Yeah, his whole thinking on mortgages doesn't mesh well with my thinking.
I recall hearing him advising folks to keep a hefty mortgage and use the money to invest with - I'm pretty sure I heard him advise callers to take out second mortgages and invest the cash, but that was a long time ago. He stopped talking about that after the subprime debacle, but over the last fews years it's crept back into his show on accessions.
My take is that either he likes leverage way more than I do or he's simply interested in getting more of people's asset into investments so he can collect more of a fee. It's probably both.
Still I listen to his show on occasion. Most of his advice is reasonable and when I don't agree with him, it makes me think.
He and Bob Brinker are the two radio investment folks I listen to. They both have their shortcomings, but both offer a fair amount of useful information.
And no way would I put my own money under his firm's care.