Seasoned money manager and market strategist, Brad Lamensdorf serves as a Portfolio Manager and Principal of Ranger Alternative Management LP. In the first half, he detailed how the current bull market in stocks is the longest in history, what he sees for the future, and how we can protect our investments when the big correction inevitably takes place. Warnings of the coming downturn include the fact that corporate insiders are selling stocks, and individual investors are fully invested, meaning that a little bit of bad news could be highly damaging.
Lamensdorf said he tends to judge the market in terms of a contrarian style, going against the prevailing trends. But in terms of an aging investor, the older you get, the less aggressive you should be in investing in the stock market, as you're protecting your fixed income exposure, he noted. Among the companies and sectors that Lamensdorf currently considers as possible good investments, he cited Blackberry (revamped as a security software firm), and energy stocks. On the negative side, he named Nike and Harley Davidson, as the demographics are moving against them in the case of Harley.
Mr. Lobo is the host of Cinema Insomnia, the nationally syndicated show seen in over 30 television markets. in the latter half, he discussed how our favorite films in the sci-fi and horror genres resonate with us, the appeal of certain performers, and the changing power structure of Hollywood. One of his favorite films is the 1979 classic Alien, which combined horror with sci-fi, had great actors like Sigourney Weaver, and used shots of the memorable monster sparingly, which made the film all the more scarier. He talked about his love for "B" movies, which generally have lower budgets and expectations, but sometimes become huge hits like The Blob, with Steve McQueen.
Every year Mr. Lobo hosts Blob Fest in Phoenixville, PA, which includes a screening of The Blob at the Colonial Theater where the original movie was shot, and a reenactment of where the audience runs out of the movie theater. He reminisced about great horror film stars, who created unique or indelible screen characters. These kind of actors and parts seem to be in short supply nowadays, and one of the last of the greats, he said, was Robert Englund who played Freddy Krueger in the Nightmare on Elm Street series. Callers tried to stump Mr. Lobo with details from obscure B movies like "Motel Hell" (where the patrons are turned into sausage) to see if he could correctly identify the name of the film.