What podcasts say about Russell Napier
Every statement, with the speaker, the exact quote and the moment it was said.
What Russell Napier has said on podcasts
20 statements · 8 positive · 10 negative · 2 neutral
Scott Bessent intervened to influence prices of selected US government bonds.
“Last week, the US Secretary of the Treasury, Scott Besant, decided that he would intervene to begin to determine the price of selected US government bonds”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 8:47
Scott Bessent intervened in the dollar-yen foreign-exchange market.
“He also decided that he would intervene in the foreign exchange market between the dollar and the yen”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 9:14
Government price controls have historically failed.
“It's all been done before and it always fails.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 10:34
Broad price fixing can ultimately produce national bankruptcy.
“in the long run, you fix all the prices and you end up in 1976 Britain, which is bankrupt.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 11:00
US intervention is being justified by an existential threat from China.
“The Americans are justifying this on an existential risk to the state in China.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 12:11
Investors should avoid bonds unless compelled to hold them.
“don't own bonds unless they force you to own bonds.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 14:30
Gold performs well during financial repression.
“Gold does well.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 14:35
Selected cheap and value equities can perform well.
“There are selected equities that can do well, particularly value equities, cheap equities.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 14:36
Investors should favor countries unlikely to impose financial repression, such as Switzerland.
“If you can invest in a country that isn't going to run a financial repression, this was the lesson in the post-World War II period, Switzerland.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 14:47
Financial repression produces poor real returns on bonds.
“So your real returns will be poor.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 15:13
A 2021 French long-term bond investment lost 76% nominally.
“You've now lost 76% in nominal terms buying the risk-free asset.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 15:37
The AI singularity occurs when robots sell investment products as successfully as humans.
“the real singularity is when a robot is as successful as selling you an investment product as a human being.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 26:17
MSCI World value stocks outperformed growth stocks year to date.
“the MSCI World Growth Index is up 9%. The World Value Index is up 16%.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 31:56
Value stocks outperform growth stocks over the long term.
“value always beats growth.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 32:41
US corporate profits as a share of GDP are at an all-time high.
“American corporate profits as a percentage of GDP. It's at an all-time high.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 45:00
Greater competition and breaking oligopolies can reduce corporate concentration.
“Greater competition and destroying the oligopolies has to be the other way to bring down.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 45:50
Technology will worsen corporate oligopoly concentration.
“the technology is going to make that worse.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 46:31
The UK has an advantage because its government debt is relatively long-term.
“we have this huge advantage over just about everybody else in the developed world because we have long term debt.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 47:50
Government debt-to-GDP is 88% in the UK, 116% France, 132% Italy, and about 160% Japan.
“The UK government data GDP is 88%, ridiculously high. France is 116%. Italy is 132%. And Japan, I think, is 160%.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 49:21
There will be at least three AI investment booms.
“I'm sure there'll be at least three AI booms.”
Open the episode · Live From Fringe: What Adam Smith Would Say of Bond Market TurmoilListen at 53:10
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.