Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Friday, August 28, 2020
I Bought More Gold Last Week
Gold Will Go A Lot Higher
If I’m right, gold is going to go much, much, much higher before this is over. Gold may well turn into a bubble. I hope it doesn’t, because if it turns into a bubble, I’ll have to sell it and I never want to sell it. I want my children to have my gold and silver someday.
Finding The Right Trading Style For You
I know I'm a terrible short-term trader. I don't even try it anymore. I didn't know it then but i found out...
Whether the style picks you or you picked the style. For me it was trial and error.
Nobody likes to hear it, everybody wants a hot tip. Everybody wants to be rich this month. Well the second advice is don't listen to hot tips.
Wednesday, August 26, 2020
Howard Marks: Life Will Go On
The question every investor is confronted with right now is how do you put capital at risk with any degree of confidence when the outlook is more uncertain that at any time in modern history?
Trump Will Go Tough Against China
"You have a lot of uncertainties... Number one is the election. Trump officially started his campaign, he was nominated, he accepted. Now, he's going to go hard on China. His popularity or the polls are indicating his his nose diving. So, he's just going to come out and look like going tough against China." - Nader Naiemi, AMP Capital
Covid 19: Politicians Have Overreacted
Highlights from the interview:
"Being a young person in America right now is not a good thing to be."
"In 2009 we had the H1N1 virus in America well they didn't close McDonald's (MCD) they didn't close the airports this time for whatever reason politicians seem to have overreacted."
Monday, July 27, 2020
Jim Rogers: Where I'm Investing Right Now
Anything that I'm buying and I have bought a couple of things... I'm buying one because they're so beaten down that no matter what happens I don't think they're gonna go down much more.
I'm gonna give you an example.I'm not buying Venezuela, I cannot buy Venezuela because I'm an American and it's sanctioned so Americans cannot buy assets in Venezuela. But someone who is able to buy Venezuela could probably buy Venezuela now because no matter how bad things get Venezuela is not going to go down very much and it may if any and it may start reviving.
So there are things like that. Now again, I'm not buying Venezuela, I would like to but I cannot but I'm trying to find things like that. Stocks, companies that are in that kind of situation and i have bought a couple of those recently.
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