• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu
MHFTR

Report from the Matterhorn Summit

Diary, Newsletter

From where I stand, the rolling foothills of Northern Italy spread out below me to the south.

On my left lie the distinctive peaks of the Dolomites. On my right I can see the massive expanse of Mont Blanc, at 15,781 feet the highest mountain in Europe.

I am standing at the summit of the Matterhorn. Knock another item off the bucket list.

I have been trying to climb this mountain for 45 years. During my early attempts I possessed the physical conditioning, but not the money to acquire the necessary equipment needed to get to the top.

An ice ax, crampons, helmet, and ropes don't come cheap to a 16-year-old.

In later years, vile weather frustrated my every attempt. Now the forecast was perfect, and the sun, the moon, and the stars aligned.

The Matterhorn has long been the premier climbing challenge on the continent. My doctor in Zermatt heads up many rescues and tells me that a dozen people a year die trying. The year 1999 was especially bad, claiming 39 lives.

Still, if death isn't on the table, it's not worth doing.

I spent a restless night sleeping under a heavy wool blanket in a shared bunk with a dozen other climbers at the 10,695-foot Hornli Hut. Get a group of guys like this together, and there is always one who snores.

At 3:00 AM we bolted out of bed to eat a hardy breakfast of eggs, cold cuts, and lots of strong coffee before launching an assault on the mountain.

We then quietly filled canteens and donned climbing harnesses and backpacks. The night sky was crystal clear, an ocean of stars shimmering upon us, with the occasional shooting star giving its blessing.

I had spent the past week acclimatizing myself to the high altitude, completing practice climbs to the top of increasingly difficult surrounding peaks. I was joined by my Swiss guide, Christian, of the Zermatt Alpin Center.

In his mid-40s, chocolate tanned, with thighs like tree stumps, he had already climbed the Matterhorn an impressive 77 times.

We took off at a rapid pace, passing most of the early starters. Zermatt guides are notorious for speed climbing, the theory being that the quicker they wore out their clients, the sooner they could go home.

I realized there was something far more responsible going on. Christian had to gain the confidence that I had enough energy reserves left for the descent, when 90% of all fatalities occur. At 11,800 feet he said, "Good," and we roped up.

It was about this time that I started to wonder if I should really be here. Most of the climbers we were passing were in their 20s and a few in their 30s, old enough to be my grandchildren.

After all, I'm the silver-haired gentleman people give their seat up to when riding the San Francisco BART. At 12,200 feet Christian ordered, "Now we put on our crampons."

From there on we silently pushed our way upward in the darkness, headlamps illuminating the way, methodically positioning our feet to make the leap to the next boulder above.

The mountain has been climbed for 151 years and many of the surfaces have been polished smooth by boots to the point of becoming dangerously slippery, especially when wet.

Much of the slope is frustratingly unstable. Half the rocks you reach for are loose. Stones sent flying by climbers above are a major risk, which is why we wear helmets.

By 5:00 AM we were at 12,700 feet and the sun started to rise. I took out my camera to take a picture, but fumbling with my climbing gloves, I dropped it. It smashed into a dozen pieces on a huge boulder and then skittered down into the great Matterhorn crevasse below.

I still had my iPhone to take pictures. But it's touch screen required me to take my glove off. With the temperature at 10 degrees below freezing, photos were not worth risking fingers to frostbite. So, you'll just have to read about it.

During the first half of the 19th century, the Matterhorn was the Holy Grail among climbers, and was considered impossible to conquer. Englishman Edward Whymper finally led a seven-man team to the top in 1865. He pioneered the same Hornli Ridge route that I was ascending today.

But on the way down a rope broke and four perished. One body was never found. Today, you can see the rope in a Zermatt museum, a crude manila affair, along with the clothes from another dead climber found months later.

Some 5,000 now attempt the climb every year, and about 500 make it to the summit. Ulrich Inderbinen made the top more than 370 times and last climbed it when he was 90. I was able to shake his hand at a picture signing in Zermatt a couple of years before he died from old age at 103 (click here for his obituary).

