I Don’t Invest in Momentum Stocks

I don’t really understand high-priced stocks and so I just stay away from momentum stocks.   My investment style is just to find stocks or markets that are depressed and cheap, where there is both value and also some an element of change taking place. In the stock market I like to buy low and sell high.  (Netflix (NFLX), Facebook (FB), Tesla Motors (TSLA))

Markets: Recession, Interest Rates and Inflation

The problems are getting worse. Japan is already in recession (iShares MSCI Japan ETF(EWJ)). Parts of Europe, parts of America are in recession. 

The world has many problems facing it. Interest rates are going back up and a rise in interest rates will hurt a lot of people, it will help some but it will hurt most people. You have inflation rising again. I am not very optimistic about the next 2 or 3 years. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Futures)

If Trump Starts A Trade War, Sell Everything!

President Trump very much wants a trade war with Mexico, China, Korea, Japan... And if that really happens, you sell everything, every asset in your portfolio. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM))

Commodities: Crude Oil

Crude oil is in the process of making a complicated bottom. We will look back some day and we will say, "In 2015, 2016 or 2017 energy made its bottom and then prices moved higher." (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)

I'm Very Worried About the Global Economy

I am very worried about the global economy in the next few months. First of all it has been 8 years since we had an economic recession in America. Historically we had them every four to seven years. There are many problems in the world economy. Donald Trump has promised a tare war with Mexico, China, Korea, Japan... If he does that, my God, we are going to have serious problems! (iShares MSCI Japan ETF(EWJ), iShares MSCI South Korea Index Fund ETF (EWY), iShares FTSE/Xinhua China 25 Index ETF (FXI))

Investing: Read From Various Sources

Be skeptical. Be skeptical of everything you hear and read. Try to get as many sources of information as you can. Get your information from various countries, various news sources. Then put it all into your brain and you can get it right.

Listening to one source of information, especially in 2017 is a dangerous thing to do!

The Traits of a Great Investor

You have to be skeptical, you have to be curious, you have to be willing to go against the accepted wisdom. You have to think independently and that is very hard to do. Be skeptical of everything you hear or read.

You do not do the opposite of what other investors are doing just to do the opposite. there must be a reason. Figure out what is really happening and you can be very successful in the markets.