Despite a continued debt crisis in Europe and a looming fiscal cliff in the United States, stocks are up more than 12% in the past four months. Whether the market was undervalued or whether the runup is simply due to the amount… Read More
Analyst Articles
2 Stock Picks from a Billionaire Ex-Golf Caddie
I love stories of people rising up out of harsh or even ordinary, middle class lives to ones of great influence, wealth and power. Individuals who have experienced life, as most of us have, are generally better suited for having a complete understanding of how markets and economies really work. This is due to the fact that they have firsthand experience making it to the top. Unlike those who are born with a silver spoon in their mouths, this personal experience of making dreams real can teach everyone crucial lessons for any endeavor. These rags-to-riches stories are perhaps best personified… Read More
I love stories of people rising up out of harsh or even ordinary, middle class lives to ones of great influence, wealth and power. Individuals who have experienced life, as most of us have, are generally better suited for having a complete understanding of how markets and economies really work. This is due to the fact that they have firsthand experience making it to the top. Unlike those who are born with a silver spoon in their mouths, this personal experience of making dreams real can teach everyone crucial lessons for any endeavor. These rags-to-riches stories are perhaps best personified by Ray Dalio, founder of Bridgewater Associates — the largest hedge fund in the world. Dalio was born in Queens, NY in 1949 to a jazz musician and stay-at-home mom. He was never very good at early schooling, wanting to understand the “whys” behind everything. Rout memorization just wasn’t his thing. He caddied in summers to earn spending money and would listen keenly to the golfers talking about stocks and other investments. Those conversations sparked a lifelong obsession with the financial markets. Taking the few dollars he managed to save from his caddie… Read More
Looking for an Election Investment? This Isn’t it…
What’s the first thing people do when they hear about major shootings by a mentally unstable gunman? They go out and buy guns. These shocking news events tend to spook people, so they instantly take steps to ensure they don’t fall victims to the next shooter. As an example, gun… Read More
This Unloved Stock Could Deliver an 80%-Plus Short-Term Gain
While value investing and short-term trading seem to be at opposite ends of the investment spectrum, there are ways short-term traders can use long-term value investing principles to profit. Value investors look for cheap stocks and buy in the hope that over… Read More
September 2012 Update — Don’t Let the Fed Wreck Your Retirement Plan
Idle money is going to be punished for a long, long time... Read More
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