It was the most controversial call of his career… In 2000, the finance world was full of optimism. Investors thought we had reached an age when profits didn’t matter. The Nasdaq had almost doubled the previous year. It looked like it would never go back down. Meanwhile, gold was in a 25-year downtrend. It dropped […]
“Buy, buy, buy!” “Sell, sell, sell!” That’s what many fans of Jim Cramer’s television show Mad Money think when they hear his name. But Cramer’s carnival barker shtick is just for television. He’s quite an intelligent investor. From 1986 to 1999, Cramer returned an average of 24% per year to his investors as a hedge […]
If you were an investor in ancient Greece, you would have been smart to sell when the Parthenon was built… Everything goes through cycles. Just look at the rise and fall of civilizations. Famed Oxford historian Paul Kennedy made this case in his 1987 classic The Rise and Fall of the Great Powers. Kennedy said […]
By Teeka Tiwari, editor, The Palm Beach Letter My second mistake cost me $130,000… It was 1992. I owned Oracle and Microsoft in my individual retirement account (IRA). Due to a back-office snafu, both were sold out of my account. By the time I realized they were gone, the stocks had tripled. The $6,000 in […]
Weekend Edition: Your recap of the week’s most valuable and profitable ideas… Monday, January 16, 2017 Don’t fall victim to Wall Street’s “bait and switch” game Wall Street analysts like to play a shady little game of “bait and switch” with ordinary investors by using overly optimistic earnings numbers. And if you get duped by […]
If you’re a passive investor, you better start getting your investments in shape today… Passive investors buy securities designed to give the same returns as the market. They then hold them for years. The goal is to duplicate long-term market performance by creating a portfolio that mimics the index it tracks. This can be done […]
By Tom Dyson, co-founder, Palm Beach Research Group Read this carefully. There is money in today’s essay. I’ve found a great low-risk, high-reward trading opportunity. By low-risk, I mean we stand to lose about 2% of our money if I’m wrong. By high-reward, we stand to make about 10% on our money if I’m right. […]