Mark Skousen
Bitcoin Soars — Why I’m Still Bullish
“Today’s version of ‘buy low, sell high’ is: Buy high, sell higher. Stocks that are high and going higher are a good buy. Stocks that are ‘cheap’ and getting cheaper don’t interest me.” –Gerald Loeb, “Battle for Investment Survival” I quote veteran investor Gerald Loeb on p. 37 in the new 10th-anniversary edition of “The Maxims of […]
The Day Milton Friedman Gave Investors Bad Advice!
“The economy and the stock market are two different things.” –Milton Friedman (“Maxims of Wall Street,” p. 157) After Milton Friedman won the Nobel Prize in Economics in 1976, he suddenly enjoyed fame and fortune. He was constantly in demand and appeared on several popular TV shows, such as Phil Donahue. He once appeared on Dinah Shore’s talk show alongside […]
Breaking News at the White House Christmas Party
****************************************************************************** Publisher’s Note: Are you looking for a great holiday gift? We were going through some areas of our office and found a box of beautiful Rose Pendants that were widely popular a few years ago. These are 24K gold and pure silver — a hard combination to find in any jewelry store. Click here now to learn […]
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The New Bulls and Bears: ‘One Word’ Describes the Post-Election Markets
“The difference between a rich investor and a poor investor is the quality — and timeliness — of his information.” — Bernard Baruch (“The Maxims of Wall Street,” p. 31) Know the signs of the times. Much has changed since the Nov. 3 elections, and smart investors must adjust their portfolio when the political winds shift. With Joe Biden headed […]
Who Predicted the Election and Why It Matters
“In the land of the blind, the one-eyed is king.” — “The Maxims of Wall Street” (p. 62). A number of financial advisors went to 100% cash before the election, fearing that the bull market on Wall Street would falter under the uncertainty of the election. Others sold stocks and bought gold. I was not one […]
Republicans Trump Democrats, Stocks Soar
You probably think my headline is crazy, but it’s true. The media is reporting that irascible Donald Trump was dumped, and sleepy Joe Biden is the president-elect. Then why did stocks soar after the election, given that Biden and the Democrats hate investors and want to cancel the Trump tax cuts? The answer to this puzzle was explained by John […]