Simple Things, Done Right, Will Make You Rich
This year, says Porter, has been a great opportunity to establish your own “Hershey Retirement Fund,” and I hope you’ve taken advantage of it.
Porter’s Daily Journal
How To Value Bitcoin
Porter explains today that Bitcoin’s price and its intrinsic value are understandable (and predictable) using standard economic metrics. And even if you’ve never understood the first thing about the internet or Bitcoin, you can easily understand (and predict) its price.
Too Much Of A Good Thing
Private credit growing too big too fast is coinciding with the product becoming increasingly available to ordinary investors through exchange traded funds (“ETF”). The story is instructive to both debt and equity investors.
Buy This Stock: It Is Going To Fall 20%+ This Week!
This company is the Michael Jordan of insurance: no one can beat it. Its results are so impressive that the expectations on this business are immense. And we’ve noticed that virtually every time it reports earnings – no matter how good those earnings are – investors are disappointed and the stock sells off.
How To Produce Vastly Higher Returns With Less Than Market Risk
Porter’s Permanent Portfolio has less than half the volatility of the stock market while earning twice the S&P 500’s returns. Producing massive excess returns with such little volatility is virtually unheard of in the markets. With higher returns and less risk, Porter’s Permanent Portfolio is overperforming our expectations.
Banks Are Toast – And That’s Good News
Stablecoins represent a way to completely disintermediate the entire banking system, replacing vaults with cryptography, and expensive private payment networks with the free internet. This means the demise of traditional banks.