IN THIS EPISODE, YOU'LL LEARN: How Joel Greenblatt crushed the market by making big, bold bets on cheap stocks. How a freak investment disaster taught him never to forget that bad things happen. Why he believes that the greatest investors tend to have “a screw loose.” How he handles the emotional pain and stress of investing. Why he never bought Bitcoin—and has no regrets about it. How he made a killing by studying Warren Buffett’s purchase of Coca-Cola stock. Why he admires Buffett even more af...
Mar 29, 2022•2 hr 33 min•Ep 517•Transcript available on Metacast IN THIS EPISODE, YOU'LL LEARN: 02:58 - What peak performance looks like. 13:58 - Why sleep is the lead domino for health and performance. 50:58 - Why the brain likes routine. 53:38 - How inflammation can be good and bad and what to do about it and How to use heat and cold treatments to boost performance. And a whole lot more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in mean...
Mar 27, 2022•1 hr 6 min•Ep 516•Transcript available on Metacast Trey Lockerbie chats with Angel Investing legend, Jason Calacanis. Jason is an entrepreneur who sold his second business Weblogs to AOL for $30MM in 2005. Jason then founded multiple other companies and along the way, became an angel investor in companies like Uber, Robinhood, Calm and 300 others give or take. IN THIS EPISODE, YOU'LL LEARN: 01:38 - The advantages of being an outsider. 06:10 - The realities of running a startup. 09:28 -What makes up a star founder and the ingredients for success....
Mar 25, 2022•57 min•Ep 515•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:15 - Thoughts on the dollar remaining a global reserve currency. 06:40 - How much the fixed income market and inflation is going to influence the broader market conditions. 11:55 - Will negative interest rate spreads really matter that much? 20:18 - The impact of Ukraine and Russia on supply chains. 41:48 - Yield Curve Control and what it will take to get there. 45:10 - How much could Bitcoin dip if we have a substantial macro sell-off? 1:05:16 - Risk of not bei...
Mar 23, 2022•1 hr 18 min•Ep 514•Transcript available on Metacast IN THIS EPISODE, YOU'LL LEARN: 06:25 - Why you want the CEO to think more like a capital allocator than a traditional CEO. 09:23 - How the best capital allocators create arbitrage on their own stocks. 24:39 - Use to use debt intelligently when growing your company. 36:27 - How and why the most profitable companies do not compete on price. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community me...
Mar 22, 2022•48 min•Ep 513•Transcript available on Metacast Trey Lockerbie invites back the Co-Founder and Executive Chair of MorningBrew, Alex Lieberman. Alex discusses his foray into the creator economy, angel investing and building a personal moat. They also explore his journey with mental health and how it’s inspired him to launch a new podcast on the subject. IN THIS EPISODE, YOU'LL LEARN: 04:34 - The benefits of building an audience when it comes to investing and the shift from "product first" to "personality first" and what that means. 24:36 - How...
Mar 20, 2022•1 hr 5 min•Ep 512•Transcript available on Metacast Trey Lockerbie speaks with microcap expert Ian Cassel. Ian has been investing in microcaps for over 20 years & is a Co-Founder of the popular site MicroCapClub & the current CIO of Intelligent Fanatics Capital Management. IN THIS EPISODE, YOU'LL LEARN: 03:02 - Why do microcaps get a bad wrap? 05:39 - How a few of the greatest investors got their start in microcaps. 14:46 - How to identify microcaps that could grow up to be macro caps. 23:14 - The psychology around cheaply priced stocks, includin...
Mar 18, 2022•1 hr 2 min•Ep 511•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:06 - The importance of understanding what counterparty risk is. 15:38 - Why self-custody is so important right now. 31:20 - The main takeaways for a person in the market today. 31:20 - Retirement planning and how to think about Bitcoin in your IRA. 31:20 - Difference between self-directed IRAs and vehicles like GBTC. 51:03 - What is happening with policy decisions. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock inve...
