AIA Weekly Free Email 7.23.24
Precious Metals, Mining & The Economy (guest: Tavi Costa)
I follow the work of Tvai Costa and his firm, Crescat Capital. Crescat is bullish on mining and metals while being bearish on the overvalued tech sector. Worth following as they make terrific charts, which I share regularly.
Joel Greenblatt explains how investors can outperform the market
A couple of takeaways:
Stocks are ownership interests in businesses
Sometimes, the market offers these ownership interests of businesses at discounts to their fair value
Importance of determining the true value of a business and how to do it
I recommend Joel Greenblatts book, “You Can Be a Stock Market Genius”
Russell Napier. Twenty-One Lessons from Financial History for the Way We Live Now
Here are slides from the lecture, with some great points being made. There is lots of wisdom here. You may have to watch it a couple of times.
Jesse Felder | Commodities Supercycle Now!
This interview dives deep with Jesse Felder, founder of the Felder report - to explore the impact of the recent attempt on President Trump's life on the markets and economy. The conversation delves into potential shifts in investor focus, from crowded to neglected stocks. They also discuss the Federal Reserve's biggest current challenge, the strength of the consumer, and the looming possibility of rising unemployment. Additionally, the interview examines the potential for inflation to mirror the sharp rise seen in the 1970s. Don’t miss this important and fascinating discussion.
We are still in the summer doldrums. Many people are on vacation, so volumes and news flow are down. That is why they have the saying, “Sell in May and go away.”
I expect that after the summer is over, we should see things pick up in the sectors we are interested in and invested in.
That’s it for this week. Thanks for subscribing.
To your investing success,
John polomny
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