Secrets of the Market Wizards with Jack Schwager

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

🗓️ 3 December 2020

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The numbers don't lie.

Today the stock market is more expensive than it has been at any point in history...

More expensive than the 1929 Crash or the Dot Com bubble...

Even worse, rampant speculation is as bad as it's ever been. New investors are entering the market like never before, buying call options like lottery tickets.

How do we make sense of this environment? Can you reap the big gains of a market like this while trading safely?

Dan brings Jack Schwager onto the show to help tackle some of these questions. Jack is perhaps best known for his best-selling series of interviews with the greatest traders and hedge fund managers of the last three decades: Market Wizards (1989), The New Market Wizards (1992), Stock Market Wizards (2001), Hedge Fund Market Wizards (2012), and The Little Book of Market Wizards (2014).

Jack has interviewed all of the greatest investing minds on the planet. During their discussion, Jack shares some of the most vital lessons he's learned from these titans, including what they all preach and where they differ in strategy.

Jack gives a ton of timeless advice that you won't want to miss.

Listen to his discussion with Dan and more on this week's episode.

For more from Stansberry Research, check out the American Consequences podcast here: https://americanconsequences.com/podcast/

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	Before we get into today's episode, don't forget, Trish Regan is now a part of the
0:39.3	Stansberry family.
0:40.3	Check out her podcast, American Consequences with Trish Regan.
0:44.3	The link will be in the description of this episode.
0:46.3	Today, we will talk with Jack Shwager.
0:49.3	I'm really looking forward to this.
0:51.3	That Jack Shwager, yes, that guy, the guy who wrote all those
0:54.3	wonderful Market Wizards books, he's here. In the mailbag, it was kind of a light week this week.
0:59.6	More comments and questions, but we do have one very good question from listener Thomas Y, and I'll
1:05.0	show you an easy way to track the data he's asking about. In my opening rant this week, I'll just
1:09.7	talk a little bit more about
1:10.8	the real McCoy stock market bubble we're living in right now. That and more right now on the
1:17.2	Stansberry Investor Hour. A real McCoy stock market bubble. That's what we're living through
1:26.3	right this minute, December 2020. And those words,
1:31.8	the Real McCoy Stock Market bubble, that's not just me. Okay. That's Jeremy Grantham recently on
	...

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.