Shows
Competent Man PodcastJesse Felder: The Frankenstein of Financial Bubbles
Tom Bodrovics welcomes Jesse Felder, the founder, editor, and publisher of The Felder Report, to The Competent Investor. Felder highlights the unusual correlation between stocks and gold, noting that while they typically move inversely, they have been moving together recently. This is attributed to a transitional period where the market is shifting from favoring financial assets to favoring real assets like gold and commodities. Felder suggests that gold’s performance indicates a potential struggle for financial assets in the future.
The discussion also covers the potential impact of a market correction, comparing it to the do...
2025-12-1052 min
Wealthion - Be Financially ResilientJesse Felder: The AI ‘Bubble of All Bubbles’ Is About to Hit Reality💡Concerned about recession risk, inflation, or an AI-driven market reversal? Get a free portfolio review from one of Wealthion’s endorsed financial advisors: https://bit.ly/4ioUjst
AI stocks have powered markets higher, but Jesse Felder argues we’re now entering the final stage of what he calls a “Frankenstein bubble,” combining elements of the dot-com boom, the housing bubble, and today’s unprecedented speculation into a “bubble of all bubbles”. In this wide-ranging conversation with Maggie Lake, Jesse explains why generative AI economics are fundamentally broken, how OpenAI’s massive losses are artificially boosting Big Tech e...
2025-11-1750 min
Thoughtful Money with Adam TaggartA 'Very Precarious' Time For Markets: AI Bubble, Credit Risks & Insider Selling | Jesse FelderWall Street is partying hard right now with stocks at all-time highs.Unless a significant correction happens soon, the S&P will put in its third year of double-digit returns in a row.But pressures are building.The AI juggernaut, which is driving so much of the US economy and the market's rise these days, increasingly appears to be in bubble territory.While on the other hand, a large percentage of American consumers are increasingly struggling under the high cost of living.How will these pressures resolve in 2026?To discuss, we welcome back to the program macro analyst Jesse...
2025-10-091h 33
Soar FinanciallyNew Rules in 2025: Commodities In, Stocks Out | Jesse FelderJesse Felder returns to Soar Financially to break down why the U.S. economy is far more fragile than it appears to be. From rising inflation and deliberate economic slowdown to insider selling, stagflation risks, and a major monetary regime change, Jesse warns that this market is dangerously overvalued.#gold #marketcrash #buffett-------------------👨💼 Guest: Jesse Felder, Publisher🏢 Company: The Felder Report🌎 https://thefelderreport.com/𝕏 @jessefelder📅 Recording date: June 9th, 2025-------------------📆 Save the Date 📆DEUTSCHE GOLDMESSE November 14 & 15, 2025 in Frankfurt, Germanywww.deutschegoldmesse.com FREE Registration for Investors! ---------------------📰 Up-to-Date Commodity Prices & Commentary 📰👉 Clear Commodity Network 👈🌎 https://clearcommodity.net/ 🌎►► Follow Us! ◄◄Twitter: http://twitter.com/soarfinancialWebsite: http://www.soarfin...
2025-06-1142 min
Market Misbehavior with David Keller, CMTJesse Felder's SECRET to Filtering Out Market Noise with Long-Term ChartsIn the 49th episode of the Market Misbehavior podcast, Dave speaks with Jesse Felder, Editor of The Felder Report. Jesse shared how he balanced macro themes with technical analysis tools, using long-term charts to avoid short-term noise, trading potential topping patterns for Apple (AAPL) and Nvidia (NVDA), what the oil-to-gold ratio suggests about upside potential for energy stocks, and how he uses the DeMark indicators to anticipate exhaustion points. Recorded 5/20/25.You can follow Jesse's work at https://thefelderreport.com/ and find his podcast "Superinvestors and the Art of Worldly Wisdom" at https://thefelderreport.com/podcast/.🎓 Take...
2025-06-1033 min
Kontrarian KornerKontrarian Korner #57 - Jesse FelderOn Monday I had first time guest Jesse Felder on the podcast to cover a bunch of different things going on in financial markets. We talked about his view on a commodities supercycle, and why he finds energy particularly attractive currently. We also talked currencies, passive investing, real estate, and several other topics. It was a fun conversation, and for investors with views that are outside of the consensus, it might be interesting. You can find Jesse at his website, The Felder Report, and on Twitter and Bluesky. Podcast Summary* Energy, and his thoughts on...
2025-05-2256 minThoughtful Money with Adam TaggartStocks Headed Lower Say Key Indicators | Jesse FelderWall Street is hoping that, once the current uncertainty and unpredictability of the Trump tariffs start dissipating as new trade deals get struck, things will get back to "normal"Today's guest thinks yesterday's "normal" may now be an artifact of history.And that, like it or not, we've experienced "‘A Geopolitical And Economic Paradigm Shift’"That means the future of investing may look quite different from the past.To discuss, we welcome back to the program macro analyst Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with...
2025-05-011h 30
Wealthion - Be Financially ResilientJesse Felder: Stocks, Bonds & the U.S. Dollar Are All BreakingAre we heading into a full-blown reset across financial markets? In this explosive interview, Jesse Felder, founder of The Felder Report, joins James Connor to issue a dire warning: stocks, bonds, and the U.S. dollar are all dangerously mispriced, and a major repricing event may be just around the corner.Felder explains why:
The S&P 500 remains dangerously overvalued, despite recession signals
Retail traders are driving a leverage-fueled bubble, while insiders are cashing out
Tech optimism is fading as AI giants freeze CapEx spending
Bonds face a historic risk: a “vigilante revolt” amid...
2025-04-2357 min
Maggie Lake Talking MarketsEpisode 40: Don't Buy The Dip 'Til The Insiders Do. With Jesse Felder.If the back and forth over the so-called tech exemption over the weekend showed us anything, it was that we are still dealing with a lot of uncertainty. Joining Maggie Lake today on Talking Markets to discuss is Jesse Felder, founder and editor of The Felder Report. Up for discussion: whether "BTFD" is over, the future for the "Fed put," and why you need to watch what insiders are buying and selling. Get more from Jesse here: https://thefelderreport.comDon't miss out on future episodes - get on the list here: https://maggielake.markets/notify-meConnect with me on Substack...
2025-04-1434 minSoar FinanciallyEXPOSED: Nvidia CEO & Bezos Selling Stock, Crash Imminent | Jesse FelderIn this interview, Jesse Felder, publisher of The Felder Report, dives into why Nvidia CEO Jensen Huang and Jeff Bezos are selling stock, signaling potential risks for the market. With Nvidia's recent tech announcements driving investor interest, we examine whether this surge is sustainable amidst a looming double bubble warning and extreme market valuations. Jesse also explores insider buying and selling trends, the outlook for gold and commodities, and the broader implications of inflation, fiscal policies, and the U.S. dollar. Discover key insights into navigating today's volatile markets and protecting your wealth in 2025.
#gold #nvidia #buffett
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Thank...
