Investor CAFÉ Newsletters
How to Never Lose Money Again in the Stock Market
“Warren Buffett’s #1 Rule: Never Lose Money! “Rule #2: See Rule #1.” Warren Buffett’s #1 rule is easier said than done. His own investment firm, Berkshire Hathaway, has lost as much as 40% of its money in bear markets over the years! On my shelf, I have a book entitled “Wealth Without Risk,” which was written by the late Charles […]
King Dollar: Up, Up, and Away!
“The U.S. Dollar will remain the world’s currency for the next fifty years.” — Warren Buffett Despite the Federal Reserve’s quantitative easing (QE) policy and its decision to cut short-term interest rates to zero (the interest on 90-day T-bills fell below zero today), the dollar continues to surge ahead. And we’re profiting in my Forecasts & Strategies and […]
There is Hope for Investors — Look At This Chart!
“Never underestimate the size of a panic, nor the power of a politician.” – Sir Harry Schultz (p. 112, “Maxims of Wall Street”) After the World Health Organization declared the coronavirus a “pandemic” yesterday, Wall Street suddenly entered bearish territory and fell more than 20% in just one month! Talk about March Madness. Everyone is panicking. In this issue, […]
We Already Have a Wealth Tax, and It’s a Lot!
It dawned on me the other day when I was preparing to give a lecture to my Chapman University students on the cardinal principles of taxation. I suddenly realized that a wealth tax as proposed by Bernie Sanders, Elizabeth Warren and other radical democrats is already in the tax law. It is called RMD — Required Minimum Distributions — that all […]
Is Wall Street on the Brink of Disaster?
“Beware of a ‘black swan’ event that could derail the longest running bull market in history.” — January 2020 Prediction Issue, Forecasts & Strategies My prediction of a “black swan” event just eight weeks ago has hit the global economy fast and furiously, threatening the bull market. Some experts are now predicting a global pandemic […]
What Senator Rand Paul Told Me Last Night
Last night, my wife and I hosted a reception and fundraiser for Senator Rand Paul and his wife Kelley at our new home in California (See the photo below.) We had over 50 investors and concerned citizens attend. Sen. Paul and his wife have written a full-length critique, “The Case Against Socialism.” They have done a great job exposing the failure of […]
Gold vs. Equities: Which Is Better For 2020?
“Wall Street and the economy are two different things.” — Milton Friedman I just returned from the Orlando MoneyShow, where investors were optimistic and dismissed the fear of a health epidemic. Yet, the coronavirus is taking its toll. The Chinese economy is tanking, commodity prices are plunging and interest rates are hitting new lows. At one […]
Fast Money: Ten Days Driving a Tesla
“You have to buy the right stock in the right way at the right time.” — Larry Williams In my “Financial Economics” class here at Chapman University, I asked students the following question: Which of the following markets offers the average investor the best way to make money fast? Penny mining stocks Stock options Non-dividend-paying growth stocks Commodity futures Emerging […]
Which Is More Important, Earnings or Dividends?
“Dividend growth is the true signal of a prospering company.” — Lowell Miller, “The Single Best Investment” Most Wall Street analysts believe that earnings, not dividends, are the key to the performance of a publicly traded company. After all, dividends come from earnings. If a company wants to pay a higher dividend, the payout must come […]
What Happens If Your Favorite Guru Loses His Magic Touch?
“Funds don’t have track records, but fund managers do.” — Alex Green, Oxford Club “There’s no such thing as the goose that lays the golden egg forever.” — Jim Simons, Renaissance Technologies Fund I’ve written recently about legendary money managers who used to beat the market for years, but then suddenly lost their magic touch. For example, […]
