16
Jul
Jul
“Of course, you never go broke taking a profit, but you never get rich either, because a good portion of what you make goes to taxes,” said legendary value investor Ron Baron.
Author Archives: Mad Hedge Fund Trader
15
Jul
Jul
There is a new social movement taking place that you probably haven’t heard about. Increasing numbers of people, especially Millennials, are engineering their personal finances to make early retirement possible. I’m not talking about hanging it up at 60, 55, or even 50. I’m talking extreme early retirement, like 45, 40, or even 30! I […]
15
Jul
Jul
I was able to get the short Invesco NASDAQ Trust (QQQ) tech trade today and I took profits on a few things and got out of margin on your last warning. I have done well keeping up with the global alerts for the last couple months and that portfolio is looking good. I was able […]
“Algorithms know everything about price but nothing about value,” said my old investor and mentor Leon Cooperman of Omega Advisors.
As you are all well aware, I have long been a history buff. I am particularly fond of studying the history of my own avocation, trading, in the hope that the past errors of others will provide insights into the future. History doesn’t repeat itself, but it certainly rhymes. So, after decades of research on […]
25
Jun
Jun
“Sometimes life is going to hit you in the head with a brick. Don’t lose faith.” – Said Co-Founder and Former CEO of Apple Steve Jobs
23
Jun
Jun
“Nine-tenths of tactics were certain enough to be teachable in schools. The irrational tenth was like the kingfisher flashing across the schools,” said TE Lawrence, known as Lawrence of Arabia.
“Technology is a word that describes something that doesn’t work yet.” – Said British Author Douglas Adams
Gold has been one of the better-performing asset classes this year. And here’s the good news. It’s only just begun. Cut US dollar interest rates the least, and the greenback takes a hit. That is major gold positive. Trapped in a narrow trading range for three years, the yellow metal has suddenly become everyone’s favorite […]
18
Jun
Jun
“There is no vaccine for credit losses….bank provisions will be in the trillions,” said bank analyst Chris Whelan.