He describes why in the essay below.
We need to speak about true
financial madness. It's something you do
not see very frequently. It can
lead to the most
incredible gains of your investing
life. porter
stansberry end of america 2012. Or it can ruin all
of your wealth if you're swept up in it. I've
just seen 2 authentic financial
investment manias.
I'm talking about real "one
method" tradessituations that can just result
in catastrophe - porter
stansberry research. Yet for some factor,
everyone concerns see the trade as a
sure method to earn money, not
lose it. *** Let me present the concept with a real story. It has to do with John Templeton. You
might have heard of him in
the past.
He constructed a substantial
mutual-fund company, Templeton Investments, which he
sold in 1992 and made $440 million - porter stansberry review. His first "big trade" came
right after Hitler got into Poland in 1939. Stocks
offered off, hard. There were 104 different
stocks on the New York Stock Exchange that were trading for $1 or less
(porter
stansberry 2020).
His reasoning was that during the
Anxiety there was a surplus of everything, and
for that reason no earnings.
During a war, which was
definitely coming, there would be a
shortage of whatever and huge
revenues - porter
stansberry. Within three years he 'd made a
revenue on all but four of
the stocks. Over a years, the profits on
this trade were more than 10,000%. porter stansberry new
america.
Technology stocks had been on a tear
greater because the
mid-1990s, with companies like Intel, Microsoft, Yahoo, and
Qualcomm earning substantial returns for
financiers. Later on, though, the number
and quality of the business reaching the general
public markets began to decline
considerably. porter stansberry critics. And by January of 2000, the
circumstance reached a peak.
And so, en masse, financiers started to
think a lie that could not
potentially hold true. porter stansberry news. It was the
best monetary mania the world had actually seen
given that John Law's South Sea Bubble
in the early 1700s. *** I more than happy to report that we did a good task
cautioning individuals about what was
really happening As Steve
Sjuggerud wrote in January 2000 (on the newsletter's front
page): We are at the peak of probably the greatest
financial mania that will ever be seen in our life
times and quite potentially the best ever witnessed (porter stansberry america 2020).
If you were in the marketplaces back
then, you definitely
remember a few of the most famous
disastersPets.com, Webvan, and WorldCom. These firms were
backed by respected endeavor
capitalists and had company
strategies that were at least possible.
But this wasn't simply a bubble. It was a mania -
american
2020 porter stansberry. Even the most
clearly useless
endeavors reached multibillion-dollar
appraisals.
It made generic software application for internet
service suppliers, but never earned a profit. In 2002,
Yahoo purchased the company for $235
million. It paid too much - porter
stansberry. In 2009, the Inktomi software
application was contributed to the public under an open-source license. Everybody can
use it today totally free. Boo.com spent $188 million
of investors' money and deserved more than $1 billion (on paper) (porter stansberry advice).
Pixelon was a digital-streaming business that
launched operations with a $16 million
party, including The Who and the Dixie Chicks.
It failed in less than a year. It never
produced any earnings. And Lycos was a
fourth-rate online search engine. Spanish telecom
operator Telefonica purchased it for $12.5 billion. In 2004, it
sold it for $95 million.
Its owners promise that "new Lycos" is
coming quickly (porter
stansberry research). It's traded in India, if you're
interested. There were hundreds of IPOs like these. An index
of dot-com business tracked by TheStreet.com fell 75% in
2000. Numerous stocks fell by 99%including U.S. Interactive, Pacific Gateway Exchange,
Foundation Web Solutions, and Worldwide Exceed
Group.
Porter Stansberry Razor
The majority of the disclosures stated
plainly that these business had couple of,
if any, clients. Many of them
stated they had no written contracts or
contracts. The danger disclosures
explained, in plain English, that these weren't
real businesses and they
had near to no
possibility of remaining in service. And it didn't matter.
It was a real mania (porter stansberry america 2020). *** Templeton enjoyed
the market action silently from his
retirement community in the Bahamas.
Finally, on January 1, he understood that the mania
could not go on much longer. The
scams were outnumbering the genuine
IPOs by 10-to-1. He called his broker in New york city and
gave very basic
instructions: Brief as
lots of shares as you can get of every
technology IPO that notes.
The American Jubilee By Porter Stansberry
(The lock-up avoids insiders from
offering shares till some period
after the IPO, typically 90 days.) In the
first half of 2000, Templeton ended up shorting
84 stocks, putting approximately $2.2 million into each
of them. porter stansberry american 2020. He made more than $100 million on the trade,
in about a year (porter stansberry
scam).
Of the trade, Templeton told Forbes magazine:
This is the only time in my 88 years when I saw technology
stocks go to 100 times earnings; or, when
there were no incomes, 20 times sales -
porter stansberry ge. It was
crazy, and I made the most of the
short-lived insanity (porter stansberry debt
jubilee). I never thought I 'd
see a mania like that occur once again in my
life.
