Dear Superinvestor Bulletin Follower,
Are you or any family member trying to live off your retirement savings?
Do you think that these retirees feel foolish at having saved conservatively for decades to now have these cash savings generating no income?
Well they certainly shouldn't.
If you are interested in some good reading we would highly encourage you to put the good folks at Horizon Kinetics on your list.
In their latest market commentary they take a look at just how unusual the current interest rate environment is.
Because what we mean is "in the recorded history of mankind." Meaning in the last 5,000 years.
Near-zero and negative long-term interest rates, which are now a near-worldwide phenomenon, have never happened before.
That should arouse at least a moment's reflection, while putting one's capital at risk, should it not? Despite the pressing need for income, one does not want to be an accidental victim of an historical moment.
There is truly a world-wide giant financial experiment going on. We think now it is crucial for investors to be very careful. For us we think that the best way to be careful is to keep a laser focus on what the greatest investors in the world are doing.
Many of these great investors weren't just able to identify the housing bubble and the tech bubble before it.... they profited from them.
All of the companies that we put into the Superinvestor Bulletin Portfolio come from the minds of these great investors. We follow these great investors and cherry pick their highest conviction ideas. We focus on unusual large portfolio positions and companies that make it into the portfolios of multiple Superinvestors at the same time.
Every investment idea that we write-up has passed through the rigorous screening of at least one world-class investor.
If you would like to join our subscribers and get access to our reports on these ideas just click the link below.