By Nick Rokke, analyst, The Palm Beach Daily When it comes to calling the market, few are better than Robert Shiller… Shiller is a Yale professor, best-selling author, and Nobel Laureate in economics. He’s developed a system that tracks the valuation of different assets. In March 2000, his system flashed that the stock market was […]
By Nick Rokke, analyst, The Palm Beach Daily When Wall Street tells you to do one thing, you should do the opposite… Most people don’t know this… but Wall Street uses coded language to pull the wool over the eyes of ordinary investors. It may seem difficult at first. But the code is actually easy […]
By Nick Rokke, analyst, The Palm Beach Daily Lee Iacocca saved Chrysler—with an assist from the U.S. government… In 1979, Iacocca was named CEO of the American auto giant. At the time, Chrysler was near collapse. One of his first acts as CEO was to secure a $1.5 billion loan guaranty from the U.S. government. […]
The U.S. auto industry was dying… In 1981, American automakers General Motors, Ford, and Chrysler were getting whipped by their Japanese rivals. The Big Three had become content and took the market for granted… They were making cheap, inefficient cars like the “luxury” Cadillac Cimarron (a dressed-up Chevrolet Cavalier sold at twice the price). Meanwhile, […]
Editor’s Note: Longtime PBRG friend Bill Bonner has been following the Deep State’s takeover of the U.S. government for years. In today’s guest essay, Bill details how this secret group of unelected officials is taking over the Trump administration. By Bill Bonner, chairman, Bonner & Partners So far, we’ve been very happy with the Trump […]
Weekend Edition: Your recap of the week’s most valuable and profitable ideas… Monday, March 13, 2017 How You Can Beat the New “War on Bitcoin” The War on Cash is an offensive by governments to control how you use your money and tax every cent you own. The latest assault is against bitcoin exchanges. If […]
Bill Ackman is one of the smartest investors we know of. On Tuesday, he finally admitted to one of the dumbest investment mistakes we’ve ever seen… Ackman has run the Pershing Square Capital fund since 2005. The fund takes concentrated positions in just a few companies. Rarely does his $15 billion portfolio own more than […]