Before Columbus set sail for America… Before Italy became a country… And way before the formation of the European Union… There was Italy’s Banca Monte dei Paschi di Siena. Founded in 1472, the majestic Italian bank stands as the world’s oldest. It has survived genocides, world wars, and economic depressions… Through fire, a great flooding, […]
My favorite signal for investing in value stocks just lit up… The last time it did, value stocks outperformed growth stocks by 80% the following seven years. Value stocks trade for low prices compared to their fundamentals. They’re generally less volatile than growth stocks… which are faster-growing, higher-risk companies. Conventional Wall Street thought is that […]
If you followed the “experts” over the past few months, you may have missed a major rally. Much of the mainstream media predicted the election of Donald Trump as U.S. president would wreak havoc on the market. Just take a look at what the Cassandras over at The Atlantic had to say about Trump’s victory […]
Editor’s Note: Regular Daily readers know that Bonner & Partners’ Chris Mayer is one of the best stock pickers in the game. Chris’ readers enjoyed an average annual return of 17.5%—more than twice the broader market’s average—over a decade that included the 2008 crisis. Below Chris shares invaluable insight on what makes a great investor… […]
From Bill Bonner, chairman, Bonner & Partners: People can believe whatever they want. But sooner or later, real life intervenes. We just like to see the looks on their faces when it does. By that measure, 2017 may be our best year ever. Rarely have so many people believed so many impossible things. Worst in […]
From E.B. Tucker, editor, The Casey Report: Donald Trump’s election signals a critical change for the U.S. economy and its markets. You see, for 15 years, the Federal Reserve’s radical money experiment fixed interest rates at lower and lower levels until they hit 0%…where they stayed. The price of money is not zero. Keeping it […]
By Mark Ford, founder, Palm Beach Research Group: Ralph Lauren makes beautiful clothes. Over the last five decades, his company has grown from making a small line of neckties to a multibillion-dollar international name with nearly 500 brick-and-mortar stores. Yet he dresses simply. His usual attire is a pair of jeans and a collared shirt. […]