2025-01-1452 min
Commodity CultureWe're 'Nowhere Near' Top of This Gold & Silver Bull Market: Jesse FelderJesse Felder thinks that investors haven't come close to embracing gold and silver in the way they will once this current precious metals bull market nears its final act, and both technical and fundamental indicators are showing we still have a long ways to go. Jesse also discusses why he believes the oil and gas market is presenting a tremendous opportunity for contrarian investors, the bubble he sees set to burst in the broad market, the coming commodities supercycle he sees on the horizon, and much more.The Felder Report: https://thefelderreport.comFollow Jesse Felder...
2025-01-0137 minThoughtful Money with Adam TaggartRampant Insider Selling Signals The End Of The Bubble In Stocks | Jesse FelderToday's guest expert is the second this week to warn that US financial asset prices appear to be in bubble territory.
Is that truly the case?
And if so, will the bubble burst in 2025? Or inflate further?
Investors have much riding on the answer.
To discuss, we welcome back to the program macro analyst Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.
Jesse has a number of charts of leading indicators that he walks us through that strong suggest stock prices will head lower - perhaps a lot lower - in 2025.
Follow Jesse at his...
2024-12-191h 02
Wealthion - Be Financially ResilientJesse Felder: Warren Buffett & CEOs Are Cashing Out—Markets at Risk!Are today’s markets on a fragile foundation? Jesse Felder thinks so. He sits down with Wealthion’s Andrew Brill to uncover why insider selling is off the charts, Warren Buffett is more cautious than ever, and top CEOs are cashing out of their stock holdings. Jesse dives into alarming recession signals, the hype surrounding AI, the risks of passive investing, and the dollar’s overvaluation. Plus, learn why commodities could dominate in the years ahead and what the Federal Reserve’s policies mean for your portfolio.Investment Concerns? Get a free portfolio review with Wea...
2024-12-1245 minThoughtful Money with Adam TaggartCorporate Insiders Are Selling Like Crazy | Jesse FelderThere's a lot of change in the air right now: in the economy, the markets, and of course with the fast-approaching US election.
There's so much change currently underway that today's guest titled his latest report: The Macro Winds Are Shifting.
How exactly? What will the likely repercussions be?
And how should investors consider positioning intelligently today for where the puck is headed?
For guidance, we're fortunate to speak today with Jesse Felder, founder & Editor of the respected market research firm: The Felder Report.
Follow Jesse at https://thefelderreport.com/ or on X/Twitter at @JesseFelder
WORRIED ABOUT THE MARKET...
2024-09-2159 min
Mining Stock DailyJesse Felder on The Fragility of the Market Structure and the Impact on VolatilityTrevor and Jesse Felder of The Felder Report discuss various topics including the market reaction to Nvidia earnings, the volatility in the VIX, the potential impact of rate cuts, the state of the economy, the upcoming US election, and the opportunities in commodities. They highlight the disconnect between the stock market and the underlying economy, the fragility of the market structure, and the importance of paying attention to insider activity. They also discuss the potential for a soft landing in the economy, the risks of a rate cutting cycle, and the bullish case for commodities, particularly energy and precious...
2024-08-3042 min
The Market HuddleThe AI Bubble & What Comes Next… (Guest: Jesse Felder)On this weeks Huddle +, Patrick welcomes, the author of The Felder Report, Jesse Felder. They discuss the recent market trends, the commodity secto, the AI bubble and what comes next…
Check out ‘The Felder Report’: https://thefelderreport.com/
Follow Jesse on X: https://www.x.com/JesseFelder
*Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com
Visit our merch store!!! https://www.themarkethuddlemerch.com/
To receive our emails with the charts and links each week, please register at: https://markethuddle.com/
2024-08-0732 min
Lead-Lag LiveJesse Felder on Insider Trading Insights, Market Dynamics Comparison, and Algorithmic Investing ChallengesWhat if insider trading activity could reveal hidden market trends? Join us as we sit down with Jesse Felder, the brilliant mind behind The Felder Report, to uncover his remarkable transition from Bear Stearns to co-founding a hedge fund and pioneering financial blogging. Jesse shares his invaluable expertise in market analysis, emphasizing the underappreciated significance of insider trading and comparing today's market dynamics with the dot-com bubble era. He also addresses the ever-evolving challenges of creating engaging content in a landscape dominated by passive investing and algorithmic trading.Next, we dive into the economic implications of insider...
2024-08-0543 min
WTFinanceSpeculative Euphoria Fuelling Extreme Valuations with Jesse FelderInterview recorded - 1st of April, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Jesse Felder. Jesse is the Founder of Felder Investment Research and host of Superinvestors. During our conversation we spoke about Jesse's thoughts on the markets, why we will have a recession, society of speculators, the everything bubble, economic data to watch, how is Jesse positioned and the potential for a commodity supercycle. I hope you enjoy!0:00 - Introduction1:31 - Overview of economy and markets3:41 - Why will we have a recession?
2024-04-1046 minThoughtful Money with Adam TaggartThe Market Is Priced For A Fairytale Economy, But Stagflation Is Much More Likely | Jesse FelderToday's guest expert is concerned that too many investors, giddy with the ferocious market gains since November, are increasingly willing to pay prices for assets that only make sense if the pace of gains continues into the far future.
This is called "extrapolating the unsustainable" and is a hallmark of late stage price melt-ups.
Historically, this behavior has not ended well for those engaging in it.
Will it prove different this time?
To find out, as well as hear...
2024-04-091h 08
WTFinanceWe Are Approaching An Uncontrollable Debt Spiral? with Jesse FelderInterview recorded - 2nd of October, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with Jesse Felder - Founder of Felder Investment Research and host of Superinvestors. During our conversation we spoke about what we are currently seeing in the bond markets, why this could be a wrecking ball, what would make the FED have to intervene and the potential for there being a debt death spiral. I hope you enjoy!0:00 - Introduction0:13 - What is Jesse watching in markets?2:35 - Why is this time different i...
2023-10-0432 min
Macro VoicesMacroVoices #392 Jesse Felder: Questioning the Soft Landing NarrativeMacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show. They discuss the many reasons Jesse is questioning the soft landing narrative and expecting more turbulence for the stock market. Then Erik shares his exciting commodity trade idea before moving onto postgame with Patrick. https://bit.ly/45I2ysd
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2023-09-071h 09
Real Vision: Finance & InvestingIs the Stock Market Severely Mispriced? With Jesse FelderJesse Felder, founder of Felder Investment Research, joins Ash Bennington to discuss his outlook on the Federal Reserve and its policies, the impacts of rapidly rising rates on the broader market, and why he believes the U.S. equity market is severely mispriced.You can find more of Jesse's work here: https://t.co/bvf4IL8Oha Learn more about your ad choices. Visit podcastchoices.com/adchoices
2023-08-3133 min
Supply ShockPrepare For A "Reckoning" In The Soft Landing Narrative | Jesse FelderFollow On The Margin On Spotify: https://spoti.fi/46mn1n3Follow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX—On todays episode Jesse Felder Founder of Felder Investment Research joins the show for a discussion on where we are in the current macro cycle and whether the second half of 2023 will be as robust as the first half of the year.Questioning the soft landing narrative, Jesse expects a deterioration in economic data in th...