At 13,000 feet we approached the Moseley slab, so named for an American who fell to his death here in 1879. Beyond beckoned the Solvay Hut, a tiny, precariously sited rescue from weather that suddenly turns bad.

Taking a break, I found, amazingly, that I still had cell phone reception. Should I send out a Trade Alert from 13,133 feet?

That was where I encountered my first zombie, a climber who grievously underestimated the mountain and had used up every ounce of energy to get this far. His guide was coaxing, shouting and cajoling him to climb down one rock at a time.

Looking at his dead eyes, you know it was going to be a tough and dangerous descent. I later heard that the poor fellow, Japanese, fell and broke his leg and had to be helicoptered off.

There were many more zombies to come.

Above Solvay, we encountered the "fixed ropes," which are actually steel cables bolted to the face to help traverse the steepest and most dangerous passages. Lose your grip here, and its 3,000 feet straight down.

This is where we ran into the traffic jam, with simultaneous ascending and descending climbers competing for the same handholds. One dummy actually abseiled down on top of me, nearly knocking me off of my grip. Here, falling climbers are a major danger.

At 300 feet below the summit I passed Sophie's Ridge, so named for a young Italian woman who was turned back in the 1880's because high winds were embarrassingly blowing her Victorian ankle-length dress above her waist.

Now, altitude sickness was taking its toll, with many puking climbers turning back, the disappointment showing on their faces. Luckily, I felt fine.

Not far from there was the location of the original 1865 accident. Then we approached the small bronze statue of Saint Bernard, the patron saint of mountain climbers.

Bolted to the side of the peak, it was covered with ropes, as many teams tie on to it to rappel down.

Then we were on top. The weather was glorious. The summit was graced with a wrought iron cross that one finds atop many Alpine peaks. There was an impatient line of climbers waiting their turn to tag the summit, take some quick pictures, pick up a rock, and then start their way down.

The feeling of accomplishment was immense.

We carefully picked our way down, rappelling down the steepest faces. By now the sun was well up, the ice was melting, freeing up infinitely more loose rubble. One boulder the size of a small car crashed down 50 feet away, making a thunderous roar.

"Yikes," I thought. "We better get out of here."

At 13,000 feet, we encountered a team with one climber absolutely paralyzed with fear and refusing to budge. After some discussion, I agreed to let her rope up with us and escort her down to the Hornli Hut. The other guide was Christian's friend, and that would enable him to continue upward with his other clients. Our expedition turned into a mountain rescue.

Once Christian tied her in, I had second thoughts about being so charitable. If she fell, she could take me with her. Christian then convinced me he could hold both of us with a belay. We then encouraged her down the mountain one step at a time. I went through my entire repertoire of German jokes, which is rather short.

I learned that she sold toilets on behalf of a Swiss plumbing company for a living, and that until today had never done anything more serious than a day hike out of Lausanne.

All of her equipment was brand new. Part of the problem was that she had failed to don her crampons, which we found in her backpack, untouched in its original packaging.

Back at the Hornli Hut I was dog tired. Our impromptu guest suddenly fell to the ground and burst into tears. She then bought us both a celebratory liter of beer each. I was dying of thirst, as I had done the entire climb on just two quarts of water to save weight.

It had been the hardest day of my life and after 15 minutes at the table I couldn't move. The $1,200 investment in Christian had been well spent. He departed for Zermatt to pick up his next client.

I elected to spend a second night at Hornli and complete the 3,000-foot-hike down to Schwarzsee the next day. From there I was taking the gondola down. Nothing left to prove here. The second time, I slept like a rock.

It is traditional for successful climbers to pick up a stone at the summit and deposit it on a giant cairn at the beginning of the trail at 7,000 feet. Some of these weigh more than 50 pounds, a macho display of strength and endurance. When I made my contribution, a small pebble the size of a quarter, I made sure no one was looking.

