Kodak Crashes 85% from Recent Peak

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

4.4 • 677 Ratings

🗓️ 13 August 2020

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Last week, Kodak's stock was as high as $60 after news of their big deal...

Now it's back under $10...

And for those who bought in on the run up towards the top, the damage is done. On this week's episode, Dan dives deep into this blatant example of crony capitalism that's unfortunately all too common today.

He also sits down to have a conversation with Vitaly Katsenelson. Vitaly's books Active Value Investing and The Little Book of Sideways Markets have been translated into eight languages and Forbes Magazine has called him "the new Benjamin Graham."

They have a fascinating conversation about what's happening with the Fed, Tesla, Bitcoin, and why Vitaly bought gold for the very first time.

Listen to all this and more on this week’s new 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.
0:20.1	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 a friend of mine,
0:36.6	investor author Vitaily Katzenelson.
0:39.3	I've known this guy for a decade and he's going to talk about something today that I never
0:44.2	ever thought he would do. This week in the mailbag, lots of great stuff, inflation and taxes,
0:50.5	Kodak, Tesla, and more. In my opening rant this week, I'll talk about Kodak and Kroni
0:56.6	capitalism one more time. There's a little bit more to say about this, and I'm going to say it today.
1:02.8	That and more right now on the Stansberry Investor Hour.
1:13.5	One more time, guys, Kodak.
1:17.1	We've been all over this for the past two weeks, right?
1:22.4	I told you they got a $765 million loan to get into the drug business.
1:26.0	Kodak, the film camera company, getting into the drug business.
1:29.7	Turns out in their 131 year history, they actually were in the drug business for six years from 1988 to 1994.
1:35.1	It was a failure.
1:36.2	They got out.
1:37.2	And it's notable that they got in in 1988, two years before the recession set in, right?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stansberry Research, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stansberry Research and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.