Eric Fry’s Wealth Acceleration Summit (All You Need to Know)

I’ve been getting a few emails about Eric Fry’s Wealth Acceleration Summit lately, so I decided to take a closer look to see what it was all about.

In short, the Wealth Acceleration Summit is an “interview” between host Brit Herring and investment analyst Eric Fry designed to pitch a stock advisory called Fry’s Investment Report.

During the presentation, Eric talks about a “new Technochasm technology” that he says is creating a wealth gap in America and how it could generate $56 trillion in new wealth for those who are on the “right side” of this trend.

What’s it all about? Is it a legitimate opportunity? And is Fry’s Investment Report worth joining?

If you want answers to these questions, keep reading. I’m going to shed some light on these topics (and more) to help you decide if Fry’s Investment Report is worth joining.

Eric Fry’s Wealth Acceleration Summit

The Wealth Acceleration Summit centers around a “new technology” that Eric Fry believes will turn the existing wealth gap into a “Grand Canyon.”

Eric Fry with Brit Herring during the Wealth Acceleration Summit on the InvestorPlace website.

It’s no secret that there’s a huge divide between the rich and poor worldwide. However, Eric Fry mainly focuses on the U.S. He talks about how wealthy tech entrepreneurs added $1 trillion to their wealth during the pandemic while many hard-working Americans are struggling.

He also talks about how more and more people are becoming millionaires than ever before, which reminded me of Luke Lango’s “The Quickening” presentation. The overall theme was very similar, but Luke Lango and Eric Fry appear to be bullish on different stocks.

In any case, Eric Fry refers to the wealth gap in America as the “Technochasm” because he believes it’s driven by the “ever-increasing speed, power, and progress of technology.” In other words, a divide between the “haves” and “have nots” caused by technological progress.

According to Eric Fry, the “Technochasm” has always existed, just with different technologies, and it wasn’t happening at as rapid a pace.

For example, he likens what we’re seeing now to the invention of the wheel, printing press, steam engine, and the computer. And how those who mastered these emerging technologies at the time made more money than those who didn’t.

Today, Eric believes we’re witnessing a similar situation unfold, except at an accelerated pace. And he points out numerous examples of how big tech companies are thriving while countless “brick and mortar” businesses are failing.

He also says that The Law of Accelerating Returns is the primary reason his “Technochasm” thesis is unfolding at such an accelerated rate. In other words, this is why he believes the wealth gap is accelerating in the U.S. faster than ever before.

What is the Law of Accelerating Returns? It’s similar to Moore’s Law and numerous other “laws” that are essentially grounded in the concept of exponential growth.

In short, exponential growth is when the rate of change accelerates in a non-linear fashion. For example, instead of something growing at a steady, predictable pace, it doubles every year to the point where the growth gets more and more extreme each consecutive year.

Another example of exponential growth, which you may find hard to believe, is that if you fold a piece of paper 42 times, it will reach the moon. And this article explains how.

Anyway, long story short, Eric Fry believes that both technological innovation and technology adoption are growing at an exponential rate, to the point we could see 1,000 times more growth this century than in the previous century.

In the 21st century we will see almost a thousand times the technological advances we saw in the previous century.


Another central part of Eric Fry’s Technochasm thesis is how he believes one “platform technology” will impact many other industries like virtual reality, the Internet of Things, and artificial intelligence, for example.

He likens the concept of a “platform technology” to electricity and the internet since these have been essential to many other innovations that came afterward. And according to Eric, the platform technology he’s referring to is 5G technology.

This is the “new Technochasm technology” Eric is referring to in the presentation. It was also the focus of a different presentation called the 2021 Tech Supercycle Summit, which he did with Louis Navellier recently. In short, Eric Fry is super bullish on 5G technology:

… I think 5G will be the best opportunity many people will ever have to see small investments turn into incredible wealth.

Why is he so bullish on 5G?

Eric points out that many people assume 5G is just an upgrade from 4G and how this couldn’t be further from the truth. And he builds a case for how it could be the single most disruptive innovation of our time.