I now have an empty place on my bucket list. What will replace it? I hear that Africa's 19,341-foot Mount Kilimanjaro is pretty easy.

Life is good.

Climbing One Step at a Time

 

Only 4,000 Feet to Go

 

Halfway and All Is Good

 

 

The Traffic Jam

 

The Summit

 

 

A Mountain Rescue

 

 

Take That Item off the Bucket List

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-08-01 01:06:412018-08-01 01:06:41Report from the Matterhorn Summit
MHFTR

The Race Down to Zero

Tech Letter

It seems time after time, entire industries get flipped on their heads without notice.

The modern-day hyper-acceleration of technology is creating tectonic shifts in the economy that only some can truly understand.

There is the good, the bad, and the ugly.

The functionality of technology has helped enhanced our daily lives infinitely, yet there is a dark side of technology that has reared its ugly head threatening the future existence of mankind.

One industry next in line to be smashed to bits will have the effect of unimaginably reshaping Wall Street as we know it.

Gone are the days of brokers shouting from the trading pits, a bygone era where pimple-faced traders cut their teeth rubbing shoulders with the journeymen of yore.

The stock brokerage industry is at an inflection point with the revolutionary online stock brokerage Robinhood on the verge of shaking up an industry that has needed shaking up for years.

A common thread revisited by this newsletter is the phenomenon of broker apps being low-quality tech.

These apps can be built by a pimple-faced freshman college student in his dorm.

A broker ultimately serves little or no value to the real players among the deal, usually extracting huge commissions.

Technology and now blockchain technology vie to completely remove this exorbitant layer from the business process.

Well, for the stock brokerage industry, that time is now.

Robinhood is an online stock brokerage company based in Menlo Park, Calif., trading an assortment of asset classes including equities, options, and cryptocurrencies.

So, what's the catch?

Robinhood does not charge commission.

That's right, you can invest up until the $500,000 threshold protected by the Securities Investor Protection Corporation (SIPC) and you can go along with your merry day trading for free.

The online brokerage industry has been getting away with murder for years.

How did the online brokers get away with this in a technological climate where industries such as the transportation sector are being flipped on their head?

They got comfortable and stopped innovating - the death knell of any company.

Effectively, high execution costs reaping massive profits were the norm for brokers, and nobody questioned this philosophy until Robinhood exposed the ugly truth - unreasonably high rates.

Peeking at a monthly chart of brokerage costs will make your stomach churn.

For instance, a trader frequently executing trades with an account of $100,000 would hand over $1836 in commission in 2017 if their account was with Fidelity.

On the cheaper side, Interactive Brokers would charge $854 for its brokerage services to habitual traders per month.

The outlier was Tradier, a start-up brokerage founded in 2014 using the powerful tool of an API (Application Programming Interface), which charged $213 per month to trade frequently.

An API is described as a software intermediary allowing two applications to communicate with each other.

This model helped cut costs for the online brokerage because Tradier did not have to focus its funds on the trading platform that was delegated to various third-party platforms.

Tradier is largely responsible for the aggregation of data and charts thus employing an army of developers to meet their end of the business.

This model is truly the democratization of the online brokerage industry, which has been coming for years.

Cost are cut to a minimum with equity trades at Tradier costing investors $3.49 per order and option contracts costing $0.35 per contract with a $9 options assignment and exercise fee.

Technology has defeated the traditionalist again.

Day traders will tell you their largest worry is keeping a lid on execution costs.

Volume traders plan their strategies according to bare bones commission.

Marrying technology with online brokerages has the deflation effect that Amazon (AMZN) deftly took advantage to perfection.

Brokerages do not pay higher costs for an incremental bump in trading volume. Costs are mainly fixed.

If you hold an account in one of these legacy brokers charging an arm and a leg to trade with them, jump ship and join the revolution.

So how does Robinhood generate revenue if the broker trades for free?

Hawk ads? No.

They are not rogue ad sellers as is Facebook (FB).

