This article will show you exactly how to beat the stock market, by a wide margin, by using corporate bonds. In fact, Porter writes, most people should not buy stocks at all…
Most people shouldn’t ever buy stocks. For most people, the stock market is a rigged game that they cannot win. But there is an asset class that’s far, far better than the stock market.
If you want to become a great investor, learn from two of Warren Buffett’s purchases – his worst and his best. Porter takes readers through the history and numbers of both.
Warren Buffett has long warned that the growing size of his portfolio must, inevitably, begin to negatively impact his returns on invested capital. And that’s certainly occurring – though for reasons that are not obvious to most investors, Porter explains.
An investor who consistently beats the market needs others to be consistently on the wrong side of the trade. Don’t persist with a strategy that makes you the one who’s making money for someone else, Distressed Investing editor Marty Fridson writes.
Today’s Daily Journal features an exclusive book excerpt highlighting the dean of high-yield investing Marty Fridson, Porter & Co. Distressed Investing’s senior analyst. Marty has written eight books on investing – including The Little Books Of Picking Top Stocks and Financial Statement Analysis – and now is the focus of a chapter of a book on corporate finance being released soon.