In today’s Daily Journal, Porter reflects on Memorial Day. Originally called Decoration Day, this holiday started in the South after the devastation of the Civil War, as a day to honor fallen Confederate soldiers by decorating their graves.
Distressed-debt recommendations don’t rely on stories about immunity to recession that may turn out to be fairy tales. No. Instead the Distressed Investing team rolls up their sleeves, gets their hands dirty, and invokes a couple of more clichés that describe rigorous analysis of companies’ financial leverage, maturity schedules, liquidity sources, and cash flows.
We look at how the portfolio of six stocks we expected to benefit from the second Trump administration has performed following the U.S. president’s first 100 days in office.
Sable Offshore was first recommended on December 20, 2024. Now, it looks even better: the risk has diminished and shares have much a higher floor with even greater upside than we estimated five months ago.
Our first issue of The Trading Club will be published at 4 pm on Thursday, May 29. As we will with every issue, we’ll send you an email containing your full issue, and of course you can check back right here to find a web version. We will also be publishing a trading video on
In today’s Daily Journal, we explain that President Trump’s erratic behavior on tariffs isn’t the cause of today’s economic uncertainty. The real cause traces back to what Porter first began writing about in his End Of America documentary, in 2011 – runaway government deficits leading to an unsustainable debt burden that would culminate in a crisis of confidence in U.S. financial assets.
In today’s Daily Journal, Porter further explains the details of the portfolio he assembled called “Better Than Berkshire,” which mimics the holdings of Warren Buffett’s Berkshire Hathaway, but uses publicly traded companies as replacement for what Berkshire holds.