He says it has the potential to change virtually every industry in the world. From medicine, retail, and gaming to farming, telecommunications, and the automotive industry. All told, he says it could “generate $56 TRILLION in new wealth” and that this will occur in “3 big waves.”

Eric sees the first wave of opportunity within 5G infrastructure as things like cell towers and networks are built out.

The second is about “applied technologies” that Eric says will replace the stuff we’re familiar with as 5G technology enables innovation in entertainment, finance, communications, etc.

And lastly, Eric says entirely new industries will open up that nobody has even thought of yet.

How does he recommend investors profit from 5G?

Eric Fry says there are “three simple steps you absolutely must take” to “put yourself on the right side of the exploding 5G trend.” Here’s an overview of each step:

  • Step one is about “purging” your portfolio of any companies that are going to be disrupted by the emergence of 5G technology. For example, brick and mortar stores and banks. And Eric says there are over a dozen specific companies he recommends removing from your portfolio in a report titled “The Portfolio Purge.”
  • Step two is about adding Eric’s top 5G stocks to your portfolio. He says one of these is “ranked #1 for ownership of 5G patents,” another sells a “new hardware that can transmit 25 HD movies in just a single second,” and another is involved with 5G infastructure in the U.S. Eric Fry details each of his 5G picks in a report titlted “5G Plays Every Investor Should Own.”
  • The third and final step in Eric Fry’s plan is to join his stock advisory service, Fry’s Investment Report. This costs between $49 to $129 per year to access and, as a subscriber, you get monthly stock picks, research, and insights from Eric Fry and the team at InvestorPlace.

I’ll go into more detail on how Fry’s Investment Report works in a moment but for now, let’s take a quick look at one of the stocks he recommends buying during the presentation.

What Is Eric Fry’s 5G “Technochasm” Stock?

During the Wealth Acceleration Summit, Eric Fry reveals the name and ticker of one company he’s bullish on right now as part of his 5G Technochasm thesis: Akamai Technologies (AKAM).

Eric says Akamai Technologies is a “big 5G winner” for two reasons.

One is that it’s supposedly the leader in edge computing, which Eric describes as the “part of the internet that’s closest to end users.” But, of course, that’s not enough to explain what it is, so I took to Wikipedia, which had the following to say about edge computing:

Edge computing is a distributed computing paradigm that brings computation and data storage closer to the sources of data. This is expected to improve response times and save bandwidth.


Another reason Eric says he’s bullish on this company has to do with its focus on cybersecurity. Specifically, he says, “Akamai has quietly become a leader in every area of network cybersecurity you can name” and shares his complete analysis in the report I mentioned earlier.

That is the only stock Eric mentions in the presentation. However, there are numerous other 5G and tech-related opportunities he’s interested in. And he shares these with subscribers of Fry’s Investment Report.

For example, as a subscriber, you learn about an energy storage company he’s interested in, an electric vehicle company he says is “poised to be the dominant leader in EVs,” and says an “innovative way to participate in the SPAC trend at a discount.”

In the next section, we’ll take a closer look at how the service works and what you get if you decide to join to give you a better idea of what to expect.

Overview of Fry’s Investment Report

Fry’s Investment Report is Eric Fry’s flagship stock advisory service. Its primary focus is on “big-picture trends” (AKA macroeconomic trends) and long-term, buy and hold stocks that Eric Fry believes have the potential to produce 1,000% gains in the years ahead.

Not every recommendation he provides has seen those sorts of gains. However, according to the InvestorPlace website, 40 of Eric Fry’s picks have seen 1,000% gains, and 20 have seen 500% or more. And they have been across a variety of sectors, not just tech.

For example, here are some of Eric’s picks across different sectors:

  • Ericsson Telecom (5,075%) – telecommunications.
  • Freeport McMoRan (1,080%) – mining.
  • GFPT (5,997%) – poultry.
  • Royal Garden Resorts (11,237%) – hospitality.
  • Bitcoin (7,992%) – store of value.

These are impressive gains, but worth mentioning is that InvestorPlace also states that the average gain in Fry’s Investment Report in 2020 was 35%.

That is still awesome, but it does show that not every stock recommendation will be a winner. All investments carry risk, so you should expect to lose some bets, too.