2023-08-0243 min
My Worst Investment Ever PodcastJesse Felder – Don’t Rationalize a Lousy TradeBIO: After starting his career at Bear Stearns and then co-founding a multi-billion-dollar hedge fund firm, Jesse Felder left Wall Street to focus his energies on research and writing. Today he publishes The Felder Report and hosts the Superinvestors podcast.STORY: Jesse found a cigar butt stock that was cheap and performed extraordinarily well in just a few months after he took a pretty sizable position. A friend convinced him to hold the stock long-term instead of short-term as he had planned. Government legislation affected the business, and Jesse lost about 50% of his investment.LEARNING...
2023-04-1935 min
Wealthion - Be Financially ResilientA 'Massive Re-Pricing' In Assets Lies Ahead | Jesse FelderThe market is in danger, warns macro analyst Jesse Felder.
The rise of inflation and the reversal of globalization is a HUGE paradigm shift that the market doesn’t appropriately appreciate it yet. The Fed’s hands are tied while inflation remains a challenge, and it likely will be for a long time because the new principal trends in play (on-shoring, tightening labor force) are inflationary. Taming inflation is going to be a protracted, painful process – and likely won’t go back to the disinflationary trajectory we’ve been on since the 1980s. A massive repricing across asset clas...
2022-08-0932 min
The Macro Trading FloorWe Are Headed For A Deep Recession | Jesse FelderOn today’s episode of “The Macro Trading Floor,” Andreas and Alfonso welcome Jesse Felder, author of The Felder Report. Felder argues that a strong dollar, severe interest rate spikes, and surging commodity prices indicate that a deep earnings recession is on the horizon. Felder explains why he thinks a Fed pivot is likely and fleshes out his macro thesis on stocks, bonds, and precious metals. For details of Jesse’s actionable trade idea, you will have to listen in! -- Follow Jesse: https://twitter.com/jessefelder Follow Andreas: https://twitter.com/AndreasSteno Follow Alfonso: https://twitter.com/MacroAlf Follow Blockwor...
2022-06-1253 min
Finanzielle Intelligenz mit Marc FriedrichINFLATION - REZESSION! Wie schützt du deine Kaufkraft? (Interview Jesse Felder) (ENG)Was kannst du gegen den Verlust deiner Kaufkraft tun? Kann die FED noch einen Ausweg aus ihrer Geldpolitik finden? Wie steht es um unseren Makroökonomischen Ausblick, sehen wir bald einen Einbruch der Aktienmärkte und wie schützt Jesse Felder vom "The Felder Report" seine Kaufkraft? Wird die EZB der FED folgen oder doch weiterhin nur zusehen? Rudern wir volle Kraft auf eine Rezession, Depression zu oder befinden wir uns in einer Stagflation? All diese und noch weitere Fragen gibt es heute in einer neuen Folge "Marc spricht mit..." Jesse Felder.
Originalvideo mit Unte...
2022-06-0957 minMacro VoicesMacroVoices #303 Jesse Felder Joins Inflation/Deflation DebateMacroVoices Erik Townsend and Patrick Ceresna welcome The Felder Report founder Jesse Felder to the show. Jesse disagrees with the disinflationary views David Rosenberg and others have expressed on MacroVoices, and will lay out his side of the story and also discuss precious metals and much more.
Link: https://bit.ly/3mqvHna
2021-12-231h 05
Superinvestors and the Art of Worldly Wisdom#46: Kiril Sokoloff On Seeking Truth In An Era Of SophistryFor over half a century now, Kiril Sokoloff has not only identified in advance the most significant trends and innovations driving the markets and economy, he has also pinpointed the most attractive investment opportunities afforded by them. As a result, his firm, 13D Research, has become one of the most respected and influential services among institutional investors around the world. In this conversation (recorded in Sun Valley, Idaho), Kiril discusses how he developed and honed his investment approach over the course of his extensive and illustrious career and how he is using it today to isolate the most valuable macro...
2021-07-0756 min
Superinvestors and the Art of Worldly Wisdom#45: Michael Oliver On The ’Massive Momentum Structure’ In The Stock MarketOne thing I try to do with this podcast, is to find people who are taking a truly unique approach to analyzing the markets, those taking the "financial road less traveled," as I like to call it. Well, Michael Oliver is surely one of those. There is traditional technical analysis, the study of charts which has been around for as long as markets, and then there is Michael's, "momentum structural analysis," which is an entirely original way of studying price patterns and trends. It was almost exactly two years ago, I first got the chance to interview Michael about his...
2021-06-3056 min
Superinvestors and the Art of Worldly Wisdom#44: Julian Brigden On The Fed’s ’Impossible Trinity’Julian Brigden is a master of models. In putting together his macro theses, which have presciently called major moves in everything from inflation and the dollar to the most popular manias in the stock market, he carefully studies inter-market relationships and correlations to come up with a framework grounded in real data rather than arcane theories and formulas. This practical and highly-refined approach has served him well for the ten years he has been running MI2 Partners and for years prior to that. In this episode, (recorded in Breckenridge, Colorado), Julian discusses how he developed this uniquely insightful methodology and...
2021-06-231h 07
Superinvestors and the Art of Worldly Wisdom#43: Diego Parrilla On Appreciating The Opportunity Set In ‘Antibubbles’It was just over two years ago Diego Parrilla first joined me on the podcast to discuss his framework for analyzing financial bubbles and what he calls, "antibubbles." You may have noticed that the topic of bubbles and antibubbles has come up in both of my recent interviews with James Davolos, on the topic of inflation, and Adam Rozencwaig, on the mania in green energy stocks. Considering how relevant Diego's framework is to the current market environment and how dramatically the macro backdrop has changed since we last spoke, I thought it would be an opportune time to have him...
2021-04-211h 11Macro VoicesMacroVoices #266 Jesse Felder: Macro Roadmap for the S&P500MacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show. Jesse sees inflation on the horizon and has quite a bit to say about macro risk factors and where the S&P500 may be headed next.
Link: https://bit.ly/3t26fpv
2021-04-091h 08
Superinvestors and the Art of Worldly Wisdom#42: Adam Rozencwajg On The Speculative Mania In Green Energy StocksBack in October of last year, I had the pleasure of discussing the "generational opportunity in energy stocks" with Leigh Goehring. At the time, he made a very compelling investment case for the energy sector and, in just the five months since then, it has nearly doubled in value. Leigh and his firm still believe energy offers compelling value but to truly appreciate it, it helps to also understand the related bubbles in both renewables and electric vehicles. In this conversation, Leigh's partner, Adam Rozencwajg, shares his views on the mania in these so-called green energy stocks, outlining why renewables...
2021-03-1057 min
Opto Sessions – Invest in the Next Big IdeaJesse Felder - Oil vs. Renewables, Bitcoin bulls & Rampant speculationJesse Felder makes his second appearance on Opto Sessions, having made his debut with Ed back in October. Jesse began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund headquartered in Santa Monica, California. Then in 2000, Jesse moved to Oregon, founding The Felder Report shortly after, and since his research has featured in major publications like The Wall Street Journal, Barron's, and Business Insider.Jesse and I spoke about an asset that has polarised opinion like no other – Bitcoin. Jesse presents a typically contrarian outlook for the long-term value of the cryptocurrency wh...
