Our 20th episode of In the Arena features Joe Calhoun, founder and CEO of Alhambra Investment Partners. He joins Hedgeye's Daryl Jones in a lively discussion on the current investing landscape and hurdles facing the U.S. economy.
Calhoun took an unconventional path to the investing world after spending 8 years operating submarine nuclear reactors for the U.S. Navy. During 1987's stock market crash, he made more money in one single day of trading his own capital than he did from the Navy for that entire year. He was hooked.
Calhoun offers insight on a number of topics including:
- Debating the yield curve inversion theory
- U.S. growth and the relation to negative nominal bond yields
- Resiliency of the U.S. economy
Below is a glimpse at how Joe and his team think about sourcing new ideas and something that may be on the horizon:
"We tend to always look at the things are out of favor and try to figure out when we can buy them. These are things that we're looking at that we think things will change eventually, but they're not there yet. I think when you look at energy, for instance, a lot of these energies stocks, some of the major oils these things are trading at prices that they were trading at in 2009, they are extraordinarily cheap. And I think it really boils down to when are you going to see something in the oil market and make these things more valuable.
Learn more about Joe Calhoun and Alhambra Investments HERE.
If you enjoyed this podcast please let us know and leave us a comment on our iTunes page or give us a thumbs up!