Mar 16, 2022•1 hr 11 min•Ep 510•Transcript available on Metacast IN THIS EPISODE, YOU'LL LEARN: 04:31 - How Marks was shaped by his first experience of a stock market bubble and crash. 12:04 - How conversations with his son have led him to modify his investment principles. 18:20 - Why he came to believe that buying cheap assets is the key to successful investing. 26:01 - What is his view of the current investment environment? 36:37 - Why Marks regards emotion as the “greatest enemy” of superior investing. 48:40 - How to invest successfully in a period of high...
Mar 15, 2022•1 hr 11 min•Ep 509•Transcript available on Metacast Trey Lockerbie brings back one of our favorite guests, Bill Nygren. Bill is a partner and portfolio manager at OakMark where they manage over $64B. IN THIS EPISODE, YOU’LL LEARN: 01:39 - An update on Facebook, now Meta, since our last discussion in June 2021. 11:53 - Oakmarks process to finding and vetting stock ideas. 31:58 - How they think about diversification once they’re highly allocated in a certain sector. 35:02 - An overview of some of Oakmarks top positions, including their heavy weight...
Mar 13, 2022•1 hr 2 min•Ep 508•Transcript available on Metacast Trey Lockerbie chats with expert Josh Young from Bison Interests as they do a deep dive on Oil. Bison returned 350% in 2021 compared to the S&P 500’s 29% and they cover a lot of reasons why they may just be getting started. IN THIS EPISODE, YOU’LL LEARN: 01:17 - Why oil has been the most hated commodity as of late. 07:09 - Debunking myths about oil. 04:06 - Why supply levels could lag demand for the foreseeable future. 17:30 - The key drivers of Oils spike in price. 36:06 - Oil producers that Jo...
Mar 11, 2022•1 hr 10 min•Ep 507•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 00:59 - How Magdalena got involved in Bitcoin. 02:38 - What it was like being a supreme court-appointed bankruptcy inspector for an exchange failure. 10:29 - How events in Canada have impacted the way people view self-sovereignty. 12:57 - Her experience with the 1st Bitcoin Fund on the TSX (3IQ Bitcoin fund). 24:34 - The economic incentives that work best for policymakers in this space. 27:06 - How Magdalena is thinking through the policy decisions from a mining st...
Mar 09, 2022•51 min•Ep 506•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN 05:02 - How an accident led Tony Robbins to discover the miracle of regenerative medicine. 08:10 - How a wave of scientific breakthroughs can revitalize your body and even save your life. 15:07 - Why it’s critical to detect health threats early with the help of new diagnostic tests. 20:45 - What simple lifestyle changes can boost your energy levels and transform your health? 31:31 -How to handle extreme stress, overcome adversity, and take control of your mind. 41:3...
Mar 08, 2022•1 hr•Ep 505•Transcript available on Metacast Trey Lockerbie sits down with Harris Kupperman, or as most would call him, “Kuppy.” Kuppy is the CEO of Praetorian Capital Management, a hedge fund that focuses on major macro themes. They discuss how Kuppy uses to buy and hold, leverage, options, futures, and indexes all in a heavily concentrated portfolio. IN THIS EPISODE, YOU’LL LEARN: 01:33 - The recent events with Russia and how buying Russian assets might be the most contrarian trade in today’s markets. 05:05 - The forecast for oil, which ...
Mar 06, 2022•49 min•Ep 504•Transcript available on Metacast Trey Lockerbie chats with Jamie Catherwood. Jamie is a financial market historian, founder of the wildly popular site Investor Amnesia, and an associate at O’Shaughnessy Asset Management which manages $5.3 Billion. IN THIS EPISODE, YOU’LL LEARN: 07:20 - Historical examples of market bubbles and the Tulipmania, did it actually happen? 15:53 - Micro manias happening in the markets today and analogous examples from the past. 31:17 - Lessons from the 1800s that could have prepared us for the recent ...
