Creating Wealth Real Estate Investing with Jason Hartman

Tom Essaye is the Editor of The Sevens (7:00) Report. He joins the show to discuss macroeconomic topics including China, Russia, and junk bonds. 

 

Essaye is a professional trader with more than 10 years experience trading foreign and domestic equities, commodities, currencies and bonds.  

 

He began his career as a trader on the floor of the New York Stock Exchange for Merrill Lynch’s Institutional Equity Trading division, where he regularly traded multi-million dollar orders from clients that were some of the largest mutual and hedge funds in the world.  

 

In early 2005, Tom Essaye recognized, through his own fundamental analysis and research, a unique investment opportunity developing in the natural resource sector and commodities markets. He left the floor of the NYSE to join an associate starting a fledgling global macro hedge fund focused on investing in commodities and natural resource equities. Mr. Essaye was responsible for all trading in the fund and for conducting fundamental research in the commodities and natural resource markets.  

 

The fund made investments in precious metals, agricultural commodities, energy, and natural resource related equities – placing initial long positions in gold below $500/oz, silver below $7.00/oz, corn below $2.00/bushel and buying shares in then little followed equities such as Silver Wheaton, Newmont Mining, Cameco and EOG Resources. The fund also invested in Canadian and Australian mining and energy companies, and at one point foreign equities comprised nearly half of the fund’s portfolio.  

 

In mid-2007, while managing the energy sector portion of the fund, Mr. Essaye was one of the first analysts to realize the potential of shale natural gas, and invested heavily in shale gas producers and energy service companies that specialized in shale drilling.  

 

While interacting with both institutional and retail investors during his time at the fund, Mr. Essaye first began to recognize the large discrepancy between the quality of information available to professional traders versus the that available to non-professional traders. The 7:00’s Report is the result of his desire to show the investing public how professional traders analyze and interpret the markets each day, and to demonstrate how, by trading a real money portfolio, that analysis translates to trade ideas and, ultimately, profitable investments.

 

Visit the Sevens Report at www.SevensReport.com.

 

Direct download: CW_406_Tom_Essaye_-_Junk_Bonds.mp3
Category:Podcast -- posted at: 5:03pm EST

Jason Hartman guides you through his process for how to read a property Pro Forma.

 

For more information see: http://www.JasonHartman.com

Direct download: CW_405_-_How_To_Read_A_Property_Pro_Forma.mp3
Category:Podcast -- posted at: 3:54pm EST

Jason Burack is an Investor, Entrepreneur, Financial Historian, Austrian School Economist, Investment Analyst and Contrarian. Jason co-founded the startup investor education and financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. 

 

Jason feels the knowledge he has acquired over the years will help make sure consulting clients are better prepared to navigate through these difficult financial waters. Jason is co-author of The Dragon Metals Report on Rare Earth Elements, The Treasure Hunting for Precious Metals Stocks Report and the Petro Profit Report. 

 

Jason’s articles, interviews, podcasts, video blogs, and other related content have been featured on the popular investing websites: Forbes, Money Show, Financial Sense, Contrary Investors Cafe, Bull Market Thinking, The Gold Report, The Critical Metals Report and The Daily Gold. Jason has taught beginners how to invest and also has consulted for high net worth investors and every type of investor in between. 

 

Jason has a double major in history and political science from Virginia Tech and has also tried law school and MBA programs before dropping out. For more information on Jason Burack, go to http://www.JasonBurack.com.

 

Visit Jason's investor and financial education website Wall Street for Main Street

 

Direct download: CW_404_-_Jason_Burack_on_Wall_Street_for_Main_Street.mp3
Category:Podcast -- posted at: 3:09pm EST

 

Mike "Mish" Shedlock is a renowned economic blogger. He joins the show to discuss how expensive real estate has gotten because of the Federal Reserve and government policy. 

 

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

 

Visit Sitka Pacific's Investment Management Page to learn more about wealth management and capital preservation strategies at www.sitkapacific.com.

 

Read Mish's blog at http://globaleconomicanalysis.blogspot.com.

 

 

Direct download: CW_403_-_Mish_Shedlock.mp3
Category:Podcast -- posted at: 3:39pm EST

Lew Rockwell is an American libertarian author and editor, self-professed anarcho-capitalist, a promoter of the Austrian School of economics, and founder and chairman of the Ludwig von Mises Institute.

 

His website LewRockwell.com was founded in 1999 and features articles and blog entries from a number of columnists and writers. His motto is "anti-war, anti-state, pro-market". 

 

Visit Lew's website at LewRockwell.com

 

The Ludwig von Mises Institute at Mises.org

Direct download: CW_402_Lew_Rockwell.mp3
Category:Podcast -- posted at: 4:31pm EST

Christopher Barnatt is the author of 3D Printing: The Next Industrial Revolution. He is a professional futurist and videographer and for 24 years has lectured in computing and future studies at Nottingham University Business School. 

 

Visit Christopher's website at ExplainingTheFuture.com

Direct download: CW_401_-_3D_Printing_with_Christopher_Barnatt.mp3
Category:Podcast -- posted at: 10:33pm EST

Dan Millman is the author of, "Way of the Peaceful Warrior: A Book That Changes Lives" and "The Creative Compass: Writing Your Way from Inspiration to Publication." He's also the former director of gymnastics at Stanford University and a former world champion athlete, martial arts instructor, and college professor.  

 

After an intensive, twenty-year spiritual quest, Dan's teaching found its form as the Peaceful Warrior's Way, expressed fully in his books and lectures. His work continues to evolve over time, to meet the needs of a changing world.  

