“One day, Amazon will fail. Amazon will go bankrupt.” That might sound like a haphazard prediction at first. After all, Amazon (AMZN) is the fourth-largest company in the U.S. today. It’s valued at more than $1 trillion. The story gets more interesting when you learn who uttered those words… Amazon founder and former CEO Jeff …
These Beloved Growth Stocks Could Soon ‘Age Out’ Read More »
Avalara (AVLR) intrigues me… You’ve probably never heard of the company. In short, it aims to be a leading global cloud-based, tax-compliance platform. And it went public in mid-2018 in pursuit of that dream. Sure, it sounds like a snooze. Thrill-seeking investors don’t seek out tax-compliance companies, after all. But for businesses that operate across …
As parents, we spend many years handholding our children… After all, they’re not expected to know everything. And they’re not expected to do a whole heck of a lot either – at least, not at first. But we do all that with one important expectation in mind… Eventually, we expect our children to grow into …
These ‘Basement-Dwelling Kids’ Can Ruin Your Returns Read More »
Folks, consumer sentiment is bad overall right now. And it’s especially bad in China… In fact, China’s consumer confidence index is at its lowest recorded level. The data goes back to 1991 – a span of 31 years. But frankly, it doesn’t surprise me. After all, as my colleague Carlton Neel detailed on Friday, the …
About 22 years ago, I ate lunch with office colleagues who sang the same tune every day… They couldn’t get enough of their favorite Internet stocks. You see, it was the peak of the dot-com boom… It was a new job for me. I didn’t want to act like a snob. So I sat silently …
I bet you own more than one stock in your portfolio… After all, you can’t see the future. You don’t have a crystal ball. If you did, you would simply invest all your money in the best-performing stock. And then, you would spend all your time doing something other than investing. Of course, that isn’t …
It’s not official yet… But a recession seems more likely every day. In fact, one major financial leader is practically calling it already… JPMorgan Chase (JPM) CEO Jamie Dimon only sees a 33% chance that we’ll come out of the current environment unscathed. He believes a severe recession is just as likely. And with the …
Think of stock analysis like a trial… Mr. Market is on one side. He argues for following trends reflected in stock charts. He also supports working with technical-analysis indicators and sentiment-related data. Mr. Contrarian opposes Mr. Market. “Be smarter,” he says. “Buy when others are fearful. Sell when they’re greedy.” But as I explained yesterday, …
As the judge in the Court of Investor Opinion, you don’t have a gavel or a sheriff… But you do have a computer mouse. And that’s all you need to hear this case… You’ll be evaluating evidence presented by Mr. Market and his adversary, Mr. Contrarian. You need to make a ruling. And then, you …
The Reason Why Mr. Market Often Tops Mr. Contrarian Read More »
Index investors suffer from what I call “Harrison Bergeron syndrome”… Harrison Bergeron is the title character in a short story from American writer Kurt Vonnegut’s Welcome to the Monkey House collection. It was first published in 1961. The short story is set in 2081. In this dystopian future, the government forces smarter, more attractive, and …
Don’t Let Wall Street Make You Into Harrison Bergeron Read More »
