Stansberry Investor Hour

As we start a new year, Dan is keeping up with his tradition of sharing his Top 10 Potential Surprises for 2021. Could one of 2020's hottest stocks take a big hit? Could we see a massive correction in the entire market soon? Could Bitcoin continue on its current pace or is a crash imminent? Dan covers these topics and more, sharing some huge surprises that would stun the investing world. And just like last year, Dan plans on coming back to these surprises later in the year to check and see if any of them come to fruition. Plus, Dan brings new guest onto the show, Christopher Mack. Chris works for investment management firm, Harding Loevner, where he started in 2004. Today he works as an analyst in Information Technology, a portfolio manager, Global Small Companies (Co-Lead), and as a Global Equity & World Equity Partner. Dan and Chris have a long in-depth discussion on opportunities they see happening in the markets in 2021. Chris also shares some helpful insights to be aware of that he's learned in his e

As 2020 draws to a close, it's time to look back at an incredible year of Stansberry Investor Hour interviews.  We're not just doing a simple year in review of the markets though. Instead, Dan and his crew took the time to gather up the very best clips from the most important episodes of Stansberry Investor Hour – ones that he says could have a profound impact on your wealth. It's an episode jam-packed with valuable insights from some of the biggest legends in the investing world. Dan recaps some amazing lessons he's found from some influential thinkers like Jack Schwager (episode 183), Annie Duke (episode 181), Raoul Pal (episode 140), Bill Browder (episode 153), John Stossel (episode 159), and many more... Plus, Dan takes a look back at some of the predictions made and how their advice would have panned out if you followed it over the year. It's the one episode this year you DEFINITELY don't want to miss. Listen to Dan's most influential interviews of the year on this week's episode.

On this week's episode of the Stansberry Investor Hour, we're doing something a little different. Long time listeners may remember that on January 3, 2020 (Episode 135), Dan shared with everyone his Top 10 Big Surprises for 2020... Well today we'll take a look back and see how Dan did. Why do this? Dan wants to hold himself accountable. Too often, financial media will just make claims and predictions all day long and never review them down the road for any sort of accuracy. At the Stansberry Investor Hour, we want to do things differently. So Dan wants to be 100% transparent. He covers exactly what he said at the beginning of the year and how those discussions look with the benefit of hindsight... including the topics he was way off on... and the topics he called with incredible accuracy.... It's an episode you won't want to miss.

On today's show, we're bringing in a very special guest... His investing roots run so deep, his family was the subject of the book, The Davis Dynasty: Fifty Years of Successful Investing on Wall Street. This week, Dan invites Chris Davis onto the show. Chris is the chairman of Davis Advisors, an independent investment management firm founded in 1969 with over $23 billion in assets under management. Since its inception in 1969, the Davis New York Venture Fund has outperformed the S&P 500 in 98% of 20-year holding periods. In fact, 4 out of 5 Davis equity funds have been the market since their inception. Chris joined Davis Advisors in 1989 and now has over 3 decades of experience in investment management and securities research. He's even previously been recognized as Morningstar Domestic-Stock Fund Manager of the Year in 2005. During their conversation, Chris shares his philosophy on how discipline in your investments is key to building wealth over time. And why his strategy has produced outstanding result

In a very busy year, Bitcoin has flown relatively under the radar... despite reaching all-time-highs at the beginning of December. Bitcoin is up around 152% year to date. We're steadily seeing higher highs and higher lows. So Dan brought Bitcoin Bull and legendary value investor, Mark Yusko, onto the show to discuss the rise. Mark is the founder CEO and Chief Investment Officer of Morgan Creek Capital Management, which currently has around $2 billion in discretionary and non-discretionary assets under management. He is also the Managing Partner at Morgan Creek Digital Assets... and has been very bullish on Bitcoin for years. He calls Bitcoin a "better form of gold, a digital store of value." Dan and Mark have a long in-depth discussion on the world's most popular cryptocurrency. Dan plays devil's advocate and grills Mark on Bitcoin every which way... What happens if the government tries to ban Bitcoin? What if someone wanted to hack the system, couldn't they steal all the Bitcoin? Won't some new innovation co

The numbers don't lie. Today the stock market is more expensive than it has been at any point in history... More expensive than the 1929 Crash or the Dot Com bubble... Even worse, rampant speculation is as bad as it's ever been. New investors are entering the market like never before, buying call options like lottery tickets. How do we make sense of this environment? Can you reap the big gains of a market like this while trading safely? Dan brings Jack Schwager onto the show to help tackle some of these questions. Jack is perhaps best known for his best-selling series of interviews with the greatest traders and hedge fund managers of the last three decades: Market Wizards (1989), The New Market Wizards (1992), Stock Market Wizards (2001), Hedge Fund Market Wizards (2012), and The Little Book of Market Wizards (2014). Jack has interviewed all of the greatest investing minds on the planet. During their discussion, Jack shares some of the most vital lessons he's learned from these titans, including what they all

