This year’s Halloween has been a frightening affair for U.S. markets. The benchmark S&P 500 index dropped 2% since October 31. However, the real issue is that since early September, the major indices have failed to provide upside confidence. The markets are...
Dear Reader, I’ve had the experience of being able to speak with some of the greatest investors and speculators on the planet, thanks to this letter and our weekly podcast. Oftentimes, we even meet with the guest in person. I greatly value both the on-camera interview...
The beaten down commodities sector was THE most important theme in 2015, much more important than the U.S. Fed rate hike. We believe mainstream media has overly emphasized the importance of the interest rate hike. Crude oil is the most important energy asset in the...
Below I’ve listed out a simple savings strategy I’ve utilized to save over 20% of my paycheck. The key for me is “out of sight & out of mind”. Saving in different spots helps keep me honest with the added benefit of diversifying my risk across banks and...
Driven by the collapse of key commodities oil and copper, the damage in the commodity space has been huge. Since the 2011 top, the CRB index, a proxy for the commodity complex, has lost 45% of its value. Year-on-year, the index is 37% lower. The good news for...