TDI Podcast: The Physics of Finance (#951)
The Disciplined Investor
Andrew Horowitz and guests - Frank Curzio, Ben Hunt, Barry Ritholtz, Leo Laporte, Keith McCullough, TDI
4.4 • 705 Ratings
🗓️ 14 December 2025
⏱️ 60 minutes
🧾️ Download transcript
Summary
The Fed cuts and keeps markets guessing.
Silver hits a record – up 100% this year.
Looking at frameworks and fake transparency.
And our guest – Ed Easterling, Founder and President of Crestmont Research
NEW! DOWNLOAD THIS EPISODE’S AI GENERATED SHOW NOTES (Guest Segment)
Ed Easterling is the founder and President of Crestmont Holdings, an Oregon-based investment management and research firm that publishes provocative research on the financial markets at www.CrestmontResearch.com. He has over thirty years of alternative investment experience, including financial markets, private equity, and business operations.
Mr. Easterling is the author of recently-released Probable Outcomes: Secular Stock Market Insights and Unexpected Returns: Understanding Secular Stock Market Cycles (Cypress House; 2005). In addition, he is contributing author to Just One Thing (John Wiley & Sons; 2005) and co-author of chapters in Bull‘s Eye Investing by John Mauldin. Mr. Easterling is a Senior Fellow and a Board Member at the Alternative Asset Management Center at SMU‘s Cox School of Business in Dallas, and previously served as a member of the adjunct faculty teaching the course on alternative investments and hedge funds for MBA students. Mr. Easterling holds a BBA in business, a BA in psychology, and an MBA from Southern Methodist University.
Check this out and find out more at: http://www.interactivebrokers.com/
Stocks mentioned in this episode: (SPY), (QQQ), (NVDA), (IBM)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode is brought to you by Interactive Brokers. So are you ready to take control of your |
| 0:05.0 | financial future? Meet portfolio analysts from Interactive Brokers, the free all-in-one dashboard that |
| 0:12.7 | lets you consolidate, track, and analyze all your financial accounts in one place. You don't need |
| 0:19.7 | an IBKR account to use it. |
| 0:21.5 | Just connect your accounts and see your complete financial picture. |
| 0:24.9 | Your investments, performance, and allocation in one single screen. |
| 0:29.4 | Plan smarter with IBKR's new tax and retirement planners built around your goals and market |
| 0:35.8 | assumptions. |
| 0:36.9 | Get deep portfolio insights with detailed risk assessments and compare performance against more than 300 benchmarks. |
| 0:44.4 | Plus, manage with confidence thanks to GIP's verified returns. |
| 0:48.5 | Ready to get started? |
| 0:49.9 | Sign up for portfolio analyst free for everyone at IBKR.com slash freePA. |
| 0:59.2 | Interactive brokers, the best informed investors, choose IBKR. |
| 1:03.7 | Remember, SIPC. |
| 1:07.5 | The disciplined investor is all about you, your money, and the markets. |
| 1:12.2 | Sit back and get ready for this edition of The Discipline Investor Podcast. |
| 1:17.7 | This episode of The Discipline Investor is sponsored by Horowitz & Company. |
| 1:22.4 | If you're looking for a portfolio manager, look no further. |
| 1:26.3 | Horowitz & Company from seed through harvest, |
| 1:29.5 | cultivating financial success. |
| 1:36.8 | The Fed cuts and keeps the markets guessing. Silver hits a record up more than 100% this year. |
| 1:43.8 | Looking at frameworks and fake transparency. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Andrew Horowitz and guests - Frank Curzio, Ben Hunt, Barry Ritholtz, Leo Laporte, Keith McCullough, TDI, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Andrew Horowitz and guests - Frank Curzio, Ben Hunt, Barry Ritholtz, Leo Laporte, Keith McCullough, TDI and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.