At Porter & Co. we are determined to be your best source of investing, economic, and financial insight, and your first choice for information about what to do with your money… in the entire world, bar none.
This is Porter & Co.’s Sunday Investment Chronicles. Every week, the Porter & Co. research team pores over thousands (and thousands) of articles, reports, social media posts, analyses, regulatory filings, and anything else we can get our hands (and eyes) on to understand what’s happening in the world of investing and finance – and to uncover the most original, compelling, and double-head-fake ideas…
… and we curate the best of those here. We do it all the old-fashioned way: Hours of reading and brainpower (no AI curation here). We read everything – for you.
In Case You Missed It
After turning Monday’s Journal over to Distressed Investing senior analyst Marty Fridson, Porter returned on Wednesday to talk about Nvidia… reporting that the giant chipmaker had grown revenue by 69% year-over-year, with net income of $18.7 billion. He concluded:
You can think of Nvidia as being Intel, Microsoft, and Cisco Systems wrapped up in only one company. Nvidia created the parallel-processing revolution – the most powerful technological innovation in history. And it will control it for at least the next decade and probably much longer.”
Marty Fridson was back on Thursday, releasing a recommendation in his Distressed Investing newsletter of shares of a company whose bond he had already recommended. He wrote:
“… the bond market often recognizes that a business is turning around before the stock market does. (The bond market often smells trouble first, as well.) We believe the bond market is right again about” this wellness company he reported on in “More Ways To Get The Good Life.” Shares could rise substantially – perhaps even double or more – over the next two or three years, Marty wrote.
Also Thursday, The Big Secret On Wall Street team released its “Best Buys.” We only keep companies in the Big Secret portfolio that we truly believe represent good places to put your money. However, some stocks we’ve recommended provide better opportunities at the moment than others. These are the “Best Buys.”
Since we began compiling and tracking the performance of the “Best Buys” in February 2023, the companies on the list have generated a 35% return, while the overall market, measured with the S&P 500, has produced a 22.7% return.
The Trading Club team released a trade alert this week… recommending members purchase what the team calls “a tremendous contrarian trading opportunity.”
The factors contributing to this recommendation are a declining rate of inflation, the Trump Trade War 2.0, an OPEC+ oil price war, and the cracks forming in America’s labor and housing markets… It’s the club’s 12th trade – putting to use the $100,000 that Porter hopes to turn into $1 million. The next issue of The Trading Club will come later this summer. To become a member, you can join the waiting list by going here.
With tension high in the Middle East after Israel attacked Iranian military sites, Porter turned over the Daily Journal to Big Secret On Wall Street analyst Ross Hendricks, who focused on what happens to the economy and markets when there is violence in the region. He wrote:
It’s too early to determine how the situation will evolve from here. However, we don’t believe this situation should cause investors to deviate from their long-term investing strategy. History and experience tell us that trying to trade around geopolitical events is typically a losing proposition.
… major geopolitical events including the outbreak of wars, major terrorist attacks, and political assassinations have historically produced an average one-day dip of just 1.2% in the S&P 500. The total decline, on average, is just 5% with an average recovery time of 47 days.”
The Best Things We Read Last Week
Out of the hundreds of sources of investment, finance, and economics news and insight we regularly review – our Bloomberg terminal, hedge-fund letters, annual reports, the financial news media, Securities and Exchange Commission (“SEC”) filings, investment newsletters, newspapers, X (Twitter) threads, conferences, podcasts, and more – here’s what we’ve read that we think you might find interesting.
Markets And Economics
The Legends Speak
Investment Ideas
Government Bonds And Credit
Real Estate
Special Situations: Activist Investing, Spinoffs, Arbitrage, Mergers and Acquisitions (M&A), And More
Energy
Bitcoin And Crypto
Chinese issue NEW financial threat to America
The global economic war has arrived.
This announcement from China means they are set to implement massive tariffs on America any day now.
Are you going to learn how to leverage this global trade war to potentially generate returns 1,000% or more in a matter of months as this plays out?
Or are you going to sit on the sideline and become one of the victims in this new economic war?
