Mon, 12 November 2018
Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone's trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current "winner take all" mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.
[2:48] Where is all the startup money going?
[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population
[8:47] We're living in a "winner take all" type society right now
[11:18] The 3 options for what needs to happen to these big public companies
[15:04] You don't always have to look for the next big thing, sometimes you just have to look at what's going on right around your home town
[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property
Fri, 2 November 2018
Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.
[1:40] What you see when you compare the 30 year mortgage rate to existing home sales
[6:02] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?
[7:37] What does the trade war mean for inflation?
Fri, 26 October 2018
Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment and more.
[1:34] What's Matthew's take on what's going on in the macroeconomy
[4:22] What's going on with new home development? Will there be any break in inventory shortgage?
[8:35] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens
[12:10] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad
[14:56] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further
[17:21] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory
[20:32] Factors that could trigger the next business cycle recession and what the next recession might look like
[24:50] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?
Fri, 19 October 2018
Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.
[1:27] How the thesis of the 3 player game came about
[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy
[9:17] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened
[11:21] Wherever there's a market for assets there will be bubbles
[17:05] Why the digital revolution made Bill extend his book
[24:05] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution
Fri, 12 October 2018
Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.
[1:17] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency
[4:33] How the 1 year hedge is made possible
[8:47] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?
[12:19] What people forget about automation
[16:22] How do the logistics and hard drives of robots work?
[19:33] The plethora of information is making kids more risk averse
[23:15] The two things we get wrong when it comes to education
Fri, 28 September 2018
Today's 10th episode features Jason Hartman talking with Mike Starks about the state of America's health and how most of it can be solved with our eating habits. The two discuss the dangers of sugar, the importance of sleep, and the most important aspects of a diet that don't involve exactly what you're eating.
[4:12] America is the most nutritionally educated culture in the world, yet we're the most obese due to getting it wrong 40 years ago
[6:34] When fat is taken out of food, sugar is added in its place
[10:15] If you eat right and get good sleep you're 90% of the way to health, even without exercise
[13:39] If eating right isn't easy and taste good, you're not going to stick with it
[18:02] What's the solution to America's health problem?
[22:33] What the subscription plan entails
[26:45] Keep it simple so it become consistent
Fri, 21 September 2018
Jason Hartman talks with Matthew J Martin, founder & CEO of Blossom Finance, about how Islam views cryptocurrencies and what Sharia law says about debt and investing. The two examine what exactly Islam says about various actions, and how that impacts all facets of life for around 20% of the world.
[2:24] How Matthew views micro financing
[6:23] Why is it important to know what Muslims think about debt and cryptocurrencies?
[8:56] What about the Muslim investors today? Are they following Sharia law or not?
[13:06] Sharia law allows credit sales, you just can't have a 3rd party solely giving money
[16:18] Islam is about risk participation
[21:06] What is the Islamic view of cryptocurrencies?
[25:03] The law of the land is supposed to trump Sharia law, but that doesn't seem to be the view of many Muslims who are immigrating
Fri, 14 September 2018
Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.
[1:58] How Uber made John realizing something about the Fed
[5:41] The importance of the Fed is vastly overstated
[10:43] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic
[13:40] Demographic arguments regarding Japan don't hold a lot of weight with John
[17:27] Money flows to its highest use, regardless of the Fed
[21:55] Automation is going to lead into a surge in new kinds of jobs
[26:37] The demand for entertainment and service is going to explode
[28:26] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love
[30:06] John's thoughts on Universal Basic Income
Fri, 7 September 2018
Jason Hartman talks with Samson Williams, co-founder at Axes and Eggs, about the state of cryptocurrencies, especially in regards to fundraising. Samson discusses the current thoughts of the SEC on utility tokens, and explains the steps you need to take to launch an ICO, how much customer acquisition is running these days, why you SHOULDN'T pay your advisors in cryptcurrency, and more.
[5:10] Is the SEC going to come after utility tokens?
[9:17] How long does it take to set up an ICO?
[14:58] What are the steps to launching an ICO?
[18:35] Develop a budget before going out and hiring
[22:54] The basic customer acquisition cost was $36/person, but it's bringing in less and less money in investments
[26:18] Are the days of big ICO fundraisers over?
[28:19] Why you should pay your advisers in cash
Fri, 31 August 2018
Jason Hartman talks with Adam Andrzejewski, founder & CEO of www.OpenTheBooks.com, about wasteful government spending and how President Trump is doing at stemming the tide. Open the Books' mission is to track "every dime, online", even going so far as to have an app where people can follow the money in as close to real time as possible.
Adam discusses how pervasive the pork barrel spending is, how large the trough has grown, and what areas are most ripe for trimming.
[1:16] Why is Open the Books different from other government spending watchdogs?
[4:56] How is the Trump administration doing when it comes to government spending?
[9:12] Absurd levels of grants ($600 billion) were given out in the final year of Obama
[11:49] Pork barrel spending knows no party affiliation
[15:49] It's our constitutional right as citizens to see all the expenditures of our government
[20:18] 2016s highest bonuses