Jason Burack of Wall St for Main St interviewed first time guest, former hedge fund manager and former professional money manager, Jesse Felder of The Felder Report https://thefelderreport.com/ Jesse's full bio here: https://thefelderreport.com/about/ Follow Jesse on Twitter for excellent market commentary: @JesseFelder https://twitter.com/jessefelder Jesse has managed money professionally for over 20 years including co-founding a multi-billion dollar hedge fund. Now, he's the Founder, Editor & Publisher of the Felder Report and he hosts the Superinvestors and the Art of Worldly Wisdom podcast https://thefelderreport.com/podcast/ During this in depth, hour plus long interview, Jason asks Jesse questions about: 1) Why do you think respected money managers with good long term track records like Hugh Hendry and David Einhorn have either had to close down their funds recently or are having record amounts of withdrawals? Is it because they are struggling to adapt to the rapidly changing global macro picture because of central banks or do you think there's other factors involved like how passive investing and ETFs have become extremely popular now? 2) Do you think passive investing and ETFs are in a bubble in terms of the assets under management and their popularity? There seems to be an attitude from people on Main St and non-financial professionals that they can do well in investing simply by buying index funds and that professional money managers are no longer needed. 3) As someone who focuses on fundamentals and value investing in their approach to investing and allocating capital, are you surprised by how many years the value investing methodology has been under performing for? 4) Since we are more than halfway through 2018 now, what do you think are the most important things that people should pay attention to for the rest of the year? (Oil price, US Dollar Index rally, Fed QT going up more in October, etc) 5) Are central bankers from the Fed, ECB, BOJ and BOE willing to prick the everything bubble? 6) Do you think that the 2 largest economic landmines now that the market is worried about the most in the short term are European banks and emerging markets? 7) Are there any specific sectors or industries where you think there may be good values on quality companies right now? 8) What do you think about the warnings that Jeremy Grantham, Mark Mobius, Paul Tudor Jones, etc have been giving about an upcoming US stock market crash? Do you think that they were more willing to speak out because they have enough money now and don't need to worry about losing their job and the ability to provide for their family? Listen to the interview for Jesse's excellent analysis and insights to these questions and more. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**