Episode 10 - Peter Atwater and the Great Financial Crisis (2007-8)

Episode 10 - Peter Atwater and the Great Financial Crisis (2007-8)

Peter Atwater (@Peter_Atwater) will join Steve on the show today to break down the Great Financial Crisis of 2007-8. Peter is an author, professor, researcher, and consultant. His work focuses on the study of confidence and how it affects the decisions we make. He recently released the book The Confidence Map, where he deep dives into the subject with the framing of his Confidence Quadrants. Tune in to hear about "Overconfidence Bingo" and what happens to financial terms with cute names. 1:35 Peter’s Beginning in the GFC 5:15 Housing Bubble 8:05 Peter’s Confidence Quadrants 10:25 Comfort Zone and Overconfidence 12:40 Information Flows and What is News 17:10 Underconfidence and Sentiment Lows in the GFC 20:05 Similarities between Bubbles 24:15 Consistent Mindframes 29:20 Launch Pad and Economic Cycles The Confidence Map: https://www.amazon.com/Confidence-Map-Charting-Chaos-Clarity/dp/0593539559/ref=sr_1_1?crid=3FR7DV625R0MJ&keywords=the+confidence+map+peter+atwater&qid=1695917229&sprefix=confidence+map%2Caps%2C313&sr=8-1 More of Peter’s work: https://twitter.com/Peter_Atwater https://peteratwater.com

Episode 9 - Bob Farrell's Beginnings

Dave will be joined by our first external guest, the legendary market technician Bob Farrell, as they walk through his start in the industry and broad market perspective. Across five decades at Merrill Lynch, Bob helped pioneer their technical analysis department by combining deep quantitative work with market psychology and investor sentiment. His lasting legacy is highlighted by his 10 Rules for Investors, which are still used on the Street. Beyond this, Dave and Bob are great friends who have known each other for decades and love to get together to talk markets. Steel sharpens steel, as they say. Link to Bob Farrell's 10 Rules for Investors https://school.stockcharts.com/doku.php?id=overview:bob_farrell_10_rules 1:35 Introduction 2:20 Bob’s Background 4:15 Starting at Merrill Lynch 7:55 Learning Technical Analysis & Focusing on Institutional Clients 11:15 Building a Name 13:50 Taking Over and Hitting the Road 16:20 The Nifty Fifty & Making the Big Call 25:05 Decades of Friendship

Episode 8 - End Of Apartheid In South Africa (1997)

Steve discussed his experience covering South Africa Equity Markets in the 1990s following the end of Apartheid. 2:40 Apartheid 5:20 South African Economy and Background 10:00 Rugby 11:20 Local Companies 13:20 Broader EM Bull Market 16:20 Steve’s Takeaways

Episode 7 - Japan Opens Up & Dave's First International Investment(1981)

Dave talks about his first Japanese investment in 1981. Tune in to hear about Japan’s historic rise, comparisons to other long bull markets, and how things have changed (and not) over 40 years! 2:00 World Background 3:20 Japan Background 6:00 Japan’s Rise 7:15 MITI’s role and focus 11:45 Japan, Inc. 14:30 Context for the Japanese Market 18:00 DuPont Pension 19:30 Dave’s First International Investment 22:45 Growing Forever 25:20 Shocks from Visiting 27:30 Comparisons to China

Episode 6 - Mexico Takes Off (1991)

Dave takes Carl through his first trip and investments in Mexico. Highlights include meeting the Finance Minister of Mexico, the experience of investing early in international markets, and an era of hope. 3:30 Cultural Events 4:10 Socio-Economic Backdrop 7:30 Mexican Opportunity and International Hope 11:30 Mexican Equity Market 12:45 Meeting Pedro Aspe- Finance Minister of Mexico 17:30 Privatization of SOE (state-owned enterprises) 20:30 Process of Investing in Mexico