This Is The Real Cost Of Inflation

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… What We Published Last Week

Porter turned Monday’s Daily Journal over to Trading Club analyst Ross Hendricks. Ross provided fresh insight into the popular theme of the AI bubble. He said that at the heart of any tech revolution that promises to change the world is game-changing innovation – causing investors to go all-in. But inevitably, investors take it too far. As the speculative frenzy builds, too much capital floods into an industry chasing increasingly marginal investments. The boom eventually gives way to a devastating bust – and the good players remain while the marginal ones fade away.

Today, he says, we’re seeing the same pattern repeat in the AI boom. The diagnosis was simple… In a special report for paid-up Trading Club members, Ross prescribed a hedge against an AI-bubble collapse (and a peace of mind). It is worth the read.

To learn about becoming a Trading Club member, click here.

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In Wednesday’s Daily Journal, with government budget numbers out, Porter reported on the growing amount of debt, obscene amount of spending, and the imbalance between those who contribute to society and those who do not.

He wrote that our system is broken in the way all democracies inevitably break: voters looting the Treasury. And the only way this ends is the way these things always end: hyperinflation and, usually, war.

What should you do about this stark reality? Porter asked. He then pointed to the recommendation that he would release in the next day’s issue of Complete Investor, detailed below.

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And sure enough, on Thursday in Complete Investor, Porter shared his latest recommendation… what he called one of the few, genuinely elite businesses in the entire world. It’s one that most people have never heard about – because it didn’t exist a year ago.

It is a quintessential Lindy stock, with its roots dating back to 1912. It’s a spin-off of a century-old business – so it’s already number-one in many areas where it does business – yet it is less than a year old. One strong sign of future success, which Porter likes, is that the CEO left the parent company to join the spin-off… and just purchased boatloads of stock on the open market.

He concluded…

“I have no doubt the report on this company will prove to be the best recommendation of my entire career – surpassing even The Hershey Company (HSY), Microsoft (MSFT), and W.R. Berkley (WRB).”

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Also on Thursday, Erez Kalir released his latest issue of Tech Frontiers. This month’s Tech Frontiers differs from most issues – since Erez did not focus on a new stock recommendation. Instead, he explored Medicine 3.0… a term he borrows from his friend Dr. Peter Attia, the Stanford Medical School-trained longevity expert who coined the designation in his best-selling book Outlive.

Medicine 3.0 refers to the next-generation practices that patients need to adopt, drawing on cutting-edge science that’s not yet widely permeated the medical mainstream, if we wish to maximize our healthspan as well as our lifespan. By being proactive, informed, and by taking concrete action, we can add both years to our lives and life to our years.

Erez’s aim for the special issue was to share both cutting-edge science and practical advice. Plus, he took some gains by selling two Tech Frontiers holdings and offered updates on a handful of other portfolio companies.

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Ross Hendricks provided Trading Club members a double-sized serving of trades, insights, and market analysis. We released the comprehensive issue on Thursday, prior to a special video presentation that he and Porter will share with members tomorrow, December 8.

Many of the latest series of trades were funded by the freed-up cash generated from the recent expiration of previous options positions.

Porter & Co. launched The Trading Club with two goals in mind: to grow a live $100,000 starting portfolio into $1 million, and show members every step along the way. In the roughly six months from the launch date on May 30, The Trading Club portfolio is up 15% to $115,000, and we believe the best is yet to come.

Each quarter, Ross releases a series of options trades designed to expire over the following 90 days. For those who are new to options trading, Ross suggested starting with The Trading Club Playbook. Porter and Ross will release a video tomorrow, December 8, where they walk through each of Thursday’s trades as they place them in the live tracking account.

To learn more about The Trading Club, click here.

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We concluded the week in Friday’s Daily Journal in which Porter compared the state of the U.S. federal government to a plane unable to fly out of a box canyon. He wrote…

The world has no historical precedent for a crisis involving a reserve currency of this magnitude, making the outcome impossible to model.

But, I know this. It won’t be good – for anyone.”

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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.