Poor Millionaires

When a country enters a financial crisis, collapsing currencies and forced selling can make good companies extraordinarily cheap. They can also expose investors to weak governance, capital controls and permanent loss. How can an investor tell the difference? James speaks with Michael McGaughy, Head of Research at Fusion Wealth Management and portfolio manager of Research Alpha, about his approach...

Hedge funds are often portrayed as opaque, high-risk vehicles chasing spectacular returns. Markus Derenthal of Cape May Wealth Advisors offers a different view: their most useful role may be to deliver returns that behave differently from stocks and bonds. James and Markus break down the major hedge fund strategies, how they can support portfolio diversification, and the practical barriers facing...

Swen Lorenz is author of Undervalued Shares and CEO of Sarnia Asset Management. Swen is here to talk about the wave of shareholder activism that’s about to sweep the UK equity market and present some big opportunities for investors. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Alyx Wood is co-founder and chief investment officer at UK-focused hedge fund Kernow Asset Management.  Alyx and James delve into the incredible opportunities on offer in the much maligned UK market, which has become something of a stock picker’s paradise.  Alyx's website: https://kernowam.com Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start...

Diana Tenkova, founder of Institutional Quality, is an expert in helping investment firms build credibility, reputation and long-term investor trust. In this episode we're exploring why smaller so-called boutique asset managers have become one of the fastest-growing parts of the investment industry - and whether smaller can actually be better. You can hear more from Diana via her LinkedIn prof...

Martin Sjogren, aka the "Frontier Viking", has spent years immersed in Frontier markets, which he believes are one of the most under-appreciated and under-researched sectors in the investment landscape right now. Martin shares his journey in frontier market investing, along with his formula for screening the best places to go hunting for bargains. You can hear more from Martin via his Su...

In this episode, Swen Lorenz discusses the investment strategies of Michael Steindler, a portfolio manager with a 250x return since 2000. We explore unconstrained investing, hidden optionality, and how to find under-the-radar opportunities in global markets. Key Topics Unconstrained investment strategy Hidden optionality in stocks Finding under-researched opportunities Portfolio sizing and concent...

Harald Berlinicke shares his remarkable journey from a teenage investor witnessing Black Monday, through building an €8 billion structured credit business before the Global Financial Crisis, to becoming a respected family office CIO and one of LinkedIn’s most authentic finance voices. In this candid conversation, Harald opens up about the excesses and lessons of the pre-2008 era, what truly separa...

Steve Clapham is an ex-hedge fund manager and financial educator who trains professional investors how to analyse corporate financials. In this episode, we reveal why private investors really can create an edge over the big institutions. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Christian Broyhill is the founder of NexGen Journeys, where she helps rising generation family members find clarity, confidence and purpose whilst navigating the emotional landscape of wealth. We dig into how Poor Millionaires can arm themselves against all the psychological pitfalls of becoming wealthy. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and...

James Faulkner is joined by Matthew Stafford, a highly experienced venture capital investor, who gives us the “how to” of Venture Capital (VC) investing. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Watch on YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow...

Many Poor Millionaires struggle with the transition from business owner and entrepreneur to being an investor. Digby Summerhill has just completed an exit of his family’s furniture business and in this episode he shares his experiences of managing that transition and becoming a full time investor. Here we unpack the reality of life after an exit - through the experience of someone who’s actually g...

Today’s guest is Paul Rossini, CEO of AssetPass. Paul has spent the best part of the past decade tackling the challenges of digital inheritance, and in this episode we’ll help you ask the question of whether or not your financial legacy is adequately prepared for the brave new world of blockchain and tokenisation. Poor Millionaires is the show focused on helping you escape the ranks of the mass af...

Robert Karas is Chief Investment Officer at Bank Guttmann. Robert lifts the shroud of mystery on the enigmatic world of private banking and shares his insights into investing and managing the wealth of HNW families for this 29 billion euro AUM institution.   Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠...

James is joined by Tim Price, Director and Fund Manager at Price Value Partners. Tim gives you the inside look on how to pick the right wealth manager - including the questions you must ask and the red flags to avoid at all costs. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Watch on...

Simon Catt from Arlington Group has spent his entire career analysing the cycles of the commodities markets and helping mining companies raise money. In this episode, we discuss how Poor Millionaires can navigate the current super cycle in commodities and Simon reveals the three metals he believes stand to benefit the most from global trends. You can follow Simon via Arlington Group and CattCalls...

James Faulkner is joined by real estate fund manager John Suggitt and Sarnia Asset Management CEO Swen Lorenz to discuss the generational opportunity in the Ukrainian property market. Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Watch on YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Clive Thompson is an ex-Swiss banker and is quickly becoming a YouTube sensation with his educational videos on investing. Here we discuss the meteoric rise and equally astonishing fall of silver. Can the silver bull market continue? Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Watch on...

Today’s guest is Jan Voss, Managing Director of Cape May Wealth Advisors, a Berlin-based wealth management firm. Jan is an expert in single family offices, asset management and international tax advisory. In this episode, we’ll discover how you can apply some of the strategies of family offices as a Poor Millionaire.  Poor Millionaires is the show focused on helping you escape the ranks of the mas...

Swen Lorenz is CEO of Sarnia Asset Management and the author of UnderValuedShares.com. Today he’s sharing what he believes could be a generational inflection point for the UK stock market, which is now one of THE most contrarian trades out there given the weight of negativity that dominates the narrative.  In this episode, Swen and I discuss the current state of the UK economy, exploring the perva...

Terence Moll is a retired market strategist, having held senior positions at the University Superannuations Scheme in the US, Coutts, and more recently 7 Investment Management. Today he manages his own personal portfolio full time. In this episode of the Poor Millionaires podcast, Terence Moll shares insights from his extensive career in asset management and his transition to becoming a full-time...

Ladislas Maurice, the Wandering Investor, is an expert in international property investing, residency and citizenship. In this episode we ask whether Poor Millionaires need a Plan B – what that entails, and how you can go about implementing one.  Poor Millionaires is the show focused on helping you escape the ranks of the mass affluent and start your journey to generational wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Neil Woodford is one of the UK’s best-known fund managers. Having famously avoided the worst of the fallout from the dot.com bubble and the financial crisis, this helped him go on to manage more than £30 billion at Invesco. These days, he shares his insights via his blog at W 4.0. and In this episode we ask Neil whether he sees any signs of a market bubble and how investors can best navigate the c...

Andrew Brown of East 72 Dynasty Trust. Andrew is an expert in family dynasties and publicly listed majority-owned family businesses. In this pod we’re going to learn how three of the most successful European family dynasties invest – but crucially how you can also apply these principles in managing your own wealth. Poor Millionaires is the show focused on helping you escape the ranks of the mass a...

Simon Popple is a long time gold advocate and proprietor of The Gold Program, which is an online resourced dedicated to helping private investors navigate the gold mining sector. We dig into what makes the gold miners attractive right now and Simon shares some pointers on how to avoid the pitfalls of the sector. Poor Millionaires is the show focused on helping you escape the ranks of the mass affl...