In this episode, we are joined by legendary commodity investor Rick Rule, CEO & Founder of Rule Investment Media. Rick walks us through his journey into finance, what life was like growing up, and where he derived his ambition to be successful. Rick shares with us several investment lessons he's learned along the way, including what it was like to make a lot of money at a young age only to lose it all and start from scratch.
We explore Rick's commodity bull thesis and which sectors he is most bullish on including uranium, oil & gas, water, and precious metals. We even learn what Rick thinks of Bitcoin and why philosophically he is rooting for its success.
Finally, we discuss what the biggest risks are to Rick’s commodity bull market thesis and how he is protecting himself should it occur.
REGISTER FOR RICK'S INVESTMENT BOOTCAMP: https://hopin.com/events/rick-rule-s-summer-investing-bootcamp-topic-tba-aa49dcf0-e168-4883-a761-c2ec78d84d77?utm_source=aff&utm_campaign=8
0:00 – Intro
1:11 – How Rick Got Into Finance
6:46 – Investing Lessons Learned After Losing it All
10:42 – Investing vs Speculating
22:05 – What Commodities Rick is Most Excited About
24:50 – Importance of Gold in a Portfolio
32:45 – Inflation & Rising Debt Levels
34:45 – Rick’s Thoughts on Bitcoin
37:36 – How Rick is Investing in Uranium
39:40 – Why Gold & Gold Miners Have Diverged
42:30 – What Could Derail The Commodity Bull Market
53:07 - Rick’s Investing Bootcamp
54:02 - Where to Learn More about Rick
FOLLOW RICK RULE:
- Rule Investment Media: https://ruleinvestmentmedia.com/
- Rick's Twitter (X): https://twitter.com/RealRickRule
FOLLOW THE SHOW:
- Understanding Macro Twitter (X): https://twitter.com/UMacroPodcast
- Website: https://www.understandingmacro.com/
WHERE TO LISTEN:
- Website: https://www.understandingmacro.com/
ABOUT THE SHOW:
Welcome to the Understanding Macro Podcast, where we explore the intersection of technology, macroeconomics and financial markets. Each week we aim to bring you thought-provoking conversations with our expert guests or introduce you to new concepts to help make you a better-informed investor. Whether you’re just a finance nerd like myself, a seasoned investor, or simply interested in how the macro economy affects your daily life, Understanding Macro has something for you.
**Nothing in this show is intended to be investment or financial advice. This content is for entertainment purposes only. Please consult a financial advisor before making any investment decisions**.
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