November 2, 2020 - Quote of the Day
“That money talks I can’t deny. I heard it once, and it said “goodbye,” said Dee Miller.
Entries by MHFTF
October 28, 2020 - Quote of the Day
“The United States is afflicted with new eras. Let us not think that the current illusion is unique. It is intimately part of the American character," said the great American economist, John Kenneth Galbraith.
11 Surprises that Would Destroy This Market
Note to readers: Sorry for the short letter today but PG&E is about to turn off my electric power to reduce the risk of a wildfire during these high, hot winds from the east so I’m sending you just a few quick thoughts. The Teflon market is back. Bad news is good news. Good news
November 19, 2019 - Quote of the Day
“First, get your facts straight. Then, distort them at your leisure,” said the humorist, Mark Twain.
What I Told My Biggest Hedge Fund Client
This week, I had to fly off to a party given by my biggest hedge fund client at the Penthouse Suite at the Bellagio Hotel in Las Vegas. And what a party it was! The showgirls were flowing hot and heavy, roaming magicians performed magic tricks, and there was the odd fire-breather or two. For
Why Financial Advisors Are Going Extinct
About one-third of my readers are professional financial advisors who earn their crust of bread telling clients how to invest their retirement assets for a fee. They used to earn a share of the brokerage fees they generated. After stock commissions went to near zero, they started charging a flat 1% a year on the
The ABCs of the VIX
I am one of those cheapskates who buy Christmas ornaments by the bucketload from Costco in January for ten cents on the dollar because my 11-month theoretical return on capital comes close to 1,000%. I also like buying flood insurance in the middle of the summer drought when the forecast in California is for endless
July 15, 2019 - Quote of the Day
"We are unicorn hunters." - Said Founder and CEO of SoftBank Masayoshi Son
Five Stocks to Buy at the Bottom
With the Dow Average down 1,400 points in six trading days, you are being given a second bite of the apple before the yearend tech-led rally begins. So, it is with great satisfaction that I am rewriting Arthur Henry’s Mad Hedge Technology Letter’s list of recommendations. By the way, if you want to subscribe to
March 11, 2019 - Quote of the Day
“For myself, I am an optimist. It does not seem to be much use being anything else,” said British WWII Prime Minister, Winston Churchill.