From Tama C.: Hey Tom and William, I’m a big fan of the Daily, but I have a small point of clarification to make. It’s regarding your recent piece on “backing out the cash.” While I agree with the general idea behind the valuation metric, I think you need to use NET cash (i.e., NET […]
Editor’s Note: In today’s Daily, we welcome back Palm Beach Research Group Editor-in-Chief Jeff Remsburg. Jeff’s developed a cult following among our subscribers. They adore his knack for giving simple explanations of advanced—and lucrative—investing concepts…
Regular Daily readers know PBRG’s friend James Altucher is one of the smartest—and most interesting—people we’ve ever met. He’s run hedge funds.
Today, 29% of Americans—about 70 million citizens—have no emergency savings at all. That’s according to a new Bankrate survey. It’s the highest percentage seen since the survey began five years ago.
From John D.: Regarding Tom’s photo in the June 18 Daily: Nice hairdo! It reminds me of Clyde (of Bonnie and Clyde fame). Keep up the great work and continue to celebrate your “unique spirit.” From Mike W.: I’m curious if you have a forum where one can discuss investing and taxes, etc. with others? […]
From Grant Wasylik, chief analyst, The Palm Beach Letter: Over the last 15 years, male life expectancy has increased 24 months. Females live 29 months longer than before. The average 65-year-old male now has a life expectancy of 21.6 years (to age 86.6). For women, it’s an extra 23.8 years (to age 88.8). That’s according to the Society of...
From Tom Dyson, publisher, Palm Beach Research Group: It’s the most important lesson in all of investing… It’s how hedge fund manager George Soros delivered an average annual return of 30% per year for nearly 40 years. Mutual fund pioneer John Templeton posted 14% average annual returns for 50 years using this philosophy.