4.4 • 677 Ratings
🗓️ 8 August 2022
⏱️ 63 minutes
🧾️ Download transcript
This week, we're honored to bring you the inspiring tale of Gautam Baid...
When Gautam first immigrated from India to the U.S. in 2015, he made ends meet by working a grueling graveyard shift as a hotel clerk. The nights were slow and long and monotonous. So Gautam passed the time by investing in himself. He voraciously read every finance and investment book he could get his hands on. As he tells Dan...
Even though it was a big challenge for me intellectually, physically, culturally, and emotionally, today, in hindsight, I highly value those days of my life because for the first time... I finally got some time for myself to read and learn...
This was the phase in my life during which I was about to realize the power of compounding knowledge.
Gautam used this knowledge to build an "intellectual foundation in investing." And in just a few years, he propelled himself from minimum-wage night shifts to a CFA charterholder, an internationally bestselling author, a feature in Morningstar Research's Learn From the Masters series, and the founder of his own investment firm, Stellar Wealth Partners India Fund.
In this week's episode of the Stansberry Investor Hour, Gautam and Dan discuss his unique definition of value investing, his No. 1 strategy that works across different market cycles and macroeconomic environments, the one time he received praise directly from the Oracle of Omaha himself, and the fundamental power of investing in yourself...
The body is limited in ways that the mind is not. By the time most people are 40 years old, their bodies begin to deteriorate. But there is no limit to the amount of growth and development that the mind can sustain. Reading keeps our minds alive and growing... Books are truly life-changing.
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0:00.0 | Hello and welcome to the Stansberry Investor Hour. |
0:09.0 | I'm your host, Dan Ferris. |
0:10.6 | I'm also the editor of Extreme Value published by Stansberry Research. |
0:15.8 | Today we'll talk with Investor and author Gautum Bade. |
0:20.4 | He's a very thoughtful, super smart, super well-informed, fundamental bottom-up investor. |
0:27.8 | In the mailbag today, a former guest and avid podcast listener points out how wrong I was about |
0:35.0 | Murray Rothbard. |
0:36.1 | And remember, you can call our listener feedback line |
0:39.4 | 800381-2357. Tell us what's on your mind and hear your voice on the show. |
0:45.6 | For my opening rant this week, stop talking about market bottoms. The top isn't even in yet. |
0:51.4 | That and more right now on the Stansberry Investor Hour. |
1:03.0 | So we keep seeing these silly articles about the market bottoming. |
1:18.1 | And I mean, there was another one just recently in, I guess it was Barrens. |
1:19.2 | No, Bloomberg. |
1:20.1 | Yeah, Bloomberg. |
1:30.3 | I got the article had a headline that said, top investment ideas for a market that might have hit bottom, right? |
1:35.9 | And if you type, you know, something like that, you'll get a bunch of other articles in the past few weeks. |
1:37.9 | And I think it's silly because, as I've said before, when the bottom finally does hit nobody will be talking about |
1:49.4 | bottoms anymore and the fact is I don't even think the top is fully in I think we are still |
1:57.5 | in the most massive mega bubble in history. |
2:04.1 | And, you know, if you want at least a little bit of evidence, just look at the meme |
2:08.6 | stocks, the original meme stocks. |
... |
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