2021-02-2551 min
Superinvestors and the Art of Worldly Wisdom#41: James Davolos On Protecting Yourself Against A Paradigm Shift In InflationPerhaps the biggest debate in the markets today is regarding the prospect of inflation. Will the massive fiscal stimulus and money printing of the past year or so, paired with shifting trends in global trade and demographics, result in a secular shift in the disinflationary paradigm we have seen for the past 40 years? To try to answer this question and to better understand how to protect one's finances should inflation rear its ugly head again, I reached out to James Davolos, co-portfolio manager of the Horizon Kinetics Inflation Beneficiaries ETF (INFL). In this conversation, James shares his framework for approaching...
2021-02-241h 05
Superinvestors and the Art of Worldly Wisdom#40: Grant Williams On Focusing On What’s ImportantSince starting his newsletter roughly a decade ago and then founding RealVision a few years later, Grant Williams has established himself as one of the preeminent creators and curators of financial wisdom in the world. His keen yet conversational interviews with some of the most interesting thinkers in the financial field have inspired investors of every ilk all around the globe and his monthly writings are widely considered invaluable. In this conversation, Grant discusses why and how he recently decided to shift the focus of his business in a more meaningful direction. He also shares what he has learned from...
2021-02-101h 04
Superinvestors and the Art of Worldly Wisdom#39: John Hussman On Navigating One Of The Most Overextended Stock Markets Of All TimeAt just seventeen years old, John Hussman's introduction to the world of finance was a job hand drawing charts for an investment adviser who liked his handwriting. From that point on, he was hooked on markets. After receiving his PhD in Economics from Stanford in 1992, he went on to found Hussman Strategic Advisers and has been managing equity portfolios ever since. In this episode, John discusses how he developed his "value-conscious, historically-informed, full-cycle" investment discipline over the past 40 years and how he is implementing it today to navigate one of the most "overvalued, overbought and overbullish" stock markets of all t...
2021-01-271h 22
Superinvestors and the Art of Worldly Wisdom#38: Danielle DiMartino Booth On The Future Of The Federal ReserveAfter a successful career on Wall Street, Danielle DiMartino Booth spent years as special adviser to Richard Fisher while he was head of the Dallas Fed. In her role, she provided an invaluable, markets-based perspective to one of the most independent-thinkers to have served in a leadership position at the Federal Reserve. What's more, she did so during one of the most tumultuous periods in the central bank's history: The Great Financial Crisis. In this interview, Danielle discusses the evolution of the Fed through that period and how the policies developed and implemented then have played a role in everything...
2021-01-131h 00
Superinvestors and the Art of Worldly Wisdom#37: Keith McCullough On The Power Of Betting On YourselfAt first blush, Keith McCullough may come off as just another brash and cocksure trader. Dig a bit deeper, though, and you'll find a calculating iconoclast driven by a deep desire to both continually improve as an investor and, ultimately, change Wall Street for the better. After starting in a job running buy and sell tickets, Keith worked his way up to running a portfolio and eventually to founding his own hedge fund. Today, he runs Hedgeye, a research service established with the goal of giving individual investors a look behind the curtain of a major macro hedge fund environment...
2020-12-021h 01
Superinvestors and the Art of Worldly Wisdom#36: Peter Atwater On The Coming Age Of ’Screwtiny’There are very few truly unique thinkers in the world and almost none of them regularly train their gaze on Wall Street. Peter Atwater is one of those rare few. Whenever a major news story hits the tape, it's Peter's opinion I look to to begin to understand what it means for markets and the world because of the grounded and clear-headed insight he brings to the table. Three years ago, on this show he accurately forecasted the current "backlash era" we now find ourselves in. In this episode, he discusses where we stand in this process today. Peter also...
2020-11-111h 07Opto Sessions – Invest in the Next Big IdeaJesse Felder - Teslas vampire squid & The return of Black GoldToday I welcome Jesse Felder, Founder of the Felder Report. Jesse began his professional career at Bear Stearns and later co-founded a multi-billion-dollar hedge fund in Santa Monica, California. Today he manages the Felder report from his home in Oregon. Jesse runs a really fascinating blog @ the felderreport.com and I’ve dug into some of his more recent musings on the market including why it’s time to get greedy in the energy sector and the vampire squid that’s potentially behind the recent call buying frenzy in tesla. @jessefelderhttps://www.thefelderreport.com/
2020-10-291h 08
The Alt Asset Allocation Podcast11: Macro Investing Outlook with Jesse FelderFor the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/
Jesse Felder has been managing money for over 20 years. He began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Today he works with a select group of clients at Felder & Company, LLC in Bend, Oregon and blogs at TheFelderReport.com.
In this episode, we go over all things Macro including: Outlook for US & Emerging Market Equities, The US Dollar, Inflation, Gold, Commodities - we cover a LOT and go...
2020-10-121h 05
Superinvestors and the Art of Worldly Wisdom#35: Leigh Goehring On The Generational Opportunity In Energy Stocks TodayYou could say that natural resources run in Leigh Goering's blood. The son of two oil and gas engineers, Leigh has spent nearly his entire life studying markets and investments related to commodities. Over the past 30 years, he has become one of the most brilliant and passionate analysts and money managers in the industry. In this conversation, Leigh shares the details of his macro and micro research process and how he applies them to investing in natural resource stocks. He also details the case for a coming energy crisis and why energy stocks present investors with a generational opportunity today...
2020-10-071h 00
Superinvestors and the Art of Worldly Wisdom#34: Michael Green On Detecting The Greatest Value In Markets TodayMike Green has been in the right place at the right time for his entire investment career and not just by way of good fortune. Mike has an uncanny knack for finding value in the markets. After jumping into the small cap value game in 1999 and taking advantage of one of the best runs for value as a factor in history he moved on to explore opportunities in hedging via derivatives in 2006, just prior to the Great Financial Crisis. Shortly thereafter, massive mispricings in the option market driven by the sudden popularity of tail hedging strategies gave him a new...
2020-09-161h 03Macro VoicesMacroVoices #233 Jesse Felder: How Long Can Stock Market Mania Continue?MacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show to discuss everything from the stock market, to the U.S. dollar, to gold & much more.
Link: https://bit.ly/2CJ3Hrc
2020-08-211h 23
Hedgeye PodcastsEp 65 Real Conversations: Jesse Felder, Founder, Publisher & Editor, 'The Felder Report'**This webcast originally aired live on Hedgeye.com on June 1, 2020**Join Hedgeye CEO Keith McCullough and Jesse Felder, former hedge fund manager and founder of The Felder Report, in this pro-to-pro investing discussion about the current market environment.
2020-06-041h 01
Trading Global Markets DecodedThe US Dollar, Stocks, Gold, and Oil Amid the Coronavirus Pandemic with Jesse FelderJesse Felder, editor and publisher of the Felder Report, discusses his views on the U.S. stock markets, gold, and oil. Are investors appropriately pricing in the COVID-19 pandemic? And, how supportive are the Federal Reserve's policies for the U.S. economy? Find out the answer to these questions and more on this episode of Trading Global Markets Decoded.
