Why the Next Bernie Madoff Will Be Impossible to Spot

Stansberry Investor Hour

Stansberry Research

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4.4 • 677 Ratings

🗓️ 21 February 2019

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Extreme Value Editor Dan Ferris discusses the tweet now “burned into his brain.” He’s joined by New York Times bestselling author Diane Henriques, whose book about Bernie Madoff “The Wizard of Lies” became a HBO movie starring Robert DeNiro. She explains why the next Bernie Madoff will be impossible to spot.

Transcript

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0:00.0	Broadcasting from Baltimore, Maryland, and all around the world, you're listening to the Stansberry Investor Hour.
0:11.0	Tune in each Thursday on iTunes for the latest episodes of the Stansberry Investor Hour.
0:16.0	Sign up for the free show archive at InvestorHour.com. Here is your host, Dan Ferris.
0:22.5	Hello and welcome everyone to another episode of the Stansberry Investor Hour.
0:27.7	I am your host, Dan Ferris.
0:29.8	I'm the editor of Extreme Value,
0:31.6	which is a value investing service published by Stansberry Research.
0:35.8	All right, we have a really good show lined up with a
0:38.4	great guest for you today, so let's get into it. Okay, today's rant is actually going to be a little
0:45.9	shorter than normal. However, I have a special two-for-one deal. You're going to get a second rant,
0:53.5	a short one also, later in the program
0:56.1	around the time when I do the mailbag. So the first rant I'm going to call
1:02.0	prioritizing people and philosophy. Yes, it sounds very highbrow, but it's not, I promise.
1:09.2	So a couple of weeks ago, on episode 88 of the podcast,
1:14.6	we interviewed Grant Williams from Real Vision TV and, you know, from just hanging around
1:20.8	the financial markets for decades and doing lots of cool stuff too. And we got a lot of great
1:27.1	feedback about that episode.
1:28.5	If you haven't listened to it, definitely tune in. Grant has interviewed people who like Anthony
1:35.2	Deiden who never, Deaton never did an interview before that. And I'd love to have him on the show,
1:41.8	but it wouldn't surprise me if he never did one after it. So during that discussion with Grant Williams, I'd love to have him on the show, but it wouldn't surprise me if he never did one after it.
1:45.5	So during that discussion with Grant Williams, I was reminded of a Twitter post whose author,
1:51.2	unfortunately, I've not been able to track down. So for now, I'm sorry, it's still anonymous,
	...

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