by WaveML TLDR: Ridesharing companies’ massive valuations are based off of a driverless taxi future. However, it seems that in this future almost all the profits will go to the companies that have solved the hard tasks of manufacturing the …
via Robert Burgess A rotational shift with an ominous subtext leads market commentary. It’s been a long time since value stocks were in favor. Just ask David Einhorn, whose main hedge fund lost 19 percent through the first seven months of …
Unions Take a Hit After Supreme Court Ruling: States are ordered to stop collecting millions of dollars in fees from public workers. Public-sector unions are facing steep falls in revenue and trying to prevent the loss of members in the …
by jessefelder A version of this post first appeared in The Felder Report Premium. Bill Miller and others have recently argued that the real mistake value investors are making today is not including the most popular stocks in the market in their …
No matter where you live, an apartment, a house or a villa, at some point you will want to renovate your residence. Most people start with their kitchen and bathroom and that’s because they know that great value will be …
by howmuch Neymar, Harry Kane, Lionel Messi—each of them is worth well over $100M for their innate talent on the soccer field. Such high-profile players are expected to perform at the top of their game in the 2018 World Cup, …
From Dan Ferris, Editor, Extreme Value: Today’s video is a short introduction to the main ideas in the June 2018 issue of Extreme Value, published on Friday, June 8, 2018. Details are for subscribers only, but I think subscribers will agree the …
Ron Paul spars with Ben Bernanke, claims the Federal reserve has destroyed the value of real money. The Federal Reserve is a private bank, and not a part of the Federal government. Destroy the Fed, and you severely weaken the …
by John Rubino Back in the late 1990s I interviewed for an analyst job with a value-oriented money manager. My main impression of our talk was how sad the guy was. The tech bubble was in full swing, any little …
From Birch Gold Group Gold is a finite resource. According to a recent study in Science Daily, most of the available gold was initially deposited in the Earth’s mantle (emphasis ours): The removal of gold to the core should leave the outer portion …
From Dan Ferris, Editor, Extreme Value: This video is about the most important skill investors must master to make money (and prevent losing it). I’ll tell you what it is, why it’s so important and why right now it’s more important …
Image by iStock.com/simonkr From Elena Popina and Kamaron Leach at Bloomberg: Move over, Facebook. U.S. investors have a new punching bag among the FAANGs: Amazon.com, Inc. Facebook Inc. gave up the top loser spot to Amazon.com, which lost $53 billion in market value on Wednesday …
BY PATRICK WATSON Source: Mauldin Economics The long-awaited Strategic Investment Conference 2018 kicked off with a keynote from David Rosenberg of Gluskin Sheff titled, “Year of the Dog: Will It Bark or Bite?” (Spoiler: The answer is “bite.”) Rosenberg began by running through …
Whenever in the history of money a country goes off the gold standard it becomes irresistible to just keep the printers pumping out more and more money. In modern times, money is always issued along with debt in the same …
by Charles Hugh-Smith Finding work that fits who you are is rarely easy, especially if you don’t fit into the mainstream, and usually it requires a lot of compromises, hard work and dead-ends. But that’s the process. Establishing a satisfying …
Bitcoin Is Falling Fast, Losing More Than Half Its Value in Six Weeks Selloff triggered by expanding regulatory crackdown on cryptocurrencies Bitcoin plunged below $8,000 on Friday, extending its sharp rout since the start of the year in a selloff triggered by …
The Dow’s 31% gain during Trump’s first year is the best since FDR The 30-stock index has surged more than 31 percent since Trump’s inauguration. That marks the index’s best performance during the first year of a president since Franklin …
by Chris Martenson bitcoin.com So… in the past week, I’ve been asked for advice on Bitcoin by my brother-in-law, my local realtor, and close friends from as far away as Texas. None of them cared to learn what it actually is. …
Construction, Manufacturing Jobs Up 600% in Trump’s First Year This is a stunning statistic. Thanks to Trump’s business expertise construction, manufacturing jobs are up 600% in the US in his first year as president. In order to own 2018, …
Think of it as a fire sale. Vote for Hillary Clinton or Donald Trump and get to hear their speeches for free. Bill Clinton gets paid up to three-quarters of a million dollars a pop for giving a one-hour speech. …