Humans seem to excel at making things more complicated than they need to be… If you suffer from “information overload” regarding your investments, consider implementing the six simple steps below, offered by an investing legend. From Chris Mayer, chief investment strategist, Bonner & Partners: On May 28, 1962—dubbed “Blue Monday”—the market fell 6%… its worst […]
“If you have ANY money in Deutsche Bank, you’re going to want to get it out…” German “megabank” Deutsche Bank (DB) is in trouble. It’s facing a potential $14 billion fine by the U.S. government. The government contends DB committed fraud during the great financial crisis in 2009. The news has sent the stock to […]
From Mark Ford, founder, Palm Beach Research Group: You reach for the mug and knock it over. Hot coffee washes over your laptop. You arrive home and realize you’ve left your shoulder bag—with all your IDs and banking information—on the subway. Your doctor reads your EKG and says, “Gee, I’ve never seen anything like this […]
From Teeka Tiwari, editor, The Palm Beach Letter: Bitcoin trading has exploded in Venezuela. Trading volume surged to all-time highs this past month, according to bitcoin statistics service Coin Dance. In the first week of September, more than 163.7 million Venezuelan bolivars (about $16.4 million) were exchanged in bitcoin. It’s up nearly 350% from the […]
From Mark Ford, founder, Palm Beach Research Group: Most people have jobs. They go to work each morning dutifully, do their best to execute their duties, come home tired, and look forward to weekends and vacations. They do this to make ends meet, hoping something better will come along. And better things do come now […]
Editor’s Note: There’s an open secret around Palm Beach HQ: We consider Chris Mayer—Agora Inc.’s all-time best stock picker—an “honorary PBRG analyst.” It’s because of his fundamental commitment to bedrock safety first. Chris’ focus on individual stocks—and not the overall market—has helped him garner average returns of over 17% per year for his subscribers. As […]
From Bill Bonner, chairman, Bonner & Partners: The routine was familiar… Up at 5:30 a.m… out the door by 6 a.m… Find a cab: “À la Gare du Nord, s’il vous plaît.” Public Spectacle For years, we lived in Paris, near the house in Passy where Benjamin Franklin lived when he was representing the “terrorists” […]