2020-05-2300 min
Equity Mates Investing PodcastExpert Investor: Jesse Felder - The effect of coronavirus on different assetsBased in the US, Jesse Felder co-founded a multi-billion dollar hedge fund and is now prolific on financial twitter and publishes The Felder Report. Last time Jesse was on the podcast he offered insights into a variety of different asset classes. So when we wanted to understand what was happening across different asset classes in this current coronavirus shutdown, we thought there was no one better to speak to than Jesse.In this interview we ask Jesse for his thoughts on a number of different asset classes: US equities, non-US equities, bonds, currencies, commodities including precious metals...
2020-04-2340 min
Superinvestors and the Art of Worldly Wisdom#33: Bill Fleckenstein On Profiting From Central Bank MistakesIt's been three years since I made the trek up to Seattle to interview celebrated short seller Bill Fleckenstein on the topics of, "Central Bankers, Financial Bubbles and White Burgundy." With a global pandemic now threatening to burst these bubbles, forcing central bankers into even more extreme monetary policies, I thought it was an opportune time to reconnect with Bill and get his thoughts on how these things are evolving and how investors might seek to profit in their midst. For notes and links related to this episode visit TheFelderReport.com.
2020-04-221h 09
Superinvestors and the Art of Worldly Wisdom#32: Christopher Cole On Appreciating RiskChristopher Cole is one of the foremost thinkers and practitioners in the world of volatility trading. After beginning his career in Hollywood as a cinematographer, Chris took an interest in options trading. Eventually, this led to a job at Merrill Lynch where he was able to explore the subject of risk further and in a professional capacity. After personally profiting through employing his volatility strategies during the Great Financial Crisis, Chris founded Artemis Capital Management in order to offer his services to institutional and hedge fund investors. In this episode, Chris discusses his personal evolution as a trader and hedge...
2020-02-191h 04
Superinvestors and the Art of Worldly Wisdom#31: Rob Arnott On Engineering A Better IndexRob Arnott is one of the most accomplished and respected quantitative analysts in the world. He has written over 100 academic papers on everything from tactical asset allocation to value investing. In this episode, Rob discusses his evolution as an investor, from tailoring his college major in the late-1970's to best position him for a career in quantitative investing to the founding of his firm, Research Affiliates, in 2002. He also shares the details of the uniquely successful indexing strategy he developed over a decade ago to fix the major problems with the most popular form of passive investing and to...
2019-12-041h 04
Equity Mates Investing PodcastClassic Ep: Jesse Felder - Clear Thinking On What's Happening In MarketsA while ago (and in response to our most common critique) we at Equity Mates made a commitment - to improve the quality of our audio. Unfortunately, Ren is moving house at the moment and with a poor internet connection comes patchy audio. So in the spirit of upholding our commitment, and improving our audio quality, we chose not to release that episode. Instead, we're re-releasing one of our favourites. An interview with someone who has been managing money for over twenty years, who founded his own hedge fund and now provides some of the clearest and most insightful market...
2019-10-091h 07
Superinvestors and the Art of Worldly Wisdom#30: Meb Faber On The Future Of Investment ManagementYou would be hard-pressed to find anyone who has done more to educate and inform individual investors about the fundamentals of effective investing than Meb Faber. Over the past decade and longer, through books like Global Asset Allocation, Meb has taken key concepts, which Wall Street has suggested for years are too complex for individuals to understand let alone implement, and made them easily accessible for almost anyone to quickly absorb. In this conversation, Meb discusses why passive investing as we know it today is not nearly as efficient as most believe, how owning just one fund allows him to...
2019-09-251h 13
Superinvestors and the Art of Worldly Wisdom#29: Louis-Vincent Gave On Staying One Step Ahead Of The MarketsWhen it comes to global macro investing, Louis-Vincent Gave is one of the most interesting thinkers in the world. His firm, GaveKal, puts out some of the most compelling research on Wall Street and beyond and, as CEO, Louis' unique investment process is at the heart of it. In this episode, he discusses his family tradition in both the French military and in the capital markets, how he developed his own signature investment framework and some of the key themes driving his current views on markets around the globe. For notes and links related to this episode visit TheFelderReport.com.
2019-08-1455 min
We Study Billionaires - The Investor’s Podcast NetworkTIP253: An Intrinsic Value Assessment w/ Jesse Felder (Business Podcast)On today's show, we talk to investing expert, Jesse Felder, about the intrinsic value of Bed Bath and Beyond.IN THIS EPISODE YOU’LL LEARN:
How to asses the intrinsic value of Bed Bath & Beyond
Why Bed Bath & Beyond is shorted so heavily and why it’s an advantage for you as a long investor
How to make money in a commoditized business with no moat
Why Bed Bath & Beyond could be taken private
Ask The Investors: How do you factor in macro indicators when valuing stocks?
BOOKS AND RESOU...
2019-07-2840 minMacroVoices #175 Jesse Felder: Breadth divergences signal caution warranted on new all-time highsErik Townsend and Patrick Ceresna welcome Jesse Felder to MacroVoices. Erik and Jesse discuss the theories on the length of this market cycle, outlook on the dollar and bond yields, and the unwind of institutional risk parity trade and much more.
Link: http://bit.ly/2xKZugy
2019-07-1200 min
Superinvestors and the Art of Worldly Wisdom#28: Michael Oliver On Why Momentum Is Truth In MarketsMichael Oliver has been studying markets for over four decades but it was the 1987 stock market crash that became his "aha!" moment and converted him to what he calls "momentum structural analysis." It was his early work in the area that prepared him for that massive decline in stock prices and the success of its forecasting ability that gave him the confidence to pursue it full time. Many technical analysts like to say, "price is truth," but to Michael price can be deceiving and it's only by isolating the momentum in the market that reveals the truth about the underlying...
2019-07-101h 01
Silver Bullion TV (SBTV)60 Jesse Felder - Buy Gold, Current Credit Cycle Is The Most Ponzi of All TimeJesse Felder, Founder of The Felder Report, joins us on SBTV and warns that current asset bubbles induced by policies of the Federal Reserve have been blown to epic Ponzi levels.
2019-05-2646 min
The Acquirers PodcastBear Sh*tting: Jesse Felder of the Felder Report discusses US equity risks with Tobias Carlisle on the Acquirers PodcastJesse Felder (https://twitter.com/jessefelder) of the Felder Report (https://thefelderreport.com/) discusses the hidden risks for US equities.
ABOUT THE PODCAST
Hi, I'm Tobias Carlisle. I'm launching a new podcast called The Acquirers Podcast.
The podcast is about finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.
We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.
SEE LATEST EPISODES
https://acquirersmultiple.com/podcast/
SEE OUR FREE DEEP VALUE STOCK S...
2019-05-031h 02Trading Global Markets DecodedValue Investing Maverick, Jesse Felder Shares How to Hunt For Value in a BubbleFrom Bear Sterns to running his own fund, to teaching investors how to hunt for value and opportunity amidst ‘the everything bubble,’ Jesse Felder is an authority on market developments, and he shares his insights and process with Tyler Yell on the DailyFX Podcast, Trading Global Markets Decoded.
