Followers of the Mad Hedge Technology Letter have the good fortune to own a deep in-the-money options position that expires on Friday, November 15, and I just want to explain to the newbies how to best maximize their profits. This involves the: the Boeing (BA) November 2019 $300-$310 in-the-money vertical BULL CALL spread The total
Publishing magnate and self-described populist William Randolph Hearst was a deep admirer of Adolph Hitler and did not shy away from using his newspapers as a de-facto mouthpiece spouting off der Fuhrer's propaganda. Hearst created content sympathizing with the Nazi ethos and even mobilized an embedded secret agent from the German government to act as a correspondent
The first major industry to be fundamentally disrupted by artificial intelligence will be healthcare, America’s last 19th-century industry. Major diseases are being cured at such a dramatic pace that if you can survive the next decade, chances are you can live forever. DNA is the software of life and spending $3 billion to decode it by
I have never been one to run with the pack. I’m the guy who eternally marches to a different drummer, not in the next town, but the other hemisphere. I would never want to join a club that would lower its standards so far that it would invite me as a member. (Groucho Marx told
Having been at the inception of the international trading order, first for The Economist magazine and later with Morgan Stanley, I can tell you that the initial reasons for unleashing globalization have long been forgotten. It’s really very simple. If someone is making a ton of money off of you, they are less inclined to
When the legendary economist, John Maynard Keynes, was asked if the world had ever seen a Great Depression before, he responded, “Yes, it was called the Dark Ages, and it lasted 400 years.”
The focus of this letter is to show people how to make money through investing in fast-growing, highly profitable companies which have stiff, long-term macroeconomic winds at their backs. That means I ignore a large part of the US economy, possibly as much as 80%, whose time has passed and are headed for the dustbin
Lately, my inbox has been flooded with emails from subscribers asking how to hedge the value of their homes. This can only mean one thing: the residential real estate market has peaked. They have a lot to protect. Since prices hit rock bottom in 2011 and foreclosures crested, the national real estate market has risen
It’s been three years since I published my first Special Report on artificial intelligence and urged readers to buy the processor maker NVIDIA (NVDA) at $68.80. The stock quadrupled, readers are understandably asking me for my next act in the sector. The good news is that I have one. For a start, you could go
I have been in the much-talked-about and often despised 1% for most of my adult life. I started my relentless march towards wealth and financial independence when I was 11 years old and landed a job delivering newspapers for the Los Angeles Herald Examiner, an old Hearst rag, earning $30 a month. I’ll never forget