Podcast appearances and mentions of dan ferris

On this week's Stansberry Investor Hour, Dan and Corey welcome Rob Spivey back to the show. Rob is the director of research at our corporate affiliate Altimetry. With both buy-side and sell-side experience, he offers his unique perspective on the markets today. Rob kicks off the show by describing how Altimetry uses "Uniform accounting" to get a better sense of a company's financials and the health of the U.S. market as a whole. This leads to a conversation about corporate profitability, credit risk, and the future of AI. Rob explains the role Elon Musk's Department of Government Efficiency is playing in implementing AI at the federal level, how AI could revamp Medicare and Medicaid, and what the fiscal multiplier effect means for government spending and AI. (1:47) Next, Rob breaks down the entire AI ecosystem and its many parts. He cites Twilio as an example of an AI company that's leveraging this technology in interesting ways today. And he goes in depth on a hidden opportunity in AI investing: companies that are warehousing and organizing data. "Nobody's paying attention to them now," he says. Rob then covers the government's profit surplus, how it differs from China's, and how a trade war could lead to a real war. (20:56) Then, Rob divulges America's secret weapon for corporate dominance: the Bill of Rights. He notes that it protects innovation and gives the U.S. a leg up on a global scale. After that, Rob discusses large language models and how they're trained, the usefulness of Google's NotebookLM, and the "revolution" that will be happening in AI in the next three to six months. (39:17)

On this week's Stansberry Investor Hour, Dan and Corey welcome Rob Spivey back to the show. Rob is the director of research at our corporate affiliate Altimetry. With both buy-side and sell-side experience, he offers his unique perspective on the markets today. Rob kicks off the show by describing how Altimetry uses "Uniform accounting" to get a better sense of a company's financials and the health of the U.S. market as a whole. This leads to a conversation about corporate profitability, credit risk, and the future of AI. Rob explains the role Elon Musk's Department of Government Efficiency is playing in implementing AI at the federal level, how AI could revamp Medicare and Medicaid, and what the fiscal multiplier effect means for government spending and AI. (1:47) Next, Rob breaks down the entire AI ecosystem and its many parts. He cites Twilio as an example of an AI company that's leveraging this technology in interesting ways today. And he goes in depth on a hidden opportunity in AI investing: companies that are warehousing and organizing data. "Nobody's paying attention to them now," he says. Rob then covers the government's profit surplus, how it differs from China's, and how a trade war could lead to a real war. (20:56) Then, Rob divulges America's secret weapon for corporate dominance: the Bill of Rights. He notes that it protects innovation and gives the U.S. a leg up on a global scale. After that, Rob discusses large language models and how they're trained, the usefulness of Google's NotebookLM, and the "revolution" that will be happening in AI in the next three to six months. (39:17)

On this week's Stansberry Investor Hour, Dan and Corey welcome Chris Mayer back to the show. Chris is co-founder and portfolio manager of Woodlock House Family Capital – a firm that focuses on long-term, patient investing. He has also written several books, including 100 Baggers: Stocks That Return 100-to-1 and How to Find Them. Chris kicks things off by breaking down his "CODE" acronym that he uses for picking stocks – cheap, owner operator, disclosures, and excellent financial condition. He lists Brown & Brown as an example of one such company that checks all four boxes. And he shares a trucking company he likes because of its lower-than-average turnover rate. This leads to a conversation about the importance of management having skin in the game and why investors should mostly leave their portfolios alone. Chris then uses Monster Beverage as a case study for identifying a good company. (1:47) Next, Chris talks about investor psychology. He says that it's difficult to hold stocks through large drawdowns and through periods of boredom, but that's how you can make a lot of money in the long term. Doing nothing is often the best thing you can do for your portfolio. Chris also covers how philosophy has influenced his investing style, the hidden opportunity in Swedish stocks, two specific Swedish companies that he likes today, and why you should always stick to your core principles – even if it means missing some winners along the way. (20:02) Finally, Chris explains that staying true to your investment principles is hardest (yet also most crucial) when times get tough. It all comes down to knowing yourself, your risk tolerance, and what you're most comfortable investing in. Chris shares the names of two spun-off companies he's excited about today, as he expects a big surge in free cash flow for both. He clarifies that these are for holding long term rather than trying to make a quick buck. And Chris finishes with a discussion about why the recent tariff drama doesn't really matter. (39:26)

On this week's Stansberry Investor Hour, Dan and Corey welcome Chris Mayer back to the show. Chris is co-founder and portfolio manager of Woodlock House Family Capital – a firm that focuses on long-term, patient investing. He has also written several books, including 100 Baggers: Stocks That Return 100-to-1 and How to Find Them. Chris kicks things off by breaking down his "CODE" acronym that he uses for picking stocks – cheap, owner operator, disclosures, and excellent financial condition. He lists Brown & Brown as an example of one such company that checks all four boxes. And he shares a trucking company he likes because of its lower-than-average turnover rate. This leads to a conversation about the importance of management having skin in the game and why investors should mostly leave their portfolios alone. Chris then uses Monster Beverage as a case study for identifying a good company. (1:47) Next, Chris talks about investor psychology. He says that it's difficult to hold stocks through large drawdowns and through periods of boredom, but that's how you can make a lot of money in the long term. Doing nothing is often the best thing you can do for your portfolio. Chris also covers how philosophy has influenced his investing style, the hidden opportunity in Swedish stocks, two specific Swedish companies that he likes today, and why you should always stick to your core principles – even if it means missing some winners along the way. (20:02) Finally, Chris explains that staying true to your investment principles is hardest (yet also most crucial) when times get tough. It all comes down to knowing yourself, your risk tolerance, and what you're most comfortable investing in. Chris shares the names of two spun-off companies he's excited about today, as he expects a big surge in free cash flow for both. He clarifies that these are for holding long term rather than trying to make a quick buck. And Chris finishes with a discussion about why the recent tariff drama doesn't really matter. (39:26)

