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Stansberry Investor Hour

Stansberry Research

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4.4 • 677 Ratings

🗓️ 20 May 2024

⏱️ 88 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week's Stansberry Investor Hour, Dan and Corey welcome their colleague Bryan
Beach back to the show. Bryan is the editor of Stansberry Venture Value and a senior analyst
on Stansberry's Investment Advisory. Bryan kicks the show off by discussing the GameStop
meme-stock craze and the deep-value market dynamics that were at play during the whole
debacle. He argues that the "dumb money" folks (such as Keith Gill) got a bad rep and the
self-titled "smart money" folks weren't very smart. (3:13)

Next, Bryan talks about the bubbles in special purpose acquisition companies ("SPACs") and
Software as a Service ("SaaS"). He points out that the pendulum can quickly swing from
overloved to overhated. Bryan shares that, because of this, he's still finding winners in the
SPAC scrap heap and he believes SaaS valuations are far too low today. He also explains how
retail investors got clobbered by the smart money on SPACs and why cannabis stocks
present such a good opportunity now with the impending reclassification of marijuana.
(17:33)

Lastly, Bryan emphasizes the importance of stop losses and "guideposts" since they take the
emotion out of investing. This leads to a discussion of Amazon and its many drawdowns over
the course of its trading history that would have stopped investors out. After, Bryan brings
up small-cap restaurant-software company Par Technology and why he has so much hope for
its future performance. (28:02)

Dan and Corey close things out by talking more about the resurgence of meme stocks –
GameStop and AMC Entertainment, in particular – and what it means for the market as a
whole. Plus, they talk about this new era of inflation we're in, the worst-case scenario of
rebounding inflation, and the long-lasting consequences of low interest rates. (55:39)

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm Dan Ferris. I'm the editor of Extreme Value
0:09.0	and the Ferris Report, both published by Stansberry Research. And I'm Corey McLaughlin, editor of
0:14.2	the Stansberry Daily Digest. Today we talk with our colleague Brian Beach, editor of Stansberry
0:19.6	Venture Value. And today, Corey and I will talk
0:22.0	about mean stocks and inflation. And remember, if you want to tell us what's on your mind,
0:27.1	email us at Feedback at InvestorHour.com. That and more right now on the Stansberry Investor Hour.
0:42.5	I'm really looking forward to talking with Brian Beach.
0:44.0	I love that guy.
0:45.1	He's a friend.
0:45.8	He's a colleague.
0:47.8	We've known him for years and years.
0:49.4	He's been around Stansbury for a long time.
0:53.4	And, of course, near and dear to my heart, he's a value investor.
0:59.7	He runs the venture value product here at Stansbury and does a great job finding all kinds of situations.
1:07.4	I know when I call Brian Beach, he's going to tell me about some stock that I've never heard of before, right?
1:07.9	Yes.
1:09.8	That's the one thing you can count on with Bryant.
1:13.1	That is true. And he'll be entertaining um small caps micro caps um yeah he's been you know been around the the business for almost as long as
1:22.5	as anybody not not the originals but but uh you know pretty pretty long i, pretty long. I know he's, I'm always like
1:29.2	listening to him talk about his experiences in this industry and what he sees going on and,
1:35.2	um, in the markets, of course, as well. So yeah, look forward to, uh, getting this underway.
1:41.0	Yeah. All right. Well, let's not delay. Let's do that.
	...

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