12 Days of Christmas

Today’s 12 Days of Christmas selection is from Porter, sharing the letter he wrote to his son Traveler about life (being poor sucks), investing (don’t overpay for stocks), and more. We hope that you enjoy it… and we'll be back with our usual program on January 6.

Although Bitcoin adoption could take several decades, its role in global markets cannot be ignored. With institutions now able to invest through ETFs, Bitcoin is rapidly gaining acceptance, this analyst writes.

After watching Porter’s End of America documentary, today’s guest writer did some research and then did something else that shocked many people – including his good friend Porter.

When Ronald Reagan spoke to traders and brokers on the floor of the New York Stock Exchange in 1985, he was greeted with roars of approval for what his policies had done for the U.S. economy during his first term as president.

Today’s writer says he finds it difficult to choose a favorite piece of Porter’s writing, but the following essay – originally written in 2015, detailing the three most important ideas every investor needs to know to be successful – is certainly near the top of the list.