← Leaderboard
LS
Lyle Stein
Forvest Global Wealth Management (President)
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
He is making the case for oil as an investment: longer-term expectations have reset higher: 'we're looking at values today that are, you know, roughly $70 a barrel, not $60 a barrel' @0:49: and supply security plus high global gas prices ('close to $58 per MMBTU' in Europe @1:27) reinforce it.
“The Strait of Hormuz is not opening anytime soon in the way people expected.”
He owns EWY for memory exposure: 'Hynex and Samsung make up 50% of the Korean stock market' @4:17, and 'the Hynix Samsung trade through the ETF in Korea is cheaper' than Micron @6:12. Part of a broader push to diversify client money out of North America.
“Yeah, the iShares Korea ETF, I think ticker symbol is EWY. We own it because of two reasons. Number one, it's a backdoor way to play Micron”
Answering the host's point that about a third of S&P growth comes from Micron and Nvidia, he says market earnings expectations are vulnerable: 'the question is, is capacity going to overwhelm the demand for the market?' @5:45 and 'what happens after 2027?' @5:28. He owns Micron but has 'trimmed it back twice this year' @6:04.
“Yes, yes, it does. Because if you don't believe in those Micron earnings of $150, you're not going to get the kind of earnings growth the market is expected.”
BearEurope
leaning · 2026-07-20
Said while listing diversification destinations: 'we're looking at, you know, places like Korea, India, that's a good place where there's growth' @3:41, explicitly excluding Europe.
“Europe doesn't look that attractive, because Europe's growth is stagnating.”
Frames the whole EWY/India allocation as an exit from Canada and partially from the US; he does note one Canadian positive, that high global gas prices 'plays well, I think, for Canada, which produces gas' @1:37.
“trying to diversify our clients away from what we believe is a very sour economic environment in Canada, and one in the US that still has some risk to it”
Follow Lyle Stein
One short email when Lyle puts a new call on the record, and when a verdict lands on one. Plain words, free.