Investor CAFÉ Newsletters
When Will the Doomsayers Be Right?
“The end is not nigh: people and markets adapt to even the worst circumstances.” — David Tepper, billionaire hedge fund manager On Monday, I moderated and debated two doomsayers who are expecting a major bear market in the stock market “soon.” The panel debate took place only a few days after the Islamic State’s terrorist attack on […]
Magic GO Metric Reveals Robust Economy and Confirms Bull Market
“National income accounting has long been unfathomably flawed and worse by the decade but Mark Skousen’s introduction of gross output (GO) has been a big step forward in portraying a more total picture of the economy and where and when it’s vulnerable. Kudos to Mark for it being adopted.” — Ken Fisher, CEO, Fisher Investments, member […]
What was the Most Shocking News at the New Orleans Conference?
Since the mid-1970s, I’ve attended every New Orleans Investment Conference, the granddaddy of gold-bug conventions. This year was my 40th time. I started my investment career in the hard-money movement. My first investment wasn’t a stock or bond, but a silver dollar, following the advice of Harry Browne in his bestselling book, “You Can Profit from a Monetary […]
The Road to Riches: From Omaha to Wichita
This is a tale of two Midwestern businessmen who live only 300 miles apart. In May, I traveled to Omaha to attend Warren Buffett’s 50th shareholder meeting for Berkshire Hathaway. Five months later, I flew to Wichita to meet with Charles Koch (pronounced “coke”), who just released his new book, “Good Profit.” Buffett and Koch have […]
Beware the Bearers of Bad News
“Any man that is bearish on the United States will go broke.” — J. P. Morgan When the market officially entered a correction a few weeks ago, many analysts suggested a severe bear market was ahead — or something even worse. Some are comparing now to 1987 — 28 years ago — when, on Oct. 19, […]
My Encounter with David Rockefeller (Now 100)
In the mid-1990s, when I was a columnist and part-time investigative reporter for Forbes magazine, I interviewed David Rockefeller in his famed office, Room 5600, at the NBC Studios building in Rockefeller Center. (See photo below.) This past June, David Rockefeller, the only surviving grandchild of John D. Rockefeller, turned 100 years old. He is a true survivor. Not only […]
Win in the 7th Year! Joel Osteen’s Positive Gospel Message to Investors
“I believe you are coming into one of your seventh years. The seventh year is when you break free from any limitations that are holding you back.” — Joel Osteen Yesterday I met Joel Osteen, the prosperity preacher and TV evangelist from Houston’s Lakewood Church. My wife introduced me to him but I had enjoyed his sermons […]
Wall Street Teaches Economists a Lesson
“Gross Output, long advocated by Mark Skousen, will have a profound and manifestly positive impact on economic policy and politics. He deserves the Nobel Prize for his work!” — Steve Forbes J. Paul Getty, America’s first oil baron, insisted that the key to successful investing was to “buy into companies and industries that burgeon as […]
Newt Gingrich on #1 Lesson for Investors
In 1999, I met Newt Gingrich, the most influential Speaker of the House in the 20th century, for the first time. At the invitation of friends in Palm Beach, Florida, my wife and I spent a weekend with Newt and several other political leaders, including Rush Limbaugh and former Vice President Dan Quayle. Newt was […]
The Biggest Economic Time Bomb
“When it comes to roads, bridges, and airports, America is a Third World country.” — Jim Rogers, “Street Smarts” The August 29, 2015, issue of The Economist lambasted the West, and the United States in particular, for failing to address a ticking time bomb — rebuilding its roads, bridges, airports and other infrastructure when interest […]
