{"id":14217,"date":"2011-07-24T22:00:30","date_gmt":"2011-07-25T02:00:30","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=14217"},"modified":"2016-09-20T18:39:16","modified_gmt":"2016-09-20T22:39:16","slug":"tdi-episode-222-chinas-ponzi-scheme-and-under-10-stocks-curzio-and-katsenelson","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/07\/24\/tdi-episode-222-chinas-ponzi-scheme-and-under-10-stocks-curzio-and-katsenelson\/","title":{"rendered":"TDI Episode 222: China&#8217;s Ponzi Scheme and Under $10 Stocks (Curzio and Katsenelson)"},"content":{"rendered":"<p>Guests: Frank Curzio and Vitaliy Katsenelson have some interesting thoughts on the state of economics in China an around the world. Frank covers the <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-257 alignright\" title=\"iTunes Subscribe\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/07\/subscribe_with_itunes-3.gif\" alt=\"\" width=\"155\" height=\"44\" \/><\/a>small-cap, low-priced stock universe and we get some good ideas from him on that subject. Vitaliy is really sour on China. He has a very strong belief that it is the mother of off bubbles\/black swans and it will end badly. We get into some debate as to when\/how\/if this will all transpire. Listen in&#8230;great episode!<!--more--><\/p>\n<p style=\"text-align: center;\"> \u00a0<a href=\"http:\/\/ad.doubleclick.net\/clk;243117703;65808005;z\">Hold your meetings online for just $49\/mo.<br \/>\nTry<strong> GoToMeeting FREE<\/strong> for 30 days.<\/a><\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #888888;\"><a href=\"#podcast\" target=\"_self\"><span style=\"color: #000000;\">LISTEN TO PODCAST NOW<\/span><\/a> | <span style=\"color: #000000;\">LISTEN<\/span> <span style=\"color: #000000;\">@<\/span> <a title=\"Zune Subscribe\" href=\"zune:\/\/subscribe\/?The%20Disciplined%20Investor=http:\/\/feeds.thedisciplinedinvestor.com\/tdicasts\" target=\"_blank\">ZUNE<\/a> &#8211;<span style=\"color: #000000;\"> @<\/span> <a title=\"iTunes Subscribe\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\">iTUNES<\/a><\/span><\/strong><\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p> \u00a0<strong>Vitaliy Katsenelson<\/strong> is the Chief Investment Officer at <a href=\"http:\/\/www.imausa.com\/\">Investment Management Associates, Inc<\/a> (IMA), a value investment firm based in Denver, <a href=\"..\/wp-content\/uploads\/2011\/07\/Katsenelson.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14231 alignright\" title=\"Katsenelson\" src=\"..\/wp-content\/uploads\/2011\/07\/Katsenelson.jpg\" alt=\"\" width=\"139\" height=\"105\" \/><\/a>Colorado. \u00a0 After he received his graduate and undergraduate degrees in finance (cum laude, but who cares) from the University of Colorado at Denver, and finished his CFA designation, he wanted to keep learning. \u00a0 At first , he figured the best way to learn is to teach. \u00a0 Initially he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on my day job.<\/p>\n<p>Vitaley has authored \u00a0 the <a href=\"http:\/\/activevalueinvesting.com\/\">Little Book of Sideways Markets<\/a> \u00a0(Wiley, 2010) and <a href=\"http:\/\/activevalueinvesting.com\/\">Active Value Investing<\/a> (Wiley, 2007).<br \/>\n<strong>Frank Curzio is an equity analyst for <a href=\"http:\/\/www.stansberryresearch.com\/pub\/pst\/index.asp\">Stansberry &amp; Associates<\/a>.<\/strong><\/p>\n<p>Check out Frank\u2018s Podcast on iTunes  <a href=\"http:\/\/itunes.apple.com\/us\/podcast\/s-a-investor-radio\/id341813080\"><strong>HERE<\/strong><\/a>.<a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/07\/frankcurzio.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" style=\"margin: 5px;\" title=\"frankcurzio\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/07\/frankcurzio.jpg\" alt=\"\" width=\"80\" height=\"100\" \/><\/a><\/p>\n<p>Frank has over 15 years of investing experience. He was recently the editor of TheStreet.com\u2018s Stocks Under $10 newsletter where he significantly outperforming the markets during his tenure. He was also a research analyst for Jim Cramer and host of The Real Wall Street podcast  one of the most widely listened-to financial podcasts on iTunes.<\/p>\n<p>Frank has been a guest on various media outlets including Fox Business News, CNBC\u2018s The Kudlow Report and CNBC\u2018s The Call. He has also been mentioned numerous times on Jim Cramer\u2018s Mad Money, is a featured guest on CNN Radio and has been quoted in financial magazines and websites.<\/p>\n<p>Before TheStreet.com, Frank was the editor of The FXC Newsletter and received one of the top rankings by Hulbert\u2018s Financial Digest for risk-adjusted performance. Also, Frank was portfolio manager for Greentree Financial.<\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick below for the virtual tour&#8230;.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/07\/TDIMG-6.jpg\" alt=\"\" width=\"212\" height=\"318\" \/><\/a><\/p>\n<p><a id=\"podcast\" name=\"podcast\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_3282\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('3282','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=14217-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode222.mp3\">Download<\/a> (Duration: 1:04:46 &#8212; 35.5MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Guests: Frank Curzio and Vitaliy Katsenelson have some interesting thoughts on the state of economics in China an around the world. Frank covers the small-cap, low-priced stock universe and we get some good ideas from him on that subject. Vitaliy is really sour on China. He has a very strong belief that it is the [&hellip;]<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_3283\"><a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('3283','http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=14217-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode222.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode222.mp3\">Download<\/a> (Duration: 1:04:46 &#8212; 35.5MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,186,12,9,296,42],"tags":[481,483,482,297],"class_list":["post-14217","post","type-post","status-publish","format-standard","hentry","category-economy","category-marketmash","category-markets","category-podcasts","category-shownotes","category-stocks","tag-economy","tag-markets","tag-podcasts","tag-show-notes","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/14217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=14217"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/14217\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=14217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=14217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=14217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}