Stansberry Investor Hour

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.

Bloomberg recently reported that the Federal Reserve is likely to hold interest rates at 0% for the next 5 years... Whether rates are kept at zero for the full 5 years or not is speculation at this point, but this announcement is bad news for savers and send a clear message to borrowers to keep it going. And during this week's interview, Dan sits down for a conversation with Nick Sorrentino, co-founder of Against Crony Capitalism and the editor of ac2news.com. Nick works as a political and communications consultant whose clients have spanned the political spectrum. Dan and Nick spend their time discussing how we got to this insane level of cronyism in the government and the corporate world. Can anything be done to stop it? Listen to all this and more on this week’s new episode.

Gold and silver have soared higher and higher lately. And many listeners are asking, "What happens to gold and silver next?" But frankly, Dan thinks that's the wrong way to look at it. On this week's episode, Dan explains the mindset you should have about owning precious metals.  He also sits down to have a conversation with Marty Fridson, the Chief Investment Officer at Lehman, Livian, and Fridson Advisors, an SEC registered investment advisor. Marty is one of the most widely-respected fixed income analyst around. In 2000, he was the youngest person ever to be inducted into the Fixed Income Analyst Society Hall of Fame. Dan and Marty discuss what's happening in the high yield bond market, a massive market that people need to pay attention to, but sadly gets nowhere near the attention that equities do. Listen to all this and more on this week’s new episode.

Last week, Kodak's stock was as high as $60 after news of their big deal... Now it's back under $10... And for those who bought in on the run up towards the top, the damage is done. On this week's episode, Dan dives deep into this blatant example of crony capitalism that's unfortunately all too common today. He also sits down to have a conversation with Vitaly Katsenelson. Vitaly's books Active Value Investing and The Little Book of Sideways Markets have been translated into eight languages and Forbes Magazine has called him "the new Benjamin Graham." They have a fascinating conversation about what's happening with the Fed, Tesla, Bitcoin, and why Vitaly bought gold for the very first time.   Listen to all this and more on this week’s new episode.

One big announcement... That's all it took to boost one dying old company from $2.10 on a Friday... To as high as $60 on a Wednesday. On this week's episode I’ll examine some of the foul play surrounding the $765 million Kodak deal that was just announced last week. It looks so bad that the SEC is already involved. I also interview Simon Mikhailovich, founder of The Bullion Reserve, a full service gold solution for accredited investors. We talk about what makes gold better than many other investments, as well as where we see the price going in the upcoming years.

Dan's been ranting about excess in the stock market for ages. And today, he's found the perfect example... when earlier this week one of the least innovative businesses in recent memory soared over 1,400% thanks to some surprising news. Then on this week's interview, Dan welcomes guest Amity Shlaes on to the show. Amity chairs the Board at the Calvin Coolidge Presidential Foundation, famous for sponsoring the Coolidge Scholarship, a full academic scholarship for academic merit. Amity has written five books, four of which are New York Times Best Sellers, including The Great Society: A New History, The Forgotten Man, Coolidge, and The Greedy Hand. Dan and Amity discuss several of her books and how the historical episodes she writes about are instructive for investors today. And finally on the mailbag, one listener asks Dan... what's going on with silver? And another listener asks, Dan, you've been right on so many calls... why aren't you more aggressive?

When stocks are soaring and sports bloggers like Dave Portnoy of Barstool Sports and talking about how easy it is to make money in the stock market, it might be time to worry. Dan opens this week's episode by reminding listeners, "this is exactly what it sounds like at the top." Then on this week's interview, Dan welcomes guest William Cohan on to the show. Will started his career as an investigative reporter for the Raleigh Times before eventually setting his sights on Wall Street. He quickly began a successful career as a mergers and acquisitions banker, eventually becoming a managing director at JPMorgan Chase. Will and Dan discuss a wide range of topics including Will's latest book, The Last Tycoons: The Secret History of Lazard Frères & Co. Will says, "That's why I wanted to write this book... to share with people what it was like to work at this firm, which had this soaring reputation and was filled with, as you pointed out directly, Great Men but was utterly dysfunctional, utterly chaotic." Will gi

On today's episode of the Stansberry Investor Hour, Dan rants about one of the funniest and most ridiculous news stories you'll see in 2020. No, really. He also takes time to warn listeners about the herd of new day traders buying Tesla shares by the thousands. "I think it's 1998 all over again!" Then on this week's interview, Dan welcomes guest Peter Pham on to the show. Peter is the founder and chairman of Phoenix Capital, a bespoke advisory firm offering analysis, strategies and insights on investment and finance.  Peter's analysis has been featured on a variety of publications including The Motley Fool, Seeking Alpha, CNN Money, Bloomberg, and many more. Peter has a different way of looking at finance and the markets than many others. During the interview, Peter teaches Dan about some relatively new ideas in the world of finance like the omega point how it could signal the end of a nation's lifecycle. They both share a bleak view, but Peter says there are things you can do to protect yourself today. And f

On this week's episode of the Stansberry Investor Hour, Dan opens the show ranting about The Heroes Act passed by the House of Representatives... a stimulus package with a $3 trillion price tag. Both sides of the aisle have agreed to print money like it's going out of style. Dan also shares an interesting silver trade that was brought to his attention  from one of Stansberry's top traders. Then on this week's interview, Dan welcomes guest Cullen Roche on to the show. Cullen is the founder of Orcam Financial Group, which is a financial services firm offering research, personal advisory, institutional consulting, and educational services. Before founding his own business, Cullen oversaw $500 million in AUM with Merrill Lynch Global Wealth Management. During the interview, Cullen explains in detail why the Fed usually takes all the heat when it comes to irresponsible fiscal policy, but the Treasury often gets overlooked. "The entity that is much more powerful in terms of money printing prowess is the US Treasury