IN THIS EPISODE, YOU’LL LEARN:

• Why you can’t truly be a passive investor.
• Why the stock market is a better inflation hedge than gold.
• What are the differences and similarities between financial markets and the economy.
• If the US government running out of money.
• Ask The Investors: Should I invest in a leveraged ETF if I think the stock market will go up over the next few decades?

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

Preston Pysh 0:00

On today’s show we bring back a guest from five years ago, Mr. Cullen Roche from Pragmatic Capitalism. Cullen’s private investment partnership was able to navigate the 2008 crisis with a 15% positive return, when the rest of the market was down more than 50%. Before starting his own investment firm, Cullen managed a half a billion dollars for Merrill Lynch in the early 2000s. And on today’s show, we talk about contrarian ideas and Cullen’s top-down thinking for economic principles. So without further delay, here’s our discussion with Cullen Roche.

Intro 0:37

You’re listening to The Investor’s Podcast, where we study the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.

Stig Brodersen 0:57

Welcome to today’s show! I’m your host, Stig Brodersen, and as always, I’m here with my co-host, Preston Pysh. We’re here with Cullen Roche from Pragmatic Capitalism. Cullen, thank you so much for taking the time to speak with us here today.

Cullen Roche 1:11

Hey, guys! Thanks so much for having me.

HELP US OUT!

What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!

BOOKS AND RESOURCES

• Join Preston, Stig, and Sean at the Berkshire Hathaway Annual Shareholder’s Meeting.
• Preston’s book recommendation, You Can Be A Stock Market Genius by Joel Greenblatt.
• Preston and Stig’s interview with Cullen Roche about Pragmatic Capitalism.
• Cullen Roche’s website, Pragmatic Capitalism.

NEW TO THE SHOW?

• Check out our We Study Billionaires Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts. 

P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!

SPONSORS

• Download your free audio book at Audible.
• Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
• Solve your long list of must-reads once and for all with Blinkist.
• Experience a real estate investing platform that is powered by an investor-first model with Fundrise.
• Go for a comfort upgrade wherein you happiness is guaranteed with Bombas socks.
• Make your money work harder with Wealthsimple.
• Capital One. This is Banking Reimagined.

CONNECT WITH STIG

CONNECT WITH PRESTON

CONNECT WITH CULLEN

PROMOTIONS

Check out our latest offer for all The Investor’s Podcast Network listeners!