EXECUTIVE SUMMARY

TIP065-robert-shiller

 

Recorded prior to FED’s interest rate meeting Preston and Stig discusses the market implication of hiking the interest rate, ECB’s quantitative easing, and what is happening with the Chinese currency. In continuation of the discussion about the stock market Preston and Stig also provides you with a rundown of Robert Schiller’s book “Irrational Exuberance” that is outlining the problems with the growing dot-com bubble… – just month before it eventually burst! Preston and Stig discusses if we can draw parallels to today’s market. If you want to read our five page executive summary of this book, Irrational Exuberance, view this page instead. If you would like to download all of our book summaries, click here.

In this episode, you’ll learn:

  • Why the Chinese Renminbi has emerged as a global currency in the past few weeks
  • How ECB is trying to spark growth by lowering the deposit rate and extend quantitative easing
  • What Preston and Stig think will happen if the FED hike rates
  • What the relationship is between interest rates and asset prices
  • How Schiller was correct about an investor in 2000 not making any returns over the next 12 years, and how that might be the case today
  • Why former FED chairman Alan Greenspan added fuel to the fire of the dot-com bubble.
  • How company margins leaves important clues of the past and are interesting predictors of the future
  • Ask the Investors: What do you think about automated investing services?

Tweet your comments to this podcast episode directly to Preston, Stig and the rest of The Investor Podcast’s community using “#TIP65”.


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Robert Schiller’s book, Irrational Exuberance – Read reviews of this book

Michael Lewis’ book, Liar’s Poker – Read reviews of this book

Billionaire George Soros’s book, The Alchemy of Finance – Read reviews of this book

Preston and Stig’s Intrinsic Calculator

Hussman’s article about the Current Market Valuation

Cullen Roche’s blog post about automated investing services

The amplification of profit margins and it’s leading indication for market performance.

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VIDEOS THAT SUPPORT THIS PODCAST


Download any Audio Book on Amazon.com for Free

  download-free-bookA lot of people ask us how we have time to read so many books. The truth is… we don’t! We listen to audiobooks. The beauty of audio books is you can knock-out two things at the same time. For example, driving, standing in line for your glamour shots at the mall, or just doing the dishes. All joking aside, reading a book every two weeks is probably the most profound element to our success in business. That's why we have worked hard with Amazon.com to get an exciting deal lined up for all the Investor's Podcast listeners. If you click on our exclusive link to Amazon's Audibles, you can download any free audio book straight onto your smartphone! If you don't like the service within 30 days, keep the free book and cancel the service. Amazon's Audibles has the largest listing of audio books in the world with over 180,000 titles. I personally use Audibles because it has the cheapest prices, the best reliability, and the largest selection of titles (You pick the books through Amazon.com). Making a commitment to read a new book each month is hands-down the most important investment you can make. - Preston & Stig

Download Preston and Stig's Free Checklist

Download Preston & Stig's free stock investing checklist. Their checklist was developed after spending countless hours studying billionaires like, Warren Buffett, Carl Icahn, and Ray Dalio. With their checklist, you can find safe picks that protect and grow your principal. Additionally, Preston & Stig read a lot of books and write executive summaries for each book they finish. If you download their checklist, you will be added to their monthly e-mail list where they send their book summaries. There are never any advertisements...ever. Here's an example of one of their executive summaries, based on the book written by Billionaire Charlies Koch.