One of my many alma maters, the University of Southern California, announced that they had received their largest private donation ever.
As a third generation alumni of this fanatical football factory (I went to school with Mark Harmon, Lynn Swan, and oops, OJ Simpson), I still receive their alumni newsletter, where I learned the good news.
David and Dana Dornsife gave $200 million to the downtown Los Angeles home of the Trojans. The money has been used to fund the College of Letters, Arts, and Sciences, which has been renamed after them.
Dornsife made his fortune as the owner of Herrick Corp., a Stockton based maker of the prefabricated steel that was used to build many of the skyscrapers in the center of Los Angeles.
The gift tops the university's previous largest gift from George Lucas, of Star Wars fame, who in 2006 contributed $175 million to USC's film school, which he once attended with another legendary director, Steven Spielberg.
For the record, the largest charitable contribution to a university in history was the $600 million that Gordon Moore, of Moore?s Law fame and a founder of Intel (INTC), gave Caltech in nearby Pasadena. As a teenager, I used to sit in on the Math classes there. Notice that all of these big donations to education are happening in California.
Tommy Trojan will no doubt be happy, provided that a Bruin from UCLA has not stolen his sword again, or painted him blue. And don?t ask me about ?Old Tire Biter.?
https://www.madhedgefundtrader.com/wp-content/uploads/2013/03/David-and-Dana-Dornsife.jpg199264Mad Hedge Fund Traderhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngMad Hedge Fund Trader2015-06-24 01:03:322015-06-24 01:03:32A Touchdown for USC
Featured Trade: (JULY 2 LISBON, PORTUGAL GLOBAL STRATEGY LUNCHEON) (DIAMONDS ARE STILL AN INVESTOR?S BEST FRIEND), (SO YOU THINK THEY?RE NOT WATCHING YOUR PC?)
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Featured Trade: (LAST CHANCE TO MEET JOHN THOMAS AND BILL DAVIS AT THE JUNE 25 NEW YORK STRATEGY LUNCHEON) (BE CAREFUL WHO YOU SNITCH ON), (COULD YOU QUALIFY TO BECOME A US CITIZEN?)
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Come join Mad Day Trader Bill Davis and me for lunch at the?Mad Hedge Fund Trader?s?Global Strategy Luncheon, which we will be conducting in New York, NY on Thursday, June 25, 2015.
An excellent three course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period.
I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $237.
The formal luncheon will run from 12:00 to 2:00 PM. I?ll be arriving an hour early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The event will be held at a prestigious private club on Central Park South, the details of which will be emailed to you with your purchase confirmation.
I look forward to meeting you, and thank you for supporting my research.
To purchase tickets for the luncheons, please?click here.
https://www.madhedgefundtrader.com/wp-content/uploads/2013/04/Empire-State-Building.jpg380253Mad Hedge Fund Traderhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngMad Hedge Fund Trader2015-06-22 01:05:352015-06-22 01:05:35Meet John Thomas and Bill Davis in New York on June 25
Terrorist attacks, mass beheadings, and crashing airlines all spell one thing to me.
Travel bargains!
Of course, my first choice for a vacation destination this year was the civil war in Syria so I could find out on the ground what is really happening there. In addition, I could shop for a refugee camp in Jordan for one of my non-profits to help support.
Unfortunately, my family was not too hot on this idea, not wishing to buy me back from kidnappers at an inflated price, again (the last time was Cambodia in 1976).
The Joint Chiefs were not too thrilled either. At my advanced aged, I simply know too much to fall into the wrong hands.
So I compromised. This summer will find me trekking across the Sahara desert on a camel along the Moroccan/Algerian border, not far from Mauritania, where temperatures can reach 135 degrees Fahrenheit. I?m bringing my sunscreen.
My tux and white dinner jacket are packed, the five star hotels are booked, and the limo is waiting outside. The Cessna is fully fueled and the flight plan filed. I am taking off for my annual European and African Strategy Luncheon Tour.
I have worked the hardest in my life the past year, and it is time for a break. I have also put myself through the most grueling training regimen, hiking 2,000 miles and snowshoeing another 600, all with a 60-pound pack.
Every year it seems to get harder to keep the calendar at bay.
Along the way I will be meeting with other hedge fund managers, senior government officials, CEO?s at major banks and Fortune 500 companies, large institutional investors, and a Nobel Prize winner or two.
Getting out into the real world and soaking up new data and opinions is invaluable in shaping my own global view, and your performance benefits from it. Since I don?t stumble across these people in my living room, I have to travel the world to seek them out.
After pit stops in Dallas, DC and New York, I?ll board the Cunard Line?s Queen Mary II at the Brooklyn Cruise Terminal to take residence in the owner?s suite.
As we pass over the wreck of the Titanic on the second day out, we?ll throw a bouquet of flowers as a mark of respect.
In London I?ll catch William Shakespeare?s King John at the Globe Theater (click here).
I?ll spend an evening at the Royal Ballet (click here), and visit the Royal Academy of Arts Summer Exhibition.