The plethora of accounts opened with Robinhood earn interest, and Robinhood collects the earned interest as revenue.

Also, Robinhood has one paid service for sale.

Robinhood Gold is a subscription allowing traders to use margin. The margin accounts will set traders back $10 per month adding up to $120 per year, and they won't be charged interest on the funds.

This is peanuts compared to what other traditional brokerages are charging clients for margin account interest.

This is also a data grab with the proprietary data building up profusely turning into a potential Masayoshi Son SoftBank Vision fund acquisition.

Robinhood has already registered more than 5 million accounts for a company that started its operations in 2013.

The rise of these 5 million accounts coincided with the explosion of the price of bitcoin breaching the $20,000 level.

This price surge inspired a whole generation of millennials to get off the sofa and start trading cryptocurrencies.

More than 80% of Robinhood's accounts are owned by millennials.

Trading cryptocurrencies acts as a gateway asset to springboard into other asset classes such as equities and derivative contracts.

Vlad Tenev, co-CEO of Robinhood, indicated that Robinhood will have to modify its radical business model to monetize more of the business in the future, but he is comfortable with the current business model.

But Tenev has already seen fruit borne with the likes of Robinhood applying fierce pressure to the legacy brokerages' pricing models.

The traditionalists are locked in a vicious pricing war with each other slashing their commission rates to stay competitive.

The longer the likes of Charles Schwab (SCHW) feel it necessary to charge $4.95, down from the January 2017 cost of $8.95, the better the chances are that Robinhood can build its account base rapidly.

Charles Schwab has more than 10 million accounts, only double the number of Robinhood, after being founded in 1971.

The 42-year head start over Robinhood has not produced the desired effect, and it is ill-prepared to battle these tech companies that enter the fray.

Robinhood has been able to add a million new accounts per year. If Charles Schwab relatively performed at the same rate, it would have 47 million accounts open today.

It doesn't and that is a problem, because the company can be caught up to.

The lack of urgency to combat the tech threat is astounding. Companies such as Walmart (WMT) have taken the initiative to transform the narrative with great success.

The race to zero is a grim reality for the Fidelities (FFIDX) of the world, and adopting a Robinhood approach will be the playbook going forward.

Brokerages and a slew of other industries are turning into a legion of top-level developers fighting tooth and nail to stay relevant.

The transportation industry has grappled with this harsh reality lately, but the economy is on the cusp of many other industries digitizing to the extreme.

My guess is that Robinhood starts rolling out a slew of subscription services catering toward specific investors.

The age of specialization is upon us with full force, and customer demand requires care and diligence that never existed before.

Robinhood continues to enhance its offerings of various products adding Litecoin and Bitcoin Cash to the crypto lineup.

Only Bitcoin and Ethereum were offered before.

The company is not without headline investors boasting the likes of Andreessen Horowitz, the venture capitalist firm based in Menlo Park, Calif., Box (BOX) CEO Aaron Levie, and hip-hop mogul Snoop Dogg.

Expect Robinhood to pile the funds into improving the technology, data accuracy while offering a new mix of hybrid products.

The enhancements will attract another wave of adopters spawning another wave of panic from the legacy brokers.

To visit the pricing information at Robinhood, please click here.

 

 

 

________________________________________________________________________________________________

Quote of the Day

"When something is important enough, you do it even if the odds are not in your favor," - said Tesla founder and CEO Elon Musk.

 

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-08-01 01:05:352018-08-01 01:05:35The Race Down to Zero
MHFTR

August 1, 2018 - Quote of the Day

Diary, Newsletter, Quote of the Day

"This is very bullish for markets. It's bullish for markets intermediate term. Before, I thought we were in the seventh inning of a four-year bull market. Two waiters just came in and delivered another punch bowl. We're going into extra innings, baby," said Stanley Druckenmiller formerly of hedge fund Duquesne Capital Management, about the Fed's decision not to taper.

