Karl Eggerss first became aware of the stock market when his father purchased a few shares of stock for him in the mid 1970s.  The stock was in a growing company, Church’s Fried Chicken, and identical purchases were made for his brother and sister.  As they grew older, they eventually sold the Church’s stock.  His siblings decided to take the cash and spend it, but at the age of 14, Karl decided to take his proceeds and reinvest it.  He had a passion for baseball cards at the time, and reinvested his money in Topps, a company that made and distributed the cards.  Over the next few years, Karl doubled his money, and he was hooked.   

Always fascinated with numbers, he earned his finance degree from Southwest Texas State University in 1995 with a specialization in Financial Planning.  Upon graduation in 1995, he immediately went to work for Fidelity Investments in Dallas, Texas as a mutual fund trader.  In just a few months, Karl’s job expanded to cover all 50 states and he was awarded duties of helping out the sales team at Fidelity.  Karl enjoyed the work, but he had a passion to work for a growing company and more importantly, to meet with clients on an individual basis. 

In 1996, his opportunity came, and he was offered a position as a financial advisor with Frishberg & Kaleta Capital Management in San Antonio, Texas.  At the time, Frishberg & Kaleta Capital Management was managing approximately $20 million in assets.  But there was a need for a more sophisticated system to manage the growing clients.  Karl was placed in charge of establishing the company’s current financial management database.  Karl has helped Frishberg & Kaleta Capital Management become one of the premier money management firms in the United States. 

Karl’s position has evolved, and he is currently the Chief Trader for the company, in charge of trading millions of dollars every day.  This position has landed him his own daily show on the Biz Radio Network.  It airs Monday thru Friday from 8-9 a.m. CST in Houston, Dallas, San Antonio, Colorado Springs, & Denver.  With the growing popularity of the program, Karl is often asked to make appearances to discuss the techniques that have made him successful. 

Other major successes in Karl’s life include his family.  He met his wife Amy in college and they were married in 1997.  With their young son, Anson and daughter Avery, Karl and Amy Eggerss currently reside in Fair Oaks Ranch, Texas.  The company and Karl’s career both continue to grow. 

 

Sitting in front of multiple flat panel monitors everyday for several years now watching the market and trading millions of dollars every day gives him an insight most will never get to enjoy.  Looking for correlations and patterns of stocks, bonds, and anything else relative to finance is what drives Karl everyday.  Sharing his money making knowledge with the public has become equally important to him in recent years. 

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58 Responses to “About”


  1. 1 Julie Anne March 2, 2008 at 9:50 pm

    Karl,
    I enjoyed your blog. I am a novice in my knowledge of finances, but your blog is easy to read and makes sense, even to someone like me who is not well versed in the investment world, but who is wanting to learn more about investments and make smart choices with my money and my future.
    Thanks.

  2. 2 Alberto Lopez June 11, 2008 at 10:53 am

    Thanks for the blog, Karl. Big fan. I’m a self-taught technician who appreciates the practical, real-world technical insight that you provide. Thx!

  3. 3 randy depue September 18, 2008 at 10:43 am

    So far, the 2007-2008 bear marrket has tracked almost perfectly the 1973-74 bear market – see link below for chart.

  4. 4 keggerss September 18, 2008 at 11:13 am

    Randy, Great picture. I don’t disagree with that. We’re setting up for a rally but more than likely that will have to be shorted.

  5. 5 Edward Chu September 19, 2008 at 1:51 pm

    Karl,

    I respect you the most from the radio show. I have learned a lot from you. Your opinion is the most practical and reasonable for the market.

    Can I have your eamil address or phone number?

  6. 6 Cardinal September 25, 2008 at 12:00 pm

    Karl,

    heard you talking about shorting Treasuries the other day. How do you do that and why would it work. Thx

  7. 7 Daniel Waite, Sr. October 18, 2008 at 9:54 pm

    Karl,
    It would be really nice if you could set aside one segment for technical indicators and your opinion of the technical picture, another segment for fundamentals, and one for listener’s Q&A.
    Your show could really stand andother 30 minutes.
    Dan

  8. 8 Edward October 23, 2008 at 9:13 pm

    Karl, when I look at DIG, it shows there are 4 million shares outstanding. Today it traded over 30 million shares. How is this possible? Would this not mean that each share would trade over seven times each day?