Mar 04, 2022•1 hr•Ep 503•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 02:07 - Luke's overview of the Macro Landscape since the Russian invasion of Ukraine. 02:07 - Energy to the EU. 02:07 - China's involvement. 12:10 - Zelenskyy's unexpected response and defensive posturing. 20:33 - Crops and fertilizer impacts. 26:47 - Belarus' involvement in the war. 26:47 - Turkey blocking the entry into the Black Sea. 34:09 - Canada weaponizing their banks. 34:52 - Weaponizing Swift. 34:52 - The Ruble crashing. 44:57 - Russia Minister working on ...
Mar 02, 2022•1 hr 16 min•Ep 502•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 12:08 - Why you shouldn’t enter any relationship with the intention to change that person. 15:34 - Why what you fear the most always materialize if you let it cloud your mind. 39:31 - Why Oprah turned 40 before she learned how to say no, and why you should practice it now. 43:29 - Why you should embrace the truth of your past and let it set you free. 51:02 - Why you should show true gratitude without expecting anything back in return. And much more. *Disclaimer: Sl...
Mar 01, 2022•51 min•Ep 501•Transcript available on Metacast Stig Brodersen brings back one of our most popular guests, investment expert Lyn Alden. Together, they explore the role of gold and commodities investing in a period of inflation. IN THIS EPISODE, YOU’LL LEARN: 01:03 - Why do commodities perform well in inflationary periods? 08:55 - Why do different generations and nationalities look differently at gold? 11:26 - How to best invest in commodities. 15:21 - How can commodities markets be manipulated andHow much should your portfolio be exposed to c...
Feb 27, 2022•1 hr 14 min•Ep 500•Transcript available on Metacast Trey Lockerbie invites back Andrew Walker of Rangeley Capital to provide an update on the Discovery merger with WarnerMedia and to discuss his top 5 predictions for 2022. IN THIS EPISODE, YOU’LL LEARN: 01:27 - Predictions of the Discovery stock price post-merger. 02:34 - Why value stocks will outperform this year with a special focus on sporting goods retailers and cyclical commodity companies. 24:22 - The bullish case for cable companies. 31:10 - The fall of peloton and how the price to value l...
Feb 25, 2022•49 min•Ep 499•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:34 - Why Entropy Dice are important for creating ultra-secure private keys. 10:19 - When NVK came into the Bitcoin space and how he started his company. 21:53 - The Block Clock incident with Jack Dorsey. 26:21 - What is the Satscard? 31:07 - How can the Bitcoin network be hardened. 41:17 - How has Bitcoin impacted the current situation in Canada with the trucker protests? 58:15 - Will Smart contracts get more traction on top of Bitcoin in the future? 1:01:25 - W...
Feb 23, 2022•1 hr 10 min•Ep 498•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 03:27 - The 5 distinctive stages of decline. 09:35 - Why a successful management should feel lucky rather than successful. 26:39 - Which 3 key ratios can predict if a company will fall. 31:23 - How and why a company can pull itself out of a decline. Ask the investors: Can Bitcoin benefit from the increasing pressure on the US Dollar? *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP...
Feb 22, 2022•1 hr 1 min•Ep 497•Transcript available on Metacast Trey Lockerbie chats with one of our favorite macro-economists, Mr. Richard Duncan. Richard has just released his fourth book titled The Money Revolution, How to Finance the Next American Century. IN THIS EPISODE, YOU’LL LEARN: 01:24 - How the economy has progressed since they last spoke. 08:15 - The impacts of globalization and how it goes hand in hand with the US reserve currency. 10:52 - Wage inflation and supply chain disruption. 30:24 - How the Fed makes a profit. 51:49 - How the Treasury s...
Feb 20, 2022•1 hr 12 min•Ep 496•Transcript available on Metacast Trey Lockerbie invites back our favorite expert on commercial real estate, the CIO at Crowdstreet, Mr. Ian Formigle. IN THIS EPISODE, YOU’LL LEARN: 01:14 - How the commercial real estate market has performed since we last spoke in mid-2021. 03:44 - The top-performing markets of the last year. 04:30 - What were the main drivers? 07:01 - How labor and supply shortages have affected the market. 20:12 - The impact of inflation. 33:05 - The rise of niche asset classes. 1:08:37- An update on the mass ...
