Stansberry Investor Hour

On this week's episode of the Stansberry Investor Hour, Dan invites arguably the #1 retirement expert in America onto the show... He began his career as an elite derivatives trader on Wall Street at Goldman Sachs...  He helped pioneer specialized options trading strategies for large banks like Chase Manhattan and Yamaichi, known as the Goldman Sachs of Japan...  But after over a decade on Wall Street, he grew disgusted with the culture of greed and left his Senior Vice President role to pursue a more fulfilling career practicing medicine.  Today, he shares the secrets he learned as an elite trader on Wall Street with thousands of everyday investors like you, through his franchise of retirement newsletters. Stansberry Research's own... Dr. David Eifrig. Or as he's known around the office, Doc. During their conversation, Dan and Doc discuss some of the absurd examples of excess in the markets today... the likelihood of inflation in the coming years and how much of an impact it can have on your savings... and Do

On this week's episode of the Stansberry Investor Hour, Dan invites an incredibly special guest onto the show. He's served as the Head of Investment Strategy and Due Dilligence for UBS... And spent several years at Bloomberg, where he was Chief Investment Officer for Bloomberg's technology-driven wealth management business, Bloomberg Black...  Today, he is the global investment strategist and head of investment strategy at ProShares, and he has insight into the markets that few can match... Simeon Hyman joins Dan on the show to discuss everything that's going on in the markets today, plus how ProShares is developing products to help retail investors take advantage of major new investment trends and new opportunities.  During their conversation, Dan and Simeon talk about the rise of passive investing... what's going on with the new meme stocks trend... and what changing interest rates mean for you and your holdings going forward...  Simeon even shares some new ETFs that ProShares has developed to take advantag

This week, we're doing something that's never been done in the history of the Investor Hour podcast... It's a two-part interview with two incredibly special guests. The first is a new face to Investor Hour listeners. Berna Barshay is a rising star at Empire Financial Research, who in less than a year has already begun to make a name for herself with her email newsletter read every day by thousands.  During their conversation, Berna shares her unique perspective that has helped her spot massive winners the rest of Wall Street hated, like Lululemon, up over 20x since going public. She's even holding her own webinar for those who want to learn more about her unique strategy. You can find more info at www.empire2021.com. The second guest is a remarkable man who started a hedge fund out of his Manhattan apartment which he grew to over $200 million... He's appeared numerous times on national television where he has broken some of the biggest financial scandals in America...  And he's even climbed Mount Kilimanjaro.

On this week's episode of the Stansberry Investor Hour, Dan invites an incredibly special guest onto the show. He's spent 50 years on Wall Street... survived 9 bear markets... He's appeared numerous times on Fox Business and CNBC's Mad Money – where host Jim Cramer said he's learned NEVER to bet against him... The one and only, Marc Chaikin. Marc has created one of Wall Street's most popular indicators, the Chaikin Power Gauge, which has become industry standard, appearing in every Bloomberg and Reuters terminal in the world, used by hundreds of banks, hedge funds, and every major brokerage site... During his conversation with Dan, Marc shares how lessons from legends like Warren Buffett and Seth Klarman led him to use a unique blend of fundamental and technical analysis to create his Chaikin Power Gauge... Marc explains the key factors his indicators value most, how they're weighted, and even a few sectors of the market – including some company names and ticker symbols – that the Chaikin Power Gauge indicato

After Bitcoin plunged 54% from its all-time-high in April, many crypto speculators are feeling quite shaken... But Dan points out that it's what didn't happen after the crypto crash that’s worth noting... No banks went under... the Fed didn't need to bail anyone out... We didn't see a big systemic collapse... And Bitcoin is still standing... Not to mention, Dan points out that one of the biggest names in the investing world just announced he bought some Bitcoin for the very first time... Then on this week's interview, Dan invites Hugh Henry onto the show. Hugh is an award-winning hedge fund manager, market commentator, real estate investor, and podcaster. Hugh previously worked at Odey Asset Management, before he founded Eclectica Asset Management in 2005, where he achieved a 31.2% return during the 2008 financial crisis. During their conversation, Hugh elaborates on his stance that inflation is more of a social phenomenon than many people give it credit for. Hugh also explains how if you spot some of these s