  9. 9 keggerss October 27, 2008 at 6:21 am

    That means that those 4 million shares traded hands several times in one day. All day trading basically.

  10. 10 Joe November 8, 2008 at 1:05 am

    Karl,

    As a novice trader, I really enjoy reading your blog. What trading platform/broker do you use/recommend for stocks,options,Forex?

  11. 11 Brent Scheffer November 21, 2008 at 6:44 am

    I heard you are holding on to GE on you biz show on Thursday 11/20/08. If Dow goes to 6500, I think GE will be about $9. Would you buy it at $9? I know it has heavy exposure to financial and alt enery (wind turbines). I already have some GE at $19.5.

  12. 12 Brent Scheffer November 21, 2008 at 7:21 am

    I own ETN and NOK for exposure to China. Maybe China’s stimulus package will start working. They both pay > 4% dividends. NOK is my only tech stock. I also like DUK for wind energy projects that seem to work. They sold power to some WalMart store provided by wind energy. They also pay > 4% dividend stocks.

  13. 13 Jay Rubin December 26, 2008 at 8:05 am

    Karl-I really enjoy your show. Can you suggest current entry points and stop loss points for HYG, ADM and MOO.

    Thanks,

    Jay Rubin / Houston

  14. 14 Rob Silkwood February 2, 2009 at 9:26 pm

    Karl,

    Great show – I adjust when I arrive to work so I can hear as much as I can.

    Lately I’ve been traveling and have not heard you talk about HYG and other higher yielding bonds for sometime. Can I get an update on your thoughts on those?

    Thanks.

    Rob,
    Sugar Land

    • 15 keggerss February 2, 2009 at 10:08 pm

      Rob, thanks for the nice comment. I actually bought more HYG last week. We do have to be careful with this one but I continue to believe even if this just moves sideways, the yield is very attractive. But, make sure you have an exit strategy.

  15. 16 Brad February 5, 2009 at 5:58 pm

    Karl,
    Sometime ago, you responded to a caller on the air about trading off of a Parabolic SAR indicator. Can you refresh my memory on your opinion to using this indicator to enter and exit positions? From my experience, the Parabolic SAR seems to lag the best entry and exit points. Thank you in advance for your help.

    Thanks,
    Brad
    Dallas, TX

  16. 17 Daryl February 10, 2009 at 11:16 am

    Karl,

    I hear you talk about “pairs trade”. Is it possible to trade this with the YM & ES in the futures market? If so, can you please share your thoughts? They seem to be positively correlated.

    Thanks,
    Daryl

  17. 18 David February 11, 2009 at 10:32 am

    Karl,

    How do you see TBT right now? It is down over 10% (intraday) over the past two days. Is this a ‘buy the dip’ opportunity?

    Dave

  18. 20 phillip dee February 20, 2009 at 9:30 am

    Hi Karl, I love your show. Am glad sunrise is a bit earlier so you are on longer…..Ha. I finally got my fin. plan. to pull all investments out of stock funds and into cash. I have left some money in the Bond funds as they have been up 12% since Jan. (My funds are with Ameriprise (AX)). I have other funds with TIAA-CREFF (stock and annuity) that are sitting in cash / being withdrawn from annuity 10% annually (8 years to go on the annuity). I need help investing my funds in hopes of not losing any more and the possibility of lessening my loss to date. I like what I hear on your show and most of the hosts’ philosophies. Does your group manage individual funds? Please help.
    Thanks,
    Confused and bewildered in Houston.
    phillip

  19. 21 beto q. March 29, 2009 at 2:19 am

    Karl,love your show,listen to it whenever I can,appreciate market insights,new listener,finally waking up and taking control of my own finances after taking beating(wish i had known about your show before) I am learning about charts, technical indicators, entry and exit points,what indicators should i be looking for with oil majors when you can only trade long?have made return of 10%since beginning of year could have been 50% if not for alwaya buying in too early and likewise selling too early,any comments appreciated,keep the blog coming. thanks.

