#054 Ted Oakley: A Long Way To A Normalized Investing Environment Post ‘Super Bubble’

Ted Oakley is Managing Partner and Founder of Oxbow Advisors. With more than forty years of experience in advising high net worth clients in the investment industry, Oakley implements the firm’s proprietary investment strategies and the “Oxbow Principles” to provide a unique investment perspective. He is a frequent guest on FOX Business News, Bloomberg Radio, KITCO News, Cheddar TV, Yahoo Finance, and many more.

Oakley is a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP). He is a member of the Austin Society of Financial Analysts. He is also a Partner of Herndon Plant Oakley Ltd., an investment company. He is a Board Member of Texas State Aquarium, American Bank, and American Bank Holding Company. Mr. Oakley is a United States Army Veteran.

Oakley began his career in Dallas, Texas, over 35 years ago. He is the author of nine books: You Sold Your Company, $20 Million and Broke, Rich Kids Broke Kids – The Failure of Traditional Estate Planning, Crazy Time – Surviving the First 12 Months after Selling Your Company, Wall Street Lies, Danger Time, My Story, The Psychology of Staying Rich, and Your Money Mentality.

Oakley’s primary philanthropic interest is helping children. He is Chairman Emeritus and Founder of the Foster Angels of South Texas, the largest foster child foundation in South Texas, as well as Chairman Emeritus and Founder of Austin, Texas-based Foster Angels of Central Texas. Also, President and Founder of Advocates for Foster Children Foundation.

0:00 Intro

0:31 Reaction to CPI

1:09 Fed pivot not going to happen

1:45 Jay Powell is serious about getting inflation down

2:38 Many in the industry haven’t experienced higher rates

3:00 Biases

5:00 Things will likely be more volatile the next 10 years

6:03 60/40 risk parity trade

7:10 There always comes a change in investing

8:04 Volatility in rates could reflect to volatility in bond prices

10:45 Stock picking

12:26 Macro outlook

14:20 Markets aren’t priced correctly

15:10 50% liquidity

16:20 Not timing the market, timing the value

17:00 Earnings

18:00 Assessment of markets so far in 2023

19:09 Sobering up in markets

20:00 Capitulation?

23:00 What would happen if the Fed cut rates

23:30 Debt situation

26:00 Real estate

29:08 Housing

34:00 Opportunities

34:49 Gold and gold miners

38:52 Gold continued

41:00 Bitcoin

43:20 Super bubble and what a normalized investing environment looks like

48:00 Backstory, work with foster children