WealthTrack's Podcast
WealthTrack believes that the key to successful long-term investing is diversification and intelligent asset allocation. Our goal is to help viewers build and protect their wealth and all of the investments they care about: financial, real estate, art, and collectibles.

It isn’t often that a very successful hedge fund manager with a winning strategy closes up shop, but that is exactly what this week’s Great Investor guest did in 1995. It’s equally unusual to get back in the business more than a decade later with a dramatically altered strategy. Joel Greenblatt of the Gotham Funds will explain his big change in portfolio strategy, from a very concentrated approach to broad diversification.

 

WEALTHTRACK #1121. November 14, 2014

Direct download: WEALTHTRACK_1121_Greenblatt_11-14-14.mp3
Category:business -- posted at: 12:30 AM

Tocqueville Fund's Robert Kleinschmidt prides himself on being an independent thinker. In his exclusive interview with WEALTHTRACK he does not disappoint. While the rest of Wall Street has been expecting the Federal Reserve to raise interest rates he says they won't, and while most investors run from troubled stocks he finds gems among them. His deep value approach has generally worked. Under his stewardship, the 4-star rated Tocqueville Fund has delivered market and category beating returns. 

 

WEALTHTRACK #1120. November 07, 2014

Direct download: WEALTHTRACK_1120_Kleinschmidt_11-07-14.mp3
Category:business -- posted at: 12:30 AM

How would you rate the overall state of moral values in this country today? That’s the question the Gallup organization asks Americans every year. This year’s answers were not atypical. Only 2% of Americans surveyed rated our moral values as excellent – 42% said they were poor – and 74% felt that values were getting worse, not better. How does this translate to the business world? We’ll discuss the state of corporate morality. Financial historian Richard Sylla and award-winning financial editor Paul Steiger discuss how companies have become fixated on short-term stock prices to the exclusion of broader, long-term goals.

 

WEALTHTRACK #1119. October 31, 2014

Direct download: WEALTHTRACK_1119_SYLLA-STEIGER_10-31-14.mp3
Category:business -- posted at: 11:30 PM

The U.S. stock market has been one of the strongest performers in the world since the financial crisis, but some question if its days of market leadership are numbered. This week’s guest is starting to look in battered down international markets. Gregg Fisher, a top rated financial advisor explains the diversification benefits of small company foreign stocks and international real estate.

WEALTHTRACK #1118, Broadcast October 24, 2014

Direct download: WEALTHTRACK_1118_Fisher_10-24-14.mp3
Category:business -- posted at: 11:30 PM

For most investors, both amateur and professional, the primary goal of investing is to make money. However a handful of our guests have another top priority – capital preservation. IVA Worldwide Fund’s co-portfolio manager Charles de Lardemelle is one of them. He explains why he is now holding more cash and fewer stocks in his value seeking portfolios.

 

WEALTHTRACK #1117, October 17, 2014

Direct download: WEALTHTRACK_1117_deLardemelle_10-17-14.mp3
Category:business -- posted at: 11:30 PM

 

A rare interview with Cornerstone Macro’s Investment Strategist, Francois Trahan, who has once again been named the number one ranked strategist on Wall Street by Institutional Investor magazine, as he has been for eight of the last ten years. Trahan has been a stock market bull since the fall of 2011, Still Bullish when the recovery and the markets looked very dicey. Since then he has stuck to his guns and the market has proven him right. What’s his view now? Despite faltering growth in much of the world, rising geopolitical risks and the U.S. stock markets regularly flirting with record highs, he says the U.S. bull market still has several years to run. He’ll explain why. WEALTHTRACK #1116. Broadcast October 19, 2014

Direct download: WEALTHTRACK_1116_Trahan_10-10-14.mp3
Category:general -- posted at: 11:30 PM

 

How many times have you heard that China is on its way to surpassing the United States as the main driver of world economic growth? This week’ s guest says not so fast – growth dynamics are changing and the widely forecast new world order is returning to the old world order. Top rated economist, Nancy Lazar explains why the U.S. has resumed its role as the driver of global economic growth and China is lagging. WEALTHTRACK #1115. Broadcast on October 03, 2014

Direct download: WEALTHTRACK_1115_Lazar_10-02-14.mp3
Category:business -- posted at: 11:30 PM

A rare interview with Bruce Berkowitz of The Fairholme Fund. Launched at the height of the tech bubble in late 1999, The Fairholme Fund has been the top performer in Morningstar’s Large Value category since inception, delivering 13% annualized returns and beating its nearest competitor by a margin of 2.4% points a year. Berkowitz believes in “ignoring the crowd”. He’ll explain why nearly 80% of his portfolio is in four financial stocks shunned by most investors. WEALTHTRACK #1114. Broadcast September 26, 2014

Direct download: WEALTHTRACK_1114_Berkowitz_09-26-14.mp3
Category:business -- posted at: 11:30 PM

 

Worried about the stock and bond markets? Are alternative investments the solution? Alternatives, such as hedge funds now come in a liquid mutual fund form so they can be bought and sold daily on an exchange. They are regulated and transparent, so you know what they own – and the fees are considerably less than hedge funds. Most are available to average individual investors. These Liquid Alternative funds have taken off – their assets have increased ten fold since 2005. Lipper’s Robert Jenkins and Altegris Advisors’ Lara Magnusen discuss the risks and rewards of alternative investments. WEALTHTRACK #1113. Broadcast on September 19, 2014.

Direct download: WEALTHTRACK_1113_Jenkins-Magnusen_09-19-2014.mp3
Category:business -- posted at: 11:30 PM

With the stock market trading near record highs should investors adjust their portfolios? David Darst and Jay Kaplan say yes! Darst is an independent investment consultant and Senior Advisor and member of the Global Investment Committee at Morgan Stanley. He is also the author of 11 books, including two on mastering the art of asset allocation. Kaplan is portfolio manager of several funds run by small cap pioneer, The Royce Funds, which is known for its value orientation and high quality company focus. We’ll get their personal perspectives on market valuations.

 

WEALTHTRACK #1112. Original Broadcast 09-12-14

Direct download: WEALTHTRACK__1112_Darst-Kaplan_09-12-14.mp3
Category:business -- posted at: 11:30 PM