Stansberry Investor Hour

Trending and Forecasting with Jim Masturzo

Episode #180 | November 12, 2020

Trending and Forecasting with Jim Masturzo

Guest: Jim Masturzo

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In This Episode

On today’s rant, Dan gives an update on some of the biggest investing stories still flying under the radar – the rise of Bitcoin, and the growing herd of zombie companies in the United States. Dan shares some facts from the Bank of International Settlements that’ll make your skin crawl.

Then on this week’s interview, Dan sits down with Jim Masturzo, who leads Research Affiliates Asset Allocation Research & Trading Team. Jim oversees both the quantitative modeling used to manage the firm’s portfolios and the firms daily trading efforts.

Research Affiliates is an amazing website with free resources that can help any investor. During their conversation Jim discuss the firm’s philosophy on investing allocation and risk, as well as new products designed to help investors meet their financial goals.

And finally, on this week’s mailbag, things get a little heated. Dan shares a couple emails from listeners giving their two cents on election fraud. One even challenges Dan and says his financial advice is in “dreamland.” You won’t want to miss Dan’s response.

Listen to Dan’s full rebuttal and more on this week’s episode.

Featured Guests

Jim Masturzo

Parter, Head of Asset Allocation

Parter and Head of Asset Allocation at Research Affiliates

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Episode Extras

3:25 – “If election fraud plays out and the narrative doesn’t go away and it gets real substance to it, I think it’ll be bad for the stock market.”

5:57 – Bitcoin has started a bull run outperforming gold and even silver… “I think Bitcoin is outperforming here because it’s coming to be recognized as a legit store of value… I really like Bitcoin.”

8:31 – Dan shares some alarming research from Mike DiBiase, “A record 18% of U.S. companies are zombies today according to the Bank of International Settlements… A zombie company is basically a company that can’t service its debts.”

14:40 – This week, Dan invites Jim Masturzo onto the show for an interview. Jim leads Research Affiliates Asset Allocation Research & Trading Team, where he oversees both the quantitative modeling used to manage the firm’s portfolios and the firms daily trading efforts.

18:15 – Jim shares how his experience writing software in a consulting role led him to the finance world.

24:12 – In July 2018, while the market was roaring, Jim wrote about the likely possibility of a correction coming up. Dan gets the scoop on how Jim was able to make that call before the Q4 crash in 2018.

31:51 – How do you really establish the fair value of an asset? Jim explains what his strategy is when he is determining the fair value of a potential investment.

37:38 – Jim shares a new project his company is releasing soon “…we’re actually building out a set of model portfolios for different types of investors…”

45:12 – Dan questions Jim, “I’m just curious, does Research Affiliates, do any of your products contain any representation of cryptocurrency, Bitcoin or anything?”

47:48 – Jim warns listeners that although 2020 has been an incredibly difficult year, things might get harder before they get easier… but in the end they will get easier.

51:51 – On the mailbag this week, several listeners write in to give their two cents on election fraud… One listener even challenges Dan and says his financial advice is in “dreamland.” Meanwhile, another listener asks how would an individual investor develop a fully diversified commodity portfolio? And another asks Dan about the Bitcoin adoption curve. Listen to all these and more on this week’s episode.