The Intrinsic Value Podcast - The Investor’s Podcast Network

MI269: How to Spot Turning Points in the Market w/ Milton Berg


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Rebecca Hotsko talks to Milton Berg about his shift from fundamental to technical analysis, his critiques of value investing, his use of market indicators to identify turning points,  and much, much more! 

Milton Berg, CFA, is the CEO and Chief Investment Strategist of MB Advisors, LLC. He has worked in the financial services industry since 1978 and began his career as a Commodities Analyst and Trader at Swiss-based Erlanger and Company. He has worked with well-known titans of the hedge fund world including Michael Steinhardt, George Soros, and Stanley Druckenmiller. 


IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro.

02:30 - Why Milton transitioned from being a fundamental investor, studying Benjamin Graham and David Dodd, to a technical analyst?

10:49 - What drives market prices in the short term and long term, and are they random?

16:25 - Milton’s criticisms about value investing and learning from studying Benjamin Graham. 

34:54 - How his investment strategy works, which is centered around identifying significant turning points in the market?

35:06 - What indicators he uses to assess whether the market is at a turning point.

45:25 - Whether Milton believes we are near a turning point today and the market has already seen its bottom. 

53:00 - Is it possible to time the market? 

01:00:33 - Advice on the most important factors that long term investors should focus on. 


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES

  • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
  • Check out:  MiltonBerg.com.
  • Related Episode: Listen to MI255: Navigating Bubble 3.0: Is This Time Different? w/ David Hay, or watch the video.

  • NEW TO THE SHOW?

    • Check out our Millennial Investing Starter Packs.
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    • SPONSORS

      Support our free podcast by supporting our sponsors:

      • CFI Education
      • Airbnb

      • Connect with Rebecca: Twitter | Instagram

        Email: [email protected]

        Connect with Milton: Twitter


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