On this week's Stansberry Investor Hour, Dan and Corey welcome their colleague Mike DiBiase back to the show. Mike is the editor of Stansberry's Credit Opportunities and senior analyst for Stansberry's Investment Advisory.  Mike kicks off the episode by discussing the rampant fear in the stock market today. He notes that this fear is not yet reflected in the credit market, which is a "mistake," as credit investors should be more concerned. Mike then talks about the lack of good high-yield bonds out there, corporate bankruptcies being on the rise, the worrying number of zombie companies, the Starbucks recession indicator, consumer confidence hitting a 12-year low, and why he believes things are "not going to end well" for the economy. (1:40) Next, Mike examines the budget-deficit problem and the market's expectation that the government will always bail it out. He highlights the fact that the U.S. has been printing money at an above-average rate the past year and says he believes inflation will spike once more as a result. All of this is part of the "new world" that investors will need to learn to navigate, including permanently higher interest rates, bonds being a better choice than stocks, and an inevitable credit crisis similar to the one from 2008. (21:32) Finally, Mike explains the economic difference between tariffs and inflation, how investors can "make a killing" from what's about to happen, and the many advantages corporate bonds have over stocks – such as it being easier to spot a bottom with bonds. He says he's waiting until credit spreads surpass 1,000 basis points, and then he will deploy his strategy of finding the best bonds out there with the lowest risk of defaulting. (40:22)

On this week's Stansberry Investor Hour, Dan and Corey welcome their colleague Mike DiBiase back to the show. Mike is the editor of Stansberry's Credit Opportunities and senior analyst for Stansberry's Investment Advisory.  Mike kicks off the episode by discussing the rampant fear in the stock market today. He notes that this fear is not yet reflected in the credit market, which is a "mistake," as credit investors should be more concerned. Mike then talks about the lack of good high-yield bonds out there, corporate bankruptcies being on the rise, the worrying number of zombie companies, the Starbucks recession indicator, consumer confidence hitting a 12-year low, and why he believes things are "not going to end well" for the economy. (1:40) Next, Mike examines the budget-deficit problem and the market's expectation that the government will always bail it out. He highlights the fact that the U.S. has been printing money at an above-average rate the past year and says he believes inflation will spike once more as a result. All of this is part of the "new world" that investors will need to learn to navigate, including permanently higher interest rates, bonds being a better choice than stocks, and an inevitable credit crisis similar to the one from 2008. (21:32) Finally, Mike explains the economic difference between tariffs and inflation, how investors can "make a killing" from what's about to happen, and the many advantages corporate bonds have over stocks – such as it being easier to spot a bottom with bonds. He says he's waiting until credit spreads surpass 1,000 basis points, and then he will deploy his strategy of finding the best bonds out there with the lowest risk of defaulting. (40:22)

On this week's Stansberry Investor Hour, Dan and Corey are joined by John Barr. John is a managing director at Needham Funds, where he has served as co-portfolio manager of the Needham Growth Fund and portfolio manager of the Needham Aggressive Growth Fund for 15 years. John kicks things off by discussing his investment philosophy, what Needham Funds does, and the power of compounding. He says he tries to find companies that are hidden compounders that will eventually turn into quality compounders. This leads John to share the four criteria he looks for when trying to find hidden compounders. He names two such companies that fit the criteria, breaking down the thought process for Needham's investing in each one. (1:39) Next, John explains why he's such a fan of family-run businesses and names a power-conversion company he likes that's still being led by its founder. He then discusses what sets Needham apart from other funds, including its preference to hold on to quality companies for a long time – even through 50% drawdowns. And John details how he decides when to actually sell a company, although he notes that he made a mistake with Dick's Sporting Goods. (21:31) Finally, John reminds investors to know and play to their strengths. And he urges them to ignore all the noise in the news, as being successful in the markets requires a fair amount of optimism about the future. Talking broadly, John says that Needham has been investing in infrastructure for the past decade-plus and more recently has been looking at defense companies. He names military shipbuilder Huntington Ingalls Industries as a solid pick today. Plus, he names a couple skilled-labor-school stocks he likes, as skilled labor is set to remain in high demand. (40:58)

On this week's Stansberry Investor Hour, Dan and Corey are joined by John Barr. John is a managing director at Needham Funds, where he has served as co-portfolio manager of the Needham Growth Fund and portfolio manager of the Needham Aggressive Growth Fund for 15 years. John kicks things off by discussing his investment philosophy, what Needham Funds does, and the power of compounding. He says he tries to find companies that are hidden compounders that will eventually turn into quality compounders. This leads John to share the four criteria he looks for when trying to find hidden compounders. He names two such companies that fit the criteria, breaking down the thought process for Needham's investing in each one. (1:39) Next, John explains why he's such a fan of family-run businesses and names a power-conversion company he likes that's still being led by its founder. He then discusses what sets Needham apart from other funds, including its preference to hold on to quality companies for a long time – even through 50% drawdowns. And John details how he decides when to actually sell a company, although he notes that he made a mistake with Dick's Sporting Goods. (21:31) Finally, John reminds investors to know and play to their strengths. And he urges them to ignore all the noise in the news, as being successful in the markets requires a fair amount of optimism about the future. Talking broadly, John says that Needham has been investing in infrastructure for the past decade-plus and more recently has been looking at defense companies. He names military shipbuilder Huntington Ingalls Industries as a solid pick today. Plus, he names a couple skilled-labor-school stocks he likes, as skilled labor is set to remain in high demand. (40:58)

On this week's Stansberry Investor Hour, Dan and Corey welcome Matt Weinschenk back to the show. Matt is the director of research at Stansberry Research. He's also the editor of the free weekly newsletter This Week on Wall Street and a member of the investment committee for Stansberry Portfolio Solutions. Matt kicks things off by describing what he does at Stansberry Research and what type of investor he is. Because his career began right before the great financial crisis, he says he tends to lean more conservative. This leads to a discussion about controlling risk, preparing for market surprises, and needing to "get slapped in the face a few times" to understand the stakes. After, Matt gives his nuanced take on crypto – from its use for diversification to the "scam" meme coins. (1:39) Next, Matt weighs in on artificial intelligence ("AI") and the huge amounts of capital flowing into the sector. He explains that there are safer ways to invest in AI than buying the headline-making names, using Nvidia versus Cisco Systems as an example. And he points out that even if AI is currently experiencing a bubble, the technology will both benefit the economy and make companies more productive in the long term. (21:40) Finally, Matt goes in depth on the current macroeconomic environment and his outlook for the future. This includes President Donald Trump's tariffs disrupting specific industries, what the VIX and high-yield credit spread are signaling, fears of a recession, and the bond market expecting a growth slowdown. (37:46)

