Stansberry Research. "I think that any good recommendation has a good macro tailwind. And cycles are crucial from a macro standpoint," says Alan. But finding a winner requires more than just the right macroeconomic setup... As Alan states, it's one that "marries both the macro and the bottom-up fundamentals research." He dives deep into his bottom-up research process. And he also shares his No. 1 tip for successful investing.
For today's episode of Stansberry Investor Hour, we've managed to reel in one of Dan's favorite Twitter personalities: Michael Gayed. Michael is the brains behind The Lead-Lag Report, a long-term investment strategy newsletter. According to Michael, "Path matters more than prediction, "... especially in the credit event and the market rally he sees possible in 2023. He relies on multiple indicators that "get ahead of highly volatile regime shifts in equities," and "when they [the indicators] all give you the same message, that's your tell." Michael also breaks down the lumber-to-gold indicator for market moves... the fallacies in market timing and adapting to the market... the meaning behind his Twitter profile picture... and more. Plus, you'll also hear Dan and Corey discuss how stock bulls pinning their hopes on a Fed pivot could be in for a disappointment and the latest in shenanigans from the duo's favorite dethroned crypto king.
We're back to our regular Stansberry Investor Hour programming this week. And to kick off a new year of the show, we welcome Greg Diamond, editor of Ten Stock Trader. A chartered market technician ("CMT") and Stansberry's resident expert in technical analysis, Greg has almost 20 years of experience in portfolio management and trading across every asset class you can think of. That's why he's the perfect fit for Ten Stock Trader – Stansberry's unique daily trading service in which Greg has nailed down multiple double- and triple-digit winners. According to Greg, "2023 is going to be marked with incredible trading opportunities." He explains that one of the tools for navigating market volatility this year is being able to identify certain trends, and he also explains how technical analysis can help you do that. His strategy might be intimidating for most, but Greg encourages folks to keep an open mind and step out of the box... This is a can't-miss episode. Check it out now.
Today was the first trading day of the new year. So for this week's Stansberry Investor Hour episode, we thought it'd only be fitting to kick off 2023 with our fourth annual "Top 10 Potential Surprises" for investors. Dan Ferris teams up with co-host Corey McLaughlin to bring you this year's list. Keeping with Dan's favorite adage of "Prepare, don't predict," these 10 surprises aren't predictions... They're possible events investors are unprepared for, based on current market conditions. We won't spoil the surprises. But just to give you an idea, you'll hear about... A bullish trend in two assets (including one Dan has never been a fan of) A commonly held view of today's bear market (and why it's a mistake) A specter of the 2021 stock market's most infamous names (and what it portends) A "blistering" market event (one that's guaranteed to "shock the hell out of everyone") A repeat of history (and an event Dan says is his "pet surprise" that he'll always have on his Top 10 list) Dan and Corey also ask each other the show-standard "Final Question," as today's special episode doesn't feature a guest (we'll return to our normal format next week). Plus, Dan reveals his four tips on how to best prepare for all that 2023 could unleash.
This week's Stansberry Investor Hour episode features multiple guests... And they're you, our listeners. You see, we've been reading every e-mail and listening to every voicemail as they've come in. So for today's episode, we're opening the floodgates and sharing as many of your mailbag missives as we can cram into the show's hour. We'll share your feedback – both good and bad – and questions that run the gamut from... What is the most interesting buy-and-hold opportunity considering the crisis in Europe? To... Is Dan about to pass away? Dan and his co-host Corey McLaughlin tackle all your comments and questions. You'll also hear... Dan and Corey's picks for "the most interesting buy-and-hold opportunity" The duo's take on Big Tech's layoffs What made one listener say, "It's the equivalent of Dan getting married and not telling us who this new person is" Why Stansberry Research values conflicting opinions The next "sleeper" crisis that's lurking for the U.S., according to Corey Dan's vote for the "dumbest thing in the world" Market bearishness and what Dan thinks is "baloney" about it Get ready for today's special episode... As Dan says, "There's a lot to unpack."
