TDI Podcast 94: The Outcome is Preordained

Guests – James Altucher and Bill Fleckenstein. First up on this episode is James Altucher, founder of We discuss some of the great investors of our time and how they are fairing in these difficult market conditions. We also explore and his outlook for the coming months. Then we have a chance to discuss the economic stimulus plan with Bill Fleckenstein who writes the Contrarian Chronicles for MSN Money.


James Altucher is president and founder of Stockpickr LLC, a wholly owned subsidiary of and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He also is a weekly columnist for the Financial Times and the author of the books Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Previously, Altucher was a managing partner at technology venture capital firm 212 Ventures and was CEO and founder of Vaultus and Reset Inc. He holds a bachelor’s degree from Cornell and was a doctoral candidate at Carnegie Mellon University. He is also a nationally ranked chess master.

Check out his latest book: The Forever PortfolioBill Fleckenstein

Bill Fleckenstein is the president of Fleckenstein Capital, which manages a hedge fund based in Seattle and author of Greenspan‘s Bubbles : The Age of Ignorance at the Federal Reserve.   He also writes a daily Market Rap column on his Fleckensteincapital website as well as the popular column Contrarian Chronicles for MSN Money.

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Stocks mentioned in this episode: Barrack Gold (ABX),   SPDR Gold ETF (GLD) , Apple (AAPL), iShares FTSE/Xinhua China 25 Index ( FXI), ProShares Leveraged Inverse Financial ETF (SKF),   Archer Daniels Midland (ADM)

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