On this week's Stansberry Investor Hour, Dan and Corey welcome Matt Weinschenk back to the show. Matt is the director of research at Stansberry Research. He's also the editor of the free weekly newsletter This Week on Wall Street and a member of the investment committee for Stansberry Portfolio Solutions. Matt kicks things off by describing what he does at Stansberry Research and what type of investor he is. Because his career began right before the great financial crisis, he says he tends to lean more conservative. This leads to a discussion about controlling risk, preparing for market surprises, and needing to "get slapped in the face a few times" to understand the stakes. After, Matt gives his nuanced take on crypto – from its use for diversification to the "scam" meme coins. (1:39) Next, Matt weighs in on artificial intelligence ("AI") and the huge amounts of capital flowing into the sector. He explains that there are safer ways to invest in AI than buying the headline-making names, using Nvidia versus Cisco Systems as an example. And he points out that even if AI is currently experiencing a bubble, the technology will both benefit the economy and make companies more productive in the long term. (21:40) Finally, Matt goes in depth on the current macroeconomic environment and his outlook for the future. This includes President Donald Trump's tariffs disrupting specific industries, what the VIX and high-yield credit spread are signaling, fears of a recession, and the bond market expecting a growth slowdown. (37:46)

On this week's Stansberry Investor Hour, Dan and Corey welcome Dan Rasmussen back to the show. Dan is the founder and portfolio manager of asset-management firm Verdad Advisers, as well as a bestselling author. His most recent book, The Humble Investor, came out just last month.  Dan kicks off the show by explaining what motivated him to write The Humble Investor. This leads to a discussion about why savvy investors should be skeptical of forecasts and why they should always consider whether other investors are looking at the same data and reaching the same conclusions as them. One area where this is a big problem is AI. It's capital intensive with very little return thus far, yet investors are blindly buying into AI stocks on lofty expectations. Dan points out that the "Magnificent Seven" are riskier than most folks realize, and this overvaluing of U.S. stocks has made foreign investors begin to look at other countries' markets for opportunities. (1:47) Next, Dan talks about investors mistakenly being underweight gold for years, whether it's possible to predict a bubble, the pattern of credit crises, and the recent worrying signal of money drying up in private equity. He notes that this tendency for investors to take on more risk in private equity than elsewhere is a disaster waiting to happen. Dan then delves into which parts of the market he finds most and least attractive today. For example, he notes that changing corporate governance for Japanese stocks is an "obvious catalyst" for doubling your money, while short-term macroeconomic factors are keeping him away from U.S. Treasurys. (17:12) Finally, Dan discusses diversification versus "diworsification," the often-ignored problem with passive investing, and the "valuation drop-off" between S&P 500 Index stocks and foreign stocks. With the Magnificent Seven officially in a bear market, Dan declares that "the turning point seems to be upon us" for U.S. stock valuations to come down. And he concludes with a stark reminder about earnings growth for listeners. (38:11)

On this week's Stansberry Investor Hour, Dan and Corey welcome Dan Rasmussen back to the show. Dan is the founder and portfolio manager of asset-management firm Verdad Advisers, as well as a bestselling author. His most recent book, The Humble Investor, came out just last month.  Dan kicks off the show by explaining what motivated him to write The Humble Investor. This leads to a discussion about why savvy investors should be skeptical of forecasts and why they should always consider whether other investors are looking at the same data and reaching the same conclusions as them. One area where this is a big problem is AI. It's capital intensive with very little return thus far, yet investors are blindly buying into AI stocks on lofty expectations. Dan points out that the "Magnificent Seven" are riskier than most folks realize, and this overvaluing of U.S. stocks has made foreign investors begin to look at other countries' markets for opportunities. (1:47) Next, Dan talks about investors mistakenly being underweight gold for years, whether it's possible to predict a bubble, the pattern of credit crises, and the recent worrying signal of money drying up in private equity. He notes that this tendency for investors to take on more risk in private equity than elsewhere is a disaster waiting to happen. Dan then delves into which parts of the market he finds most and least attractive today. For example, he notes that changing corporate governance for Japanese stocks is an "obvious catalyst" for doubling your money, while short-term macroeconomic factors are keeping him away from U.S. Treasurys. (17:12) Finally, Dan discusses diversification versus "diworsification," the often-ignored problem with passive investing, and the "valuation drop-off" between S&P 500 Index stocks and foreign stocks. With the Magnificent Seven officially in a bear market, Dan declares that "the turning point seems to be upon us" for U.S. stock valuations to come down. And he concludes with a stark reminder about earnings growth for listeners. (38:11)

Dan Ferris and Corey McLaughlin kick the episode off by reviewing their list of Top 10 Potential Surprises from 2023 and seeing if any of the surprises materialized. Included in this list was what could happen to the S&P 500 Index, meme stocks GameStop and AMC Entertainment, inflation, bitcoin, mortgage rates, and gold. (0:32) After, Dan and Corey share their new list of potential surprises for 2024...  Magnificent Seven perform poorly (9:38) S&P 500 negative annual return (13:16) Rate cuts (15:58) Gold hits $3,000 (19:15) Bitcoin falls 50%-plus (24:04) PCE at 4% (28:08) Donald Trump presidency (31:51) Nasty recession (37:27) 10-year yields above 4% (42:15) S&P 500 drops 20% in a single day (44:52

Dan Ferris and Corey McLaughlin kick the episode off by reviewing their list of Top 10 Potential Surprises from 2023 and seeing if any of the surprises materialized. Included in this list was what could happen to the S&P 500 Index, meme stocks GameStop and AMC Entertainment, inflation, bitcoin, mortgage rates, and gold. (0:32) After, Dan and Corey share their new list of potential surprises for 2024...  Magnificent Seven perform poorly (9:38) S&P 500 negative annual return (13:16) Rate cuts (15:58) Gold hits $3,000 (19:15) Bitcoin falls 50%-plus (24:04) PCE at 4% (28:08) Donald Trump presidency (31:51) Nasty recession (37:27) 10-year yields above 4% (42:15) S&P 500 drops 20% in a single day (44:52

On this week's special mailbag episode of Stansberry Investor Hour, Dan Ferris and Corey McLaughlin are answering some of the most interesting questions they've received in recent weeks from subscribers. They tackle everything that has been on your mind – and a few things that you probably haven't even considered. Dan and Corey kick things off with questions about whether the green-energy movement and threats to eliminate fossil fuels will boost the price of oil... the broken housing market in the U.S. and what it means for homebuilders... nuclear energy's potential as a big source of power in America... and where uranium prices are headed next based on the supply-and-demand picture.  Next, Dan and Corey address a listener who hates that they let the cat out of the bag on the upside in farmland... and respond to another listener who wants them to talk more about specific stocks and less about the Federal Reserve. Plus, Dan and Corey answer questions about political correctness, the love of money being the root of all evil, how to profit from war, and why they prefer U.S. Treasurys to money-market funds.  Finally, Dan and Corey discuss the threat the high national debt level poses for the U.S., the development of BRICS (Brazil, Russia, India, China, and South Africa) as a geopolitical and economic power, and whether the U.S. losing its world reserve currency status would really be such a bad thing.

