Want an easy shot at making four–five times your money without taking big risks? It involves a quirky security, hatched from secretive meetings that took place during the 2008 financial crisis. But it’s one that you can easily buy just like any stock. The story begins with the bailouts in 2008.
The elusive 100-bagger is a stock that turns a $10,000 investment into $1 million. Does it exist? Or is it some fantastical creature that people only talk about, like the unicorn or Bigfoot? Chris Mayer has launched a $50,000+ investigation to prove that not only do they exist, but he might be able to spot them out just for you. Read on…
Where do great investors come from? I’m not sure what the hurdle rate for greatness is, but Guy Spier has put up impressive results. His Aquamarine Fund has returned 463% since inception in 1997, versus just 167% for the S&P 500 (a broad proxy for the market). Put another way, $1 million invested at inception […]
Next year is the 65th anniversary of the Peanuts comic strip. And Charlie Brown, Snoopy, Lucy and the rest of the gang will appear in their first full-length feature film in 35 years. One small company has the license to the Peanuts brand. The cash flow due to this company could be enormous. In late […]
Who can forget Robert Louis Stevenson’s Treasure Island? That map, marked with an “x,” is the stuff of high adventure. There is a modern-day equivalent of a treasure map, and it is just as coveted by those who seek reservoirs of oil and gas. It’s called seismic data. What are seismic data? In essence, they’re […]
Fifty years after the 1929 crash, a group of money managers and investment thinkers put together a collection of essays looking back at that experience. The result was a distillation of some pretty fine investment wisdom. Timely, I think, to review now. One of the contributors was Arthur Zeikel, then with Merrill Lynch. The title […]
Franklin Delano Roosevelt famously used the term “forgotten man” in a 1932 speech to describe those at the bottom of the economic pyramid who, he felt, government should aid. But the originator of the phrase “forgotten man” had a whole different meaning in mind. He aimed to expose the seeming good intentions of government to […]
You can count the number of people who went to jail over the 2008 financial crisis on one hand. Which is strange considering the U.S. loves to put people away in jail. But as one author discovered in his most recent book, having the right connections and a big enough bank account, can protect you from even the worst crimes.
The U.S. dollar has been the world's reserve currency for almost a century, and already there are signs it may be in decline. But that doesn't mean it's not still valuable. On the contrary... As Chris Mayer explains, there are many reasons the U.S. dollar will remain relevant on the world stage for years to come. Read on...
A creative, flexible, cheaper, and locally rooted investment platform Imagine being able to invest in private real estate deals with the promise of 12% cash returns for as little as $100. Anyone can participate. There is no “accredited investor” status required, and it’s as easy and simple as accessing a website. Proven real estate operators, […]
The standard version of how money came to be goes like this: First, there was barter. (A handful of nails for a pint of ale!) Then, along came various forms of money. An evolutionary derby eventually crowned gold and silver as the supreme money. And finally, credit (or debt) was born. This is the apex […]
I’ve always hated risk. I despise the thought of waking up poorer than I was the day before. That’s why I’ve crafted my personal investing strategy around deep-value stocks — the same strategies that have proven to grow family fortunes for the world’s best investors. Over the past 2½ years, I’ve shown people all around […]
Mobsters shake down, say, a restaurant owner. They drink all the booze and eat all they want and pay nothing. They rob the cash register. They even go out and borrow money against the place and spend it. When they’ve finally bled the thing dry and the business is about to collapse, they burn the […]
Whether you agree or not that the U.S. ought to strike Syria, there is one reason it will: Because it has to. (Indeed, the bombing may already have started by the time you read this.) Perpetual war is one of the pillars of the US economy. According to the Mercatus Center, the U.S. spends more […]
The position that there need be a state is too often taken for granted. The main body of Sartwell’s book Against the State is dedicated to destroying the arguments for a state from the likes of Hobbes, Rousseau and Hegel. In fact, one thing that becomes crystal clear in reading Sartwell’s book is how bad […]
Crispin Sartwell is someone you should know. He is doing important work in recovering forgotten greats in America’s anti-authoritarian tradition. Among other works, he’s put forward a lean and powerful book titled Against the State. In what follows, you’ll see why he’s my favorite living philosopher. Sartwell will take you on an intellectual tour de […]
The study of crowds has always fascinated people in finance. It’s not hard to understand why. Markets can go to crazy extremes, extremes no one can make sense of. So, one favorite way to explain it away is to say that crowds do dumb things that individuals, upon cooler reflection, would never do. In a […]
The 20th century was an age of big business. And investors did well backing the giant blue chips on their march to glory. But those days are over. In its simplest terms, my thesis is to bet with the small guys. I think of them as cottage industrials. A cottage industry brings up images of […]
So the jobs report came out last week and rattled the market a bit. But there is a different perspective to this whole thing that I think is far more important. It also fingers a much more sinister trend afoot. First, the conventional view: The unemployment rate fell to a new four-year low of 7.6%. […]
There is one reason why you should oppose the proposed $5.3 billion Keystone XL Pipeline. And it has nothing to do with “green religionists,” as The Wall Street Journal calls the opposition in today’s paper. Instead, it has everything to do with a foreign oil company using U.S. government power to force Americans off their […]
It’s Istanbul, not Constantinople, as the song goes. In this history is an omen for any powerful state (read: the U.S.). A somewhat obscure essayist knew all about it back in 1959. His little book deserves wider circulation. Below, we’ll take a look. Constantinople was once the seat of a vast, rich empire. The successor […]
In 1881, Dakota Territory had never sold a bushel of wheat to anybody outside of Dakota. Six years later, it sold 62 million bushels. What happened? I recently read Garet Garrett’s The American Story, which came out in 1955. It is a well-written history of America, unusual because of its emphasis on the powerful economics […]
FRANKLIN Delano Roosevelt famously used the term “forgotten man” in a 1932 speech to describe those at the bottom of the economic pyramid whom, he felt, government should aid. But the originator of the phrase “forgotten man” — William Graham Sumner (1840-1910) — had a whole different meaning in mind. Sumner aimed to expose the […]