Last week I recommended a video which featured Jim Paulsen.
The 33 charts, graphs and tables that Mr. Paulsen utilized to explain the relationships between the economy and the stock market were the best that I had ever come across. If you have not viewed the video yet I highly recommend that you do so:
“We Asked Jim Paulsen Why He Sees a Correction Coming — He Gave Us 33 Charts That Make the Case“
This week I discovered another video, which is ideal for viewing on a hot summer Sunday. The video is on par with the Paulsen video. It features another Jim (Chanos), who is widely considered to be the foremost short seller.
I began to follow Mr. Chanos closely after he became a subscriber to StockDiagnostics.com, which I founded in 2002. Ironically, Mr. Chanos predicted the collapse of Enron.
My 2002 post mortem of Enron’s December 2001 collapse which Chanos predicted, resulted in StockDiagnostics.com being founded. My findings enabled me to predict the collapses for Lehman and the four other largest US brokers, including my alma mater Merrill, in September 2007. See Equities Magazine; “Have Wall Street’s Brokers been Pigging Out“, September 2007.
Mr. Chanos in his interview does not name any shorts. Instead he provides the rationale for why the math for AI, which has driven the market to an historic high, does not add up.
The video is a must view for anyone and everyone who is professional in the capital markets. If you have seven figures at risk you should also view the video.
Jim Chanos: The AI Bubble Is “Much Worse” Than Dot-Com
My evolution to become a visionary analyst is due to my being a consummate researcher of extreme events and a student of the market and economy since I entered the capital markets with Merrill Lynch in 1977. Throughout my five decades I have also acquired knowledge from following other analysts and investors who have multi-decade track records and experience.
Note: Summer Sunday view recommendations have been and will condintue to be ad hoc. Do not expect to receive a video every Sunday to view. For a video to be recomended it must be exceptional. A video must contain insights, information and views which are outliers. Insights, predictions and projections of the the pro being interviewed must be supported by a rationale or math and not be HYPE. Finally, the plan is to list the videos recommended for a or a Sunday view via a navigational bar on AlphaTack.com.
Michael Markowski, Director of Research for DynastyWealth.com and SaveChangeWorld.com. Developer of “Defensive Growth Strategy”. Entered markets with Merrill Lynch in 1977. Named “Top 50 Investor” by Fortune Magazine. Formerly, underwriter of venture stage IPOs, including one acquired by United Health Care for 1700% gain. Since 2002 has conducted empirical research to develop algorithms which predict the negative and positive extremes for the market and stocks. Has verifiable track records for predicting (1) bankruptcies of blue chips, (2) market crashes and (3) stocks multiplying by 10X. In a 2007 Equities Magazine article predicted the epic collapses for Lehman, Bear Stearns and Merrill Lynch. Most recent algorithm developed from research of UBER and AirBnB has enabled identification of startups having 100X upside potential within 7 to 10 years. Video (3 minutes, 53 seconds) covers Mr. Markowski's research to develop predictive algorithm methodology.