On this week's special mailbag episode of Stansberry Investor Hour, Dan Ferris and Corey McLaughlin are answering some of the most interesting questions they've received in recent weeks from subscribers. They tackle everything that has been on your mind – and a few things that you probably haven't even considered. Dan and Corey kick things off with questions about whether the green-energy movement and threats to eliminate fossil fuels will boost the price of oil... the broken housing market in the U.S. and what it means for homebuilders... nuclear energy's potential as a big source of power in America... and where uranium prices are headed next based on the supply-and-demand picture.  Next, Dan and Corey address a listener who hates that they let the cat out of the bag on the upside in farmland... and respond to another listener who wants them to talk more about specific stocks and less about the Federal Reserve. Plus, Dan and Corey answer questions about political correctness, the love of money being the root of all evil, how to profit from war, and why they prefer U.S. Treasurys to money-market funds.  Finally, Dan and Corey discuss the threat the high national debt level poses for the U.S., the development of BRICS (Brazil, Russia, India, China, and South Africa) as a geopolitical and economic power, and whether the U.S. losing its world reserve currency status would really be such a bad thing.

We sit down with financial expert, Dan Ferris in this episode, as he shares his perspective on the current financial landscape and his approach to value investing. Dan, editor of two Stansberry newsletters and host of the Stansberry Investor Hour podcast, is convinced we're living through the biggest financial mega bubble in human history. He shares historical insights on monetary policy, from the liquidity injection of the late 90s to the Global Financial Crisis, and examines the implications of the Federal Reserve's 2% inflation target. This episode provides a comprehensive discussion about the role of central banks and their impact on wealth distribution. We delve into the mindset of Federal Reserve Chairman Jerome Powell, his stance on inflation, and the consequences of the US Dollar's dominance. Gain insights into why no Central Bank wants to be the first to act, and the potential risks associated with aggressive tightening of interest rates.Toward the end, we shift focus to investment strategies amidst market uncertainty. Discover opportunities in T-bill returns, the housing market, and the importance of volatility dynamics. Dan, armed with his wealth of experience, lends his perspective on various subgroups and industries that may be of interest to investors. This enlightening discussion offers a unique view into the world of finance, assessing risks, and making informed investment decisions. Don't miss out!ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://theleadlag.report/leadlaglive and get 30% off as a podcast listener.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

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

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

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.

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 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.

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.

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.

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.

Dan talks about how Iris Telehealth is lowering the barrier to receive behavioral healthcare in areas of the country where the access traditionally doesn't exist.

In this podcast with Dan Ferris at Stansberry Investor Hour, Vitaliy and Dan have an informative conversation about his new book, Soul in the Game, how the pandemic impacted the macro economy, how to create a mental model to deal with inflation, Vitaliy's writing process, and the difference between an art and a craft. Enjoy! You can listen to the original interview here: https://investorhour.com/episodes/from-buffett-to-beethoven-forging-your-own-path

This week, Dan welcomes back an Investor Hour favorite... Stansberry Research's resident cryptocurrency expert Eric Wade. Eric is the editor of Crypto Capital, Crypto Cashflow, and the Stansberry Innovations Report. Before joining Stansberry, he was a successful investor, Internet entrepreneur, founder of an internationally renowned business, and a movie scriptwriter. His passion for cryptos started with mining bitcoin and Ethereum before moving on to other strategies within the sector that raked in multiple double-digit winners. As Eric tells Dan, it's undeniable that we're in a crypto bear market, and there are "no bailouts, no mulligans, no do-overs" for this volatile, sometimes-unforgiving industry. But even amid the current "crypto winter," he has uncovered winning trades for his readers that boast double- and triple-digit yields... "We look for the source of the yield. And what surprises a lot of people is that we're in a world where most of us expect that most yield comes from being the other side of someone else's transactions, someone else's debt... But in the crypto space, we've managed to monetize that..." "Some of your yields can come from other people's mistakes. And that monetization, to me, that's what the blockchain/crypto industry has as a secret weapon. Any strategy or tactic that anybody has deployed in the financial industry – you can monetize it now." On the show, Eric and Dan discuss this secret weapon and the unlikely places you can use it. He also shares a quick lesson on crypto basics using easy-to-understand analogies for listeners who are new to crypto. He delves into Ethereum's potential future as a global currency rivaling the U.S. dollar. And he challenges our host to a spirited discussion surrounding Dan's long-held belief that crypto is just "speculative technology" that "doesn't feel like a currency or a store of value." (Spoiler: Eric says Dan is dead wrong.)

This week, we're honored to bring you the inspiring tale of Gautam Baid... When Gautam first immigrated from India to the U.S. in 2015, he made ends meet by working a grueling graveyard shift as a hotel clerk. The nights were slow and long and monotonous. So Gautam passed the time by investing in himself. He voraciously read every finance and investment book he could get his hands on. As he tells Dan... Even though it was a big challenge for me intellectually, physically, culturally, and emotionally, today, in hindsight, I highly value those days of my life because for the first time... I finally got some time for myself to read and learn... This was the phase in my life during which I was about to realize the power of compounding knowledge. Gautam used this knowledge to build an "intellectual foundation in investing." And in just a few years, he propelled himself from minimum-wage night shifts to a CFA charterholder, an internationally bestselling author, a feature in Morningstar Research's Learn From the Masters series, and the founder of his own investment firm, Stellar Wealth Partners India Fund.  In this week's episode of the Stansberry Investor Hour, Gautam and Dan discuss his unique definition of value investing, his No. 1 strategy that works across different market cycles and macroeconomic environments, the one time he received praise directly from the Oracle of Omaha himself, and the fundamental power of investing in yourself... The body is limited in ways that the mind is not. By the time most people are 40 years old, their bodies begin to deteriorate. But there is no limit to the amount of growth and development that the mind can sustain. Reading keeps our minds alive and growing... Books are truly life-changing.

