And Where We are Going? Policy Makers- Blowing Bubbles Again Many hard-working Americans are scratching their collective heads about the following questions: Why have stocks performed in a manner that seems to be out of step with the relatively slow pace of economic expansion? Why has the economic recovery failed to gain traction, even though […]
Investors: Do You Know How We Got Here… Read More »
If you’re ready to do some investing, you need a broker to be able to buy stocks, options, and pretty much anything else. Deciding on the right broker for you can be difficult. If you’ve made the rounds of the local brokerage firms you’ll notice a trend: they all charge a lot in commissions. If you start looking online you’ll notice the commissions are decidedly lower but are these brokers a good deal or just a good deal of trouble?
Choosing a Brokerage Firm Read More »
Tech companies are the wave of the global economic future. They will never totally replace the “traditional” sectors of the economy like manufacturing, energy, and agriculture, but there certainly seems to be increased integration between tech and old-line industries.
Trends: Tech Companies Read More »
Lately we have been hearing rumblings in the media that the market is getting “too frothy” and looking like a “bubble” and the media is wondering if we are nearing 2008 proportions. Usually as long as we hear talk like that the market is safe because when we are really nearing a top all the media
No 2008 Stock Plunge In the Cards Read More »
Doug Casey in Cyprus: Crisis Investing in Action By Nick Giambruno, Senior Editor, International Man Readers who have been with us for a while know that I’ve been hinting at the project Doug Casey and I have been working on in Cyprus for a while now. It’s a project that dovetails perfectly with Doug’s unique
Stocks in Cyprus Are Down 98%—Time to Start Edging In? Read More »
The efficient market theory says that you can’t really beat the market because the market already has all the information available baked into the cake. So why bother? If this were true Warren Buffet, George Soros, Peter Lynch, and John Templeton would never have become billionaires. And interestingly each of these men made their fortunes directly betting against the efficient market theory.
Buffet, Lynch and Templeton were value investors looking for value where the market saw none and then waiting until the market came to its senses and Soros looked at broad trends and then made huge bets on unexpected events. From 1973 through the late 1980s, he ran his own hedge fund, often racking up returns of more than 30% per year and twice posting annual returns of more than 100% while the overall market averaged 10%. According to Investopedia, Soros “believed that financial markets can best be described as chaotic.” Quite the opposite of an efficient market.
Why Investors Shouldn’t Listen to Out-of-Touch-with-Reality Theorists Read More »
The investment world can seem like the same old game with the same old rules, but it’s always changing and if you don’t adapt, you won’t win the investing game.
Investing Defensively Read More »
Just like buffalo people often feel safer in herds. In most situations this is not a problem, but in some instances (like investing) herds of people act more like lemmings than buffalo, which can land you in serious financial difficulty. Here’s why. Ignoring Fundamental Analysis could Equal a Harmful Investment When looking at a potential portfolio, there are two types
When Investing Leave Your Herd Mentality at the Door Read More »
I’ve never been a fan of Larry Summers. Perhaps he was too smart for his own good. After all, he was responsible for driving Jack Meyer out of managing the Harvard endowment fund. Meyer took the Harvard Endowment from $4.8 billion to $25.9 billion in 15 years but apparently Larry thought he was earning too much
With Summers Out: Which Way for Stocks? Read More »
For centuries now, Africa has been a wild and unknown place full of impenetrable jungles and steeped in mystery earning it the name the “Dark Continent”. Several countries in Africa including Kenya, Ghana, Nigeria, Congo, and Rwanda  are embarking on ambitious projects to provide centers of upscale housing and high tech jobs in an effort to join the 21st century. Are these just “pipe dreams” or are they the wave of the future?
Will Africa Finally Shed its “Dark Continent” Image? Read More »