  20. 22 Mehul Shah April 28, 2009 at 10:15 am

    FAZ is seeing high volume today. Is this a sign of something coming?

  21. 24 ytb May 7, 2009 at 7:15 am

    Really like your show – usually listen to podcasts so can’t call in. I keep hearing that the commercial real estate mortgage and credit card debt default shoes are still left to drop. Do you think the market has already priced this in, or that perhaps it is not going to be a big enough issue to have an effect on the economy/market? I don’t get to listen to all your shows so I apologize if you’ve addressed this recently.

  22. 25 James August 26, 2009 at 11:59 am

    Hi, Karl, I really like your show. I have a question about TBT trade you talked before. In the past week, it seems that treasuries went up along with the stocks. What’s the driver behind it? Is the TBT trade still on?

    Thanks,

    James

    • 26 keggerss August 27, 2009 at 6:15 am

      I’ve been discussing TBT but as I’ve said on my show several times, I do not have a position on this yet because the charts keep showing weakness. More money is coming into treasuries as the stock market begins to move sideways and investors are nervous. In addition, there’s no signs of inflation. Rather, it’s currently deflation. I’d wait on TBT but keep listening because I’ll discuss when I might enter it.

  23. 27 James September 11, 2009 at 8:18 am

    It has been interesting week, that Bond, Gold and Stock all went up, Dollar is down. Is something wrong here? If the dollar is in downward trend, should the treasuries yield go up and price go down? I am kind of lost in this mixed picture. Can you educate me a little bit?

    • 28 keggerss September 13, 2009 at 5:07 pm

      That’s what makes investing so difficult. The fact that correlations don’t hold true 100% of the time. I still think the dollar will remain under pressure, interest rates will eventually go up in a few months for good, and stocks are still trending up for the next few months. Don’t focus in on just one week.

  24. 29 Andre B. September 15, 2009 at 4:09 pm

    Hello Karl,

    I really enjoying listening to you commentary about the market. I came across a very interesting article today regarding US credit and how its declining at an alarming rate. I and many that I know have witnessed this first hand. If you get a chance I would like to hear your opinion on the matter.

    Thanks,

    Andre B.

    http://www.telegraph.co.uk/finance/financetopics/recession/6190818/US-credit-shrinks-at-Great-Depression-rate-prompting-fears-of-double-dip-recession.html

    • 30 keggerss September 15, 2009 at 6:36 pm

      Andre. There’s no doubt that as many good short-term things that were seeing, there are just as many bad things. But, it’s about time frames. In the short-term, all the stimulus has provided an economy to come back from the brink and actually show some growth. The government has done a lot of things that are great in the short-term but will be trouble down the road. That’s why I expect a good market the remainder of the year but 2010 could be quite challenging. There’s a good possibility we get a double dip recession. Thanks for the link.

  25. 31 Steve Vigil September 24, 2009 at 4:07 pm

    Howdy Karl,

    It’s a good day when I get to listen to you at 8:00 am CDT on KVCE in Dallas, TX. Thank you for sharing your insights.

    I was curious if you’ve ever documented the tools you like to use when analyzing the marketplace. Tools like charting software, real-time quoting service, brokerage you utilize, the computer platform you use, monitors in use, and how you use these tools.

    I’m sure your listeners and readers would find this interesting.

    This might be a good paragraph to add to your ‘About’ page.

    Thanks Karl for taking a moment.

    Steve Vigil
    Colleyville, TX

    • 32 keggerss September 25, 2009 at 6:20 am

      Hey Steve. Unfortunately, it’s like chasing a moving target. With the market changing as rapidly as it does, there are new indicators I use every week, new tools, etc. I wish I had a secret formula I could share but I really don’t. I can tell you I do a lot of research using my Bloomberg machine but most people don’t have access to one of these due to costs.