This week, for the first time ever, Dan is featuring two guests on the show. Regular Investor Hour listeners should instantly recognize their names... Dr. David "Doc" Eifrig and Thomas Carroll.  Doc is an MBA, former Wall Street trader, published author, and medical doctor. (Plus, he even owns a winery.) In the Stansberry Research universe, he's the editor of Retirement Millionaire, Retirement Trader, Income Intelligence, Advanced Options, and the Health & Wealth Bulletin.  Tom was once named by Fortune magazine as the No. 1 health care analyst in the U.S. His research has been referenced by health care publications and institutional investors alike, along with CNBC, Bloomberg, and Fox Business. And Stansberry readers know him for his investment expertise in the emerging legal cannabis market. In today's interview, Tom says health care is the most promising and important economic sector of the market right now... Some people think it's a boring sector to invest in, but I think it's paramount for every investor – for anyone who takes a self-directed or a primary interest in how they're investing their money. They have to know and have some exposure to health care. It's a $4 trillion market that's only getting bigger. It goes up each and every year.  That's why he and Doc recently joined forces with John Engel – a former biochemist and one of Stansberry's resident biotechnology experts – to launch a new research product, Prosperity Investor. In this monthly advisory, the powerhouse team shares the best of the current industry stalwarts, next-generation medicine, emerging digital-health solutions, and much more. On the show, Doc and Tom also share some of the biggest trends in the space. You'll hear about advancements in telemedicine, breakthrough research in immunology, and navigating the complexities in managed care. Lastly, you won't want to miss the duo's final bit of advice for listeners... a nugget that Dan – once he removed his jaw from the floor – called "one of the best, most actionable answers ever given in the history of the show."

This week, Dan brings a fresh voice to the show: seasoned value investor Gary Mishuris.  Gary is currently the managing partner and chief investment officer of Silver Ring Value Partners, an investment firm that focuses on long-term intrinsic value investing. He has more than two decades of portfolio and asset-management experience plus degrees in computer science and economics from the Massachusetts Institute of Technology ("MIT")... which is where he received the advice that shaped his career. Gary used to make rookie investor mistakes – like losing his shirt after putting all his money into a hot stock that tanked. But when Warren Buffett came to speak at Gary's alma mater, his words put the ambitious young man on a path to learn value investing instead of "gambling around with tech stocks." Today, Gary has his own priceless advice to share with our listeners, such as keeping a well-diversified and allocated portfolio. He warns against blindly chasing the price action and stubbornly allocating half of one's portfolio to the biggest position...  I would say the goal there is to make sure that no one position can really sink the ship... It's good to have conviction, but you need to make sure that your process over time – which drives the outcome – is not in any one position. But having conviction isn't entirely a terrible thing. As he explains, it's all about maintaining the "delicate balance"...  You have to be sufficiently flexible to adjust to the reality of the changes but have sufficient conviction... [so] you don't fall to the market's pressure. During their conversation, Dan and Gary delve deep into the common psychological pitfalls that can come with investing. Gary also discusses the importance of exercising caution by playing "behavioral defense" amid a sea of folks who too often rely on "behavioral offense." He even shares his proprietary "thesis tracker" – a unique way to evaluate the performance of every investment in your portfolio.  Finally, Gary leaves us with the No. 1 trait he says every investor should have: humility... You want to be humble in this business... Base your approach on humility and then work really hard from a position that you can be wrong a lot, and then build that being wrong into everything.

This week, Dan welcomes a guest who he describes as "my style of investor"... Stansberry Venture Value editor Bryan Beach. In his newsletter, Bryan hunts for gems in the beaten-down, hated microcap sector of the market. And no one does it better than Bryan... Thanks to years of creating and auditing financial reports for the "Big Four" and software companies, he has honed his talent for uncovering opportunities within the dense terrain of Securities and Exchange Commission ("SEC") filings. Dan and Bryan delve into a conversation about special purpose acquisition companies ("SPACs") – a topic Bryan has been covering well before the 2021 bubble popped. And he has dug deep into the "SPAC scrap heap" to uncover a few diamonds in the rough, naming a few businesses on his radar, too. Bryan also discusses another overvalued group of stocks that's a favorite of his – Software as a Service. Then, he scrutinizes the housing market, and Dan shares his "macro" point of view on the matter.  Finally, Bryan urges listeners to keep an open mind when investing... and to not readily dismiss the speculative side of the market...  "I encourage our readers to be thinking about all parts of their port. There's a time to go deep in microcaps and there's a time to avoid them altogether. And everyone's situation is a little bit different. That's what I think is important...  Pull up and look down at your portfolio. Get out of the weeds and look down at your whole portfolio... There's some part of the market that you haven't thought about in a while that you probably should think about again."

This week, Dan introduces a brand-new guest to Stansberry Investor Hour... But he's no stranger to Stansberry Research. Dave Lashmet, colleague and editor of Stansberry Venture Technology, joins Dan for a fast-paced talk on innovation, technology, and, of course, investing. His Venture Technology service uses a "venture capitalist" investing approach and focuses on biotechnology firms. And according to Dan, Dave is "well known as a man who scours the Earth for great ideas," thanks to his boots-on-the-ground research and networking at countless conferences and meetings. The two dive into Stansberry Research's history – including how founder Porter Stansberry actually hired Dave after meeting him in college... where Dave was Porter's professor. And Dave also regales Dan with tales of his former job as a self-described "mix between an engineer and a businessperson inside a tech company." Dan also commends Dave for his recent recommendation to Venture Technology subscribers to sell their remaining stake in Nvidia (NVDA) for an eye-popping 1,400% return. And Dave gives an in-depth analysis of the biggest risks to the company, ranging from overseas geopolitical tensions to direct competitors like Intel (INTC).  He also offers insights on the dichotomy between venture capitalists and "angel investors" and reveals exactly what he looks for in a company. Finally, he shares what investors should watch out for when researching prospective portfolio candidates.

Today, Dan welcomes first-time Investor Hour guest Steve Gorelik to the show. A 15-plus-year veteran of Firebird Management, Steve currently manages the Firebird U.S. Value Fund. And as a native Belarusian, there's no one better suited to manage Firebird's Eastern Europe and Russia funds as well.  The big question Dan asks Steve is how he has been handling the funds amid the Russia-Ukraine war. Steve shares his thoughts on Russia's investment prospects and the ruble's volatility. And he explains that, surprisingly, many Eastern European companies present very robust investment opportunities – as long as the countries' macroeconomics look good.  When it comes to doing the legwork on researching a prospective addition to your portfolio, Steve emphasizes that you shouldn't just look at how a company makes money... Seeing how a company spends its money is critically important, too. He also delves into the prospect he sees in a particular type of financial company. And finally, according to Steve, every investor should aim to hone this invaluable trait, especially in today's tumultuous market... The number of people who are able to hold through a year like 2022... and then be afraid to get back into the market when things are bottomed out... it's the capacity to suffer. It's the capacity to take a loss and not be afraid of what's happening. It's the capacity of being able to do the hard thing and get rewarded for it because other people won't. And that's going to be a competitive advantage both in investing... and in life.