Is the 'Fed Put' a real thing? On today's opening rant, Dan reads some excerpts from a Barron's article titled, "Yes, The 'Fed Put' Really Does Exist. That Could Be Bad News for Bulls." Dan examines the facts presented and unpacks what that means for you and your money. Then during this week's interview, Dan sits down for a conversation with Keith Kaplan. Keith is a veteran software architect with over 25 years of experience and is now CEO of Tradesmith. When he's not running his business, Keith speaks frequently for large groups of investors nationwide about the psychology of investing and how our behavior is the #1 factor of investing success. During their conversation, Keith shares a personal story of how developing factor-based investing software for Tradesmith helped turned his personal financial situation around. Before, Keith was deeply in debt despite a good job and growing salary. The situation was so dire, he had to borrowed money from his children to help pay off some of his loans. Today, he's prac

Over the last few years, there's been a few small headlines questioning if value investing is still viable... Now The Economist has published a new article on value investing that has caught Dan's eye. Dan digs into some popular value metrics and the future of the value investor and on his opening rant. Then Dan sits down for a conversation with Annie Duke. Annie is a former professional poker player who won over $4 million in poker before retiring in 2012. Today she is an author, corporate speaker, and consultant in the decision-making space. Annie and Dan talk at great length about her latest book, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts. Annie provides the listeners with a framework for making better decisions and producing more consistent investment results. Annie says by shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive h

On today's rant, Dan gives an update on some of the biggest investing stories still flying under the radar – the rise of Bitcoin, and the growing herd of zombie companies in the United States. Dan shares some facts from the Bank of International Settlements that'll make your skin crawl. Then on this week's interview, Dan sits down with Jim Masturzo, who leads Research Affiliates Asset Allocation Research & Trading Team. Jim oversees both the quantitative modeling used to manage the firm's portfolios and the firms daily trading efforts. Research Affiliates is an amazing website with free resources that can help any investor. During their conversation Jim discuss the firm's philosophy on investing allocation and risk, as well as new products designed to help investors meet their financial goals. And finally, on this week's mailbag, things get a little heated. Dan shares a couple emails from listeners giving their two cents on election fraud. One even challenges Dan and says his financial advice is in "dream

With votes still being tallied in several states days after Election Day, this race has been closer than many in the mainstream media expected. Our mailbag has been exploding with hundreds of questions from listeners about the impacts of each side winning could have on the markets. It's an extremely complex issue that could have big implications for you and your money. So Dan decided to bring in geopolitical expert, Marko Papic, onto the show for this week's interview to help him answer some questions. Marko works as partner and chief strategist at Clocktower Group, an alternative investment asset management firm where he leads the firm's strategy team providing bespoke research to clients and partners on geopolitics, macroeconomics, and markets. Marko is also author of the book, Geopolitical Alpha: An Investment Framework for Predicting the Future. Dan and Marko talk about the implications of a Trump victory versus a Biden victory, the likelihood of the Senate switching, as well as some industries that could

Dan shares a special Election episode of Stansberry's newest podcast: American Consequences with Trish Regan. Trish breaks down the current state of the votes, and what’s to come, with special guests Sean Spicer, Andy Puzder and Dr. Sebastian Gorka. To listen to more episodes of American Consequences, subscribe on your favorite podcast app, or head to AmericanConsequences.com

Value stocks have struggled compared to growth stocks over the last decade... Which is causing some investors to wonder, why bother with value stocks at all? So this week, Dan decided to bring Tobias Carlisle onto the show, to shine a light on this underreported area of the market. Tobias is the founder and managing director of Acquirer's Funds LLC. He also serves as portfolio manager of the firm's DEEP value strategy fund. Tobias has a long track record of success investing in value stocks and has written several books including, Deep Value, The Acquirer's Multiple, Concentrated Investing, and more. Tobias shares his investing philosophy while looking for value stocks, including where he looks to find his biggest winners. The pair make an incredibly compelling case for why many of the world's best value stocks could see a strong resurgence in the coming years, massively outperforming many of the world's most popular growth stocks.

