Archive
Jan 09, 2009
Gold, Viagra, and Emerging Markets: Harry S. Dent on 2009 and Beyond (Part I)
Andrew Mickey, Q1 Publishing
"This level of stimulus is at the point that it's like taking a bottle of Viagra and nothing happens" - Harry S. Dent
We've entered an unprecedented period of uncertainty. The markets have collapsed and $30 trillion of stock market wealth has evaporated.
The future could be filled with even more. There are a lot of unanswered questions.
Real estate, gold, stocks...what's a safe haven? Is this a correction which will get sorted out soon or will it take much longer? Any life in China and India? Inflation or deflation? Is this the end of the financial world as we know it?
Q1 Publishing's Andrew Mickey recently sat down with Harry S. Dent of the HS Dent Foundation to discuss some of these all important big picture questions...
"This level of stimulus is at the point that it's like taking a bottle of Viagra and nothing happens" - Harry S. Dent
We've entered an unprecedented period of uncertainty. The markets have collapsed and $30 trillion of stock market wealth has evaporated.
The future could be filled with even more. There are a lot of unanswered questions.
Real estate, gold, stocks...what's a safe haven? Is this a correction which will get sorted out soon or will it take much longer? Any life in China and India? Inflation or deflation? Is this the end of the financial world as we know it?
Q1 Publishing's Andrew Mickey recently sat down with Harry S. Dent of the HS Dent Foundation to discuss some of these all important big picture questions...
Jan 08, 2009
The One Question You Need to Ask Before Buying Any Stock Now
Andrew Mickey, Q1 Publishing
Warren Buffett is known for only investing in businesses which he understands. He says individual investors should look at being a shareholder as being a "part owner" of the business.
Too often this basic principle of investing is forgotten. Lately, it's been too easy to forget. The recent market volatility can drive the market value of a business up or down 10% in a day makes it tough to think of owning stocks as owning part of a business. At the end of the day though, what you're buying is part of a business.
That's why I'm encouraging every investor to ask themselves before they invest in a company is...
Warren Buffett is known for only investing in businesses which he understands. He says individual investors should look at being a shareholder as being a "part owner" of the business.
Too often this basic principle of investing is forgotten. Lately, it's been too easy to forget. The recent market volatility can drive the market value of a business up or down 10% in a day makes it tough to think of owning stocks as owning part of a business. At the end of the day though, what you're buying is part of a business.
That's why I'm encouraging every investor to ask themselves before they invest in a company is...
Jan 06, 2009
Warning: Hope, Hype, and the Herd
Andrew Mickey, Q1 Publishing
"...most investors tend to project near-term trends - both favorable and adverse indefinitely into the future."
That's what value investor Seth Klarman told a group of investors last February. Klarman portfolio manager and co-founder of the Baupost Group where he has averaged just under a 20% annual return for 25 years. So when Klarman talks, I pay attention.
But hey, this bit of wisdom was from a speech back in February. That's ancient history for Wall Street and the masters of the universe apparently already forgot Klarman's sage advice...
"...most investors tend to project near-term trends - both favorable and adverse indefinitely into the future."
That's what value investor Seth Klarman told a group of investors last February. Klarman portfolio manager and co-founder of the Baupost Group where he has averaged just under a 20% annual return for 25 years. So when Klarman talks, I pay attention.
But hey, this bit of wisdom was from a speech back in February. That's ancient history for Wall Street and the masters of the universe apparently already forgot Klarman's sage advice...
Jan 03, 2009
2009's Trade of the Year
Andrew Mickey, Q1 Publishing
Phewww...I think we're all breathing a collective sigh of relief - 2008 is officially over!
Don't get me wrong, I wish the markets would go up forever and we all could be rich and never have to worry about a thing. Realistically, that just isn't going to happen. Those of us prepared for what is ahead, however, realize its times like these when genuine opportunity is created.
In that spirit, I'd like to reveal the Trade of Year...
Phewww...I think we're all breathing a collective sigh of relief - 2008 is officially over!
Don't get me wrong, I wish the markets would go up forever and we all could be rich and never have to worry about a thing. Realistically, that just isn't going to happen. Those of us prepared for what is ahead, however, realize its times like these when genuine opportunity is created.
In that spirit, I'd like to reveal the Trade of Year...
Jan 01, 2009
Looking Ahead
Andrew Mickey, Q1 Publishing
This is the time of year when the world looks back. We get inundated with the Top 10 of practically everything. Sports, music, news, people "everything."
Now, more than ever, it's time to look ahead. The next year promises to be more exciting than ever. And the opportunistic few who are willing to make it through all this will be well rewarded.
Right now, it seems like nothing could go right next year. The economy is worsening, states and local governments will be ratcheting up taxes, and we'll likely see the biggest bailout yet for state and local governments.
There's not much to get excited about. But if you look hard enough, there are some positive signs out there...
This is the time of year when the world looks back. We get inundated with the Top 10 of practically everything. Sports, music, news, people "everything."
Now, more than ever, it's time to look ahead. The next year promises to be more exciting than ever. And the opportunistic few who are willing to make it through all this will be well rewarded.
Right now, it seems like nothing could go right next year. The economy is worsening, states and local governments will be ratcheting up taxes, and we'll likely see the biggest bailout yet for state and local governments.
There's not much to get excited about. But if you look hard enough, there are some positive signs out there...
