Real Vision: A Guide to Investing – Live with Mark Ritchie II

Published on
April 14th, 2020
Duration
64 minutes

Trading Irrationality – Live with Michele “Mish” Schneider


Real Vision: A Guide to Investing – Live with Mark Ritchie II

Live ·
Featuring Mark Ritchie II

Published on: April 14th, 2020 • Duration: 64 minutes

The way we trade and invest in financial markets is often a reflection of our personalities and the way we understand the world around us. Ultimately, these factors determine the types of analysis we conduct and the kinds of decisions we make. Given the recent disconnect between fundamentals and technicals, there is one question that we are all asking ourselves: “What information are the pros looking at?” On this week’s Real Vision Live, Mark Ritchie II, CIO of RTM Capital Advisors, goes into detail on how a professional macro investor such as himself utilizes information like Real Vision content to inform his decision-making process.

Comments

Transcript

  • TS
    Tamim S.
    20 April 2020 @ 18:08
    Oil just dropped to 0.06 per barrel, looks like he was right.
  • ML
    Max L.
    19 April 2020 @ 14:45
    Really enjoyed this one
  • JC
    John C.
    19 April 2020 @ 06:33
    Great interview. Always like to hear Mark's thought proccesses. Would like to hear what Mark's views are currently on the Eurodollar trade. Still positioned or out of it altogether? Curve has been all over the place and June EDs still below 99.60 while longer end pricing in most of the cuts. Seems like still more juice in the trade for NIRP, no? Will the intl swap lines be enough? Also on uranium....is it still too early or time to start scaling back in? Just wanted the general big picture view. I am long $URA, $UUUU, Denison, and a couple others in small starter size. Thanks and great job!
    • MR
      Mark R. | Contributor
      19 April 2020 @ 14:43
      John...both trades are a little more complex shoot me an email at mac@rtmca.com
  • HM
    Henley M.
    17 April 2020 @ 23:46
    Great interview!!! Mark, I have been at the MTP in each of the last 2 years in South Carolina. Lots of great commentary in this one interview with Ed Harrison. Loved your comment about how some are more concerned about being right than making money. And your comment about being on guard against "a trade becoming an investment". I was well aware of this concept with respect to a losing trade, but never thought of it in terms of a winning trade (I've been there though). Given I'm looking for leading stocks as you do, I too have noticed the Gold stocks breaking out to new ATH's before anything else. I've personally been long GOLD and FNV over the last few weeks (was in both of those pre crash as well). Another comment I really enjoyed was when you talked about how you have never watched a RV video or talked to someone..... and then run to your screen to put in a trade recommendation. If you watched the RV interview from December between Thomas Kaplan and Dan Tapiero titled I believe "The Kaplan Doctrine"...... I fell victim for running to my screen and putting in a trade after watching it.... the mining stock discussed in that was Novagold (NG). While I totally agree what you said about NOT doing that, I will say that one has worked out great. I recommend checking that interview out if its a space you're interested in. It was one of my favorite RV videos of all time. This one you did with Ed Harrison is also on that list. Had no idea of your Bitcoin interest. I liked the way you laid out the risk/reward. If there's a 50% chance of something going up 5-10X, would you buy it? The answer is of course a resounding yes. Just need to position size correctly given the potential downside. Oh..... and your AMZN idea on the IBD Podcast with Irusha is looking really good as well :) I spend 90% of my time on growth stock investing -- along lines of CAN SLIM. You talked about how RV has turned you towards a few different ideas (I realize you are already involved in other types of strategies). I personally had never looked at something like Eurodollar futures..... though I tried them out per Raoul's recommendation from May of 2019.... and its opened up a new world to me. Even subscribed to GMI recently. I too loved that John Burbank interview. Great stuff, thank you.
  • RB
    Randy B.
    17 April 2020 @ 21:19
    Love Ritchie's LSAT prep test question. "criminals own Bitcoin"..
  • AS
    Alex S.
    17 April 2020 @ 17:04
    Thanks for sharing your views on gold and bitcoin - great to get your perspective on these 2 controversial topics. Wish you’d given us just a brief synopsis of your thoughts on uranium. Something I’ve been following for awhile on RV and I get the setup as laid out by Segra but waiting for this to develop has been rough. Otherwise sincerely appreciate your time!
    • MR
      Mark R. | Contributor
      17 April 2020 @ 18:02
      Alex...email me about it happy to chat. mac@rtmca.com
  • ER
    Estefania R.
    16 April 2020 @ 16:31
    Hello, can we get the transcript please? Thank you.
    • MW
      Max W. | Real Vision
      16 April 2020 @ 16:48
      Transcripts are sent out to a transcription service after the replay is edited and finalized. They are normally up within 48 hours of the replay. This transcript will be available later today.
    • ab
      alfred b.
      17 April 2020 @ 16:32
      Transcript toggle... below the screen
  • JJ
    JOSE J.
    17 April 2020 @ 14:31
    always look fwd to Mark Ritchie II talks and videos. Thanks RV for bringing him on again! Great to see a momentum master buying into BTCUSD.
  • MH
    Matthew H.
    17 April 2020 @ 06:34
    I got a lot from this, great conversation
  • AW
    Andrew W.
    16 April 2020 @ 05:50
    I recall on March 10, the last time Mark Ritchie was on with Thomas Thornton, he was talking about buying opportunities and believing that the market was overreacting. The SPX subsequently dropped 2800 -> 2200. And buying the SPX at 2800 is a poor investment, so he messed up as both an investor and trader. Why doesn't he talk about that instead of how well he copied John Burbank on ED?
    • MR
      Mark R. | Contributor
      16 April 2020 @ 14:17
      Andrew...to be clear I said it was for a trade and I was clear NOT to get too long. I bought it and that day, it closed higher so as a trader I was correct and I said I was holding a ton of cash as an investor which I still am. This is EXACTLY what I was referring to in the interview with ED that people don't understand how to engage with others ideas because they are more concerned with being right or pointing out someone was wrong than making $. So you point out 'Mark Ritchie made a bad call'...WELCOME TO SPECULATION, you get things wrong all the time this is what risk management is for. Being more concerned pointing out where someone was wrong rather than how they think and trade the markets to form your OWN opinion/process is exactly the problem that exists on this platform and social type media everywhere. Happy to dialogue about this as your comment beautifully illustrates what I think people should avoid. mac@rtmca.com
  • JS
    John S.
    16 April 2020 @ 02:55
    Halfway through. I appreciate the time, Mark. Great conversation.
  • JA
    Johnny A.
    16 April 2020 @ 01:39
    "Trust curve" - brilliant. That was the best argument I've ever heard for btc.