The Big Secret On Wall Street

The Big Secret On Wall Street, our flagship publication, focuses on capital efficient stocks – finding world-class businesses that prioritize returning significant cash to shareholders. In our view, this is the simplest and surest road to permanent wealth.

We are opportunistic in the types of capital efficient businesses that we seek. Some are long-term investments that we recommend buying and holding forever. Others may be shorter-term plays in massive long-term trends like energy and commodities or tech stocks. We find ideas across all sectors of the market, and we are always on the lookout for a chance to buy great companies at discounted prices.

  • A Double-Headed Stock Market
    There are good AI stocks and there are not-so-good AI stocks: some are overvalued and some are growing revenue and earnings while creating lasting innovations. It is a stock market where both things can be true.
    Read More
  • October 2025 Best Buys
    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.
    Read More
  • Sell Alert: Sable Offshore
    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. 
    Read More
  • Venture Global Shares Drop 20% On Legal Setback
    Shares of liquefied natural gas (“LNG”) exporter Venture Global (NYSE: VG), which we recommended in The Big Secret On Wall Street, fell 20% today on an adverse ruling in its arbitration case against oil giant BP.  The case deals with LNG supply contracts between the two companies during 2022, when LNG prices shot up following
    Read More
  • Always In The Shadows, Always In Control
    A global version of Berkshire Hathaway, this Japanese firm doesn’t merely own a collection of great businesses, it controls entire industries, but never directly.
    Read More
  • A Surprise AI Winner
    Despite years of steady growth, investors have abandoned the stock featured this month because they believe the business is fading – it is being viewed almost like an Old Economy company, even though it is actually a technological pioneer. This company is poised to flip the narrative, sending the stock higher as investors realize it is an AI winner.
    Read More
  • Sell Alert: Saba Capital Income & Opportunities Fund (NYSE: BRW)
    We recommend investors sell their position in the Saba Capital Income & Opportunities Fund (NYSE: BRW), to realize a gain of 29% since we first reported on it in 2023. 
    Read More
  • Introducing Porter’s (New And Improved) Permanent Portfolio
    Last year, Ported unveiled an approach to investing where you don’t have to trade in and out of positions, where you don't have to follow the news, and where you don’t even have to worry about the future. Now, he just made it even better.
    Read More
  • What Lower Rates Really Mean 
    In this week’s issue of The Big Secret On Wall Street, we perform a brief market analysis following the Fed’s rate cuts and a comprehensive portfolio review on four of our holdings as well as offering actions to take.
    Read More
  • September 2025 Best Buys
    Our top Best Buys this month tried direct-to-consumer and sales slumped severely. Today, though, the company is helmed by a new and sensible CEO whose top priority has been getting its product off the internet and back into major retailers, with encouraging results that are reflected in recent earnings.
    Read More