About derek

derek has been a member since October 26th 2010, and has created 215 posts from scratch.

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AMA 181 – The Sale of a Lifetime with Harry Dent

Bubbles abound in the world of investing, and today is no different. Jason welcomes Harry Dent, author of The Sale of a Lifetime, about what’s going on today in the stock market, real estate market, political world, and worldwide economic statuses. Harry points out what nation in Europe that reminds him of Japan before their massive downturn, and gives Jason a rundown of what to look for BEFORE you see a bubble burst.

The two look at what you might actually want to be investing in when the bubble bursts.

Key Takeaways:

[4:42] The massive bubble that is Chinese real estate

[12:46] Why Harry studies 80-250 year cycles when the world is rapidly changing today

[15:31] Examining the Trump rally

[24:02] Why Jason hates the Case Shiller Index

[28:14] The phases of a housing crash

Website:

www.HarryDent.com

AMA 180 – Why Knowing Things Still Matters When Facts Are So Easy to Look Up with William Poundstone

For this 10th Episode, Jason goes off topic and welcomes William Poundstone, author of the new book, Head in the Cloud: Why Knowing Things Still Matters When Facts are So Easy to Look Up. Mr. Poundstone is also the author of the New York Times best-selling books, Fortune’s Formula: The Untold Story of Scientific Betting System that Beat the Casinos and Wall Street, Priceless: The Myth of Fair Value and How to Take Advantage of It and Gaming the Vote: Why Elections Aren’t Fair and What We Can Do About it.

Key Takeaways:

[1:12] William explains the premise of his latest book, Head in the Cloud.

[5:03] Having a general knowledge of baseline facts and the Dunning-Kruger effect have humbling assets.

[7:28] The larger a person’s vocabulary is akin to their ability to think.

[11:12] How does America stack up on the map of ignorance?

[13:43] Americans will vote for judges with less ethnic sounding names if they don’t know the candidates.

[19:51] The Kelly Formula informs a user of the optimal amount you should be putting on each bet or investment.

Website:

www.William-Poundstone.com

AMA 179 – Happier Investors in Today’s Market with Frances Donald

Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services, explains to Jason the changes in consumer, investor, and executive sentiment numbers in the home and job market. While we don’t know exactly why the economic is experiencing such a resurgence, Frances does attribute at least some of it to the potential policy changes Trump is looking to bring.

Frances and Jason also discuss pent up real estate demand, and how student loan debt is impacting that.

Key Takeaways:

[0:57] Investor sentiment gives a positive outlook for the US economy

[3:39] Is Trump the cause of the economic forecast?

[4:56] Rising interest rates present a challenge for the housing market

[7:57] Trump is inspiring confidence in companies all across the country

[9:38] Real estate investment is a small part of the total economy

[14:30] There are two true drivers of rental housing

[16:47] The housing and rental markets are not currently in their natural order

[20:26] The importance of demographics in relation to wage growth

Websites:

www.JohnHancock.com

@FrancesDonald

There are fewer multipliers to growth from a rental market than there are from a housing market.

AMA 178 – The Breaking Point: Profit from the Coming Money Cataclysm with James Davidson

Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions.

Key Takeaways:

[1:20] The Western Civilization has a new business model and social contract

[5:57] Some of Trump’s support came because middle class white voters are experiencing a decline in their life expectancy

[9:13] What does the US economy look like under a Trump presidency?

[10:27] James’ latest book, The Breaking Point, examines the relationship between drug companies and the food industry.

[14:19] Some business savvy for our politicians would help them out a lot

[18:00] Bernie Sanders and Karl Marx share some similarities

[20:02] Fake capital lets people borrow money practically for free

[27:26] We can’t keep passing the buck down generation after generation

[31:22] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century

[37:27] Chile has provided most of the copper used by the Chinese

[40:48] We are staring into the face of the biggest economic crisis in history

Website:

The Breaking Point: Profit from the Coming Money Cataclysm

www.SovereignSociety.com

AMA 177 – How Changing Technologies Will Impact Our Living (and Working) Markets with Matt Slepin

The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.

Key Takeaways:

[2:36] Where Matt thinks we are in the business cycle, and whether we’ve overbuilt apartments

[6:49] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days

[11:13] The rise of the autonomous vehicles and how they will change the real estate demand equation

[15:29] What does Urban Land Institute do and what issues are being discussed?

[19:22] What Matt has learned in his real estate podcast

[22:51] Two conflicting trends in property management

Website:

www.TerraSearchPartners.com