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Stansberry Investor Hour

Finding Diamonds in the 'Scrap Heap'

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4677 Ratings

🗓️ 18 July 2022

⏱️ 70 minutes

🧾️ Download transcript

Summary

This week, Dan welcomes a guest who he describes as "my style of investor"... Stansberry Venture Value editor Bryan Beach.

In his newsletter, Bryan hunts for gems in the beaten-down, hated microcap sector of the market. And no one does it better than Bryan... Thanks to years of creating and auditing financial reports for the "Big Four" and software companies, he has honed his talent for uncovering opportunities within the dense terrain of Securities and Exchange Commission ("SEC") filings.

Dan and Bryan delve into a conversation about special purpose acquisition companies ("SPACs") – a topic Bryan has been covering well before the 2021 bubble popped. And he has dug deep into the "SPAC scrap heap" to uncover a few diamonds in the rough, naming a few businesses on his radar, too.

Bryan also discusses another overvalued group of stocks that's a favorite of his – Software as a Service. Then, he scrutinizes the housing market, and Dan shares his "macro" point of view on the matter.

 Finally, Bryan urges listeners to keep an open mind when investing... and to not readily dismiss the speculative side of the market...

 "I encourage our readers to be thinking about all parts of their port. There's a time to go deep in microcaps and there's a time to avoid them altogether. And everyone's situation is a little bit different. That's what I think is important...

 Pull up and look down at your portfolio. Get out of the weeds and look down at your whole portfolio... There's some part of the market that you haven't thought about in a while that you probably should think about again."

Transcript

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0:00.0

Hello and welcome to the Stansberry Investor Hour.

0:09.0

I'm your host Dan Ferris.

0:10.0

I'm also the editor of Extreme Value published by Stansberry Research.

0:15.0

This week we'll talk with my brilliant Stansberry research colleague and friend Brian Beach.

0:22.1

In the mailbag today, lots of book talk in the mailbag.

0:27.0

It'll be fun.

0:28.4

And remember, you can call our listener feedback line 800381-2357.

0:33.8

Tell us what's on your mind and hear your voice on the show.

0:37.3

For my opening rant this week,

0:39.5

let's worry top down and invest bottom up. We'll talk about that and more right now on the

0:46.9

Stansberry Investor Hour. Last week, I attended an annual invitation-only small investment conference called Value X-Vail.

1:05.1

And we go up into the mountains in summer and have a little bit of fun and a lot of serious investment presentations.

1:12.6

And we interact socially and listen to each other talk.

1:17.5

And it's a really great exercise.

1:19.9

And I always come away from it kind of renewed and refreshed.

1:23.1

And this year was no exception.

1:25.9

And I was struck overall by the quality of the presentations, the quality of the work

1:31.0

behind all of these stock picks that I was getting.

1:34.7

And I came away wanting to buy five different stocks.

1:38.0

So, you know, that's a good thing, right?

1:40.0

If you got five ideas that you just can't wait to get after them.

1:44.8

But there was one overriding thing that sort of grabbed hold of me and it won't let go.

...

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