It's been a rough week for crypto investors...  After Bitcoin reached over $64,000 in April, the world's most popular crypto has plunged as low as $30,000 on some exchanges earlier this week... Dan opens the show with an update on the situation, and tells the listeners what he's doing with his Bitcoin today... Then on this week's interview, Dan invites Dave Collum back onto the show for another great conversation. Dave is the Betty R. Miller Professor of Organic Chemistry and former Department Chair at Cornell University. He's also a staunch Libertarian, a fan of gold, the Austrian business cycle, and he's not at all afraid to speak his mind.  During their conversation, Dave and Dan talk about a wide range of controversial topics, like how the inflation numbers from the Fed are completely bogus, how the climate change industrial complex became corrupt, and how a massive top is currently brewing in the market despite what you're being told.  Then on the mailbag this week, a new listener to the podcast asks Dan

In the final stages of the bull market, thoughtful investing is typically replaced with reckless speculation...   And today, we're seeing warning signs in nearly every corner of the market...  Investors everywhere are throwing caution to the wind in hopes of finding the hottest tech stock, SPAC offering, or cryptocurrency that'll help them get rich quick... So that's why this week, Dan is bringing the listeners back down to Earth by focusing on a corner of the market that fuels nearly every other industry, but has recently been forgotten by most of the financial media... On this week's episode, Dan invites Rick Rule of Sprott Inc. onto the show to talk about natural resource investing. Rick began his career in the securities business in 1974 and has been principally involved with natural resource securities ever since. Over his long career, Rick has originated and participated in hundreds of debt and equity transactions with private, pre-public, and public companies. Today, Rick is widely regarded as one of t

Credit Suisse released a report with some shocking findings about a group of stocks you likely haven't been paying attention to... Across the entire world, across nearly every industry, from small cap to large cap, this forgotten category of stocks has outperformed its peers... and by a wide margin. On the opening rant this week, Dan examines all the facts behind the surprising phenomenon... and discusses what potential investors should do with this information. Then on this week's interview, Dan invites William Green onto the show. William has written for many leading publications like The New Yorker, Time, Fortune, Forbes, Barron's, The London Spectator, The Economist, and many more. He's also interviewed Presidents, Prime Ministers, and scores of the world's most successful billionaire investors. He shares some of the best lessons he's learned in his latest book, Richer, Wiser, Happier: How the World's Greatest Investors Win at the Market and in Life. During their conversation, William gives Dan some fasci

In March, Tesla sold off about 10% of their Bitcoin... Elon Musk said the reason they sold was to, "prove the liquidity of Bitcoin as an alternative to holding cash on the balance sheet..." On the opening rant this week, Dan examines all the facts behind the surprising move... And explains why he's not buying Musk's explanation... Then on this week's interview, Dan invites Thomas Ricketts onto the show. Thomas is President and CIO of Evolutionary Tree Capital Management, a firm exclusively focused on innovation investing. Evolutionary Tree uses their unique investment process to differentiate between hype and real innovation that yields future growth. Their approach has led Evolutionary Tree to find stocks like HubSpot, ServiceNow and Pinterest before they were well known. During their conversation, Dan asks Thomas what the main difference between innovation investing and speculating really is. Thomas explains how his firm uses 8 special criteria to separate the hype from the legitimate long-term opportunitie

Dan opens this week's rant completely beside himself, as he shares the latest story of jaw-dropping excess in the market. But this isn't the story of your typical cryptocurrency pump and dump... Or a message board banding together to try to create the next "meme stock..." It comes from a business you'd never expect in a million years... and Dan calls it the single most insane example of speculative froth he's EVER seen in the markets. Then on this week's interview, Dan invites Ken McAtamney onto the show. Ken is the head of the global equity team and a portfolio manager for William Blair's International Growth, Global Leaders, and International Leaders strategies. Before joining William Blair in 2005, Ken was a vice president at Goldman Sachs, where he was responsible for institutional equity research coverage for both international and domestic equities. Dan and Ken cover a wide range of major growth themes that will likely shape the future investment landscape. Ken presents a ton of unique ideas of how many

