Investors / stance tracking
What Dan Ferris is saying
FollowFollowingUnfollowEditor, Extreme Value; host, Stansberry Investor Hour
Media
17 dated public stances tracked since 2020-05-04, most recently 2026-10-06. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Dan Ferris's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Dan Ferris is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
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17
tracked stances
16
themes
0
side flips
2026-10-06
last heard
Returns 90d +9.8% 86% correct · 7 calls · 180d +7.1% 57% correct · 7 calls · 1y +9.9% 43% correct · 7 calls
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2021-08-19 | PSLV | bullish | +7.1% | -0.5% | -19.1% |
| 2021-08-19 | PHYS | owns | +4.1% | +3.9% | -3.4% |
| 2021-08-19 | BITCOIN | bullish | +29.1% | -4.7% | -55.5% |
| 2020-05-04 | STZ | bullish | +5.8% | +8.2% | +48.8% |
| 2020-05-04 | GOOGL | bullish | +12.1% | +22.8% | +74.4% |
| 2020-05-04 | DG | bullish | +10.2% | +19.9% | +24.2% |
| 2020-05-04 | CASH | bullish | +0.0% | +0.0% | -0.0% |
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| BITCOIN | 1 | 1 bullish | 2021-08-19 | |
| CASH | 1 | 1 bullish | 2020-05-04 | |
| COPPER | 1 | 1 bullish | 2026-10-06 | |
| DG | 1 | 1 bullish | 2020-05-04 | |
| FCX | 1 | 1 bullish | 2026-10-06 | |
| GOOGL | 1 | 1 bullish | 2020-05-04 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-10-06
long GOLD / long USD
hedge
Whitney Tilson · video
Owning both gold and the US dollar protects purchasing power across two outcomes: continuing fiat debasement lifts gold, while the dollar remains stronger than competing reserve currencies.
“I've told them to buy GLD to own gold. Both got to have both.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
2026-10-06
TDW
bullish
Whitney Tilson · video
Tidewater is acquiring a leading offshore-service-vessel fleet below 40% of replacement cost while vessel scarcity and rising day rates could flow directly to earnings.
“I think Tidewater is a great bet here.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Copper supply requires roughly $250 billion of investment but commitments are about $100 billion short, while construction, grids, and AI data centers sustain demand.
“The price of copper has to go up. Has to, has to, has to.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Chronic underinvestment in sustaining production amid steadily rising demand should create a durable supply shortage and keep oil prices elevated beyond the current conflict.
“The real problem is a chronic global shortage of sustaining capital investment.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Valero should continue benefiting from constrained US refining capacity, limited incentive to build new plants, and unusually strong refining margins, although much of the easy upside has occurred.
“I don't think you should be selling.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Marathon Petroleum should continue benefiting from constrained US refining capacity, limited incentive to build new plants, and unusually strong refining margins, although much of the easy upside has occurred.
“It's not a terrible idea. Just set your expectations lower.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Freeport-McMoRan offers relatively conservative exposure to the expected multi-year copper shortage through a large, profitable, dividend-paying producer.
“Just buy those and you'll do great.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Southern Copper's industry-leading proven reserves provide substantial leverage to rising copper prices without requiring speculative exploration success.
“Southern Copper, I think, is a good bet, a good conservative bet.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
Rio Tinto combines a profitable established mining business with potential upside from government support for accelerating Arizona's Resolution Copper project.
“It's not the reason to own it, but it's a good reason to own it.”
Dan Ferris: Copper Could Double—and He Says You Have to Own It | SIH
2026-08-11
US GULF COAST CHEMICAL PRODUCERS / CHEMICAL CRACKERS
owns
Brent Johnson · video
The US Gulf Coast is the world's lowest-cost chemical cracker, and Middle East supply chain disruptions from the Iran conflict structurally redirect global chemical demand toward domestic producers.
“I have done...bought a chemical company or two because the US Gulf coast is like the low-cost chemical cracker of the globe”
Brent Johnson: Why the Dollar Isn't Dying (And Why That Matters) | SIH
A small bitcoin allocation provides asymmetric upside if the US dollar loses reserve-currency status and government financial repression accelerates, acting as a potential multi-bagger hedge against monetary and political tail risks
“having a little bit now could get you a major major multi-bagger”
90d +29.1% · 180d -4.7% · 1y -55.5%
Legendary asset manager Chris Mayer’s investment C.O.D.E reveals his favorite stocks to buy now
2021-08-19
PHYS
owns
Chris Mayer · video
Sprott Physical Gold Trust is a direct vehicle for a permanent inflation and monetary-debasement hedge, held with no intention to sell as purchasing power insurance over a multi-decade horizon
“I just buy it intending never to sell it”
90d +4.1% · 180d +3.9% · 1y -3.4%
Legendary asset manager Chris Mayer’s investment C.O.D.E reveals his favorite stocks to buy now
2021-08-19
PSLV
bullish
Chris Mayer · video
Sprott Physical Silver Trust provides monetary hedge exposure alongside gold as a permanent portfolio allocation against long-run inflation, held as a core position with no planned exit
90d +7.1% · 180d -0.5% · 1y -19.1%
Legendary asset manager Chris Mayer’s investment C.O.D.E reveals his favorite stocks to buy now
A ~20% cash allocation is the best equity-portfolio diversifier because most investors over-optimize for a Goldilocks economy and ignore survival risk; cash also enables opportunistic buying during drawdowns
“I just haven't found anything better than a big chunk of cash to diversify an equity portfolio”
90d +0.0% · 180d +0.0% · 1y -0.0%
Extreme Value: Dan Ferris on high-quality businesses with Tobias Carlisle on The Acquirers Podcast
Google's advertising platform benefits from deeply embedded daily-use products (Gmail, Search, YouTube) that users barely notice, while YouTube's asset-light model—no upfront content cost, back-end revenue share—gives it a structural advantage over Netflix…
“I like Google as a business better than Facebook for sure”
90d +12.1% · 180d +22.8% · 1y +74.4%
Extreme Value: Dan Ferris on high-quality businesses with Tobias Carlisle on The Acquirers Podcast
Dollar General has a superior business model to Walmart because it is anti-fragile (gains customers during downturns as shoppers trade down) and has more room to expand from its rural roots into suburban and urban markets
“I think the dollar model is better”
90d +10.2% · 180d +19.9% · 1y +24.2%
Extreme Value: Dan Ferris on high-quality businesses with Tobias Carlisle on The Acquirers Podcast
Constellation Brands has more addictive consumer demand than commodity beverage names like Coke, making its repeat-purchase dynamics and long-run compounding more attractive
“we kind of like things like Starbucks and uh Constellation Brands and stuff they're more addictive”
90d +5.8% · 180d +8.2% · 1y +48.8%
Extreme Value: Dan Ferris on high-quality businesses with Tobias Carlisle on The Acquirers Podcast
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