Decade Long Asset Bubble to Burst? with Mark Spiegel

Interview Recorded - Wednesday the 22nd of February, 2023

On todays episode of the WTFinance podcast I had the pleasure of speaking with Mark Spiegel, Managing Member & Portfolio Manager of Stanphyl Capital Partners.

During our conversation we spoke about why the FED are causing a recession, whether stocks will go down big, why this will be led by Tesla and other overvalued stocks and what would have to change for Mark to go net long. I hope you enjoy!

0:00 - Introduction
0:50 - Overview of the markets
3:38 - Are the FED causing a recession?
5:50 - Risk free returns
7:00 - Big stocks to go down?
9:25 - Could a bear market be avoided?
11:35 - What type of companies is Mark investing in?
15:25 - Should you short Tesla due to its fanbase? 
21:15 - No value on Tesla AI, Trucks or battery company?
23:40 - Tesla target price?
28:25 - What would have to change for Mark to go net long?
30:30 - Any other industries that Mark is watching?
34:25 - One message to takeaway from our conversation?

Mark B. Spiegel is the Managing Member & Portfolio Manager of Stanphyl Capital Partners (founded in 2011) and is a New York based equity investor. From late 2003 through early 2009 he was an investment banker (most recently as a Principal with Piper Jaffray & Co.) financing smallcap & microcap public companies. Prior to becoming an investment banker Mark spent a year working for a microcap Nasdaq tech company, and he began his career with 17 years in the commercial real estate industry where he negotiated hundreds of transactions and experienced firsthand the opportunities and challenges faced by a wide array of businesses. Mark believes that all of these experiences– banking public companies, working for a small public company and securing real estate for a wide variety of companies– combine to provide the kind of “real world” experience that makes him a better investor.

Mark Spiegel - 

Twitter - https://twitter.com/StanphylCap
Website - https://stanphylcap.com/

WTFinance - 

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas

Thumbnail picture from - https://www.jbs.cam.ac.uk/insight/2021/defining-detecting-measuring-asset-price-bubbles/