As it stands today, cannabis is still illegal on a federal level. But that could be changing soon... This week, Dan has a conversation with one of the most respected healthcare analysts on Wall Street, Tom Carroll. Tom was previously ranked by Fortune Magazine as the #1 U.S. Healthcare analyst. Tom knows the healthcare industry landscape as well as anyone. In fact, that's what led him to start his newsletter with Stansberry Research, Cannabis Capitalist. According to Tom, when it comes to federal legalization nationwide, we're looking at months, not years. And if you position yourself in the proper stocks correctly before legalization becomes a reality, you could stand to make enormous gains.   Tom even shares the name and ticker symbol of one of his favorite cannabis stocks he's recommending to his readers today

On this week's show, Dan brings repeat guest Kevin Muir onto the show to talk about some big macroeconomic ideas. Kevin is a former institutional equity derivatives trader with decades of experience who now writes about a wide range of financial topics in his newsletter The MacroTourist. Kevin has a way of explaining difficult macroeconomic ideas in ways that are much easier to grasp. The pair discuss a number of topics including market moves around the upcoming election, the long-term effects of the massive spending during the pandemic, and the validity of Modern Monetary Theory. Kevin even shares some predictions about some of the big five tech stocks that you won't want to miss. Plus, we have a mailbag for the ages this week. One listener writes in questions Dan's objectivity in pointing out issues on both sides. Has Dan been influenced by the Northwest liberal bubble? And another listener asks Dan to make the argument against two of his favorite investments... gold and bitcoin.

Common sense isn't as plentiful as it once was... On this week's show, Dan brings a leading expert in the field of evolutionary behavioral sciences in to investigate why. Dr. Gad Saad is a professor of marketing at Concordia University in Montreal, Canada and has famously pioneered the use of evolutionary psychology in marketing and consumer behavior. Gad isn't your stereotypical academic though... In fact, he shares some viewpoints that fly in the face of the overwhelming majority of his peers in academia. Dan and Gad weigh in on a number of controversial topics in this week's episode that are sure to rile up some listeners like left vs right politics, the state of higher education, and the concept of truth itself. Gad expands upon these ideas and more in his newest book The Parasitic Mind: How Infectious Ideas are Killing Common Sense. 

On this week's episode, Dan brings Enrique Abeyta, editor at Empire Financial Research, onto the show to discuss the hottest new trend sweeping across the financial world. Special Purpose Acquisition Companies... better known as SPACs. What are SPACs? How are they different than a regular IPO? And why have they taken off in popularity recently? Is this just the next mania? Dan fires these questions and more at Enrique, and he explains how, with the right guidance, SPACs provide incredible opportunities for regular folks to invest in companies they otherwise would never have access to.

After months of incredibly steady gains from the stock market, many retail investors are currently going all-in on stocks. But Dan shares some startling facts about the global economy that every investor needs to consider before pushing their pile of chips to the center of the table. Next, Dan brings Andrew Furman onto the show for this week's interview, a man with 35 years of experience in energy, trading, and portfolio management. Dan and Andrew have an in-depth discussion about the principles behind Andrew's new book Risk is an Asset, where Andrew details how he uses risk to his advantage while trading options. Andrew lays out a clear warning of the risks involved when traders become overconfident trading options, but assures listeners that "risk is good, as long as it's intelligently managed." Listen to all this and more on this week’s new episode.

In a year that has included a pandemic, a massive market crash, riots, forest fires, the upcoming possibility of a very contentious election, and plenty more... it's understandable that people are incredibly worried. But Dan takes some time to reflect on many of the good things happening in the world today that investors should keep in mind. Dan also brings Matt McCall onto the show, a man with one of the greatest track records in the financial world. Matt is an editor at Investor Place Media and over the past 12 years, Matt has identified over 250 stocks that went on to gain 100%... Plus over 20 other stocks that have gone on to skyrocket 1,000% or more! Matt shares where he looks to find these big winners, plus where he's putting his money today. He even shares the name and ticker symbol of a stock he thinks could easily triple from today's prices. Listen to all this and more on this week’s new episode.

At the Temple of Apollo in Delphi, it's said that three maxims were etched into the stone, which have guided many during their darkest times. Dan revisits this old wisdom, which he rediscovered during his time away, and shows how it is incredibly applicable for anyone investing in the markets today. Dan also sits down with out-of-the-box thinker and fund manager Michael Gayed. Michael runs a unique high-turnover fund that focuses on capitalizing on market anomalies. So far this year, his fund has been crushing the market. Dan and Michael discuss a number of topics including how to handle risk, logical fallacies investors often make, and how Michael uses his strategies to capitalize on emerging trends. Michael also warns of some of the most popular stocks that could be hit hard after the election. Listen to all this and more on this week’s new episode.

Dan is out on assignment today, but earlier this week he sat down with Mark Putrino, a man with nearly two decades experience in the institutional investment management industry as a professional securities trader. Mark has spent more than 15 years as a head trader at three different institutional hedge funds and money management groups. Dan and Mark have an enlightening discussion about the current state of the market and Mark's history with Mario Gabelli and Steven A. Cohen, two of the best money managers of all time. Mark even walks Dan through some incredible buying opportunities that he sees today and what cultivates a winning mindset while trading.  Listen to all this and more on this week’s new episode.