 

Dan's thirteen books, including Way of the Peaceful Warrior, have inspired and informed millions of readers in 29 languages worldwide. The feature film, "Peaceful Warrior," starring Nick Nolte, was adapted from Dan's first book, based upon incidents from his life.  

 

Much of Dan's time is devoted to writing and speaking. His keynotes, seminars, and workshops span the generations to influence men and women from all walks of life, including leaders in the fields of health, psychology, education, business, politics, sports, entertainment, and the arts.  

 

Dan and his wife Joy live in northern California. They have three grown daughters and two grandsons so far.

 

Visit the Peaceful Warrior at www.peacefulwarrior.com.

 

Direct download: CW400_-_Way_of_the_Peaceful_Warrior_with_Dan_Millman.mp3
Category:Podcast -- posted at: 2:48pm EST

Bill Cheney is the Chief Economist at John Hancock Financial Services. He joins the podcast do discuss how job growth was affected by the weather this past winter and if investors are feeling positive or negative about the stock market and economy.

 

Cheney also talks about whether investors think it is a good time to:

- buy a home 

- purchase a big-ticket item

- start a business

 

Cheney wraps up the conversation by providing data on Americans being concerned about healthcare costs and the national debt.

 

Visit John Hancock Financial at www.johnhancock.com.

 

Bill Cheney directs economic research for John Hancock Financial Services, the U.S. division of Toronto-based Manulife Financial Corporation. Based in Boston, he forecasts macro-economic and financial trends and analyzes the potential impact on the company’s individual business lines and investments.  Cheney is a member of the National Association of Business Economists.

 

Direct download: CW_399_-_Discounted_Notes_Market_Trends_and_Econ_301.mp3
Category:Podcast -- posted at: 5:19pm EST

Zac Bissonnette is the author of, "GOOD ADVICE FROM BAD PEOPLE: Selected Wisdom from Murderers, Stock Swindlers, and Lance Armstrong." He previously wrote, "How to Be Richer, Smarter, and Better-Looking Than Your Parents", and "Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents."

 

Bissonnette discusses why car loans are for suckers and why lleasing a car is a poor choice. 

 

He then talks about the influence parents have on their kids' decisions relating to financial management and the correlation between spending and watching television. 

 

Bissonnette finishes the discussion by analyzing some of the worst advice given in the modern day: 

 

“When you know what you are talking about, others will follow you, because it’s safe to follow you.” —Lehman Brothers CEO Richard Fuld, 2006

 

“Winning is about heart…. It’s got to be in the right place.” – Lance Armstrong

 

“The day you take complete responsibility for yourself, the day you stop making any excuse, that’s the day you start to the top.” –O.J. Simpson, 1975

 

“I think the most important thing is restore a sense of idealism and end the cynicism.” –future Illinois Governor Rod Blagojevich, 2002

 

“The best chance for the average investor is to put money in an index fund.” – Bernie Madoff

 

Zac Bissonnette is a personal finance writer. His first book, Debt-Free U, landed him on The Today Show, Sean Hannity, The Dave Ramsey Show, The 700 Club, and the Fox News Channel. The Washington Post called Debt-Free U "the best and most troubling book ever about the college admissions process."

It has been featured by The BBC, The New York Times, The Huffington Post, Bloomberg, Christian Science Monitor, USA Today, The Suze Orman Show, The Boston Globe, ABC News, and many others.

His second book "How to Be Richer, Smarter, and Better-Looking Than Your Parents" was a New York Times Bestseller. He was also the editor of the Warman's Guide to Antiques & Collectibles and he is a contributing editor with Antique Trader.

He has written for various media outlets including GLAMOUR, The Wall Street Journal, The New York Times Online, The Boston Globe, and The Daily Beast. His is currently working on his next book, the story of the Beanie Babies bubble of the 1990s.

Find out more about Zac Bissonnette at www.zacbissonnette.net.

 

Direct download: CW_398_-_Good_Advice_From_Bad_People_with_Zac_Bissonnette.mp3
Category:Podcast -- posted at: 12:00pm EST

Rich Karlgaard is Publisher of Forbes magazine and columnist for Forbes' "Innovation Rules." He's the author of, "The Soft Edge: Where Great Companies Find Lasting Success."

 

Karlgaard has been publisher at Forbes since 1998. He discusses how the business model of Forbes Magazine has evolved since the disruption of the Internet and digital media. Karlgaard explains what Forbes is doing to compete with the online players in business information, such as Agora Publishing and the Motley Fool. 

 

Karlgaard then talks about the pluses and minuses of hiring passionate people and how hiring managers can identify passion. He describes how destructive cynicism can be to a corporate culture and how companies can better incorporate trust. 

 

Rich Karlgaard, angel investor, board director and Wall Street Journal best-selling author, is the longtime publisher of Forbes magazine.  

 

He also writes the Forbes column, “Innovation Rules,” which is known for its witty assessment of business and technology. Karlgaard has been a regular panelist on television’s Forbes on FOX show since its inception in 2001.  

 

Karlgaard is also a serial entrepreneur. He has launched two magazines (Upside and Forbes ASAP), the venture capital firm Garage Technology Ventures and Silicon Valley’s premier business and technology forum, 7500-member Churchill Club. He is a past winner of the Ernst & Young “Entrepreneur of the Year” award.  

 

Karlgaard was raised in Bismarck, North Dakota, and graduated from Stanford University. He lives with his family in Silicon Valley. 

 

Visit Forbes at www.forbes.com

 

Find out more about Rich Karlgaard at www.richkarlgaard.com.

Direct download: CW_397_-_The_Soft_Edge_and_Forbes_with_Rich_Karlgaard.mp3
Category:Podcast -- posted at: 4:30pm EST