Stan Majcher: invest where capital is scarce

Where is capital flooding?  It's into a lot of speculative areas.  Will you get a return there?...  On the other end of the spectrum [with high equity costs of capital] is probably where the opportunities lie.

~ Stan Majcher, "Where to Put Your Money When the Market Is Insane," Stansberry Investor Hour, 46:40 mark, July 8, 2021