Sermons From the Free Market

This week Peter speaks with Will Thorndike, private equity investor and author of the #1 book on Warren Buffett’s Recommended Reading List for 2012, “The Outsiders”. Will discusses his methodology used in writing the book and for evaluating CEOs and their companies. They discuss a number of CEOs and companies, and Will shares his top CEO of the last 50 years. Will compares the role of the CEO in the private equity space to the role in public companies, and they conclude with a discussion on capital allocation in Asia and in the US.

The second part of a two-part discussion with Richard Maybury, publisher of the “Early Warning Report” newsletter and author of the renowned “Uncle Eric” book series. Peter and Richard discuss various aspects of history that have an impact on the way we live today. They go all the way back to the Roman Empire, and progress through the age of Thomas Jefferson and the American Revolution, the Gold Rush, World War II, and the formation of what Richard refers to as “Chaostan”.

Richard Maybury, publisher of the “Early Warning Report” newsletter and author of the renowned “Uncle Eric” book series, joins Peter for part one of a two-part discussion. They begin with an overview on models and paradigms, and how these concepts are apparent in everyday success in life. The discussion progresses with a commentary on the modern workforce, followed by Richard’s thoughts on two prominent models within society; natural law and free markets. Peter and Richard discuss private property around the world, the purpose of education, inflation and central banks, and the concepts of freedom and liberty.

Part two of Peter’s discussion with Kim Isykan, editor of The Global Contrarian newsletter, starts with a focus on Asian markets. Peter and Kim talk about Myanmar’s cloudy future, Thailand’s emerging power, and the questions surrounding Mongolia’s sudden stock market pitfalls. The episode concludes with Kim sharing his thoughts on the great enigma that is Venezuela.

Part one includes an in-depth discussion on Iran’s capital market, and how various political factors have been changing the market prospects. The discussion then shifts to Russia, where Kim Iskyan shares some of his personal experiences in the country and the outlook for companies such as Gazprom.

Peter and Mr. Dorsch discuss the impact of oligarchs and bureaucrats and their place within the global economy. They discuss the global wealth gap and access to capital markets across income levels. Mr. Dorsch talks about his views on global currencies and the effects of interest rates and the Federal Reserve. They tie in aspects of part two with their previous discussion on oil and commodities in part one.

Peter sits down with Gary Dorsch, editor of the Global Money Trends newsletter, for part one of a two-part discussion on global markets. Part one focuses largely on the current state of affairs with oil prices, and the effects that are visible in the marketplace. Mr. Dorsch also sheds light on other aspects of commodities trading, and how he believes this can speak about an economy as a whole.

This week Peter chats with Frank Curzio, prominent market voice and renowned small-cap expert. The discussion takes an interesting turn when the topic of industrial internet is brought up. Mr. Curzio also shares some of his top stock picks, and sheds light on some of his most interesting industry experiences including his work with Jim Cramer and Porter Stansberry, and the benefits of having such a strong network.