Across the entire U.S. stock market, going all the way back to 1926, a small fraction of stocks are responsible for the lion's share of the market's gains. Dan examines this phenomenon with a deep dive into the Bessembinder Study and comes away with a few key takeaways for individual investors trying to beat the market.  Then on this week's interview, Dan invites Kevin Landis onto the show.  Kevin was born and raised in Silicon Valley and has over 30 years of experience in market research, product management and investment in the technology sector. And today, Kevin is the Chief Investment Officer at Firsthand Capital Management, an investment advisory firm he founded in 1994. He currently manages two technology sector mutual funds and a publicly traded venture capital fund. Dan asks how Kevin and his firm were able to identify stocks like Roku, Twitter, SolarCity, and Yelp before they became the massive winners they are today... The two also discuss how the current incentives in the asset management industry

GameStop is selling up to 3.5 million new shares, looking to raise money amid their newfound hype and popularity in the investing world. Dan opens the show by explaining why this is actually a very smart business move... But he says even though it's the right move for GameStop, he wants no part in it. And he cautions anyone else still thinking about jumping on this train. Then Dan invites Kevin Carter onto the show to talk about one of the fastest-growing areas anywhere in the markets, that sadly many Americans overlook. Kevin is the founder and Chief Investment Officer at EMQQ, an Emerging Markets Internet and E-Commerce Index. Over the past 20 years, he's partnered with Princeton economist and indexing legend, Dr. Burton Malkiel, focusing on China and emerging markets, ultimately creating the EMQQ Index. During their conversation, Kevin teaches Dan some stunning facts about the massive opportunity investing in emerging markets outside of the U.S. provides today... (like did you know that over half of the wo

A little-known family investment office made big news this week...  Archegos Capital Management's risky leveraged bets on ViacomCBS Inc. and Discovery Inc. set off a wave of forced liquidations at a number of Wall Street Banks. Estimates show Bill Hwang, the man behind Archegos, levered his positions as much as 5X and so far has triggered the liquidations of positions approaching $30 billion in value. Dan takes a deep look at this story of greed and hubris before leaving listeners with one crystal clear takeaway. Then Dan invites Tucker Walsh onto the show for a conversation about one of the hottest sectors of the market over the past year – small cap growth stocks. Tucker is head of the Small Company Growth Team and lead Portfolio Manager at Polen Capital's U.S. Small Company Growth strategy. Prior to joining Polen Capital Tucker spent 10 years as CEO at Copper Rock Capital Partners and 9 years as Managing Director and Head of Small Cap Growth Team at State Street Research. Tucker and his team look to invest

Shortly after they exchanged hellos, an old friend of Dan's enthusiastically told him about all the money he's made in penny stocks. And what he said next pretty much stopped Dan in his tracks... On this week's rant, Dan takes a look at the continued rise of risky speculations in the markets... and gives some advice for anyone still dabbling in them. Then Dan invites economist Per Bylund in for a conversation about a topic not often discussed on the show. Per is Assistant Professor of Entrepreneurship and Records-Johnson Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University. His research focuses on issues of entrepreneurship, strategic management and organizational economics, especially where they overlap with regulation and policy. Per explains how the long term effects of regulation are easy to ignore because they are often unseen. But if we want as prosperous a world as possible, we should all pull our head out of the sand and begin to pay attention. Dan and Per also

One year ago today, Bitcoin traded for around $5,200... Today, it's hovering around $58,000... When one of your investments has grown to a massive winner, what's the next step? It's a tough question that every investor needs to face on their own. But on this week's rant Dan looks back to the story of Robert Kirby and the coffee can portfolio, which suggests sometimes the best thing to do... is nothing at all. Then on this week's interview, Dan invites Jason Hsu onto the show. Jason is Chairman and CIO of Rayliant, an asset manager who focuses on generating alpha from investing in China and other inefficient emerging markets. Some asset managers tend to lean towards a quantitative approach... Some use a fundamental approach... Jason shares how Rayliant has blended the two into one in order to take advantage of the massive opportunity in China and other emerging markets.  During their discussion, Dan and Jason discuss the massive opportunity in China today... how the Chinese government's hands-on approach diffe