We're now in a bear market... But today's Stansberry Investor Hour episode won't focus on that. Instead, Dan has a unique guest whose rousing words will be a respite from the recent market carnage.  Vitaliy Katsenelson is the CEO of value-investing firm Investment Management Associates. He's the author of two books and an award-winning writer featured in publications like the Financial Times and Barron's. However, Vitaliy describes himself as a "student of life." And he has just released his third book, called Soul in the Game: The Art of a Meaningful Life. As a classical-music lover, Vitaliy had a revelation when writing about the travails faced by some of his favorite composers during their own creative processes – from being compared with a former great to pioneering a piece that broke the rules. It's about learning how to push past the anxiety and forge your own path in life and investing... In any profession, there's always going to be somebody who's considered to be the "greatest" whatever... It's so easy for us to just copy Warren Buffett. Instead, what we should be doing is we should be looking at how Warren Buffett is thinking. Also, we should not be afraid to think on our own... You can look at the way Buffett invests, and you can actually build your own path. The learning process can be complicated. But as Dan chimes in, "Things worth doing take time." He and Vitaliy also talk about the importance of repetition – whether it's rereading Nassim Taleb's book to unpeel its complicated layers or watching Pulp Fiction on repeat to understand the hype. In this episode, Vitaliy also shares concepts from Soul in the Game, such as striking the right balance between art and craft in life. And he gives what might be the shortest answer ever (just two words!) to Dan's "Final Question."

Today, we welcome Broyhill Asset Management President and Chief Investment Officer Chris Pavese to the Stansberry Investor Hour. It has been three years since Dan and Chris last spoke on our show. And needless to say, a lot has changed in the markets and the world since then – including a pandemic, war, and economic turmoil. As a seasoned industry veteran who has guided his clients through previous cataclysmic financial events, Chris has some advice to offer novice investors...   He explains the big mistake fledgling investors make is "chasing the most spectacular returns" and looking for advice from people or places that "put up great numbers in bull markets" while ignoring their performance during bear markets. After all, he says, "The most spectacular returns of 2021 are posting the most spectacular losses this year."   Chris and Dan both agree that focusing on finding value in a market environment like this one is your best bet. That's the kind of research Chris' firm Broyhill specializes in... like examining big mergers and acquisitions to look for gems and breezing past airline stocks – which Chris describes as "notoriously awful businesses with notoriously awful balance sheets" – in favor of an overlooked sector right next door. Finally, Chris imparts some wisdom regarding investor behavior thanks to his many years of advising clients – including the psychology around the big topic of "when to sell." And he shares the one simple and absolutely essential, yet often overlooked, thing to do before investing in any public company. As human beings, we always do the opposite of what we should be doing. We're always buying when we should be selling – when the stock has gone down. And we're selling when the stock has gone up... That's the time to lock yourself in and ride that wave to make as much profit as possible. Keith uses the company's software during the episode to give a rundown of the best and worst sectors to be in right now, as well as several market big dogs. He also shares the No. 1 metric that investors should home in on when researching recession-proof companies. And he regales Dan with tales of how much hate mail TradeSmith received when it warned subscribers early of the major market slumps in 2020 and 2022 (which, of course, came true).

Yes, they've gotten a lot of flak. But could there be something more to the "meme-stock mania" crowd?  In this week's Investor Hour episode, host Dan Ferris welcomes WallStreetBets founder Jaime Rogozinski back to the show. WallStreetBets is an infamous forum on social media site Reddit. The online community came to public attention in early 2021 when its denizens – often viewed as young, uneducated, and risk-hungry investors – crippled hedge funds by pumping up undeserving "dead stocks" like AMC Entertainment (AMC) and GameStop (GME). In this week's interview, Jaime gives his eye-opening perspective on the 2021 mania, saying there's more to the story than the negative picture painted by the media... It's a sophisticated way of doing risk awareness. But it's a conduit for people that start off in a risk-hungry environment and eventually move into a more responsible, traditional approach – but with a tremendous knowledge, I would say, even more so than the average person that starts off with lower-risk approaches. Jaime also shares what he has learned about investor behavior from watching the action play out across the Reddit board... When people go into the market and start off with a bunch of wins, it is very dangerous. It's much more dangerous than if they start off by losing money. And the reason why is because it kind of speeds up the learning curve. Somebody that loses money right away is forced to take a step back, slow things down, understand a little bit better, and not be so impulsive. Somebody that makes money without knowing what they're doing goes through these, kind of like, Dunning-Kruger effects... which basically is a way of saying people don't have the ability to measure their own abilities.  He assuages Dan's curiosity on whether anyone from WallStreetBets has ever blamed him for their losses. And he shares stories of even meeting some of the members. Plus, Jaime's simple but sage answer to Dan's Investor Hour-standard "Final Question" will resound in your investing... and in your life.

On the heels of last week's special bear market presentation comes the perfect guest for today's episode: Investor Hour veteran, software architect, and CEO of portfolio-tracking service TradeSmith Keith Kaplan. As the threat of a recession looms, hunting for "forever businesses" while pruning portfolio losers at the right moment becomes critical for individual investors. The process can be overwhelming on your own. But TradeSmith's elegantly built trading software – the backbone of a product suite that offers everything from portfolio creation to management – distills all that complicated information into a simple, intuitive system. It's similar to what the professionals use, but it's engineered for the retail investor.  In this week's interview, Keith explains how his company's proprietary technology strives to make investing less daunting, using easy-to-understand "stoplight system" volatility indicators and smart trailing stop alerts. After all... As human beings, we always do the opposite of what we should be doing. We're always buying when we should be selling – when the stock has gone down. And we're selling when the stock has gone up... That's the time to lock yourself in and ride that wave to make as much profit as possible.  Keith uses the company's software during the episode to give a rundown of the best and worst sectors to be in right now, as well as several market big dogs. He also shares the No. 1 metric that investors should home in on when researching recession-proof companies. And he regales Dan with tales of how much hate mail TradeSmith received when it warned subscribers early of the major market slumps in 2020 and 2022 (which, of course, came true).

