In today’s Daily Journal, Porter explains a variety of topics, including the best strategies for making huge gains with little risk… and the big secret that he will strive to pass down to his children.
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.
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.
In today’s Daily Journal, Porter attempts to build a portfolio that’s based on the structure and asset allocation of Berkshire Hathaway’s, but that’s only made up of world-class businesses that, when measured objectively, are better than their Berkshire analogs.
Today, Porter says: If you’ve never shorted a stock before, start small… just sell one share short. It’s a good way to learn how to profit from companies that are definitely going to collapse in a credit-default cycle. Don’t just watch your savings evaporate. Do something. And do it now.