Is gold just another "greater fool" investment? Warren Buffett seems to think so. Or at least, he's said as much in his 2011 letter to investors, when he compared gold to the tulip bulb mania. On this week's rant, Dan examines this point of view and explains what Buffett doesn't seem to grasp when it comes to gold... Then on this week's interview, Dan invites Gregg Fisher onto the show. Gregg is the founder and portfolio manager of Quent Capital, an asset management firm focused on systematically investing in global innovation. Many guests on the show fell in love with finance and investing later in life... but that's not the case with Gregg. Gregg was born into the investment business and well on his way by the time he was a teenager. By the time he left college, Gregg helped pioneer some of the quant trading strategies that are so common in the industry today. During their discussion, Gregg explains why so many small innovative companies are often overlooked. But he stresses that if you're willing to do a l

It’s not the sexiest part of the market, but Dan decides to break down bonds. If you look at the benchmark ten-year bond treasury yield, it has tripled since last year. Does this mean the bond rally is over and we’ve topped out at the bond market? Or is inflation finally kicking in as yields climb? Bond interest rates are the lowest they’ve been since there’s been data for this, and if the Fed keeps trying to stabilize and suppress rates, printing endless cash and buying new government debt, the more dire the economic consequences will be. They should just let the market adjust naturally, or we’ll have 2008 all over again. Dan’s guest this week is Chris Retzler, a portfolio manager at a small-cap growth-fund for Needham Funds Asset Management. His fund thrived during the bear-market bottom, nearly doubling. Retzler’s forte focuses on nurturing long-term relationships with his portfolio companies’ management teams and seeking out undiscovered investment opportunities. The appeal of small-cap stocks is the room

Well, the market proved Dan right yet again. ARK Investment Management, CEO Cathie Wood, and their ETFs lost three out of their 60 billion last week -- Dan knew from ARK’s ballistics charts that the stock seemed to be topping out. While he applauds Cathie and her company for getting into the disruptive tech game in 2014, he knows that Tesla and Bitcoin (part of ARK’s ETF bundle) remain hot stocks that are way ahead of themselves -- and too easily swayed by an Elon Musk tweet. Everyone wants to be in the market right now, but when stocks top out like this, Dan likens it to people contentedly queuing up for a Broadway show, only to be slaughtered once they get inside. Or, in other terms, be cautious right now, investors. Dan’s guest this week is Yoav Sharon, a portfolio manager for the Driehaus Capital Management, in charge of investment research and securities selection. He boasts 16 years of industry experience and has been a senior member of Driehaus’ investment team for eight years. Event-driven investment

Is Bitcoin going to continue to climb, or has it already reached its peak? Dan reflects on the reflexivity of some of these gangbuster stocks. He also shares his must-read pick for financial history books, and not just for great topics of conversation at parties. Then, Scott Helfstein, executive director of Thematic Investing at ProShares, joins Dan to talk about the ever-evolving trends of ETFs. While Thematic Investing seems to have become a new buzz word, Scott argues that the term originated inside ETF trading and Thematic is just the next evolution. Scott also breaks down key sectors that he thinks were transformed by the pandemic in 2020. And finally, on the mailbag this week, Dan answers additional questions about Bitcoin and confronts a staggering accusation of not being humble. Listen to their conversation and much more on this week’s episode.

The Melt Up is upon us... Retail investors are getting rich piling into stocks, irrational exuberance is at dangerous highs, and all valuations have gone out the window.  But is this the big one? Are we seeing the Mother of All Melt Ups? Dan opens the show by sharing a few increasingly troubling news items that have him worried... Next, Dan invites Stansberry Research's, Eric Wade, onto the show for a conversation on all things crypto. Eric is an entrepreneur, investor, screenwriter, and editor of the Crypto Capital newsletter at Stansberry Research. Dan takes this opportunity to ask him all the beginner questions others are afraid to ask: What exactly is Bitcoin? What do I own when I own Bitcoin?  Won't the government try and shut it down?  If they can't do that, won't the government tax and regulate it to death? Could another crypto come along and replace Bitcoin? Eric answers everything Dan throws at him while keeping things simple. He stressed that you don’t need to have a degree in computer science to in