This week on Stansberry Investor Hour, Dan brings back Cullen Roche, one of his “favorite people to talk to,” for a third interview.
Cullen has a knack for understanding complicated market topics… and then breaking them down into straightforward, digestible explanations. Proof of his prowess lies in his prolific writing career. He has written for scholars and the everyday investor alike – from a top 10, all-time most-downloaded research paper to a highly rated book and weekly posts on his popular blog, Pragmatic Capitalism. All of this is anchored by his years of experience running his own investment partnership before founding Orcam Financial Group.
Dan and Cullen’s last talk took place during the first innings of the COVID-19 pandemic, not long after the government passed a $3 trillion stimulus package. Now they’re chatting again – this time, to address the trillions of dollars more that has been pumped into the economy since… and to explain why we’re seeing historic inflation rates today. As he tells Dan…
We ran multitrillion-dollar programs for consecutive years in the last two years. So these programs were gigantic – they were so much bigger than anything we did in comparison to 2008. And the resulting impact has been a lot more inflation.
As the Fed readies to “tap the brakes” on its quantitative-easing programs, an unimaginably wide range of potential outcomes exists for the markets. However, one thing is certain: Years of volatility loom ahead. So for investors looking to build their own “all-weather” portfolios, Cullen shares some portfolio-designing tips – many of which are near and dear to Dan’s heart.
For a fresh perspective on the inflationary crisis and wisdom on the best way to survive it, sit back and enjoy Dan’s conversation with this returning Investor Hour favorite.
Founder of Orcam Financial Group
Cullen Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, personal advisory, institutional consulting and educational services. Prior to founding Orcam, Mr. Roche ran a private investment partnership in which he generated substantial alpha (high risk adjusted returns) with no negative 12 month periods during one of the most turbulent periods in stock market history. Before founding his own businesses, Mr. Roche helped oversee $500M+ in assets under management with Merrill Lynch Global Wealth Management.