The world is about to suffer an acute shortage of equity capital over the next eight years, which could total $12.3 trillion. That is the conclusion of the McKinsey Global Institute, an affiliate of McKinsey &Co., a great well of long-term economic thinking which I have been drawing from for the last 40 years. The [...]
Archive | February, 2013
February 13, 2013 – Quote of the Day
“The journey is the reward,” said the late Apple founder, Steve Jobs.
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Trade Alert Service Posts New All Time High
The Trade Alert Service of the Mad Hedge Fund Trader has posted a 23.76% profit year to date, taking it to another new all time high. The 26-month total return has punched through to an awesome 78.81%, compared to a miserable 14% return for the Dow average during the same period. That raises the average [...]
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Don’t Get Caught in the Next Real Estate Bubble
Before you place a down payment on that next home, consider that you are voluntarily becoming dependent on government welfare, reliant on massive subsidies, and may become the next ward of the state. Don’t kid yourself that the housing market has become anything but another bubble driven by artificially low interest rates and lax lending [...]
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Why Water Will Soon Become More Valuable Than Oil
If you think that the upcoming energy shortage is going to be bad, it will pale in comparison to the next water crisis. So investment in fresh water infrastructure is going to be a great recurring long-term investment theme. One theory about the endless wars in the Middle East since 1918 is that they have [...]
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Testimonial
First and foremost, thank you for what you do. The small cost of this newsletter pays for itself a thousand times over. My returns mimic those of your portfolio for the year and for that I am grateful. The only suggestion I would offer is to keep doing what you are doing. It is people like [...]
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February 12, 2013 – Quote of the Day
Steve Jobs offered me one third of Apple for $50,000 and I was so smart that I turned it down. It’s funny when you think about it now, except when I’m crying,” said Nolan Bushnell, the founder of game company Atari, and Jobs’ first employer.
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Is It Time to Buy Technology Stocks?
Call it the shot heard round the world. David Einhorn’s lawsuit against tech goliath Apple (AAPL) has focused a giant spotlight on what has been one of the worst performing stock market sectors of 2013– large old technology stocks. Could this be the set up for the biggest sector rotation of the year? Most of [...]
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An Afternoon With California Governor Jerry Brown
On my last trip to my lakefront estate at Lake Tahoe, I stopped off at the state capital, Sacramento, to look in on my old friend, Governor Jerry Brown. It is crucial that readers across the country, and indeed, around the world, know what Jerry is thinking. California has always been a “pathfinder” state, and [...]
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February 11, 2013 – Quote of the Day
“Apple will never be a consumer products company,” said John Sculley, the Apple CEO who fired Steve Jobs in 1985. Today Apple is the world’s largest and most profitable consumer products company.
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How This Bull Market Will Die
The universal question in the market today was “Why is it down” when all the news was good? The weekly jobless claims dropped 5,000 to 366,000, near a five-year low, confirming that the jobs recovery is still on track. Activist shareholder, David Einkorn’s, lawsuit against Apple (AAPL) to unfreeze its cash mountain should have boosted [...]
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April 12 San Francisco Strategy Luncheon
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 12, 2013. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll be giving you my up to date view on stocks, [...]
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- May 22, 2013
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July 25 Portofino, Italy Strategy Luncheon
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Five Stocks to Buy for the Second Half
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Testimonial
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May 22, 2013 – Quote of the Day
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July 25, 2013, Portofino Strategy Luncheon
- May 21, 2013
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July 2 New York Strategy Luncheon
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End of the Commodity Super Cycle
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May 21, 2013 – Quote of the Day
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SOLD OUT! San Francisco November 4th Strategy Luncheon
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My 2012-13 Stock Market Forecast.
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Last Chance to Come Join Me for the Paris Strategy Luncheon – July 17, 2012
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Will Gold Coins Suffer the Fate of the $10,000 Bill?
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My Personal Leading Economic Indicator
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SOLD OUT! December 27 Chicago Strategy Luncheon
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An Evening With the Chinese Intelligence Service
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Take a Look at Occidental Petroleum (OXY)
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Another Nail in the Euro Coffin
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Sold Out! Las Vegas January 27, 2012 Strategy Luncheon