The Wall Street Journal published one of the funniest investment strategy pieces I have ever read. Dilbert cartoonist Scott Adams argues that you should invest in companies you hate because only the most unprincipled and rapacious firms make the greatest profits. Moral bankruptcy is a great... More »
One of the great things about the Internet is that when you put something out there, often what comes back at you is ten times better. Last week I posted a piece on how hedge funds were zeroing in on the for-profit education companies as potential shorts (click here for the piece). I received... More »
Those hapless investors who ignored my advice to sell in May and go away certainly paid the price. Take a look at the chart below of year to date asset class performance showing the shakeup that spring wrought in all its gory detail. The shift last month from green to red columns is more than... More »
With much fanfare and celebration, I am happy to announce my new state of the art website for www.madhedgefundtrader.com . The ground up rebuild offers vastly enhanced functionality and ease of use. For a start, the old website, Hedge Fund Radio, and the blog have been consolidated into a single... More »
“”Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five,” said Charles Nenner, of Charles Nenner Research in Amsterdam.
Charles Nenner, technical analyst to the stars, says it is safe to buy the S&P 500 (SPY) this week for a trade because the big crash isn’t coming until the fall. You should use the current bout of weakness in the Australian dollar (FXA) to load the boat, probably sometime in July. Oh,... More »
Say you owned 10% of Apple (AAPL) and you sold it for $800 in 1976. What would that stake be worth today? Try $22 billion. That is the harsh reality that Ron Wayne, 76, faces every morning when he wakes up, one of the three original founders of the consumer electronics giant. Ron first met Steve... More »
As part of my never ending campaign to get you to move more money into emerging markets, please take a look at the chart below from Goldman Sachs. It shows that the global middle class will rise from 1.8 billion today to 4 billion by 2040, with the overwhelming portion of the increase... More »