I strongly urge readers of this letter to log on to Amazon and buy a copy of Options for the Beginner and Beyond by W. Edward Olmstead. Options contracts offer investors a wonderful instrument for minimizing risk while maximizing the upside, and I am going to recommend many more such strategies in the future. So,
We are now in the throes of a market correction that could last anywhere from a couple of more week to a couple of months. So, generational opportunities are starting to open up in some of the best long term market sectors. Suppose there was an exchange-traded fund that focused on the single most important
Reduce the supply on any commodity and the price goes up. Such is dictated by the immutable laws of supply and demand. This logic applies to technology stocks as well as any other asset. And the demand for American tech stocks has gone global. Who is pursuing American technology more than any other? That would
Asset allocation is the one question that I get every day, which I absolutely cannot answer. The reason is simple: no two investors are alike. The answer varies whether you are young or old, have $1,000 in the bank or $1 billion, are a sophisticated investor or an average Joe, in the top or the
Having trouble raising capital for your new hedge fund? Just list Warren Buffet as your “Honorary Chairman.” That’s what California prison guard Ottoniel Medrano did. To help his marketing efforts, he also claimed that he had $4.8 billion in assets under management as well as massive real estate holdings somewhere in Asia. Medrano’s International Realty
"Markets will over value what you can quantify," said Ann Lamont at Oak Investment Partners, referring to the extreme high prices for public companies versus the discount valuations of private ones.
FANGS, FANGS, FANGS! Can’t live with them but can’t live without them either. I know you’re all dying to get into the next FANG on the ground floor, for to do so means capturing a potential 100-fold return, or more. I know because I’ve done it four times. The split adjusted average cost of my
While driving back from Lake Tahoe last weekend, I received a call from a dear friend who was in a very foul mood. Following the advice of another newsletter whose name I won’t mention, he bailed out of all his stocks during the December meltdown. He was promised that Armageddon was coming, and the Dow
Multinationals, Global development economists, and armchair military strategists are all watching with great interest China’s plans to build a Grand Nicaragua Canal. The government in Managua inked a deal with a Hong Kong-based consortium in 2013 led by telecommunications magnate Wang Jing and broke ground on a minor access road on December 22. But that
"Risk is measurable. Uncertainty is not" said Sandra Navidi, CEO of Beyond Global, and international macro economic consultancy