Greetings from the great white north.
I am a BIG fan of yours and have rejoined your Trade Alert Service for another year. You have friends around the world you have yet to meet. Enclosed is a token of my appreciation.
Thanks a 100 trillion!
Bob
Vancouver, Canada
Your background is very impressive and intriguing. You definitely have a lot of valuable and unique experience.
I read your most recent post on activist investing and couldn't agree more. I have always been a fan of activist strategies because even under an assumption of efficient markets, activism can still generate alpha in theory.
I have also heard about how process-oriented investments such as activism or distressed investing, where you have a greater influence over the final outcome, are valuable from a standpoint of downside protection.
Many thanks,
Andrew
I am an independent financial advisor in Atlanta, GA.? We have spoken via email and text a few times.? Historically, you have always been responsive, even to my complaints, and I have always appreciated that.
After canceling my Service a few months ago, I have decided to come back.? In markets like yesterday your insights are just too valuable not to have.? So I am officially again a paid subscriber.
I still think your macro timing is better than your stock picking, but I hope you prove me wrong.? Regardless, you?re still the man.? You should be in the Dos Equis commercials as "the second most interesting man in the world".
Thank you for sharing your insights with the world for the bargain price of $3000 per year.
Brody
Atlanta, Georgia
Congratulations on your success. Your path has been your own and your outside the box thinking is refreshing and powerful. No doubt, you have enjoyed it and yet surprised yourself and others with it over the years.
The reason for my contact is your insight into the inevitability of solar energy costs going to nearly zero. I agree. You clearly understand that this transition is massive to every aspect of our lives - and yet very few "get it".
The next 15-40 years will see a transition that will be founded on virtually free and abundant energy. This abundant, almost zero cost energy will accelerate the effects of medical advances. It will transform our resource sectors from agriculture to mining to chemicals.
It will see manufacturing shift from factories and mass production to local 3D printed products - perhaps even food. It will mean AI and automation... And yes, it will mean that human labor will not be as needed or as valuable. Our relationship to work, income, wealth, etc... will have to change.?
Labor and the nature of work will be a huge challenge. Globalization has decoupled the industrial and wealth agendas from national needs that were characteristic of colonial times.
No longer do US companies like Ford pay higher wages to their employees so that they can afford their products. So, real wages have been effectively flat since the mid '70's. Despite productivity gains, wages go nowhere.
If the market alone were to determine the future of labor, we would simply have more "surplus population" as was defined in the periods?before the 20th?century.
In our world, governments will not survive such a trend. This fact is already responsible for Brexit, Trump, Sanders, Greece...?
I believe that acceleration of the adoption of renewable energy, particularly solar, and the gains achieved from lower cost energy as well as the egalitarian nature of energy wealth afforded by solar is economically and sociologically key to a more peaceful and productive transition to the future.
Massive wealth and power concentrations are threatened by the economic realities of renewables and the distribution of wealth and power therefrom. While they will not go down without a fight, certainly slowing adoption where possible and seeking to replicate their monopolies in a renewable world, they cannot win.
Short of wars and physical devastation in attempts to maintain the "scarcity" that capitalism thrives upon, they cannot prevent the more egalitarian future that abundant, low-cost energy is bringing.
So, thanks for hanging in on my email. I see that you are a free thinking, "somewhat" non-conformist. You get this.
Best wishes and thanks for your insight and your work.
Best regards,
Tom
Marion, Massachusetts
Thanks for your input, Tom.
John Thomas
I just stumbled across your writing and I love it!
I have been reading it all weekend. The more I read, the more I have this weird sensation in my frontal cortex. I believe it used to be called "thinking" before the new world order arrived. Almost stimulating....like the stuff before decaf...?
What a fresh perspective you provide! You challenge my preconceived notions from CNN, and that is scary.??
Please keep up the good work.??
Yours Truly,?
Ron
Your article on ?The Ten Baggers in Solar Energy? is the best, well informed, educated piece of literature I have read for a long time.
Thank you for your honest and well informed article. I am going to be 86 years YOUNG in coming November and appreciate a simple jewel in this money chasing jungle.
I would like to follow you and learn more new stuff in this fast going and changing world. Thank you.
Lisa
Ontario, Canada
A belated thank you for the time you provided to all of us at the Las Vegas Strategy Luncheon back in May.? My apologies for not submitting a prompter response.
I am the Air Force C-17 pilot from Seattle; you graciously gave me additional time on your walk back to the room during the SALT Conference.? I was honored to be a part of your luncheon.?
Your advice regarding the investing world and my progress into it was insightful and helpful. I quickly relayed all of?your sage commentary?to my wife and have used it in my further studies since.?
Fantastic info on the Tesla, flying etc as well?- I relayed all of that to my buddies back in the squadron.? I plan on attending more luncheons as the opportunities present themselves.
My offer to take you in the simulator still stands, if you're ever here in the Seattle area again.? Yes, the MiG has a better climb rate but we have a stand-up bathroom, kitchen and two bunks.
Again, thank you for?your time;
Ben
Seattle, Washington
I can't tell you how much I enjoy your blog. It is the first place I go every morning and I miss you on the weekends.
I stumbled upon your site about 4 months ago and have been addicted to it since day one. I really appreciate not only your insight into the markets, but also your global and historical perspectives.
All of this served up with your great sense of humor makes it a must read! Thanks for all your hard work.
Chip
John's newsletter is, in my view, the Secretariat of the investment newsletter derby. No one else is even a close second.
Gary
New Jersey
My husband wanted me to tell you that, as a retired Marine, he understands completely. ?The more you sweat in training, the less you bleed in war. ?Gratefully, for us, you have done a lot of sweating over the years! ?
Cheryl
Oregon
