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Several years ago, I was staying at the Westin hotel in Guangzhou, China with my wife. We were there to attend the Canton Fair and also check out the city, which has historically been the end of the Silk Road….
It started off as a way to become disciplined. By writing down thoughts and ideas, you can quickly figure out if you’re on to something good… or if you’re just wasting your time. Has that ever happened to you? You…
Sir John Templeton is one of the most famous investors to have ever lived. His claims to fame include everything from buying stocks at the bottom of the great to depression to shorting the dot com bubble. At the time…
Imagine buying over 100 tons of US nickels. To put that into perspective, not even the world’s largest forklifts can lift that much weight. In fact, they can’t even lift half of that weight. So, why would someone go through…
Things have been moving faster and changing quicker than I could have ever imagined. And there is one thing in particular that will really change the cannabis market… and it’s just starting to happen.
For the minority who understands the bigger picture, there is a tremendous opportunity to position yourself now before the majority realizes what’s going on. Because when the rest of the herd catches on, most of the profits will be gone.
And sometimes companies get it wrong. They end up building systems and infrastructure that become totally useless.
When this happens, companies end up with “stranded assets.”
In fact, there are even stories about cats walking across people’s home computers and accidentally executing trades.
Seriously. A cat. Can trade stocks.
“Nobody has ever gone poor by taking profits.”
If you’re sitting on massive gains from stocks, bitcoin, or Beanie Babies, don’t be afraid to sell some.
Older people are better at investing.
That’s not a factual statement… and it’s not politically correct either.
But, it’s generally true.