As the impact of higher inflation, slow economic growth, and a collapse in GDP becomes apparent, a scapegoat will be found. Porter tells the story of Jenkin’s ear. When the elites’ financial dominance is threatened, they find an ear. And they cut it off.
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.
Our top three Best Buys this month include a new entry – a Japanese conglomerate whose secret sauce is getting access to super-low-cost capital that it then generates 15% returns on.
In the Distressed Investing April 10 report, “Car Talk,” we recommended buying Cerence AI’s 1.5% convertible bond maturing July 1, 2028. Today, we recommend selling the bond. At the time of the recommendation, the bond was priced at $692, which equated to annual yield of 13.6%. We indicated that we thought it extremely unlikely that
Tech Frontiers editor Erez Kalir makes the case for owning Ethereum and for having your own portfolio of Blockchain Blue Chips. For investors building a Forever Portfolio, Ethereum isn’t an optional speculation but instead a core “must own.”
We are recommending investors sell their position in offshore driller Sable Offshore (NYSE: SOC), which we recommended in December 2024 as part of the “Trump’s Secret Stocks” basket in The Big Secret On Wall Street portfolio.
In the May 8 Distressed Investing report, “Cracking the Code,” we recommended the combined $1,000 purchase of one Green Plains 2.25% convertible bond, then trading at $774, and shares of Green Plain stock (Nasdaq: GPRE), then trading at $3.66. At the time this equated to one bond and 61.7 shares. Recently we recommended selling the
Today, the Nobel prize was awarded to three economists for their decades of contributions to understanding how technological progress has transformed societies over the past two centuries, lifting billions out of poverty, improving health, and raising the overall standard of living.
On Friday, the CBOE Volatility Index (VIX) jumped 30% from 16 to 21, as the S&P 500 fell 2.7% for its largest single-day decline since the Liberation Day tariff turmoil in April. The surge in the VIX has pushed up options prices across the board, creating an opportunity to capitalize on juicy premiums available from selling covered calls.