“You want to hire the guy with an IQ of 130 who thinks it’s 120. The guy whose IQ is 150 but thinks it’s 170 will kill you every time.” said Warren Buffet’s partner, Charlie Munger.
Global Market Comments December 1, 2023 Fiat Lux Featured Trade: (NOVEMBER 29 BIWEEKLY STRATEGY WEBINAR Q&A), ($VIX), UNG), (PANW), (SNOW), (HACK), (MSFT), (AAPL), (FCX), (TSLA), (F), (GM), (LLY), (CVX), (XOM), (RIVN), (TLT)
Below please find subscribers’ Q&A for the November 29 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: How much longer can the United States Natural Gas Fund (UNG) remain at such low levels? A: They call this contract “The Widow Maker” for a reason. As long as the weather is
“What I needed to get a head was to outperform the idiots. Fortunately, there is a large supply of idiots,” said Warren Buffet’s lat partner, Charlie Munger.
Global Market Comments November 30, 2023 Fiat Lux Featured Trade: (SO WHAT IS YOUR “INFLUENCER” SCORE) (REPORT FROM THE ORIENT EXPRESS)
I was awoken from a dead sleep in the middle of the night in my suite on the Orient Express by a juddering halt and the smell of burning breaks in the air. We were somewhere high in the Swiss Alps, and every single passenger on the all-first-class train had to be thinking that a
“I’ve always been big on lowering expectations. That’s how I got married, my wife lowered her expectations,” said Warren Buffet’s late partner, Charlie Munger.
Global Market Comments November 29, 2023 Fiat Lux Featured Trade: (AND MY PREDICTION IS….), (HOW TO “SNOWBALL” YOUR FORTUNE WITH BENJAMIN FRANKLIN)
Old Benjamin Franklin, one of the fathers of our country, was a pretty smart guy. Not only was he a publisher, scientist, postmaster general, ambassador to the court of Louis the XVI, and delegate to the constitutional convention. He also understood the basic mathematics that underlay modern investment theories centuries ahead of time. When the
“Investors who go into trading crypto currencies hear someone is trading turds and decide they can’t be left out,” said Warren Buffet’s partner, Charlie Munger.
Global Market Comments November 28, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE DECEMBER TRADERS & INVESTORS SUMMIT IS ON!) (WHAT’S NEXT?)
A Dow Average up 11 days in a row? Yikes! The last time I saw this, in 1987, Armageddon ensued. It hailed fire and brimstone, and dogs and cats lay together. Excuse me for being nervous, but I am still hanging on to my 100% invested position. And you know what is even scarier? Almost
Global Market Comments November 27, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or MELT UP), (MSFT), (NLY), (BRK/B), (CCJ), (CRM), (GOOGL), (SNOW), (CAT), (XOM), (TLT)
If you think the market performance for the past month has been spectacular, you have seen nothing yet. We have two major positive catalysts that are about to hit stock prices. On December 10, we will see a lower-than-expected Consumer Price Index, driving yet another stake through the heart of inflation. On December 13, we
“If we’re able to produce a general purpose robot that could observe you and learn how to do a task, that would supercharge the economy to a degree that would be insane….Working could become a choice,” said Elon Musk, founder of PayPal, Space X, Tesla, Solar City, The Boring Company, Neuralink, and owner of “X”,
Global Market Comments November 24, 2023 Fiat Lux Featured Trade: (MY UPDATED PERSONAL ECONOMIC INDICATOR), (HMC), (NSANY), (GM), (F), (TSLA) (HERE IS YOUR TOP PERFORMING INVESTMENT FOR THE NEXT FIVE YEARS), (ITB), (PHM), (KBH), (DHI) (TESTIMONIAL)
There is no limit to my desire to get an early and accurate read on the US economy, which at the end of the day is what dictates the future of all of our trades and investments. I flew over one of my favorite leading economic indicators only last weekend at the controls of a
Will gold be your best-performing asset for the next five years? Is it high-growth technology stocks? Energy stocks? Or maybe biotech shares? How about French collectible postage stamps or vintage racing cars? Nope, you’re not even close. I’ll give you a hint: you’re probably sitting in it. Yes, the best-performing investment you will own for
Dear John, I want to thank you for the outstanding conference in Miami. The hotel and food were first class along with the very informative presentations. I felt that the information I learned will more than pay for the trip. Hope to see you in Incline Village. Thanks Rich Detroit, Michigan
“Instead of buying low and selling high, you’re buying high and crossing your fingers,” said Bill Gross, former head of the bond giant PIMCO.