The Master Investor Podcast with Wilfred Frost

Jim Mellon: Bearish US, big opportunities UK, China & Robotics

Billionaire investor Jim Mellon, and co-founder of The Master Investor Podcast chats with Wilf about why he is surprised the US market has been so resilient in the face of multiple challenges, and why he continues to see much greater opportunity elsewhere. They discuss the risks of the US debt crisis, why Jim is cautious on the Mag7 tech giants, and where real opportunities lie in China, UK, silver, lithium, robotics, and quantum computing. Jim also shares lessons from his early investments, his approach to diversification and risk, and the importance of reading and research.
 
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel
 
And follow @WilfredFrost on X and Linked In
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

BONUS: Tom Lee pt 2 - How Ethereum Could Overtake Bitcoin

Tom Lee remains a Bitcoin bull, confident it could one day hit $1M—but he’s even more bullish on Ethereum. In this episode, he explains why Bitcoin’s main appeal is as a store of value, while Ethereum is set to become the backbone of real-world applications. From tokenization outside the US to Wall Street building the infrastructure of the future on Ethereum, Tom breaks down why ETH could surpass Bitcoin’s total network value.
 
Follow Tom on X: @Fundstrat
And his colleague Mark on X: @MarkNewtonCMT
To subscribe to Tom’s research, visit: https://fsinsight.com/our-services/
And learn more about his ETF here: https://grannyshots.com/
And his Ethereum treasury company here: https://www.bitminetech.io/
Please note that Tom has personal positions in these companies, and the content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel
 
And follow @WilfredFrost on X and Linked In
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Tom Lee: A New 10 Year Bull Market Has Begun

Tom Lee, founder of Fundstrat Global Advisors, tells Wilf why he thinks the stock market is entering the start of a new 10-year bull run. Tom explains how demographics drive that conviction, while he thinks people are overly concerned about inflation, but that maintaining Federal Reserve independence is critical. He outlines why understanding the companies you invest in is more important than ever and shares his views on top picks like Palantir and JPMorgan Chase. Wilf and Tom also cover the warning signs he watches for when calling a market top, which aren’t flashing yet. Crypto fans, don’t miss tomorrow's bonus episode, where Tom joins Wilf again to dive into his bullish case for Ethereum and Bitcoin.
 
Follow Tom on X: @Fundstrat
And his colleague Mark on X: @MarkNewtonCMT
To subscribe to Tom’s research, visit: https://fsinsight.com/our-services/
And learn more about his ETF here: https://grannyshots.com/
And his Ethereum treasury company here: https://www.bitminetech.io/
Please note that Tom has personal positions in these companies, and the content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor Podcast YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Liz Ann Sonders: Retail Investors Are Winning - Don’t Miss the Rotation Beneath the S&P

Liz Ann Sonders is Chief Market Strategist at Charles Schwab, which manages $11 trillion in client assets. On this week's show she breaks down the current market complacency to Wilf, and explains why investors should pay attention to what small stocks and under-the-surface factors are signaling beneath the S&P 500 and away from mega cap stocks like Nvidia. She also discusses why valuations aren’t a reliable market timing tool, the latest inflation and labor market data - with recent revisions reminding her of 2007/08. She also discusses how her job has changed with shorter investor time horizons and how retail traders are gaining influence. Finally, she shares her top investment advice and insights for navigating today’s markets.
 
Read Schwab’s report on US inflation here:
https://www.schwab.com/learn/story/inflation-heat-is-on
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Larry McDonald: Inflation’s Not Dead, Commodities Are Just Starting, and Why Passive Investing Could Break the Market

Larry McDonald, author of The Bear Traps Report newsletter, former Lehman trader, and NYT bestselling author of A Colossal Failure of Common Sense is one of the best connected men in markets globally. Drawing on lessons from legends like Charlie Munger, David Tepper, and David Einhorn — all featured in his new book How To Listen When Markets Speak — Larry explains his view that the 'serpent of inflation is nowhere near dead', what that means for your portfolio construction, why passive investing could break the market and his fears for Meta’s share price. He also shares his top investing principles: avoid over-trading and wait patiently for moments of true capitulation.
 
To sign up to Larry's daily newsletter - The Bear Traps Report - please email info@thebeartrapsreport.com
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Thomas Peterffy: Trump Is Smart & Rational, How I Built a $100bn Business, and Why the Bubble Is Still to Come

This week, Wilf talks to Thomas Peterffy, the digital trading pioneer and founder of Interactive Brokers. With a personal fortune of over $75bn, Peterffy is one of the most successful entrepreneurs of all time. Arriving in the US from communist Hungary at 22 with no English, he embodies the American Dream. In this conversation, he defends capitalism and Donald Trump, reflects on building a $100bn business, and reveals his simple secret to success: using technology to deliver better, cheaper products for customers.
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Ray Dalio: The Risks Are NOT Priced In – Here's What Happens Next

This week, Wilf sits down with legendary investor and Bridgewater founder Ray Dalio to discuss the growing risks in global debt markets, the complacency he sees in bond pricing, and the warning signals beginning to flash. Dalio shares how he's positioning his own portfolio with gold and a small amount of Bitcoin, and why he believes the Magnificent 7 stocks are looking expensive. He also reflects on historical patterns of collapse, currency devaluation, and what it will take for the UK and US to navigate what's coming.
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Goldman Sachs CEO David Solomon on Leading Through The Noise; fragility of UK; Constructive US outlook

This week Wilf sits down for a rare, extended conversation with Goldman Sachs Chairman and CEO David Solomon in London, who shares his leadership advice while reflecting on the strategy that has seen his bank outperform his rivals in the last few years. He shares stark warnings about London's fragile position in the global financial system, the importance of getting policy right on both sides of the Atlantic, but ignoring the noise from the Trump administration and his constructive view on the US economy and Goldman's business over the next 18 months.
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

Stephanie Link: Brave, Bullish, and Beating the Noise

Hightower Advisors' Chief Investment Strategist, Head of Investment Solutions and Equity Portfolio Manager Stephanie Link outlines why she has been constructive on the US market in recent years despite the considerable noise. She also discusses being brave and buying during the April pullback, her top stock picks (Uber, Palo Alto Networks, Vertiv, Boeing, Amazon, D.R. Horton and multiple banks), and her advice on investing and smashing it in a male dominated industry.
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.

BONUS: Jeremy Grantham pt 2 - On Long Term Risks to the Market, and Humanity

Some bonus content from Wilf's conversation earlier this week with the Founder, Chairman, and Long Term Investment Strategist at GMO, Jeremy Grantham. This time Jeremy focuses on the biggest long term risks he sees for the market, and humanity, including toxicity, declining fertility and climate change.
 
The content of The Master Investor Podcast is for informational purposes only and does not constitute financial, investment, or other professional advice. Always seek independent financial advice before making investment decisions
 
You can watch the full video on The Master Investor YouTube channel. 
 
And follow @WilfredFrost on X.
 
This podcast is produced by Paradine Productions, The Master Investor Podcast Ltd in association with Bird Lime Media.