I came across this interesting article from CNBC while googling for some market information. Here is the article which has been modified slightly. At the age of 12, billionaire Ray Dalio bought his first stock for less than $5 a share with money he made while caddying in Queens, New York. “I got lucky, because the…
Back to school
Over the last couple of weeks, I have presented at several private meetings for investors and urged them to think outside the mainstream. No obligation and lengthy sales pitch. With each session triggering a flood of requests for additional meetings. Every traditional investor faces the same dilemma. Shoot for huge returns and you put way…
It was just another day
6:00am: Another day began and I engaged in my customary early morning meditation program. 7:00am: Checked out a dozen of my favorite charts. The bullish market action so far this year has probably surprised the gloom and doomers out there. Oh, a second Great Depression is still possible. I never claim to have “everything” and I…
You still do not get it!
A dose of reality is no bad thing. I received a call from an investor who was in a very foul mood. Like some others, he bailed out of all his stocks after the recent correction. I calmed him down and told him that well, in a secular bull market, it does not matter if…
Understand the bigger picture
Everyone is talented in their own way and are good and bad at different things. By working collaboratively, we can learn from the other team members’ expertise, experiences and backgrounds. I work with the best traders and fund managers around the world. Yes, I deal with a lot of people who are smarter than me and…