Noble’s favorite quote these days is from Oscar Wilde: “A fool is someone who knows the price of everything and the vaue of nothing.”
George Noble
“People ask what should I buy? The answer is you should be in cash,” in order to prepare for “much, much, much lower levels ahead.”
George Noble started his career at Fidelity Investments in the early 1980s working for stockpicking legend Peter Lynch, then running the top-performing Fidelity Overseas Fund. He later launched his own hedge fund, which tanked in 2009 when he turned bullish too soon. Now 65, Noble has found a new purpose in life, a crusade — to help investors navigate the collapse of what he calls “the biggest ‘everything bubble’ ever seen,” a bubble blown by central bankers “pursuing the most reckless monetary policies ever” by pushing real rates below zero while $5 trillion in federal pandemic stimulus sloshed excess liquidity over the U.S. economy.
Frustrated by what he considers to be nauseatingly unskeptical cheerleading on CNBC (which he refers to as the Cartoon Network), Noble in the past year dove into social media and created his own forum, on Twitter Spaces, Clubhouse and YouTube, where he has more than 4,000 subscribers to his unedited, hours-long conversations with market maven pals. Noble brings a New Jersey-born, no b.s., take-no-prisoners approach to castigating SPACs, NFTs, cryptocurrencies, tech stocks, and their promoters. Nine months ago he called…
