#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