4.4 • 677 Ratings
🗓️ 6 June 2019
⏱️ 75 minutes
🧾️ Download transcript
In this week’s episode, Extreme Value Editor Dan Ferris shares a warning for short-term traders, and discusses the only time to think about bigger bets in the stock market. We also chat about a big drop by internet giants as the government prepares a possible antitrust probe of Google and Facebook. Our special guest, Ken Lewis discusses how investors can safely trade gold and silver on the internet.
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0:00.0 | Broadcasting from Baltimore, Maryland, and all around the world, you're listening to the |
0:06.1 | Stansberry Investor Hour. |
0:11.6 | Tune in each Thursday on iTunes for the latest episodes of the Stansberry Investor Hour. |
0:16.6 | Sign up for the free show archive at Investor Hour.com. |
0:20.2 | Here is your host, Dan Ferris. |
0:22.9 | Hello and welcome to another episode of the Stansberry Investor Hour, |
0:27.0 | where our mission is to help our listeners become better investors. |
0:30.7 | How about that? |
0:31.7 | I'm your host, Dan Ferris. |
0:33.4 | I'm also the editor of Extreme Value, a Value Investing Service published by Stansberry Research. |
0:39.6 | All right. |
0:40.2 | It's time for the rant. |
0:41.8 | It's time for me to rant and roll. |
0:44.7 | Now, I know that many of you insist on doing short-term trading, even though I've kind of tried to warn you away from it. |
0:54.1 | And frankly, I think a great many of you have absolutely no idea how barely the odds are stacked against you, too. |
1:03.5 | That's the thing that, you know, it almost keeps me up at night about our readers and our listeners. |
1:09.6 | My whole career has been spent trying to help people |
1:12.5 | make money in the stock market and not lose it and not give it away in commissions and fees |
1:18.1 | and things. But now, you know, I've got a lot of time and, you know, more than two decades |
1:26.2 | of experience and age and wisdom and |
1:28.7 | stuff in this business behind me. And I'm just getting to this idea where I'm realizing |
1:35.0 | that the stock market is simply outside the circle of competence of most people and will |
... |
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