Over the past 30 years, Bill Fleckenstein has managed money for Bill Gates, witnessed and profited from four epic financial bubbles and honed his palate for white Burgundy. As a dedicated short seller during the activist central bank era, Bill shares in this episode how he developed his process over time including the specific tactics he now employs to profit from declining prices. We also discuss the unique problems presented by experimental monetary policy to both the economy and financial markets. Finally, Bill reveals what he believes to be “one of the fattest pitches out there” for short sellers in the current market along with the unique risks the current environment presents to the average investor. Find Bill online at FleckensteinCapital.com and @FlecksThoughts on Twitter. Below are a few more links related to our conversation:
- Andrew Will Winery
- Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve by Bill
- Jesse Livermore: Boy Plunger by Tom Rubython
- Fooling Some of the People All of the Time by David Einhorn
- Jim Grant, Grant’s Interest Rate Observer
- Fred Hickey, The High Tech Strategist
- Photo via RealVision.com where you can find more interviews with both Bill and Fred Hickey
