Tony Greer of TG Macro joins the podcast to discuss his bullish view on industrial commodities, especially oil, AI, the upcoming presidential election, and more.
Content Highlights
Why energy commodities, precious and base metals are all set up to rally (1:31);
China’s stimulus package boosted industrial metals. The bounce should not be limited to the short term… (4:57);
There are a number of ways to express the ‘long commodities’ trade. ETFs may be the simplest… (8:59)
The bullish case for uranium (10:37);
Don’t fade the AI story (14:20);
The inevitable cryptocurrency discussion (17:04);
Background on the guest (22:30);
Listener question: What’s the inflection point for a move higher in industrial commodities? (26:10);
This podcast episode brought to you by Covey — Covey is designed to find, reward, and train the next top investment managers —from any background—that anyone can copy, so everyone can win.
Kyrill Asatur, co-founder and CEO of Centerfin, joins the podcast to discuss his view on asset allocation going into 2023: why he is bullish on hard assets like energy and bearish on fixed income — and why the inflationary environment is likely going to stick around.
Content Highlights
How Centerfin was set up coming into this year and what went into its contrarian decision to avoid fixed income (4:06);
Current views on the market after a tough year (5:25);
Centerfin’s take is to be long hard assets, including commodities and commodity-linked equities while continuing to avoid fixed income like bonds (7:44);
The environment is different now. There has been a regime change since 2017. Inflation can’t just be exported anymore (9:48);
There will likely be a recession. Once we emerge from it, leading industries will probably be different than they were in past recoveries (11:18);
Why Centerfin is bullish energy and how they are playing it (12:55);
Their chosen ETF to get exposure to clean energy (14:48);
There is no need to buy international (ex-US) energy stocks (16:36);
Short discussion on the concept of introducing different prices for different uses of energy (18:48);
Re-shoring from China with Apple (AAPL) moving all its production out of the country and how to potentially play that trend (20:46);
Background on the guest and what got him to start Centerfin (25:53);
Distressed investing remains out of reach for most investors but Centerfin is considering ways to change that… (30:52);
Shares of STAAR Surgical, Trupanion drop after reports as Wolfpack’s David battles Davey Day Trader over Remark Holdings
Six presenters, the most ever, provided stock picks at the third Contrarian Investor Virtual Conference on Aug. 11. Four of the presentations were short ideas and two long calls on individual stocks. Markets reacted immediately and in a few instances quite dramatically. The conference was picked up in various media. For more on that see our press page.
