It’s not always fashionable to go with what’s “hot”… Sure, stocks can go on incredible runs when they first catch investors’ eyes. The COVID-19 pandemic provided two examples… Work-from-home superstar Zoom Video Communications (ZM) soared from about $70 per share at the start of 2020 to around $570 per share by mid-October 2020. That’s a …
If you’re familiar with Warren Buffett and Ben Graham, then you likely know “Mr. Market”… The mythic being came to life in 1949 in Chapter 8 of Graham’s classic book The Intelligent Investor. And he has matured over the past 72 years through Buffett’s repeated references. One thing is clear… Mr. Market is emotionally volatile. …
Mr. Market Is Still Emotional… But He’s Not as Crazy Read More »
Believe it or not, signs of economic slowing were once viewed as bad news for stocks. But “Dr. Doom” changed that with one legendary prediction on August 17, 1982… You see, former Salomon Brothers Chief Economist Henry Kaufman – known by the nickname “Dr. Doom” – had previously projected that deficit spending and a strong …
Over the years, Warren Buffett has said many great things about his investing principles. But the legendary investor’s best quote might be about one of his biggest blunders… I’m talking about his early 1990s investment in USAir. In his 1994 letter to Berkshire Hathaway (BRK) shareholders, Buffett simply attributed the blunder to “a case of …
I’m not even finished reading it yet, but I’ve found a new favorite investment book… It’s Alexander Hamilton, published in 2004 by author Ron Chernow. Now, I know what you’re probably thinking… “But Marc, that’s a biography.” Yes, it’s true… Chernow is a Pulitzer Prize-winning biographer. And this particular book served as the inspiration for …
Editor’s note: The markets and our Chaikin Analytics offices will be closed tomorrow in observance of Christmas. Because of that, we won’t publish the Chaikin PowerFeed e-letter. Look for your next issue on Monday, December 27. And enjoy the holidays! Folks, inflation is eating away at our spending power right now… And there are few …
The Fed Is Telling These Investors to Pound Sand Today Read More »
Everyone wants to retire rich… You’ve likely dreamed of the day when you can stop working. You’ll do whatever you want all day long. You’ll have no responsibilities. You can just relax by the pool or on the beach. Of course, some of us are closer to retirement than others… And in the case of …
Avoid Ruining Your Retirement Dreams Before It’s Too Late Read More »
Milton Friedman often called inflation the “cruelest tax”… The late, great economist is best known as the godfather of the Monetarist school of thought. His guiding principle revolved around the quantity of money… In short, throughout his decadeslong career, Friedman focused on how much money the Federal Reserve put into the economy… The more money …
Folks, I’m going to share a portfolio-management secret with you today… It’s a simple exercise that I do to make sure I know the ins and outs of every position I hold. And as you’ll see, you can easily incorporate it into your own investing workflow, too. I just pretend a young kid is following …
Thinking Like a Young Kid Will Make You a Better Investor Read More »
You’d think established measures of risk would meet a basic rule of investment prudence… But they don’t. The indicators are based on data showing how volatile a stock was in the past. So as a result, they only work if you assume that past performance guarantees future results. That’s a bad assumption… I detailed why …
