Tiptoe Away From the Ground Zero of AI

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

🗓️ 20 October 2025

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week's Stansberry Investor Hour, Dan and Corey are joined by Eric Fry. Eric is the editor of multiple newsletters at our corporate affiliate InvestorPlace, including Fry's Investment Report and The Speculator.

Eric kicks off the show by discussing his time working alongside legendary financial publisher Jim Grant and his top-down approach to investing. His strategy involves finding industry leaders that have fallen on hard times but still have favorable underlying dynamics. Eric says that with this method, he has collected 100%-plus gains in the past few years in companies like Amazon and Corning. He also talks about investing in foreign stocks, the unbalanced risk in microcaps that many investors don't consider, and three industries he stays away from. (0:00)

Next, Eric shares his time horizon for investing, whether he recommends adding to existing winners, his past experience with bitcoin, and the advice he gives his subscribers on position sizing and risk management. He notes that investors will often overstate their risk tolerance and understate their investment goals, which can cause problems. This leads to a conversation about the advantages of long-dated options versus short-term options. (20:39)

Finally, Eric breaks the world of AI investment down into four groups: builders, enablers, appliers, and survivors. He says most of his current investment ideas are focused on the survivor category – and he names three such stocks he likes today. This includes a for-profit thrift-store chain, an English beverage company with rising U.S. sales, and an international food-delivery company that just became profitable. (40:03)

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm Dan Ferris. I'm the editor of Extreme Value
0:14.3	and The Ferris Report, both published by Stansberry Research. And I'm Corey McLaughlin, editor of the Stansberry Daily Digest.
0:22.6	Today we talk with Eric Fry, editor of Fry's Investment Report from our corporate affiliate
0:28.6	investor place.
0:31.6	Eric is an old old friend, but I haven't talked to him in years, and I cannot wait to do it again.
0:38.3	Literally, first time in more than 10 years.
0:41.3	So let's not delay one more second.
0:44.3	Let's talk with my old friend Eric Fry.
0:47.3	Let's do it right now.
0:50.3	Eric Fry, my friend, it's been a long time.
0:53.3	Welcome to the show. Thank you, Dan. Nice to be here.
0:57.5	I can't even remember how long it's been, honestly. I want to say 10 plus years since we've
1:05.9	spoken or run into each other at conference or anything. Yeah, something like that. I think I saw, I think I saw you in the outskirts of the Grants conference, something like that. I'm not sure. Possible, yeah. Although it's been a while for me at Grants too. So whatever the case, a pleasure to see you again, as always. So as you see, since, you know, we, I have been, been graced with a co-host,
1:32.8	Corey, so we're going to do our best to find out what you've been up to. Maybe that's what we
1:40.6	should start with. You know, what have you been up to these last many years? And what are
1:47.5	you up to today? Well, I'm producing a couple of newsletters. One's called Thry's Investment Report
1:56.7	and has a pretty healthy circulation. And then got an option service and a sort of a small cap focused service as well.
2:07.4	All right.
2:08.5	It's been just been putting out investment ideas, trying to make some money for subscribers.
2:13.5	And enjoy it.
2:16.8	All right.
2:17.2	Love it.
	...

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