Subscribe our podcasts: iTunes Google Play Stitcher Soundcloud
Follow Tyler article via his DailyFX Bio: https://www.dailyfx.com/authors/bio/Tyler_Yell
Talk markets on twitter @ForexYell
2019-04-1050 min
Top Traders Unplugged with Niels Kaastrup-Larsen29 The Systematic Investor Series ft Jesse Felder - March 31st, 2019In this episode, we’re joined by special guest, Jesse Felder, from The Felder Report & the SuperInvestor Podcast. Jesse describes his journey into the markets, if he uses Trend Following strategies in his portfolio, why he thinks we’re in a Bear Market, and in the middle of a major ‘topping process’, what he thinks about Passive Investing, his go-to timing tools, and if Value Investing can be applied to non-equity markets such as Gold. We also ask Jesse: does he use the VIX index for hedging? What is a normal day is like for him? Jesse tells us why he cons...
2019-03-311h 17
Top Traders UnpluggedSI29: Can Value Investing be applied to Gold? and Trend Following as a forecasting tool ft. Jesse FelderIn this episode, we’re joined by special guest, Jesse Felder, from The Felder Report & the SuperInvestor Podcast. Jesse describes his journey into the markets, if he uses Trend Following strategies in his portfolio, why he thinks we’re in a Bear Market, and in the middle of a major ‘topping process’, what he thinks about Passive Investing, his go-to timing tools, and if Value Investing can be applied to non-equity markets such as Gold. We also ask Jesse: does he use the VIX index for hedging? What is a normal day is like for him? Jesse tells us why he cons...
2019-03-311h 17
Planet MicroCap Podcast | MicroCap Investing StrategiesEp. 85 - Understanding Insider Activity with Jesse Felder, Founder and Editor of The Felder ReportFor this episode of Planet MicroCap Podcast, I spoke with Jesse Felder, Founder and Editor of The Felder Report. Jesse is a well-respected money manager, who began his career at Bear Stearns and later co-founded a multi-billion-dollar hedge fund firm located in Santa Monica. With over 20 years of experience, I reached out to Jesse with the hope of learning his beginnings and how his investing journey has changed (or not) over the years. What I came to learn from this interview, which we talk at length about, is how insider activity affects Jesse’s investing strategy....
2019-03-2048 min
We Study Billionaires - The Investor’s Podcast NetworkTIP227: Jesse Felder - Current Market Conditions 2019 (Business Podcast)On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. IN THIS EPISODE YOU’LL LEARN:
Why Warren Buffett’s valuation metric for the stock market forecasts around a 0% return over the next 10 years.
Why Warren Buffett has refinanced his debt and what it means for you as an investor and house buyer.
Why Ray Dalio and Jesse Felder think that...
2019-01-2742 min
Superinvestors and the Art of Worldly Wisdom#27: Diego Parrilla On The Perpetual Search For Extreme OptionalityDiego Parrilla has been eerily prescient in calling major turning points in a variety of markets over the past several years. Back in 2014, he published The Energy World Is Flat in which he detailed the coming crash in the price of crude oil and the various dynamics that would ensure such an outcome. Oil prices subsequently fell more than 70% over the next couple of years. In August of 2017, he published a new book titled, The Anti-Bubbles, in which he laid out the case for a rise in volatility across a number of markets. Just a few months later, the short...
2019-01-091h 19
Equity Mates Investing PodcastExpert Investor: Jesse Felder - Clear Thinking On What's Happening In MarketsWe are so excited to bring you another episode in our Expert Investor series. Our guest this week is someone who we have been following for a couple of years now, and have longed to have on the show. His name is Jesse Felder. Jesse is an ex-Wall Street trader, starting his career at Bear Stearns (without even studying Business or Finance) - the largest investment bank on Wall Street at the time. He then went on co-found a multi-billion dollar hedge fund, before moving into financial media, and running 'The Felder Report'. Jesse's views resonate with us, and if...
2018-12-081h 04
Superinvestors and the Art of Worldly Wisdom#26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro InvestingErik Townsend is unique in the investing world for his deep expertise in two seemingly disparate fields: security technology and macro investing. This rare perspective gives him extraordinary insight into the intersection of the two and how they are likely to affect global markets in the future. In his new book, Beyond Blockchain, Erik discusses these trends in great detail, covering the history of money, the rise of the dollar as the world's reserve currency and the origin and evolution of cryptocurrencies like Bitcoin. Moreover, he imagines a future world order, not dominated by cryptocurrency, but enabled by the technology...
2018-12-051h 09
Superinvestors and the Art of Worldly Wisdom#25: Jonathan Tepper On The Single Most Important Question Investors Should Be Asking Right NowHave we entered a new era of sustainably high corporate profit margins or will they revert over time to more normal historical levels? This is the single most important question equity investors should be asking today and nobody has done more work on this topic than Jonathan Tepper. Formerly, an equity analyst at one of the most successful hedge funds on the planet, then a prop trader at one of the largest firms on Wall Street, Jonathan today runs Variant Perception, an institutional research service. He also recently published a new book, The Myth of Capitalism, his survey of the...
2018-11-081h 01
Superinvestors and the Art of Worldly Wisdom#24: Fred Hickey On Trusting In Your Own Research And ExperienceFred Hickey has been writing The High Tech Strategist, a monthly investment newsletter, for over 30 years. Over that time, he has developed an intensive research process focused on the tech sector that gives him extensive familiarity with dozens of individual companies within it along with unique insight into the broader economy. In this episode, Fred discusses what his research routines look like on daily and monthly basis and how his writing discipline has helped him become a better investor. He also tells the story meeting legendary investor Sir John Templeton near the peak of the dotcom mania and what he...
2018-09-121h 08
Superinvestors and the Art of Worldly Wisdom#23: Jerry Parker On Finding Your True Calling In Life And The MarketsJerry Parker began his career as an unfulfilled accountant looking for something more inspiring to do with his life. After getting rejected for several traditional jobs on Wall Street he responded to an ad looking for a handful of people eager to learn how to trade. It would soon turn out those early rejections were an incredible blessing in disguise because if he had been accepted to any one of them he would have likely missed out on the opportunity to learn from one of the true legends of finance. In the early 1980's, Richard Dennis hired Jerry and a...
2018-08-291h 04
We Study Billionaires - The Investor’s Podcast NetworkTIP205: Jesse Felder on Tariffs, Gold, the Dollar & more (Business Podcast)On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. We start off the discussion talking about gold and what lies ahead. As the show progresses we talk about the tariffs and the impact on the US Dollar. We talk Fang, we talk Elon Musk, and much more.IN THIS EPISODE YOU’LL LEARN:
Why the price of gold has dropped...
2018-08-2646 minJesse Felder: Equity Markets are in a Topping ProcessErik Townsend and Patrick Ceresna welcome Jesse Felder to MacroVoices. Erik and Jesse discuss drivers behind the everything bubble, and will quantitative tightening be a trigger? Impacts of market leverage, the Buffet yard stick and what is in store for the FAANG stocks.
