Eric Fry

Eric Fry

About Eric Fry

Eric J. Fry has been a specialist in international equities for nearly two decades. He was a professional portfolio manager for more than 10 years, specializing in international investment strategies and short-selling.

Following his success in professional money management, Eric joined the Wall Street-based publishing operations of James Grant, editor of the prestigious Grant’s Interest Rate Observer. Working alongside Grant, Eric produced Grant’s International and Apogee Research, research products geared for professional money managers.

In 2016, Eric won the Portfolios with Purpose competition — Wall Street’s most prestigious investment competition — beating 650 of the biggest names in finance with a 12-month return of 150%.

In professional circles, Eric is known for his extraordinary long-term track record, which includes numerous “10-bagger” calls, like buying Asian stocks during the depths of its late-90s currency crisis, buying Russian stocks during its debt-currency crisis, buying commodities in the early 2000s, right before their historic rally into 2007, and buying stocks in 2015 that would benefit from the Electric Vehicle boom, just at those stocks were gaining big momentum.

Eric’s record on the short side of the market is just as remarkable. He’s known for successfully shorting numerous technology stocks in 2000 and 2001, as those stocks sputtered toward bankruptcy…and for his predictions in 2005 and 2006 that the housing boom would go bust and drive government mortgage firms Fannie Mae and Freddie Mac into bankruptcy.

Eric’s views and investment insights have appeared in numerous publications including Time, Barron’s, Wall Street Journal, International Herald Tribune, Business Week, USA Today, Los Angeles Times and Money. His book, International Investing With ADRs: Your Passport to Profits Worldwide, was the first comprehensive guide to investing in foreign companies using ADRs.

Premium Services

Fry’s Investment Report will prepare you to survive — and thrive — in any market. In it, Eric Fry looks for big-picture trends that drive huge, multiyear moves in entire sectors of the market. Then he shows his readers the right stocks... at the best prices.

  • Stocks, Global Macro Analysis

  • Conservative

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The Speculator uses Eric Fry’s proprietary system to spot global megatrends, just as they begin to unfold.

  • Stocks

  • Aggressive

  • 2-4 Monthly Trades

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Recent Articles

What Gold Knows That Congress Keeps Ignoring

The U.S. has started to probe the outer limits of debt accumulation… and the gold market is watching. This precious metal deserves an allocation in every investment portfolio, including yours.

Game On: Inside Meta’s $15 Billion Quest for the AGI Trophy

In today’s Smart Money, I’ll break down Meta’s recent developments in AI, including how its new partnership could be the key to claiming the AGI trophy. Plus, I’ll share the best way to play AGI as it continues to develop.

Missed May’s Surge? Here’s What’s Still Ahead for Traders

May delivered the S&P 500’s best performance in decades, giving long-term investors a much needed recovery after a steep April drop. But my colleague and master trader Jeff Clark believes that active traders had the potential to do far better… and that the real winners were nimble traders who capitalized on fast-moving opportunities.

What Grocery Shopping and This $15T Opportunity Have in Common 

Every day gives us a new distraction in the markets, making it impossible to keep track of what’s important. Meanwhile, the most crucial invention of the past century is being developed under our noses. So, Tom Yeung will sift through the noise and point you toward a $15 trillion opportunity hiding in plain sight... and how to capitalize on it.  

Inside This One Company’s $28 Billion Bet on AI and Medicine

In today’s Smart Money, I’d like to share a company that I’ve identified as one of the most promising disruptors in the healthcare sector, all thanks to its innovative use of AI.

How to Trade This Market Chaos and Come Out Ahead

Fluctuating markets… an ongoing trade war… geopolitical tension… sharp swings in high-valuation tech stocks… these factors have all added to investors’ unease this year. While this volatility has many feeling understandably anxious, there is a proven way to successfully trade this market chaos…

What to Do When the Market Hangs on a Handshake

With the trade agreement meeting between President Donald Trump and Chinese President Xi Jinping potentially stretching into tomorrow, the week ahead could be a rocky on for the markets. But this type of market uncertainty is par-for-the-2025 course. It’s also where my colleague and master trader Jeff Clark has historically achieved his biggest gains.

Don’t Fear Chaotic Markets – Profit From Them

Volatility has been the name of the game this year, thanks in large part to headlines about tariffs, trade wars, and political drama whipsawing investor sentiment almost daily. But even during periods of uncertainty there are also windows of opportunity… if you know where to look.

Trump’s “Beautiful Bill” Will Supercharge AI – and Rattle These Markets

In today’s Smart Money, let’s take a look at the recent developments from the nuclear energy industry. Also, while we can consider the AI Boom itself to be a certainty, the markets that surround it can be wildly unpredictable... especially recently. Continue reading to learn how to capitalize on market uncertainty.

How This Overlooked $19T Market Could Trigger a Global Market Melt-Up  

The recent sale of a home in China is far more important than most Western investors realize. It could mark the start a new commodities supercycle that has the potential to power stocks higher for years to come. So, in today’s Smart Money, let’s take a look at how that could play out... And at some of the companies that should benefit from China’s housing comeback.