Video & Podcast Of The Week
Video & Podcast Of The Week
A Video With A Big Picture View Of Financial Markets & A Podcast On The Dirt Cheap Coal Sector
Forward Guidance w/ Vincent Daniel
This video is a big picture view of financial markets. If you are curious about the 30,000 foot view of financial markets instead of a podcast with a focus specifically on coal and energy, this one is for you. Vincent Daniel (and Porter Collins) run Seawolf Capital and they are occasional guests on podcasts that I follow. The podcasts they show up on are always entertaining, and you can count on learning a little bit about a wide variety of topics. In this video, they talk about the overvaluation of tech stocks, the health of the banking sector, the risks of shorting stocks, and just how cheap some of the commodity related businesses are.
Expect More Bank Failures & Bailouts, Says "Big Short" Investor Vincent Daniel
Value Hive w/ Thomas Bachrach
If you are interested in coal stocks and the industry, this podcast is for you. I will be writing an update on Peabody Energy BTU 0.00%↑ this week, but there is a lot of good information on energy and coal in general. He talked about Natural Resource Partners NRP 0.00%↑, which I plan to be looking at closer at some point in the next couple weeks. I was immediately interested after hearing what he had to say about the company on the podcast, but I need to do more digging before writing a full post on the company.
I have talked about inflation ad nauseam in several different posts, but I still think inflation is going to be higher over the next decade, despite a short term decrease in the inflation readings in recent months. In my opinion, it is structural, but it will go up and down depending on energy prices and what the economy is doing. Basically, I wouldn’t get too excited about inflation coming down in the near term when my view is that average inflation will be much higher over the next decade.
Inflation isn’t the value of real things (commodities, real estate, etc.) going down, it is a decrease in the purchasing power of the currency. One quote from the podcast displayed this perfectly.
“In 1922, 100 years ago, the average American home cost the same ~4,400 barrels of oil…today the average American home costs ~4,400 barrels of oil…”
- Thomas Bachrach