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Stansberry Investor Hour

Finding Sustainable Long-Term Trends in an Era of Insane Valuations

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

🗓️ 22 April 2021

⏱️ 62 minutes

🧾️ Download transcript

Summary

Dan opens this week's rant completely beside himself, as he shares the latest story of jaw-dropping excess in the market.

But this isn't the story of your typical cryptocurrency pump and dump...

Or a message board banding together to try to create the next "meme stock..."

It comes from a business you'd never expect in a million years... and Dan calls it the single most insane example of speculative froth he's EVER seen in the markets.

Then on this week's interview, Dan invites Ken McAtamney onto the show.

Ken is the head of the global equity team and a portfolio manager for William Blair's International Growth, Global Leaders, and International Leaders strategies.

Before joining William Blair in 2005, Ken was a vice president at Goldman Sachs, where he was responsible for institutional equity research coverage for both international and domestic equities.

Dan and Ken cover a wide range of major growth themes that will likely shape the future investment landscape. Ken presents a ton of unique ideas of how many current industries may evolve and the massive opportunities you should be looking for.

During their conversation, Ken shares nearly a dozen names of stocks with sustainable long-term growth in emerging industries that he loves.

And finally, the mailbag is filled with some great questions this week... One listener asks Dan if he thinks we could ever have a sovereign debt crisis like Jim Rickards describes?

Another listener asks Dan to elaborate on what he meant when he previously said "gold is a bauble..."

And a long-time listener asks who is the best author of investment books and why, taking fame and notoriety out of the equation and focusing only on substance?

Dan gives a thoughtful reply to this question and more on this week's episode.

Transcript

Click on a timestamp to play from that location

0:00.0

Broadcasting from the Investor Hour Studios and all around the world, you're listening to the Stansberry Investor Hour.

0:11.5

Tune in each Thursday on iTunes, Google Play, and everywhere you find podcasts for the latest episodes of the Stansberry Investor Hour.

0:20.0

Sign up for the free show archive at InvestorHour.com.

0:23.6

Here's your host, Dan Ferris.

0:25.6

Hello and welcome to the Stansberry Investor Hour.

0:28.6

I'm your host, Dan Ferris.

0:30.6

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

0:34.6

Today we'll talk with Ken McTamney from William Blair. We're going to get

0:40.5

into a lot of areas. Ken just, he's got a lot going on in that mind of his and he's going to give

0:46.8

us a lot of names and a lot of ideas. This week in the mailbag, thoughtful questions from

0:52.0

regular correspondence Al M and Ludwig H.

0:55.0

Listener Coach Z wants to know if it's ever okay to use leverage.

0:59.0

The answer is yes and I'll tell you exactly how.

1:01.0

In my opening rant this week, if only there were signs of speculative excess.

1:06.0

I'll show you the latest and perhaps most mind-boggling example of them all.

1:11.4

It makes the GameStop fiasco look perfectly reasonable.

1:15.4

That and more right now on the Stansbury Investor Hour.

1:20.9

So what in the world could make GameStop, this deteriorating, melting ice cube of a business that went from like, literally like

1:30.2

a hundred bagger and then crash 90%. What could make that situation look reasonable? Well,

1:37.3

the company is called Hometown International. What is hometown international, you ask?

1:45.5

Hometown International is a public company. The ticker symbol is H-W-I-N.

1:52.6

And it's got a market cap of lately around 100 million bucks.

...

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