The Julia La Roche Show #173 Dave Collum On Why We’re Headed For A 40-Year Bear Market
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Jun 4, 2024 Dave Collum shares his grim macro view on financial markets and economics, predicting a potential long-term bear market and discussing the future of the American experiment. He also delves into his remarkable journey to financial success, wise investment decisions, and insights on detecting financial crises. Additionally, the podcast explores market cycles, global alliances, sensitive topics like the Khashoggi murder and election rigging, prepping for catastrophic events, handling controversy and cancel culture, and strategies for YouTube risks and writing.
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Early Influences
- Dave Collum's interest in markets started with childhood dinner conversations about the Great Depression.
- His father's insights about cash and market downturns shaped his investment philosophy.
Dot-com Success
- Dave Collum successfully navigated the dot-com bubble by moving into cash and shorting the market.
- He credits this success to a combination of luck and recognizing market instability.
Energy Investment
- After the dot-com burst, Collum invested heavily in energy equities.
- This led to his best decade, compounding 13% annually while others struggled in bear markets.