This week's Stansberry Investor Hour guest is hailed by Dan Ferris as "the blueprint for a great guest." And co-host Corey McLaughlin says, "I get excited when I know he's going to be talking somewhere." Rick Rule is back for his fourth appearance. For our newer listeners, Rick is one of the most accomplished natural resource investors on the planet. He began his financial career in the securities business in 1974 and has been principally involved with natural resource securities ever since. And over his long career, Rick has originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies. Even after a decade of serving as Sprott U.S. president and CEO, he's still spending his retirement years in the markets as founder and CEO of Rule Investment Media. After opening with "the most entertaining [news] item" on their minds this week and an in-depth discussion on natural resource stocks, last week's latest Consumer Price Index report, Big Tech layoffs, and unemployment numbers... the duo chat with Rick about how to navigate the market these days. The get-rich-quick fads – like meme stocks, cryptocurrencies, Cathie Wood's ARK universe, and SPACs (that's "special purpose acquisition companies") – are all "over and done," according to Dan. And success now requires some elbow grease... All that easy money that was a narrative plus a chart that goes up to the right... it's all done. Now, you have to be a bargain hunter. You need to do the bottom-up work. As Rick Rule likes to say, "You need to do the arithmetic." And for people who do the arithmetic and do the work, this is their time to shine. Rick touches on the fundamental analysis behind it all, untangling the complex interplay between the oil industry and politics for listeners. And Dan, who has been itching to know what Rick has to say about investing in natural resources, gets his answer... There's a very good intermediate-term play in the oil and gas sector. Ironically, that's almost guaranteed by our government. [... ] If you are willing to subject yourself to government stupidity both in the United States and Canada – which is to say, if you are willing to subject your purse to the twin threats of Biden and Trudeau – then the opportunities become truly staggering. While Rick doesn't shy away from natural resource investments that carry "complex political risk" and require some arithmetic legwork, he understands listeners might hesitate to do the same. If you're eyeing oil and gas stocks, he suggests Big Oil could hold the key for some great intermediate-term returns. So, whether it's hunting for the latest investment opportunities in uranium, natural gas, or precious metals... or poking fun at a few world leaders... Rick covers it all in this week's episode.
If anyone can make Dan exclaim, "If you don't get the hell away from your microphone, I'm going to keep you here all day," it's today's Stansberry Investor Hour guest: geopolitical strategist and New York Times bestselling author Peter Zeihan. But first, Dan and his co-host Corey McLaughlin kick off the show by dissecting the conflicting – and confusing – news headlines on the direction of stocks and housing into 2023. The duo also evaluates ARK Investment Management founder Cathie Wood's latest Twitter ramblings (and why she sounds like a certain founder of a certain defunct cryptocurrency exchange). Circling back to today's guest, Peter is also the founder of his own firm, Zeihan on Geopolitics, where he provides his expert analysis to clients that include Fortune 500 companies, trade associations, policymakers, and government agencies of all levels. His first three books – The Absent Superpower, The Accidental Superpower, and Disunited Nations – have been recommended by U.S. Senator Mitt Romney, political scientist Ian Bremmer, and CNN anchor Fareed Zakaria. His fourth book, The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, was published in June 2022 and is a New York Times bestseller. And in this week's episode, he and Dan start by diving into the topic of deglobalization. Peter says the pace of deglobalization has accelerated since the start of the current decade – fueled by declining birth rates and an aging population. Additional kindling has come in the form of the COVID-19 pandemic, Chinese President Xi Jinping's narcissistic "cult of personality," and the Russia-Ukraine war. Global economies are in for some grim times... And as Peter puts it, "We are looking at the end of the world that we understand – probably in the next 36 months."
We're kicking off this week with a special Stansberry Investor Hour episode on all things cryptocurrency... and it's a roundtable talk. Dan Ferris and co-host Corey McLaughlin sit down with the perfect guest for today's show: Stansberry's in-house crypto guru Eric Wade. Eric is the editor of Crypto Capital, Crypto Cashflow, and the Stansberry Innovations Report at Stansberry Research. He got his start in cryptos by mining bitcoin and Ethereum and quickly moved on to building and programming his own miners... before going on to rack up big gains in crypto investments. Despite the drama the FTX crash has caused, Eric says there's something afoot right now that's "much bigger news in the long run." As for the rest of this week's roundtable, Dan, Eric, and Corey discuss the future of crypto regulations... how "Brazil is the middle-class taxpayer of America"... and some challenging questions on bitcoin as a currency (posed by the ever-skeptical Dan). Plus, the trio examines last week's New York Times interview with disgraced founder Sam "I've Had a Really Bad Month" Bankman-Fried – one that was equal parts bizarre, awkward, and, as Corey describes, riveting.
