Category: Z B: Stocks


A super safe stock fell 19% last Friday… And you should be worried

If you invested $1 in this stock back in 1968 it would be worth around $7,000 today – returning over 20% a year for nearly 50 years. No, this isn’t another story about buying Warren Buffett’s holding company, Berkshire Hathaway, back in the day and getting rich. This is about buying cigarettes… In

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It’s better to turn cautious too soon…

One of the greatest investors in the world is getting worried… Howard Marks is the billionaire founder of Oaktree Capital, one of the largest and most successful investment firms in the world. A few times each year Marks write up his thoughts about financial markets– he calls them ‘investment memos’. And he just

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And the best performing stock market in the world is. . .

Pop quiz: What country has the world’s best performing stock market? It’s not the United States. Or Canada. Or China. The answer is Venezuela, whose primary stock market index over the last year is up nearly SEVEN FOLD, from 11,700 last summer to a record 72,700 today. It’s amazing that a country where

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1999 called, they want their stock bubble back…

File this one away under “Completely Obvious…” Last night the parent company of Snapchat reported a quarterly loss of more than TWO BILLION dollars. Snapchat, of course, is the photo-focused social networking app that’s adored by tweens and adults who still live with their parents. (Talk about a lucractive demographic.) The company IPO’d

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The myth of the “early bird”

You’ve probably heard the saying “The Early Bird Gets the Worm. . .” It turns out that expression is completely wrong, both literally and figuratively. This morning I was watching these new baby chicks run around and play on the lawn. If you’ve never seen chickens up close and personal, their lives are

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Mike Tyson vs. The Grilled Cheese Truck

[Editor’s note: This letter was written with Tim Price, London-based wealth manager and co-founder of Price Value Partners.] It was just over two years ago that “The Grilled Cheese Truck, Inc.” began trading in the US stock market under ticker symbol GRLD. GRLD was exactly what it sounds like– a truck that sells

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