2018-08-0300 min
Superinvestors and the Art of Worldly Wisdom#22: Ben Hunt on the Unparalleled Power Of Narrative in the Financial MarketsW. Ben Hunt, Ph.D. looks at the financial markets through a truly unique lens. With an extensive background in political science, game theory and history, Ben came to the financial markets relatively late in life. But it's precisely this wandering path to the world of investing that gives him rare insight into what drives asset prices and how these forces change over time. In this conversation we discuss how investors as a group play the "common knowledge game" and how Ben views these trends through what he terms a "narrative machine." Ben also shares his views towards the current...
2018-06-211h 08
Superinvestors and the Art of Worldly Wisdom#21: Grant Williams on the Value Of Surrounding Yourself With Brilliant People and Just ListeningGrant Williams cut his teeth in the world of finance during one of the greatest speculative manias in history. As a prop trader at one of the largest firms in Tokyo, he had a front row seat to the epic Japanese twin bubbles in equities and real estate in the late-1980's which endowed him with a healthy skepticism towards herd behavior in the financial markets. Eventually, he would go on to a serve in similar roles in nearly all of the world's largest financial centers but not before he learned what he believes to be one of the most...
2018-06-071h 07
Superinvestors and the Art of Worldly Wisdom#20: Eric Cinnamond on ’The Rapidly Increasing Inflationary Environment’Eric Cinnamond has been called, “the godfather of small cap absolute return investing.” From 1998 to 2016 he ran an equity investment strategy that handily beat the 8% average annual return of the Russell 2000 Index. But what’s even more impressive is he did this while holding an average cash allocation of about 40% so his equity performance was roughly double that of the index. In this episode we discuss, in the words of Lincoln Electric CFO Vince Petrella, 'the rapidly increasing inflationary environment' and how it is currently affecting Corporate America, investors, the economy and monetary policy. For notes and links related to this con...
2018-05-2258 min
Superinvestors and the Art of Worldly Wisdom#19: Simon Mikhailovich on the Ultimate Insurance Policy: GoldSimon Mikhailovich emigrated from the Soviet Union at the age of 19 with his family and just $100 in a suitcase. After putting himself through college he began a career in finance. Eventually, he found himself at the leading edge of the development of the financial derivatives that would be at the center of the great financial crisis. Upon successfully navigating those rough investing waters, he turned his attention to effectively hedging risk in an era of mass financialization. Today he manages the Tocqueville Bullion Reserve, a limited partnership focusing on the efficient ownership of physical gold. In this conversation, we discuss...
2018-05-081h 08
We Study Billionaires - The Investor’s Podcast NetworkTIP188: Mastermind Discussion 2nd Q 2018 w/ Jesse Felder & Tobias Carlisle (Business Podcast)On today’s show, we have assembled our mastermind group for the 2nd quarter of 2018. Some of the major market themes we have seen since the start of the year is a substantial sell off in short and mid-term duration government bonds, with the 10 year treasury briefly hitting over 3%. Since global equity markets hit a high on 25 January 2018, they have struggled to sustain that level, at the end of April 2018, the market is still down -6% since those highs. Many are attributing the slow-down in equity growth to the inflationary impacts that are starting to be seen throughout the econom...
2018-04-291h 03
We Study Billionaires - The Investor’s Podcast NetworkTIP169: Jesse Felder - FANG Stocks, Crypto, Central Banks, Inflation (Investing Podcast)In today's episode we talk to former multi-billion dollar hedge fund manager, Jesse Felder. Jesse talks to us about his concern with FANG Stocks at the end of 2017. Additionally, Jesse talks to us about the potential change in central banking policy that might open the door for inflation to start taking hold in the economy. Finally, the discussion is concluded with Bitcoin and crypto currencies.IN THIS EPISODE, YOU’LL LEARN:
The risks of investing in FANG stocks.
If investors in Apple should be worried about the sale of iPhones.
Why you should loo...
2017-12-171h 01
Superinvestors and the Art of Worldly Wisdom#18: Roger McNamee on Being in the Right Place at the Right Time (and Making the Most of It)Roger McNamee is one of the most successful technology investors of all time. While running the T. Rowe Price Science & Technology Fund, and generating a 17% compound average growth rate in the process, Roger made the unheard of move of committing capital, as a mutual fund manager, to venture investments in Electronic Arts and Sybase. From there, he started the industry's first crossover fund with John Doer, investing in both late-stage venture capital and public market securities. In March of 2000, he co-founded private equity firm Silver Lake Partners in anticipation of the tech bust and, in 2004, founded Elevation Partners where he...
2017-12-121h 39
Superinvestors and the Art of Worldly Wisdom#17: Kiril Sokoloff on Identifying the Next Big ThingAmong professional investors, Kiril Sokoloff is well known for his ability to identify major trends early on in their development cycle. For this reason his views are some of the most sought out in the world of finance. Since 1983 he has been sharing his thoughts about markets and more at the firm he founded, 13D Research, via its weekly report, What I Learned This Week. In this episode, we discuss his research process, how he goes about identifying these major trends and his current views about markets and economies around the world. For notes and links related to this episode...
2017-11-281h 08
Superinvestors and the Art of Worldly Wisdom#16: Tobias Carlisle on Beating ’The Little Book That Beats The Market’Tobias Carlisle runs Carbon Beach Asset Management and is the author of several books including Deep Value, Concentrated Investing and his latest, The Acquirer's Multiple. In this episode we discuss both the similarities and the differences between the successful value investing methodologies employed by investing greats like Warren Buffett and Carl Icahn. Toby also shares his views on the "death of value," focused investing and position sizing and updates his views on some recent stock picks. For notes and links related to this Episode visit TheFelderReport.com/podcast.
2017-10-311h 01
Superinvestors and the Art of Worldly Wisdom#15: Peter Atwater: Welcome To The ’Backlash Era’Peter Atwater was pioneer in securitization and has served in important leadership roles at some of the largest financial institutions on the planet. Today, he writes and speaks extensively about how changes in confidence affect our preferences, decisions and actions. In this episode we discuss how he discovered socionomics, what about it appealed to him and how it shapes his views on the markets and more. For links and notes related to this episode visit TheFelderReport.com/podcast.
2017-10-2454 min
Superinvestors and the Art of Worldly Wisdom#14: Erik Townsend on Living The Macro DreamErik Townsend is a retired software entrepreneur turned hedge fund manager and host of the Macro Voices podcast. In this conversation Erik shares some of his formative experiences like breaking into MIT as a teenager to eventually selling his software firm near the height of dotcom mania. He explains why it "sucked" being a young retiree on a yacht in the Caribbean and how he's much happier today working long hours at his trading desk running his hedge fund. He also discusses his current macro framework and some of major themes that inform his trading today. For links and notes...
2017-10-171h 02
Superinvestors and the Art of Worldly Wisdom#13: Mark Yusko Discusses His Bet With Warren BuffettTo regular listeners, Mark Yusko needs no introduction. It was just a few months ago he appeared on the podcast to discuss Gut Instinct (And Why His Says We're Headed For A Crash). This time Mark shares his thoughts on the wild popularity of passive investing, the outright disdain for hedge fund investing and his potential 10-year bet with Warren Buffett. For notes and links related to this episode visit TheFelderReport.com/Podcast.