This was a scenario where
investors were entirely
overlooking the obvious
truth that the frustrating majority
of these business would fail and then bidding them approximately
totally insane
costs. This wasn't overexuberance. It was
madness. And over the next 24 months, financiers
saw $5 trillion of market price
vanish (porter stansberry reviews). porter stansberry review.
It's a mania that has actually been created
(and is being sustained) by main banks and
printing presses. Today, all over the world, something around $15 trillion in fixed
income is trading at a rate that
guarantees investors will lose cash if
they buy the bond and hold it until maturity.
I want to make sure you
understand what's occurring
because the bond market and bonds are a secret to a great deal of
private investors.
How can that happen? It occurs
when financiers bid the present
rate of a bond so far above par that the
staying discount coupons to be paid
won't cover the loss when the bond develops.
So for instance, you might see a bond trading at
$130, when it just has $29 worth of interest left to
be paid before it grows at $100.
Is
Stansberry research a legitimate company?
Is Stansberry research a legitimate company?
They are not really a scam, like take your
money and run, but yes they do suck big time. Not worth your money.
Unfortunately, Hulbert Financial Digest doesn't
track any of Stansberry's newsletters. The newsletter is cheap
enough to purchase annually and should be a no-brainer in terms of
cost. If you do get only one investing nugget annually from the
newsletter, it's well worth the subscription.
Mystery on the Rooftop. How did 32 year-old
aspiring screen writer Rey Rivera come to take a fatal plunge
from the baroque Belvedere Hotel in Baltimore, Maryland's Mount Vernon
neighbourhood in May 2006? The police ruled his death as probable
suicide.1 day ago
Dr. Steve Sjuggerud is the Founding
Editor of DailyWealth and editor of True Wealth, an investment
advisory specializing in safe, alternative investments overlooked by
Wall Street. He believes that you don't have to take big risks to make
big returns.
You can cancel your subscription by
calling our Customer Service Department at 888-261-2693 Monday through
Friday between the hours of 9:00 a.m. and 5:00 p.m. ET or by any other
designated cancellation method. You may not cancel a
subscription by any other means.Feb 14,
2019
Exchange-traded funds (ETFs) — ETFs offer a
lower-fee alternative to stocks, and provide access to a basket of blockchain
companies to invest in. Here are a handful of blockchain
ETFs available in the market. For a more extensive overview, click
here.Jun 24, 2020
Stansberry
Research is a publishing company and investment advisory
service that was founded in 1999 by Frank Porter Stansberry.
... Since then, the company has expanded and now offers a range of investment
advisory services related to retirement, commodities, and stocks.Apr
5, 2020
For TV viewers who grew up in the 1980s and
1990s, Stack is probably most associated with his work on Unsolved
Mysteries. But he had a long career in Hollywood dating back to
the 1930s. He made his movie debut in the 1939 film First Love. ... In
2003, Stack died at his home of a heart attack at age 84.Jul
1, 2020
On May 24, 2006, the body of Rey Rivera
was found inside the historic Belvedere Hotel in the Mount Vernon
neighborhood of Baltimore, Maryland. Although the event was ruled a
probable suicide by the Baltimore Police Department, the circumstances
of Rivera's death are mysterious and disputed.
Theory: Patrice Endres was killed
by Jeremy Jones, a suspected serial killer. In 2004, Jeremy Jones was
arrested in Mobile, Alabama, and convicted of murdering 45-year-old
Lisa Marie Nichols in 2005. To this day, Jones remains on death
row.Jul 6, 2020
One of the historical realities of the stock
market is that it typically has performed poorest during the month
of September. The "Stock Trader's Almanac" reports that,
on average, September is the month when the stock
market's three leading indexes usually perform the poorest.May
17, 2020
What is a 'Melt Up'? A melt up is a
dramatic and unexpected improvement in the investment performance of
an asset class, driven partly by a stampede of investors who don't
want to miss out on its rise, rather than by fundamental improvements
in the economy.Jun 25, 2019
Because every day you invest your money,
you're more likely to earn money on your investments. ...
That's because of two factors: The stock market has
historically gone up which means that even if your portfolio has a bad
year and you lose money, you're likely to gain it back in a few years.
Blockchain was invented by a person (or group of
people) using the name Satoshi Nakamoto in 2008 to serve as the
public transaction ledger of the cryptocurrency bitcoin.
With a Blockchain Score of 92, IBM is far
and away the overall leader in blockchain technology development, and
our number one stock selection in the group.Jan
24, 2019
Of course, all financiers
think that they will be active
enough to offer before that
occurs. And all financiers
believe that the federal governments will continue
to buy these bonds or perhaps
even stocks and do whatever it requires to keep the bubble
growing. This scenario is the
meaning of an investment mania.