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Superinvestors and the Art of Worldly Wisdom

Latest episodes

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Jul 5, 2017 • 57min

#7: Helene Meisler on Good, Old-Fashioned Technical Analysis

Helene 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 charts related to this episode visit TheFelderReport.com.
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Jun 27, 2017 • 59min

#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 of his favorite individual ideas. Follow Todd on twitter @todd_harrison and @CB1Cap for updates on the industry. For notes and links related to this episode visit TheFelderReport.com.
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Jun 20, 2017 • 37min

#5: Tom McClellan on Engineering Effective Stock Market Models

If 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 shares his wealth of knowledge and experience at mcoscillator.com. You can also follow him on twitter @McClellanOsc. For links and notes related to our discussion visit TheFelderReport.com/podcast.
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Jun 13, 2017 • 1h 19min

#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White Burgundy

Over 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 current market along with the unique risks the current environment presents to the average investor. Find Bill online at FleckensteinCapital.com and @FlecksThoughts on Twitter. For notes and links related to this episode visit TheFelderReport.com/podcast.
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Jun 6, 2017 • 1h 27min

#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 they own today. We also get into his personal history in the financial industry along with his evolution as an investor and more. For notes and links related to the episode visit TheFelderReport.com.
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May 31, 2017 • 49min

#2: Eric Cinnamond on the Value of Absolute Return Investing

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 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 risk in that context. We also get into the current market environment and talk about how his discipline requires that he take an extreme contrarian position today both with his investments and his career. For notes and links regarding this episode visit TheFelderReport.com.
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May 28, 2017 • 7min

#1: Welcome to the Financial Road Less Traveled

This episode is an introduction to Jesse Felder and his podcast, Superinvestors and the Art of Worldly Wisdom. Jesse 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. Since founding The Felder Report in 2005 his writing has been featured in many major finance publications like The Wall Street Journal, Barron's, The Huffington Post, MarketWatch, Yahoo!Finance, Business Insider, Investing.com, Seeking Alpha and more. Today he lives in Bend, Oregon with his wife and two kids. Superinvestors and the Art of Worldly Wisdom is a new journey for Jesse in an effort to better understand the commonalities among the greatest investors in the world and also what makes them unique. Visit TheFelderReport.com for more information including notes and links related to this episode.

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