2017-10-111h 04
Superinvestors and the Art of Worldly Wisdom#12: Danielle DiMartino Booth on Why The Fed Is Bad for AmericaDanielle DiMartino Booth started her career on Wall Street before shifting gears into journalism where she caught the eye of none other than the Oracle of Omaha, Warren Buffett. Eventually, she found herself working as an advisor to Richard Fisher at the Federal Reserve Bank of Dallas. Today, she shares her thoughts with institutional investors via "Money Strong," her weekly newsletter, and is the author of a new book, Fed Up: An Insider's Take On Why The Federal Reserve Is Bad For America. In this episode we discuss her experience inside the Federal Reserve, her qualms with its popular policies o...
2017-10-051h 04
Superinvestors and the Art of Worldly Wisdom#11: Dale Wettlaufer on Value Investing in the 21st CenturyDale Wettlaufer began his career as a fool, a Motley Fool that is, where he first learned to ply his trade as an analyst. A few years later, he found himself working in the same capacity for a legitimate mutual fund rock star. Today he runs a long/short strategy under his own shingle. In this conversation, Dale discusses what he learned during his time with Bill Miller at Legg Mason and how his value investing discipline has evolved into that which he employs at his new firm, Charlotte Lane Capital. For notes and links related to this episode visit...
2017-09-2658 min
Superinvestors and the Art of Worldly Wisdom#10: William White on the Undesired Side Effects of Experimental Monetary PolicyWilliam White started his career at the Bank of England before moving to the Bank for International Settlements where he served as chief economist. Today he is the chairman of the Economic and Development Review Committee at the OECD in Paris. Last fall Bill received the Adam Smith prize, the highest honor of the US National Association of Business Economists, where he gave a speech titled Ultra-Easy Money: Digging the Hole Deeper? In this conversation we discuss where his contrarian economic philosophy comes from, how it leads him to worry a bit more than most about the undesired side effects o...
2017-07-261h 10
Superinvestors and the Art of Worldly Wisdom#9: Mark Yusko on Gut Instinct (and Why His Says We’re Headed for a Crash)Mark Yusko cut his teeth co-managing the endowment portfolio at Notre Dame and then putting together a team to do the same for the University of North Carolina. From there he setup a fund of hedge funds for Julian Robertson to take advantage of the talent Julian had identified at Tiger Management. Today, he oversees $3 billion at his firm Morgan Creek Capital Management. Mark is one of the most avid and astute students of value investing as a discipline I've come across. In this conversation we discuss his evolution as an investor, how and why he learned to listen to...
2017-07-181h 03
Superinvestors and the Art of Worldly Wisdom#8: Raoul Pal on Putting Together the Global Macro PuzzleRaoul Pal readily admits he had the good fortune of being in the right place at the right time very early in his investment career. After getting his start during the depths of the recession brought on by the savings and loan crisis, Raoul eventually found himself covering the hedge fund industry for Goldman Sachs. Here he was essentially mentored by the likes of Louis Bacon, Julian Robertson and Paul Tudor Jones. In this conversation, Raoul discusses the lessons he learned during this time, the greatest trade he ever witnessed and how these helped form the global macro investing framework...
2017-07-121h 03
Superinvestors and the Art of Worldly Wisdom#7: Helene Meisler on Good, Old-Fashioned Technical AnalysisHelene Meisler started her career on Wall Street when a career on Wall Street, let alone being a woman on Wall Street, was a contrarian move. She eventually found her way to working for trading legend Justin Mamis and has been charting the markets by hand (yes, that means pencil and paper) ever since. In this episode, she shares the smartest lesson she's learned in her career, her favorite stock market indicators and discusses her "fat pitch" trade setup. You can follow Helene on Twitter @hmeisler and read her daily column "Top Stocks" at TheStreet.com. For notes, links and c...
2017-07-0557 min
Superinvestors and the Art of Worldly Wisdom#6: Todd Harrison on Taking the High Road to Wealth on Wall Street"Do what you love, with people you respect while serving the greater good." These are the words Todd Harrison lives by. In this episode we discuss how this motto has served him through his career in finance which spans three decades and how it led him to his most recent venture. Back in 2012, Todd said cannabis would emerge as "the single best investment over the next decade." He's now putting his money where his mouth is in starting the first cannabis wellness-focused hedge fund in existence. He discusses his framework for evaluating investment opportunities in the space along with some...
2017-06-2759 minJesse Felder: The Party is Ending for Stock BullsErik Townsend welcomes Jesse Felder to MacroVoices. Erik and Jesse discuss the technicals on the markets, DeMark indicators and the potential turning points in the exhausted trends.
They further discuss the VIX short positioning and debate if we are in a secular turn in share buybacks?
2017-06-2300 min
Superinvestors and the Art of Worldly Wisdom#5: Tom McClellan on Engineering Effective Stock Market ModelsIf you have spent any time around the markets, Tom McClellan is a name you are probably already familiar with. Tom's parents invented McClellan Oscillator and McClellan Summation Index, two of the most useful of technical indicators. But Tom is also a terrific technician in his own right, carrying the torch his parents first lit back in the 1960's. He has created some of the most creative and effective stock market models I have ever seen. In this conversation we discuss both the history of these models and how Tom integrates them into his own trading process today. Tom regularly...
2017-06-2037 min
Superinvestors and the Art of Worldly Wisdom#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White BurgundyOver the past 30 years, Bill Fleckenstein has managed money for Bill Gates, witnessed and profited from four epic financial bubbles and honed his palate for white Burgundy. As a dedicated short seller during the activist central bank era, Bill shares in this episode how he developed his process over time including the specific tactics he now employs to profit from declining prices. We also discuss the unique problems presented by experimental monetary policy to both the economy and financial markets. Finally, Bill reveals what he believes to be “one of the fattest pitches out there” for short sellers in the curr...
2017-06-131h 18
Superinvestors and the Art of Worldly Wisdom#3: Steven Bregman on ’The Greatest Bubble Ever’ (Passive ETF Investing)Jim Grant calls Steven Bregman, "one of Wall Street's most interesting thinkers." I called upon him to share his thoughts on the massive and growing trend to passive investing which he calls, "the greatest bubble ever." He discusses the differences between the current bubble in the financial markets and prior bubbles, the specific distortions created in the markets and the unique opportunities they present. Perhaps most importantly, Steven reveals the little-discussed structural shift in passive investing which dramatically devalues it as a strategy and how investors have been deceived by historical return figures that are not applicable to the products...
2017-06-061h 27
Superinvestors and the Art of Worldly Wisdom#2: Eric Cinnamond on the Value of Absolute Return InvestingEric Cinnamond has been called "the godfather of small cap absolute return investing." From 1998 to 2016 he ran an equity investment strategy that handily beat the 8% average annual return of the Russell 2000 Index. But what's even more impressive is he did this while holding an average cash allocation of about 40% so his equity performance was roughly double that of the index. In this episode we discuss his background and his evolution as an investor. We also delve into his current process which entails his close study of roughly 300 companies. He reveals how he looks at business valuation and how he evaluates...
2017-05-3148 min