Wall St. For Main St., Released on 2/15/24
During this 30+ minute interview, Ted talks about the similarities between the current US stock market bubble in Mag 7, Nvidia, artificial intelligence and passive investing and the 1999-2000 tech bubble. Many adults who previously had no interest in the stock market (chasing prices higher) are now day trading Nvidia, AI stocks and Mag 7 stocks along with stock options. Ted also shares his personal experience doing residential real estate and commercial real estate deals in Texas and running a regional bank. Ted talks a lot about commercial real estate, residential real estate and how many US regional banks are looking at a lot of defaults on non resource loans and could end up being stuck with many office buildings in the next few years.
Ted Oakley, the founder of Oxbow Advisors and co-founder of its predecessor firm, HPO Advisors, has over thirty-five years of experience in the investment industry. The “Oxbow Principles” and the firm’s proprietary investment strategies were developed as a result of the unique perspective Ted gained throughout his almost four-decade tenure advising high net worth investors.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.