TIP 078 : Billionaire Moves in the Market & Negative Interest Rates (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 20 March 2016

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: The implication of negative interest rates for banks and bank customers. Why quantitative easing doesn’t work in the current environment. Why focus should be fiscal policy rather than monetary policy. Why central banks works as a clearing house with the intention to avoid bank runs. How a currency becomes worthy of reserve currency status. If the low interest rates implies a new normal for expected stock market returns. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Cullen Roche’s Book: Pragmatic Capitalism – Read reviews of this book. Cullen Roche’s Blog: Pragcap.com. Cullen Roche’s: Top Resource Page. Cullen Roche’s white paper: Understanding Modern Portfolio Construction. Ray Dalio’s White Paper: What Monetary Policy 3 (MP3) Will Look Like. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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0:00.0	We study billionaires and this is episode 78 of the Investors Podcast.
0:06.0	Broadcasting from Bel Air, Maryland. This is the Investors Podcast.
0:14.0	They'll read the books and summarize the lessons. They'll test the waters and tell you what it's called.
0:19.0	They'll give you actionable investing strategies.
0:23.0	Your host Preston Pish and St. Broderson.
0:28.0	Hey, how's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.
0:32.0	And as usual, I'm a company by my co-host St. Broderson, out in Denmark.
0:36.0	And today we've got a guest, a repeat guest that's coming on the show.
0:40.0	His name is Colin Roche. And for anybody who missed one of the previous episodes that we had Colin on the show,
0:45.0	it was a fantastic episode. And after you guys listen to some of Colin's comments today,
0:50.0	I'm sure you'll see why we brought him back on for a second episode.
0:54.0	Just so you know a little bit about Colin, he's the founder of Pragmatic Capitalism.
0:59.0	And if you want to go to his website, it's pragcap.com. He also wrote a book called Pragmatic Capitalism.
1:05.0	And here's what makes Colin great is he has a performance, a track record of performance that is quite different than most people.
1:15.0	So from 2005 to 2012, Colin managed a private partnership which generated a 17% annualized return from 2005 to 2012 with no negative years of performance.
1:29.0	So if you remember, that was whenever 2008, 2009 happened and he still had a positive return during those years.
1:36.0	So whenever we talk to a guy like Colin, he comes with, how could we say it, Stig?
1:42.0	You know, he has been tested through probably the most dynamic and difficult market conditions a person could ever experience and came out on skate.
1:52.0	So on his website, PragCap.com, Colin, how many articles have you written through the years?
1:58.0	Would you estimate or on your site?
2:01.0	Oh my god, like 10,000 embarrassing, an embarrassingly high number.
2:07.0	This is great because all of his articles are 100% free.
	...

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