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-08-01 01:05:172018-08-01 01:05:17August 1, 2018 - Quote of the Day
Mad Hedge Fund Trader

July 31, 2018 - MDT Pro Tips A.M.

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-31 09:01:532018-08-20 12:40:50July 31, 2018 - MDT Pro Tips A.M.
MHFTR

July 31, 2018

Diary, Newsletter

Global Market Comments
July 31, 2018
Fiat Lux

Featured Trade:
(LAST CHANCE TO ATTEND THE FRIDAY, AUGUST 3
AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER),
(THE INSIDER'S VIEW ON THE FUTURE OF TECHNOLOGY),
(AMZN), (GOOG), (DELL), (MSFT), (EBAY),

(MY DATE WITH HITLER'S GIRLFRIEND)

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-31 01:09:362018-07-31 01:09:36July 31, 2018
MHFTR

Last Chance to Attend the Friday, August 3 Amsterdam, The Netherlands Global Strategy Dinner

Diary, Newsletter

Come join John Thomas at the Mad Hedge Fund Trader's Global Strategy Dinner, which I will be conducting in Amsterdam, The Netherlands, on Friday, August 3, 2018 at 7:00 PM. A three-course dinner 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, energy, and real estate. And to keep you in suspense, I'll be throwing a few surprises out there, too. Tickets are available for $229.

The dinner will be held at a downtown Amsterdam hotel near The Dam, and the location will be on the "Thank You" screen after your purchase.

I look forward to meeting you and thank you for supporting my research.

To purchase tickets, please click here.

 

https://www.madhedgefundtrader.com/wp-content/uploads/2013/05/Amsterdam.jpg 319 479 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-31 01:08:252018-07-31 01:08:25Last Chance to Attend the Friday, August 3 Amsterdam, The Netherlands Global Strategy Dinner
MHFTR

July 31, 2018

Tech Letter

Mad Hedge Technology Letter
July 31, 2018
Fiat Lux

Featured Trade:
(THE BEST IN THE BUSINESS),
(AMZN), (FB), (GOOGL), (AAPL), (NVDA), (CRM)

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-31 01:06:382018-07-31 01:06:38July 31, 2018
MHFTR

The Best in the Business

Tech Letter

Scale works, and Amazon (AMZN) is proving it.

Jeff Bezos' company is hyper-charging its levers and pumping out growth to the tune of $2.5 billion in net profit as of last quarter.

This is a big deal for a company that has largely been considered using the AWS engine to fund the e-commerce business.

The topline growth is mind-boggling for a company poised to seize 50% of U.S. e-commerce sales by the end of 2018, up from the current 44%.

It's truly an Amazon stock market in 2018.

The razor-thin e-commerce margins are what Amazon is most renowned for, but it's high margin divisions are creating a higher quality company.

Investors are willing to pay a higher multiple for this version of Amazon in the future.

That is a very bullish sign going forward.

Tech shares sold off last Friday because the Amazon fireworks came to an end and no other company will be able to compare with its earnings.

This is another knock off effect from Amazon existing.

Of the vaunted FANG group, only Alphabet and Amazon impressed during this crunch earnings season at a pivotal time in the market that has looked short on ideas.

FANGs are not created equal and Amazon is by far the creme de la creme of this cohort.

The AWS cloud unit and its digital advertising division are the fodder allowing Amazon to take risks elsewhere.

Amazon is the most efficient business in America. In the past quarter it experienced more fluid data centers and warehouse operations.

If you do this for as long as Amazon has, you eventually learn all the tricks to the trade.

Hyper-accelerating technology offers Amazon a new way to implement new efficiencies, non-existent even a quarter ago boosting operational margins.

AWS surged 48.9% YOY to $6.11 billion improving on 48.7% last quarter.

AWS is also comprising a larger stake of the business than before.

This quarter AWS attributed 11.5% to total revenue compared to 10.8% last year.

The topline growth is staggering for a company duking it out with Apple (AAPL) to be the first trillion-dollar company.