      Thanks for listening

  26. 33 John October 9, 2009 at 9:55 am

    Hi Karl,
    I recently discovered your show and have been an avid listener for the last several weeks. I also believe that you are an advocate of OTA. I was wondering if you could maybe recommend a book or two to novice investors who would prefer reading rather than taking a week long course that costs $2k? Something that would cover the basics of stock market investing, principals of fundamentals and technical analysis, and some of the key indices. I believe that OTA emphasizes stops and preventing losses, especially as a novice. So a book that would cover the specifics of these strategies would be helpful.

    I certainly appreciate your time.

    • 34 keggerss October 10, 2009 at 8:07 am

      I wish there was a book that really taught trading. But, I think there’s no substitute for actually doing it. That’s what OTA does is teach you how to do it and then let you do it with their money. There are several trading books out there but honestly I’ve never read any of them. I just taught myself by practicing.

  27. 35 Mike in Mobile Alabama October 12, 2009 at 10:08 am

    Karl,

    I didn’t get to ask you on the radio today if you knew of an etf that would aud / gbp.

    Thanks, Mike in Mobile

  28. 37 Scott Logan October 12, 2009 at 7:47 pm

    Karl,
    I wanted to thank you for taking the time to “invest” in my son (Drake Logan) after the “World Without Economic Borders” strategy session in Dallas on October 7th. You gave him some advice that really made sense for his age. He has been saving his money diligently for several years and wants to begin learning how to take the next steps. Hearing the story of how you started in the investment world as well as your presentation at the session should give him a great foundation on his own path as an investor.

    Thank you,
    Scott Logan

    • 38 keggerss October 13, 2009 at 3:51 pm

      Thanks for the nice words Scott. It was a pleasure meeting you both and I hope he has success. Starting young is never a bad thing.

  29. 39 Mike October 13, 2009 at 12:56 pm

    Karl,

    what do you think about the technicals and fundamentals of ticker: SVM Silvercorp Metals Inc? pays a divy and low debt to cash.

    • 40 keggerss October 13, 2009 at 3:50 pm

      The technicals are fine but I haven’t looked at the fundamentals to comment on them. Certainly, they are in a good sector right now.

  30. 41 Mike Miller October 28, 2009 at 11:16 am

    Karl,
    I have listened to biz for quite some time and believe like you and Dan that bonds will have to fall sometime. I hear Dan Friday and you today speak of solutions. Specifically, you suggested working a structured product with Society General.

    I’m experienced in futures and options. Can you please give me the basic outline, structure, or product that you are using?

    Thanks
    Mike

    • 42 keggerss October 29, 2009 at 1:30 pm

      We created a one offering meaning it’s the only bond in the world of its kind. It’s backed by Societe Generale, 4-year maturity and gives us 2X the opposite of U.S. treasury prices.

  31. 43 Ken T. October 29, 2009 at 1:24 pm

    Karl,

    What do you think about this pair trade: long AAPL and short DELL?

    • 44 keggerss October 29, 2009 at 1:29 pm

      We’ve certainly seen a fall in Dell and breaking the uptrend but I’m bullish on them because of the changes they are making in their business. I’d rather see you maybe short a really bad tech company or technology retailer. Maybe too late for CONN but something like that.

  32. 45 julian November 9, 2009 at 1:07 pm

    Hi Karl,

    Been following the blog and your radio show in the mornings here in Dallas now for some time.

    I had a question about portfolio trackers and hope this is the proper forum to ask.

    I use MSN Money and also Yahoo Finance to track my positions but i’m looking for a portfolio tracker that will give me my returns on a 1 Week, 1 Month, 3 Month, 6 Month, 1 Year and Total Return basis.

    Can you recommend any website or software that I might be able to use?

    Thank you.

    -Julian

    • 46 keggerss November 10, 2009 at 10:11 am

      I think those two you mentioned may be the best Julian. I really don’t know of any others unless you use Quicken software which works ok for that.

  33. 47 Steve November 19, 2009 at 10:59 pm

    Karl – How does a “working stiff” with an 8-5 job (and can’t be in front of the screen all day) profit from the commodities China is currently purchasing (for instance – copper) but not get caught up in in the massive sell-offs that occur when owning the stock (i.e. pcu) even though the demand is there?

    thanks, Steve

    • 48 keggerss November 20, 2009 at 7:10 am

      Hey Steve,

      One option is to look at managed futures or have someone manage that part of your portfolio for you. You’re correct. This is an area you have to trade and watch. It’s just too volatile to buy & hold.