In this week's Investor Hour, Dan's going solo. Instead of the usual tête-à-tête with a guest (we'll return to this regularly scheduled format of our program next week, though), he wants to share something with his listeners that he recently hammered home in the Stansberry Digest...This is a bear market. I've been a fool not to think it. And I've been a fool not to say it to you. So let's consider that huge mistake fixed... I'll never make it again as long as I live. So for today's episode, Dan's coming straight to you, the listener, with his keen observations on the recent market action and his tips on what steps you can take to protect your portfolio. And to round out his assessment of today's bear market in equities, he's bringing on fellow colleague and resident cryptocurrency expert Eric Wade for a special commentary on the bear market in cryptos.

258 While this year has presented a difficult trading environment for everyone so far, Greg's Ten Stock Trader advisory has been making a killing. Its win rate stems from Greg's expertise in technical analysis – a strategy that relies on studying past market and human behavior to predict what's next. With nearly two decades of experience trading and managing multibillion-dollar portfolios across every asset class, Greg is well-versed in guiding his subscribers to profits... while also knowing when to sit back and be patient.  But it's not just about technical analysis... Greg also underlines the importance of understanding the fundamentals of market behavior, inspired by his recent readings on legendary investor and trader Stanley Druckenmiller... At the end of the day, follow the Fed. What's the Fed doing? Are they opening the spigot and releasing cash into the market? Or are they not? So, what's Greg's secret to surviving – and thriving – in this rocky market while everyone else gets "whipsawed"? Greg says it all boils down to making sure you have two crucial items in your trading toolkit, both of which have led his readers to consistently make money, regardless of what the market is doing. And he explains why he believes the popular notion of checking your emotions at the door before investing or trading is actually a misconception.

In today's dismal market, value stocks remain a beacon of hope for investors... And there's no one better suited to discuss this topic than recurring Investor Hour favorite, Tobias Carlisle. Tobias is the founder and managing director of deep-value investment firm Acquirers Funds, which is centered around his trademarked valuation tool – the Acquirer's Multiple. Simply put, it's a "valuation ratio used to find attractive takeover candidates"... and is favored by many activists and buyout firms. On top of creating a proprietary metric, Tobias has also written several books, including The Acquirer's Multiple, Concentrated Investing, Deep Value, and Quantitative Value. So, what does Tobias have to say about the slump we're in? It's not really a question of where you think the market's going to go because you're invariably going to be wrong... The best return you're going to get is by being fully invested. He says "names that can survive a nuclear winter" are the keys to surviving this bear market. To Tobias, that means focusing on deeply undervalued companies – ones that are buying back shares, are cheap, and are growing at a reasonable pace. He also breaks down the art of valuation – including his Acquirer's Multiple measure – and how to identify the right time to buy or sell.

In this week's episode, returning guest Hugh Hendry joins Dan for another round at the Stansberry Investor Hour table... Hugh founded the now-defunct Eclectica Asset Management in 2005. He rose to fame as the "Scottish hedge-fund king" when his fund returned 30%-plus during the throes of the financial crisis. He's also well-known for his outspoken remarks and contrarian views. One time, he even duked it out with a Nobel Prize-winning economist on television, asking, "Um, hello? Can I tell you about the real world?"  These days, Hugh entertains a wide audience with his wit and energetic market commentary in his podcast, The Acid Capitalist. Today's conversation begins with a bang, as Dan and Hugh tackle one of the biggest market headlines: the stock sell-off. Shares of "FAANG" giants like Netflix, Amazon, and Apple are tanking... And it's hard to see these behemoths – which were once among the best-performing tech companies in the world – as "risk free" businesses anymore. Instead, they could herald a recession. So, what does Hugh have to say on the matter? It's going to be really long, but it's going to be entertaining. Wear comfortable clothing.  He and Dan chat about several other topics, including inflation's grim march, Bill Hwang's multibillion-dollar fraud indictment, the "malevolent shadow of the Federal Reserve" behind high prices in oil and mining industries, and bitcoin as a risk-on versus risk-off asset. No one is safe from Hugh's wisecracks – not even the ultrawealthy. In addition to financial topics, he shares his thoughts on Elon Musk's latest follies, the real reason Bill Gates and Jeff Bezos vacationed in St. Barts, and what he thinks of Johnny Depp's biggest purchase

With inflation creeping higher and higher these days, now is the perfect time for this week's guest to make his Stansberry Investor Hour debut. Patrick Yip is a precious metals expert. He's the director of business development at APMEX, one of the largest online precious metals retailers in the U.S., as well as the manager of OneGold, APMEX's innovative investment platform for vaulted positions in gold, silver, and platinum. And he says that in a market fraught with uncertainty like we're seeing today, it's especially important for conservative and speculative investors alike to consider adding precious metals to their portfolios... If history repeats itself, inflation at its current rate could erode half of your wealth in nine years. No one knows what the future is going to give us. But if history repeats, precious metals are going to protect your wealth and maybe even increase your wealth. Gold, he says, is perfect for those seeking extra portfolio protection during periods of high inflation. If metals rally like they did during the inflationary cycles of the 1960s and '70s, investors could see gold hit $5,000 in the next few years. That's more than 150% higher than today's prices. And silver – what Dan teasingly calls the "meme stock of the metals world" – offers equal opportunity for investors willing to stomach a little more volatility. Right now, silver premiums are sky-high. But as Patrick discusses, it all boils down to simple supply-and-demand economics... He walks listeners through each step of coin making's complicated process from mine to mint and pinpoints the exact spot in the supply chain that's "stressed the most" right now. And he unveils how his OneGold system offers a unique way to directly own silver while bypassing the high prices. Finally, Patrick touches on what Dan calls "the elephant in the room" – another popular (though, very different) asset – and how it holds up to gold and silver in one's portfolio.