The narrow breadth of the nine-year bull market is becoming even narrower, raising risk levels in the short term.

AWS is expected to grow into a $42 billion business by 2020, a nice double of what it is today.

Jeff Bezos does not need to respond to the administration's digital criticism of him because he doesn't need to. Taking the high road is the solution. If he wants to say something, he can publish it through a proxy via the Washington Post, which he owns.

Amazon's digital ad business has been a revelation.

The bad news is that Alphabet (GOOGL) and Facebook (FB) have cornered the global digital ad market taking in 73%, a nice bump from the 63% in 2015.

And of the global digital ad growth, they are collecting 83% of that growth.

That hasn't stopped Amazon from taking a stab at the digital ad market itself which is the logical move with the number of eyeballs attracted to its platform.

The ad business did $2.2 billion in sales last quarter, a nice increase of 132% YOY.

Even though in its infancy, this super-charged digital ad division could eventually give Alphabet and Facebook a run for its money - another reason Facebook is trading in bear market territory.

Facebook's platform quality is far inferior than Amazon, which uses it for e-commerce rather than posting free user content.

Facebook is still pocketing tons of cash but it's growth narrative has been exhausted shown by the dismal guidance for the second half of the year.

Amazon is incrementally raising the quality of the company in all facets, evident in the topline growth and jump in profitability.

Amazon absolutely does care about the bottom line. Watch for the net profits to surge past $3 billion in the third quarter in its resurgent digital ad business.

And with the ad tech quality floating out there, Amazon will be able to invest in poaching top dogs from Facebook and Google to build this division swiftly into tens of billions of dollars in revenue per year.

It could crescendo into another AWS-esque monster.

In Q2 2017, Amazon posted total revenue of $37.96 billion. Fast forward to 2018 and revenue raced ahead to $52.9, a robust $14.94 billion improvement.

The $14.94 billion in one quarter year-over-year improvement in Amazon total revenue is more than many tech companies earn in one year including outstanding companies such as Salesforce (CRM) and Nvidia (NVDA).

It is important for tech companies to have many irons in the fire and Amazon proves this theory correct.

The competition is cutthroat to the point that large tech companies are morphing into each other then abruptly diverging.

The brilliant ideas are copied, then the next set of ideas filter in to be copied again.

Luckily, these ideas are coming from Amazon, which is one of the most innovative companies in the world with top-level management.

This all adds up to why Amazon posted its third straight profitable quarter of more than $1 billion in profits.

Prime members didn't flinch with the price increase of an annual Amazon prime subscription showing management understands the true pulse of its customers.

Under-promise and overdeliver time and time again and a customer will be stuck with you for life.

In the past, investors only bought this company for topline growth. Now, we have a different animal on our hands turning into a model company with bottom line growth flourishing.

Management has proved that strategically investing in the right businesses bear fruit.

It takes time for these businesses to develop but when they do they turn into cash cows.

Investors will take delight in seeing Amazon's brand as just a topline growth company slowly fading away.

Increasing profits offers more opportunities and funds to create new drivers as well.

Increasing profits also adds more opportunities to reallocate capital to shareholders opening up a new investor base.

The network effect is truly alive and well, and the Mad Hedge Technology Letter has routinely identified this company as the best in the tech industry.

 

 

 

________________________________________________________________________________________________

Quote of the Day

"Technological progress has merely provided us with more efficient means for going backwards," said British writer Aldous Huxley.

 

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-31 01:05:032018-07-31 01:05:03The Best in the Business
Mad Hedge Fund Trader

July 30, 2018 - MDT Alert (FEYE)

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-30 12:41:522018-08-20 12:41:12July 30, 2018 - MDT Alert (FEYE)
Mad Hedge Fund Trader

July 30, 2018 - MDT Alert (OI)

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-30 10:34:272018-08-20 12:41:23July 30, 2018 - MDT Alert (OI)
Page 1260 of 2199«‹12581259126012611262›»

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2026. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
Scroll to top