Quoth the Raven

In a podcast that I did last week, I had Matt Stewart on to talk about the state of the Herbalife trade. One of the things that we tossed around was how Mr. Icahn was going to exit his stake in the company. With the news breaking today that Carl Icahn and Icahn Enterprises has tendered a significant portion of its shares back to the company, I thought it only fitting to have Matt back on the podcast to discuss what this exit means, and how Mr. Icahn may proceed moving forward. Matt Stewart was one of my favorite people to read while the Herbalife debate was ongoing. He published over 180 quick witted articles on Seeking Alpha and because a friend of mine in the process. He's a private investor, former vice president & director of RBC Dominion Securities Inc. in Toronto and holds an Honors BA from the University of Western Ontario and an MBA from the F.W. Olin School of Business at Babson College. Matt also represented all BCE common shareholders as the 'intervenor' in the BCE v. Bondholder's case argued before the Supreme Court of Canada in July, 2008. Today's sponsor: www.Series7Podcast.com All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this podcast, I talk about monetary policy as a whole - why I think its insane and why our current policy ensures that we are going to have another financial crisis much larger than the one we had in 2008. I talk about how the Fed is making problems worse by selectively bailing out companies and I give examples of actual free markets. If the stock market is just guaranteed to always go up and guys like Warren Buffett predict the Dow is just going to keep going to 1,000,000, is that really a market - or is it one of the biggest long cons in history? Hint: it's the latter.  Today's sponsor: www.Series7Podcast.com All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

This podcast discusses the two most common people who have recently been compared to Steve Jobs: Elizabeth Holmes, who has now been sued for fraud by the SEC and Elon Musk who - uh - hasn't. In this podcast I talk about the history of Apple and Steve Jobs as it compares to both Elizabeth Holmes and Elon Musk. I point out similarities and differences between Apple and Jobs when Apple first went public and Tesla and Elon Musk as it exists today. Today's sponsor: www.Series7Podcast.com All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

Matt Stewart was one of my favorite people to read while the Herbalife debate was ongoing. He published over 180 quick witted articles on Seeking Alpha and because a friend of mine in the process. Matt hasn't published in months, so I thought it would be good to bring him on for a look back at how the Herbalife trade played out over the last few years. He's a private investor, former vice president & director of RBC Dominion Securities Inc. in Toronto and holds an Honors BA from the University of Western Ontario and an MBA from the F.W. Olin School of Business at Babson College. Matt also represented all BCE common shareholders as the 'intervenor' in the BCE v. Bondholder's case argued before the Supreme Court of Canada in July, 2008. Today's sponsor: www.Series7Podcast.com All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this podcast, I try to be a bit more objective about Tesla - I look at what I honestly think is a way the stock could rise 50% before the end of this summer - and a way that the stock could be absolutely crushed 50% before the end of the summer. These are both events that I think could happen any day. I explain my reasoning. I talk about the news Tesla would need to deliver today (other than turning a profit) that could put a serious charge into the stock and create a squeeze. I also touch on a brand new NHTSA investigation into a Tesla Autopilot accident today that was reported by Reuters and discuss what a catastrophe it would be if the NHTSA issued a major recall. Finally, I talk about what I believe to be an incredibly damning statement Elon Musk made at the first Model 3 handovers in Fremont, CA during Summer 2017, and how it could come back to bite him in the ass badly. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this podcast, I go in hard on the Fed and the government for creating a $1.5 trillion ticking time bomb that won't be able to be ignored much longer: the student debt bubble. This debt will ultimately wind up - somehow - being paid for by taxpayers. The bubble would have never gotten this big if the morons in government didn't subsidize and insure the industry, causing lending and borrowing standards to drastically encourage anyone and everyone to go to college. Instead, people use their student loan money to party and pay rent - many students drop out. This debt will not be repaid and is a mini housing crisis waiting to happen again. I give the Fed the business in this podcast. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.  

In this podcast, I rant quickly about the quality of the train stations in Philadelphia, where I live. At about 10:00 on, I start to address the question of what the fuck is possibly going on at Tesla - which saw yet another key exectuive reportedly leave the company. At a time where regulatory safety scrutiny is at all time highs with Tesla, it was reported that "executive Matthew Schwall, who had been the director of field performance engineering, has left the company for Waymo, as the NTSB investigates multiple crashes involving Tesla vehicles." Schwall was said to be the key point of contact between Tesla and safety regulators. In addition, another executive at the company is taking a "leave of absence". What continues to cause these executive departures? Could it be morale? Do people on the inside at Tesla know that the yellow brick road could soon be ending?  All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this podcast I talk about what looks to be a coming proxy war at Tesla and new reports of a Model S crash that broke today. I talk about how the current environment surrounding Tesla makes it feel like right now is a time for Elon to put up or shut up when it comes to cash flow and profitability. If a new board is put into place, Musk will either be ousted or the situation at the company will get ugly in my opinion. Either way, it is time for Elon Musk to face some real accountability and, barring a situation where he can miraculously turn the company profitable this year, I think volatility and downside for Tesla stock remains. All content created and owned by Quoth the Raven Research, LLC. QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

