Are you a victim of “subtle portfolio churning”?

Ed Seykota is best known for returning 250,000% over a 16-year period. Like many, he started out using fundamental information – and quickly lost money on his first copper trade suggested by his broker, and his second “can’t lose” trade on silver. Shortly thereafter, he discovered Richard Donchian in the 70’s. Richard was unique at more »

Gone Fishing: How to Catch Whopper Trades


Gone Fishing: How to Catch Whopper Trades Like many, I learned how to fish from my late grandpa. I could go a day with only a few bites, yet he always seemed to catch his limit of fish. He was an ‘Okie.’ He and the rest of the family left Oklahoma and settled in California more »

Flash Crash Fire Sale


Flash Crash Fire Sale Remember the Flash Crash of 2010? The U.S. stock market lost a trillion dollars in 36 minutes. If you had raised some cash beforehand, you’d have been able to buy in at a tremendous fire sale. Speaking of fire sales, I’m running a special holiday deal. When you invest in one year of the Smart more »

Did this just signal the final days of the Trump rally?


Did this just signal the final days of the Trump rally? Something extremely significant happened last Friday… …and not a single mainstream media teleprompter-reading reporter talked about it. There was significant action in the bond market that could throw a monkey wrench in the entire Trump rally. Looking at the charts won’t tell you a more »

Secret of the $6 Million Mansion


Secret of the $6 Million Mansion It seemed like an eternity of twisting turns, blind corners, and flooded streets before we reached our destination… A three-story mansion overlooking Los Angeles. On the roof looking left, you can see the Hollywood sign. Scanning the horizon to the right, you can vaguely make out the Griffith Observatory, more »

Apple’s “double-down” mystery


Apple’s “Double-Down” Mystery… What in the world is going on at Apple? “At three in the morning, they have deliveries. It’s very dark, very secretive. We don’t know what’s going on, but almost every night there is noise that wakes the dogs up,” Joann Porter said. Those were the words used to describe the events more »

What color is the sun?


What color is the sun? When you were a kid, you probably took out your crayons and drew the sun as a yellow ball on your piece of paper. And of course Superman gets his powers when exposed to our yellow sun. Yet the sun isn’t yellow. It’s white. What color is snow? White. Why more »

Why people with high IQs are often horrible traders [Part 2]


Why people with high IQs are often horrible traders [Part 2] P.S. Keep reading because I want to share something extremely personal with you… In yesterday’s email, I explained why EQ (emotional quotient or emotional intelligence) is a greater predictor of success than IQ. Ironically, our quote provider took a crap on a day where more »

Why people with high IQs are often horrible traders


Why people with high IQs are often horrible traders   Listen to this crazy paradox: According to Drs. Travis Bradberry and Jean Greaves, authors of Emotional Intelligence 2.0, “people with the highest levels of IQ outperform those with average IQs just 20% of the time, while people with average IQs outperform those with high IQs more »

The “ABP” method for getting your sh$* together


The “ABP” Method for Getting your Shit Together From the 1992 movie Glenngary Glen Ross Ed Harris: What’s your name? Alec Baldwin: F____ you. That’s my name. You know why, mister You drove a Hyundai to get here. I drove an eighty-thousand dollar BMW. THAT’S my name. And your name is you’re wanting. You can’t more »