At least one morning will find me catching an old-fashioned straight razor shave at the Jermyn Street Barbers, and topping up my supply of business shirts at Turnbull & Asser.
The cheese trolley at the Michelin restaurant is to die for. For accommodations I?ll be staying at the ever reliable, if not Spartan, British Navy Officers Club. You know, the place where Horatio Nelson used to drink with his junior officers?
I?ll then board the Orient Express for Venice, where the dinner is black tie only. Hopefully, there won?t be any murders this time. If a new Brioni suit and pair of Gucci shoes throw themselves upon me while I stroll through the Galleria in Milan I may be unable to resist.
In Geneva I?ll be consulting with the representatives of several Middle Eastern royal families while they vacation in the Alps.
One afternoon will be devoted to taking the paddle wheel steamer on Lake Geneva to the Chateau de Chillon in Montreux where Lord Byron used to live, sipping fine Swiss white wines along the way.
The grand finale will be my annual assault on the Matterhorn at Zermatt, which at 14,692 feet, is higher than anything we have in the continental US. After training all year for this, it?s now or never.
I spend my evenings there at public steam baths where, afterwards, I roll around in the snow and beat myself with birch branches. It is invigorating, to say the least.
I will be traveling with my laptop and keeping in touch with the markets. While 18th century Internet service is passable, the bandwidth can be snail like. So unless I see something extraordinary, I will cut back on new Trade Alerts.
After running up a 175% return in four and a half years, and beating 99% of the hedge funds in the industry, I deserve a break. I need to spend some time alone on a mountaintop, communing with the spirits, attempting to discover the new long-term market trends through the mist.
While on the road, I will continue writing my newsletter, giving you my daily dose of market insight. I will also be re-running some of my favorite research pieces from the past when my travel schedule does not allow Internet access.
This is to expose my thousands on new subscribers to the golden oldies, and to remind the legacy readers who have since forgotten them.
I will be back in San Francisco in early August, glued to my screens once again for another year of toil. In the meantime, please feel free to email me.
Mad Day Trader, Bill Davis, will be working straight through the summer. No rest for the wicked!
In the meantime, I shall be raising a glass to all of you at dinner, the loyal readers of The Diary of a Mad Hedge Fund Trader. Salute! Prost! And Cheers! Thanks for making this letter a huge success!
If you want to take the opportunity to meet me in person, please find my strategy luncheon schedule below. To purchase tickets for the luncheons, please go to my online store click on city of your choice.
Dallas, Texas - June 19 Washington DC - June 22 New York City - June 25 London, England -June 29 Lisbon, Portugal - July 2 Marrakesh, Morocco - July 13 Milan, Italy - July 22 Zermatt, Switzerland - July 31 Zurich, Switzerland - August 3
I?ll Meet You on Top
My Plug Adaptors Are Ready to Go
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Featured Trade: (LAST CHANCE TO ATTEND THE JUNE 19 DALLAS, TEXAS GLOBAL STRATEGY LUNCHEON), (MAD HEDGE FUND TRADER HITS 26% GAIN IN 2015), (SPY), (AAPL), (GS), (FCX), ?(PANW), (GILD), (FXE), (EUO) (THE COST OF AN AGING WORLD), (EWJ), (EWI), (EWG), (EWQ), (EWL), (EWU), (PIN), (TESTIMONIAL)
SPDR S&P 500 ETF (SPY) Apple Inc. (AAPL) The Goldman Sachs Group, Inc. (GS) Freeport-McMoRan Inc. (FCX) Palo Alto Networks, Inc. (PANW) Gilead Sciences Inc. (GILD) CurrencyShares Euro ETF (FXE) ProShares UltraShort Euro (EUO) iShares MSCI Japan (EWJ) iShares MSCI Italy Capped (EWI) iShares MSCI Germany (EWG) iShares MSCI France (EWQ) iShares MSCI Switzerland Capped (EWL) iShares MSCI United Kingdom (EWU) PowerShares India ETF (PIN)
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Come join me at the Mad Hedge Fund Trader?s Global Strategy luncheon, which I will be conducting in Dallas, Texas at 12:00 PM on Friday, June 19, 2015.
The guests and I will engage in an open discussion on the crucial issues facing investors today.
I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing a few surprises out there too.
Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $255.
I?ll be arriving early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The event will be held at an exclusive downtown Dallas Club. The details will be emailed directly to you with your confirmation.
I haven?t had any family in the neighborhood since the Comanche Indians kidnapped an ancestor in 1842. When they sold him back to the Texas Rangers for $300 two years later, he hightailed it back to St. Louis.
History Buffs will enjoy the Dallas Heritage Village at Old City Park. Their next stop should be The Old Red Museum of Dallas County, which is chock full of local history. Presidential historians can also visit the George W. Bush Presidential Museum.
The favorite sons of Dallas certainly have their creative streak. Here were invented liquid paper, the Slurpee, the integrated circuit, the corn dog, and the first ever professional baseball team.
I look forward to meeting you, and thank you for supporting my research.
To purchase tickets for the luncheons, please go to my online store.
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