What do you get if you join the service?

The main aspect of Fry’s Investment Report is the monthly newsletter. As a subscriber, you get a new issue of the report each month for 12 months. And each one highlights a new recommendation from Eric Fry along with the reasons why he’s interested in the company.

You also get access to the member’s area, which provides you with resources like the model portfolio so you can track Eric’s recommendations and some bonus research reports.

The bonus reports you receive depend on which page on the InvestorPlace website you sign up on and what membership option you choose (there are three options). All of them come with access to the monthly reports; it’s mostly the bonuses that differ.

Here’s an overview of each membership option:

  • Basic membership ($49 per year): Comes with two bonus reports – “The Portfolio Purge” and “5G Plays Every Investor Should Own.”
  • Premium membership ($79 per year): Same as above but comes with a digital book written by Brian Hunt, CEO of InvestorPlace, called Silicon Valley Supercycle.
  • Deluxe membership ($129 per year): Comes with everuthing from the previous two membersjops but with access to a webinar event called “The Eric Fry Webinar.”

Can you get a refund?

Yep, Fry’s Investment Report comes with a 365-day money-back guarantee.

Is Eric Fry the Real Deal?

Yes, Eric Fry is a legitimate investment expert.

Aside from his track record, which I talked about earlier, Eric is a former broker, entrepreneur, and hedge fund manager with over 20 years of experience.

During that time, the InvestorPlace website says that his primary focus has been on international investment strategies and short-selling.

The former explains why some of his past recommendations have been focused on overseas companies, and no doubt makes him popular among those seeking to diversify their investments geographically. And the latter, short-selling, is about betting on a company doing poorly.

In other words, you are making money if the stock price tanks.

Eric has also won investment competitions (like Portfolios With a Purpose in 2016), called some of the most significant market tops in recent history, and has been featured on numerous financial outlets like Wall Street Journal, Barron’s, USA Today, Money, and Time (among others).

To sum it up, based on my research, Eric appears to be an expert at both picking long-term winning stocks and identifying companies that aren’t doing very well.

His flagship service is Fry’s Investment Report, but he also runs a service called The Speculator, which leverages options, and a free email newsletter called Eric Fry’s Smart Money.

Is Fry’s Investment Report Worth $49?

In my opinion, as a self-directed investor, $49 is a small price to pay for 12 months worth of insights and stock picks from an expert like Eric Fry.

Of course, you shouldn’t expect every recommendation to see 1,000% gains. In fact, it’s almost guaranteed that some stock picks will end up losing money. But overall, Fry’s Investment Report has a solid track record and has been around for many years.

So it could be worthwhile depending on your goals and investing preference.

For instance, if you’re someone who is looking to make strategic, long-term investments and don’t want to have to look at your portfolio every day, this is ideal. Especially if you don’t want to spend too much money to sign up.

On the other hand, if your goal is to make fast gains or you want a service exclusively focused on one sector, like technology or natural resources, this may not suit you.

So it depends on what you’re looking for. Either way, Fry’s Investment Report is a legitimate service, and it comes with a fair refund policy, so there’s not a lot to lose in giving it a go.

Just keep in mind that there are no guarantees you’ll make money with this service. So even though you might make incredible returns, only invest what you can afford to lose.

Bottom Line

Eric Fry’s Wealth Acceleration Summit is all about how the “Technochasm” is creating a tech-fueled wealth gap in America that Eric says is being accelerated by exponential growth in technology advancement and adoption.

During the presentation, Eric mentions one technology he’s particularly bullish on, 5G, and one stock he believes is at the forefront of this emerging trend – Akamai Technologies.

He also details other 5G and technology-related stocks he’s interested in, along with a bunch of stocks he recommends dumping, in two research reports he put together. One is called The Portfolio Purge, and the other is called 5G Plays Every Investor Should Own.

And the only way to access these reports is to subscribe to Fry’s Investment Report for $49. As mentioned, whether or not this service is worth joining depends on your preference, but it is a legitimate advisory and could be worth checking out if you’re a long-term investor.

Whatever you decide, I hope you found this helpful.

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