When you need extraordinary, clear business insight—like the simple way to make a fortune in stocks—do what PBRG does. Listen to Bill Bonner…
Bill is Mark’s business partner and the founder of Agora Inc… PBRG’s parent publishing company with over 2 million paid subscribers.
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From Bill Bonner, president, Agora Inc.: What really works in business is the same as what works in the rest of civilized life: effort, concentration, consideration, respect for others’ time, and a willingness—even a desire—for the other guy to win, too.
But investing is thought to be different—as if it took place in a different world on a distant planet where up is down, down is up, and gravity doesn’t work.
People think that they are not investing in a person… or a business… but in something otherworldly. They believe different laws apply to the stock market.
As my old friend Rick Rule points out: “When the cost of tuna fish goes up, intelligent shoppers buy less of it. But when a stock goes up, they buy more.” And when the central bank distorts the economy with EZ lending, fogging the judgment of businesses and investors, they believe this somehow makes their companies more valuable.
Instead of the careful, steadfast effort over many years—the long focus that it takes to succeed in the rest of the life—investors often think success in investing can be achieved by “taking a flyer” on the latest tech fad, buying overpriced ETFs that own companies they’ve never even heard of, or front-running the Fed’s interest rate decisions.
“What investors should do is focus on the business, not on the stock market,” writes Chris Mayer in 100 Baggers. The book is a look at how people make fortunes in the stock market. Peeking ahead: it is by buying good companies and sitting tight.
Reeves’ Note: Bill’s No. 1 analyst is Chris Mayer… a man whose investment track record beat the growth of “superinvestor” Warren Buffett’s Berkshire Hathaway by 2-to-1 for a decade.
For the first time, Chris is revealing the method behind his extraordinary performance. You can learn what it is, for free, right here.