Press "Enter" to skip to content

The Contrarian Investor Podcast Posts

The ‘Stoic Investment’ Primer (Szn 6, Epsd 11)Podcast cover art feat Darius Foroux

The ‘Stoic Investment’ Primer (Szn 6, Epsd 11)

Published July 2, 2024

With Darius Foroux

Darius Foroux, author of the upcoming book ‘The Stoic Path to Wealth,’ joined the podcast to discuss his, well, stoic approach to investing.

This podcast episode was recorded on Tuesday, June 25, 2024 and was made available to premium subscribers the following day — without ads or announcements. For more information on premium subscriptions, visit our Substack.

Content Highlights

  • How interest in philosophy rekindled his interest in investing after the great financial crisis (1:32);
  • A brief introduction to stoicism, a 2,300 year-old philosophy that is distinct from cynicism (4:08);
  • How to apply this to investing (6:14);
  • Isn’t investing in indexes just the best way to go? (12:38);
  • The ’90/10′ portfolio allocation: 90% in the S&P 500, 10% in individual stocks (17:24);
  • The Dutch Stripe, trades in Amsterdam and on Pink Sheets (18:06);
  • Background on the guest (28:54);
  • The guest’s second individual stock holding. Listeners will have heard about this one (33:01);
  • How does a stoic combat FOMO (41:41).

More Information on the Guest

Quick Video Highlights From Our YouTube Channel

Leave a Comment
US Economy Too Strong for Fed, Where to Invest Now (Szn 6, Epsd 10)Podcast episode cover art feat guest Leo Schmidt, River Eddy Capital

US Economy Too Strong for Fed, Where to Invest Now (Szn 6, Epsd 10)

Published June 14, 2024

With Leo Schmidt, River Eddy Capital

Leo Schmidt, founder of family office River Eddy Capital, rejoins the podcast to discuss his views on economy, markets, and where to invest capital in what may be a ‘stagflation lite’ environment.

  • “Labor markets are way too hot.” There will be “no landing” (1:48);
  • Non-farm payrolls came out much stronger than anticipated. What this says about the labor market (4:59);
  • ‘Stagflation lite’ (8:31);
  • Our views of credit creation are outdated. The shadow banking system has replaced commercial banks as the primary source of credit. What this means (11:59);
  • The Federal Reserve probably needs to raise rates. Could they? Probably not — this year (22:21);
  • What does an investor do now? First up: Stocks that are AI/Nvidia (NVDA) plays. Celestica (CLS), Flex (FLEX), Sanmina (SANM), Jabil (JBL) (27:51);
  • Pharma spin-outs: Haleon (HLN), Kenvue (KVUE), Organon (OGN), Viatris (VTRS) (31:54);
  • Dollar stores, especially Dollar Tree (DLTR), are poised to outperform once there is an economic slowdown (39:07);
  • The bullish case for pipeline companies (46:59).

Quick Highlights From Our YouTube Channel

Leave a Comment
Stock Market Expectations Getting Ahead of Economic Realities (Szn 6, Epsd 9)Podcast episode cover image feat Bob Elliott

Stock Market Expectations Getting Ahead of Economic Realities (Szn 6, Epsd 9)

Published June 4, 2024

With Bob Elliott, Unlimited

Bob Elliott of Unlimited rejoins the podcast to discuss his view that stock markets are pricing in a lot of optimism that may not be based on economic realities…

Content Highlights

  • Stock markets are pricing in a lot of optimism. Just how unrealistic is that? (1:19);
  • What is there to indicate the economy could slow this year or even next? (4:34);
  • A recession may be years away rather than months under current conditions. But conditions, as we know, can change quickly… (8:58);
  • There is a precedence to interest rates going up dramatically without it causing an immediate and dramatic entrenchment in economic growth (11:52);
  • Tech stocks might be overvalued but comparisons to the dot-com bubble are unfair and inaccurate — and may preclude a spectacular bust (16:10);
  • Today’s economic expansion is income-driven. Not a result of credit expansion (18:13);
  • What kinds of indicators should investors study to spot a slowdown in this particular type of economic activity? (30:45);
  • Regional banks are for the most part fairly priced at present… (35:50).

More Information on the Guest

Quick Video Highlights from our YouTube Channel

Leave a Comment