The Lindy Effect Can Make You a Better Investor
Broadway is home to long-running hits. And many flops. It was also home to Lindy’s Delicatessen. That was a hot spot for actors, writers and the people who make Broadway what it is for almost a 100 years. According to legend, actors enjoying a late-night meal at Lindy’s noticed that if a Broadway show lasted…
Brandan FurnaceCan Electric Vehicles Actually Save the U.S. Economy?
How much did it take to fill up your gas tank this week? $50 … $60 … $80 or more? The price of oil is on the rise, but so are sales on electric vehicles. Last year, EV sales (as a percentage of new car sales) grew from 2.2% to 6.1%… That’s 3 million electric…
A Strategy to Build Your Nest Egg By 300%
March 2018… I’m sitting across a table from Adam O’Dell. We’re at the Starbucks on the bottom floor of my office building. I order a large coffee. Adam doesn’t order anything. He doesn’t need to. He’s already alert and ready to go. “What do you want to meet about?” Adam is only in town for…
New AI Algorithm Helps You Climb the “Profit Mountain”
Looking for the all-time, best-of-the-best investment returns? Look no further than Renaissance Technologies. If you put just $5,000 into its Medallion Fund when it was founded in 1988, then never touched it, you’d have $304 million today. That’s what you get when you compound your money at 37% a year for 35 straight years. RenTech…
How the Federal Reserve Could Spark a Stock Buying Frenzy
Part of the Federal Reserve’s job is to hurt some people. Of course, that’s not in the official job description of Fed officials. (It’s the quiet part that we aren’t supposed to say aloud.) The official job description is to pursue policy targeting stable prices and maximum sustainable employment. This means that the Fed always…
3 Reasons Why We’re In an Oil Bull Market
Oil just closed at a 10-month high! And this is just the start of oil’s bull market. If you’ve been listening to me, this won’t shock you. The Real Talk: Oil is a major mega trend that every Alpha Investor should be watching. Long-term … it will pay to be bullish on oil. And here’s…
3 Ways the Federal Reserve is Watching Inflation
Last Friday, Federal Reserve Chair Jerome Powell spoke at Jackson Hole, Wyoming. This is a traditional location for Fed chairs to make important pronouncements. The Kansas City Fed has hosted an annual conference in Jackson Hole since 1982. Officials started holding conferences a few years earlier. During that time, locations changed and the speeches didn’t…
This Systematic Trading Strategy Beat the S&P 300-to-1
Early in my career, I traded for two multimillionaire hedge fund guys — let’s call them “Nate” and “Chad.” These two men were instrumental in showing me how to make money in the market. But they couldn’t have been more different in their approach. Nate was, in a word, neurotic. He frequently pulled all-nighters to…
Why Health Care Is the Mother of All Mega Trends
In 2004, The Washington Post Co. had a market cap of close to $9 billion. The crown jewel of the company was The Washington Post, the nation’s fifth-largest newspaper. But the advertising landscape was quickly changing from print to digital. As advertising dollars flowed to online platforms, newspapers struggled to adapt. Falling ad revenue and…