Scouring the Earth for Great Ideas

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

🗓️ 5 July 2022

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Dan introduces a brand-new guest to Stansberry Investor Hour... But he's no stranger to Stansberry Research.

Dave Lashmet, colleague and editor of Stansberry Venture Technology, joins Dan for a fast-paced talk on innovation, technology, and, of course, investing. His Venture Technology service uses a "venture capitalist" investing approach and focuses on biotechnology firms. And according to Dan, Dave is "well known as a man who scours the Earth for great ideas," thanks to his boots-on-the-ground research and networking at countless conferences and meetings.

The two dive into Stansberry Research's history – including how founder Porter Stansberry actually hired Dave after meeting him in college... where Dave was Porter's professor. And Dave also regales Dan with tales of his former job as a self-described "mix between an engineer and a businessperson inside a tech company."

Dan also commends Dave for his recent recommendation to Venture Technology subscribers to sell their remaining stake in Nvidia (NVDA) for an eye-popping 1,400% return. And Dave gives an in-depth analysis of the biggest risks to the company, ranging from overseas geopolitical tensions to direct competitors like Intel (INTC).

He also offers insights on the dichotomy between venture capitalists and "angel investors" and reveals exactly what he looks for in a company. Finally, he shares what investors should watch out for when researching prospective portfolio candidates.

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the editor of Extreme Value published by Stansberry Research.
0:15.0	Today we'll talk with my friend, technology analyst, entrepreneur, inventor, Dave Lashmet.
0:23.8	In the mailbag today, questions about Russia and the European Union.
0:28.2	I'll do my best, but I'm not making any promises about great insights.
0:33.0	And remember, you can call our listener feedback line 800381-2357.
0:38.0	Tell us what's on your mind and hear your voice on the show.
0:41.1	For my opening rant this week, signs of a slowdown and what's next for stocks.
0:46.7	I have an idea, that and more right now on the Stansberry Investor Hour.
1:05.4	Signs of a slowdown. Well, the one thing that caught my eye was this Barron's article about Mark Zuckerberg and what he's telling the employees
1:15.1	of used to be called Facebook, now called meta platforms. He says the company is facing one of
1:22.6	the worst downturns that we've seen in recent history. That's a quote. And they've got, you know,
1:29.8	they've got almost close to 80,000 employees. He said, I think some of you might decide that
1:36.8	this place isn't for you. And that self-selection is okay with me. Realistically,
1:43.4	there are probably a bunch of people at the company
1:46.5	who shouldn't be here. Whoa. You know, I mean, okay, sure. It's funny because we've heard a,
1:58.5	you hear a lot of stories about, you know, startups firing people,
2:03.8	tech, large tech companies in general, laying people off.
2:08.9	But on the other hand, we had a report a month ago that, you know,
2:13.9	Ford is hiring 6,000 union workers and they're ramping up capacity. They're
2:19.2	investing $3.7 billion. And they're going to, you know, they were planning to build
2:26.7	extra capacity to make their electric truck, which has done extraordinarily well, better than they ever thought
2:35.0	it would. But they were planning to expand the plant before the plant was fully built.
	...

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