Tesla and SpaceX founder Elon Musk is poised to shake up the entire social media industry, regardless of whether he's successful in his bid or not. In this special edition of American Consequences, I sit down with Stansberry Editor Dan Ferris to discuss what's at stake for the country and our freedom of speech… as well as what's at stake for shareholders. The bottom line, there is massive opportunity for investors and democracy alike. Join Dan and me for a look at how Elon Musk wins the day no matter what.   Follow Dan Ferris on Twitter @dferris1961 and Trish @Trish_Regan. You can also tune in to The Investor Hour podcast hosted by Dan Ferris by going to investorhour.com. Plus, make sure to sign up for the American consequences newsletter that looks at global, economic, and political trends to help you understand what it means for your money by signing up at americanconsequences.com

In this week's episode, Dan Ferris is joined by the chief investment officer of Logica Capital Advisers, Wayne Himelsein. Wayne founded the investment advisory firm in 2011. Throughout his 25-year career, he has developed and refined his quantitative-trading methods, risk, and portfolio-management processes. A self-proclaimed "quant trader," Wayne uses advanced mathematics to help identify moneymaking opportunities in both good times and bad. So in today's unforgiving market environment, he's a valuable guide for novice and veteran investors alike. When asked to define himself as an investor, Wayne emphasizes how investing should be thought of as "trading your personality." You should invest in a way that aligns with how you see and understand the world... What's funny to me is that people get really... rigorous about their view. If somebody, for example, is not very mathematical and they deeply believe in the fundamentals – understanding the company and talking to management and the whole other side of the world of investing – then I've seen, in that framework, them looking down on the quantitative side... like the two worlds have to be bifurcated... Everybody's entitled to be who they are and trade that way. You're going to do better being yourself... Why do you have to speak or look badly at the way other people choose to express their personality in the markets? Dan and Wayne dig deep into "familiar market signals," including how to best utilize them for your investing style. They also discuss the importance and influence of market bubbles, the pressures of news headlines on investing, and the need to explore and remain curious as a modern-day investor.

For this week's episode of Stansberry Investor Hour, Dan Ferris welcomes back powerhouse guest Marc Chaikin, the founder, and CEO of Chaikin Analytics. Marc is a 40-year Wall Street veteran who, more than a decade ago, developed a revolutionary investing tool called the Chaikin Power Gauge. It's an objective, quantitative system that simplifies the stock-picking process and levels the playing field between institutional and individual investors. This week, Marc also shares some interesting tidbits about the Power Gauge's history, including when he showed the Nasdaq how his tool could "turbocharge" its three core indexes to yield double-digit outperformance. And at Dan's request, Marc gives his outlook on investing in technology stocks, along with a tip on the one quantitative measure that he uses to pick out the "cash-flow cows" from all the beaten-down tech stocks that litter the market.

Harry Duke and Herlinda Heras have two themes on Brew Ha Ha today. Paul Matlock and Dan Ferris from the 20/30 Club of Santa Rosa will talk about the Battle of the Brews and Tom Edwards, brewmaster from Old Caz Beer, is in the studio. Battle of the Brews takes place April 9, 2022 at the Sonoma County Fairgrounds. Dan is chairing the event this year. Battle of the Brews has been off for two years, but it has a twenty-five year history. They started back in the 1990s when gas was less than $2 a gallon. There are all kinds of breweries there, and people can taste them and vote for the people's choice award. Voodoo Vultures and Rotten Tomatoes, two local bands, play live. There are 50 breweries and 12 BBQ teams also in competition. Once you come in, it's all you can enjoy, one price for everything. It's $110 this year, all included, even the bands. On the day of the event, there are nationally ranked judges who come in, including Herlinda Heras. Herlinda Heras actually ran the vaccine clinic in the same building. It's a nice big space. Tom Edwards tells the story of Old Caz and how he became a brewmaster. He got into brewing through his uncle 10 years ago. He was home brewing with friends and Tom tasted a sample and it was “legitimately good and blew my mind.” After that, he wanted to dive in and learn all he could. He got into home brewing, went to the Beverage People and “went farther and farther down the rabbit hole.” Many home brewers wonder if it is possible to make a go at it and become a business. He realized he needed to know about commercial brewing and operations. So you either need a brewing degree or work experience, to emerge with the knowledge and practice. He didn't want to go back to school and he sent 100 applications. He worked briefly for Budweiser and learned about how the high volume productions work. But he was also accepted by Bear Republic and that is where learned as they expanded. He started in 2012 and was happy to to unglorious work to learn the craft. Speaking of scrubbing tanks, “it was magical, it was awesome.” He made it up to brewer. Now his company has bought equipment from Bear. He started his own brewery with a partner in 2018 and has been on a “total grind” since then. They have a Hazy IPA called Free Craigs which celebrates getting free stuff off Craigslist. They got multiple cold boxes, their grain mill, at least $300,000 worth of free stuff that works! He brought the beers that they will be pouring at Battle of the Brews. The beer is their Midas Blonde. The 20/30 Club provides school supplies to young children in need and Old Caz is one of the breweries that is contributing to it. They also taste the Lavender Radler which has a great story from a friend who made lavender lemonade and they managed to make it blend with a beer. Harry Duke declares that it is one of the most unique flavors he has ever tasted. It tastes more of lemon and sour than lavender, which some people might associate with soap. “It's fascinating. I did not expect that,” says Harry. It's only 4.4% ABV, so very light.

This week, Dan Ferris speaks with Herb Greenberg. A renowned investigative financial journalist and now the senior editor for Empire Financial Research, Herb has had a storied, 40-plus-year career in the financial markets. Herb discusses plans to launch a brand-new, long-only research service. He shares his process for empowering and educating the everyday investor, as well as what goes into researching the best companies for his readers. And in his answer to Dan's traditional Final Question, he describes one of the biggest changes he has made in his own life – a change that he urges all listeners to make as well: eliminate toxicity...

In this week's episode of Stansberry Investor Hour, Dan dives right into discussing the biggest current crisis that has upended the global markets: the Russia-Ukraine war. And Dan's guest today is none other than Stansberry Research's international editor, Kim Iskyan. There's no one better suited for the topic at hand than him. The two chat about everything from how Venezuela and Iran could benefit from Russia's isolation... to how China might even have "the chance to become the geopolitical soft power it wants to be"... and to how it all might play out for "the ultimate dictator," Russian President Vladimir Putin. Kim also shares two unique and pertinent investment ideas for these turbulent times

This week on Stansberry Investor Hour, Dan brings back Cullen Roche, one of his "favorite people to talk to," for a third interview. As the Fed readies to "tap the brakes" on its quantitative-easing programs, an unimaginably wide range of potential outcomes exists for the markets. However, one thing is certain: Years of volatility loom ahead. So for investors looking to build their own "all-weather" portfolios, Cullen shares some portfolio-designing tips – many of which are near and dear to Dan's heart.