  34. 49 Julian December 7, 2009 at 11:12 am

    Hi Karl,

    Love the Depeche Mode music when you play it on the show.

    You mentioned some shipping companies a few posts ago in your blog, are those your favorite? Any thoughts on SFL? The dividend yields with some of these companies look very attractive and was wondering what your experience was with them sustaining those levels?

    Thank you for the information.

    Also, is your show still on 1160 am in Dallas? Seems like the format has changed in the last week?

    -Julian

    • 50 keggerss December 7, 2009 at 11:20 am

      Julian,

      Yes, we switched to AM990 in DFW. As far as shipping, SFL certainly looks the best right now. The other ones are really small. Another one besides SFL is NAD, which is bigger, but doesn’t look as good technically.

  35. 51 Mike in Mobile Alabama December 30, 2009 at 1:13 pm

    I noticed you’re not on bizradio anymore. Is there anything you can tell your fans?

  36. 52 Franklin Myers January 5, 2010 at 3:05 pm

    I was a regular listener of your show from my car in Houston. I really hate to see you move, but life brings changes. All the best in whatever next may be. I hope you keep the blog going if you stay trading (which I assume you’ll do).

    Thank you for the insights into your reads on the markets.

    –fm

  37. 53 Rich January 8, 2010 at 8:21 am

    Biz radio will not be the same without old Dan’s sidekick I have seen you nany times in person in Houston you were informative and credible. Biz radio is getting diluted the only decent one on there is Dan. I cant beleive they replaced you with that idiot Blyer, I guess Ill go back to listening to the BBC in the morning. Thanks for yor efforts on Biz radio, I will continue to look at your blog.

  38. 54 James January 22, 2010 at 10:31 pm

    Karl,

    I really missed your show and I don’t listen to BizRadio anymore. Good luck with your new adventure. I believe you will succeed. One question about shorting the long term treasuries. I know you had made it a long term bet. Are you concerned that this country may well follow Japan’s path after QE. Japan ran up its debt to 200% GDP, it still is in deflation danger rather inflation. Everyone forecast that US will have low growth in the next 5-10 year. Japan has very low unemployment rate v.s. us high unemployment rate. So, I think the danger of deflation is in horizon and long term Treasuries interest should reflects long term growth rate. What is your thoughts?

    Another question I have may sound stupid. It puzzled me for a long time. For the short selling stock during last year crash, who are the major lender to the short seller? Mutual funds? Institution? are they stupid to earn a few points of interest, but saw their own holding was trashed by the short seller. or those money manager don’t care since they manage other people’s money. I knew if I were a stock owner, I would not lend out my stocks to short sellers to let me to trash my holdings. Is it that simple?

    • 55 keggerss January 23, 2010 at 2:44 pm

      I’m a little conflicted on rates right now. I still believe they’ll rise but there is certainly building evidence that perhaps rates could (COULD) stay low for some time. After all, they have risen from the lows quite a bit. But, I think there’s a balanced approach where you won’t get burned by higher rates or extremely low rates. I expand on this in next week’s podcasts.

      As far as your second question, there is always a buyer, but the question is at what price? There are no buyers until prices get to a point where someone buys and is enticed to. But, the bigger issue was hedge funds selling stocks short in 2008 without any real stock backing it. When you short a stock, you have to borrow the actual shares. Big hedge funds were shorting air and then buying back air and that caused prices to fall faster. So, the answer is that usually there is a buyer but in 2008, there were short sellers pushing prices down with nothing really backing their trade.

  39. 56 Bob Graham February 5, 2010 at 5:36 pm

    Karl, I keep scanning the radio hoping that you have moved and not abandoned all of us who learn from your show.
    Not to diminish the value of the blog, but you can say more, and make more sense in 30 minutes than anybody else I have tried to listen to.

    Are you still off the air or are you just hiding from us?


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