Guest: Dr. Steve Sjuggerud. Steve is the editor of True Wealth, an investment advisory specializing in safe, alternative investments overlooked by Wall Street. It’s based on the simple idea that you don’t have to take big risks to make big returns. Steve did his Ph.D. dissertation on international currencies, has traveled to dozens of countries looking at investment ideas, and has run mutual funds, hedge funds, and investment research departments.
Date Recorded: 4/20/17
Run-Time: 1:17:56
Steve Sjuggerud
Episode Sponsor: Global Financial Data and TheIdeaFarm.com
To listen to Episode #49 on iTunes, click here
To listen to Episode #49 on Stitcher, click here
To listen to Episode #49 on Pocket Casts, click here
To listen to Episode #49 on Google Play, click here
To stream Episode #49, click here
Comments or suggestions? Email us [email protected] or call us to leave a voicemail at 323 834 9159
Summary: In Episode 49, we welcome Dr. Steve Sjuggerud. The conversation begins with Meb and Steve reminiscing about the origin of their friendship, which dates back some 10 years. This leads the guys into Steve’s background, and how he transitioned from being a broker into being the highly-popular investment newsletter writer he is today.
Meb asks Steve to describe his investing framework. Similar to Meb, Steve likes both value and trend. Specifically, he looks for 3 things: assets that are “cheap,” “hated,” and “in an uptrend.” This methodology applies to all sorts of asset classes.
………….
Links from the Episode:
10:18 – Value & Momentum Everywhere
15:35 – AAII Sentiment Survey
20:26 – Vic Sperandeo
24:00 – 24:26 – When things go on sale, people run out of the store and T-Bills outperforming stocks
35:00 – WeChat
43:00 – KraneShares
46:00 – A+H Shares
53:42 – St. Gaudens Gold Coin
58:54 – Larson Brothers Guitars
1:02:00 – Icon
1:10:40 – Longboard study on stock returns and J.P Morgan’s study on returns
1:11:50 – Dailywealth
Article by Med Faber, read the transcript here.
