This one book really helped me understand the thought process of Charlie Munger. It’s over 400 pages of brilliance in a fun and easy format. I’ve read this book more than any other book.
With the current and expected “digit printing” you would think that the “smart money” would be aggressively positioned in gold and silver. But they aren’t yet.
If you didn’t put your cash to work in 2020, then you’re fighting the tide ignited by the Fed.
Investors love chasing stories that are on the front page. But it’s the ones on the back pages that get no love that have the most upside.
Cigarettes have been an enormous source of tax revenue for the governments. Post-pandemic, governments are going to require new “alternative” sources of tax revenue.
Nothing makes me happier than the math guys getting attention – except, of course, when the math is wrong.
Gold wasn’t the only thing that set a new all-time high this year. Bitcoin managed the same, punching its way back up to set a new record high of its own at $19,850.
Then the generalist funds were quick to move and locked in their gains in gold stocks post vaccine news.
There is another motive at play than just chasing big profits, Investing in ESG companies and funds makes you look good.