Global Market Comments October 24, 2023 Fiat Lux Featured Trade: (POPULATION BOMB ECHOES), (MOS), (AGU), (WEAT), (CORN), (SOYB), (RJA) (A SHORT HISTORY OF HEDGE FUNDS)
Legendary Fortune Magazine editor, Winslow Jones, created the first hedge fund out of a shabby office on Broadway Avenue in New York City in 1948 and generated monster returns over the next 20 years. He got the idea of a 20% performance bonus, now an industry standard, from ancient Phoenician sea captains who kept a
“Wall Street denizens are always ready to suspend disbelief when dubious maneuvers are used to manufacture rising per-share earnings , particularly if these acrobatics producer mergers that generate huge fees for investment bankers,” said Oracle of Omaha, Warren Buffet.
Global Market Comments October 23, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WAS THAT THE CAPITULATION?), (SPY), (TLT), (TSLA), (NVDA)
It’s very relaxing writing here in West London, recovering from my injuries. No air raid alerts, no incoming missiles, no heavy artillery. The people you encounter are upbeat and optimistic, not haggard, sleep-deprived, and war-weary. I just knock out a newsletter and then head for the King’s Head for a pint of Guinness and a
Global Market Comments October 20, 2023 Fiat Lux Featured Trade: (TESTIMONIAL) (OCTOBER 18 BIWEEKLY STRATEGY WEBINAR Q&A), (LMT), (MS), (GOOG), (NVDA), (TSLA), (MSFT), (AMZN), (APPL), (META), (FXI), (RIVN), (NFLX)
Thank you so much for that Ukraine trip and for the great webinar this morning, I couldn’t be more grateful that I stumbled across you and get all the insight that you offer. Bless you John. Charles Las Vegas, Nevada 2023 Army Mine School in Kiev
Below please find subscribers’ Q&A for the October 18 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from London England. Q: Is Nvidia (NVDA) a buy at the current price? A: Absolutely, if your view is more than, say, a month. This stock will easily be $1,000 in the next year or two. They have
Global Market Comments October 19, 2023 Fiat Lux Featured Trade: (WHO WAS THE GREATEST WEALTH CREATOR IN HISTORY?) (FB), (AAPL), (GOOG), (AMZON), (XOM), (BRKY), (T), (GM), (VZ), (CCA), (WHY DOCTORS MAKE TERRIBLE TRADERS?)
Who’s been buttering your bread more than any other? Which publicly listed company has created the most wealth in history? I’ll give you some hints. The founder never took a bath, was a devout vegetarian, and dropped out of college after the first semester. The only class he finished was for calligraphy. And he was
At one of my recent Strategy Luncheons, I had the pleasure of sitting next to an anesthesiologist who was a long-time reader of my research. As much as he loved the Diary of a Mad Hedge Fund Trader, he confided in me that his trading results were awful. I told him I knew why. Doctors,
When you look at the size of the US workforce over the next 30 years, it is going to increase by 30%. That compares to Japan, where it is going to be shrinking, Europe, where it is contracting, and even China, where it turns down. The idea that the baby boomers are going to overwhelm
Global Market Comments October 18, 2023 Fiat Lux Featured Trade: (OCTOBER 31 MIAMI FLORIDA STRATEGY LUNCHEON) (ORDER EXECUTION 101)
Global Market Comments October 17, 2023 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 20 LONDON, ENGLAND STRATEGY LUNCHEON) (WHY THE “UNDERGROUND” ECONOMY IS GROWING)
“We are not going to get the returns in the next five years that we got over the last five years,” said Ed Keon, managing director of Quantitative Asset Management.
Global Market Comments October 16, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or TAKING SOME FIRE) (USO), (UUP), (JPM),
I am writing this letter in a Ukrainian army truck on the banks of the Black Sea right where the Dnieper River flows in. Crimea is 20 miles across the water. We just watched an American HIMERS missile destroy a Russian facility there and the black smoke is billowing upward. We’ve been stuck here at
Global Market Comments October 13, 2023 Fiat Lux Featured Trade: (THE JOHN THOMAS BIOGRAPHY IS OUT) (THE EIGHT WORST TRADES IN HISTORY), (TESTIMONIAL)
As you are all well aware, I have long been a history buff. I am particularly fond of studying the history of my own profession, trading, and investing in the hope that the past errors of others will provide insights into the future. History doesn’t repeat itself, but it certainly rhymes. So after decades of
Global Market Comments October 12, 2023 Fiat Lux Featured Trade: (MONDAY, OCTOBER 30 SARASOTA, FLORIDA GENERAL JAMES MATTIS STRATEGY LUNCHEON) (WHY TECHNICAL ANALYSIS DIS A DISASTER) (SPY), (QQQ), (IWM), (VIX), (TESTIMONIAL)