Even though stocks finished the week higher, investors have several new reasons to snap out of the holiday-weekend lull as economic and market uncertainties still loom ahead... like the geopolitical risks surrounding Taiwan's elections, a stateside natural disaster, and the latest in struggling world economies. But, as Dan says, instead of worrying about how the world's problems will be solved, you should focus on ensuring the best defense for your portfolio. That's why he has brought on an expert in risk management, James St. Aubin, the chief investment officer of Sierra Investment Management.
This week's Stansberry Investor Hour episode features one of the most accomplished financial journalists today. He's a returning guest, and his latest book couldn't have come out at a better time... But first, Dan and Stansberry Digest editor Corey McLaughlin start off the episode's "opening rant" by taking on a recent headline-maker: the FTX debacle. The world is watching rapt as global authorities comb through the wreckage left by the collapse of this prominent cryptocurrency exchange... only to discover that "it's worse than we initially thought." Among other "scandals and wonderful things that crashed and burned," as Dan puts it, no one can forget the shocking downfall of another market monolith: General Electric (GE). This company gave us life-changing innovations like the light bulb, radio broadcasts, fluorescent lamps, X-ray machines, jet engines, and more... before it went into a dramatic tailspin starting two decades ago. That's why today, award-winning author William D. Cohan joins us for his second appearance to cover this spectacular corporate meltdown in depth. His latest book, Power Failure: The Rise and Fall of an American Icon, features rare interviews with key figures from GE (like former CEO Jack Welch). Published just a week ago, it has already drawn scores of praise. William's prolific career includes several other books – three of which are New York Times bestsellers – and writings for numerous financial publications like Fortune, Barron's, and the Financial Times, to name a few. Plus, he has 17 years of experience in mergers and acquisitions (M&A) banking at some of Wall Street's biggest firms like Lazard, Merrill Lynch, and JPMorgan Chase. Dan picks William's brain about the writing process for his book... There's a dead body on the floor, and how did it get there? I'm doing the autopsy. I'm doing a corporate autopsy. How did GE go from being the valuable, most respected company in the world to irrelevant, being broken up, being a fraction of both what it was worth and the respect people had for it? The two discuss GE's beleaguered history... and then William shares his No. 1 qualitative factor in fundamental analysis that investors should always consider while researching a stock.
This week, Stansberry Investor Hour listeners are in for a treat... Dan has brought back Empire Financial Research's own (and listener favorite) Enrique Abeyta, editor of Empire Elite Trader, a short-term trading service that draws from a pool of mid- to large-cap stocks. Dan and Enrique launch into a spirited discussion about the belief that a stock's value directly correlates to the company's value. And Enrique warns about the danger of believing that this is 100% true... He explains what Dan calls "a more inclusive, superior mental model for someone who wants to trade stocks for less than five years"... and discusses how sentiment and positioning matter more for stocks over the short term, with fundamentals and macroeconomics becoming the main drivers over the long term. Enrique also explains the power of "positive psychology" and keeping a disciplined approach for investing success. Plus, he reminds listeners that there's a silver lining in rough markets like today's and that these are truths rooted in history...
Last month, your Stansberry Investor Hour host and Extreme Value editor Dan presented at the 20th annual Stansberry Conference alongside dozens of exceptional speakers. And today, he's giving his listeners a special peek into one of the panels he participated in with fellow editors. This wasn't your typical roundtable discussion... Instead, moderator and Stansberry Research's Director of Research Matt Weinschenk had gathered some of Stansberry's "more outspoken and colorful personalities" for a lively game of "Bull, Bear, or B.S." Dan is joined by his colleagues: the Retirement franchise's Dr. David "Doc" Eifrig, Crypto Capital and Crypto Cashflow's Eric Wade, and Matt McCall of The McCall Report and Matt McCall's MegaTrend Investor. The four must each choose whether they're bullish or bearish – or calling B.S. – on some of the most controversial topics in finance today. They also share their viewpoints on the current stock market valuation in terms of the CAPE Shiller P/E (that's cyclically adjusted price-to-earnings) ratio. You'll also hear each editor's take on the future of the housing market, consumer spending, energy stocks, bitcoin, and the metaverse – including Dan's hot take on well-known companies like gaming pioneer Atari grabbing up virtual real estate... You can also click here to watch a video of the panel on YouTube.
The podcast Stansberry Investor Hour is embedded on this page from an open RSS feed. All files, descriptions, artwork and other metadata from the RSS-feed is the property of the podcast owner and not affiliated with or validated by Podplay.