Doug Casey’s Take, Released on 3/12/25

Today we’re joined by our old friend, Porter Stansberry, founder of Porter and Company, for an in-depth discussion on investing, market trends, and financial newsletters. Porter shares his journey influenced by Doug Casey and delves into the importance of quality investment research. The conversation includes noteworthy insights from financial theory, stock market cycles, bond markets, and the profound impacts of technology and social aspects on investments. Porter also introduces his investment favorites like Hershey and Hovnanian, highlighting strategies for finding resilient stocks. The discussion wraps up on personal notes about friendships and enduring grace in volatile times. This episode is packed with valuable advice for anyone interested in markets and investing.

00:00 Introduction and Guest Welcome
00:31 Porter’s Early Career and Mentorship by Doug Casey
01:11 Insights on the Investment Newsletter Industry
01:46 Financial Theory and Newsletters: A Discussion on Quality
10:19 Market Trends and Predictions
18:08 The Impact of Technology on Finance and Society
20:30 The Future of Robotics and AI
29:59 Philosophical Reflections and Major Mistakes in History
41:56 Online Poker Legalization in the US
42:24 Impact of AI on Employment
42:47 Universal Basic Income and Job Displacement
42:51 Historical Job Programs and Government Interventions
43:25 AI’s Effect on Various Job Sectors
44:05 Future of Human Creativity and AI Limitations
45:38 Economic Predictions and Historical Comparisons
48:29 Personal Anecdotes and Experiences
50:24 Technological Advancements and Societal Changes
01:02:25 Market Analysis and Investment Strategies
01:13:14 Closing Remarks and Gratitude

Porter Stansberry founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland, in 1999. His monthly newsletter,Stansberry’s Investment Advisory, deals with safe-value investments poised to give subscribers years of exceptional returns. Stansberry oversees a staff of investment analysts whose expertise ranges from value investing to insider trading to short selling. Together, Stansberry and his research team do exhaustive amounts of real-world independent research. They’ve visited more than 200 companies in order to find the best low-risk investments. Prior to launching Stansberry & Associates Research, Stansberry was the first American editor of the Fleet Street Letter, the oldest English-language financial newsletter.

Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources, metals, mining, energy, commodities, and technology. He has authored four books, including Crisis Investing, the top-selling investing book of all time, Totally Incorrect, and Right on the Money. He also publishes a video podcast called Doug Casey’s Take and publishes articles at International Man. 

  economy, investing, Porter Stansberry