Feb 18, 2022•1 hr 15 min•Ep 495•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:45 - Sam's background and why he became on expert on these NGOs (BIS, IMF, WB). 02:27 - What the heck is the Bank of International Settlement (BIS)? 06:43 - What was the history of the BIS? 06:43 - Why does the BIS Still exist today? 10:52 - How is the BIS Funded? 24:26 - What the heck is the International Monetary Fund (IMF)? 29:53 - How is the IMF Funded? 31:29 - What the heck is the World Bank (WB)? 31:29 - What was the history of the WB? 31:29 - How is the W...
Feb 16, 2022•1 hr 9 min•Ep 494•Transcript available on Metacast IN THIS EPISODE, YOU'LL LEARN: 19:06 - How to make customer service your corporate vision and strategy. 21:08 - How to make your corporate culture your competitive advantage. 27:39 - Why your organization should write a culture book. 42:17 - How a CEO can fire his board of directors. 48:04 - The 4 factors to sustainable happiness. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in...
Feb 15, 2022•47 min•Ep 493•Transcript available on Metacast Stig Brodersen speaks to Maciej Wojtal about investing in Iran. Iran equities are trading at P/E ratios of 3-5, and a dividend yield of 20% of blue-chip stocks is not uncommon. IN THIS EPISODE, YOU’LL LEARN: 01:12 - Why you want to be invested in a stock market that is opening up. 16:32 - The bull and bear case of investing in Iran. One of the biggest frontier markets in the world. 25:17 - Why the Iranian stock market has performed better than the S&P500 and will continue to do so. 46:22 - Why I...
Feb 13, 2022•1 hr 3 min•Ep 492•Transcript available on Metacast Trey Lockerbie chats with a very special guest and that is investing legend Michael Mauboussin. Michael is the Head of Consilient Research at Counterpoint Global. He is also the author of three books as well as an adjunct professor at Columbia Business School, where he’s been teaching the Security Analysis course for 30 years. IN THIS EPISODE, YOU’LL LEARN: 01:52 - Michael's early career working under the tutelage of Bill Miller. 06:08 - His introduction to the Santa Fe Institute and how it shap...
Feb 11, 2022•1 hr 5 min•Ep 491•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:01 - Who influenced Jurrien and what was sage advice he received when he was first learning? 05:21 - What are some of the most important variables he looks at for cycle timing? 13:58 - How much can the FED realistically raise rates in the current cycle. 21:25 - How Jurrien thinks about earnings growth decline and P/E stagnation during a bull run. 28:45 - What Jurrien's long-term secular outlook is for equities and bonds. 30:55 - How does the FED respond to infla...
Feb 09, 2022•56 min•Ep 490•Transcript available on Metacast IN THIS EPISODE, YOU’LL LEARN: 01:38 - Who is Elon Musk and how will the billionaire change the world? 12:31 - How does thinking like Elon Musk make you think like a billionaire? 57:11 - Ask the Investors: Should I pick different stocks for my Roth IRA and 401(k)? *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the oth...
Feb 08, 2022•47 min•Ep 489•Transcript available on Metacast Trey Lockerbie chats with fan favorite, Cullen Roche. Cullen brings the best contrarian viewpoints and when dug into, you realize they are rooted in first principles thinking. IN THIS EPISODE, YOU'LL LEARN: 1:25 - Ramifications of the most recent FOMC meeting (which was happening while recording). 3:12 - Why Cullen thinks inflation has peaked and the risk of recession is low. 25:07 - Why bonds are still appealing in a low interest/high inflation world. 34:56 - The Greenspan Conundrum. 34:52 - Se...
Feb 06, 2022•1 hr 2 min•Ep 488•Transcript available on Metacast 
