Stansberry Investor Hour

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

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

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

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

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

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

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

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

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

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