Montana Skeptic is a well known Tesla skeptic and short seller who writes frequently on Seeking Alpha and has over 4,000 followers. He manages a $1B+ portfolio for a family office and invests using bonds, equities, hedge funds, and private investments with a wide geographical and asset class dispersion. He has a J.D. degree from Yale Law School and he practiced for 30 years as a trial lawyer in commercial cases. In today's podcast, we review Tesla's Q1 financial results and recent developments in the world of Elon Musk's Twitter account. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this podcast, I review a speech I gave earlier this week. On May 3, 2018 at Kase Learning's "The Art of Short Selling" event QTR gave a presentation about why going long gold can be a great way to "short the whole fucking thing" - the global financial system as we know it. Institutional Investor described the presentation as "profanity-laden and drawing frequent laughs". Kase has told me that video of the event will be up soon but, until then, I wanted to take some time and review what I talked about and why I think there's nothing wrong with owning a little more gold and trusting the government and our economic system a little less. My presentation slides can be found here: https://www.zerohedge.com/news/2018-05-04/short-whole-fucking-thing You can read TheStreet.com's writeup of the presentation here: https://www.thestreet.com/investing/should-you-short-the-whole-economic-system-and-go-long-gold--14578636 All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

In this episode of the podcast, I discuss why I think its a cowardly stunt for Elon Musk to take a conference call question from a 25 year old who thinks the stock will be at $2,200/share and a $500B market cap by 2023. Instead, Musk should sack up and welcome questions from skeptics and short sellers if he really wants some credibility that isn't just PR fluff. In addition I talk about Timkin's great earnings report, why the stock should be up 40% from here today and why no one gives a shit about profitability or cash flow anymore.  All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

Kenny Polcari graduated from Boston University, School of Management in 1983 with a B.S. / B.A. degree: concentration finance. He came to Wall Street as a summer intern on the New York Stock Exchange during the summers of '80, '81 & '82 and upon graduation moved from Boston, Mass. to New York City where he began his career on the trading floor. He became a member of the New York Stock Exchange in August, 1985 and is currently a Managing Director at O'Neil Securities, Inc. and represents the interests of institutional asset managers that need to access global equity markets. Earlier in his career, Kenny served as managing director at Icap Corps, LLC, and prior to that was senior vice president, member New York Stock Exchange and division manager with Salomon Brothers directing their NYSE Division during the heady bull market of the 1990's. His 30 years of experience has taken him from the birth of the greatest bull market, to the crash of '87, the roaring '90's, the .com implosion, decimalization, 9/11, Regulation NMS, the merger between the NYSE / ARCA, then NYSE/Euronext, automation, HFT, and fragmentation. He is an engaging public speaker and you can find him speaking at industry & investor conferences, as well as colleges, forums and major asset manager events. He is at ease speaking about NYSE history, rules & regulation, former & current market structure including internalization, HFT and fragmentation and how those changes have forever changed the face of the U.S. capital markets and what that means to the investor. He writes a daily "Morning Thoughts" missive that is an informative, engaging and entertaining look at global markets and provides insight into the day's action. It has gained wide popularity and has become a signature of his "boots on the ground" analytical style. He is a member of STA and NOIP and is a guest lecturer for The American College. He holds the series 7, 24, 27, 55, 63 registrations. You can follow him on Twitter @kennypolcari and visit him at kennypolcari.com. Today's sponsor: To learn more about how to delete your Facebook or to keep up with the protests visit vpn.com/facebook today. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

Jason Jones (AKA The Salty Droid) is a lawyer that is currently Plaintiff counsel on a class action lawsuit against Herbalife, Inc that was filed in September of 2017. He is a consumer/victim advocate who lives in Columbus with his wife and dog. Jason served in the U.S. Air Force; and then attended The University of Alaska. After spending some time working at financial publisher Morningstar, he graduated from The George Washington University School of Law. His website is www.saltydroid.info. Today's sponsor: To learn more about how to delete your Facebook or to keep up with the protests visit vpn.com/facebook today. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

Montana Skeptic is a well known Tesla skeptic and short seller who writes frequently on Seeking Alpha and has over 4,000 followers. He manages a $1B+ portfolio for a family office and invests using bonds, equities, hedge funds, and private investments with a wide geographical and asset class dispersion. He has a J.D. degree from Yale Law School and he practiced for 30 years as a trial lawyer in commercial cases. Today's sponsor: To learn more about how to delete your Facebook or to keep up with the protests visit vpn.com/facebook today. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.

It was breaking news today that President Trump has been told he is not a target in either the Cohen investigation or the Mueller investigation. Could this be true, or could this be a decoy? I discuss my thoughts on both matters. Additionally, I talk about why I believe Fresno State Professor Randa Jarrar - who's 1st amendement rights I wholly support - is a coward and a hypocrite. Today seems like a good day to exercise some first amendment rights of my own.  Today's sponsor: To learn more about how to delete your Facebook or to keep up with the protests visit vpn.com/facebook today. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.