In my experience I have learned
that if you find something that's hated, that has a lot of value and things are
getting better you probably will do fine
and that's why I'm investing in Russia. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))
Wednesday, November 29, 2017
Tuesday, November 28, 2017
Investing: Agriculture Will Do Well In The Next Bear Market
I'm very optimistic about
Agriculture's been a disaster for 35
years and it's changing in my view. It's
changing so if you're worried about the
world and that we are going to have a serious
bear market you should think about
agriculture because agriculture will
probably do well, that is a place that will probably decouple
in the next bear market.
Commodities: Coal, Steel and Agriculture
I'm a director of a coal company so we
obviously should worry about Chinese
coal. I do own commodities yes, but Steel is
not high on my list because it's there's
no real active futures market but some
commodities I'm very optimistic about. Agriculture's been a disaster for 35
years it's changing in my view.
Monday, November 27, 2017
A Hot Sector In China
If you're cleaning up
pollution in China you don't care if
the West disappears as you're too busy going
to work every day and you're making too
much money but the companies that have debt and deal with the West are gonna
have problems the next time around.
Buying Opportunities In Japan, China and Taiwan
I bought stocks this week in China, Japan, Taiwan so I
see opportunities on the long side in
markets. That doesn't mean I'm right. A bear market may start today but I see
opportunities. But if you're worried
about that you need to know how to sell
short. Great fortunes can be made in a
bear market selling short.
Friday, November 24, 2017
The Worst Bear Market In A Lifetime
What I have
said was that we will have a bear market
again some day. Now, Janet Yellen says we wwill not, she says everything is okay
now and there won't be any more economic
problems. I happen to disagree with her
and I know we will have bear markets
again.
What I said was the next one
we have when it comes is going to be the worst in my
lifetime, the reason for that being in 2008 we had a problem of too much debt, the next time around the debt is so so
so much higher, so the next time
we have a bear market is gonna be the
worst in my lifetime.
Wednesday, November 22, 2017
The Use Of Stop Losses
Some of the smartest
people I know use stop losses, whatever number they use. I have
never used stop losses but I frequently wish
I had. In fact the more I read the more I think "maybe I should start using stop losses", I don't have anything to lose much by
doing a stop loss and it might help me a
lot.
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