<p>The Fed cuts and keeps markets guessing.</p> <p>Silver hits a record – up 100% this year.</p> <p>Looking at frameworks and fake transparency.</p> <p>And our guest – Ed Easterling, Founder and President of Crestmont Research</p> <p><a href="https://podcasts.apple.com/us/podcast/the-disciplined-investor/id217999782"><img loading="lazy" decoding="async" class="aligncenter wp-image-54929 size-medium" src="https://thedisciplinedinvestor.com/blog/wp-content/uploads/2021/10/ApplePodcasts-300x100.png" alt="TDI Podcast on Apple Podcasts" width="300" height="100" srcset="https://thedisciplinedinvestor.com/blog/wp-content/uploads/2021/10/ApplePodcasts-300x100.png 300w, https://thedisciplinedinvestor.com/blog/wp-content/uploads/2021/10/ApplePodcasts-610x204.png 610w, https://thedisciplinedinvestor.com/blog/wp-content/uploads/2021/10/ApplePodcasts.png 677w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a></p> <p><span style="color: #ff0000;"><strong><em>NEW!</em> </strong></span><a href="https://thedisciplinedinvestor.com/blog/wp-content/uploads/2025/12/TDI-Notes-and-Summary-951.pdf"><em><strong>DOWNLOAD THIS EPISODE’S AI GENERATED SHOW NOTES (Guest Segment)</strong></em></a></p> <p><!--more--></p> <hr /> <p><a href="http://www.thedisciplinedinvestor.com/blog/wp-content/uploads/2012/04/Easterling-Photo.jpg"><img loading="lazy" decoding="async" class="wp-image-18571 alignleft" style="margin: 5px;" title="Easterling Photo" src="https://thedisciplinedinvestor.com/blog/wp-content/uploads/2012/04/Easterling-Photo-255x300-1.jpg" alt="" width="108" height="128" /></a>Ed Easterling is the founder and President of Crestmont Holdings, an Oregon-based investment management and research firm that publishes provocative research on the financial markets at <strong><a href="http://www.crestmontresearch.com/">www.CrestmontResearch.com</a></strong>. He has over thirty years of alternative investment experience, including financial markets, private equity, and business operations.</p> <p>Mr. Easterling is the author of recently-released <em>Probable Outcomes: Secular Stock Market Insights</em> and <em>Unexpected Returns: Understanding Secular Stock Market Cycles </em>(Cypress House; 2005). In addition, he is contributing author to <em>Just One Thing</em> (John Wiley &amp; Sons; 2005) and co-author of chapters in <em>Bull‘s Eye Investing</em> by John Mauldin. Mr. Easterling is a Senior Fellow and a Board Member at the Alternative Asset Management Center at SMU‘s Cox School of Business in Dallas, and previously served as a member of the adjunct faculty teaching the course on alternative investments and hedge funds for MBA students. Mr. Easterling holds a BBA in business, a BA in psychology, and an MBA from Southern Methodist University.</p> <hr /> <p style="text-align: center;"><strong>Check this out and find out more at: <a href="https://www.interactivebrokers.com/">http://www.interactivebrokers.com/</a></strong><a href="https://www.interactivebrokers.com/mkt/?src=tdi1&amp;url=%2Fen%2Findex.php%3Ff%3D1338" target="_blank" rel="noopener noreferrer"><img loading="lazy" decoding="async" class="aligncenter wp-image-54327" src="https://thedisciplinedinvestor.com/blog/wp-content/uploads/2020/12/InteractiveBrokers_logo1-e1607262448146.jpg" alt="Interactive Brokers - Why IB?" width="393" height="87" /></a></p> <hr /> <p style="text-align: center;"><a class="twitter-follow-button" href="https://twitter.com/andrewhorowitz" data-size="large" data-show-count="false">Follow @andrewhorowitz</a><script async="" src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p> <hr /> <p style="text-align: center;"> Stocks mentioned in this episode: (SPY), (QQQ), (NVDA), (IBM)</p>