If you’re a good investor, the more leverage you can use, the more money you will make. And the key to using leverage safely is having a very efficient portfolio. Over the next three days, Porter will demonstrate to readers how to do this
Each Friday, we provide an update on the current live tracking portfolio (as of the previous day’s closing prices), a summary of the last week of trading activity, and updates on any significant developments among the companies we have positions in.
Innovations of the past few decades have created many outstanding opportunities in distressed investing. To ease the pain of distress, financial entrepreneurs created new procedures to reduce the cost of fixing broken balance sheets – all to the benefit of individual investors.
Following last week’s Daily Journal series on the growth of crypto stablecoins, we’ve heard from several readers asking for guidance on how to invest in this trend. So, in this week’s issue, we’re going to share not only what we recommend owning to benefit from this trend… but also how to own it safely.
What you are looking for in smart, conservative investing is the very small number of businesses that will compound your wealth over a very long period of time, at market-beating rates. How many stocks can do this? Porter provides answers.
On Tuesdays we turn the spotlight outside of Porter & Co. to bring you exclusive access to the research, the thinking, and the investment ideas of the analysts who Porter follows.
Social Security and Medicare’s unfunded liabilities total over $100 trillion! People believe, falsely, that these promises are funded in some way, that the money they’ve paid into the system over the years will be there for them. That’s all nonsense. The money was never invested. And you don’t own the rights to anything.
The LA Lakers NBA basketball team was recently sold for $10 billion. It sounds like a great deal, since the seller paid $68 million for the team in 1979. But that investment has underperformed the S&P 500 by about $3 billion. A similar investment into other great businesses would have made even more.