Hello and welcome to my review of the Technochasm Summit.
I discovered the Technochasm Summit on the InvestorPlace website, it's basically a video featuring two well-known investing gurus, Eric Fry and Louis Navellier, who talk about turning a small stake into $100,000 or more within 12 months.
Which is apparently all thanks to what Eric refers to as the “technochasm,” a divide between advancing tech companies on one side, and those that will be left behind.
If you watch the presentation through to the end, as I did, you'll be taken to the order page for Eric Fry's The Speculator, and Louis Navellier's Accelerated Profits, for $2,500. It's special deal where you get two services together, at a discount to buying them separately.
Is it the real deal?
Both Eric Fry and Louis Navellier are well-known and respected investing gurus with a track record of success, and their services are absolutely legitimate. So even though the Technochasm Summit is really just a sales pitch, the service Eric provides is legit.
Would I recommend it?
Well, the truth is, after reviewing 100's of stock picking services over the years, there's really only ONE service I recommend. It showed me how to 4X the S&P 500, invest better, and grow my wealth – without having a degree in finance. And you can see exactly how it works here.
That said, the Technochasm Summit is well worth checking out, even if you don't plan on purchasing Eric Fry's service, The Speculator. It contains some useful insight about Eric and Louis' view on the current markets and how to profit as an investor.
Read on to learn more.
What's The Technochasm Summit About?
The Technochasm Summit isn't really a summit, it's a video presentation.
During the video, Eric Fry and Louis Navellier discuss their thoughts on current market conditions, explain what the technochasm is all about and talk about how to profit from it.
Specifically, Eric says you could make $100,000 or more within 12 short months with just a handful of stocks he says stand to gain from the coming technochasm.
What the heck is a technochasm??
Eric Fry uses the term “technochasm” to describe the ever increasing divide between tech companies and non-tech companies.
He says that computerization, automation and mass technological adoption is “splitting the world in two” and “creating a deep chasm or divide between the 1% and the other 99%.”
And that the technochasm is the reason why tech companies are growing exponentially, while many brick and mortar companies are going bankrupt.
It's a compelling thesis, to say the least.
He also thinks that, despite what many think, technology is NOT in a bubble.
Which seems hard to believe, but Eric does have quite a talent for picking trends and sharing these with his subscribers. For example, he recommended Bitcoin when it was just $300. And he has many other 1,000% or higher stock and asset picks under his belt.
Anyway, as the video presentation winds up, you are encouraged to head over to the order page, where you're asked to purchase a subscription for $2,500.
What Do You Get for $2,500?
As mentioned, the Technochasm Summit is a video presentation that leads you towards joining Eric Fry and Louis Navellier's paid research services for $2,500.
Eric Fry's service is called The Speculator and normally costs $1,995 if purchased separately. It's all about helping subscribers spot global megatrends and profit from them.
And Louis Navellier's service is called Accelerated Profits, which normally costs $2,500 if purchased separately. It's about combining strong momentum and fundamentals with a more frequent trading schedule, to help subscribers see large gains in less time.
Both services are brought to you by InvestorPlace, which is the financial publishing company both Eric and Louis work with. So it's kind of like a two-for-one deal, where you pay $2.5K to access both services for a full year.
On top of this, you also get access to Eric's technochasm stock picks and other resources to help you profit from the opportunities Eric and Louis believe exist as a result of the technology trends discussed during the presentation.
Who's Eric Fry?
Eric Fry is one of the investing gurus featured in the Technochasm Summit, and he's the main editor of services like Fry's Investment Report and The Speculator.
According to his InvestorPlace profile page, he's been very successful at investing in the stock market for almost two decades.
He started out as a professional portfolio manager specializing in short-selling and international investment opportunities. And after doing this for over 10 years, he started developing research products geared for professional money managers.
His real claim to fame was in 2016 though, when he won “Portfolios with Purpose” which is one of Wall Street’s most prestigious investment competitions. Out of 650 of the biggest names in finance, he won the competition and was able to score a 12-month return of 150%.
So clearly, Eric has a solid track record of successful investing, he has been credited with many “10-bagger” calls, which means recommending stocks that 10X your money.
And he's even been successful on the short side of the market, where you make money betting that a company's stock price will go down, which some say is even more difficult.
For example, he profited from the dot com bubble in the early 2000s and successfully shorted key mortgage firms in 2006, Fannie Mae and Freddie Mac, before they went bust during the financial crisis. So his insights appear to be worthwhile in any market, not just during good times.
These days, he works with InvestorPlace, where he shares his investment insights and stock recommendations with subscribers of his flagship newsletter, Fry's Investment Report.
Is he the real deal?
Eric Fry is a definitely a real and legitimate investing expert. He’s been doing this for around two decades and has worked with some of the biggest names in the industry.
His work has even been featured in publications like Barron's, Time, USA Today and Wall Street Journal, among others. And it seems many people speak highly of his newsletters, so I believe he is legitimate and someone who shares a lot of value with people.
Who's Louis Navellier?
Louis Navellier is a professional investor, leading money management guru, and the man behind the Accelerated Profits subscription.
According to his InvestorPlace profile page, he has over 35 years of experience as a savvy stock picker, and is an unrivaled portfolio manager.
In fact, he's one of Wall Street’s most renowned growth investors and according to the New York Times, an icon among growth stock investors.
Throughout his career, Louis's goal has been to uncover Wall Street’s inconsistencies and help investors beat the market with less risk. And his growth stock investment tips have helped tens of thousands of investors, so he must be doing something right.
Especially considering that some of his newsletter services have been credited with outperforming the S&P 500 by 6-to-1. Which is impressive to say the least.
In any case, as a result of his success, and the value he shares with people, Louis has established one of the most exceptional long-term track records in the investing space. So I think it's pretty clear he's a legitimate investing guru.
He’s been doing this for over 35 years and has worked with some of the biggest names in the industry. He’s also been featured on Fox Business News and CNBC, not to mention he is often quoted by The Wall Street Journal, MarketWatch and Bloomberg.
And it seems as though many people speak highly of his newsletters, as well as his highly acclaimed book (The Little Book That Makes You Rich) and his fund management company, Navellier & Associates – which manages billions of dollars.
Is The Technochasm Summit Worth It?
The Technochasm Summit is well worth checking out.
It's a free video presentation that walks you through the highlights of Eric Fry's technochasm investing thesis, and considering both Eric and Louis' track record, you may well learn something by attending. So in that respect I think you've got nothing to lose by watching.
And even though it's ultimately a pitch for a paid subscription, you do get a lot of value for the money. By joining, you get a full 12 months access to both Eric Fry's service (The Speculator) and Louis Navellier's service (Accelerated Profits) for a fraction of what you'd pay if you bought them separately.
Not to mention, you get some extra bonus reports and resources to help you become a successful investor.
On the other hand, not everyone has a spare $2,500 laying around.
And not everyone who joins is going to make $100K in 12 months, or any money at all for that matter. Because nothing is guaranteed in the world of investing.
Investing in tech stocks, especially those that aren't as well established, is a risky endeavor. No matter which guru you're listening to. So I wouldn't join expecting to get rich quick or without understanding that there's some very real risks involved with this sort of thing.
Hope you found this article helpful! My name is Jeff and I'm the creator of Mad Money Stacks. I started this site to help others avoid scams and share honest, legitimate methods of creating wealth in the stock market. Like my top rated service, that shows you how to 4X the S&P 500 and grow your wealth – without having a degree in finance. Go here to learn more.