The Meb Faber Show: “BEST Market History Lessons You Need To Know (By Chuck Clough)”
The Meb Faber Show: “BEST Market History Lessons You Need To Know (By Chuck Clough)”
Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! https://pod.link/1128955736
Today’s guest is Chuck Clough, Chief Investment Officer of Clough Capital. Chuck is well known from his time as the Chief Global Investment Strategist at Merrill Lynch until 2000 and has spent over six decades in finance.
In today’s episode, Chuck shares insights from his illustrious career, reflecting on the challenges of the 1970s and the market crash of 1987. Chuck explains what it was like to be bearish during the dot-com bubble and watch Cisco go up 6x after he turned bearish, only to then decline by 95%. He compares the current stock market to the dot-com bubble, talks about the impact of AI on various sectors, and finishes with lessons from working alongside legends like Bob Farrell & Richard Bernstein.
To see links or read the transcript of the episode, visit us at: https://www.themebfabershow.com/episo…
(0:00) Starts
(0:34) Sponsor: Farmland LP
(1:40) Introduction of Chuck Clough
(5:14) 1970s inflation
(11:57) Comparing the 1999 dot-com bubble to today
(14:08) Predictions for AI companies
(24:13) Clough Capital and views on China
(28:09) Interest rates, inflation, and demographics
(33:09) Savings, investment, and the productivity impact of AI
(38:30) Investment opportunities in various industries
(47:11) Contrarian views
(50:50) Financial market surprises
(56:37) Chuck’s most memorable investment
—-
Sponsor: Farmland LP is one of the largest investment funds in the US focused on converting chemical-based conventional farmland to organic, sustainably-managed farmland using a value-add commercial real estate strategy in the agriculture sector. Register for their webinar on March 12: https://us02web.zoom.us/webinar/regis…
Have questions? Reach out to us any time at info@cambriainvestments.com.
—– Follow Meb:
Twitter: https://twitter.com/MebFaber
LinkedIn: https://www.linkedin.com/in/mebanefaber/
Website: http://mebfaber.com/
20250221
